Indian Economy: News and Discussion

[nongaddarliberal]

Majority of Northies don’t have such names, Its more of a Punjabi and Haryanvi name, never saw a Gujarati with Paramjeet name or a Uttar Pradeshi with Diljeet like names.

Point remains. We're throwing Indians with jeet in their names under the bus in a way by using pajeet slurs.

 

[Shuturmurg]

Looks like EU is on its way to de-industrialize or at least de-industrialize all energy intensize industries like steel, metal refining, heavy equipment, etc. Companies relocation to US. Biden masterstroke.

 

[Hari Sud]

Looks like EU is on its way to de-industrialize or at least de-industrialize all energy intensize industries like steel, metal refining, heavy equipment, etc. Companies relocation to US. Biden masterstroke.

‘Very unlikely……. First US has to get manufacturing industry back from the Chinese and then only anything will move from Europe to US.

 

[Shuturmurg]

‘Very unlikely……. First US has to get manufacturing industry back from the Chinese and then only anything will move from Europe to US.

US is already 2nd largest manufacturer in world. And its manufacturing is increasing consistently :

U.S. Manufacturing Output 1997-2022

Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of...

www.macrotrends.net

.

 

[Vikram314]

Headline- Land acquisition process for Bharatmala project in Navsari district is currently stopped.

There is a break in the process of acquiring land for Bharatmala project in Navsari district. The process has stopped after objection's being raised in 2 taluka's( tehsil).

Surat-Chennai (Navsari-Chennai) highway is one of the network of national highways being laid under the nationwide Bharatmala project. The announcement of this Navsari Chennai highway passing through 26 villages of Navsari district was published in the newspaper on 19th May and invited objections and suggestions, under which many objections and suggestions were presented. Among these objections, many were against the project itself, while some were about land compensation.

After submission of objection and suggestions, the hearing of objection applications was held by the Land Acquisition Officer in Vansda and Chikhli talukas between August 10 and 12. During this hearing, most of the affected people of Vansda (tribal area) taluka took a front and opposed the hearing and the project itself, while in Chikhli taluka some participated in the hearing while many people opposed the hearing and the project itself. Although 40 days have passed today, the hearing of Navsari taluka has not taken place. Now the schedule of when this pending hearing will be held has not come out.

The program maybe be started after Diwali or after election in Gujarat.

 

[Concard]

Ambani going all out to make sure he has got all his fingers in the future green energy pie.

Reliance Buys Stake In US Solar Tech Company, Will Help Produce More Efficient Solar Modules

Reliance New Energy Limited, a wholly owned subsidiary of Reliance Industries Ltd, on Thursday (22 September) signed definitive agreements to invest in US-based firm Caelux Corporation

swarajyamag.com

I hope he gets lucky with his investments. His success will be India's success as he is investing in industries which is crucial for India's energy independence. I am particularly hoping he gets really very lucky with his investments in battery technology companies like Faradion and Ambri.

 

[Ugra Bhairav]

Majority of Northies don’t have such names, Its more of a Punjabi and Haryanvi name, never saw a Gujarati with Paramjeet name or a Uttar Pradeshi with Diljeet like names.

All here in contention are names ending with suffix "JEET"

JEET = VICTORY

You will find Names ending with JEET since antiquity.

INDRAJEET = Meghnad (Son of Ravana)

Other Examples of Common Hindu Names: VisvaJeet, RanJeet, ShatruJeet, AJeet, AbhiJeet, AnantJeet etc.

Apart form Ranjeet all others are Non Specific Sikh-Punjabi names, Sikhs who Glorified word = "JEET" which means victory, you found in Names of Sikhs peceifically ending with "JEET".

Hence names ending with "JEET" are very much Hindu and to be treated with due respect, in Indic sense.

 

[Varzone]

Ideally someone should stop farmers in Punjab to plant water intensive crop like rice (punjab water table is getting lower and lower) and instead plant something else.

Lol...were you sleeping during farmer's riots? We all know why they grow rice.

 

[FalconSlayers]

All here in contention are names ending with suffix "JEET"

JEET = VICTORY

You will find Names ending with JEET since antiquity.

INDRAJEET = Meghnad (Son of Ravana)

Other Examples of Common Hindu Names: VisvaJeet, RanJeet, ShatruJeet, AJeet, AbhiJeet, AnantJeet etc.

Apart form Ranjeet all others are Non Specific Sikh-Punjabi names, Sikhs who Glorified word = "JEET" which means victory, you found in Names of Sikhs peceifically ending with "JEET".

Hence names ending with "JEET" are very much Hindu and to be treated with due respect, in Indic sense.

So Pajeet should mean someone who conquered Pakistan shouldn't it ?

 

[Ugra Bhairav]

So Pajeet should mean someone who conquered Pakistan shouldn't it ?

You Misspelled it by omitting one alphabet "K".

Then it should be spelled = PAKjeet.

Can Anyone spread it on PDF ?????

 

[FalconSlayers]

Permanent Capital: Answer to India's $10 Trillion Economy (Opinion)
IANS
Stock Market News
2022-09-22 10:45
Credit: © Reuters.

The one trend that has been in focus throughout the asset management industry, especially the private equity world, is "permanent capital". This is broadly defined as access to funds for long periods instead of the usual seven to ten-year fund horizon that has been the norm in the private equity industry. Permanent capital funds focus less on exiting investments in a defined period - and the emphasis is more on generating potential long-run investment returns.

Investors have generated permanent capital through a variety of strategies. Some large investors, such as Blackstone (NYSE: BX ), Apollo & KKR, have utilised Initial Public Offerings (IPOs) to generate capital they can invest strategically. Apollo has also generated permanent capital through investing, and managing assets for a retirement solution focused annuity business called "Athene", which, through its annuity business, generates significant cash that Apollo has utilised to generate returns.

Permanent Capital Vehicles' (PCVs) growing popularity, in large part, was inspired by Warren Buffett. As the head of one PE firm was quoted by Financial Times, "everyone is suffering from Warren Buffett envy". Specifically, Berkshire Hathaway (NYSE: BRKa )'s buy-and-hold investment strategy, wherein every investment is viewed as an acquisition in a company rather than a mere trade. As such, the investment is considered a vote of confidence in the company's prospects and a long-term commitment to helping it achieve the same. As Buffett himself once famously noted, his "favourite holding period is forever".

While Berkshire Hathaway may be the most celebrated name in the PCV space, it is by no means the only one. Markel Corporation, Danaher (NYSE: DHR ), Apollo, ThermoFisher, KKR and Johnson & Johnson (NYSE: JNJ ) are other examples - and the list is growing.

So how will Permanent Capital help India in the next decade?

The success of nations/economies depends on access to high-quality growth and low-cost capital. While India will enjoy high growth due to favourable demographic and economic factors, access to the low cost of capital will be critical. As the world heads toward high inflation and high-interest rates, the ability to make India an attractive destination for global capital is a must. The Indian government has been making a huge push in this direction. Government-led economic planning platforms, such as the development of GIFT City and the International Financial Service Centre (IFSC) in Gujarat, have already been created. There is a significant push to create a more open and conducive regulatory scheme and simpler tax structure. With Permanent Capital, India will have the advantage of accessing global investments while generating long-term returns for investors.

- Permanent capital allows prioritising value and steady long-term returns over risky one-time buyouts that may be adversely impacted by unpredictable market cycles. Long-term value creation will help generate significant returns.

- With higher degree of permanent capital, it will allow Indian businesses and investors to access opportunities for longer periods, ride out periods of high market volatility and, most importantly, acquire assets at attractive valuations when rivals cannot do so due to unfavourable market conditions or internal distress.

- With permanent capital, Indian companies can pursue essential high-growth-high-return projects that may yield significant investment returns in the future.

- For investors looking toward emerging markets such as India, PCVs are essential, especially in the context of relatively lesser secondary market liquidity, longer investment horizons for value generation and smaller size of debt capital markets. Using PCVs to hold on to investments longer for value creation could be a vital factor.

- Most importantly, stable cash flows via permanent capital can help shield India from adverse market conditions and businesses from the adverse funding conditions and assist a company in acquiring valuable assets across the industry. Over the past decade, long-term investing has garnered more takers, especially in the aftermath of the Great Recession, following which economic growth, especially in developed countries, was muted. The usual buy-and-sell-quickly strategy was becoming less viable. Case in point: a quarter of buyout firms worldwide never raised a fund post-2008.

As the capital markets and businesses in India evolve, winners and losers in highly competitive markets will be determined by various factors, including sources of funds. Both the quality and quantity of funding available will be one of the fundamental factors determining long-term winners. Permanency of capital offers some essential insights into improving one's competitiveness.

(The views expressed in this article are personal and that of the authors. The authors, Poornima Vardhan and Taponeel Mukherjee, head AltG, a firm that Offers Proprietary Investment Research)

Permanent Capital: Answer to India's $10 Trillion Economy (Opinion)

Permanent Capital: Answer to India's $10 Trillion Economy (Opinion)

in.investing.com

 

[armortec]

Minor gripe, but a lot of your north Indian names end with jeet. Don't fall into the 4chan meme by repeating their pajeet jibes. It'll start applying to all names ending with jeet, playing into their hands.

Saying this as a Southie where names ending with jeet are extremely rare.

I've been wanting to say it but refrained from doing so. Shouldn't be using a western insult against your own - talk about a colonised mind!

 

[ezsasa]

Democratisation of credit
Account Aggregator Framework Launched Sep 2021
=====
The Account Aggregator Framework Is Transforming Personal Data Into A Collateral.

Know all about Account Aggregator Network- a financial data-sharing system

Know all about Account Aggregator Network- a financial data-sharing system

Last week India unveiled the Account Aggregator (AA) network, a financial data-sharing system that c

pib.gov.in

 

[OFBkaRakhwala]

Saw people arguing that Elon is league above Adani as he is a innovator. I do not find any substance in this argument.
His dad had a private plane a ruby mine that made him millions each year. Adani was son of some common mooks with his brother foraging into a niche business sector.
Elon made his rise by acquiring and managing companies like ZIP2 and he did not make pay pal like they say he was onboarded much later.
He did his fair share of strong arming where he worked and his colleagues at the time said so too, so he is anything but a nice guy. You cannot be nice guy in business specially here in India where there are several hyenas out to get you in your nascent stage.
Tesla he bought from another CEO that went bunk.
Space X is itself built on Vertical Integration which he said so himself and he continues to do vertical integration even now.
Elons shares are bloated as well.
Elon too enjoys cotton glove treatment from the gov.
I do not hate on elon and I do not see a reason to hate on Adani too. On hindsight Adani seems way more humble in baground an actual nothing to everything.

Our socioety is full of pajeet thats the problem.
Adani has taken risks and made outlandish moves that the common estrogen sniffing Pajeet cannot fathom so he lashes out of his insecurity.
Adani > Every Sarkari Leech.

Its like seeing people hating on david for fighting golaith.

Adani has loans from public banks, meaning people's money, and he has been raising money with less substance as for Elon idgaf, Elon going bankrupt will not have a impact on the common households in India but Adani going will surely

 

[Ugra Bhairav]

Democratisation of credit
Account Aggregator Framework Launched Sep 2021
=====
The Account Aggregator Framework Is Transforming Personal Data Into A Collateral.

Know all about Account Aggregator Network- a financial data-sharing system

Know all about Account Aggregator Network- a financial data-sharing system

Last week India unveiled the Account Aggregator (AA) network, a financial data-sharing system that c

pib.gov.in

Collateral Security for Working Capital is biggest impediment in the growth of MSME Sector.




Good Move

 

[ezsasa]

Democratisation of credit
Account Aggregator Framework Launched Sep 2021
=====
The Account Aggregator Framework Is Transforming Personal Data Into A Collateral.

Know all about Account Aggregator Network- a financial data-sharing system

Know all about Account Aggregator Network- a financial data-sharing system

Last week India unveiled the Account Aggregator (AA) network, a financial data-sharing system that c

pib.gov.in

Just some general gyan.

the Account aggregator framework mentioned above, is a good example of what happens when components are designed with modularity in mind. in this case GST, digital banking, tax data, JAM trinity are coming together to give shape to a new avenue for bank credit disbursal. at the centre of all this, aadhaar. and notice how aadhaar is not mentioned as part of the explainer video, that's probably because of system is matured to one level up.
(A-->B-->C)
Level 3- Credit based on bank accounts in Level 2.
Level 2- Bank accounts created using aadhar
Level 1 -Aaadhar

i have been a proponent of modularity in design for years, basic idea is that if a system is less rigid by design it will be able to withstand the test of time, years down the line new scenarios will develop and whatever engineering product you build will need modifications to be in circulation. all technologies have a expiry date, but atleast with modularity your product will be in the market longer. this concept manifests itself in different ways, depending the technology.

there are cases where modularity has failed as well, motorola championed modular phones a few years back, but it failed. this was i think it because of chini manufacturing prowess. in this case, why bother about modularity, when the entire phone can be upgraded at such a low relative cost, at that time. now chini phones are themselves costly in western market, is a different story.

 

[Shuturmurg]

Aa gaya swaad farmers protest ka. MIddlemen are striking now :

 

[ezsasa]

Internet subscribers by connection type:
2015: Narrowband: 67.2% Broadband: 32.8%
2021: Narrowband: 4.00% Broadband: 96.0%

(TRAI; Economic Survey)

 

[Haldilal]

Ya'll Nibbiars

The Top 5 states with industrial land availability in India.

Maharashtra – 71,000 acres
Tamil Nadu – 51,197 acres
Gujarat – 49,775 acres
Rajasthan – 47, 597 acres
Andhra Pradesh – 37,747 acres

 

[Ugra Bhairav]

Do we just cut the corner?

iTIians staying home instead of opting for firangistan.

Infographic: Home is where the opportunities are | India News - Times of India

India News: Not even 200 of the approximate 10,000 students from the Indian Institutes of Technology took up jobs outside India last year. This is in sharp contra

m.timesofindia.com