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  1. warriorextreme

    Indian Economy: News and Discussion

    Is there any innovation that local big players are conducting in EV sector. the 50% localization will actually help the local industry which is actually into innovation and manufacturing rather than just importing. Anyways the $35,000 threshold will protect such local big players in EV.
  2. warriorextreme

    Indian Economy: News and Discussion

    I have met few cab drivers in Mumbai who have told me that jobs in the manufacturing companies had extremely long working hours that too only for 7k to 8k per month. Food was free but there is no future for them as those who are even slightly educated can earn a lot more by doing jobs like...
  3. warriorextreme

    Indian Economy: News and Discussion

    I have met few cab drivers in Mumbai who have told me that jobs in the manufacturing companies had extremely long working hours that too only for 7k to 8k per month. Food was free but there is no future for them as those who are even slightly educated can earn a lot more by doing jobs like...
  4. warriorextreme

    Indian Economy: News and Discussion

    Oil India aims to begin drilling in Andamans in FY25, says official State-run Oil India Limited (OIL) is expected to start drilling in Andamans in the beginning of the upcoming financial year, 2024-25, Manas Kumar Sharma, director (exploration and development), told Moneycontrol. Sharma said...
  5. warriorextreme

    Indian Economy: News and Discussion

    Those are companies that have built their own offices e.g. TCS. Those that have leased office spaces have reduced their leased space by half and in some cases by 75%. My company reduced the leased space by half and we have no plans to increase leased space (Also there is no option to do that...
  6. warriorextreme

    Indian Economy: News and Discussion

    Yes. The reason for Services exports growth is that apart from software there are multiple other areas where global companies are exporting their IT and non IT operations. That is mainly because of talent that is available here which is very rarely found in other competing countries. That...
  7. warriorextreme

    Indian Economy: News and Discussion

    Very important development to reduce palm oil import bills in long run. Godrej Agrovet to invest Rs 300 cr in integrated palm oil unit in Telangana https://www.aninews.in/news/business/business/godrej-agrovet-to-invest-rs-300-cr-in-integrated-palm-oil-unit-in-telangana20231001165933/
  8. warriorextreme

    Indian Economy: News and Discussion

    The data was correct when the GDP Contracted during COVID, it was used to attack the government, and now suddenly the data is fake because GDP is increasing Oh the enemies of India, thou art a stinky piece of shit 💩:rofl:
  9. warriorextreme

    Indian Economy: News and Discussion

    The LNG production will reduce imports by $ 7 Billion and the 100 biogas (CBG) plants can reduce it further if the biogas is used for running public transport like Indore...
  10. warriorextreme

    Indian Economy: News and Discussion

    Reducing our trade deficit is extremely critical. Growing merchandise export beyond a certain limit from this point onwards seems highly unlikely due to global economic outlook. Merchandise import substitution wherever possible will be more likely to succeed.
  11. warriorextreme

    Indian Economy: News and Discussion

    Yup thats what I thought. Contract staff are hired for this sole purpose of being expendables. Most of the Sales staff in many banks are contract staff as well and they are the first ones to let go. I am surprised with news articles also calling it as employees being fired.
  12. warriorextreme

    Indian Economy: News and Discussion

    Are they firing employees or staff (contractors)? I have never seen Reliance laying off people. I suspect the layoffs must be of contractors.
  13. warriorextreme

    Indian Economy: News and Discussion

    For this to happen there has to be PNG in all areas across metropolitan regions. In MMR itself the PNG lines have still not been established in all areas. So if someone has to move one day to the part of MMR where there is no PNG then they will have no PNG and no cylinders.
  14. warriorextreme

    Indian Economy: News and Discussion

    https://tradestat.commerce.gov.in/eidb/ecom.asp This has 11518 commodities listed. Download csv and filter out.
  15. warriorextreme

    Indian Economy: News and Discussion

    Data is already available on: https://tradestat.commerce.gov.in/eidb/default.asp
  16. warriorextreme

    Indian Economy: News and Discussion

    Labour is in concurrent list so both state and central governments can make changes to their respective laws. Central government is in process of consolidating central labour laws to make them more simplified and promote business. https://prsindia.org/billtrack/overview-of-labour-law-reforms
  17. warriorextreme

    Indian Economy: News and Discussion

    We cannot put all our eggs in one basket. Service Exports provide jobs to educated sections of society while manufacturing sector will provide jobs to those with higher education and also to those who are not highly educated but are skilled. Besides as our country grows the salaries will...
  18. warriorextreme

    Indian Economy: News and Discussion

    Whenever I see such products I make sure that I mention to them that at least keep textiles that are Made in India. However in MMR I have rarely come across non Indian textiles.
  19. warriorextreme

    Indian Economy: News and Discussion

    Dapchari is so far away that it does not make any sense. Nashik is also approximately at the same distance and already has an airport which can be upgraded. Kelva makes more sense.
  20. warriorextreme

    Indian Economy: News and Discussion

    FYI founder is a Pakistani but FIreEye (Now Trellix) is a reputed Cyber Security Company.
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