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  1. Haldiram

    Indian Economy: News and Discussion

    #Bulati Hai Magar Jaaneka Nai :troll:
  2. Haldiram

    Indian Economy: News and Discussion

    It's for this reason..
  3. Haldiram

    Indian Economy: News and Discussion

    Fake rally hai, upar jayega, sabko trap karega, aur firse girega.
  4. Haldiram

    Indian Economy: News and Discussion

    Nibbers : India gon enter Corona stage 3. Markit gon become ZERO now. Meanwhile, markit : Accha? le bencho. :troll:
  5. Haldiram

    Indian Economy: News and Discussion

    Liberalization in those times meant allowing Western capital and companies to flood India. At that time we had just achieved freedom from these colonial Allied powers. Again allowing them to come back in to invest their colonial wealth in the name of liberalization would be like inviting them to...
  6. Haldiram

    Indian Economy: News and Discussion

    PS : If the IMF is so serious about ending the global economic downfall, let it come out with punitive measures for countries like the US which use economic sanctions as an instrument of economic war. No use trying to act innocent now when the IMF itself participated in these sanctions which...
  7. Haldiram

    Indian Economy: News and Discussion

    The demand always comes first, the cash follows in search of demand. Imagine you were a business owner and you figure that there is a demand for your product in Nigeria, but the people ain't rich enough to buy what you have to sell, wont you still set up a manufacturing plant in Nigeria and...
  8. Haldiram

    Indian Economy: News and Discussion

    Posting about Germany for context, their population is just 8 crores. This is not enough to support a consumerist society. They may be highly productive and produce a lot (hence the high income per capita) but a disproportionately high income-per-capita also needs very high domestic...
  9. Haldiram

    Indian Economy: News and Discussion

    The IMF is not an apolitical or academic institution. All their comments and actions are colored by their paymaster's vested interests. India is doing fine. This quarter will shrink due to lockdown but other than that we ain't in 2008. It's a whiteboi's club with a white-man's burden kinda...
  10. Haldiram

    Indian Economy: News and Discussion

    Aise NPA rakhoge toh aise hi results aayenge. Beej boye babool ke..aam kahan se aaye. Posting a follow up to this after yearly data just arrived. PSU banks, private banks, all down an average -70%.
  11. Haldiram

    Indian Economy: News and Discussion

    The value paradox kicks in at such a time. Meaning, we're buying a stock because it is trading at a discount to its previous value, by that yardstick, the steeper the discount the better the purchase. But if it were such a good stock then it wouldn't have given such a steep discount. So the...
  12. Haldiram

    Indian Economy: News and Discussion

    Gormint has slashed the interest rates of all the fixed deposit schemes. What this means is that there is ample cash liquidity in the system and gormint doesn't feel the need to offer an incentive to get people to deposit more money in the system. There is ample cash for businesses and...
  13. Haldiram

    Indian Economy: News and Discussion

    This benefits us immensely. Ain't no one even talking about it. All the paints, solvents, varnishes, plastic, rubber industries will gobble up all this cheap raw material like Adriana Chechick gobbles nunnus.
  14. Haldiram

    Indian Economy: News and Discussion

    This is the PDF transcript of RBI governor's official statement made 2 days ago : https://rbidocs.rbi.org.in/rdocs/Content/PDFs/GOVERNORSTATEMENT5DDD70F6A35D4D70B49174897BE39D9F.PDF Take a look at what the RBI is saying >> For 3 months all human activity will be frozen, so this quarter's...
  15. Haldiram

    Indian Economy: News and Discussion

    PSU vs profits is always a paradox. If a PSU is run with taxpayer's money, they should give the services at a discount rate to the tax payer since he has already paid for it in advance. For ex, MTNL agar mere hi tax se company start kar ke mujhse hi firse profit kamaye, fir PSU hone ka kya...
  16. Haldiram

    Indian Economy: News and Discussion

    The gormint needs to have some PSUs in sectors like defense, airlines and telecom but there is no need for them to have a monopoly over the sector. I mean, let them have MTNL and offer calls at an affordable rate, that is no reason for Jio to not exist. My only point was that different orgs...
  17. Haldiram

    Indian Economy: News and Discussion

    2035 : Indian engineer @Bhumihar is running a profitable business. 2036 : Social engineer @south block becomes Prime Minister and nationalizes @Bhumihar 's business. Humanities student : 1 STEM students : 0 Pirablem? :troll: Jokes aside, that is how India works. It never goes full...
  18. Haldiram

    Indian Economy: News and Discussion

    What's the country's GDP range? 3% to 6%, that's barely beating inflation. That's our national average productivity. Some of India's finest companies are growing at 5X that rate. When a gormint takes taxes from a company, they are withdrawing money from a profitable system that compounds it at...
  19. Haldiram

    Indian Economy: News and Discussion

    Tax incentives are not corporate bailouts. They are not giving money to corporates. They are literally just saying "this year onwards, we will rob you of less-er taxes from your hard earned money". Comparing tax incentives to agriculture subsidies. Ya maula! Agriculture subsidies are actually...
  20. Haldiram

    Indian Economy: News and Discussion

    Ye wala experiment Indira mata ne try kar ke dekh liya na ek baar. Pet nahi bhara kya abhi tak? The liberalization of Indian economy and allowing foreign firms to operate and hire Indians allowed the latent talent of enterprising middle class Indians to reach foreign shores and earn a name and...
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