Indian Economy

[Cheepek]

View: https://youtu.be/lWyHVNuRemI

 

[FalconSlayers]

View: https://x.com/IndianTechGuide/status/1822838794174812263

 

[ezsasa]

was looking for when did tax slab exemptions start, the blog below says 1974-75​

=====

What is the history of tax rates in India?​

https://life.futuregenerali.in/life...-is-the-history-of-income-tax-rates-in-india/

with additional info..

Revisit the History of I-T Slab Rates (1944-45 to 2023-24)

Get to review the history of income tax slabs in different time frames (1944-45 to 2023-24) to know the income tax rate paid by Indians since independence.

blog.saginfotech.com

 

[jaijaganath]

https://www.moneycontrol.com/technology/made-in-india-pixel-smartphones-starts-rolling-out-in-the-country-article-12794361.html

 

[Tibarn]

India’s defence exports skyrocket by 78% in Q1 FY 2024-25, sets new benchmarks

Indias defence exports surged by 78% in the first quarter of FY 2024-25, reaching Rs.6,915 crore. This significant growth reflects India's ongoing efforts towards self-reliance in defence manufacturing, as highlighted in the Economic Survey 2023-24. The survey also noted that India achieved its...

economictimes.indiatimes.com

Synopsis

India’s defence exports surged by 78% in the first quarter of FY 2024-25, reaching Rs.6,915 crore. This significant growth reflects India's ongoing efforts towards self-reliance in defence manufacturing, as highlighted in the Economic Survey 2023-24. The survey also noted that India achieved its highest-ever defence exports of Rs.20,915 crore in FY 2023-24, a 25% increase from the previous year. The country is on track to meet its target of Rs 50,000 crore in defence exports within the next five years​

India’s defence exports skyrocket by 78% in Q1 FY 2024-25, sets new benchmarks

Indias defence exports surged by 78% in the first quarter of FY 2024-25, reaching Rs.6,915 crore. This significant growth reflects India's ongoing efforts towards self-reliance in defence manufacturing, as highlighted in the Economic Survey 2023-24. The survey also noted that India achieved its...

economictimes.indiatimes.com

 

[Miss Firing]

Big Win For Mineral Rich States In Court, Can Collect Past Dues On Royalty​

The court ordered that states can impose levies with effect from April 1, 2005 and the payments will be staggered in 12 years.​

Big Win For Mineral Rich States In Court, Can Collect Past Dues On Royalty

The Supreme Court today allowed mining-rich states to collect past dues on royalties from mining companies. The court ordered that states can impose levies with effect from April 1, 2005 and the payments will be staggered in 12 years.

www.ndtv.com

The Supreme Court today allowed mining-rich states to collect past dues on royalties from mining companies. The court ordered that states can impose levies with effect from April 1, 2005 and the payments will be staggered in 12 years.

Last month, the Supreme Court upheld state governments' right to levy royalty on mineral-bearing land, reasoning they had the competence and power to do so.

 

[ezsasa]

Big Win For Mineral Rich States In Court, Can Collect Past Dues On Royalty​

The court ordered that states can impose levies with effect from April 1, 2005 and the payments will be staggered in 12 years.​

Big Win For Mineral Rich States In Court, Can Collect Past Dues On Royalty

The Supreme Court today allowed mining-rich states to collect past dues on royalties from mining companies. The court ordered that states can impose levies with effect from April 1, 2005 and the payments will be staggered in 12 years.

www.ndtv.com

The Supreme Court today allowed mining-rich states to collect past dues on royalties from mining companies. The court ordered that states can impose levies with effect from April 1, 2005 and the payments will be staggered in 12 years.

Last month, the Supreme Court upheld state governments' right to levy royalty on mineral-bearing land, reasoning they had the competence and power to do so.

now develop"mental" economists will shed crocodile tears on core inflation for next few years, but they will not mention why core inflation has increased.

 

[Nutcracker]

India’s total exports estimated to grow at 2.81% in July 2024.The cumulative overall exports during April-July 2024 estimated to grow at 6.65%.

India’s total exports (Merchandise and Services combined) for July 2024* is estimated at USD 62.42 B

pib.gov.in

July trade data.
.
I'm not even posting screenshots this time. Nothing exciting is there Govt babus are fooling around with growth in export headline.
Trade deficit increases YOY and QOQ. Growth in merchandise trade deficit outpaces the Services surplus.

 

[ArjunMK1A]

View: https://x.com/IndraVahan/status/1822115970678493504

General Thumb rule with respect to Investments in India.

Always wait for the picture of land clearance and Bhoomi Phujan. Till then every MOU is fat air of gas.

 

[Chandra]

Ola got 70 patents for their 4680 Li-ion cell.


View: https://youtu.be/P0IXjto3Ahs?si=kTFfFr8JUN6xgCHl

 

[jaijaganath]

View: https://x.com/ishanagarwal24/status/1824023176738648439

 

[SKC]

View: https://x.com/ishanagarwal24/status/1824023176738648439

I understand the point of incorrect report but what is this embarrassing thing here?

This is a very common thing in Market: everyone tries to show themselves as the best.

 

[Chandra]

I understand the point of incorrect report but what is this embarrassing thing here?

This is a very common thing in Market: everyone tries to show themselves as the best.

It's actually not incorrect reporting. The asterisk literally reads " *Excluding China" on the screen.

Kuch logo ka Ghar chalta hai Twitter pe faltu ke controversy post karke.

 

[jaijaganath]

I understand the point of incorrect report but what is this embarrassing thing here?

This is a very common thing in Market: everyone tries to show themselves as the best.

No one is criticizing marketing
But sometimes one has to be sane while making comparison
All of the above are 4 wheeler makers where they plan to launch ev bikes
And what's the point of producing a chart while excluding major players
That was my case

 

[jaijaganath]

View: https://x.com/b_parkyn/status/1823946995318284442

 

[angryindian]

I understand the point of incorrect report but what is this embarrassing thing here?

This is a very common thing in Market: everyone tries to show themselves as the best.

This explains it all..



If he had included Chinese companies in the list,OLA would never have been in top 10.

 

[angryindian]

All mining companies have to pay retrospective taxes due from 2005.This is a big victory for Odisha and Chattisgarh whose local habitat, and environment were wrecked by these companies.

 

[newyork]

This explains it all..

View attachment 6854

If he had included Chinese companies in the list,OLA would never have been in top 10.

View attachment 6855
View attachment 6856

ou missed BYD; its market value is $95.6 billion

China's largest electric vehicle manufacturer, BYD.

 

[SKC]

This explains it all..

View attachment 6854

If he had included Chinese companies in the list,OLA would never have been in top 10.

View attachment 6855
View attachment 6856

Already aware of these things!

But the point is that Chinese companies are backed by CCP and being brute forced in any possible market around the world.
You have to exclude them to get the real picture of the EV companies from around the world.

For all his shenanigans and copying Musk to the core, Bhavish is the only serious player in the sector and able to get hold of 50% EV market share in India (2-wheeler sector).​

 

[haldilal]

1 .

Gramercy Techpark's Rs. 1495 Cr. Data Center Project in Maharashtra

Gramercy Techpark Pvt. Ltd. is set to revolutionize the data infrastructure landscape with its new data centre project in Airoli, Thane, Maharashtra. This ambitious project, valued at ₹1,495 crores, will feature a state-of-the-art facility spanning nine f

projxnews.com

2 .

Cabinet approves Rs 1765 crore for Clean Plant Programme

NEW DELHI: The Union Cabinet, chaired by Prime Minister Narendra Modi approved the Clean Plant Programme (CPP) with an investment of Rs 1765.65 crore to revolut

www.newindianexpress.com

3 .

Mazagon Dock Shipbuilders Secures ₹4,676 Cr Contract From ONGC

Mazagon Dock Shipbuilders has clinched a contract worth ₹4,676 crores from the Oil and Natural Gas Corporation (ONGC).

in.benzinga.com

4 .

JSW Energy gets contract from SECI for supply of 230 MW renewable energy

Bids were invited for supply of 630 MW of firm and dispatchable power from an inter state transmission system or ISTS-connected renewable energy project SECI-FDRE-IV, JSW Energy said in an exchange filing. With the latest contract, the company's total locked-in generation capacity has increased...

economictimes.indiatimes.com

5 .

Amara Raja signs Signs MoU with Piaggio India for lithium-ion cells | Autocar Professional

Amara Raja signs Signs MoU with Piaggio India for lithium-ion cells

www.autocarpro.in

6 .

Why the Indian Railways is rooting for this Pune startup

The technology, LISA, has finished its first pilot installation at Ghorpadi Yard

indianexpress.com

7 .

We Didn't Build Naturals To Sell It. IPO Also Not On Our Minds: Siddhant Kamath - Forbes India

When Raghunandan Kamath started Naturals in 1984, his heart didn't melt for an FMCG or QSR ice cream company. He wanted to build a differentiated, premium, artisanal, parlour brand. Forty years later, Naturals is the biggest brand in Mumbai and Maharashtra. Now the next-gen is taking it forward

www.forbesindia.com

8 .

How This E-Bike Startup Raced To INR 100 Cr Revenue By Redefining Micromobility

With the launch of its gigafactory by the end of 2024, EMotorad is looking to triple its vehicle production in FY25, which stood at 97K in FY24

inc42.com

9 .

Kinetic Green Secures $25 Million in Series A Round | Business

Electric vehicle manufacturer Kinetic Green has raised $25 million from Greater Pacific Capital as part of its Series A fundraising. The funds will be used to expand production, market current products, and support research and development. This marks Kinetic Green's first external equity...

www.devdiscourse.com

10 .

Godrej Properties acquires 90 acre land in Maharashtra with development potential of 1.7 million square feet - CNBC TV18

Godrej Properties Share Price | The land is located near Karjat Khopoli Road and is estimated to have a development potential of approximtely 1.7 million square feet of saleable area primarily comprising residential plotted development, the company said.

www.cnbctv18.com

11 .

Mumbai-based wealth and asset management firm Neo Group raises Rs 400 crore

Mumbai-based wealth and asset management firm Neo Group has raised Rs 400 crore in a Series B funding round led by Japan's MUFG Bank and New York's Euclidean Capital, with participation from existing investor Peak XV Partners.

indianstartupnews.com

12 .

Maharashtra govt assures sops, big expo centre for gem, jewellery sector

Maharashtra Government incentivises smart jewellery manufacturing, introduces Diamond Imprest Licence to boost MSME diamond exporters, aiming for $100 billion exports.

www.thehindubusinessline.com