Indian Economy: News and Discussion

[angryIndian]

my point was that, if these goras r calling indians scammers due to some indians scam work...why dont we say these goras r pimp or sex workers. coz many goras involved in porn business. yes pornography isnt crime in many countries, but porn harms r well known on society nd individual.

It is not "some Indians", as i said it's an organized multibillion dollar industry that involves legitimate companies and thousands of employees. This is a serious crime.

The solution lies not in namecalling each other but putting an end to it. This has a serious potential to destroy India's BPO sector.

And it is not something that is affecting Americans,we are too getting affected by it.Every other day i receive almost two dozen harassing scam calls and i feel like throwing away my phone.

 

[Shuturmurg]

Lifted only for Employees in GIFT city and not for your regular tourist Gujjus.

Also, you would need to apply for pass like the daily license given by Hotels to tourist in rest of Gujarat.

Wtf !! Just open an entertainment district with high end restaurants and pubs and give licenses to them. Anyone can come and buy. This pass business is stupid.

 

[SKC]

Wtf !! Just open an entertainment district with high end restaurants and pubs and give licenses to them. Anyone can come and buy. This pass business is stupid.

It's a business-oriented City not a Pub-Bar tourist-oriented District.

 

[Cheepek]

IMF reclassifies India's exchange rate regime to 'stabilised arrangement' due to RBI's forex interventions | Mint (livemint.com)

 

[Concard]

IMF reclassifies India's exchange rate regime to 'stabilised arrangement' due to RBI's forex interventions | Mint (livemint.com)

Looks like RBI is again buying dollars in the market. That is why every week there is an $5 billion increase in forex. I think they should continue buying dollars. Now that inflation is subsiding and with dollar getting stronger it is better to buy it now rather than later. Our imports are growing at a rapid pace without much increase in exports. So RBI should target forex of $750 billion. We don't know when will be the next crisis, the last crisis that is the Ukraine war sent crude souring. If RBI wouldn't have shored up the reserves during COVID time we might have been in big trouble. We burnt through $120 billion to defend INR and almost came out unscathed from the crisis.

They should not pay heed to IMF and do what is necessary to make sure INR is not swinging wildly in the exchange market. We should try to maintain INR 80 to the dollar for now. It is already depreciated enough from 75.

 

[FalconSlayers]

Looks like RBI is again buying dollars in the market. That is why every week there is an $5 billion increase in forex. I think they should continue buying dollars. Now that inflation is subsiding and with dollar getting stronger it is better to buy it now rather than later. Our imports are growing at a rapid pace without much increase in exports. So RBI should target forex of $750 billion. We don't know when will be the next crisis, the last crisis that is the Ukraine war sent crude souring. If RBI wouldn't have shored up the reserves during COVID time we might have been in big trouble. We burnt through $120 billion to defend INR and almost came out unscathed from the crisis.

They should not pay heed to IMF and do what is necessary to make sure INR is not swinging wildly in the exchange market. We should try to maintain INR 80 to the dollar for now. It is already depreciated enough from 75.

Our imports aren't really growing faster than exports. Rather they've gone down faster than exports.

But I get your point.

 

[Shuturmurg]

Looks like RBI is again buying dollars in the market. That is why every week there is an $5 billion increase in forex. I think they should continue buying dollars. Now that inflation is subsiding and with dollar getting stronger it is better to buy it now rather than later. Our imports are growing at a rapid pace without much increase in exports. So RBI should target forex of $750 billion. We don't know when will be the next crisis, the last crisis that is the Ukraine war sent crude souring. If RBI wouldn't have shored up the reserves during COVID time we might have been in big trouble. We burnt through $120 billion to defend INR and almost came out unscathed from the crisis.

They should not pay heed to IMF and do what is necessary to make sure INR is not swinging wildly in the exchange market. We should try to maintain INR 80 to the dollar for now. It is already depreciated enough from 75.

India's import has actually declined more than exports this year, so deficit has reduced.

 

[vin bharat mahan]

It is not "some Indians", as i said it's an organized multibillion dollar industry that involves legitimate companies and thousands of employees. This is a serious crime.

The solution lies not in namecalling each other but putting an end to it. This has a serious potential to destroy India's BPO sector.

And it is not something that is affecting Americans,we are too getting affected by it.Every other day i receive almost two dozen harassing scam calls and i feel like throwing away my phone.

out of 1.4 billion indians, even 1 million population is consider is "some". 14 million population makes 1% of india.
if any one can shut them down, than nobody hv problem...but main problem is who nd how we will shut them down. by d way phillipines etc already r stealing BPO services from india. due to western audience face problem with indian accent. so BPO services will surely going down from india in future. we need to focus on other IT sectors. even our focus should be to diversify customers from western countries. there economy soon going to face problem. so it definitely impact our IT services also.

 

[ListenLittleMan]

I think you can be more specific here - Indian civilization started falling apart with the advent for repeated Islamic invasions. Ik this is uncomfortable for our lolbert historians but it is what it is. Geopolitics and internal stability can drastically alter the fate of a nation.

As far as urban infra goes I have always suggested a union govt monitored national scheme on the lines of Swacch Bharat and Bharatmala. If states and local bodies could take care of urban infra they would have done so years ago.

No you are talking about a different period , I'm talking about what happened before Moha was even born, ancient India, what I'm trying to say is , our curiosity to know what is happening outside of our lands led to our downfall because we became contented with what we have , therefore fall apart in innovation , tech etc , and later when the onslaught happened down the years we didn't have the mechanism to prevent it and fell apart

 

[Concard]

India's import has actually declined more than exports this year, so deficit has reduced.

But what is the deficit? It's not in few billions or less than $50 billion. We are talking about $200 billion merchandize deficit every year and that isn't good for Indian economy or INR. We need stable INR. A stable INR can have easy policy making with respect to controlling inflation. We need more dollars in our forex for any future crisis.

 

[jai jaganath]

“India’s Own AI” — Krutrim: An India-Made Model Built From Scratch And Trained On Vast Indic Data

“It’s totally hopeless to compete with us on training foundational (AI) models… it’s your job to try anyway,” Sam Altman, the chief executive officer of ChatGPT maker OpenAI, said at The Economic Times Conversations in early June 2023

swarajyamag.com

 

[Azaad]

 

[Atavistic]

Delhivery launches its Mega Gateway Terminal in Bhiwandi, Maharashtra

 

[Swesh]

 

[NutCracker]

View attachment 233620

???

 

[vin bharat mahan]

View attachment 233620

is that ur upcoming honeymoon destination places??...u should also include hill station in it.

 

[Swesh]

View attachment 233620

The figure illustrates the different locations of India’s IT hubs

 

[Shuturmurg]

The figure illustrates the different locations of India’s IT hubs

Ahmedabad IT hub ?

 

[Swesh]

https://www.researchgate.net/publication/376519105_India's_Quantum_Move_From_Budget_Allocation_Action_and_Future_Challenges

 

[notaname]

The figure illustrates the different locations of India’s IT hubs

Why Indore is not there? What was the criteria?