| Author | Message | ||
Seeker Junior Artist Username: Seeker Post Number: 182 Registered: 10-2016 Posted From: 66.188.92.138 Rating: N/A |
true annayi..i don't know full details on how bonds get determined with their deserving APR. But paying double than china is ridiculous. Credit rating agencies completely ruining india with their false junk rating to india...forbes also mentions it. we are at position where just to get break even any major infra spending, that project has to be operation for 50 years. more over we are locked for low apr loans from Japan (on condition of buying goods from them for that project)..feels ridiculous annayi. | ||
Uno Junior Artist Username: Uno Post Number: 735 Registered: 03-2016 Posted From: 174.115.80.19 Rating: N/A |
} You may be right about congress But you may not be aware of how bond market works and about credit rating.. Recently Reliance group raised $750m through bonds in international market at 2.6% where as many countries like Pakistan failed to raise loans at 8% Also read IMF crisis here- https://en.wikipedia.org/wiki/1991_Indian_economic_crisis | ||
Seeker Junior Artist Username: Seeker Post Number: 181 Registered: 10-2016 Posted From: 66.188.92.138 Rating: N/A |
Forbes highlights this issue in below link http://www.forbes.com/sites/panosmourdoukoutas/2017/02/05/in dia-doesnt-deserve-to-be-equal-to-china/#774ef26f76b8 } | ||
Seeker Junior Artist Username: Seeker Post Number: 180 Registered: 10-2016 Posted From: 66.188.92.138 Rating: N/A |
Congress Ducked India so bad that India Pays double APR than china. Almost 6.4% APR on 10 Year bond yields where as china pays 3.3%.  While india is always in current account deficits....I read that PV narasimha rao sent a plane full of gold bars to london in 1991 just to borrow 5 billion dollars to fill deficit. Ducking congress.  } |