Indian Economy: News and Discussion

DerBronzeLord

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If he was even half the economist he claimed to be, he would know that the US Fed has reduced Interest rates, and coupled with reduction in spending during the pandemic, people put more money into the stock market. Add to this that the US markets are volatile, Germany and UK are going to shieet, China is unsafe due to factories moving out, and Japan and France being stagnant, more and more funds are pouring money into India(as has been seen in the rise of foreign inflows into the BSE, and the rise in our forex as well).

Chutiya liberandu is probably not even a damn economist, and is just a propagandist.
 

DerBronzeLord

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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.
Quick point, the 45 trillion figure has been oft quoted, but only one source, Al Jazeera exists for that. There have been more figures around the 8 trillion mark. 45 trillion is a bit too much. They did steal a lot, but 45 trillion is unrealistic.
 

ezsasa

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asaffronladoftherisingsun

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Quick point, the 45 trillion figure has been oft quoted, but only one source, Al Jazeera exists for that. There have been more figures around the 8 trillion mark. 45 trillion is a bit too much. They did steal a lot, but 45 trillion is unrealistic.
It aint unrealistic. Fyi there have been figures as low as 3.5 billion usd. I am not to believe that bs.


fuckbritfags.JPG


Those 2 statements are hiding a lot of realities.
 

asaffronladoftherisingsun

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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".

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

Fuck arabs seriously. they can shove their oil in own ass and set fire to it too.

We are diversifying oil portfolio seriously. ‘BHARAT-Japan-Russia Cooperation in the Russian Far East’ was held In January 2021. Russia wants Bharat’s investments in its Far East and the Arctic because many western investors are reluctant to finance projects in the Russian energy sector and Russia does not want to be over-dependent on china for this purpose.

To date, Bhartiya oil and gas companies have acquired stakes in 5 Russian companies/projects at a value of about 15 bn usd. Rosneft, as the leader of a consortium of investors, has acquired a 98% stake in Bharat’s Essar Oil that owns the Vadinar refinery in Gujarat, Bharat’s second-largest.

As of now, Bhartiya companies have significantly invested in Russia. Our investment in the Sakhalin-1 project was one of its earliest public sector investments abroad by a subsidiary of ONGC has been part of the international consortium on the development of the Sakhalin-1 project, which is being implemented on the basis of a production sharing agreement.

Currently, BHARAT and Russia are connected via the Mumbai-St Petersburg shipping route, but the VCMC would cut that distance by half, saving significant economic costs.

See - https://isdp.eu/vladivostok-chennai-maritime-corridor/
 

Suryavanshi

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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
150 to 220 billion with 10% growth rate that is infront of everyone.
Loan approved by foreign banks like ADB approved a loan of 1 billion adds to the GDP in some way.
Companies shifting from China to Uttar Pradesh specifically over 4 years adds to the GDP.
All the above may have bumped it to some 250 billion.
Rest is probably from unaccountable small sources like Center approved infra project, Private Invetment and banking sector.
 

Suryavanshi

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It aint unrealistic. Fyi there have been figures as low as 3.5 billion usd. I am not to believe that bs.




View attachment 81914

Those 2 statements are hiding a lot of realities.
They probably aren't accounting the exploitation of Human resource which further may bump up the tally to over 70 trillions.
 

Suryavanshi

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Gov has a niche source of income from tendering projects in which they ask for deposit of some money for participating in tendering processes.
More tenders=More money.
UP in this 4 years has issued a lot of tenders I guess.
 

Haldilal

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Ya'll Nibbiars Jet fuel price (ATF) raised by Rs 860/kL (1.4%) to Rs 60,261/kL.
 

SKC

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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
With time it becomes more and more difficult to find time for building a gaming PC and for games itself.
Before joining my first job I had great plans to make a gaming rig but now 8 yrs down the line I don't even have a desktop at home now (plenty of laptops!)
Forget about gaming after college days!
 

Chandragupt Maurya

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150 to 220 billion with 10% growth rate that is infront of everyone.
Loan approved by foreign banks like ADB approved a loan of 1 billion adds to the GDP in some way.
Companies shifting from China to Uttar Pradesh specifically over 4 years adds to the GDP.
All the above may have bumped it to some 250 billion.
Rest is probably from unaccountable small sources like Center approved infra project, Private Invetment and banking sector.
Do you see same thing happening in Bihar at much bigger scale if Bihar maintains the present growth rate of 15-16% for next 4 years
 

Haldilal

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With time it becomes more and more difficult to find time for building a gaming PC and for games itself.
Before joining my first job I had great plans to make a gaming rig but now 8 yrs down the line I don't even have a desktop at home now (plenty of laptops!)
Forget about gaming after college days!
Yall Nibbiars remember Gaming Industry is extremely volatile and once Japan dominated 50 percent of the industry upto 2000. Then it got shrink to just less than 10 percent. It's another story that it got repack to 25 percent by 2020. Thanks to the RPG and mobile gaming. As of now it's extremely difficult and extremely hard to maintain market's.
 
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Chandragupt Maurya

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TBH I see UP crossing some 1 trillion by 2027 easy. Noida alone will contribute some 100 billion.
UP desperately needs more Economic clusters on the central and eastern side.
And what about Bihar , Bengal , Jharkhand , Chhattisgarh and Odisha?
While searching about economic clusters in India I came through this article from Telegraph about a Gurugram like City being Built in Bihta Region Of Bihar which is 40km
Away from Patna have you been to Bihta ?
 
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SKC

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Fuck arabs seriously. they can shove their oil in own ass and set fire to it too.

We are diversifying oil portfolio seriously. ‘BHARAT-Japan-Russia Cooperation in the Russian Far East’ was held In January 2021. Russia wants Bharat’s investments in its Far East and the Arctic because many western investors are reluctant to finance projects in the Russian energy sector and Russia does not want to be over-dependent on china for this purpose.

To date, Bhartiya oil and gas companies have acquired stakes in 5 Russian companies/projects at a value of about 15 bn usd. Rosneft, as the leader of a consortium of investors, has acquired a 98% stake in Bharat’s Essar Oil that owns the Vadinar refinery in Gujarat, Bharat’s second-largest.

As of now, Bhartiya companies have significantly invested in Russia. Our investment in the Sakhalin-1 project was one of its earliest public sector investments abroad by a subsidiary of ONGC has been part of the international consortium on the development of the Sakhalin-1 project, which is being implemented on the basis of a production sharing agreement.

Currently, BHARAT and Russia are connected via the Mumbai-St Petersburg shipping route, but the VCMC would cut that distance by half, saving significant economic costs.

See - https://isdp.eu/vladivostok-chennai-maritime-corridor/
What is the benefit of these investment to India so far! other than stock market evaluation of these companies.
We are still getting costly gas and oil. US has become second largest exported of oil to India instead now.
 

asaffronladoftherisingsun

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What is the benefit of these investment to India so far! other than stock market evaluation of these companies.
We are still getting costly gas and oil. US has become second largest exported of oil to India instead now.
These are fairly new developments and we aint connected to vcmc yet gotta cope for a while before getting a steady supply of oil.
 

Suryavanshi

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Do you see same thing happening in Bihar at much bigger scale if Bihar maintains the present growth rate of 15-16% for next 4 years
Bihar cant replicate the growth of UP without the investment from foreign firms and large infra project.
And what about Bihar , Bengal , Jharkhand , Chhattisgarh and Odisha?
While searching about economic clusters in India I came through this article from Telegraph about a Gurugram like City being Built in Bihta Region Of Bihar which is 40km
Away from Patna have you been to Bihta ?
These will grow the fastest in terms of value.
1 Odisha
2 Bihar
3 Jharkhand
4 Chattisgarh
 

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