Indian Economy: News and Discussion

afako

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With anti oil gas and fracking stand by Biden and Democrats, they have effectively crippled American Energy Independence achieved by Trump. Time to go in blackouts.

 

Kumata

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With anti oil gas and fracking stand by Biden and Democrats, they have effectively crippled American Energy Independence achieved by Trump. Time to go in blackouts.

This is good for General US public...who fell for BLM / Covid propoganda ... I hope Land of freeedom see thru what they have lost with this Paedo...

Best of it all is that "trump" will fancy his chances Once more... He is not done yet.. One thing i realise is that americans cannot tolerate any disruptions whatsoever into their lifestyle... things like water , electrcity r taken for grated & any disruption will cause huge uproar...

Moreover, this will show the green activists real intentions too...
 

Haldilal

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Just cheched the major currencies of the world. All of them depreciating against the dollar in the last one month, except ruble.
Can someone explain this trend? Thanks.
@Haldilal @Crazywithmath
Ya'll Nibbiars The U.S. dollar scaled two year peaks, as a wave of risk aversion hit global markets, while the Chinese yuan posted its largest three day losing streak in nearly four years on growing worries of an economic slowdown in the world's second largest economy. And With war in Ukraine entering a third month and growing concerns of a Mleecahs Chines Virus outbreak sparking a rout in Mleecahs stocks, investors dumped currency market darlings like the Australian dollar and the offshore Chinese yuan .

The Against a basket of its rivals, the dollar rose to 101.86, a level it last tested in March 2020. It was last at 101.76, up 0.7 percents, its largest daily percentage gain since March 11. The dollar is increasingly in vogue given the dimmer outlook for the world economy, coupled with the Federal Reserve's ever assertive rhetoric about big rate hikes to help it tame inflation. The mleecahs struggle to contain the chinese Virus is adding to risk aversion that's partly behind the dollar's dominances.

The Mleechas yuan fell to a one year low against the dollar and was last down 0.9% at 6.5615 yuan per U.S. dollar. The People's Bank of China would cut the FX reserve requirement ratio RRR by 100 basis points to 8 percents beginning May 15, to improve financial institutions ability to use foreign exchange funds, according to an online statement. It was a move aimed at slowing the depreciation of the yuan. And expect this RRR cut to slow down CNY depreciation in the near term, though it would also depend on the broad U.S. dollar path and overall sentiment towards Chinese growth.

The Aussie, which was one of the biggest gainers in currencies in the first quarter of 2022 thanks to surging commodity prices, fell broadly. It dropped 0.9 percents against the U.S. dollar to 0.7176 dollars and fell 1.4 perecnts versus the Japanese yen to 91.88 yen. The Norwegian crown also fell nearly 2 percenta versus the U.S. dollar, which last traded up at 9.1250. The Broader currency market volatility gauges ticked higher, with an index rising to its highest levels in more than a month.
 
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Shuturmurg

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It’s a good reason for us to keep him out of Indian market.
What has his investment or not in India got to do with his investments in Indonesia ? Indonesia is large producer of Nickel and other materials needed for battery production. They are pressuring companies to manufacture battery in Indonesia instead of exporting raw materials.
 

Concard

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What has his investment or not in India got to do with his investments in Indonesia ? Indonesia is large producer of Nickel and other materials needed for battery production. They are pressuring companies to manufacture battery in Indonesia instead of exporting raw materials.
I see a bleak future for Lithium ion battery technology if it has to rely on rare elements like Nickel and cobalt. Even Lithium is not present everywhere. It is my strong belief we need to work on alternative battery chemistries. Sodium ion batteries are a work in progress but they show some promise. To save the planet we need to stop digging for Oil. Now ironically in order to save the planet we need to dig for rare earths and precious metals.
 

Varzone

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I see a bleak future for Lithium ion battery technology if it has to rely on rare elements like Nickel and cobalt. Even Lithium is not present everywhere. It is my strong belief we need to work on alternative battery chemistries. Sodium ion batteries are a work in progress but they show some promise. To save the planet we need to stop digging for Oil. Now ironically in order to save the planet we need to dig for rare earths and precious metals.
Graphene
 

Concard

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Mass production of Graphene is very difficult. Graphene has been hyped a lot. There is even a joke in community of Chemists about Graphene that "It can do everything but leave the lab". Whatever wonderful properties Graphene has for now it remains confined to laboratory environment. It hasn't lived up to the expectation in commercial settings.
 

gajapati

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Graphene is the new carbon nano tubes said to change the world but yet hasn't
Few countries set the trend and then everyone else go gaga over it .. Because others dnt have the capital , legacy and long term vision to venture in to risky territories ..
 

charlie

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Germany is a piece of shit country...
“This is not about India first but India‘s fair share“ that should have been the exact words coming out external affairs spokesperson.
 

Chandragupt Maurya

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Bangladesh has expressed interest to join the 1,360-km-long highway project that will connect Mae Sot in Thailand with Moreh in India via Myanmar
Former Indian Ambassador to Bangladesh Riva Ganguly Das has said the raft of connectivity projects that India has undertaken with Bangladesh and ASEAN countries opens up the possibility of linking eastern India with Thailand, Cambodia, Vietnam and boost the economy of eastern states of India.

A study has shown that the planned eastward extension of the road to Cambodia, Laos and Vietnam will bring overall development to the entire region. This project, as part of Act East policy, will give a big boost to the economy of Northeast and West Bengal, including GDP growth, employment generation and increase in per capita income," the former Indian diplomat told PTI.
 

ezsasa

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There needs to be another warning shot sent to states not being responsible with their spending, now is not the time for mindless welfare spending. the state governments will be need cash in hand for whatever is going to happen next.
 

Haldilal

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On CNN's Fareed zakaria's program, the topic was upcoming global food shortages.
Ya'll Nibbiars still remeber those Kurdish episodes where supported their Independence but after that senior got angry on him. A mixed bag has he become.

There needs to be another warning shot sent to states not being responsible with their spending, now is not the time for mindless welfare spending. the state governments will be need cash in hand for whatever is going to happen next.
Ya'll Nibbiars The GOI is not in a position to dictate that now till then this will continue to happens.
 
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gajapati

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On CNN's Fareed zakaria's program, the topic was upcoming global food shortages.
India has revised wheat production from 111MT to 105 MT due to heat wave . Govt food security program needs 24 - 26 MT . We have buffer stock of 40 MT .. And then there is rice which a major part of india eats .. So food insecurity is not there in india . But yes we ll see some price rise . Food oil is matter of concern as both ukraine and indonesia are nt exporting .
 

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