Indian Economy: News and Discussion

shade

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In other news Modiji still being optimistic like that MERE KARAN ARJUN AYENGE woman.


Modiji also gave an interview apparently, it is from yesterday.
 

LondonParisTokyo

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In other news Modiji still being optimistic like that MERE KARAN ARJUN AYENGE woman.


Modiji also gave an interview apparently, it is from yesterday.
He's right about market forces, but the implementation is backwards as hell. Instead of shutting down protests and not allowing things like MSP and stuff, he is caving to everything that is anti-market force.
 

Synergy

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In other news Modiji still being optimistic like that MERE KARAN ARJUN AYENGE woman.


Modiji also gave an interview apparently, it is from yesterday.

golden days of Indian Economy are ahead. we will see unprecedented growth.

please note, $4.5/5T achievable within next 5 years.
 

indus

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He's right about market forces, but the implementation is backwards as hell. Instead of shutting down protests and not allowing things like MSP and stuff, he is caving to everything that is anti-market force.
MSP procurement of Kharif crops is already underway across states. Even after deregulation of mandis, Govt is going to continue with MSP for few years ahead. May be it will develop some new model in the long term because existing system has lot of scope for corruption and loopholes.
 

Kumata

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1. The discussion was not about 'safe'. It was about 'safest'. Relative not absolute.
2. You got it all mixed up because apparantly you didn't care to go through the discussion before reacting to it, neither the first time, nor the second time around.
3. Broadly speaking, you and I do agree on SBI being safest of the lot.
okie..
 

sorcerer

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golden days of Indian Economy are ahead. we will see unprecedented growth.

please note, $4.5/5T achievable within next 5 years.
India has US$ 2.7 trillion untapped export potential in electronic exports: UNCTAD data





Despite the low market share of electronic exports (0.3%), India 's marginal market share in the world market means that India still has an untapped ability to mass produce and export these electronic products to the world market.

India has an untapped export potential of US$ 2.7 trillion in electronic exports, according to the United Nations Conference on Trade and Development (UNCTAD) results.

India's share of key electronic products in global exports is barely 0.3%, while the corresponding figure for Malaysia and Vietnam is estimated at 3% and for Thailand at 2%, according to the latest UNCTAD statistics.

Furthermore, the data show that China is the largest exporter of electronic goods, with a worldwide share of 26%, followed by Hong Kong, with a share of 13%. The other big exporters are South Korea, the USA, Germany, and Japan, with shares of 6.8%, 6.6%, 4.8% and 3.2%, respectively.

Hong Kong 's share has more than doubled from 5.4% to 13% since 1995, while South Korea 's share has risen slightly from 4.9% to 6.8%. The contribution of Vietnam to electronic exports grew from practically zero in 1995 to 2.9%.

Japan and the USA's share of worldwide electronic exports decreased sharply during this time, while Germany's share contracted slightly. During this time, India's share remained steady at around 0.1-0.3%, UNCTAD data shows.

The size of the world market for exports of electronic products is US$ 2.74 trillion, of which India's exports are barely US$ 7.79 billion (0.3%).

Ms. Rupa Naik, Senior Director, MVIRDC World Trade Centre Mumbai, said, “India has the opportunity to capture the huge world market for electronic products because of the shifting global supply chain after the outbreak of pandemic and progressive policy measures such as production linked incentives and SPECS.”

Sauce : Department of Commerce, Ministry of Commerce and Industry, Government of India.
 

Haldilal

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Ya'll Nibbiars Indian policymakers must pay attention to this. India tech stands nowhere compared to this kind of financing power. If anything India has regressed on taxation and regulation, implemented policies that inhibit the growth of the investment / asset management industry.
 

Synergy

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India has US$ 2.7 trillion untapped export potential in electronic exports: UNCTAD data





Despite the low market share of electronic exports (0.3%), India 's marginal market share in the world market means that India still has an untapped ability to mass produce and export these electronic products to the world market.

India has an untapped export potential of US$ 2.7 trillion in electronic exports, according to the United Nations Conference on Trade and Development (UNCTAD) results.

India's share of key electronic products in global exports is barely 0.3%, while the corresponding figure for Malaysia and Vietnam is estimated at 3% and for Thailand at 2%, according to the latest UNCTAD statistics.

Furthermore, the data show that China is the largest exporter of electronic goods, with a worldwide share of 26%, followed by Hong Kong, with a share of 13%. The other big exporters are South Korea, the USA, Germany, and Japan, with shares of 6.8%, 6.6%, 4.8% and 3.2%, respectively.

Hong Kong 's share has more than doubled from 5.4% to 13% since 1995, while South Korea 's share has risen slightly from 4.9% to 6.8%. The contribution of Vietnam to electronic exports grew from practically zero in 1995 to 2.9%.

Japan and the USA's share of worldwide electronic exports decreased sharply during this time, while Germany's share contracted slightly. During this time, India's share remained steady at around 0.1-0.3%, UNCTAD data shows.

The size of the world market for exports of electronic products is US$ 2.74 trillion, of which India's exports are barely US$ 7.79 billion (0.3%).

Ms. Rupa Naik, Senior Director, MVIRDC World Trade Centre Mumbai, said, “India has the opportunity to capture the huge world market for electronic products because of the shifting global supply chain after the outbreak of pandemic and progressive policy measures such as production linked incentives and SPECS.”

Sauce : Department of Commerce, Ministry of Commerce and Industry, Government of India.
and it's just the tip of the iceberg. for now just add machinery and textile to the mix.

I'm not sure why we are not concentrating on toy industry, that much.
 

shade

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PLI to be expanded to more sectors.
 

shade

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and it's just the tip of the iceberg. for now just add machinery and textile to the mix.

I'm not sure why we are not concentrating on toy industry, that much.
We are, some big desi Contract Manufacturer is going to setup a toy manufacturing plant in UP I recently read.
UP and south state have specific schemes/programmes related to toy manufacture.
 

shade

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More info on prospective PLI expansion in relation to API/bulk drug manufacturing.

some analyst from agency called Markit saying India's recovery has started in article below

 

FalconZero

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“Geographically, we set September quarter records in the Americas, Europe and rest of Asia Pacific. We also set a September quarter record in India, thanks in part to a very strong reception to this quarter’s launch of our online store in the country,” Apple CEO Tim Cook said in an earnings call following the announcement of financial results for Q4 2020.
 

Prashant12

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India's forex reserves surge $5.4 billion to all-time high of $560.532 billion

The country's foreign exchange reserves swelled by $5.412 billion to touch an all-time high of $560.532 billion in the week ended October 23, RBI data showed on October 30. In the previous week ended October 16, the reserves stood at $555.12 billion after increasing by $3.615 billion.

During the reporting week, the surge in the forex kitty was mainly on account of an increase in foreign currency assets (FCA), a major component of the overall reserves. FCA rose by $5.202 billion to $517.524 billion, the RBI's weekly data showed.

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. The gold reserves were up by $175 million in the reporting week to $36.860 billion, as per the central bank data.

The special drawing rights with the International Monetary Fund (IMF) rose by $8 million to $1.487 billion. The country's reserve position with the IMF also climbed by $27 million to $4.661 billion during the reporting week, the data showed.

 

sorcerer

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India retains 34th rank in Nation Brand Index, China registers significant fall

New Delhi:
India retained its 34th position among 50 nations in the Nation Brand Index (NBI) 2020 in market research conducted by Ipsos in collaboration with Simon Anholt, an authority on the national image.
"The US which held NBI’s top spot on seven occasions, dropped four positions from sixth place in 2019 to the 10th this year and China, which had remained stable at 23rd over the past four years, fell 12 spots to the 35th this year, below India," the statement said.

 
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Haldilal

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Ya'll Nibbiars Eros Share price is down by 15 percent. Eros doba doba pani mein doba.
Accha hua bada maja aya.

The Titan stock now almost down by 10 Percent. After their Jihadi ads titan is getting the Kicks.
 

shade

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shade

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