Indian Economy: News and Discussion

[Nationalist Manasvi Papa]

Meanwhile me still gaming with a GT1030

Remember my friend,

RGB is the Key to 60 fps.

 

[fire starter]

 

[FalconSlayers]

 

[asaffronladoftherisingsun]

BHARAT's arms imports down by 33 % reveals sipri :

Bharats Defence Exports up from 1,522 Crores in 2016-17 to 9,115 Crores in 2019-20. Now that’s a jump of over 498% in 4 years.

See - https://www.hindustantimes.com/indi...-by-33-says-sipri-report-101615806230302.html

 

[asaffronladoftherisingsun]

Graphics card prices are crazy . no one can afford them .

Best option is 2nd hand gfx cards,hard to find . but its worth it.

Long time back i brought a 2nd hand 9600 GT for only 700 rs. gave it to a friend later and it still works good.

Amd 5600xt or Nvidia 1660 super is enough for 1080p 60 fps for 3 years future proof. DLSS off is must though. Both gpu cost at 21k-25k .

 

[Tactical Doge]

Graphics card prices are crazy . no one can afford them .

Best option is 2nd hand gfx cards,hard to find . but its worth it.

Long time back i brought a 2nd hand 9600 GT for only 700 rs. gave it to a friend later and it still works good.

Even Some AA titles I have to play with Anti aliasing off and sometimes even at 720p

But you know
College khatam ho jaye, Rozgaar mil jaaye, phir Dekhenge

 

[sorcerer]

India oil supplier: US becomes India's second biggest oil supplier, Saudi plunges to fourth spot - Times of India

US becomes India's second biggest oil supplier, Saudi plunges to fourth spot - Times of India

India Business News: The switch in supplies, triggered by lower US crude demand, coincided with Saudi Arabia’s voluntary extra 1 million bpd output cut on top of an agreem

timesofindia.indiatimes.com

 

[ezsasa]

India oil supplier: US becomes India's second biggest oil supplier, Saudi plunges to fourth spot - Times of India

US becomes India's second biggest oil supplier, Saudi plunges to fourth spot - Times of India

India Business News: The switch in supplies, triggered by lower US crude demand, coincided with Saudi Arabia’s voluntary extra 1 million bpd output cut on top of an agreem

timesofindia.indiatimes.com

Saudi oil minister should have kept his mouth shut earlier this month.
=====
Responding to a question on India's pleas, Saudi energy minister Prince Abdulaziz bin Salman at a press conference after the OPEC+ decision on Thursday said New Delhi should take some of the crude out of storage that they had purchased "very cheaply last year".

OPEC ignores India's call; Saudi Arabia asks New Delhi to use cheap oil it bought last year

NEW DELHI: International oil prices rose after OPEC and its allies ignored India's plea to ease production control, with Saudi Arabia asking New Delhi to instea

www.newindianexpress.com

 

[sorcerer]

Saudi oil minister should have kept his mouth shut earlier this month.
=====
Responding to a question on India's pleas, Saudi energy minister Prince Abdulaziz bin Salman at a press conference after the OPEC+ decision on Thursday said New Delhi should take some of the crude out of storage that they had purchased "very cheaply last year".

OPEC ignores India's call; Saudi Arabia asks New Delhi to use cheap oil it bought last year

NEW DELHI: International oil prices rose after OPEC and its allies ignored India's plea to ease production control, with Saudi Arabia asking New Delhi to instea

www.newindianexpress.com

I knew this would happen...as India has a way of responding at the right time with the right response.
We have a different way of retribution.
BTW..Saudi oil minister talked not like a diplomat but like a street vendor in nation to nation matters.
He should have kept his vanity in check

-------------------------------------------
Another such in the making

India to take up UK racism matters when required: Jaishankar

India to take up UK racism matters when required: Jaishankar

Jaishankar's response came after a question by an Odisha BJP MP Ashwini Vaishnaw, where he expressed "shared global concerns about racism". Vaishnaw stated that there "appears to be a continuation of attitudes and prejudices from the colonial area especially in the United Kingdom".

www.hindustantimes.com

 

[ezsasa]

I knew this would happen...as India has a way of responding at the right time with the right response.
We have a different way of retribution.
BTW..Saudi oil minister talked not like a diplomat but like a street vendor in nation to nation matters.
He should have kept his vanity in check

-------------------------------------------
Another such in the making

India to take up UK racism matters when required: Jaishankar

India to take up UK racism matters when required: Jaishankar

Jaishankar's response came after a question by an Odisha BJP MP Ashwini Vaishnaw, where he expressed "shared global concerns about racism". Vaishnaw stated that there "appears to be a continuation of attitudes and prejudices from the colonial area especially in the United Kingdom".

www.hindustantimes.com

 

[Haldilal]

Ya'll Nibbiars

Jan Trade Data.

1 . Imports at $41.99 Billion's
2 . Exports at $27.45 bn in Billion's
3 . Trade Deficits at $14.54 Billion's

Feb Trade Data.

1 . Imports at $40.54 Billion's.
2 . Exports at $27.93 Billion's.
3 . Trade Deficits at $12.62 Billion's.

 

[Chandragupt Maurya]

Ya'll Nibbiars

Jan Trade Data.

1 . Imports at $41.99 Billion's
2 . Exports at $27.45 bn in Billion's
3 . Trade Deficits at $14.54 Billion's

Feb Trade Data.

1 . Imports at $40.54 Billion's.
2 . Exports at $27.93 Billion's.
3 . Trade Deficits at $12.62 Billion's.

Can you do a detailed analysis of GDP of Uttar Pradesh and how it doubled in just 4 year , what was the average growth rate and growth in each FY of Uttar Pradesh in last 4 years

 

[Haldilal]

Ya,'ll Nibbiars Adani Ports partners John Keells Holdings PLC and Sri Lankan Port Authority (SLPA) to develop the West Container Terminal (WCT) of Colombo Port in Sri Lanka on a Build, Operate and Transfer basis for a period of 35 years.

 

[indus]

Ya'll Nibbiars

Jan Trade Data.

1 . Imports at $41.99 Billion's
2 . Exports at $27.45 bn in Billion's
3 . Trade Deficits at $14.54 Billion's

Feb Trade Data.

1 . Imports at $40.54 Billion's.
2 . Exports at $27.93 Billion's.
3 . Trade Deficits at $12.62 Billion's.

Sadly, how much of all this translates into employment generation remains to be seen. Today, I came to know that some of the clerical staff recently joined my orgn are a software engineer, MTech from Delhi IIT, a CA plus MCom prev working in AirIndia to name a few.

 

[ezsasa]

Ya,'ll Nibbiars Adani Ports partners John Keells Holdings PLC and Sri Lankan Port Authority (SLPA) to develop the West Container Terminal (WCT) of Colombo Port in Sri Lanka on a Build, Operate and Transfer basis for a period of 35 years.

Didn’t Adani find gas (declared) today on Mumbai sea?

 

[Haldilal]

Didn’t Adani find gas (declared) today on Mumbai sea?

Ya'll Nibbiars Yeah it was Adani welspun 50 : 50 JV.

 

[Edinburgh]

Ya'll Nibbiars

Jan Trade Data.

1 . Imports at $41.99 Billion's
2 . Exports at $27.45 bn in Billion's
3 . Trade Deficits at $14.54 Billion's

Feb Trade Data.

1 . Imports at $40.54 Billion's.
2 . Exports at $27.93 Billion's.
3 . Trade Deficits at $12.62 Billion's.

It's not very good news. The gap with China seems to be widening. China's trade surplus reached $78 billion in December last year and $103 billion in the first two months of this year.
In the past three months, the surplus totaled $180 billion.

China’s imports, exports above expected on strong demand

China’s exports grew by 60.6 per cent in combined figures for January and February from a year earlier, while imports grew by 22.2 per cent.

amp.scmp.com

Germany has had a trade surplus for 70 consecutive years.

 

[Hari Sud]

British Media & Anti-Indian Propaganda

Dishonesty is the word which comes to mind describing the British media coverage of India. It all started when the British were ejected out after stealing $45 trillion from India after a long rule. They wanted to steal more, but were shown the door. They never reconciled and wanted to retain some influence after they were gone. That influence was initially thru civil service, army officers, laws and legal influences and worst of all thru its reincarnated British style parliamentary democracy. After a while, the influence of the first two was gone. It is the parliamentary system, a true copy of the British system is still here. All their influences are exercised using media.

Even Nehru in the early days of independence could not limit the media influences. His 1962 Chinese debacle was extensively distorted to destroy him. Indira Gandhi, his daughter was very rudely dealt with by the British media. Concurrently, they were heaping praise on Dictators like General Ayub Khan and Yahya Khan. This trend never stopped. They coined the word Hindu growth rate of 3% to degrade India's accomplishments, but on the contrary, they never said a word about economic mismanagement in Pakistan. This negative trend against India never stopped and continued as rulers like Manmohan Singh (Sonia Gandhi) messed up Indian economy when the next door Chinese economy gathered steam.

Now, if the Hindu nationalists are in charge of India and do an excellent job of running the country, they are regularly criticized. Today India looks like a construction site where new roads expressways, railway line, new airports, digital new cities are under construction or completed on a vast scale. This high growth rate and fast decision-making is not well received. They hate a 7% to 8% growth rate, (with the exception of the pandemic year). Today, the Indian economy is $3 trillion strong which is higher than the British Economy. They are now on a spree to find loopholes.

All this is being done with the express approval of our dysfunctional parliamentary system and British educated middle class lead media.

These days they are seeking ideas to criticize the current government. One such issue has been the Agriculture Act, which was recently proclaimed. It has nothing to do with farmers, but the media made it look like an attack on farmers. The new legislation only changes the Nehru/Indira Gandhi era of government buying agricultural products from farmers. He eliminated a highly corrupted intermediate layer of Commissionaires. This issue was fabricated and relaunched as an attack on farmers who are spoiled babies with huge subsidies and loans, anyway. The British media were the first to make inappropriate propaganda and instigated people of Indian origin in both the UK and Canada. Without knowledge of the facts, they rose up. I am glad the Indian government did not budge. So much so that ultimately the British High Commissioner in India had to be summoned and rebuked for their activities locally and abroad. It is they who wrote volumes of anti Indian propaganda. It was fairly well-organized propaganda. In fact, its origin was the British High Commission India. That is why rebuke was heaped on them. They did not know that powerful India could side with Scottish and Irish independence, if they persisted.

Indian media are influenced by the British. They watch their trend and then go along on those lines and scorn Indian leaders. Press freedom is the word they utter. Anti government views are their main staple. They continue to scorn even the good things now in progress. It is bad propaganda. Now the British media is the prime mover of bad rating by a Swedish website to Indian democracy. ..... Hell with the British Media.

 

[ezsasa]

BHARAT's arms imports down by 33 % reveals sipri :

Bharats Defence Exports up from 1,522 Crores in 2016-17 to 9,115 Crores in 2019-20. Now that’s a jump of over 498% in 4 years.


View attachment 81879


See - https://www.hindustantimes.com/indi...-by-33-says-sipri-report-101615806230302.html

It’s an interesting point.

Although it’s not clear that there’s a similar uptick in domestic

Also I’d be interested to learn how SIPRI (who has questionable methodology at the best of times) characterises an ‘import’ do K9, M777, T90 count as an import to them? (They should)

 

[IndianHawk]

It’s an interesting point.

Although it’s not clear that there’s a similar uptick in domestic

Also I’d be interested to learn how SIPRI (who has questionable methodology at the best of times) characterises an ‘import’ do K9, M777, T90 count as an import to them? (They should)

In such make in India deals it must be calculated how much money is actually flowing out of the nation and how much is being paid within the nation as material labor cost as well as profits to domestic partner.