Indian Economy: News and Discussion

[fyodor]

Amul has gone full nigga on their competitors.

They've recently entered the butter biscuit market (total biscuit sector is valued at rs 15,000 crores in India) and immediately started challenging Britannia, ITC, Parle for a share of that sweet 15k crore pie, with some aggressive marketing. Expect ITC and Britannia stocks to be down minimum -20% from wherever they are presently. Amul is going to eat their market share like a biscuit.

Earlier em niggas had attacked Kwality Walls over cream content in ice-cream, now that company is down in the dumps.


https://www.businesstoday.in/top-st...itannia-itc-foods-and-parle/story/368157.html

Good to see that people in India being aware of the harmful effects of Vegetable Oils. We should generally avoid using VO like Saffola. Even Patanajali has came out with Vegetable Oils which are very harmful for body.
Better to use oils like Coconut, Mustard, Ghee, Olive etc.
Vegetable oils contains high quantity of Omega-6 compounds. In body, generally Omega-3 & Omega-6 should be in 1:1 ratio. High Omega-6 in processed food like Vegetable oils completely offset the balance and can cause issues like cancer. VO is made up of Polyunsaturaed compounds and due the bond structure(double/triple) they break down inside the body and form free radicals. These free radicals travel in your body and damage healthy cell structures which gives rise to diseases like Cancer & other ailments.

Remember that all oils like sunflower, canola, soy etc are Vegetable oils. They are made up by an artificial process wherein the seed of these substances are put under extremely high pressure and the oil extracted. There is no vegetable inside it.

 

[Haldiram]

Good to see that people in India being aware of the harmful effects of Vegetable Oils. We should generally avoid using VO like Saffola. Even Patanajali has came out with Vegetable Oils which are very harmful for body.
Better to use oils like Coconut, Mustard, Ghee, Olive etc.
Vegetable oils contains high quantity of Omega-6 compounds. In body, generally Omega-3 & Omega-6 should be in 1:1 ratio. High Omega-6 in processed food like Vegetable oils completely offset the balance and can cause issues like cancer. VO is made up of Polyunsaturaed compounds and due the bond structure(double/triple) they break down inside the body and form free radicals. These free radicals travel in your body and damage healthy cell structures which gives rise to diseases like Cancer & other ailments.

Remember that all oils like sunflower, canola, soy etc are Vegetable oils. They are made up by an artificial process wherein the seed of these substances are put under extremely high pressure and the oil extracted. There is no vegetable inside it.

Sahi pakde hain. With growing mass awareness among Indians, companies will introduce their high quality products accordingly. This is happening across all products, not just food. Earlier our soaps used to have a very harsh detergent level suitable only for buffaloes. Now they're making softer glycerin soaps.

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If anyone's interested :

Indian law classifies soaps into two categories >> toilet soap and bath soap. The former being inferior quality with less fats. Still most of the brands are advertising toilet soap as bathing soap. The brand actually has to declare the fatty content to the gormint to be branded as toilet soap or bathing soap (high fat). Most of these slick ads are selling us what legally qualifies as toilet soap, in the name of bathing soap. They are required to declare their TFM content on the soap packaging.

I'm pretty sure brand ambassador Aishwarya doesn't wipe her butthole with the soap she advertises.

If niggas are alarmed, no, I haven't been following skincare tutorials on Youtube. I know this only from attending the investor AGM of FMCG companies.

Apparently Cinthol and Mysore sandal are the better ones among normal bathing soaps. The ones not mentioned here are Dove, Nivea and Pears. They are the highest quality (classified as a 'bathing bar'). These are not required to declare their TFM. They have minimum 25% moisturizer in them.

The migration from a lower income economy to a middle income economy will lead to a migration of consumers to higher quality products, even within the daily necessity segment. The TFM may be directly proportional to future performance of your FMCG stock, if you know what I'm sayin. For decades, people didn't look beyond Colgate so their stock zoomed. Now, people are looking at "sensitivity toothpaste" so now GSK is zooming.

Wokay, now the debate about Urea may be continued.

 

[ezsasa]

@Haldiram what came first?

Modi declaring target of 5 trillion $ GDP.

Or

Opeds in media on economy troubles.

 

[tarunraju]

India can swing the Malaysian FATF vote against Pakistan by simply threatening to impose import tariffs on palm oil that make it costlier than sunflower oil.

 

[IndianHawk]

India can swing the Malaysian FATF vote against Pakistan by simply threatening to impose import tariffs on palm oil that make it costlier than sunflower oil.

Today a Malaysian minister was talking about giving zakir pig back to India.

Malaysia is becoming another umma chumma mulk it needs to be shown its place in the packing order .

Sent from my C103 using Tapatalk

 

[sorcerer]

63% banks report decline in NPA in infra sector in six months
The ninth Ficci-IBA survey in their report said the proportion of respondent banks citing a reduction in NPAs stood at 52 per cent as against 43 per cent in the previous round. About 55 per cent of reporting public sector banks (PSBs) have cited a reduction in NPA levels.


About 63 per cent of banks have reported a decline in NPA in the infrastructure sector during the last six months. Likewise, 57 per cent of banks surveyed said engineering goods has seen a reduction in NPA levels.

 

[sorcerer]

India To Outperform Emerging Market Peers, Says EPFR’s Cameron Brandt

Read more at: https://www.bloombergquint.com/mark...erging-market-peers-says-epfrs-cameron-brandt
Copyright © BloombergQuint

 

[sorcerer]

India beats China in fintech deals for the first time ever

Mumbai: The number of fintech deals in Indian start-ups surpassed those in China for the previous quarter, despite a slowdown in lending in India, according to a report. India saw 23 fintech deals during the second quarter of 2019, compared to 15 investments in China during the same period, according to The Global Fintech report from CB Insights, a global intelligence platform.

https://www.livemint.com/companies/...ls-for-the-first-time-ever-1565836175002.html

 

[HariPrasad-1]

It was very happy to hear from the speech of our Prime Minister regarding vertical reservation witch I have been advocating for quite some time now. People must Understand that the Only way to save farming sector is to go for organic farming only by dropping chemical fertilizers which spoils your soil.

 

[captscooby81]

Interview from Maruti Chairman .

Quick points . There is demand in the market but just that customers are pushed out from purchasing car by various factors like Increase in Road tax, Insurance of 3 years rule as usual sharia court , and BS4 vs BS6 half baked knowledge and interest rate factor and the auto finance from banking and NBFC ..

The core of slowdown is in the NBFC and Banking crisis .

Also for people who want some knowledge on Hybrid cars not on EV they can listen to this interview

 

[Prashant12]

Forex reserves at new life-time high of $430.57 billion

India’s foreign exchange reserves surged by USD 1.620 billion to USD 430.572 billion in the week to August 9 on rise in foreign currency assets, according to the latest RBI data released on Friday. In the previous reporting week ended on August 2, the reserves had declined by USD 697.2 million to USD 428.952 billion.

In the reporting week, foreign currency assets, a major component of the overall reserves, increased by USD 15.2 million to USD 398.739 billion, the apex bank said on Friday. Expressed in dollar terms, foreign currency assets include the effect of appreciation/depreciation of non-US units like the euro, pound and yen held in the reserves.

The country’s gold reserves surged by USD 1.591 billion to USD 26.754 billion, according to data. Special drawing rights with the International Monetary Fund were up by USD 6.7 million to USD 1.441 billion. The country’s reserve position with the fund rose by USD 7 million to USD 3.636 billion.

https://www.thehindubusinessline.co...ime-high-of-43057-billion/article29111551.ece

 

[HariPrasad-1]

It was very happy to hear from the speech of our Prime Minister regarding vertical reservation witch I have been advocating for quite some time now. People must Understand that the Only way to save farming sector is to go for organic farming only by dropping chemical fertilizers which spoils your soil.

Please water conservation and organic farming in above post.

 

[sorcerer]

Aadhaar-enabled transactions cross 200-million milestone on NPCI platform during July
The umbrella body for digital transactions, Aadhaar enabled Payment System (AePS) crossed 200 million exchanges during July this year, according to NPCI.

AePS is a bank driven model which permits fundamental interoperable financial transactions at point of sales (PoS or MicroATM) through the business correspondent of any bank by utilizing Aadhaar authentication.

 

[LETHALFORCE]

https://www.livemint.com/news/india...ns-to-build-battery-plants-1566150165528.html

Tesla shows interest in India’s plans to build battery plants

 

[Haldiram]

Indian stock market expressed in dollar currency.

If an American fund had invested 100$ in Sensex in 2007, and remained invested for 12 years, his value today would be..100$.

It had crashed 10 years ago and never really recovered from the 2007 highs. The 90% appreciation in the Index from 2008 (19k sensex) to 2018 (39k sensex) was only a reflection of rupee devaluation from 39 to 75 (which is around 90%).

We have been in a decade long bear phase in real value terms.

 

[Hiranyaksha]

Indian stock market expressed in dollar currency.

View attachment 37719


If an American fund had invested 100$ in Sensex in 2007, and remained invested for 12 years, his value today would be..100$.

It had crashed 10 years ago and never really recovered from the 2007 highs. The 90% appreciation in the Index from 2008 (19k sensex) to 2018 (39k sensex) was only a reflection of rupee devaluation from 39 to 75 (which is around 90%).

We have been in a decade long bear phase in real value terms.

Very truly spoken. Which is the reason now I am looking to move investments in EU or US markets.

 

[Craigs]

Indian stock market expressed in dollar currency.

View attachment 37719


If an American fund had invested 100$ in Sensex in 2007, and remained invested for 12 years, his value today would be..100$.

It had crashed 10 years ago and never really recovered from the 2007 highs. The 90% appreciation in the Index from 2008 (19k sensex) to 2018 (39k sensex) was only a reflection of rupee devaluation from 39 to 75 (which is around 90%).

We have been in a decade long bear phase in real value terms.

**Yawn** What if he had invested in late 2008 or 2009?

 

[Haldiram]

Event : Britannia is issuing "bonus debentures" to existing stock holders.

This be different from bonus shares. It's like distributing free FDs to stock holders.

Britannia Industries is issuing one debenture of ₹60 each for every equity share of face value ₹2 for a tenure of three years, at an interest rate not exceeding 8 per cent, to be paid annually.

Issuance of bonus debentures is not as common as bonus shares or dividends as they are not expressly provided for in the Companies Act. They are issued under a ‘scheme of arrangement’ which involves approval from shareholders, the Court and the RBI and in some cases, the Ministry of Corporate Affairs.

From the perspective of the company, issue of bonus debentures does not entail immediate cash outgo like dividends. Hence the money retained until the maturity of the instrument can be used to fund new projects or acquisitions. There is no question of equity dilution too unlike in the issue of bonus shares.

Also, interest paid on the debentures can be claimed as an expense by the company for tax purposes, thereby helping reduce its tax incidence. Since the issue of bonus debentures involves transfer of money from the reserves of the company to debt, this move will boost its return on equity. At the same time, this will lead to an increase in the debt to equity ratio. While companies with low debt may benefit from leverage, for high-debt companies, this may not be an ideal route to reward shareholders.

https://www.thehindubusinessline.co...-you-wanted-to-know-about/article24681029.ece

 

[Haldiram]

The joy's of being an investor! Britannia has responded to Amul's advert war with an advert of its own.

Varun Berry of Britannia is a veteran ex-Pepsi employee, he knows a thing or two about responding to hostile ad campaigns.

 

[HariPrasad-1]

The joy's of being an investor! Britannia has responded to Amul's advert war with an advert of its own.

Varun Berry of Britannia is a veteran ex-Pepsi employee, he knows a thing or two about responding to hostile ad campaigns.

What does baba Ramdev do? He writes 0% Cholesterol on all of his products.