I N D I A - Bankrupt soon?? Standard & Poor's warns India - investment-grade rating lowered to junk

PkRevolution

Chief Minister (5k+ posts)
m_id_70099_pranab_mukherjee.jpg



Jun 19 2012. 12:16 AM IST


New Delhi: Fitch Ratings on Monday revised India’s credit outlook to negative from stable, blaming rising risks to its growth potential and limited progress on fiscal consolidation adding to macroeconomic woes. The action follows that of Standard and Poor’s (S&P), which lowered the country’s sovereign credit outlook to negative in April.
http://www.livemint.com/2012/06/18164445/Fitch-cuts-India8217s-credi.html


India could be cut to junk, S&P warns


Indian rupee tumbles to new low against U.S. dollar

http://www.cbc.ca/news/business/story/2012/06/11/india-s-and-p-bric-credit.html
Ratings agency Standard & Poor's Monday said India could become the first emerging economy powerhouse to lose its investment grade credit rating.




CNN 21.06.2012


 
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Indocanadian

Politcal Worker (100+ posts)
[h=1]Well Guys still we are NO 2 in the top 10 economies . so just chill



GDP Growth Rates, List by Country[/h][h=2]This page has a list of countries ranked by annual GDP Growth Rates. Economic growth, when measured by a change in the gross domestic produc (GDP), is the increase in the amount of goods and services produced by an economy over time. GDP Growth is usually calculated in real terms in order to take into account the effect of inflation on the price of goods and services. All economies experience periodical expansions or recessions and the short-run variation of economic growth is known as the business cycle. The United States has the world's largest economy by GDP, according to the World Bank. Yet, China's fast-growing economy should surpass that of the US around 2050 to become the world's largest.[/h]
gdp-growth-yoy-major-countries.png
 

PkRevolution

Chief Minister (5k+ posts)
Well Guys still we are NO 2 in the top 10 economies . so just chill



GDP Growth Rates, List by Country


This page has a list of countries ranked by annual GDP Growth Rates. Economic growth, when measured by a change in the gross domestic produc (GDP), is the increase in the amount of goods and services produced by an economy over time. GDP Growth is usually calculated in real terms in order to take into account the effect of inflation on the price of goods and services. All economies experience periodical expansions or recessions and the short-run variation of economic growth is known as the business cycle. The United States has the world's largest economy by GDP, according to the World Bank. Yet, China's fast-growing economy should surpass that of the US around 2050 to become the world's largest.

gdp-growth-yoy-major-countries.png

You forgot Bangla Desh 6.1 for year 2012.

I show you the real statistic.


These are the worlds largest top 10 economies. India is no where. I think you should visit india first see state of your poor country and then write something here.

7853ab9c952b0c871f12de9a999bcc69.JPG



http://money.cnn.com/news/economy/world_economies_gdp/?iid=EL
 
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modern.fakir

Chief Minister (5k+ posts)
Unicorn the joghini says that this is due to the population which gets gaurav gatha education and only 15% is employable ...but according to his ISI-O_meter this report is obviously not true ....because he didnt pay taxes for this report since this is not covered under his belief system......hahahahahahahaha

[hilar][hilar][hilar][hilar]
 

Indocanadian

Politcal Worker (100+ posts)
You forgot Bangla Desh 6.1 for year 2012.

I show you the real statistic.


These are the worlds largest top 10 economies. India is no where. I think you should visit india first see state of your poor country and then write something here.

7853ab9c952b0c871f12de9a999bcc69.JPG



http://money.cnn.com/news/economy/world_economies_gdp/?iid=EL

India is no 11 Economy in this world .

List by the International Monetary Fund (2011)[SUP][2][/SUP]List by the World Bank (19902010)[SUP][3][/SUP]List by the CIA World Factbook (20002011)[SUP][1][/SUP]
RankCountry/RegionGDP (millions of US$)
World69,659,626[SUP][4][/SUP]
22px-Flag_of_Europe.svg.png
European Union
17,577,691[SUP][4][/SUP]
1
22px-Flag_of_the_United_States.svg.png
United States
15,094,025
2
22px-Flag_of_the_People%27s_Republic_of_China.svg.png
China
7,298,147[SUP]n2[/SUP]
3
22px-Flag_of_Japan.svg.png
Japan
5,869,471
4
22px-Flag_of_Germany.svg.png
Germany
3,577,031
5
22px-Flag_of_France.svg.png
France
2,776,324
6
22px-Flag_of_Brazil.svg.png
Brazil
2,492,908
7
22px-Flag_of_the_United_Kingdom.svg.png
United Kingdom
2,417,570
8
22px-Flag_of_Italy.svg.png
Italy
2,198,730
9
22px-Flag_of_Russia.svg.png
Russia
1,850,401
10
22px-Flag_of_Canada.svg.png
Canada
1,736,869
11
22px-Flag_of_India.svg.png
India
1,676,143
 

Unicorn

Banned
m_id_70099_pranab_mukherjee.jpg



Jun 19 2012. 12:16 AM IST


New Delhi: Fitch Ratings on Monday revised Indias credit outlook to negative from stable, blaming rising risks to its growth potential and limited progress on fiscal consolidation adding to macroeconomic woes. The action follows that of Standard and Poors (S&P), which lowered the countrys sovereign credit outlook to negative in April.
http://www.livemint.com/2012/06/18164445/Fitch-cuts-India8217s-credi.html


India could be cut to junk, S&P warns


Indian rupee tumbles to new low against U.S. dollar

http://www.cbc.ca/news/business/story/2012/06/11/india-s-and-p-bric-credit.html
Ratings agency Standard & Poor's Monday said India could become the first emerging economy powerhouse to lose its investment grade credit rating.




CNN 21.06.2012



What happened to you forecasts of gloom and doom last September and October. " Sell US dollar " buy gold, US is history. You ran several threads.

You are my financial adviser I do the opposite of your forecasts and will make lots of money [hilar][hilar][hilar][hilar]

You and [MENTION=13572]modern fakir[/MENTION] are cut from the same cloth[hilar][hilar][hilar]
 

QADIANITRUTH

Senator (1k+ posts)
Probably he learnt to count only upto 10.

Hunnnn...

what is per capita income?
India 1.2 Billion Vs China 1.5 bn, Indian GDP is 1.6 tr Vs China 7.2 tr.
Wolds largest poor population ( less than $ a day lives in India, more than Africa), 700 mill have no toilets, 40-45 % no electricity.... SHINING INDIA. You need to be humble than braging about few people getting richer by the day.

If you come to Pak, the ifrastructure is far better than India. Despite all media bashing, Pakistanis life style is still far better than Indians... I have seen my collagues from India visiting us in Pak and get shocked to see things much better than what is portrayed in media.
This is all due to huge population, and wealth concentrating in less 1 % of population.

INDIA / PAKISTAN, both have a long way to go. For India, things are heading in the right direction but with rampant corruption ( which is not less than Pak) and dirty politicians, its gonna be some times before you start to see real changes.
 

indian786

Banned
m_id_70099_pranab_mukherjee.jpg



Jun 19 2012. 12:16 AM IST


New Delhi: Fitch Ratings on Monday revised Indias credit outlook to negative from stable, blaming rising risks to its growth potential and limited progress on fiscal consolidation adding to macroeconomic woes. The action follows that of Standard and Poors (S&P), which lowered the countrys sovereign credit outlook to negative in April.
http://www.livemint.com/2012/06/18164445/Fitch-cuts-India8217s-credi.html


India could be cut to junk, S&P warns

















Indian rupee tumbles to new low against U.S. dollar

http://www.cbc.ca/news/business/story/2012/06/11/india-s-and-p-bric-credit.html
Ratings agency Standard & Poor's Monday said India could become the first emerging economy powerhouse to lose its investment grade credit rating.




CNN 21.06.2012




still better than failed nation pakistan.
 

PkRevolution

Chief Minister (5k+ posts)
Hunnnn...

what is per capita income?
India 1.2 Billion Vs China 1.5 bn, Indian GDP is 1.6 tr Vs China 7.2 tr.
Wolds largest poor population ( less than $ a day lives in India, more than Africa), 700 mill have no toilets, 40-45 % no electricity.... SHINING INDIA. You need to be humble than braging about few people getting richer by the day.

If you come to Pak, the ifrastructure is far better than India. Despite all media bashing, Pakistanis life style is still far better than Indians... I have seen my collagues from India visiting us in Pak and get shocked to see things much better than what is portrayed in media.
This is all due to huge population, and wealth concentrating in less 1 % of population.

INDIA / PAKISTAN, both have a long way to go. For India, things are heading in the right direction but with rampant corruption ( which is not less than Pak) and dirty politicians, its gonna be some times before you start to see real changes.


Totally agreed.
 

Imranpak

Chief Minister (5k+ posts)
On the ground facts tell us much more of a country then growth rates. Bharat, with 500 million on the streets is one of the poorest countries in the world, period. I do however acknowledge that a few Bharatis have accumulated much individual wealth.