Indian Economy

SKC said:
There is a coordinated attack on the Ola group including the Automotive Forums and social media like Twitter.
But there is issue with how Bhavish handles the communication with masses. He should give this work to his PR team instead.​
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Selling an substandard scooter will invite comments from Everyone. A week ago NDTV Profits showcased an Mumbai OLA Showroom where 100 of scooters were waiting for repairs. Some of the owners were really frustrated with the scooter. Like 3 times to showroom for fix within 6 months.

The general problem like poor panel fitting, quality of plastics, lack of spares and an Showroom network which is widely labelled as worse. Still their scooter have throttle lags which is an complaint from its existence.

Same has been reflected on their sales with market size dwindling as people started to see the problem and moving to safer option like TVS, Chetak, Ather.

Currently simply emulating Elon Musquito does not make any improvement. Someone teach Bhavish to stop talking like idiot and concentrate on bring good product and better support.


As an Ather Rizta owner and paid propagandist till now my scooter works as intended as what Ather advertised like Range, features etc.

Only downside is they are selling the scooter at way to high price. They need to build the batter in India otherwise they will become a small player.
 
m.rediff.com

Why 30-Day Samsung Strike Continues

Although the company has shown willingness to talk to its workers and accept their key demands, it is CITU that is causing a roadblock to a solution.
m.rediff.com m.rediff.com
 
another oxfam dishonesty exposed
=====
Last year, Oxfam published a report at World Economic Forum that claimed that the poorest 50% Indians pay 2/3rd GST.

This was widely carried by publications globally without any editorial curiosity. Like much disinformation targeting Modi govt, this claim too has stuck in popular imagination. Perhaps the stunning nature of it was part of that design. Oxfam published no calculation for this claim that doesn't even pass basic sanity test.

Thanks to a professor in Mumbai SP Jain, Dr Vidhu, the actual GST calculation based on NSSO data has been published. It shows the bottom 50% Indians pay 28% household GST and only 9% of overall GST.

Spreading such blatant fake news designed to create discontent and demoralisation amongst Indians is a very serious matter. Indian taxation is progressive as it should be. It is the middle class that feels they deserve a tax break. Such fake news limits the ability of the govt to take correct economic steps. It is time Indians realised such foreign NGOs are not our friends.

Our findings present a picture very different from Oxfam’s assertions. Household contributions to GST collections amounted to `6.19 lakh crore in 2022-23, representing 34 percent of total GST revenues of `18.07 lakh crore. The remaining comes from business-to-business transactions and government consumption.
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1728362181317.png

www.newindianexpress.com

Taxing truths: Decoding appropriate GST shares

“But sir, most of GST is paid by the poor in India.” This innocuous comment by a student during a discussion on the state of the Indian economy made me realise
www.newindianexpress.com www.newindianexpress.com


View: https://x.com/parag_alavani/status/1843501717813391620
 
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ezsasa said:
another oxfam dishonesty exposed
=====
Last year, Oxfam published a report at World Economic Forum that claimed that the poorest 50% Indians pay 2/3rd GST.

This was widely carried by publications globally without any editorial curiosity. Like much disinformation targeting Modi govt, this claim too has stuck in popular imagination. Perhaps the stunning nature of it was part of that design. Oxfam published no calculation for this claim that doesn't even pass basic sanity test.

Thanks to a professor in Mumbai SP Jain, Dr Vidhu, the actual GST calculation based on NSSO data has been published. It shows the bottom 50% Indians pay 28% household GST and only 9% of overall GST.

Spreading such blatant fake news designed to create discontent and demoralisation amongst Indians is a very serious matter. Indian taxation is progressive as it should be. It is the middle class that feels they deserve a tax break. Such fake news limits the ability of the govt to take correct economic steps. It is time Indians realised such foreign NGOs are not our friends.

View attachment 11575

www.newindianexpress.com

Taxing truths: Decoding appropriate GST shares

“But sir, most of GST is paid by the poor in India.” This innocuous comment by a student during a discussion on the state of the Indian economy made me realise
www.newindianexpress.com www.newindianexpress.com
?


View: https://x.com/parag_alavani/status/1843501717813391620
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@ezsasa This is another example of Social Engineering - fudging economic statistics continuously to create manufacture discontent. Guess benefits of FDI and self regulation gifted to Media?
 
Anants said:
:)
timesofindia.indiatimes.com

FDI in print media was decided after due consideration: PM | India News - Times of India

India News: LUCKNOW: Prime Minister Atal Bihari Vajpayee said on Friday the decision for allowing Foreign Direct Investment in the print media had been taken afte
timesofindia.indiatimes.com timesofindia.indiatimes.com
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haven't looked into this.

but if there was no FDI there wouldn't have been set top boxes and cable TV penetration post 91. they wouldn't have the USD to import set top boxes and cable TV equipment from singapore, hongkong and taiwan. 100% FDI allowed in entertainment TV channels, i don't track them, maybe something is happening there.

as far as print goes, we can check a few major ones.

-Times of India doesn't seem to have foreign investment

https://india.mom-gmr.org/en/media/...otal shares of the,Arth Udyog Limited (9.30%).

- Dhindu is fully owned by kasturi family

- Hindustan times seems to be having just about .9% FII exposure.
https://trendlyne.com/equity/share-holding/575/HTMEDIA/latest/ht-media-ltd/

- Indian express seems to have 9% ownership by shekhar gupta, other than the founder's family.

https://india.mom-gmr.org/en/media/...ldings and Private,Verghese, Vinayak Shete, S.

in news media, to me it looks like the ideological bias is either because of marxism in humanities edu system or post emergency capitulation of majority of national news media to INC.

for past 10-15 years, we have the trend of premji and majumdar types funding a string of commie digital news media outlets like newlaundry and newsminute.
 
Ayan Barat said:
Just like all other mediocrities, we have become too acclimatized to this one. "4th country after US, Russia, China" or "To soon join the exclusive club" have given us so much pride that we don't even yearn to become first.

You mentioned opportunity cost; it is no doubt a big reason why we're still archaic but in my opinion there's something even more important that we often exponentially overlook...the academia. Except for a few hundred people no one here even dreams to take up R&D.

Here's a little thought experiment.
Some 1.5 million candidates appear for JEE-Mains, ask them whether the reason they want to take this test is that they're deeply interested in a certain topic and want to use a certain department of a certain college to learn more or not. And then see how many answers in line with something like this "last year X department of this Y had the highest package of Z lpa, so that's why I wanna pursue technology"

We look at Northrop Grumman or Lockheed Martin with utter bewilderment that how come they think of F-117, B-2 and then at last console ourselves saying that they've a larger capital.
Yes they've, because firms there invest in academia. And this happens because MIT or CalTech works on ground breaking topics. It becomes a self sustaining cycle.

My usual brain rot yapping ends
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remedy is that you have consciously make an effort to start recognising India for what it is, instead of frequent excessive idealistic benchmarking. there will be equations which exist only in India and no where else.

for starters, india's union budget in 1947 was 197 crores, of which 92 crores was earmarked for kashmir war, which leaves 105 crores for 34 crore population, that's 3 Rs per capita budgeted spending for that year, that is 25 paise(4 annas) per person per month.

from there, the country is now 5th largest economy. a lot of things must have gone right for us to get here.

unlike other countries, our education system and media discourse is not designed to build self-confidence in India story, you have to do that on your own.
 
1 .

agrowon.esakal.com

Warna Sugar Factory : ‘वारणा कारखाना जतला सौरऊर्जा प्रकल्प उभारणार’

Kolhapur News : ‘‘जत (जि. सांगली) येथे तात्यासाहेब कोरे वारणा साखर कारखान्याच्या १०० एकर जमिनीवर २० मेगावॅट क्षमतेचा सौर ऊर्जा प्रकल्प येत्या तीन महिन्यांत उभार
agrowon.esakal.com agrowon.esakal.com

2 .

timesofindia.indiatimes.com

After a bumper harvest in iPhone production, Apple set to make AirPods in India | India News - Times of India

India News: Apple is set to start manufacturing AirPods in India with a focus on global exports. Production will begin with casing at Jabil’s Pune factory and ass
timesofindia.indiatimes.com timesofindia.indiatimes.com

3 .

www.navarashtra.com

सिंधुदुर्ग MIDC मध्ये येणार फार्मा उद्योग, कोकणवासीयांना मिळणार रोजगार

सिंधुदुर्गामधील स्थानिकांना रोजगाराची संधी उपलब्ध केली जाणार आहे. एमआयडीसीमध्ये फार्मा उद्योग येणार आहे. यासाठी सरकारने मोठी जमीन राखून ठेवली आहे. या उद्योगांमुळे कोकणवासीयांना रोजगार मिळणार आहे.
www.navarashtra.com www.navarashtra.com

4 .

www.autocarpro.in

Mercedes-Benz begins local production of new E-Class LWB in India | Autocar Professional

The vehicle is set to make its debut in India on October 9, 2024.
www.autocarpro.in www.autocarpro.in

5 .

m.economictimes.com

Jawaharlal Nehru Port posts 16.49 pc growth in container traffic at 596,790 TEUs in Sep

Jawaharlal Nehru Port reported a 16.49% increase in container traffic with 596,790 TEUs handled in September 2024, compared to the previous year's 512,316 TEUs. Total port traffic rose 6.14% to 7.38 million tons. The port attributes its consistent growth to efficient terminal operations aligned...
m.economictimes.com m.economictimes.com

6 .

timesofindia.indiatimes.com

Godrej Properties Q2 sale bookings up 3% to nearly Rs 5,200 crore - Times of India

Business News: Godrej Properties Ltd experienced a 3% rise in Q2 sale bookings to nearly Rs 5,200 crore, marking its highest ever for this period. The firm's sales b
timesofindia.indiatimes.com timesofindia.indiatimes.com

7 .

India: Energy equipment hub | ExxonMobil in Asia Pacific

Learn how we are investing in India for the energy supply chain as they are home to leading industrial-equipment manufacturers.
corporate.exxonmobil.com corporate.exxonmobil.com

8 .

m.economictimes.com

DroneAcharya to foray into US, European markets; eyes $50 mn revenue

DroneAcharya Aerial Innovations Ltd. has inked an agreement with American Blast Systems Inc. to deliver advanced drone solutions in the US and Europe. This partnership aims for $50 million in revenue over the next three years and positions India at the forefront of the global drone industry.
m.economictimes.com m.economictimes.com

9 .

m.economictimes.com

Google in talks to acquire 22.5-acre in Navi Mumbai for maiden India captive data centre

Google is in advanced negotiations to purchase a 22.5-acre land parcel in Juinagar, Navi Mumbai, for its first captive data center in India. The land, owned by Maharashtra Industrial Development Corporation (MIDC), currently leased to Gramercy Trade Industries, is valued at approximately Rs 850...
m.economictimes.com m.economictimes.com

10 .

www.lokmattimes.com

Italy's VLF Tennis Electric Scooter Specs for India Revealed, Launch Confirmed for November 2024 - www.lokmattimes.com

Italy's VLF Tennis Electric Scooter Specs for India Revealed, Launch Confirmed for November 2024 - NewsVoir Pune (Maharashtra) [India], October 5: The future of electric mobility is here, and it's more stylish, eco-friendly and ... Get Latest News on Business only on lokmattimes.com
www.lokmattimes.com www.lokmattimes.com

11 .

www.indianchemicalnews.com

Privi Speciality Chemicals JV 'Prigiv' commercialises Rs. 178 crore greenfield facility in Maharashtra

This greenfield facility is a state-of-the-art manufacturing unit, custom-built to produce smart volume fragrance ingredients of medium to high complexity exclusively for Givaudan
www.indianchemicalnews.com

12 .

timesofindia.indiatimes.com

Avaada to Launch Largest Indigenous Solar Module Plant in India with ₹13,000 Crore Investment | Nagpur News - Times of India

Avaada Group is set to unveil its $1.5 billion solar module and electrolyzer plant in Butibori, Nagpur, aiming for 100% indigenous production within a year, eliminating reliance on imports, and revolutionizing the solar energy sector in India.
timesofindia.indiatimes.com timesofindia.indiatimes.com
 
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Aaj Ka Hero said:
Tata scion Ratan Tata ji is no more.
God bless his soul, guy launched and most important of all dared many new things, Tata Sierra and Tata Safari when launched were ahead of their time.
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RIP
His biggest achievement is not in the field of automobiles but creating mass employment in a country struggling to create enough jobs, especially for graduate engineers and technicians. TCS is the largest employer with over 7 lakh graduate engineers, and the TATA group as a whole has over 1 million employees, making it the 3rd biggest employer after the Indian Army and Indian Railways.

1728520782597.webp
 
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