Indian Economy: News and Discussion

sauntheninja

Regular Member
Joined
Dec 16, 2020
Messages
810
Likes
1,808
Country flag

This is really cool. Needs to be complemented with farm laws. Also checks and balances are necessary to keep an eye on foreign/domestic MNCs.
Why not give these projects to domestic firms instead of amazon and google such projects for these huge companies wouldn't mean much but for our domestic firms can bring in innovation
 

jackprince

Turning into a frog
Senior Member
Joined
Mar 30, 2009
Messages
3,895
Likes
9,589
Country flag


If it were me, I would have put these Surendra Singh Sirohi, naina Krishna Murthym, Rohan Dhamija, Aruna Sharma, Srinivasa Rao Addepalli and Gaurav Mehta under thorough scanner and find the links to China. These cannot be innocuous group of people.

Anyhow, lets go back a year to see this news. https://www.hindustantimes.com/indi...a-to-centre/story-UcZE3Mi6gYDsd2ZV2COOMO.html

If GoI wishes it can actually go berserk and cut the two investment houses from the knees. Just pass an ordinance and give 2 months time to any Chinese linked investment to liquidate from media houses under the national security concern. Yes, initial hit will be hard, but given the way Indians are flocking to the market these days, the share value would rise up almost instantly.
 

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
Senior Member
Joined
Aug 10, 2020
Messages
13,958
Likes
45,145
Country flag
Ya'll Nibbiars one airline gone another taken place tragic but as a leap of faith the Akasa would be based in Mumbai instead of Bengaluru as first propsed due to various diffucilities of talk with karnataka goverment. Bother cities has seen many airlines going bankrupt. But still are the major aviation hubs.

The Akasa is basically a Jet 2.0 with 80 ex Jet 787 Max on orders and the current Jet Airways is Jet lite with 12 aircrafts.
 
Last edited:

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
Senior Member
Joined
Aug 10, 2020
Messages
13,958
Likes
45,145
Country flag

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
Senior Member
Joined
Aug 10, 2020
Messages
13,958
Likes
45,145
Country flag
Ya'll Nibbiars According to the National Crime Record Bureau, Kolkata is the safest city in India for women for two successive years now.
 

Crazywithmath

Regular Member
Joined
Mar 3, 2021
Messages
563
Likes
2,648
Country flag
Why not give these projects to domestic firms instead of amazon and google such projects for these huge companies wouldn't mean much but for our domestic firms can bring in innovation
I see no harm. Competition is always good; let foreign MNCs compete fair and square.

Checks and balances will be required afterwards to ensure the likes of Amazon do not kill other competitors (by unfair means) like they did in Murica.
 

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
Senior Member
Joined
Aug 10, 2020
Messages
13,958
Likes
45,145
Country flag
Ya'll Nibbiars

 

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
Senior Member
Joined
Aug 10, 2020
Messages
13,958
Likes
45,145
Country flag

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
Senior Member
Joined
Aug 10, 2020
Messages
13,958
Likes
45,145
Country flag
Ya'll Nibbiars

 

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
Senior Member
Joined
Aug 10, 2020
Messages
13,958
Likes
45,145
Country flag

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
Senior Member
Joined
Aug 10, 2020
Messages
13,958
Likes
45,145
Country flag

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
Senior Member
Joined
Aug 10, 2020
Messages
13,958
Likes
45,145
Country flag
Ya'll Nibbiars

The total foreign direct investment (FDI) inflow to India grew 90 per cent year-on-year to $22.53 billion during the first three months of the ongoing financial year. The FDI inflow was at $11.84 billion during April-June period of 2020.

Meanwhile, the total FDI equity inflow rose 168 per cent to $17.57 billion during the first three months of FY22 from $6.56 billion in the year-ago period, the Commerce and Industry Ministry said in a release.

The automobile industry got the highest equity FDI inflow during the three months, with the share of the sector in total FDI equity inflow being at 27 per cent. It was followed by computer software and hardware with 17 per cent share and services sector with 11 per cent share.
 

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
Senior Member
Joined
Aug 10, 2020
Messages
13,958
Likes
45,145
Country flag
Ya'll Nibbiars This quarter FDI positions be Like this Tamil Nadu, Maharashtra, Karnataka, Delhi and gujarat.
 

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
Senior Member
Joined
Aug 10, 2020
Messages
13,958
Likes
45,145
Country flag
Ya'll Nibbiars From a Electricity deficit city to data surplus how Navi Mumbai over came the IT drought and Data centres.

At present, over half of the datacentre capacity of the country is concentrated in Mumbai and estimates suggest the same contribution to continue even and may even increase even more as the industry grows significantly owing to increased digital adoption. They attributed the high interest in the financial capital to factors like cable landing, power availability and stability, dense fibre networks and supportive government policies. And in the last three years, over half of the overall 240 MW of datacentres added nationally have been in Mumbai or around. The overall capacity in Mumbai presently stands at 200 MW, and is expected to more than double to 490 MW by 2023, pointing out that the stretch from Airoli to Mahape in Navi Mumbai is a hub.

The state can earmark up to 250 acres in a 900 acres of land aggregated by the MIDC at Navi Mumbai's Taloja for datacentres. And another 200 acres in Navi Mumbai is the first step for the growth of datacentres business, and also about committing space near Pune and Nagpur for such facilities. The MIDC can acquire even small tracts of land of up to 10 acres for datacentres by invoking "statutory" provisions, so that the industry gets un-encumbered land. The state will be able to do more once its new policy on information technology and information technology enabled services comes in, and added that the MIDC expects a government resolution on the same in the next one month.

8 years ago MMR was not even in top five position for the data center. But during the Fadnavis era become the leader with 50 percent market share now. With pune added this is even more.

Similary Chennai also over came the data centr droughts.
 
Last edited:

Latest Replies

Global Defence

New threads

Articles

Top