Indian Economy: News and Discussion

Shuturmurg

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How the hell does US FDA have so much control over a foreign country's pharma factories? US is not even the biggest market out there.
Because US FDA is considered gold standard of certification. Without that you cannot export to North American market, and will have impact on even european market access.
FDA is most well funded drug regulatory agency in world. Not all chunnu munnu countries can afford to go and inspect every factory in some developing country, hence they refer to FDA report.
 

rone

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Define "something else" :notsure:

Anyway if the CPI wants those Adani port moneys to keep rolling in they will do the needful, a good lathi charge will disperse the "crusaders" and for their cassock wearing masters there is perhaps a treasure trove of scandals waiting to be exposed :troll:

Central govt will stay as far away from this mess as possible, not that it is directly involved anyway

View attachment 184353

Kudankulam Nuclear Plant crusader protestors from back in 2012 are still feeling the effects of court cases today


It all depends on how serious CPI is to make money, the State elections were also last year so 4 years is a long time to do image management.
Something else means this will elove in to much deeper hard hate towards central government especially BJP and keep BJP lead Kerala government dream for another decade, plus the Christian who side neutral change the position and side with pisslam fools ( even pisslam fools are the one who mass converting Christian women's and sending them to isis as sex slaves and more...) as of now Christians in Kerala more sides with Hindus than pisslams you can see this support in last Sabarimala issue and love jihad protests, further more enforcing law of iron hand never going to workout in Kerala because even Dictator Indira try to silence voice from South she failed miserably in Kerala and it leads to incubation of Maoists and party village's, so do you thing having another risky place like J&K in South crown is more important than solving issues by logical means?
 

FalconSlayers

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Why isn't Indian government trying to get included into global indices? Why don't make INR Fully convertible as it also is hindering India's growth in international financial services sector.
 

NutCracker

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Why go through Baku? Skip Baku and head directly to Iran from Russia.
Or just use land route , though There will be Armenia in between Iran and Russia ... and war affected area

but we should better skip caspian sea for faster land route.

Shipping via waters cost 1/2 of train, but land route looks good enough to compensate for price diff.
 

SilentlAssassin265

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Or just use land route , though There will be Armenia in between Iran and Russia ... and war affected area

but we should better skip caspian sea for faster land route.

Shipping via waters cost 1/2 of train, but land route looks good enough to compensate for price diff.
Not good from security point of view, Georgia is western vessel state and Armenia can be invaded any time
 

Haldilal

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Ya'll Nibbiars

1 . The Tube Investments of India intends to build a Cold Rolled Steel Strips CRSS factory with a capacity of 10,000 tpm in Malegaon, Maharashtra's Nashik district. The Tube Investments was seeking environmental certification for the project. And the Work on the project was set to begin in March 2023. The contractor and machine supplier are expected to be finalised by February 2023.

2 . The Anthea Pharma is building a pharma unit for producing injections at Pashamylaram village, Medak district, Telangana. The new unit will manufacture five lakh each of Famotidine injections, Bumetadine injections, Acyclovir injections and propofol injections every month.
 

Haldilal

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Ya'll Nibbiar

The L&T Energy Hydrocarbon bags two offshore contracts.

The first contract was bagged from British Gas Exploration and Production India Limited a Shell Plc group company for Engineering, Preparation, Removal and Transportation of five offshore Wellhead Platforms and associated facilities at the Tapti field, off India’s west coast, which is being operated by the Joint Venture of BGEPL, ONGC, and RIL.

The second contract was from Oil and Natural Gas Corporation ONGC for balance works of Pipeline Replacement Project-VI Project PRP-VI. The scope involves laying of approx. 42 kms subsea pipelines and associated subsea works across India’s west coast offshore fields of ONGC.
 

asaffronladoftherisingsun

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Now russia has has sent BHARAT a 14 pages-long list of more than 500 products for potential delivery including parts for cars, aircraft and trains, four sources familiar with the matter said, as sanctions squeeze Russia's ability to keep vital industries running

1669787456525.png


Foreign Minister Jaishankar on recent visit to russia pressed hard on the mounting trade deficit with russia since our oil purchases have gone up. This list will reduce the deficit and restore normal levels.
 

FalconSlayers

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GDP at Current Prices in H1 2022-23 is estimated at ₹130.26 lakh crore as against ₹107.47 lakh crores during the corresponding period of previous year, showing a growth of 21.2 percent in H1 2022-23 as against 25.0 percent during the same period last year.

Lmao, Nimo Tai should privatise the Finance Ministry, all of their tall "muh capex, muh PLI, muh FDI" is a joke. This is beyond disgusting.
Screenshot 2022-11-30 at 6.14.20 PM.png

Manufacturing contracted by 4.3% !!! o_O
There will still be IT cell coolies who'll be ignoring these these things on their timeline, India's manufacturing sector is a joke right now, barely growing and now it has contracted, no wonder you find more people running rickshaws, and roadside shops and being hawkers instead of working in factories.
 

AK047

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At this point if anyone thinks Modi has any idea on how to achieve decent growth, they are being delusional. The economy is just growing on autopilot. Another masterstroke
Nope 6.3 percent growth is quite decent considering the fact there is no boost this quater due to lower base as was the case in q1. And this growth has been achieved in the midst of a global recession coupled with a ever agressive US fed. So the RBI is forced to follow suit and sacrifice growth by boosting repo rates.
 

FalconSlayers

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Nope 6.3 percent growth is quite decent considering the fact there is no boost this quater due to lower base as was the case in q1. And this growth has been achieved in the midst of a global recession coupled with a ever agressive US fed. So the RBI is forced to follow suit and sacrifice growth by boosting repo rates.
Bhery bhery decent, so much so that 10% depreciation of INR never occurred, Nominal GDP growth over last year would be 1-2%. Would be most likely $3.3 trillion at this pace. The economy literally is on autopilot. This is what will continue, snail pace growth which doesn't mean shit.
 

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