"I" in BRIC might stand for Indonesia, not India
- Thread starter lamlap
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India's is slowly becoming a LAWLESS country. India's democracy Anyone can do anything against law, no questions asked. they can illegally occupy spaces meant for public, They can throw rubblish on the ground, they can park their vehicles anywhere they like, they can jump at traffic stop signals, and many more anti social things they commit but no questions asked.
India is such a free country to commit anti social. NO QUESTIONS ASKED.
kingkobra
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welcome to 2012..kindly search for new inflation rates in India..
wake up
Food inflation was over 21 per cent in the same period last year.
Food inflation has turned negative on the favourable impact of elevated "base effect".
CZAR
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How does a silly acronym matter? It's not like Indian economy or its clout was enhanced vastly after the coining of the term, nor is india likely to suffer if it is "replaced". If Goldman Sachs and other foreign investors think that they can ignore a USD 1.7 trillion economy that grows at a pace second only to China - hell, its their problem. Besides, ironically, their frustration appears to stem from the very inability to participate in India's growth (read FDI in retail and walmart fiasco). I cannot help but laugh at the bankruptcy of ideas and the free time that some of these arm-chair analysts appear have, to be be toying with letters as an investment theme.
Pls wake up, your country is high debt, high trade deficit & high inflation, out of control soon
India's Debt Up, Next Greece?
Debt % of Total GDP
Portugal = 92%
-------------------
India = 82%
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France = 67%
Spain = 60%
UK = 47%
China = 16%
South Asia Investor Review: India's Debt Up, Forex Reserves Down
http://img4.bbs.**********/uploadfiles/images/2012/02/28/0228103208853.JPG
Chinese-Dragon
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you hve too much ego.....which makes u stupid......
It was Fareed Zakira who said that "I" should stand for Indonesia, and he is an Indian who works at CNN.
ashokdeiva
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Congrats to INDONESIA.
We don't have to fight over some ZAKARIA. we infact wish any country a prosperous growth. we dont have to fight for this horse race.
We don't have to fight over some ZAKARIA. we infact wish any country a prosperous growth. we dont have to fight for this horse race.
hawx
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lol look at these frustrated 50 cent trolls,India is developing and will continue to do so in future no one can change that,we were nothing in 1990 but look where we stand today wait for 2020 and we will be among the top ranking countries of the world.
CZAR
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And you need to wake up to facts.
India's Debt to GDP is 82%?!? Really, how about you substantiate that claim?? I would love to see some sane economist or publication endorsing your corrupt view.
Secondly, India's debt is in the vicinity of 65% of GDP. However, one needs to appreciate the fine print. India is hedged against risks posed by a potential debt crisis - simply because a large chunk of the debt is rupee denominated and owed to Public Sector Banks, where the govt has a majority stake. In practice, what is means is that the govt owes money to no one else, but itself. It can tweak the terms of debt, via the Public Sector Banks - which in turns allows the indian finance minister considerable space in terms of repayment and servicing of debt. Kapish??
Thirdly, Mr. Riaz Haq (SouthAsiaInvestor.blogspot) has wasted the last few years trying to assuage hurt pak pride by dismissing India in every sphere. He engages in bigotry, to shame people with dissenting voices, who he likes to call "bigots". The point is - Mr. Haq's knack for rhetorical rants doesn't make him an authority on the subject of economics, trade and debt management. Next time, try to quote someone not suffering from a myopic view, and someone who knows what he/she is talking about.
sss112
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you hve too much ego.....which makes u stupid......
Ego without intellect just amplifies their stupidity, doesn't it?
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