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  1. DerBronzeLord

    Indian Economy: News and Discussion

    One fucking bullet train can't do much in the way of transferring industries. It will help in transportation of "PEOPLE", not factories or industry.
  2. DerBronzeLord

    Indian Economy: News and Discussion

    Acc to the RBI, this is a bubble. Lot of retail investors putting in money, people getting into stocks more than ever, pent up savings. It may go up to 4 trillion, but 5 trillion seems unlikely. Add to this that another Great Depression is brewing in the land of Bald Eagles, and once shit...
  3. DerBronzeLord

    Indian Economy: News and Discussion

    Nominal GDP highlights the gross domestic product IF the currency values were the same(in a rough sense of speaking). Smaller countries have wealth distributed among few people. If Bhutan has a million people, with a GDP of a billion dollars, the GDP per capita would be 1000 dollars, while India...
  4. DerBronzeLord

    Indian Economy: News and Discussion

    Not any time soon. A good indicator would be a few months after the US Fed increases rates. Then, investments into stocks(which has been insane at this point) goes down, markets crash, and then, we can expect an even higher inflation. IMO, put money into stocks, which is just going crazy right...
  5. DerBronzeLord

    Indian Economy: News and Discussion

    Quick point, the 45 trillion figure has been oft quoted, but only one source, Al Jazeera exists for that. There have been more figures around the 8 trillion mark. 45 trillion is a bit too much. They did steal a lot, but 45 trillion is unrealistic.
  6. DerBronzeLord

    Indian Economy: News and Discussion

    Already dropped 7% today.
  7. DerBronzeLord

    Indian Economy: News and Discussion

    If he was even half the economist he claimed to be, he would know that the US Fed has reduced Interest rates, and coupled with reduction in spending during the pandemic, people put more money into the stock market. Add to this that the US markets are volatile, Germany and UK are going to shieet...
  8. DerBronzeLord

    Indian Economy: News and Discussion

    And while we make those mistakes and learn, our demographic dividend would have collapsed, 2040 would have come and gone, and our chances of ever becoming a super power would be done. We can't afford to make mistakes and learn. Not every nation gets a shot at being a superpower, and no nation...
  9. DerBronzeLord

    Indian Economy: News and Discussion

    AFAIK, AP, Kerala, UP and Bihar have Uranium, Jharkhand does have it, but very little compared to these.
  10. DerBronzeLord

    Indian Economy: News and Discussion

    Bruh. Who gives a fuck about Jharkhand anyway? The bigger, and more critical states, like UP, Maharashtra, Gujarat, Karnataka and TN shouldn't pull the same thing. If Jharkhand wanted such a shitty govt. let them also bear the consequences. Just when India is expanding to become a manufacturing...
  11. DerBronzeLord

    Indian Economy: News and Discussion

    Adding to what you have rightly mentioned, Two things WILL happen, no matter the government or the Fed Gov., Fed Interest rates will increase, at which point, loans decrease, and by consequence, the massive inflow of money into Wall St. will stop. Another thing is that when the stock market...
  12. DerBronzeLord

    Indian Economy: News and Discussion

    Why @FalconSlayers? Why are you sad? :troll:
  13. DerBronzeLord

    Indian Economy: News and Discussion

    Do you watch Jake Tran?
  14. DerBronzeLord

    Indian Economy: News and Discussion

    THIS is the kind of news I like. A nation's manufacturing capacity, is not solely reliant on large-name manufacturers like Apple or Honda. It is the smaller ones, the companies employing 10-15 people at best, shifting their manufacturing to India. That is where most of China's manufacturing...
  15. DerBronzeLord

    Indian Economy: News and Discussion

    Mittal is a patriot. Not many people know, but he and another desi businessman in the UK(forget his name always), have helped the GoI in several Defense deals with other countries and getting them at a cheaper rate than advertised. Sundar Pichai is also heavily focusing on India for that reason...
  16. DerBronzeLord

    Indian Economy: News and Discussion

    Nibba nibbis gonna be sad.
  17. DerBronzeLord

    Indian Economy: News and Discussion

    500-Acre Bengaluru Campus For World's Largest E-Scooter Factory 6 hours ago
  18. DerBronzeLord

    Indian Economy: News and Discussion

    This is Bloomberg QUINT. Bloomberg legit has had a general neutral stance on India. Its basically a propaganda arm of Quint, masked under the Bloomberg partnership.
  19. DerBronzeLord

    Indian Economy: News and Discussion

    Why is Bihar setting up a port in Odisha? What is the logic behind this move? Is it to facilitate exports from Bihar?
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