Moodys confirm only 3 countries in G20 to show postive GDP growth this Year = Guess ??? the 3

[The Maverick]

India's GDP growth to see strong pick up in second half of 2020: Moody's

Moody's Investors Service has said that India, China and Indonesia will be the only G-20 emerging economies to post a strong enough pick up in real GDP in the second half of 2020

www.businesstoday.in

YEP YOU GOT IT

India
Indoneasia
China

 

[The Maverick]

This is confirmed BY INDIAN $22 BILLION RISE OF FOREX to record $538 billion in JULY

YES ITS TRUE $538 BILLION IN THE BANK and RISING by $20 to $30 billion a year

 

[Han Patriot]

India is not growing mate. Lol

 

[Protest_again]

This is confirmed BY INDIAN $22 BILLION RISE OF FOREX to record $538 billion in JULY

YES ITS TRUE $538 BILLION IN THE BANK and RISING by $20 to $30 billion a year

What are you talking about only $20 to $30 billion year? Since April 2020 to till date, forex rose by $60 billion and $100 billion in last 10 months.

But India is expected to have negative real growth this fiscal but that could be offsetted by rise in rupee vis a vis dollar. Nominally we'll still be growing.

 

[Figaro]

India is not growing mate. Lol

Yet another symbol of Indian delusion ... sigh. These people, it unfortunately seems, cannot be helped. Only a higher force can restore sanity into Indian minds.

 

[- Singh Saab -]

Indian economy will contract by 6% this year.

 

[Menthol]

India's GDP growth to see strong pick up in second half of 2020: Moody's

Moody's Investors Service has said that India, China and Indonesia will be the only G-20 emerging economies to post a strong enough pick up in real GDP in the second half of 2020

www.businesstoday.in

YEP YOU GOT IT

India
Indoneasia
China

Huahaha!

Indonesia is the best!!!


I just hope the vaccine to be implemented as fast as possible.

New Normal policy saves the economy, but also let the people a bit unguarded.

Indonesia coronavirus will also increase bit by bit up to next year, once the vaccine is ready.

People are not robots anyway, they are not perfect.

As long the graphic is not increased dramatically, I think it's fine.

 

[lightoftruth]

Investments will pour in these countries.

 

[Chhatrapati]

All this happens when there is a vaccine by December. Or else, it's all predictions to keep the investors from panicking.

 

[-blitzkrieg-]

This is confirmed BY INDIAN $22 BILLION RISE OF FOREX to record $538 billion in JULY

YES ITS TRUE $538 BILLION IN THE BANK and RISING by $20 to $30 billion a year

gimmickry of statistics

 

[Indos]

Huahaha!

Indonesia is the best!!!


I just hope the vaccine to be implemented as fast as possible.

New Normal policy saves the economy, but also let the people a bit unguarded.

Indonesia coronavirus will also increase bit by bit up to next year, once the vaccine is ready.

People are not robots anyway, they are not perfect.

As long the graphic is not increased dramatically, I think it's fine.

Yup, 5.3 percent growth decline in second quarter is quite expected since we do lock down measure. Despite not able to contain the spread of the virus, at least it has slowed the virus spreading and thus give us more time to better prepared in dealing with this pandemic until the vaccine inshaALLAH is ready for mass produced.

Pretty much some project delays which happen during second quarter has been started again in the third quarter. Despite that, several economic sectors IMO are still getting hard effect of the pandemic for the rest of the year which are airline, hotels, tourism, restaurants and street food vendors.

I dont know whether we are going to post positive growth this year, It will be a miracle if that really happen. If the vaccine is really effective and can be manufactured starting in early next year, our economy will likely to post strong growth next year. Not only that, our relation with China will also get better if the vaccine is really effective.

 

[Han Patriot]

India is not growing mate. Lol

What are you talking about only $20 to $30 billion year? Since April 2020 to till date, forex rose by $60 billion and $100 billion in last 10 months.

But India is expected to have negative real growth this fiscal but that could be offsetted by rise in rupee vis a vis dollar. Nominally we'll still be growing.

You should check if foreign debt also increased, whatever dollars you borrowed is added to the reserve mate.

 

[Protest_again]

India is not growing mate. Lol
You should check if foreign debt also increased, whatever dollars you borrowed is added to the reserve mate.

Indian external debt came down from $563 billion in Dec 2019 to $558 billion in Mar 2020. In this period forex grew by $40 billion. So yes, I checked.

India had a quarterly trade surplus in the first quarter. India's service exports were always in positive. India's FDI recorded huge growth this quarter over $25 billion. Remittances are also at an all time high. No drainage of reserves on the account of students and tourists spending abroad as they stay put in the country. FPI equity investments were at all time high at $6 billion.

All of these contributed to our forex growth.

Some pertinent links for you to study before making stupid comments like India is not growing mate. Thank you.

GST revenue is only down 14% from last year in July.

India Exports In July Reached Levels Seen A Year Ago, Piyush Goyal Says

Seen green shoots in consumer appetite for first time since lockdown: BCG India’s Nimisha Jain

Domestic PV sales dip 4% in July; signs of green shoots visible: SIAM

India attracts USD 22 billion FDI during COVID-19: Amitabh Kant

FPI equity inflows: Indian outperforms other Emerging Markets with $6 billion and counting

Forex reserves surge to an all-time high of $538.191 billion

Return of the rumble in the VC jungle

What's behind rupee's stellar rally against dollar? It's not RBI

Tractor industry grows 35% in July

 

[Dark1]

Even though moody's has given a positive report on India, I don't trust these rating agencies as their past record is very poor.
From early 2000 when Enron collapsed to the 2008 sub prime crisis, many companies had excellent ratings. These guys are running a business and now with many employees from shady countries, I totally distrust their analysis.

 

[GumNaam]

I can see how China & Indonesia have growing GDPs but the only two things that are growing in india are the rate of unemployment & the rate of coronavirus infections.