Indian Economy: News and Discussion

[asaffronladoftherisingsun]

Good patrol of rahulkanwal.

 

[ezsasa]

dropped by .3%, which means there will be an impact on our GDP numbers as well.
"coupta crowd" will probably ignore this point in his cut the clutter and blame it on the country or the government.
=====
China’s exports unexpectedly shrink in October, badly missing expectations for growth

China's exports unexpectedly shrink in October, badly missing expectations for growth

China's exports fell by 0.3% in October from a year ago, missing Reuters expectations for a 4.3% increase.

www.cnbc.com

 

[Haldilal]

Ya'll Nibbiars The Rattan India will meet the same fate as the Reliance Power at this rate.

Rattanindia Power reports consolidated net loss of Rs 517.60 crore in the September 2022 quarter

Sales decline 15.73% to Rs 638.07 crore

www.business-standard.com

 

[Haldilal]

Ya'll Nibbiars The The latest episode of Economic sutra is on the big infrastructure push in Mumbai. A lot of it is coming on stream within 24 months and will transform the city completely. See for yourself the sheer scale of what is being done:

 

[Haldilal]

Ya'll Nibbiars The Voltas to invest 1,000 crore rupees for capacity expansion in below states.

1 . Tamil Nadu 500 crore rupees.

2 . Uttarakhand 500 crore rupees.

 

[FalconSlayers]

With a capacity of 160 MW each, the company currently operates two data centres, one in Greater Noida and the other in Navi Mumbai.

The company is also developing plans to build seven additional hyperscale data centres in cities like Chennai, Kolkata, Pune, Thane, Mumbai, GIFT City, and Dhaka in Sonar Kangladesh.

In addition to these, the business is developing a plan to build Edge data centres in 56 cities by 2027. Bhubaneshwar, Chandigarh, Coimbatore, Guwahati, Mangalore, Varanasi, and Vishakapatnam are some of these cities...

Read more at:

Yotta to raise Rs 40 billion to expand its data centre business

The company also plans to build Edge data centres in 56 cities by 2027

www.constructionworld.in

 

[Haldilal]

Ya'll Nibbiars The L&T Realty and Singapore's CapitaLand to jointly develop 60,00,000 Sq. Ft. Of the commercial office leashable space in Mumbai and Chennai.

 

[Haldilal]

Ya'll Nibbiars The Machines available for stubble management. But farmers in parts of Punjab don't want to even spend money on fuel. The risk of governments pandering to every whim is that some farmers believe Unless everything is not free, I'll not do it.

Field report: Why farmers are still burning stubble despite machines being available

Around 1.5 acres of farmland in Patiala’s Ranghera village was on fire Friday afternoon, much like several others in the state where charred stubble lies on the field, or the farmland is still on fire before the rabi crop is sown. For the farmer, it was easier to set it on fire.

indianexpress.com

 

[Blademaster]

Ya'll Nibbiars The Machines available for stubble management. But farmers in parts of Punjab don't want to even spend money on fuel. The risk of governments pandering to every whim is that some farmers believe Unless everything is not free, I'll not do it.

Field report: Why farmers are still burning stubble despite machines being available

Around 1.5 acres of farmland in Patiala’s Ranghera village was on fire Friday afternoon, much like several others in the state where charred stubble lies on the field, or the farmland is still on fire before the rabi crop is sown. For the farmer, it was easier to set it on fire.

indianexpress.com

Then we need to start fining the farmers. After all, if AAP can fine Delhlites for setting off crackers, they can certainly fine the farmers for burning the stubble instead of using the machines. This is not a one way street.

 

[Haldilal]

Ya'll Nibbiars

The Maharashtra Goverment signed India's Largest Hydro Electric project in India, the 10,000 crore rupees, 2,700 MW Dam, at The Kolhapur.

The Maharashtra government signed an MoU worth 10,000 crore rupees for setting up energy project in the state. Now has received an in principle nod from the union environment ministry’s expert appraisal committee EAC for the 2,700 MW Patgaon pumped storage plant in the Kolhapur on river valley and hydroelectric projects.

An environmental impact assessment EIA and social impact assessment will be carried out to gauge the dam’s impact on the surrounding ecology and wildlife, and to identify the number of project affected persons in the 10 KMs radius of the dam. About 180 acres of land requirement will be diverted from existing forest areas.

The project site is located in the lower slope in the Western Ghats, and electricity generated here is proposed to be transported to substations in Kolhapur and Goa. The project will consist of two water reservoirs created at different elevations one of which the Patgaon Lake built by harnessing the Vedganga River in 1998, an east flowing tributary of the Krishna with a turbine between the two to generate power as water is discharged over it. The water will then be pumped back from the lower reservoir to the upper reservoir for future use.

The scheme will involve using the existing Patgaon Lake as upper reservoir with 105 MM3 as gross capacity. The lower reservoir in this project envisages construction of Concrete/Colgrout masonry dam with the maximum height of 57.5 m for short reach for creation of lower reservoir of 13.75 MM 3 gross capacity. The Patgaon PSH is proposed in between the two reservoirs. And the required quantum of water for power generation will get stored in the reservoir through seasonal flow of water, states a copy of the project’s pre feasibility report.

 

[Haldilal]

Ya'll Nibbiars

The Maharashtra Goverment signed India's Largest Hydro Electric project in India, the 10,000 crore rupees, 2,700 MW Dam, at The Kolhapur.

The Maharashtra government signed an MoU worth 10,000 crore rupees for setting up energy project in the state. Now has received an in principle nod from the union environment ministry’s expert appraisal committee EAC for the 2,700 MW Patgaon pumped storage plant in the Kolhapur on river valley and hydroelectric projects.

An environmental impact assessment EIA and social impact assessment will be carried out to gauge the dam’s impact on the surrounding ecology and wildlife, and to identify the number of project affected persons in the 10 KMs radius of the dam. About 180 acres of land requirement will be diverted from existing forest areas.

The project site is located in the lower slope in the Western Ghats, and electricity generated here is proposed to be transported to substations in Kolhapur and Goa. The project will consist of two water reservoirs created at different elevations one of which the Patgaon Lake built by harnessing the Vedganga River in 1998, an east flowing tributary of the Krishna with a turbine between the two to generate power as water is discharged over it. The water will then be pumped back from the lower reservoir to the upper reservoir for future use.

The scheme will involve using the existing Patgaon Lake as upper reservoir with 105 MM3 as gross capacity. The lower reservoir in this project envisages construction of Concrete/Colgrout masonry dam with the maximum height of 57.5 m for short reach for creation of lower reservoir of 13.75 MM 3 gross capacity. The Patgaon PSH is proposed in between the two reservoirs. And the required quantum of water for power generation will get stored in the reservoir through seasonal flow of water, states a copy of the project’s pre feasibility report.

View attachment 180830

Ya'll Nibbiars And this would also be the most affordable dam by per wat production capacity as no new resovier would be built and instead two exiting Irrigations resovier would be utilized who's excess water had always gone waste. And also would be the World's Second largest Pump Hydro Electric Dam in the world.

And No Environmentalist as no new resovier is built or tree is being cut.

 

[afako]

• @Haldilal Nibba please check this video. Transforming Mumbai. Absolute gem of data.

In last part there is an interview with Devendra Fadnavis. I am listing some important points specified in video most of which are highlighted first time anywhere:

1. Mumbai Metro Line 3 is intended to be heart of Mumbai lifeline instead of current Western and Central lines. The capacity of all 13 Metro Lines is 8 million people/day greater than 4 million/ day of existing suburban railway lines.
2. Mumbai Nagpur Expressway is designed for 200 km/hr very Autobahnesque. The speed limit will be 150 km/hr. The MH Govt also has acquired land simultaneously for high speed rail in future. It also wants to build high speed commercial rail.
3. Slum redevelopment is a big issue being tackled. Dharavi will be redeveloped but it's organic manufacturing industry will be retained. They will be provided 5 years GST exemption and subsequently formalized. Mumbai will not remain just a service industry city. That's not what MH Govt wants.
4. Mumbai Airport will get 100 hectares of land available after slums from Airport are rehabilitated.
5. Mumbai Coastal Road Project will be an iconic project. The plan is to create a complete parallel road going from Nariman Point to Kandivali and then Virar built on the sea.
6. The entire vision of creating the road network, metro network is to retain the character of Mumbai at its roots of public transportation system. Another idea is to reach from one part of Mumbai to any part within 1 hour.
7. Maharashtra Trans Harbour Sea Link of 22 km long sea bridge connecting South Mumbai with Indian Mainland. This area is expected to be the next growth phase of Mumbai.
8. The MH Govt wants to connect entire MH to ports of MH to share fruits of port led economic growth model.

 

[Suryavanshi]

Then we need to start fining the farmers. After all, if AAP can fine Delhlites for setting off crackers, they can certainly fine the farmers for burning the stubble instead of using the machines. This is not a one way street.

Punjab is a no go zone for BJPigs

 

[Blademaster]

Punjab is a no go zone for BJPigs

Why are you calling BJP as pigs?

 

[Anandhu Krishna]

Red hydrogen might also be the best solution for India instead of paying the Chinese for solar panels and Li.

 

[GigaChadBharatiya]

Yeh lo fraands and nibbiars. The shitshow has started
https://www.telegraphindia.com/indi...jam-seaport-of-thiruvananthapuram/cid/1896821

 

[rockdog]

Are Chinese company and equipment still working on Bangalore subway system? It says the boring machine is bespoken for India.

 

[Haldilal]

Ya'll Nibbiars

Are Chinese company and equipment still working on Bangalore subway system? It says the boring machine is bespoken for India.



Screenshot_20221108_120610.jpg

Ya'll Nibbiars thats pre 2020 contracts, currently all Chinese firms are black listed from directly participating in any new government tender issued since the 2021. And the Chinese Investment need to go through the National Security reviews.

 

[Haldilal]

Ya'll Nibbiars

Xiaomi shuts financial services business in India - Times of India

India Business News: Chinese smartphone maker Xiaomi Corp has shut down its financial services business in India, four years after its launch, a Xiaomi India spokesperson

timesofindia.indiatimes.com

India alleges Xiaomi for lying to Deutsche Bank for years about unauthorized royalties payments

Indian authorities believe that the India division of Chinese smartphone manufacturer Xiaomi Corp. deceived its lender Deutsche Bank AG for years by asserting that it had a royalty payment agreement when, in fact, it did not, according to court records.

technosports.co.in

 

[rockdog]

Ya'll Nibbiars




Ya'll Nibbiars thats pre 2020 contracts, currently all Chinese firms are black listed from directly participating in any new government tender issued since the 2021. And the Chinese Investment need to go through the National Security reviews.

Very good i m also against Chinese companies join India infrastructure development.