Indian Economy: News and Discussion

[Haldilal]

Ya'll Nibbiars

Net absorption in office market in Mumbai rises 36% to 0.61 mn sq ft in Q2 2021: JLL

India’s net office absorption stood at 4.39 million sq ft in the second quarter, representing 32% year-on-year growth in major cities.

www.financialexpress.com

 

[FalconSlayers]

 

[FalconSlayers]

 

[Haldilal]

Ya'll Nibbiars

FNB News - Mega Food Parks in Maharashtra and Gujarat- Current scenario | FNB News

www.fnbnews.com

 

[SKC]

Ya'll Nibbiars russia getting second tallest skyscraper and we are still stuck at 300 meters limits.

Russia to get the world’s highest viewing gallery in an all new skyscraper

St. Petersburg in Russia is soon to get the second tallest skyscraper in the world. The structure will be called the Lakhta Centre II, and will be 2306 ft tall.

timesofindia.indiatimes.com

Is it possible now!

All Russian Skyscrapers got completed during golden time of their economy post Yeltsin. But now again their economy is in shambles.
Their focus and money is on Import substitution program they are running since last 7-8 years.

 

[Haldilal]

Ya'll Nibbiars Rani Khera IT park is happening or not?. Or again AK screw it's.

 

[JBH22]

Is it possible now!

All Russian Skyscrapers got completed during golden time of their economy post Yeltsin. But now again their economy is in shambles.
Their focus and money is on Import substitution program they are running since last 7-8 years.

Despite all the hype, if you consider GDP ppp of Russia it is nearly same level of Germany. Factor in a relatively modernised force coupled with natural resources worth 75trillion and very low debt, you cannot discount it.
Their economy will pick up with again raise in commodity price, agricultural sector is nearly self sufficient.

 

[hit&run]

Can you please tell which are those structural limitations?

Growth dependent on consumption itself is a limitation. The structural limitations connected to it is our inability to add catalyst of innovation and scientific breakthrough periodically. One school of thought which was actually Congress-I apologists says that we can buy the innovation and work at late comer level. This will save us money on R&D and Human resource development.

But now it is proven without doubt; at the backdrop of trade wars, protectionism and especially after Covid pandemic that to sustain growth and then keep it on burner all time we need indigenous industrial capabilities backed by home grown solutions and innovation.

 

[Suryavanshi]

Same as what happened to these projects in other countries. Simply not feasible.
The input costs are astronomically high!
No single company is leading, a bunch of separate startups are putting forward their models.

Hyperloop isn't safe in the first place.
It is a nascent tech and it would take some 50 more years to materialise.
At first the developers would make u think it is safe but that is only in prototype run.

 

[Suryavanshi]

Ya'll Nibbiars this year may collect 50,000 crore from the Fastag alone.

FASTag toll collections rises 21% in June, as compared to May, to Rs 2,576.28 crore

However, toll collections through FASTag in June were still lower than the Rs 2,776.90 crore witnessed in April and Rs 3,086.32 crore seen in March. Similarly, the total number of FASTag toll transactions were also lower in June as compared to the 16.433 crore seen in April and 19.321 crore...

www.moneycontrol.com

Nitin Gadkari wasn't wrong when he said that they will collect 30 billion from tolls alone at which point road construction will have less dependency on central budget.

 

[Suryavanshi]

Most of the city is under construction now so roads are shortened and areas near railway stations are obviously congested and which Indian city is aesthetically pleasing?

There is a solution to this as well and that is vertical and compact constructions.
All railway stations will go Multi storey, staff quarters will become multi storey. Underground parking, building on top of station or adjacent to it.

 

[ezsasa]

Building it provides jobs to many as well, and Russia is doing whatever it is but such icons help in building brand image of Your country.

Building skyscrapers without demand will only increase debt and a huge one at that.

 

[Haldilal]

Ya'll Nibbiars

 

[FalconSlayers]

@Haldilal Vertical City Kolkata .

 

[Haldilal]

Ya'll Nibbiara we annually import 150 billion dollars of mostly unprocessed Crude oil if we reduce this will see a more positive trade.

 

[FalconSlayers]

Ya'll Nibbiara we annually import 150 billion dollars of mostly unprocessed Crude oil if we reduce this will see a more positive trade.

Our imports are only increasing

 

[Haldilal]

Our imports are only increasing

Ya'll Nibbiars and also our exports this year.

 

[FalconSlayers]

Ya'll Nibbiars and also our exports this year.

I know but I was referring to Crude Oil imports.

 

[FalconSlayers]

@Haldilal Vertical City Kolkata .

@Haldilal Vertical City Kolkata .

 

[HariPrasad-1]

Growth dependent on consumption itself is a limitation. The structural limitations connected to it is our inability to add catalyst of innovation and scientific breakthrough periodically. One school of thought which was actually Congress-I apologists says that we can buy the innovation and work at late comer level. This will save us money on R&D and Human resource development.

But now it is proven without doubt; at the backdrop of trade wars, protectionism and especially after Covid pandemic that to sustain growth and then keep it on burner all time we need indigenous industrial capabilities backed by home grown solutions and innovation.

Innovation is of course important but economy of scale, ease of doing business and easy availability of factor of production is equally portant.