Indian Economy: News and Discussion

FalconSlayers

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Black pilled and angry , maybe we may lose this goal but shouldn't lose 10 trillion goal
When we are hearing such bullshit everyday, how will we even think of reaching 5 trillion by 2030? Everyone is getting Wuhan Virus, whoever tests is getting positive even with less or no contact.

And now this, why not we all sacrifice ourselves to god?
 

HawkisRight

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When we are hearing such bullshit everyday, how will we even think of reaching 5 trillion by 2030? Everyone is getting Wuhan Virus, whoever tests is getting positive even with less or no contact.

And now this, why not we all sacrifice ourselves to god?
Ok here's some info to u cause u maybe mentally tired and u keep posting clickbait hyperboles...These are short term lows and market all d time goes through these high/low cycles...In long run If we go by conservative estimates ie Morgan Stanley,S&P or some Dalal Street analysts Then our Economy will be Averaging out at 6/6.5(inflation excluded) over next decade...So it will get us around 7 trillion mark in 2030...But if u ask mr Jhunjhunwala He is on very bullish side of d market..As per him economy may go double digit from 2025 onwards Sustaining double digit growth over period of next decade...his estimates are gradual increase of 6 to 7 to 8 to 9 to 10 and peak at 12/13 while averaging out at 9/10...He is very agressive on market and he isn't just talking but he is betting on market... Economics is very complex and Fun subject but if u don't understand it then better stop wasting ur time...And mind u even wid these Second covid wave and all doom and gloom Markets aren't going down but going Up ..Markets are funny
 

Mikesingh

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India's exports surge 80% to $7 billion during May 1-7

Imports too rose by 80.7 per cent to $8.86 billion during May 1-7, 2021 as against $4.91 billion in the same period last year and $10.39 billion in 2019.

PTI
May 10, 2021, 16:07 IST

Continuing a positive growth, India's exports grew by 80 per cent to $7.04 billion during the first week of this month, according to preliminary data of the commerce ministry. Exports during May 1-7 last year stood at $3.91 billion and $6.48 billion in the same week of May 2019, data showed.

Imports too rose by 80.7 percent to $8.86 billion during May 1-7, 2021 as against $4.91 billion in the same period last year and $10.39 billion in 2019.



Some good news in the quagmire of misery!
 

angryIndian

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Statistics don't lie.
They often do especially in countries with compromised institutions or institutions where they act as a political agent of the government.

Do one thing......go around cities and villages of Odisha and Bengal and then compare it with UP and Bihar.
Doodh ka doodh,paani ka Paani ho jayege


As UP and Bihar is struggling with basic healthcare infrastructure,Odisha and Bengal are supplying oxygen to the entire country. Odisha alone has supplied over 10,000 MT of Oxygen to rest of India in a span of 18 days.
 

IndianHawk

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They often do especially in countries with compromised institutions or institutions where they act as a political agent of the government.

Do one thing......go around cities and villages of Odisha and Bengal and then compare it with UP and Bihar.
Doodh ka doodh,paani ka Paani ho jayege


As UP and Bihar is struggling with basic healthcare infrastructure,Odisha and Bengal are supplying oxygen to the entire country. Odisha alone has supplied over 10,000 MT of Oxygen to rest of India in a span of 18 days.
Just one parameter is not enough. Have you been to Kalahandi region is odisa which is hot belt for poverty and naxalism. Similarly Bengal is falling behind rest of India pretty fast while Uttarpradesh is beaming with expressways these days. All these things add up. My own experience of Madhya Pradesh I have seen phenomenal growth in infrastructure even in rural areas. India is changing fast.
 

indus

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They often do especially in countries with compromised institutions or institutions where they act as a political agent of the government.

Do one thing......go around cities and villages of Odisha and Bengal and then compare it with UP and Bihar.
Doodh ka doodh,paani ka Paani ho jayege


As UP and Bihar is struggling with basic healthcare infrastructure,Odisha and Bengal are supplying oxygen to the entire country. Odisha alone has supplied over 10,000 MT of Oxygen to rest of India in a span of 18 days.
Odisha is suppyling large quantity of oxygen because it has major steel plants in the state. Rourkela, Jajpur, Dhenkanal are districts with numerous steel plants. The capacity Odisha has is for production of steel not medical oxygen. Its just that due to emergency situation these plants are diverting their resources to supply of oxygen for covid crisis.

Bhubaneshwar (Odisha) [India], May 10 (ANI): A total of 516 tankers/containers carrying 9465.596 metric tonnes (MT) medical oxygen have been dispatched under the supervision of Odisha police so far from Rourkela, Jajpur, Dhenkanal and Angul districts of Odisha to 11 states in the country facing oxygen shortage due to surging COVID-19 cases.
As per an official statement, as many as 21 tankers were dispatched from Angul with 852.642 MT, 132 from Dhenkanal with 2091.5 MT, 123 from Jajpur with 2543.192 MT and 210 from Rourkela with 3978.262 MT in the last 18 days.
https://www.aninews.in/news/nationa...en-to-11-states-in-last-18-days20210510155130
 

sauntheninja

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And
Just one parameter is not enough. Have you been to Kalahandi region is odisa which is hot belt for poverty and naxalism. Similarly Bengal is falling behind rest of India pretty fast while Uttarpradesh is beaming with expressways these days. All these things add up. My own experience of Madhya Pradesh I have seen phenomenal growth in infrastructure even in rural areas. India is changing fast.
And yet the health infrastructure in states like Gujarat and UP are in a terrible state
 

Crazywithmath

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They often do especially in countries with compromised institutions or institutions where they act as a political agent of the government.

Do one thing......go around cities and villages of Odisha and Bengal and then compare it with UP and Bihar.
Doodh ka doodh,paani ka Paani ho jayege


As UP and Bihar is struggling with basic healthcare infrastructure,Odisha and Bengal are supplying oxygen to the entire country. Odisha alone has supplied over 10,000 MT of Oxygen to rest of India in a span of 18 days.
Just shut up, mate. I am tired of seeing my fellow Bongs complaining for every little thing against central agencies, cracking up abject conspiracy theories and having orga*m celebrating Nobel laureates. Not everything is a conspiracy. Bengal tops in child marriage, domestic violence, political violence throughout India. No industry, no job but some Bongs just will not shut up. Every year the best brains of Bengal from JU, IIEST, IIM-C, IIT KGP leave the state in search of better opportunities because there is almost no opportunity in Bengal. All my batch mates from JU engg are based outside Bengal. Some of them are at the top of the top in their respective fields. But none of them will ever move back to their native state. Do you have any idea how pathetic that feels? I don't know how old you are but there used to be a time when the then ruling communist government used to point fingers at Bihar to feel better of themselves whenever they were accused of political violence. It is just plain sad to see how far we have fallen since then. A lady Chief Minister who publicly told the media that the Park Street rape incident was fabricated (without any sort of investigation whatsoever) just because someone close to her party was involved; is being projected by some Bongs as the champion of democratic tradition and pluralism! There is just no lack of hypocrisy in Bengal.
 

ezsasa

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This #dataviz overview table is used by the @FT team to decide which visualization to use. It's a handy starting point.

1620734000022.png


 

Bhumihar

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They often do especially in countries with compromised institutions or institutions where they act as a political agent of the government.

Do one thing......go around cities and villages of Odisha and Bengal and then compare it with UP and Bihar.
Doodh ka doodh,paani ka Paani ho jayege


As UP and Bihar is struggling with basic healthcare infrastructure,Odisha and Bengal are supplying oxygen to the entire country. Odisha alone has supplied over 10,000 MT of Oxygen to rest of India in a span of 18 days.
Coastal Odisha does not represent the whole Odisha.





If BJP will ever come into power in Odisha it will be through the inner regions.
 

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