Jump to content

Recommended Posts

Posted
If things go wrong --> Modi's fault If things go right --> Modi unnecessarily claiming credit
He loves being the pantomime villain........and frankly I enjoy his posts......even though I don't necessarily agree with his political views.......
Posted
S&P's 'Stable' Outlook for India Spells Better Times Ahead: Analysts
Welcoming Standard and Poor's (S&P) move to revise India's outlook to 'stable' from 'negative', market experts have said the country is entering into faster than expected growth mode. Commenting on the outlook revision, SBI chairperson Arundhati Bhattacharya said, "We believe that the country is well on a path of faster than anticipated fiscal consolidation and it could be a positive surprise going forward." (Read: S&P upgrades India's credit outlook to 'stable') Nomura said that a stable government and "proactive policy measures to strengthen the country's macroeconomic fundamentals should help put the economy back on a high growth trajectory". The Japanese brokerage expects India's real GDP growth to rise from 4.7 per cent in FY14 to 6 per cent year-on-year in FY15, and 6.8 per cent in FY16. The change in outlook is a "pleasant surprise", but for actual rating to change economic variables have to improve and at a faster pace, Care Ratings chief economist Madan Sabnavis said. S&P also affirmed India's long-term credit rating at 'BBB-' and short-term at 'A-3'. It said the outlook revision reflects that the country's improved political setting offers a conducive environment for reforms, which could boost growth prospects and improve fiscal management. "The ratings reflect the country's strong external profile, combined with its democratic institutions and free press, both of which underpin policy stability and predictability," the global rating agency said. S&P further said it could raise the rating if the economy reverted to a real per capita GDP trend growth of 5.5 per cent per year and fiscal, external, or inflation metrics improve. "With the rating institution indicating a revision in rating conditional on a growth uptick and our internal prognosis suggesting a strong possibility of the same, we look forward to even better times ahead," Ms Bhattacharya added.
Posted

Actually Khangressis just cannot digest the fact that Modi was able to pull in crowds by the thousands that lined up for a mile and paid to hear him....... that too in a foreign country. While when their beloved Rahul Baba speaks in Delhi even core Khangressi supporters start fleeing the venue at Jupiter's escape velocity. :cantstop:

Posted
Yeah. Still there would be claims "mere gujrat mein kabhi dange nahin hue"
May be it also proves how good an administrator he was? Its not even 6 months that he had vaccated the seat and loonies who were in control for 10 years have started raising their heads again.
Posted
May be it also proves how good an administrator he was? Its not even 6 months that he had vaccated the seat and loonies who were in control for 10 years have started raising their heads again.
200 people have already been arrested but let their circle jerk continue
Posted

It would only be fair to judge this government after 3 years time. Implementing and reaping benefits of countrywide projects takes years. 100 day report card was too short to rate a newly established government. Having said that, the results are more important than the talks and hopes.

×
×
  • Create New...