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LandGrabbingIndia
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Comments by "LandGrabbingIndia" (@LandGrabbingIndia) on "Apple CEO Stresses Commitment to Chinese Market" video.
What about India? Bear in mind that it was Narendra Modi, touted as the "most popular leader/Prime Minister of the World" by Indians (India), that proclaimed to the entire world that: "The 21st century belongs to India" "India has become a space superpower" “India is today the fastest growing major economy in the world" "India is the voice/leader of the global south" "India a Vishwaguru (global teacher of the entire world)" Indian medias saying "India global tech leader of the world". I laugh at the title of this video. 😆🤣😂😁🤭😏
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With the recent scandals from Indian billionaire, Gaumutra Adani, who was caught defrauding USA's investors and accepting/giving bribes to secure favorable contracts/projects unscrupulously, one can't help but wonder whether if it is really safe to invest in India or Indian companies.😅Currently, the credit ratings of India from "The Big 3 Credit Rating Agencies" stands at...... Moody's credit rating: India: Baa3 Standard & Poor's credit rating: India: BBB- Fitch Ratings credit rating: India: BBB- BBB- or Baa3 status = lowest grade rating for investment, just 1 or 2 levels above junk status. 😆😅🤣😂 People need to read up these embarrassing news headlines: 1) Moody’s retains India’s BAA3 rating despite government’s pitch for upgrade (India Today) 2) S&P Global Ratings on July 13 affirmed India’s sovereign rating at the lowest investment grade of ‘BBB-’ for the 14th year in a row (TheHindu) 3) Fitch retains India's rating at 'BBB-' as growth potential fights high deficit concerns (The Economic Times) Should the credit ratings of India be further downgraded? 📉🤭
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