Indian Economy: News and Discussion

[another_armchair]

 

[another_armchair]

 

[RDXChauhan]

https://www.moneycontrol.com/news/b...may-sees-49-year-on-year-growth-12738744.html

 

[ezsasa]

View attachment 256093

would be nice if there were comparative charts for other countries for similar products.

 

[SKC]

This true ?

 

[another_armchair]

would be nice if there were comparative charts for other countries for similar products.

IMO the rise has been 3.x higher or more in US and EU.

We in India were largely insulated from roaring food inflation that the West saw particularly after Russia invaded Ukraine.

A lot of shorts including posts on Twitter to this day talk about how expensive food has become in the US and the burger patty at McD has become a third of what it used to be. People cribbing about what $10 fetches them and how they hardly have any money left working 5-6 hours after factoring in cost of a meal and gas.

But but.. India being India, #MudiShudRejine.

 

[another_armchair]

This true ?

If Adani pack tanks 30% in a month over a controversy, so will his 'paper' net worth.

 

[ezsasa]

IMO the rise has been 3.x higher or more in US and EU.

We in India were largely insulated from roaring food inflation that the West saw particularly after Russia invaded Ukraine.

A lot of shorts including posts on Twitter to this day talk about how expensive food has become in the US and the burger patty at McD has become a third of what it used to be. People cribbing about what $10 fetches them and how they hardly have any money left working 5-6 hours after factoring in cost of a meal and gas.

But but.. India being India, #MudiShudRejine.

yup... this clip is getting a lot of traction past week.

======
this little girl from England is outraged by the rise in the price of ice cream and reacts to it in a native British manner

 

[another_armchair]

yup... this clip is getting a lot of traction past week.

======
this little girl from England is outraged by the rise in the price of ice cream and reacts to it in a native British manner

Haha.. wild kid.. saw this trending a few days back.

 

[ezsasa]

Haha.. wild kid.. saw this trending a few days back.

amplification well timed for UK elections next month.

 

[Blackmamba]

would be nice if there were comparative charts for other countries for similar products.

Here
Prices by Country of McMeal at McDonalds (or Equivalent Combo Meal) (Restaurants) (numbeo.com)
Search:

Rank	Country	McMeal at McDonalds (or Equivalent Combo Meal)
1	Switzerland	16.62
2	Israel	14.79
3	Denmark	13.82
4	Norway	12.37
5	Luxembourg	11.94
6	Netherlands	11.94
7	Canada	11.00
8	United States	11.00
9	Uruguay	11.00
10	Austria	10.86
11	Belgium	10.86
12	Finland	10.86
13	Italy	10.86
14	Germany	10.86
15	France	10.86
16	Malta	10.29
17	Venezuela	10.00
18	Australia	9.99
19	Greece	9.77
20	Ireland	9.77
21	Spain	9.77
22	Costa Rica	9.60
23	United Arab Emirates	9.53
24	Sweden	9.50
25	New Zealand	9.23
26	United Kingdom	8.92
27	Mexico	8.83
28	Portugal	8.69
29	Slovakia	8.69
30	Estonia	8.69
31	Bulgaria	8.32
32	Slovenia	8.31
33	Chile	8.17
34	Cyprus	8.14
35	Panama	8.00
36	Czech Republic	7.91
37	Georgia	7.89
38	Serbia	7.86
39	Palestine	7.80
40	Oman	7.79
41	Hungary	7.79
42	Lithuania	7.79
43	Armenia	7.73
44	Qatar	7.68
45	Azerbaijan	7.65
46	Poland	7.62
47	Latvia	7.60
48	Croatia	7.60
49	Albania	7.55
50	Nepal	7.49
51	Saudi Arabia	7.46
52	Kuwait	7.43
53	Singapore	7.39
54	Colombia	7.26
55	Bolivia	7.23
56	Jordan	7.05
57	Ecuador	7.00
58	Cuba	6.92
59	Kazakhstan	6.72
60	Brazil	6.67
61	Sri Lanka	6.65
62	Romania	6.54
63	Turkey	6.51
64	Iraq	6.11
65	Morocco	6.04
66	Argentina	6.00
67	Nigeria	5.99
68	South Korea	5.78
69	Hong Kong (China)	5.75
70	Bosnia And Herzegovina	5.55
71	Thailand	5.45
72	Mauritius	5.43
73	Kenya	5.36
74	Peru	5.34
75	China	5.21
76	North Macedonia	5.12
77	Ukraine	4.94
78	Belarus	4.89
79	Tunisia	4.81
80	Japan	4.77
81	Taiwan	4.74
82	Vietnam	4.72
83	South Africa	4.52
84	Russia	4.42
85	Bangladesh	4.26
86	Egypt	4.23
87	India	4.19
88	Libya	4.13
89	Iran	4.00
90	Uzbekistan	4.00
91	Algeria	3.85
92	Malaysia	3.82
93	Pakistan	3.60
94	Philippines	3.42
95	Indonesia	3.08

 

[Haldilal]

Ya'll Nibbiars The Energy Sector is booming, another tens of thousands of crore of potential Investment.

 

[NutCracker]

would be nice if there were comparative charts for other countries for similar products.

IMO the rise has been 3.x higher or more in US and EU.

We in India were largely insulated from roaring food inflation that the West saw particularly after Russia invaded Ukraine.

A lot of shorts including posts on Twitter to this day talk about how expensive food has become in the US and the burger patty at McD has become a third of what it used to be. People cribbing about what $10 fetches them and how they hardly have any money left working 5-6 hours after factoring in cost of a meal and gas.

But but.. India being India, #MudiShudRejine.

Couldn't find 2019 graph. But US looks pretty normal 8-13% CAGR like ours.

View attachment 256126

 

[HeavyMonkeyBalls]

On a lighter note, hope they didn't forget to check her pussy as well. Trump FTW.

Mods

 

[MuffleParch]

This true ?

Good. Adani deserves it. He takes huge risks and many of his projects are critical for the progress of the country.

 

[another_armchair]

 

[another_armchair]

@NutCracker NHAI had decided to hold off the hike till end of elections.

These chaps need to slow down a little.

 

[sauntheninja]

@NutCracker NHAI had decided to hold off the hike till end of elections.

These chaps need to slow down a little.

Have they given a reason for why are they doing this

 

[nongaddarliberal]

IMO the rise has been 3.x higher or more in US and EU.

We in India were largely insulated from roaring food inflation that the West saw particularly after Russia invaded Ukraine.

A lot of shorts including posts on Twitter to this day talk about how expensive food has become in the US and the burger patty at McD has become a third of what it used to be. People cribbing about what $10 fetches them and how they hardly have any money left working 5-6 hours after factoring in cost of a meal and gas.

But but.. India being India, #MudiShudRejine.

Inflation in the west is more than double their official figures. It's easily 10-15%. Every category of consumer goods and services is rising at that rate, including groceries and rent. Their official figures intentionally muddle up stats by being extremely inconsistent with what products they're measuring the price of.

Taking their real inflation into account, they are already in recession since real growth is negative. All their GDP growth figures are bogus.

 

[another_armchair]

Have they given a reason for why are they doing this

Annual tariff hike ritual just like Bangalore landlords - 5% hike every year.