Indian Economy: News and Discussion

[Abbey]

https://pib.gov.in/PressReleasePage.aspx?PRID=1897799

 

[AMCA]

LOL...

 

[another_armchair]

Arriving in ... 3..2....1..

 

[Abdus Salem killed]

I hope and pray to god we start the fking extraction

 

[FalconSlayers]

For real? India should then become completely self sufficient in Lithium production if this is true. The number itself is one of the highest in the world with most data sites claiming Chile to be highest with some 8-9 million tonnes.

 

[sauntheninja]

For real? India should then become completely self sufficient in Lithium production if this is true. The number itself is one of the highest in the world with most data sites claiming Chile to be highest with some 8-9 million tonnes.

Before some environmentalists talk about preserving the ecosystem

 

[Love Charger]

Bimar is a black hole with no future. Unless textile factories are mass built in Bimaru states they will continue to suck taxes from other states.

Ye india Chan nai hai
Thoda aitehaat aur tehzeeb se apne khyalon ka izhar Karein

 

[Cheepek]

Although not India, but do watch if have time.

How China escaped the poverty trap

How do organisations effectively transform themselves to cope with changing environments? Yuen Yuen Ang presents a new way to think about building adaptive c...

www.youtube.com

 

[Shuturmurg]

For real? India should then become completely self sufficient in Lithium production if this is true. The number itself is one of the highest in the world with most data sites claiming Chile to be highest with some 8-9 million tonnes.

This is inferred resources, means ore.

Depends on quality of ore, on how much is actual lithium.
Here is a report from canada, from their even larger discovery this year :

E3 Lithium Outlines 23.4 Mt LCE Inferred Mineral Resource in Consolidated Bashaw District

CALGARY, AB, July 11, 2022 /CNW/ - E3 Lithium (TSXV: ETL) (FSE: OU7A) (OTCQX: EEMMF) (the "Company" or "E3 Lithium" or "E3"), Alberta's leading lit...

www.juniorminingnetwork.com

For them total lithium was around 1/4.8th of ore, so even if its 1/5th in case of India, India will still have 6th largest reserves from this one discovery. Enough to supply our domestic EV industry plans, provided there is no other catch.

 

[Abbey]

PM to inaugurate Uttar Pradesh Global Investors Summit 2023 today

Uttar Pradesh: Global Investors Summit : Everyone will invest in Uttar Pradesh, Hindujas - Times of India

India Business News: Lucknow: Minutes after landing at Lucknow airport in their 10-seater ultra luxurious private jet Dassault Falcon 2000, the Hinduja brothers lauded Chi.

timesofindia.indiatimes.com

 

[Haldilal]

Ya'll Nibbiars The Air India finalises deal with Airbus for buying around 250 aircrafts.

 

[iNorthernerOn9]

For those still in doubt... spoke with a friend who is metallurgy engineer...

You people can see "G3" written in brackets in the Lithium related news

G3 means a higher quality ore which is feasible for extraction

(&he also said they should have avoided mentioning G3 in news... it will draw attention in a big way from those who understand what it means)

 

[FalconSlayers]

This is inferred resources, means ore.

Depends on quality of ore, on how much is actual lithium.
Here is a report from canada, from their even larger discovery this year :

E3 Lithium Outlines 23.4 Mt LCE Inferred Mineral Resource in Consolidated Bashaw District

CALGARY, AB, July 11, 2022 /CNW/ - E3 Lithium (TSXV: ETL) (FSE: OU7A) (OTCQX: EEMMF) (the "Company" or "E3 Lithium" or "E3"), Alberta's leading lit...

www.juniorminingnetwork.com

For them total lithium was around 1/4.8th of ore, so even if its 1/5th in case of India, India will still have 6th largest reserves from this one discovery. Enough to supply our domestic EV industry plans, provided there is no other catch.

For those still in doubt... spoke with a friend who is metallurgy engineer...

You people can see "G3" written in brackets in the Lithium related news

G3 means a higher quality ore which is feasible for extraction

(&he also said they should have avoided mentioning G3 in news... it will draw attention in a big way from those who understand what it means)

I guess entirety of the reserves mentioned are extractable.

 

[afako]

Dunno which thread to put in but but......

 

[Blademaster]

Dunno which thread to put in but but......

A broken clock is right twice a day.

 

[FalconSlayers]

2 yrs after the approval of chip subsidies, all the 3 major projects are basically dead. Govt only had money for one and says all of earlier proposals are "flimsy". Two years of faffing around, and now looking for new suitors when the demand is falling.

India likely to invite more companies to set up semiconductor units

Govt said to be in advanced talks with four global chip makers to set up fabs

economictimes.indiatimes.com

 

[jai jaganath]

Dunno which thread to put in but but......

Our plate is adjacent to their's so might be he is true if yes then it's gonna give a big economic setback along with loss of human life
I am not expert just saying

 

[NotASussyBoi]

Dunno which thread to put in but but......

Huh , heard of some propheszier hub bub saying that some parts of my city will be levelled into a plain area due to earthquake

 

[here2where]

Gold vs Sensex over 20 yr period -

Sensex -

Gold -

The noob in me thinks "when stocks goes up, gold should come down" .
Aside of US Fed actions, does this trend indicate increased liquidity/affluence?

Experts - pls clarify.

 

[NutCracker]

Dunno which thread to put in but but......

Weird lines.. cant correlate it with tectonic plates.
might just be bullshit