Indian Economy: News and Discussion

[aditya10r]

Kaash Manmohan Singh ji aaj PM Hote huihuihui

Stock markets went from 21000 in January 2008 to 9000 in February 2008.

Kaash manmohan ji PM na bane hote

Huihuihuihuihui.

_________________________________________

(I got your sarcasm)

 

[sorcerer]

PAL-V looking at India to set up flying cars assembly line for Asia
14 hours ago
0 33 Less than a minute

Flying cars are no longer a fairy tale. They are a reality now with the Netherlands based PAL-V International BV, which is engaged in the development of the world’s first commercial personal land air vehicle, gearing up to deliver flying cars to its customers and herald a new chapter in mobility.

https://timesofindia.indiatimes.com...sembly-line-for-asia/articleshow/74543124.cms

 

[sorcerer]

FACT crosses production milestone

The public sector FACT witnessed improved performance by crossing one million mark in production, dispatch and sales of fertiliser by the first week of March.

A press release said that the oldest large-scale fertiliser manufacturer in India has crossed ‘seven digit’ production and sales mark after a gap of 19 years.

 

[south block]

You are absolutely correct Most Poor People travel in LUXURIOUS CARS AND PLANES no-doubt it helps poor.

are you trying to be sarcastic --- funny Hain! if you are --- than you are doing quite a poor job.

 

[south block]

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..

Russians FM has said they have enough money to fund there budget for next 4 years even if oil slip below 30$ USD.

 

[south block]

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

Stock market is not real economy.

 

[Indx TechStyle]

are you trying to be sarcastic --- funny Hain! if you are --- than you are doing quite a poor job.

He actually isn't.
Rich and upper middle class middle class and not poor people account for most of petrol consumption.

 

[Indx TechStyle]

Stock market is not real economy.

It's about gains of a certain section though.

 

[south block]

He actually isn't.
Rich and upper middle class middle class and not poor people account for most of petrol consumption.

Lol higher oil prices means higher transportation cost of goods --- higher fertilizer cost --- if govt Don't subsidise or intervene --- poor people are the worst affected generally.

 

[south block]

It's about gains of a certain section though.

Of course for 0.001% of pop to be precise & next 1% with delusions of grandeur :biggrin2:

 

[Akshay Fenix]

The drop is oil prices is only for a few days, it's not like Dharmendra Pradha will sign a deal for 30$ a barrel tomorrow at 9am from OPEC mandi. Doesn't work that way.

Calm your tits. Doesn't affect us 1 bit unless it stabilizes at 30 for the next 6mths.

 

[no smoking]

Not necessarily true.
For businesses, it's all about the bottom line.
Right now, China offers the best bang for buck.
If an alternative crops up, the natural greed of businesses would ensure the alternative being nurtured and grown.
Alternatively, if supply chains are affected, businesses will look for alternatives.
in my opinion, It's all about money.

No, you don't get what I mean: no one will ever get a monopoly position in manufacturing any more. The global supply chain will be split by multi countries. Just like those factories moving out of China now, they are not absorbed by a single country but several countries. India will have a small part of it. Why? Because India is not providing a price that no one can reject. In last 90s, when our purchase officer was looking for supplies, Chinese was only asking 1/14 of the price offered by South Eastern Asians. This price was so competitive even after the compensation of their terrible quality.

 

[f3243007008]

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

Looks China performance is best , China is totally control the corona.

 

[Haldiram]

He actually isn't.
Rich and upper middle class middle class and not poor people account for most of petrol consumption.

It isn't about direct petrol consumption. Petrol prices affect the transportation cost of commodities like vegetables, milk, public transport, which is overwhelmingly costly for poor people, compared to middle class people. A poor person spends a higher amount on his energy needs (as a % of his income) compared to a middle class person. He may not be owning a vehicle but indirectly the petrol price is getting added to the things he purchases.

For a rich person, his fuel costs are not even a single digit % of his income. For a middle class, he may be spending 10% on fuel. A poor person indirectly spends upto 30% of his income on fuel expenses alone, even without owning a vehicle. For a middle class person, Tur Daal going from 50rs/kg to 80rs/kg due to petrol is an inconvenience. For a poor person, his monthly budget gets knocked out.

Conversely, for every 1$ fall in oil price per barrel, India saves 10,000 crores in fiscal deficit every year. It's good for our economy.

There has always been an inverse relationship between oil prices and global GDP. Cheaper energy means humans can move around man and material more freely.

 

[f3243007008]

It isn't about direct petrol consumption. Petrol prices affect the transportation cost of commodities like vegetables, milk, public transport, which is overwhelmingly costly for poor people, compared to middle class people. A poor person spends a higher amount on his energy needs (as a % of his income) compared to a middle class person. He may not be owning a vehicle but indirectly the petrol price is getting added to the things he purchases.

For a rich person, his fuel costs are not even a single digit % of his income. For a middle class, he may be spending 10% on fuel. A poor person indirectly spends upto 30% of his income on fuel expenses alone.

If you want to develop an export economy, low oil prices are not a good thing because it means that world demand is weak.
Oil prices at $ 40-50 are best for India

 

[Craigs]

If you want to develop an export economy, low oil prices are not a good thing because it means that world demand is weak.
Oil prices at $ 40-50 are best for India

Oil is now in a supply glut so such equations don't make sense until the supply gets tighter again.

 

[Haldiram]

If you want to develop an export economy, low oil prices are not a good thing because it means that world demand is weak.
Oil prices at $ 40-50 are best for India

Low oil CONSUMPTION means that demand is weak. The low oil PRICES right now are not a result of low consumption, but a result of Saudis deciding to increase production and decrease prices.

If the oil price decreased because people were using it less, that would be a different scenario. This price fall is purely because of a tariff war. The consumption remains the same and might even go up, due to low prices.

 

[f3243007008]

Low oil CONSUMPTION means that demand is weak. The low oil PRICES right now are not a result of low consumption, but a result of Saudis deciding to increase production and decrease prices.

If the oil price decreased because people were using it less, that would be a different scenario. This price fall is purely because of a tariff war. The consumption remains the same and might even go up, due to low prices.

Yes , you are right.

The root reason is demand is not enough.

And Russia is uncomfortable at USA sold a lot of oil without Production reduction agreement ， but Saudis & Russia need Production reduction , Russia feels unfair.

So Russia refuse Production reduction ,so Saudis followed.

The oil price collapse.

 

[f3243007008]

Some of my thoughts on India's strategic choices

India has never chosen the right one on the strategic line since the founding of the country. A country that has gone further and further on the wrong path, yet still feels good and has no sense of crisis? Didn't this remind him instead? In the early days of the founding of India, India's foundation was better than that of New China. However, he chose not to align between the two camps of the United States and the Soviet Union.

In the 1960s, they fought another battle with China. If it were not for the missile crisis that forced China to retreat, India would probably be wiped out, and even the third world leader would not be considered.

The 1970s and 1980s continued to be confused and not far from the US-Soviet relations, allowing China to seize the opportunity to turn to cooperation with the US
India only gradually opened up in the 1990s, but it has long missed a new round of global industrial division of labor.

Until recently the United States intervened in the Asia-Pacific region. India thought it was time to follow the Indo-Pacific Strategy. Not knowing that the United States is now not strong in foreign powers anymore , it can only talk big and give small money. I don't know if India will be sold.

Then there is the construction of the Asia Free Trade Zone. In the case of other countries making huge concessions, India still does not sign a contract, and once again missed the opportunity of industrial restructuring in Asia. Modi has always said that the economy is rising, but there is no industry as a foundation and no foreign trade. Guaranteed, what about the rise? In the future, India's position can only be a dumping market for international goods.

India is such a country that has the self-confidence and erratic position, and will always be immersed in its own world.

If India want to rise , need revolution.

 

[sorcerer]

Some of my thoughts on India's strategic choices

India has never chosen the right one on the strategic line since the founding of the country. A country that has gone further and further on the wrong path, yet still feels good and has no sense of crisis? Didn't this remind him instead? In the early days of the founding of India, India's foundation was better than that of New China. However, he chose not to align between the two camps of the United States and the Soviet Union.

In the 1960s, they fought another battle with China. If it were not for the missile crisis that forced China to retreat, India would probably be wiped out, and even the third world leader would not be considered.

The 1970s and 1980s continued to be confused and not far from the US-Soviet relations, allowing China to seize the opportunity to turn to cooperation with the US
India only gradually opened up in the 1990s, but it has long missed a new round of global industrial division of labor.

Until recently the United States intervened in the Asia-Pacific region. India thought it was time to follow the Indo-Pacific Strategy. Not knowing that the United States is now not strong in foreign powers anymore , it can only talk big and give small money. I don't know if India will be sold.

Then there is the construction of the Asia Free Trade Zone. In the case of other countries making huge concessions, India still does not sign a contract, and once again missed the opportunity of industrial restructuring in Asia. Modi has always said that the economy is rising, but there is no industry as a foundation and no foreign trade. Guaranteed, what about the rise? In the future, India's position can only be a dumping market for international goods.

India is such a country that has the self-confidence and erratic position, and will always be immersed in its own world.

If India want to rise , need revolution.

Well nice copy paste job from your propaganda department.'.
Dont sell such "REVOLUTIONARY" ideas here boy