Indian Economy: News and Discussion

[Haldilal]

reserve bank of india introducing its own cryptocurrency would be interesting it means indian banks will start accepting crypto

Ya'll Nibbiars only RBI ones not the others. And it's a stable digital format nothing else.

 

[Suryavanshi]

Better that India takes a conservative stance in this regard-
1) Somehow we have started to recover that Post NPA crisis of 2017-18
2) We may experience low cost of capital from international markets given the surplus liquidity in the US. Makes no sense to not use that for development, and risk it for something that's not established yet(not saying that Crypto won't make it big, its just that the risks for an aspiring economy are just too high)
3) This Doesn't mean we should scuttle our Crypto startups- use them in markets where it works, and build on Blockchain technology. That's definitely going to grow big.
5) China's central bank has been working on a digital currency for quite some time now, no reason as to why we won't see some NPCI-RBI collab going this way

Digital currency is already happening through UPI. Why crypto than? Fellas just buying crypto hoping that the giv will dump the INR and link our economy with crypto.

What is even the base for these coins

 

[Haldilal]

Digital currency is already happening through UPI. Why crypto than? Fellas just buying crypto hoping that the giv will dump the INR and link our economy with crypto.

What is even the base for these coins

Ya'll Nibbiars

 

[Chandragupt Maurya]

Ya'll Nibbiars

View attachment 121745

everyone should invest in stocks and crypto but only after learning technical analysis and practicing it on a demo account because trade isnt as easy as job
long term investment is better and requires less work

 

[Ugra Bhairav]

reserve bank of india introducing its own cryptocurrency would be interesting it means indian banks will start accepting crypto

Not any Crypto but Legal Tender Crypto issued by any Reserve Bank across the Globe.

Slowly Governing Banks across the globe will enter in Digital Currency market ending these privet cryptos not supported by valid asset class.

Basically eliminating untaxed and unaccounted wealth in digital form.

We are witnessing Legal Regulation starting in Digital Currency.

 

[sauntheninja]

India's Tata in talks to set up $300 million semiconductor assembly unit

While Tata has previously said it would likely enter the semiconductor business, this is the first time news about the group's foray into the sector and its scale has been reported.

economictimes.indiatimes.com

 

[sauntheninja]

Over 50% of the population in Bihar classified as multidimensionally poor: NITI Aayog

The index, unveiled by the Aayog recently, shows 51.9% of Bihars population is poor followed by 42.16% in Jharkhand, 37.79% in Uttar Pradesh, 36.65% in Madhya Pradesh and 32.67% each in Meghalaya and Assam.

economictimes.indiatimes.com

 

[Haldilal]

India's Tata in talks to set up $300 million semiconductor assembly unit

While Tata has previously said it would likely enter the semiconductor business, this is the first time news about the group's foray into the sector and its scale has been reported.

economictimes.indiatimes.com

Ya'll Nibbiars this is for the semiconductor needs of the firms. This was already going on since 2020. Well I think they are going to purchase a cannon or second hand from the market leader. And it's 180 to 90 MM like the Bosch. The design I have no idea about this.

 

[Chandragupt Maurya]

Ya'll Nibbiars only RBI ones not the others. And it's a stable digital format nothing else.

it wont be stable no currency is stable but crypto doesnt know boundaries it can be used anywhere around the world
if RBI crypto is restricted for use in india only then its as good as INR but only in digital format

 

[Haldilal]

it wont be stable no currency is stable but crypto doesnt know boundaries it can be used anywhere around the world
if RBI crypto is restricted for use in india only then its as good as INR but only in digital format

Ya'll Nibbiars there are stable crypto currencies alreday in use.

 

[UnderFingy]

it wont be stable no currency is stable but crypto doesnt know boundaries it can be used anywhere around the world
if RBI crypto is restricted for use in india only then its as good as INR but only in digital format

like USDT, ig.

 

[FalconSlayers]

Tata in talks with 3 states to set up $300 mn semiconductor unit: Report

The Tata Group is talking to the southern states of Tamil Nadu, Karnataka and Telangana and scouting for land

www.livemint.com

 

[Chandragupt Maurya]

Bitcoin below 55000 USD , -6.91% in a day what has happened guys did indian government announce something ?

 

[Haldilal]

Ya'll Nibbiars

 

[Haldilal]

Ya'll Nibbiars The Black Friday Sale on Sensex today. And even I duce are 3 percent down on average.

 

[sauntheninja]

Ya'll Nibbiars The Black Friday Sale on Sensex today. And even I duce are 3 percent down on average.

Due to the new variant of covid

 

[Haldilal]

Ya'll Nibbiars The IRCON emerges lowest bidder for Package 14 of Delhi Mumbai Expressway in Palghar, Maharashtra.

The Track Works on Chennai Metro Phase II between Light House & Ponnamalle Depot.

Marine Bharat.

 

[Haldilal]

Due to the new variant of covid

Ya'll Nibbiars aur ek Tikka laga ne ka time aya hai.

 

[Haldilal]

Ya'll Nibbiars The Adani secures the largest loan in Infrastructure history of India. And it's time stipulateds.

Adani readies up to ₹15,000-crore SBI funding for Navi Mumbai Airport

The group is said to have lined up one of the largest project financing loans from India's largest lender, State Bank of India, signalling the return of capex loans for infrastructure projects.

m.economictimes.com

 

[Chandragupt Maurya]

Ya'll Nibbiars aur ek Tikka laga ne ka time aya hai.

means bitcoin gonna fall further