No economic crisis for India?

[sandeepvarma323]

our banking system is the best in the world

[SuperUncleruckus]

please for the love of god take Euro-Merican companies out! They use 3rd world resources and export them back at 3x the price! not like India is 3rd world, more like 2nd.

[rw5791]

crony capitalism and multinationals must be attacked.It is time for a nazi revival to save the white race.

[Muralidharan001]

@rw5791 muslims virus injected in Europe successfully.I think Mexicans are better than them

[htgajjar]

Keep Criminal Western Banks and Financial institutions out of India for good of India.

[Siddhantkarki1990]

its about india and you people have started fighting

[kkklownknight6699]

India still runs trade deficits though.

It doesn't export enough and they won't experience sustainable long term growth until they fix that issue.

[amitkriit]

Indian economic model is quite different compared to China, we are not a foreign trade-driven economy. India is more of "self-sustaining" kind.

[twistedwest1]

@amitkriit india will suffer when the euro and dollar collapse but it will survive

[RussianDefender100]

LOL, Australia can't even fuck its

kangaroos and are breeding rapidly out of proportion.

Stupid worthless fool

Australia is shit without trade from

United Shits and China

[slayeroflemmings]

I love how they play with the math. "6.2% growth beyond the reach of many Western countries?" Yeah but 1% growth in the West equates to many times what India can muster at its best.

[amitkriit]

U are right, same can be said about 1% contraction.

[movieguy7589]

u couldn't be more wrong....these are actual growth rates of the overall economy...which right now stands at 1.2 trilliondollars(nominal) in 2008 and project that by the growth rate for 2009...their economy is actually catching to most of the countries in europe...in puchasing power parity its even higher at 3.2 trillion

[dan020350]

I wonder what they reporting about India about skyrocket suicide was misinform ? OR maybe that is not related to economics ?

[KramerLeo]

The moral of the story is, never give money to idiots.

[valkyrieQueensrf50lb]

Latvia so cheap they need imf to feed themselves lol. :)

[XLMaGNuMz]

lol

[Speaksforthetrees]

Indian s have a shop and every corner and middle of ever street of every city in the world , but at the end of the day India is net oil importer , so the growth is limited ,the faster it grows the faster economic s destroys it , the system is insane .

RBS HBOS OMFG in India sets alarm bells ringing ! Same banks , same banker s cheaper workers .

I guess russia just pleased to find some support for oil prices.

[ForTehNguyen]

india has savings, not much debt, and has production

[guruapa]

but they have a lot of corruption though

[dudhala21]

True. Economist say that if India can stamp out corruption and make its road infanstructure better, it can gain about 2% more growth. so it can grow at 12% same as China. Right now its 6% for India and 7% for China.

[Squirelbutt]

Good , maybe the tech support jobs will come back.

[merxen]

Imagine that...