Indian Economy: News and Discussion

f3243007008

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The machine pic is only for representation prurpose it's not the actual machine and my uncle has 15 unit of these single machine.
I mean the gap between the sales price and the cost your relative spend is very big.

And the picture you show is a Japanese brand , Tajima

Not a Chinese brand.

The Chinese brand is less than 90000RMB.
 
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Suryavanshi

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I mean the gap between the sales price and the cost your relative spend is very big.
His was a different model all together.
And the price be quoted includes tax, installation, peripherals and Transportation.
 

f3243007008

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His was a different model all together.
And the price be quoted includes tax, installation, peripherals and Transportation.
International brands include ZSK in Germany, Behringer or Tajima in Japan
the picture you show is a Japanese brand , Tajima
Not a Chinese brand.

From the perspective of Chinese embroidery machine brands, there are Delta (Northern Skybird) in the north; Qingdao Eagle Wheel; Raomei, Fuyi, Tianhong, Aoyu, and Exhibition Arts in the south; Yongxin in Fujian; Shanggong, Standard, Finnish Shida; Zhangjiagang has Tongli, let alone Zhejiang, not to mention, especially Taizhou, Dongyang, Zhuji and other places in Zhejiang have become an important and concentrated manufacturing base for Chinese embroidery machines, and have become the pillar industries of local industry. According to relevant authoritative data, there are currently 150 well-known embroidery machine manufacturers in China.
 
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Haldiram

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SBI/ALL BANKS PROMISE u to give 3% interest and 7% in case of FD they fulfill their PROMISE 100% means you have 0%(YES ZERO) RISK.

Sbi invest in mallya's or isis is none of your business.... Nobody forced anyone to put money in Sbi/any banks u can WITHDRAW EACH PENNY whenever u want.
Yes bank se withdraw kar ke dikhao fir. Punjab Maharashtra bank se withdraw kar ke dikhao.

SBI is kept afloat because the gormint keeps giving them taxpayer's money to stay alive. Even when you withdraw from SBI, the extra money that the gormint prints to refinance banks gets added to your inflation.

And everyone cannot withdraw their money at the same time, during a crisis. The bank only has 5-10% money with them as reserves which they use to settle daily withdrawal requests, because they expect withdrawals to be lower than that. The rest of the money is lent out and not with the bank for geniuses like you to withdraw "anytime".

When 20-30-50% of a bank's customers suddenly try to withdraw money, the bank collapses, that is why the gormint has to freeze it like it froze Yes Bank and PMC.

upload_2020-3-9_8-9-40.png
 

Satchidananda369

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The India develop mainly depend on the oil price , if oil price is high , india develop will slow down.
If oil price low , India develop will quicker.

So Oil price go down , India people will very happy.
Yes, Thanks to China for the Global Oil Supply Gut, Oil is now under $27 :)

The total fall in oil demand and other macro-economic indicators is a clear proof, that the CPC propaganda media can't hide, of the continued economic collapse in China caused by the epidemic !
 

f3243007008

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Yes, Thanks to China for the Global Oil Supply Gut, Oil is now under $27 :)

The total fall in oil demand and other macro-economic indicators is a clear proof, that the CPC propaganda media can't hide, of the continued economic collapse in China caused by the epidemic !
China pays huge price to control epidemic
 

Coalmine

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Yes, Thanks to China for the Global Oil Supply Gut, Oil is now under $27 :)

The total fall in oil demand and other macro-economic indicators is a clear proof, that the CPC propaganda media can't hide, of the continued economic collapse in China caused by the epidemic !
Some muslims comment like dont buy oil from muslim countries. When we say Hindus shouldnt buy things from muslims after Delhi riots.
Now see if India too stops buying oil, arab world will tank after Usa became self sufficient.
 

Kumata

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Yes, Thanks to China for the Global Oil Supply Gut, Oil is now under $27 :)

The total fall in oil demand and other macro-economic indicators is a clear proof, that the CPC propaganda media can't hide, of the continued economic collapse in China caused by the epidemic !
Oil under 27$ is more because of Russia than anything else. Opec wanted them to cut prod which they did not agreed to and now they are in race to produce more oil...offcourse corona is also playing a bit of role with declined industrial activity...
 

south block

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Most importantly lower oil prices help poor people the most --- if govt is not a D**k.
 

Indx TechStyle

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Services are best way to go, save environment as well as valuable resources --- now if we manage to produce high end goods like high end electronic that will be a good thing for export but ---- one exports to GDP ratio must never cross 10% nor import to GDP ratio ---- domestic consumption driven economy is always the safest bet for real growth in long term --- rest of the world will be tightening India screw the same way they are tightening Chinese right now when you become to strong ---- India need to develop human resources as well as technologies in long run to reduce dependency on foreign maal ---- these foreign maal buying won't generate or bring real wealth ever.
Consumption based economy doesn't have a good track record of reducing your dependency on foreign maal when your fertility falls. Nor it's known have incubated technology in you. Nor giving any geopolitical edge.
 

aditya10r

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Consumption based economy doesn't have a good track record of reducing your dependency on foreign maal when your fertility falls. Nor it's known have incubated technology in you. Nor giving any geopolitical edge.
Plus manufacturing base is highly labour intensive.

Industries(manufacturing sector)keep far more people involved in economic activity than service.

_____________________________________
 

jackprince

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SBI/ALL BANKS PROMISE u to give 3% interest and 7% in case of FD they fulfill their PROMISE 100% means you have 0%(YES ZERO) RISK.
So long the bank is solvent, it does fullfill, because it has to. When it goes bust, it goes bust with your FD too.


Sbi invest in mallya's or isis is none of your business....
So very much my business as it is a public bank. It was founded by taxpayers' money and is funded by our money still. It is not a private bank like Bandhan or Yes Bank. In fact even in Private banks, the contract between customer and the bank is with the security of the money deposited. So if the security is risked by flawed or outright corrupted investments without required rectification, the bank and its officials - be it Public or Private should be punished severely. A man's financial safety is as important as physical safety. If people can be punished severely for endangering physical safety of a person, equal or harsher punishment must be there for willful malpractice by Banks.

Nobody forced anyone to put money in Sbi/any banks u can WITHDRAW EACH PENNY whenever u want.
Wrong. The Modi govt actually forced people to banking system. The question doesn't rise when people can withdraw each penny, but when people aren't able to. Mind it nobody who is a depositor at Yes Bank is asking how the money was invested, but why they cannot get back their own money. Two may look similar as they are linked at the hip, but they are different facts.
 

nongaddarliberal

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...................


How this can help india??????
This is a very good time to stock up our strategic reserves. Additionally, there is no use in India to stop any economic activity or public gatherings due to coronavirus. It will spread all the same, because our public cannot be controlled from travelling. So it would be better for us to continue regular economic activity and take advantage of these low oil prices.
 

Satchidananda369

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If oil really stays this low for long, most US shale oil companies will go bankrupt and US and even Russian oil industry will suffer irreversibly.

Soon expect another fake war / missile strikes / false flag attacks against Saudi / Iranian Oil rigs / tankers like always to ratchet up oil prices back to $42+ break even rate..
 

Indx TechStyle

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Stockmarkets today.

Italy: -10%
Norway: -8.9%
Spain: -7.5%
France: -7.2%
Germany: -7.1%
Netherlands: -7.1%
Saudi: -7.2%
UK: -6.8%
Australia: -6.6%
Indonesia: -6.6%
Sweden: -6%
South Africa: -5.5%
India: -5.4%
Japan: -5%
Turkey: -4.2%
South Korea: -4.2%
China: -3%

But but

Mudi is bad huhuhuhu
Nirmala Tai ko economy samajh nahi aati
Hehe Mudi shuld resign

Kaash Manmohan Singh ji aaj PM Hote huihuihui
 

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