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This is literally the story of every "foreign" investment that comes to India. Almost all the MNCs operating in India use the same tactics to divert their profits to Singapore or Dubai or whatever. Heck our own bloody start-ups do that.

Your talking about, say 20 years down the line, I am taking about next 5-8 years. De'dollarization wouldn't be happening over night. In the mean time we need to keep the Rupee rates steady. Dollar constitute around 85% of our total foreign trade. I think we will take a piecemeal approach...

But if we import in Rupees & export in Dollars. Will it help to improve the situation. I think the analysts surely have some rational behind such big projections for Rupee appreciation. But I also agree 72rs/dollar is farfetch. Maybe 78 -79rs/dollar would be fine. IDK only Rupee rate wrt...

New Mahindra EV manufacturing unit inaugurated in Telengana. M&M’s invested INR 1,000 crore in the establishment of manufacturing amenity in Zaheerabad, Telangana. The set-up of new amenity will provide the firm to target to construct battery assembly line, generating power packs and...

I think a lot of it has to do with the composition of Indian economy. The services sector is around 53 % of our Economy & it requires relatively less investment to grow really fast wrt to the industries. The article already states that in absolute terms the private investment has grown really...

Guys I don't think there should be any outrage regarding TN rolling back the Factories Amendment Act. People very well know that a person working in 12 hr shift would be less efficient that someone working in 8 hr shift, because of burnout. Moreover they are reducing the Working days. So we...

Kia India exports cross 2 lakh unit mark in FY23 The automaker reported 22 per cent growth in exports in March quarter 2023 as compared the same period last year, it added. From their Anantapur facility in Andhra Pradesh...