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  1. afako

    Indian Economy: News and Discussion

    Just to bring to attention that Pfizer is just 16% effective against preventing asymptomatic infection against Delta Variant. It is 90% effective against hospitalization and deaths. This is real world Israeli data. Masking, social distancing will remain the norm.
  2. afako

    Indian Economy: News and Discussion

    Mumbai is considered an absolute safe market for investment. All the well off Gulf NRIs have atleast one investment in Mumbai market. Most South Indian film stars have a second home in Mumbai.
  3. afako

    Indian Economy: News and Discussion

    https://www.cnbc.com/amp/2021/07/19/nike-could-run-out-of-shoes-from-vietnam-as-covid-worsens-sp-global.html?__twitter_impression=true Vietnam is soon going to be consumated by Delta. A company like Nike has 50% of its production in Vietnam and their supply chains have been disrupted. Vietnam...
  4. afako

    Indian Economy: News and Discussion

    The following real world study in Canada shoes that Astrazeneca aka Covisheild held up its own respect vs Mrna vaccines against all Variants. So all Indian viens are getting the world best vaccines in Covisheild and Covaxin which held up comparably to gold standard Mrna vaccines whose real...
  5. afako

    Indian Economy: News and Discussion

    Modi Govt is the first Govt where the PM and most of the major ministers are from the coastal states who understand world trade and mercantalism much better than rent seeking bureaucrats in Delhi could ever understand. Finally India is at a turning point where we are becoming a major...
  6. afako

    Indian Economy: News and Discussion

    Still these places don't make the cut with the expat and top corporate honchos. FYI - the business elites of Ahmedabad have their farmhouse or second homes faraway in Lonavala, Aamby Valley and Igatpuri in Maharashtra. The social infrastructure is something difficult to make.
  7. afako

    Indian Economy: News and Discussion

    https://www.moneycontrol.com/news/business/economy/exclusive-highest-ever-quarterly-exports-in-q1-fy22-were-led-by-finished-goods-7125451.html/amp?__twitter_impression=true High-value finished products are leading the fast-paced recovery in India’s exports, much to the surprise and delight of...
  8. afako

    Indian Economy: News and Discussion

    So a cyber attack on one company affects its customers which inturn affects the customers of customers. I remember during the deplatforming of Parlor social media website by Amazon, some vendor who provided network authentication and security service pulled the plug by its ideological CEO and...
  9. afako

    Indian Economy: News and Discussion

    Real reason Modi will win 2024: For media and minorities and Chomu Pakis it will be increasing Hindutva and radicalized majority.
  10. afako

    Indian Economy: News and Discussion

    What happened in 2008 during the GFC? Imports tripled in a year? We are exporting and importing as much when our economy was half of its size 10 years back? India ASEAN FTA came into effect from 2010. Preferential Trade agreement with Malaysia & Korea in 2009 and with Japan in 2011. Congress...
  11. afako

    Indian Economy: News and Discussion

    Just heard that gold is rising. Time to run out of the market. A bear phase is coming.
  12. afako

    Indian Economy: News and Discussion

    Mercantile Trade through Suez of Canal takes 40 days. This multi modal Transport cuts down that to 25 days to mainland Europe. Imagine if we take back POK and build a line via Afghan Wakhan corridor through Tajikistan and join the European line. This will be a game changer that first time in...
  13. afako

    Indian Economy: News and Discussion

    https://www.railfreight.com/beltandroad/2021/06/23/first-block-train-from-finland-to-india-already-on-the-move/ First block train from Finland to India already on the move Published on 23-06-2021 at 06:30 The first container block train connecting Helsinki in Finland with the Nhava Sheva...
  14. afako

    Indian Economy: News and Discussion

    Signing FTA with ASEAN was the most suicidal economic policy of Congress. We run a deficit of $100 Billion every year for the last 10 years with China and ASEAN. That's an outflow of $1 trillion.
  15. afako

    Indian Economy: News and Discussion

    The fundamentals that have been created, the many reforms that have taken place in a quiet manner have laid the foundations for a very strong national development for the next 10-15 years and let us all be positive and do whatever we can to push this in a nice manner to take it forward to wear...
  16. afako

    Indian Economy: News and Discussion

    L&T CEO in interview with ET: The Aatmanirbhar programme which I think is a phenomenal measure to make things more within the country, the nationalistic feeling which came in when the Chinese incurred did the incursion of the border many of us were buying products and other fabrication from...
  17. afako

    Indian Economy: News and Discussion

    Geopolitically speaking India is competing head on with US and China in oil producing countries like Nigeria, Venezuela, Iran, UAE, Saudi with one eight and one fifth of economy respectively due to huge import and export of oil and Petroleum.
  18. afako

    Indian Economy: News and Discussion

    Two things: 1) I have been dying to hear this news since 2006 when I started tracking Indias exports and imports statistics. First time there is a heavy growth of 52% in non gem and non petroleum exports. Thanks to those Apple investments. Somewhere it is making a difference. The PLI scheme...
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