Indian Economy

[crazywithmath]

 

[concard]

I fear this is wishful thinking.
I dont know much about economics, but i do know a helluva lot about history. And as i noted before, the #1 economic power has never ever lost a trade war with a lesser entity. And make no mistake, China is the bigger economy power than USA, because in trade war, your assets count for jack shit, all that counts is your export output.
India, the largest exporter in the ancient world CRUSHED roman economy despite rome trying everything including banning indians from rome ( rome never did this to anyone else).
Didnt work.
Qing Dynasty China ALSO crushed UK in economic war, which UK didnt win until the economic war went into kinetic war in Opium war phase. Because in 1700s, Qing China was the economic giant of the world and made up 30% of world GDP.

And lets look at logistics - how do we stop cheaper goods from getting in to our country, when we cannot stop russians from getting banned goods into their country ?? like...exporting electronics from murrica to russia gets you in JAIL....yet it finds its way to Russia. yet, busting tariffs = fine, not jail.

So how is a far less punitive system supposed to stop goods-flow, when a far stronger punitive system (sanctions) failed ???

From history, i am deducing this is America's Roman empire moment of 'ban the damn indians before they suck us completely dry' : too little, too late and typical of a dying power to act aggressively as one last push before final death rattle.

You are comparing today's situation with a world which was far different than you can imagine. Since you admitted you don't know economics here is a simple logic on who stands where.

China exports more than it imports with respect to US. So US has far more leverage to inflict pain on China because China is dependent on US to absorb their goods. The fact that US dollar is also the world reserve currency used in trade also plays in favor of US. China cannot win this war. Their economy relies on global trade. Shut off global trade or if enough important countries put up trade barriers for their goods then you see the real effect taking place in China.

 

[GaudaNaresh]

You are comparing today's situation with a world which was far different than you can imagine. Since you admitted you don't know economics here is a simple logic on who stands where.

China exports more than it imports with respect to US. So US has far more leverage to inflict pain on China because China is dependent on US to absorb their goods. The fact that US dollar is also the world reserve currency used in trade also plays in favor of US. China cannot win this war. Their economy relies on global trade. Shut off global trade or if enough important countries put up trade barriers for their goods then you see the real effect taking place in China.

You cannot shut off global trade of the export giant who exports more than you and is main trade partner of most of the world.

Usa is also in a catch-22 : Either weaken dollar to compete in export market so it can lure back industry and risk usd dumping from reserve currencies due to depreciating value and thus risk dollar collapse this way, or do nothing and let dollar collapse under mountain of debt coz usa is shitty exporter and mega importer.

As a successful casino gambler and a history guy, I never ever bet on " first time in Human history " scenarios.

 

[ArjunMK1A]

since i distrust Indian news media, i can easily read these plethora of articles that are coming up on bureaucratic hurdles as being timed to scare away prospective investors, timed during a global trade war initiated by murican president.

imagine a scenario where some investor trying to figure out a new country to move to and is in a pre-market research stage, and the algorithm is dumping these sort of articles onto the individual.

i had once written the case of how pakiland almost became a IT hub. apparently in 90's some gora company reps was tasked to scout locations for their IT company in sooth asia, the team visited India and pakiland. Indian hosts gave the routine professional courtesy during the visit, pakis on the other hand went overboard with their hospitality. and finally during dinner paki hosts proudly announced their food was also tested for poison on behalf of the honoured guests. the scouting team selected India, they'd prefer chaos of India rather having to get their food tested for poison.

first impressions matter.
======

View: https://x.com/DivaJain2/status/1909416354051994044

Market already responding to OLA. Sales is getting dwindled each month.

 

[Ajayant Tripathi]

You cannot shut off global trade of the export giant who exports more than you and is main trade partner of most of the world.

Usa is also in a catch-22 : Either weaken dollar to compete in export market so it can lure back industry and risk usd dumping from reserve currencies due to depreciating value and thus risk dollar collapse this way, or do nothing and let dollar collapse under mountain of debt coz usa is shitty exporter and mega importer.

As a successful casino gambler and a history guy, I never ever bet on " first time in Human history " scenarios.

My assessment is following: The US is now shifting from a blacklisting to whitelisting style of economy. The blanket tariffs are akin to blacklisting everyone. It prevents China from rerouting and others from trying to become transshipment hubs. I think others too will eventually follow US in it. They have no option. So, they will make deal with US. They will be whitelisted in turn uncle sam will ask for chinese isolation and reliable access. They are not about onshoring industry en masse. They are about creating a strategic mass of industries which USA can reliably access. It could have been done more diplomatically but off late islamists and communists have penetrated EU elites. Thats why trump was forced to shoot in public square and share the blame when the Chinese creep was systematically cutting the pockets of others.

 

[notaname]

The Reserve Bank of India has slashed the repo rate by 25 basis points to 6%. Governor Sanjay Malhotra announced the unanimous decision by the Monetary Policy Committee, signalling a shift in India's monetary policy stance. This move is expected to stimulate economic growth and boost lending activities. The rate cut comes amidst improving inflation outlook and robust GDP growth projections for FY2025-26.

#RBIPolicy #MonetaryPolicy #RBI #MPC #RBIToday

@RBI @GovSMalhotra



View: https://x.com/DDNewslive/status/1909863621594673502?t=POgJf0RFKT2Tz8zFXSVz0Q&s=19

 

[sameer]

Steel imports up 15%. And the biggest imports are not even from China, it's from South Korea apparently.

Most likely, these are higher quality steel grades that our dhandhomaxxers with 100+ years of steel-making experience can't make.

India net importer of finished steel in 2024/25, data shows

India became a net importer of finished steel for the second consecutive year, with imports rising 14.6% to 9.5 million metric tons. Exports declined by 35.1% to 4.9 million metric tons. To curb imports, India has recommended a temporary 12% tax on some steel products. Crude steel production...

economictimes.indiatimes.com

India's Rising Steel Imports: A Cause for Concern?

India’s finished steel imports surged by 15.8% year-on-year in the first 11 months of FY24, reaching 8.

www.linkedin.com

 

[Kedar]

My assessment is following: The US is now shifting from a blacklisting to whitelisting style of economy. The blanket tariffs are akin to blacklisting everyone. It prevents China from rerouting and others from trying to become transshipment hubs. I think others too will eventually follow US in it. They have no option. So, they will make deal with US. They will be whitelisted in turn uncle sam will ask for chinese isolation and reliable access. They are not about onshoring industry en masse. They are about creating a strategic mass of industries which USA can reliably access. It could have been done more diplomatically but off late islamists and communists have penetrated EU elites. Thats why trump was forced to shoot in public square and share the blame when the Chinese creep was systematically cutting the pockets of others.

I think this theory does have some legs but its clear US has hollowed out in most ways and only inertia of its existing strength in financial and military still gives it lot of punching power, so its now or never to act for anyone that is interested to retain its eminence and Trump seems to think so, its the final shots of sorts and you will see lot more dismantlements. 100% right on Euro trash comment, they are useless cucks along with Canadians...chickens coming home to roost or emperor caught naked and so on.....pre-steps to wars and we are slowly getting there and i do see a need for correction via wars and I hope India is prepared to grab opportunities this time.

 

[Kedar]

As a successful casino gambler and a history guy, I never ever bet on " first time in Human history " scenarios.

IS there something that you aren't?

You cannot shut off global trade of the export giant who exports more than you and is main trade partner of most of the world.

Yes you can and it happened many times and they closed airspace for Russia, banned medicines and prevented them from IOC...all from "democracy and freedom, liberty" blah blah activist countries which when you think about it are somewhat unbelievable to the extent they went in normalizing nazi like behavior and the rest of the world just moved on....Russia would do the same if it was India on the receiving end.....global trade can be shut off intentional or unintentional and covid times paralyzed it too....its very easy to disrupt trade and has been done many times leading to wars.

 

[ezsasa]

RBIwallahs devaluing INR in anticipation of a global meltdown. Things not looking pretty.

@ezsasa

on these imports that land up in ports this week, their contracts in USD must have been locked months prior.

any idea when these contracts get signed, does exchange rate also gets frozen with the banks when paperwork for these contracts are being processed months/years prior?

or is it the case, importers prefer free floating and take the risk on fluctuating exchange rate?

 

[crazywithmath]

on these imports that land up in ports this week, their contracts in USD must have been locked months prior.

any idea when these contracts get signed, does exchange rate also gets frozen with the banks when paperwork for these contracts are being processed months/years prior?

or is it the case, importers prefer free floating and take the risk on fluctuating exchange rate?

Many of those importers prefer forward contracts - especially the ones that import garments, shoes etc. Few might prefer free floating tho.

 

[haldilal]

Ya'll Nibbiars Next time when some one says We Maharashtrians don't have Entrepreneurial Spirit Remember this, they are the living example that we can also contribute Substantially to not just Nation Building but also world wide, almost all are Brahmans expect two Maharashtrian Lingayats, the days still has to come for a Maratha Billionaire, then the circle would be complete.

Not including Titular Rulers and Politicians in this at all,

1 . Baba Kalyani, 4 Billion Dollars. Kalyani Group, Maharashtrian Lingayat.

2 . Anant Yardi, 3 Billion Dollar, We works, Maharashtrian GSB.

3 . Anand Deshpande, 3 Billion Dollars, Persistent Systems, Deshastha Brahmans.

4 . Sajnay Kirloskar, 2 Billion Dollars, Kirloskar Brother's, Karhade Brahman.

5 . Virendra Mhaiskar, 1.5 Billion Dollars, IRB, Chitpavan Brahman.

6 . Ravi Pandit, 1.2 Billion Dollars, KPIT, Deshastha Brahmans.

7 . Kishor Patil, 1.2 Billion Dollars, KPIT, Maharashtrian Lingayat.

8 . Neha Narkhede, 1.1 Billion Dollars, Confluent, Deshastha Brahman.

9 . Ajay Shirke, 1 + Billion Dollars, B.G Shirke, Agri.

10 . Vivek Ranadive, 1 Billion Dollars, Sacramento Kings, CKB Bharman.

11 . Garware Family, 1 Billion Dollars, Garware Group, Deshastha Brahman.

12 . Rahul Kriloskar, 1 Billion Dollars, Kirloskar Brother's, Karhade Brahman.

13 . Ajay Kriloskar, 1 Billion Dollars, Kriloskar Brother's, Karhade Brahman.

 

[Magadha Naresh]

Ya'll Nibbiars Next time when some one says We Maharashtrians don't have Entrepreneurial Spirit Remember this, they are the living example that we can also contribute Substantially to not just Nation Building but also world wide, almost all are Brahmins expect two Maharashtrian Lingayats, the days still has to come for a Maratha Billionaire, then the circle would be complete.

Not including Titular Rulers and Politicians in this at all,

1 . Baba Kalyani, 4 Billion Dollars. Kalyani Group, Maharashtrian Lingayat.

2 . Anant Yardi, 3 Billion Dollar, We works, Maharashtrian GSB.

3 . Anand Deshpande, 3 Billion Dollars, Persistent Systems, Deshastha Brahmins.

4 . Sajnay Kirloskar, 2 Billion Dollars, Kirloskar Brother's, Karhade Brahmin.

5 . Virendra Mhaiskar, 1.5 Billion Dollars, IRB, Chitpavan Brahmin.

6 . Ravi Pandit, 1.2 Billion Dollars, KPIT, Deshastha Brahmins.

7 . Kishor Paril, 1.2 Billion Dollars, KPIT, Maharashtrian Lingayat.

8 . Neha Narkhede, 1.1 Billion Dollars, Confluent, Deshastha Brahmin.

9 . Ajay Shirke, 1 + Billion Dollars, B.G Shirke, Agri.

10 . Vivek Ranadive, 1 Billion Dollars, Sacramento Kings, CKB Bharmin.

11 . Garware Family, 1 Billion Dollars, Garware Group, Deshastha Brahmin.

12 . Rahul Kriloskar, 1 Billion Dollars, Kirloskar Brother's, Karhade Brahmin.

13 . Ajay Kriloskar, 1 Billion Dollars, Kriloskar Brother's, Karhade Brahmin.

Halde , who said anything about maratha entrepreneurs and billionaires?
Anyway thanks for the list

 

[Kedar]

Brahmin

Brahman bola karo bhai...being one brings satisfaction to me when bramhan is used....not sure where bramhin came from, probably angrez or chuslims

 

[ezsasa]

Ya'll Nibbiars Next time when some one says We Maharashtrians don't have Entrepreneurial Spirit Remember this, they are the living example that we can also contribute Substantially to not just Nation Building but also world wide, almost all are Brahmans expect two Maharashtrian Lingayats, the days still has to come for a Maratha Billionaire, then the circle would be complete.

Not including Titular Rulers and Politicians in this at all,

1 . Baba Kalyani, 4 Billion Dollars. Kalyani Group, Maharashtrian Lingayat.

2 . Anant Yardi, 3 Billion Dollar, We works, Maharashtrian GSB.

3 . Anand Deshpande, 3 Billion Dollars, Persistent Systems, Deshastha Brahmans.

4 . Sajnay Kirloskar, 2 Billion Dollars, Kirloskar Brother's, Karhade Brahman.

5 . Virendra Mhaiskar, 1.5 Billion Dollars, IRB, Chitpavan Brahman.

6 . Ravi Pandit, 1.2 Billion Dollars, KPIT, Deshastha Brahmans.

7 . Kishor Paril, 1.2 Billion Dollars, KPIT, Maharashtrian Lingayat.

8 . Neha Narkhede, 1.1 Billion Dollars, Confluent, Deshastha Brahman.

9 . Ajay Shirke, 1 + Billion Dollars, B.G Shirke, Agri.

10 . Vivek Ranadive, 1 Billion Dollars, Sacramento Kings, CKB Bharman.

11 . Garware Family, 1 Billion Dollars, Garware Group, Deshastha Brahman.

12 . Rahul Kriloskar, 1 Billion Dollars, Kirloskar Brother's, Karhade Brahman.

13 . Ajay Kriloskar, 1 Billion Dollars, Kriloskar Brother's, Karhade Brahman.

counting anand mahindra as a punjabi is it?

 

[Ajayant Tripathi]

View: https://x.com/narendramodi/status/1909945953982820454

He does the work and loosers take credit for it. KCR is enjoying MSP-regime credit which was actually made so much easier by Modiji's DBT. Now, The loosers will claim credit for it too.

My man needs love and support. All the wolves are hoveling to take a piece out of him.

 

[johny_baba]

Brahman bola karo bhai...being one brings satisfaction to me when bramhan is used....not sure where bramhin came from, probably angrez or chuslims

since it's not easy to romanise 'maatraa' of our words, angrez used to write both brahman and brahmin in their works, eventually word 'brahman' became synonymous with ब्रह्मन् concept of vedas and other dharmashashtras, and pandit-priest caste ब्राह्मण started to be written as brahmin

for roz baroz ka vyavyaar both spellings go just fine

btw, Jai Dada Parashuram bandhu

 

[johny_baba]

Halde , who said anything about maratha entrepreneurs and billionaires?
Anyway thanks for the list

there was some twitter level tu-tu-me-me by gaurav pradhan chhaps who went like muh surat diamond bourse muh GIFT city meme hurr durr will undermine mumbai as most branch offices shall shift there, then when people called them out they went like muh mumbai bizmen aren't enterprising enough and what not

 

[GaudaNaresh]

IS there something that you aren't?

Yes you can and it happened many times and they closed airspace for Russia, banned medicines and prevented them from IOC...all from "democracy and freedom, liberty" blah blah activist countries which when you think about it are somewhat unbelievable to the extent they went in normalizing nazi like behavior and the rest of the world just moved on....Russia would do the same if it was India on the receiving end.....global trade can be shut off intentional or unintentional and covid times paralyzed it too....its very easy to disrupt trade and has been done many times leading to wars.

Russia is not an export giant in the world by revenue.
And even if it was, the collective west has had 0% success in curtailing russian exports....
So how is this example valid ??

Ps: never met an old school active Indian who spent their whole free time always pursuing one interest or another or what ??

You think I have done a lot ? Lol. Go find people who become immigrants at age 17 and don't spend thousands of hours of their lives in their 20s playing video games and see how much things they have done with those excess 4000 hours the average tween plays on the pooter.

Put the gaming away at age 19 and then see by age 30 how many hobbies and interests you've pursued.

Funny thing is I am considered the laziest dude of my family by my own parents coz I still played pooter games on a rainy weekend, my bro has spent like 20 hours of his whole life gaming and his solution to rainy days is practice music.

 

[SwordOfDarkness]

View attachment 30005

Where is this from?