Indian Economy

[Nutcracker]

Unfortunately, the Wuhan virus played a spoilsport. The trajectory would look different otherwise,

61 --> 8 --> 4 --> 3 --> 2(?)

We got pushed back by a cycle. Think KV Subramanian has talked about this before.

Notably, KVS does not see any long term impact (of the pandemic) on the Indian economy.

He has a dozen interviews floating on YT in which he is talking about "power of compounding".

 

[ezsasa]

Unfortunately, the Wuhan virus played a spoilsport. The trajectory would look different otherwise,

61 --> 8 --> 4 --> 3 --> 2(?)

We got pushed back by a cycle. Think KV Subramanian has talked about this before.

Notably, KVS does not see any long term impact (of the pandemic) on the Indian economy.

yup and sanjiv sanyal too, people associated with PMO at that time, had consciously taken decisions factoring in that management of fallout of pandemic will need govt support on supply side and not demand side, which was contrary to what develop"mental" economists within the country, western economists outside were saying, western economists were encouraging distribution of income support in cash which later led to inflation.

chini virus started in dec 2019, by may 2020 gormint had started announcing policy measures.

this "antithesis" having actually worked, and suppression of it from academic discourse outside of gormint, is another wool our develop"mental" gyanis pulled over public's eyes. if a similar idea had comes from some western govt, bloody they would have been swooning over it and labelling it as invention next best to gravity.

 

[ArjunMK1A]

i will only buy e vehicle, if two wheeler gives 300 km nd four wheeler gives 600 km real world range. may be possible in india in near 4-5 years. here i m talking about two wheeler priced near 3 lakh nd four wheeler near 30 lakh price range.

Bruh man. I bought Ather Rizta recently and it is more than enough for my use. Charge once a week and and getting a range of 130-140.

Even in office commute of 50Km it is more than enough. Consume 4 unit and if you have solar panel. It is free of cost.

 

[haldilal]

 

[jaijaganath]

View: https://x.com/IndianTechGuide/status/1831888322031186205

Wth is this now

 

[FalconSlayers]

Wth is this now

Fake news

 

[FalconSlayers]

View: https://x.com/IndianTechGuide/status/1832033510028386775

 

[concard]

View: https://x.com/IndianTechGuide/status/1832033510028386775

I believe RBI is now back to buying dollars from the open market. The INR is at close to 84. And they are not worried about it. They are allowing INR slowly to depreciate so that exports remain competitive. I think it is good to accumulate dollars and when the time comes they can use them to defend INR. That is what RBI did when Russia invaded Ukraine. We went from having $640 billion to $525 billion. By this year end it will be above $700 billion. Let's see how soon we can touch $1 Trillion.

 

[jaijaganath]

Fake news

I guess it's not many genuine handles are reporting it

 

[Suryavanshi]

I guess it's not many genuine handles are reporting it

It's a misinterpretation.
Gst will not be given by public but the aggegatir like razorpay, pine labs.

 

[abdus salem killed]

Study by European University blames Global South for plastic pollution, overlooks the role of plastic industry and waste trade | Break Free From Plastic

Manila, Philippines— The University of Leeds in the United Kingdom published on Wednesday an article in the Nature Journal stating that more than two-thirds

www.breakfreefromplastic.org

 

[crazywithmath]

I believe RBI is now back to buying dollars from the open market. The INR is at close to 84. And they are not worried about it. They are allowing INR slowly to depreciate so that exports remain competitive. I think it is good to accumulate dollars and when the time comes they can use them to defend INR. That is what RBI did when Russia invaded Ukraine. We went from having $640 billion to $525 billion. By this year end it will be above $700 billion. Let's see how soon we can touch $1 Trillion.

Yeah, they were keeping USDINR between 83 and 83.5, it seems they are content with anything below 84 for now - they will intervene if USDINR goes past 84 in the coming months.

 

[Vinash]

Watch out for this report. Will effect FDI.


View: https://x.com/chamath/status/1832116890396668224

 

[haldilal]

$125 million investment in Akasa Air soon? Family offices of Wipro’s Azim Premji, Manipal Group’s Ranjan Pai look to board new airline - Times of India

India Business News: Akasa Air is in discussions for a significant $125 million minority stake investment with Premji Invest and Claypond Capital to support its expansion

timesofindia.indiatimes.com

Akasa Air hits a milestone. But are there reasons to celebrate?

An explainer on Akasa Air's path to profitability.

finshots.in

 

[bakofbakchod]

Study by European University blames Global South for plastic pollution, overlooks the role of plastic industry and waste trade | Break Free From Plastic

Manila, Philippines— The University of Leeds in the United Kingdom published on Wednesday an article in the Nature Journal stating that more than two-thirds

www.breakfreefromplastic.org

It is inexcusable how filthy india looks. Every reel of indian streets make me cringe due to the garbage, thrown plastics, broken/encroached footpaths and grime. A smaller city like Indore which looks somewhat cleaner than most Indian cities, employs 11000 workers to keep the streets clean, many of which are hired through private contractors. Just image how many jobs you can create through waste management industry. Every city should minimally congregate garbage and burn them in incineration plants. Fancy recycling like western countries can come later once minimal cleanliness is achieved.

How Indore Became India’s Cleanest City (And How Others Can Follow)

Indore, Madhya Pradesh: Every morning, garbage vans across Indore play the celebratory song, “Indore hua hai number one (Indore has become number one),” sung by Bollywood singer Shaan in 2017, when...

www.indiaspend.com

 

[Freedom Thru Firepower]

A much needed relief, hope they reduce & don't rollback post upcoming state elections

View: https://x.com/IndianTechGuide/status/1832327947379994923

 

[Blademaster]

I believe RBI is now back to buying dollars from the open market. The INR is at close to 84. And they are not worried about it. They are allowing INR slowly to depreciate so that exports remain competitive. I think it is good to accumulate dollars and when the time comes they can use them to defend INR. That is what RBI did when Russia invaded Ukraine. We went from having $640 billion to $525 billion. By this year end it will be above $700 billion. Let's see how soon we can touch $1 Trillion.

Why the fuck do we want $1T? All that does is put India under more blackmail by US. We need to strengthen the Indian Rupee so people around the world would start trading for Indian rupees. We need to make Indian rupees attractive so people around the world would want Indian rupees and we will be able to control our inflation and money supply.

 

[concard]

Why the fuck do we want $1T? All that does is put India under more blackmail by US. We need to strengthen the Indian Rupee so people around the world would start trading for Indian rupees. We need to make Indian rupees attractive so people around the world would want Indian rupees and we will be able to control our inflation and money supply.

That is not going to happen anytime soon. Infact even GoI wouldn't want that. Even Chinese have not attempted at doing that. First build your industrial capacity, make sure you are technologically self reliant which by the way will take 50 years of consistent effort. Mastering all the Jet Engine technology to Lithographic machines and plethora of other technologies is no small feat for any country. And once your population have reached middle income status then by all means play the big power game. Otherwise, it is a futile endeavor.

On one side it will be difficult to convince other countries to use your currency which will have no takers other than your own. And on other side you don't want your currency to appreciate rapidly which will hurt exports. Which ever way you look at it, you have no option but to use dollar for the time being. Strike the iron only when it is hot otherwise you will be simply wasting your time and energy without getting anything in return.

 

[Ultraman]

View: https://x.com/IndianTechGuide/status/1831888322031186205

Wth is this now

its only for debit/credit cards + netbanking

companies say they already got notices for hundereds of crores . g-s-t terrorism .

Payments companies BillDesk, CCAvenue handed GST bill for transactions below Rs 2,000

More than 80% of the total digital payments in India are of less than Rs 2,000 in value. The payments aggregators have not been charging tax on the service they provided to merchants on such transactions, following a government notification issued during demonetisation in 2016.

economictimes.indiatimes.com

 

[Cheepek]

Study by European University blames Global South for plastic pollution, overlooks the role of plastic industry and waste trade | Break Free From Plastic

Manila, Philippines— The University of Leeds in the United Kingdom published on Wednesday an article in the Nature Journal stating that more than two-thirds

www.breakfreefromplastic.org

We don't hate Europeans enough