Indian Economy: News and Discussion

NutCracker

Senior Member
Joined
Jun 17, 2022
Messages
1,613
Likes
7,650
Country flag
Automobile company 'Stellantis' plans to manufacture it's EVs in India as it can't currently make affordable EVs in Europe. (Reuters)

Europe's buying power will decrease and they will be okay with a little heavier but cheaper Sodium batteries.
Hopefully gap between Sodium and Lithium batteries decrease further .

Lesgoo Ambani kaka..
 

Abbey

Regular Member
Joined
Oct 28, 2022
Messages
891
Likes
2,949
Country flag
Billionaire Gautam Adani is planning to invest more than $4 billion in a petrochemical complex in Gujarat, he said in an interview with the Financial Times on Friday.

Adani, Asia's richest person, plans to launch a "super app" in the next three to six months to connect Adani airport passengers with other Adani Group services, according to the report.


Adani denied that entering the petrochemical industry would put fellow billionaire Mukesh Ambani in direct competition. “There is no competition. India is a huge growth market and everybody is welcome," he added.

Speaking on NDTV acquisition, Adani said he viewed it as a "responsibility" rather than a business opportunity.

According to Gautam Adani, India's economy is expected to grow to $30 trillion by 2050, a nearly 10-fold increase from its current size, as a result of increased consumption and social and economic reforms.

Within the next ten years, the country's gross domestic product may begin to increase by $1 trillion every 12 to 18 months, increasing its appeal as a location for investments, the billionaire predicted at a recent conference in Mumbai. By 2050, he predicted that India's share of the global GDP will be higher than 20 per cent.

The coal-to-ports billionaire reiterated his group's dedication to investing $70 billion in a value chain for clean energy. By 2050, India's energy consumption is predicted to increase by 400 per cent due to economic growth, and the nation will go through an "unprecedented" energy transition to meet this demand, he said.
 

another_armchair

Senior Member
Joined
Feb 28, 2019
Messages
7,471
Likes
36,204
Country flag
With VPN in other country. Well done GOOGLE to make india look bad, they dont like data protection bill and CCI. On the other hand amazon with WaPo. India helping its own enemies.

1669442667624.png


Same result when using a EU based VPN. Collective effort of these rascals.


1669442729233.png


No marks for guessing who is a willing accomplice and a part of this merry band.
 

karn

Senior Member
Joined
Apr 17, 2014
Messages
2,305
Likes
9,607
Country flag
So what is happening here suddenly? We were losing reserves at a rapid rate which according to RBI was used to defend the INR. Sometime in 2021 IMF asked RBI to stop accumulating reserves. They stopped at $642 billion. I thought by the rate at which we were increasing our forex by the end of 2022 I thought it would be $750 billion. Are we back again to buying dollars in open market like before? Current increase in forex is somewhat odd given that we are running very high trade deficit every month.
The RBI claimed that forex was reducing in dollar terms because their non dollar assets were reducing in value.. now it increases because dollar is going down again..
The whole protect rupee saga was speculation by economists.
 

angryIndian

Regular Member
Joined
Feb 26, 2013
Messages
551
Likes
1,453
Country flag
These are all precious minerals. I hope we don't export it. We need this for our own domestic consumption.
Provided the industries are set up in Odisha and not South India or West.The people of Odisha do not benefit even a cent from their mineral resources. There are no jobs for the locals. Simply mining without creating industries and employment opportunities will lead to the alienation and create massive social upheaval.

Central schemes like the Freight equalization policy resulted in the destruction of Odisha's economy. That sort of things should not be repeated again.
 

FalconSlayers

धर्मो रक्षति रक्षितः
Senior Member
Joined
Oct 14, 2020
Messages
21,677
Likes
132,794
Country flag
Just look at Indore. What the F Indore is doing o_O

Its good, we need more of them to make our country safer, chinks are a surveillance communist state so they need it more for both stopping crime and keeping a watch on their population's activities, but its not the appropriate thread for it.
 

Suryavanshi

Cheeni KLPDhokebaaz
Senior Member
Joined
Jun 5, 2017
Messages
13,997
Likes
62,012
Country flag
Provided the industries are set up in Odisha and not South India or West.The people of Odisha do not benefit even a cent from their mineral resources. There are no jobs for the locals. Simply mining without creating industries and employment opportunities will lead to the alienation and create massive social upheaval.

Central schemes like the Freight equalization policy resulted in the destruction of Odisha's economy. That sort of things should not be repeated again.
More reaosn why jsw plant is needed, they supply products to automotive and construction industry.

Now just need to set up primary consumer industries, a automobile and shipbuilding near Bhadrak will be a good start.
 

Ugra Bhairav

Senior Member
Joined
Oct 24, 2021
Messages
1,166
Likes
5,213
Country flag
Its good, we need more of them to make our country safer, chinks are a surveillance communist state so they need it more for both stopping crime and keeping a watch on their population's activities, but its not the appropriate thread for it.
What I meant was How come city like Indore went so futuristic despite there are cities like Bangalore, Hyderabad, Gurugram, Noida, Mumbai, Delhi which are much ahead in infra and Tech.

Good going, First Cleanliness and now implementing Next Gen technology such as Digital Surveillance Technology.
 

Abdus Salem killed

Senior Member
Joined
Mar 10, 2021
Messages
3,988
Likes
15,277
Provided the industries are set up in Odisha and not South India or West.The people of Odisha do not benefit even a cent from their mineral resources. There are no jobs for the locals. Simply mining without creating industries and employment opportunities will lead to the alienation and create massive social upheaval.

Central schemes like the Freight equalization policy resulted in the destruction of Odisha's economy. That sort of things should not be repeated again.
Yeah right it's a country we are running not a tv show industries will go where it's more feasible
It doesn't matter what the local thinks
If they want something they will have to work for it
 

Ugra Bhairav

Senior Member
Joined
Oct 24, 2021
Messages
1,166
Likes
5,213
Country flag
Yeah right it's a country we are running not a tv show industries will go where it's more feasible
It doesn't matter what the local thinks
If they want something they will have to work for it
It is always easy to transport finished product then ore.

End of story.
 

notaname

Senior Member
Joined
Dec 11, 2020
Messages
2,709
Likes
14,047
Country flag
Just look at Indore. What the F Indore is doing o_O

What I meant was How come city like Indore went so futuristic despite there are cities like Bangalore, Hyderabad, Gurugram, Noida, Mumbai, Delhi which are much ahead in infra and Tech.

Good going, First Cleanliness and now implementing Next Gen technology such as Digital Surveillance Technology.
I think its the Indori Bijness community carrying the numbers.
In Indore every major and important minor squares got surveillance cameras with field of view for every side, usually what I have seen is that there are min 5 to 6 cameras for a square, I am being conservative here, then there are more coming up :smile:.

Indore got these much for traffic and smart city project, they have got a central hub from where they can control whole of city's traffic.

And now each and every colony will have surveillance cameras by either colony or municipality.
__________

CCTV cameras will be installed where 100 or more people gather. Its data will be stored for 30 days, which will be monitored from the office of Smart City. The use of this camera footage will be useful from the point of view of the law. For this, we have made by-laws.


सीसीटीवी कैमरे में ऐसा है इंदौर : बाज जैसे नजर रखते है कैमरे

सीसीटीवी कैमरों के मामले में इंदौर की कुछ सड़के तो ऐसी है कि छोटी-छोटी चीजें भी रिकार्ड हो जाती है। पुलिस ने महूनाका से अन्नपूर्णा रोड़ की एक सड़क को ईगल आईकैम नाम दिया है। यहां लगाए कैमरे बाज जैसी नजर रखते है। पुलिस का दावा है कि कैमरे गाड़ी के नंबर भी स्पष्ट रिकार्ड कर लेते है। इसी तरह खजराना चौराहा (थाना तक) छोटा राजवाड़ा (कनाड़िया रोड़) और सराफा में भी कैमरों का जाल बिछा हुआ है।
 

Latest Replies

Global Defence

Articles

Top