Indian Economy: News and Discussion

[BlackViking]

Isse bhi ticket chahiye kya?

 

[DG7867]

People don’t like two wheelers much, it has no future here.

I wouldn't completely agree here.. most households escaping poverty (newly entered middle class) buy 2 wheelers, same way as 1st time car buyers.. I expect this trend to continue for another 20-30yrs atleast

 

[FalconSlayers]

Isse bhi ticket chahiye kya?

 

[sauntheninja]

I wouldn't completely agree here.. most households escaping poverty (newly entered middle class) buy 2 wheelers, same way as 1st time car buyers.. I expect this trend to continue for another 20-30yrs atleast

Yeah That's why i thought the declining sales are a concern

 

[FalconSlayers]

Ya’ll Nibbiars

Indian economy to grow at 11% in FY'22: Crisil

While exports are recovering well for large industries, and agriculture and allied sectors, they remain weak for labour-intensive, small-enterprise driven segments such as gems and jewellery, garments, and leather products because of their discretionary nature.

economictimes.indiatimes.com

 

[FalconSlayers]

Ya’ll Nibbiars

OECD interim economic outlook pegs India's GDP growth at 12.6% in FY22

Indias GDP is expected to grow at 5.4% in the following financial year, owing to faster rebound of several large emerging-market economies, the global body said in its interim economic outlook Tuesday.

economictimes.indiatimes.com

 

[FalconSlayers]

Ya’ll Nibbiars

Reliance Jio launches Jio Business services to tap 50 million MSMBs in India - ET Telecom

Reliance Jio: This new service by Jio provides three kinds of benefits to businesses--enterprise-grade fiber connectivity with voice and data services, digital solutions, and devices for leveraging digital solutions.

telecom.economictimes.indiatimes.com

 

[FalconSlayers]

Ya’ll Nibbiars

Sensex Ends Above 51k; Nifty Nears 15,100

(RTTNews) - Indian shares rose sharply on Tuesday despite mixed global cues. Dollar weakness, easing bond yields and expectations for a swifter economic recovery helped markets reverse their earlier losses. Rating agency Crisil today said it expects the Indian economy to grow 11

www.nasdaq.com

 

[FalconSlayers]

Ya’ll Nibbiars

Reliance Jio introduces new fiber broadband plans for small, medium businesses

The company aims to provide enterprise-grade Fiber connectivity that offers voice and data services at comparatively lower prices

www.livemint.com

 

[FalconSlayers]

Ya’ll Nibbiars

EESL invites private players to boost sales across product categories - ET EnergyWorld

The company will empanel Corporate Sales Agencies, Direct Sales Agencies, Dealers & Retailers and other Demand Aggregators, including Energy Service C..

energy.economictimes.indiatimes.com

 

[sauntheninja]

Ya’ll Nibbiars

OECD interim economic outlook pegs India's GDP growth at 12.6% in FY22

Indias GDP is expected to grow at 5.4% in the following financial year, owing to faster rebound of several large emerging-market economies, the global body said in its interim economic outlook Tuesday.

economictimes.indiatimes.com

5.4% seems to where we will plateau in growth needs to atleast be 7% to achieve our goals minimum

 

[FalconSlayers]

5.4% seems to where we will plateau in growth needs to atleast be 7% to achieve our goals minimum

It will be, it is just a projection, for now one thing is clear we will grow 10%+ this year.

 

[Spindrift]

Lockdown effect, a lot of people were struck at their place of work due to suspension of public transport. Some hired taxis at exorbitant rates to travel to their respective hometowns.
They are the ones who are driving the car sales. This lockdown has knocked some sense about owning a car into the public vehicle aficionados also.

I concur, I am one of those people. I hired taxis to travel to my home town even after public transport resumed services.

 

[Illusive]

 

[FalconSlayers]

We should invite Aircraft Manufacturers to set up Component manufacturing plants here in India, as well as some assembly Plants too... Will give a huge multiplier effect to Indian Economy, Tesla Gigafactory is under pipeline which initially will manufacture more of its Batteries and Innovative Solar solutions and less Cars.

 

[Illusive]

Also Industrial robot manufacturing is a really big space dominated by Japan and Europe.

 

[sauntheninja]

Also Industrial robot manufacturing is a really big space dominated by Japan and Europe.

Aren't these things what high income countries specialise in we can't directly jump to manufacturing these complex things even china finds it hard to break into the market

 

[Shredder]

Fuck It.

What is the use of us getting worried us CCP attempts at our power grid/IT assets. More blood pressure. If the f1ucking decision makers do not feel it, then what is the use.

IF true, looks like we are back to having CCP entities back (may be part of deal).

Gonna track this. If true, my broadband and cellular is shifting to Jio, hopefully they don't use Chicom equipment.

 

[sauntheninja]

India could be back as the world's fastest growing economy this year

After plunging into recession for the first time in nearly a quarter of a century, India's economy should come roaring back to life in 2021.

edition.cnn.com

 

[tsunami]

Low base pushes passenger vehicle retail sales up 10.6% in Feb; two-wheelers down 16.08%

Sales had grown for the first time in this fiscal in December only to decline again in January

www.businesstoday.in

Any idead why two wheeler sales are going down each month?

I believe there is a saturation in 2 wheeler market. 4 wheeler is still a dream for millions and each month 1000s are becoming capable. 2 wheeler is already available to most.