Indian Economy: News and Discussion

[new salem]

Look at the bright side. We are heading in the right direction. We wrecked the country for nearly 80 years after independence. Building always takes a lot longer than wrecking.

The semiconductor will help massively though all more textiles are needed we sell cotton to the cockroaches so they can make low quality underwear should just start making the cloths here and them sell them through a cockroach fake company just swallow the profits.
Textile is one are modi has really failed in

 

[new salem]

Govt to give focused attention to promote India's textiles exports: Textiles secretary - ET Retail

Textiles Secretary: The cumulative exports of textiles and apparel from India during April 2023-March 2024 registered a de-growth of 3.24 per cent at USD 34.4 billion, as compared to USD 35.5 billion in April 2022-March 2023.

www.google.com

@FalconSlayers disgraceful

 

[MuffleParch]

Our option is between a 5/10 and -50/10
India has a multiparty sytem but we can only produce lesser assholes. Kejriwal the lying asshole got free should have been executed for war crimes.
Modi is okay but even he has folded from farmer protests weak literally the same as Pakistan currently giving everything free to fake kashmiris. We should at least become better than them

If your priorities are not to elect a government that is anti-India and anti-Hindu, then you have no option but Modi at this time. Sad but reality.

As far as Modi repealing the farm reform laws, I too was disappointed. But there is lot more behind the scene than what we ordinaries get to see. There is no doubt the anti-India elements and foreign powers were supporting the protests. Modi saw something that we don't get to see.

But seriously we got to ask ourselves why is it that everything is Modi's responsibilities. When the farmers were wreaking havoc in the capital, what did the citizens do to support Modi? Nothing. They just watched Modi accept defeat. Where was the media? Where were intellectuals who always cry reforms. Indian citizens derelicted their duties. Nation building is the responsibility of all citizens, not just Modi.

 

[Crazywithmath]

Govt to give focused attention to promote India's textiles exports: Textiles secretary - ET Retail

Textiles Secretary: The cumulative exports of textiles and apparel from India during April 2023-March 2024 registered a de-growth of 3.24 per cent at USD 34.4 billion, as compared to USD 35.5 billion in April 2022-March 2023.

www.google.com

@FalconSlayers disgraceful

Price fluctuations.

 

[no smoking]

you got a glass house Lil pink. Take convo to your China economy thread.

......

In the 15 years since, China’s debt-to-GDP ratio has doubled to a whopping 280%, opens new tab, with the bulk of liabilities held by local government financial vehicles (LGFVs).

You do notice that the figure of Japan (217%) is central government's debt alone and the figure of China is the total debt including every level of governments, companies and household, right?

 

[new salem]

India Russia ties: India looking for additional sites for Russian nuclear reactors: S Jaishankar - The Economic Times

India is exploring additional sites for Russian nuclear reactors while engaging in discussions with France regarding the proposed Jaitapur nuclear power plant project, External Affairs Minister S Jaishankar revealed on Monday. He highlighted the complexities surrounding the Civil Liability for...

m.economictimes.com

The fk is jaishankar doing we have our own designs now why do we need Russian stuff

 

[new salem]

Price fluctuations

No the export quantity hasn't increased much also we export cotton dm move

 

[NutCracker]

You do notice that the figure of Japan (217%) is central government's debt alone and the figure of China is the total debt including every level of governments, companies and household, right?

Japanese provincial govts are not as independent and corrupt as Chinese, so they are still behind in terms of total debt.

 

[no smoking]

What is Japan's assets to liabilities ratio and net international investment position as percentage of GDP?
Last I checked Japan is the world's largest creditor.
......

These figures could be a good thing for other countries, but not Japan.
That tells us a terrible story: Japanese government has been borrowing money from her citizens' future to stimulate the economy. She lend these money to those big companies hoping they will invest within Japan to increase employee salaries, R&D, etc. Instead, these companies invest them overseas. As the result, only a group of shareholders are benefited from these investments instead of the whole country. That is why Japan lost 30 years and also lost her leadership in technics.

 

[FalconSlayers]

And is now sold to foreign funds. Am I thinking too much or our liberal FDI policies are leading to sale of all our successful startups to foreign owners.

Sab bech do videshiyo ko

It's crunch time: Blackstone teams up with ADIA, GIC for Haldiram Snacks bid

A non-binding offer has been submitted to buy up to 76% of co at $8.5 bn valuation; 87-year old Haldiram with roots in Bikaner, Rajasthan is Indias largest snack and convenience foods company. Delhi and Nagpur factions of the Agarwal family are merging their snacks and packaged foods business...

economictimes.indiatimes.com

 

[thebakofbakchod]

Sab bech do videshiyo ko

It's crunch time: Blackstone teams up with ADIA, GIC for Haldiram Snacks bid

A non-binding offer has been submitted to buy up to 76% of co at $8.5 bn valuation; 87-year old Haldiram with roots in Bikaner, Rajasthan is Indias largest snack and convenience foods company. Delhi and Nagpur factions of the Agarwal family are merging their snacks and packaged foods business...

economictimes.indiatimes.com

Ah great move. keep selling all your companies to foreigners. Actually it is not their fault. The real fault goes to scum indian banks (both private and PSU) along with the finance ministry for not doing anything to scale up cheap credit supply for industrialists outside of their cronies.

 

[FalconSlayers]

RTA-90 still on renders

 

[indiatester]

Ah great move. keep selling all your companies to foreigners. Actually it is not their fault. The real fault goes to scum indian banks (both private and PSU) along with the finance ministry for not doing anything to scale up cheap credit supply for industrialists outside of their cronies.

Its just bhujia and sev.
Its not like pharma API's or high end IC's.

 

[ezsasa]

Sab bech do videshiyo ko

It's crunch time: Blackstone teams up with ADIA, GIC for Haldiram Snacks bid

A non-binding offer has been submitted to buy up to 76% of co at $8.5 bn valuation; 87-year old Haldiram with roots in Bikaner, Rajasthan is Indias largest snack and convenience foods company. Delhi and Nagpur factions of the Agarwal family are merging their snacks and packaged foods business...

economictimes.indiatimes.com

How Private Equity Consumed America

 

[shade]

The semiconductor will help massively though all more textiles are needed we sell cotton to the cockroaches so they can make low quality underwear should just start making the cloths here and them sell them through a cockroach fake company just swallow the profits.
Textile is one are modi has really failed in

Our textile sector is doing ok.
It is our cloth and synthetics that those kanglus import in order to make their choddi and boniyan.
The reason we are not a choddi-boniyon-shoes superpower inspite of it's labour intensivity is the labour laws and unions filled with Lol Solaam cumrades.

In previous page you were complaining about Mudi folding over "Farmer" protests, it's the same problem with reforming Labour Laws, Dilli will be once again seiged by "workers", possibly of the same Turbanned sort.

 

[new salem]

Our textile sector is doing ok.
It is our cloth and synthetics that those kanglus import in order to make their choddi and boniyan.
The reason we are not a choddi-boniyon-shoes superpower inspite of it's labour intensivity is the labour laws and unions filled with Lol Solaam cumrades.

In previous page you were complaining about Mudi folding over "Farmer" protests, it's the same problem with reforming Labour Laws, Dilli will be once again seiged by "workers", possibly of the same Turbanned sort.

You can't give in to these terroists.
I know it's hard but still.

 

[Haldilal]

Ya'll Nibbiars

https://www.moneycontrol.com/news/trends/cred-cashback-gurgaon-man-says-he-got-re-1-after-paying-credit-card-bill-of-rs-87000-12721184.html

 

[FalconSlayers]

Indian businesses are just rent seekers who want government to protect and spoon-feed them every time instead of aggressively expanding and grabbing market share around the world chalenging competitors. After blaming the chongs for overcapacity, incentives and all, what excuse do they have for Vietnam?

 

[NutCracker]

Indian businesses are just rent seekers who want government to protect and spoon-feed them every time instead of aggressively expanding and grabbing market share around the world chalenging competitors. After blaming the chongs for overcapacity, incentives and all, what excuse do they have for Vietnam?

Vietnamese themselves are not minting money by doing that , their own market is flooded with cheaper Chinese steel so they have to dump own production to other countries.


Vietnam's steel industry relies heavily on exports, with nearly half of its production being shipped abroad, Ranjan Dhar,[director and vice president, sales & marketing, ArcelorMittal Nippon Steel (AM/NS) India] said, adding that this is partly because China exports a lot of cheap steel to Vietnam, flooding the local market there and putting pressure on their domestic players to seek alternative global markets.

Why Vietnamese steel makes Indian industry uneasy

Last week, the Bureau of Indian Standards issued a licence to Vietnamese steel manufacturer and exporter Formosa Ha Tinh

www.livemint.com

 

[shade]

Indian businesses are just rent seekers who want government to protect and spoon-feed them every time instead of aggressively expanding and grabbing market share around the world chalenging competitors. After blaming the chongs for overcapacity, incentives and all, what excuse do they have for Vietnam?

It's not Vietnamese steel for all you know
You are correct about our Sheths and Lalajis only wanting to engage in rent-seeking behavior and not take risks to expand their dhandho