Why Pakistan is an Overmatch for India

[Titanium100]

In practical sense, Pakistan

In the real world it will take india 100 years to exit from poor to middle class economy

 

[Path-Finder]

Don't become a victim for political propaganda... for election proposes mostly... PK will never go dry as long as oil flourishes in the GULF..

ppl were saying we should default since 60s? why didn't that happen?

The gulf is changed and they are moving away from oil and so are others. Oil is not going to vanish as its the most important commodity but its dependance is being lowered.

With GHQ's brain operating in the 90's. the good old days of going to GCC were eventually going to come to an end. that's the case with everything.

Pakistan needs to stand on its two feet. The project that was going to do that was CPEC. Even that has been brought to ruins.

 

[Abdul Rehman Majeed]

Yes, we are too poor to Host IMF to get some

Just one Business in India has so much of debt that it can bankrupt the whole country of India.

Enuff said.

India's Adani Group 'deeply overleveraged', CreditSights says

India's Adani Group, controlled by billionaire Gautam Adani, is "deeply overleveraged" and its many investments in capital-intensive businesses could pose long-term risks to investors, Fitch Group's debt research unit CreditSights said on Tuesday.

www.reuters.com

2 minute readAugust 23, 202210:56 AM UTCLast Updated ago

India's Adani Group 'deeply overleveraged', CreditSights says​

Reuters

The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave


NEW DELHI, Aug 23 (Reuters) - India's Adani Group, controlled by billionaire Gautam Adani, is "deeply overleveraged" and its many investments in capital-intensive businesses could pose long-term risks to investors, Fitch Group's debt research unit CreditSights said on Tuesday.

The conglomerate's debt-funded growth plans could spiral "into a massive debt trap" and culminate in distress or default of its companies and the broader Indian economy in a "worst-case scenario", CreditSights said.

An Adani Group spokesman did not immediately respond to a request seeking comment.

The grim assessment of the conglomerate, controlled by Asia's richest man, comes at a time its group companies are investing in new sectors such as telecom, cement and long-term infrastructure projects.

The heavy debt of the companies pose a risk at a time when interest rates are high and due to the long gestation period of some of the infrastructure projects, CreditSights said in its report.

CreditSights also flagged "high key-man risk", saying the capability of senior management in Gautam Adani's absence may be inadequate.

Shares in Adani Group companies including flagship Adani Enterprises (ADEL.NS), Adani Green Energy (ADNA.NS), Adani Ports (APSE.NS) and Adani Power (ADAN.NS) fell after the release of the report, which pegged the conglomerate's total debt at 2.3 trillion rupees ($28.80 billion).

Shares of Adani Green, up about 170% over the year, led the slide falling as much 6.9%. Adani Power, which has risen more than five-fold in the last year, fell 5% to hit the lower circuit- the limit a stock price can move on a single day.

($1 = 79.8550 Indian rupees)
Reporting by Manoj Kumar; editing by Jason Neely
Our Standards: The Thomson Reuters Trust Principles.

 

[Titanium100]

The gulf is changed and they are moving away from oil and so are others. Oil is not going to vanish as its the most important commodity but its dependance is being lowered.

With GHQ's brain operating in the 90's. the good old days of going to GCC were eventually going to come to an end. that's the case with everything.

Pakistan needs to stand on its two feet. The project that was going to do that was CPEC. Even that has been brought to ruins.

well oil won't decline until late 2070s

 

[Path-Finder]

well oil won't decline until late 2070s

Oil will never decline because Oil is central to our modern living. oil makes plastics, chemicals etc. its biggest use in vehicles is being reduced. The GCC is looking at other avenues away from oil.

But my main point is that how long is GCC going to coddle Pakistan for. eventually they will get fed up as they have now.

 

[Titanium100]

Oil will never decline because Oil is central to our modern living. oil makes plastics, chemicals etc. its biggest use in vehicles is being reduced. The GCC is looking at other avenues away from oil.

But my main point is that how long is GCC going to coddle Pakistan for. eventually they will get fed up as they have now.

once they get their own nukes

 

[Raj-Hindustani]

Just one Business in India has so much of debt that it can bankrupt the whole country of India.

Enuff said.

India's Adani Group 'deeply overleveraged', CreditSights says

India's Adani Group, controlled by billionaire Gautam Adani, is "deeply overleveraged" and its many investments in capital-intensive businesses could pose long-term risks to investors, Fitch Group's debt research unit CreditSights said on Tuesday.

www.reuters.com

2 minute readAugust 23, 202210:56 AM UTCLast Updated ago

India's Adani Group 'deeply overleveraged', CreditSights says​

Reuters

The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave


NEW DELHI, Aug 23 (Reuters) - India's Adani Group, controlled by billionaire Gautam Adani, is "deeply overleveraged" and its many investments in capital-intensive businesses could pose long-term risks to investors, Fitch Group's debt research unit CreditSights said on Tuesday.

The conglomerate's debt-funded growth plans could spiral "into a massive debt trap" and culminate in distress or default of its companies and the broader Indian economy in a "worst-case scenario", CreditSights said.

An Adani Group spokesman did not immediately respond to a request seeking comment.

The grim assessment of the conglomerate, controlled by Asia's richest man, comes at a time its group companies are investing in new sectors such as telecom, cement and long-term infrastructure projects.

The heavy debt of the companies pose a risk at a time when interest rates are high and due to the long gestation period of some of the infrastructure projects, CreditSights said in its report.

CreditSights also flagged "high key-man risk", saying the capability of senior management in Gautam Adani's absence may be inadequate.

Shares in Adani Group companies including flagship Adani Enterprises (ADEL.NS), Adani Green Energy (ADNA.NS), Adani Ports (APSE.NS) and Adani Power (ADAN.NS) fell after the release of the report, which pegged the conglomerate's total debt at 2.3 trillion rupees ($28.80 billion).

Shares of Adani Green, up about 170% over the year, led the slide falling as much 6.9%. Adani Power, which has risen more than five-fold in the last year, fell 5% to hit the lower circuit- the limit a stock price can move on a single day.

($1 = 79.8550 Indian rupees)
Reporting by Manoj Kumar; editing by Jason Neely
Our Standards: The Thomson Reuters Trust Principles.

Try to understand when a government take the loan and a private organization...

 

[VkdIndian]

Just one Business in India has so much of debt that it can bankrupt the whole country of India.

The question is ‘if’. If it defaults? Why would it?

The prices of shares keep going up and down all the time. That is not an indicator of impending failure.

A lot of people are hoping that it would. But unlikely.

 

[Pranaayam]

The question is ‘if’. If it defaults? Why would it?

The prices of shares keep going up and down all the time. That is not an indicator of impending failure.

A lot of people are hoping that it would. But unlikely.

Sometimes companies become too big to fail. A lot of institutional investors money is involved in Adani enterprises. These people will not let it fail. Also Modi is not going anywhere for next atleast a decade. No threat to Adani. Those wishing for it to fail are just sour grape loosers.

 

[Conqueror]

Can we close this comedy thread now? We are not an overmatch for a country whose economy and military forces follow the rule and are 10–100 times better off. We aren't. Let the fantasy end here.