Business trip to India pics
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American is a huge country too.... we are not talking about agriculture. Im talking abt the poor.Originally posted by Oh Maria:It is a huge country. And did u know their agriculture economy needs those rural areas to produce a substantial income?
It depends on a lot of factors. The rich- poor gap is of no concern to the capitalists. It is more of a social problem than an economic one.
I dont know but a healthy 8-10 % growth every year on economy is no slouch.
Anyway... India economy risen for an all time high of 7percent. not 8 or 10 as u mention. its combined state and federal budget deficit, running at approximately 9% of GDP. tats very high.... and u say their economy is stable? because of this... indian government kept borrowing money with high interests....
its growth has risen....but stable?....
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Try to talk facts realting to $$ to a busineeman and not just sprout nonsense in the social context.
If they have their poor tagged at 75 %. It is not an economic problem, try to understand that first. It is more in a social context. In fact the remaining 35 % is what matters and they achieving a healthy 8-10 % growth per year does show something really good.- That India can survive on a 35 % economy contributing population achieving a healthy 8-10 % growth per year(?)
And when u try to downplay them with a 75 % poor consensus, this is the above u will get from their mouths. -
clones only have one ending ----->DIE!!
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soon soonOriginally posted by monoslayer:clones only have one ending ----->DIE!!
ef ai ban him once in a while
haha -
Btw there is no real verified consensus of a 75 % poor. Probably u read off some biased western tabloids who have been known to get wrong facts.
Most news on social consensus are not 100 % accurate. -
Originally posted by Oh Maria:
excuse me. before u start your economics things and sprout ur nonsence as well... let me ask u.... since u know much abt economics....
Try to talk facts realting to $$ to a busineeman and not just sprout nonsense in the social context.
If they have their poor tagged at 75 %. It is not an economic problem, try to understand that first. It is more in a social context. In fact the remaining 35 % is what matters and they achieving a healthy 8-10 % growth per year [b]does show something really good.- That India can survive on a 35 % economy contributing population achieving a healthy 8-10 % growth per year(?)
And when u try to downplay them with a 75 % poor consensus, this is the above u will get from their mouths.
[/b]
if the government cant get poverty out of india, how the fark do they wan to attract investors?....
even if they attract...how will the government implent incentives to the investors locally? u expect the companies to set up office in india but market their products elsewhere as ppl are too poor in india??? -
when did i say its 75percent?? u putting words in my mouth now??Originally posted by Oh Maria:Btw there is no real verified consensus of a 75 % poor. Probably u read off some biased western tabloids who have been known to get wrong facts.
Most news on social consensus are not 100 % accurate. -
mhcampboy is on fire!
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Poverty is not the same everywhere. If u talkign about poverty in 3rd world nations, it is a different thing. ecause they do not have an economic infrastructure to begin with. But India is not the same as those countries.Originally posted by mhcampboy:excuse me. before u start your economics things and sprout ur nonsence as well... let me ask u.... since u know much abt economics....
if the government cant get poverty out of india, how the fark do they wan to attract investors?....
even if they attract...how will the government implent incentives to the investors locally? u expect the companies to set up office in india but market their products elsewhere as ppl are too poor in india???
And Furthermore, FDI keep pouring into India the last 5 years and where did yr theory of the poor hampering their investor attractiveness go to?
Bill Gates did not see that as a factor when he Opened his MS base in India. Did he?
Dont mix economy with socio context ideas, please. -
India witnessed a 13.2% increase in foreign direct investment (FDI) in 2005, to $6 billion and has been the highest beneficiary among the five largest Asian FDI beneficiaries.
However, considering the significant increase in FDI to Czech Republic and Republic of Turkey, India failed to make it in the list of the 10 largest beneficiaries of emerging market receipients of FDI in 2005, which it did in 2004. As per a report released by Standard and Poor's (S&P), Asia continued to recieve the highest FDI inflows in 2005, as it has for the last six years. It accounted for 44.7% of the total FDI inflows amounting to $161.5 billion. S&P believes that the Asian high yield corporate sector would witness another strong year in 2006, as defaults stay low and economic conditions remain relatively strong. However, it expects the credit volatility to gradually emerge over the medium term as interest rates rise and the quality of issuances deteriorates -
Where can economics go without sociology!??? economics need sociology to go forth!!!!Originally posted by Oh Maria:Poverty is not the same everywhere. If u talkign about poverty in 3rd world nations, it is a different thing. ecause they do not have an economic infrastructure to begin with. But India is not the same as those countries.
And Furthermore, FDI keep pouring into India the last 5 years and where did yr theory of the poor hampering their investor attractiveness go to?
Bill Gates did not see that as a factor when he Opened his MS base in India. Did he?
Dont mix economy with socio context ideas, please.
yes i agree bill gates set up his india office!!.... but take note.... BG is selling products online to the masses!!...india is a cheap country to set up an office. but never profitable in selling goods!!.... only an mnc would set up office there but business dealings elsewhere.... u shld know..since u r into economics!! -
Next time paste the link also...Originally posted by Oh Maria:India witnessed a 13.2% increase in foreign direct investment (FDI) in 2005, to $6 billion and has been the highest beneficiary among the five largest Asian FDI beneficiaries.
However, considering the significant increase in FDI to Czech Republic and Republic of Turkey, India failed to make it in the list of the 10 largest beneficiaries of emerging market receipients of FDI in 2005, which it did in 2004. As per a report released by Standard and Poor's (S&P), Asia continued to recieve the highest FDI inflows in 2005, as it has for the last six years. It accounted for 44.7% of the total FDI inflows amounting to $161.5 billion. S&P believes that the Asian high yield corporate sector would witness another strong year in 2006, as defaults stay low and economic conditions remain relatively strong. However, it expects the credit volatility to gradually emerge over the medium term as interest rates rise and the quality of issuances deteriorates
http://www.indiainbusiness.nic.in/new1-main.htm -
Contradict yr statements do u?Originally posted by mhcampboy:With the corruption involved....hell they better make it healthy!!
oh yar... btw...even after more than 50 years of independence from almost two centuries of British rule, large scale poverty remains the most shameful blot on the face of India.
and india still has the world’s largest number of poor people in a single country. Of its nearly 1 billion inhabitants, an estimated 350-400 million are below the poverty line, 75 per cent of them in the rural areas.
care to explain?
So saying corruption helped them acheive a 7-10% growth ?
An estimate like yours below poverty line helped them acheive a 7-10% growth ?
50 years of independence does not make a difference. it is what they did in the 49th year which achieved their growth. -
That's not true!Originally posted by mhcampboy:Where can economics go without sociology!??? economics need sociology to go forth!!!!
yes i agree bill gates set up his india office!!.... but take note.... BG is selling products online to the masses!!...india is a cheap country to set up an office. but never profitable in selling goods!!.... only an mnc would set up office there but business dealings elsewhere.... u shld know..since u r into economics!!
Technology driven MNC helps India's local infrastructure to grow. Didn't u know India's booming IT and telecomms sector now?
And when growth is achieved in infrastrucutre, U need the infrastructure first in place., then the workforce keep pouring in and eventually will be the purchasing power of that MNC's products. It is all a self leeching model . -
Next time paste the link also...
tio own
http://www.indiainbusiness.nic.in/new1-main.htm -
do u even know wads the meaning of rural?? if rural u meant slum...then i dunno wad to say la...Originally posted by Oh Maria:Contradict yr statements do u?
So saying corruption helped them acheive a 7-10% growth ?
An estimate like yours below poverty line helped them acheive a 7-10% growth ?
50 years of independence does not make a difference. it is what they did in the 49th year which achieved their growth. -
and why is there still poverty going around? if grotwh has been high... y isnt poverty eradicatically out?Originally posted by Oh Maria:That's not true!
Technology driven MNC helps India's local infrastructure to grow. Didn't u know India's booming IT and telecomms sector now?
And when growth is achieved in infrastrucutre, U need the infrastructure first in place., then the workforce keep pouring in and eventually will be the purchasing power of that MNC's products. It is all a self leeching model . -
And now who told uidiots that MNC set up base and sell their products elsewhere only.
I thought i just posted something earlier on India's (PPP)Wilson said India's economy measured in PPP (purchasing power parity) terms will eclipse the $4 trillion mark in 2006, making it equal to or greater than Japan's.
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Yawwnnzz.....too lazy to crack my brains liao. gotta chat at shoutbox with ppl whom are likeable in forums...
oh yar btw.... i got an A for my economics assignment on India. i know what im blabbering abt.
goodluck in keeping urself unusefull in sgforums... -
Hmm, the answer to yr question is right at HOME.Originally posted by mhcampboy:and why is there still poverty going around? if grotwh has been high... y isnt poverty eradicatically out? -
u sure know what u are blabbering? A grade Or are u pulling a fast one?Originally posted by mhcampboy:Yawwnnzz.....too lazy to crack my brains liao. gotta chat at shoutbox with ppl whom are likeable in forums...
oh yar btw.... i got an A for my economics assignment on India. i know what im blabbering abt.
goodluck in keeping urself unusefull in sgforums...
An economics student will jolly well know the line between the economic and socio contexts -
oh my gawd... the one thing i hate is ppl to accuse me any o how!!Originally posted by Oh Maria:u sure know what u are blabbering? A grade Or are u pulling a fast one?
An economics student will jolly well know the line between the economic and socio contexts
so u wan to talk to me abt economics do u...?? fine..lets go!! if u wan...we could always start tomolo when im more serious... im having fun at SB...but u had to say such sarcasity!!
ARE YOU FOR REAL!!!???
all economists know that sociology is a context tat cant be missed out when making predictions!!!!! economiocs and sociology are needed together!!! duhhh!!! -
That is for predictions. And Doing business on predictions does not always count as good. U need real world present facts more often.Originally posted by mhcampboy:oh my gawd... the one thing i hate is ppl to accuse me any o how!!
so u wan to talk to me abt economics do u...?? fine..lets go!! if u wan...we could always start tomolo when im more serious... im having fun at SB...but u had to say such sarcasity!!
ARE YOU FOR REAL!!!???
all economists know that sociology is a context tat cant be missed out when making predictions!!!!! economiocs and sociology are needed together!!! duhhh!!!
And obviously the link between economics and sociology did not apply or worked in India. -
Originally posted by Oh Maria:
u sure doing business doesnt need predictions? come i quote wad u qouted
That is for predictions. And Doing business on predictions does not always count as good. U need real world present facts more often.
[b]And obviously the link between economics and sociology did not apply or worked in India.
[/b]India to be 3rd largest economy in 2006
so what is this guy doing?? fortune telling?
Suman Guha Mozumder in New York | January 25, 2006 12:37 IST
India is expected to become the world's third largest economy this year after the United States and China, a leading economist in the US said on Tuesday.
Dr William T Wilson, chief economist for Keystone India, a Chicago-based firm providing cross-border trade facilitation and asset management services in the US and India, said after significant accelerations in economic growth recently, India's economy is expected to equal or surpass Japan as the world's third largest sometime in 2006.
"The results of liberalising strategic sectors such as telecom, banking, aviation and real estate are now beginning to show," Wilson, a former chief economist for Ernst & Young, said.
Wilson said India's economy measured in PPP (purchasing power parity) terms will eclipse the $4 trillion mark in 2006, making it equal to or greater than Japan's.
Wilson noted that after growing at 8.5 per cent and 6.9 per cent in 2003 and 2004 respectively, India's economy is expected to grow 7.8 per cent in 2005-2006 and then decelerate modestly to seven per cent in 2006-2007.
"Depending upon the direction of energy prices, inflation is expected to run between 5 and 5.5 per cent range in 2006."
Wilson, however, acknowledged that a number of hurdles lie ahead for the Indian economy, including higher energy prices and heavy dependence on petroleum imports. -
the problem is the seregation found in India between the rural world and the developed. they have their own roles to play which contributes to their growth.
An example will place can be very developed by 10 top people only and the rest 90 people working on a lower level who are somehow related to the developing entity or not at all.