Indian Economy: News and Discussion

[karn]

Bank will hike rates in july/August and October/Nov...how will it affect adani specifically?... interest rate hike happens over two year cycle..Fed started rate hike in 2021 and RBI last month but the faq adani is got to do with it...If dude is over leveraged then dude must have big balls,big plans and big dreams..If u don't like it stay away form it simple..Tata survived doing some shitty business and selling some shitty stuff and some good PR..Adani can do what he wants as long as he keeps cashflow and balance sheets clean...Baaki sab apni zindagi ke maalik he

I did .. verry nice profit. Im explaining why.. If you'll think a 300% increase in stock price is totally normal more power to you.

 

[HawkisRight]

Most of Adani's current revenue comes from sectors, where getting contract depends on who is in government, unlike Tata or RIL. While that in itself isn't bad (maybe they are the best in port and airport operations and mining), but that coupled with the fact that they are too close to current govt. definitely raises a bit of concern as to whether they will continue their success if another govt. comes, and also whether they have good corporate governance to diversify into more competitive sectors and survive.

May be they will, but only time will tell.

Kuch bhi...Mukesh Ambani had said in past that 'Congress to apni dukaan he'... reliance was built upon with blessings from Congress and other coalition governments...Did that made Ambani loose after gov change... system doesn't work like that

 

[Haldilal]

This is right wing jholachaps Exfartgiri....Tata makes automobile, tata makes salt, tata runs commercial airlines, tata makes random shit And tata can't go bankrupt But adani buys something and adani is idiot....Ya 5th richest guy doing business for 40 years is idiot and jobless Exfart on internet know better than him...Lol.. anyone can go bankrupt its business.. adani is still less diversified than tata house or Ambani who sells jio in day and refined petro in night

Ya'll Nibbiars Tata and RIL has cash cows adani not, both of them are reducing their debts and adani not as simple as that's.

Most of Adani's current revenue comes from sectors, where getting contract depends on who is in government, unlike Tata or RIL. While that in itself isn't bad (maybe they are the best in port and airport operations and mining), but that coupled with the fact that they are too close to current govt. definitely raises a bit of concern as to whether they will continue their success if another govt. comes, and also whether they have good corporate governance to diversify into more competitive sectors and survive.



May be they will, but only time will tell.

Ya'll Nibbiars I knew about how adani group upper management works and it's not good.

Bank will hike rates in july/August and October/Nov...how will it affect adani specifically?... interest rate hike happens over two year cycle..Fed started rate hike in 2021 and RBI last month but the faq adani is got to do with it...If dude is over leveraged then dude must have big balls,big plans and big dreams..If u don't like it stay away form it simple..Tata survived doing some shitty business and selling some shitty stuff and some good PR..Adani can do what he wants as long as he keeps cashflow and balance sheets clean...Baaki sab apni zindagi ke maalik he

Ya'll Nibbiars thats the problem it's not cleans.

Kuch bhi...Mukesh Ambani had said in past that 'Congress to apni dukaan he'... reliance was built upon with blessings from Congress and other coalition governments...Did that made Ambani loose after gov change... system doesn't work like that

Ya'll Nibbiars Amabnai can be prostrate of any government and adani not.

Lol this has nothing to do with what we are discussing .. And If you are making a comparison of Ambani and Adani . Ambani has his crude oil refineries that will earn him profits no matter what. Adani has palm oil refineries that are only profitable when Indonesia/ Malaysia ban processed palm oil exports.

Ya'll Nibbiars Adani dosen't has any cash cows as simple as that's.

1652939494907.png

Ya'll Nibbiars Pina bandh kar bewade. Paisa bacha.

 

[HawkisRight]

I did .. verry nice profit. Im explaining why.. If you'll think a 300% increase in stock price is totally normal more power to you.

Ya sure Reliance using some fine business tactics here such as insider trading... Ambani se sikho dhandha kaise karna he

Sebi imposes penalty on RIL, Ambani in insider trading case

The Securities and Exchange Board of India (Sebi) has imposed an aggregate penalty of Rs 70 crore on Reliance Industries (RIL), its chairman Mukesh Ambani and two other entities for manipulative trading.

wap.business-standard.com

Sebi slaps fine of Rs 25 cr on RIL promoters for violation of takeover norm

Allegations were raised that RILs promoters acquired 6.83 per cent stake in the company between March 1999 to March 2000 through conversion of 3 crore warrants issued to them back in 1994.

m.economictimes.com

 

[Varzone]

Who tell you that? To some extent, they are forced by Americans to decouple Sino-US economies. On the other hand, they are extending their economic relationship with the rest of the world:
The RCEP is activated this year.
They are still pushing the Europeans to approve the Sino-Europe investment agreement.
They are still investing big money in their one belt one road policy.



Huge capital is leaving Chinese market is a fact as it is happening everywhere since US is increasing their interest rate.

But saying that Chinese stock market is going to collapse is laughable. Why? Because it has been in the bottom for years, there is really no much room to collapse.
View attachment 156501

Since the last peak -5166 (08/06/15), Chinese GDP increased from 11.06 T (2015) to 17.7 T (2021). In the meantime, the Chinese stock market has been hanging around 3000.

In the same period, here is US stock market:

View attachment 156502

Even India market has been accumulating more bulb than Chinese:
View attachment 156503

What about the real estate market? Stock market collapse has happened in the past but real estate collapse is what is coming.

 

[karn]

Ya sure Reliance using some fine business tactics here such as insider trading... Ambani se sikho dhandha kaise karna he

Sebi imposes penalty on RIL, Ambani in insider trading case

The Securities and Exchange Board of India (Sebi) has imposed an aggregate penalty of Rs 70 crore on Reliance Industries (RIL), its chairman Mukesh Ambani and two other entities for manipulative trading.

wap.business-standard.com

Sebi slaps fine of Rs 25 cr on RIL promoters for violation of takeover norm

Allegations were raised that RILs promoters acquired 6.83 per cent stake in the company between March 1999 to March 2000 through conversion of 3 crore warrants issued to them back in 1994.

m.economictimes.com

Lol this has nothing to do with what we are discussing .. And If you are making a comparison of Ambani and Adani . Ambani has his crude oil refineries that will earn him profits no matter what. Adani has palm oil refineries that are only profitable when Indonesia/ Malaysia ban processed palm oil exports.

 

[Varzone]

Ya'll Nibbiars yeh kis angle se us univers ka Lagat hai?. Pagar bad gaya to Pina bhi bada kya be.

 

[Haldilal]

Ya'll Nibbiars The When you borrow 5 lakhs from a bank, you have sleepless nights. When you borrow trillions, the bankers have sleepless nights.

 

[Dark Sorrow]

India's Own 5G Stack To Be Ready By September To October: Ashwini Vaishnaw

The roll-out of 5G services, expected in the latter part of the year, will enable a new realm in the quality of services as well as new types of services, he said.

India's own 5G stack will be ready around September-October, Communications Minister Ashwini Vaishnaw said on Wednesday as he urged nations to look actively at these indigenous telecom stacks for cost and quality advantage.


Speaking at an event organised by the Telecom Regulatory Authority of India (TRAI), the minister said India's indigenous telecom stacks mark "big fundamental technological advancements".

The Minister also noted that bridging the digital divide has become even more crucial in a world where technology is playing a key role in economic development, and added the Government is directing all its efforts to ensure inclusive growth.


"5G stack is also very much in good, advanced stage...by somewhere in September-October India's own 5G stack will be ready," Vaishnaw said.


He exhorted the international delegates -- who were attending the high-level ministerial session organised by the telecom regulator -- to look actively at Indian 4G and 5G technology stacks and assured them that these will be "good on cost, and on quality. It will be really a great contribution to your telecom consumers in your countries. I am talking about big fundamental technological advancement which is in the Indian 4G stack. Please use it," the minister said. The Centre is making all-out efforts for inclusive development, so that government programmes and schemes benefit the marginalised sections of society and those living in far-flung areas.


"In today's world where technology has taken a primary role in the economy, in this world, if the digital gap is not filled up by conscious effort, then the digital divide is going to accelerate significantly and we will not be able to fulfil or bridge that divide," he said adding that the government is persistently working to bridge the digital divide through various measures.


Vaishnaw went on to cite significant initiatives in this regard including enhancing connectivity in far-flung areas via USO support (Universal Service Obligation Fund), the creation of open public digital platforms in areas such as payments, healthcare, logistics and education, and the PM GatiShakti National Master Plan for integrated planning and development of infrastructure.


Speaking on the occasion, Telecom Secretary K Rajaraman said that the quality of service is an important "moving target" and observed that as technology evolves, the quality "expectations also go up".


"Consumer expectation in terms of download speeds, in terms of latency of the system remains an important target for the Government. This is a good opportunity for all of us to look back at what we have done, to try and see how we can push the quality of service to the next level," Rajaraman said.


The roll-out of 5G services, expected in the latter part of the year, will enable a new realm in the quality of services as well as new types of services, he said. TRAI Chairman, PD Vaghela said that digital technology is changing service delivery in education, healthcare, agriculture, energy, and other sectors. In this context, he called for an enabling, collaborative approach among various sectors for framing policies and regulations.

India's Own 5G Stack To Be Ready By September To October: Ashwini Vaishnaw

The roll-out of 5G services, expected in the latter part of the year, will enable a new realm in the quality of services as well as new types of services, he said.

www.outlookindia.com

 

[Dark Sorrow]

 

[Dark Sorrow]

 

[Dark Sorrow]

 

[Butter Chicken]

B2B unicorn Zetwerk sets up smart tech device manufacturing facility in Noida

B2B unicorn Zetwerk sets up smart tech device manufacturing facility in Noida

The Noida facility is spread out over an area of 50,000 square feet, and comprises 16 manufacturing lines with advanced testers and an innovation lab for product development

www.google.com

Explained | How ONDC will change the e-commerce game

Pitched as the UPI of e-commerce, Open Network for Digital Commerce is a freely accessible government-backed platform that aims to democratise e-commerce by moving it from a platform-centric model to an open network

www.moneycontrol.com

Why this German wind company made India its manufacturing base for exports

Enercon GmbH has signed contract manufacturing agreements with three MSMEs

www.thehindubusinessline.com

Production-Linked Incentive Program for Solar Module Manufacturing Revamped - Mercom India

The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines to implement the second phase (Tranche II) of the Production-Linked Incentive (PLI) program under the ‘National...

mercomindia.com

 

[Varzone]

India's Own 5G Stack To Be Ready By September To October: Ashwini Vaishnaw

The roll-out of 5G services, expected in the latter part of the year, will enable a new realm in the quality of services as well as new types of services, he said.

View attachment 156566

India's own 5G stack will be ready around September-October, Communications Minister Ashwini Vaishnaw said on Wednesday as he urged nations to look actively at these indigenous telecom stacks for cost and quality advantage.


Speaking at an event organised by the Telecom Regulatory Authority of India (TRAI), the minister said India's indigenous telecom stacks mark "big fundamental technological advancements".

The Minister also noted that bridging the digital divide has become even more crucial in a world where technology is playing a key role in economic development, and added the Government is directing all its efforts to ensure inclusive growth.


"5G stack is also very much in good, advanced stage...by somewhere in September-October India's own 5G stack will be ready," Vaishnaw said.


He exhorted the international delegates -- who were attending the high-level ministerial session organised by the telecom regulator -- to look actively at Indian 4G and 5G technology stacks and assured them that these will be "good on cost, and on quality. It will be really a great contribution to your telecom consumers in your countries. I am talking about big fundamental technological advancement which is in the Indian 4G stack. Please use it," the minister said. The Centre is making all-out efforts for inclusive development, so that government programmes and schemes benefit the marginalised sections of society and those living in far-flung areas.


"In today's world where technology has taken a primary role in the economy, in this world, if the digital gap is not filled up by conscious effort, then the digital divide is going to accelerate significantly and we will not be able to fulfil or bridge that divide," he said adding that the government is persistently working to bridge the digital divide through various measures.


Vaishnaw went on to cite significant initiatives in this regard including enhancing connectivity in far-flung areas via USO support (Universal Service Obligation Fund), the creation of open public digital platforms in areas such as payments, healthcare, logistics and education, and the PM GatiShakti National Master Plan for integrated planning and development of infrastructure.


Speaking on the occasion, Telecom Secretary K Rajaraman said that the quality of service is an important "moving target" and observed that as technology evolves, the quality "expectations also go up".


"Consumer expectation in terms of download speeds, in terms of latency of the system remains an important target for the Government. This is a good opportunity for all of us to look back at what we have done, to try and see how we can push the quality of service to the next level," Rajaraman said.


The roll-out of 5G services, expected in the latter part of the year, will enable a new realm in the quality of services as well as new types of services, he said. TRAI Chairman, PD Vaghela said that digital technology is changing service delivery in education, healthcare, agriculture, energy, and other sectors. In this context, he called for an enabling, collaborative approach among various sectors for framing policies and regulations.

India's Own 5G Stack To Be Ready By September To October: Ashwini Vaishnaw

The roll-out of 5G services, expected in the latter part of the year, will enable a new realm in the quality of services as well as new types of services, he said.

www.outlookindia.com

I feel like 5G is more relevant for industrial purposes than for us common folks.
Any movie or download is fast enough on 4G with streaming facing no buffering. Will it be worth the extra hardware and subscription cost?

 

[Dark Sorrow]

I feel like 5G is more relevant for industrial purposes than for us common folks.
Any movie or download is fast enough on 4G with streaming facing no buffering. Will it be worth the extra hardware and subscription cost?

Not really. In industrial setting people prefer wired connectivity (over copper or fiber) over wireless due to security, reliability. stability and wired connection are just economical.
In any industrial activity people have capital, real-estate and manpower to lay down cables.
Wired solutions are one time effort than it is pain free.

To primary goal of 5G is to increase user (subscriber) density without loss in speed and latency.
Currently 4G has reached it limits and now suffers bottleneck when a large number of users access internet at same time. e.g. In evening when everyone is at home Jio or Airtel's speed bottlenecks.

 

[SKC]

I feel like 5G is more relevant for industrial purposes than for us common folks.
Any movie or download is fast enough on 4G with streaming facing no buffering. Will it be worth the extra hardware and subscription cost?

4G is already offers a very comfotable data speed that suites most of the usage. But the computational speed and network data speed will keep on improving only even if not practical for general use.

Yes it would be more suitable for Industrial and R&D work.

 

[SKC]

Not really. In industrial setting people prefer wired connectivity (over copper or fiber) over wireless due to security, reliability. stability and wired connection are just economical.
In any industrial activity people have capital, real-estate and manpower to lay down cables.
Wired solutions are one time effort than it is pain free.

To primary goal of 5G is to increase user (subscriber) density.

Not necessarily. industrial work involves a lot of tablet usage along with PC and laptops. And these days most Wi-Fi network provide equivalent speeds and coverage.

 

[Dark Sorrow]

Not necessarily. industrial work involves a lot of tablet usage along with PC and laptops. And these days most Wi-Fi network provide equivalent speeds and coverage.

Wi-Fi is used at the final edge connectivity but that is serviced by wire base backbone network.
WiFi usage is also limited and is mostly used by HMI devices like industrial tablets and industrialist phones.
People use local WiFi rather than cellular service.
To my personal experience industries to prefer wired connectivity.
Most industries are not ready to put their data on internet.

 

[Dark Sorrow]

Yes it would be more suitable for Industrial and R&D work.

Industry be it production and especially R&D are very sensitive for their proprietary data.
People don't transmit such data over public internet.

 

[Varzone]

Industry be it production and especially R&D are very sensitive for their proprietary data.
People don't transmit such data over public internet.

So all those fancy presentations on the global tech summits were a lie?