Indian Economy

[ArjunMK1A]

Trains are the most efficient transport in the world.
Entering an Station is simpler than airports scans and security.
Trains can operate on the middle of city.
You can carry weights without any penalty.
Airplanes are worst polluters.

If you want HSR construction. Then large scale planning is required for viable routes.

Another point.

Currently I can 3 important stations in the following time of 15 mins, 35 mins and 45 mins.
But at the same current airport in Chennai is 20 mins for me. But the upcoming one is basically situated nearly 50 kms without proper transit facility. Lot of big airports are becoming like this.

Trains are badass.

Bullet train primary objective is cover large distance in less time. We need to build bullet train from North to South and east to West, then real objective will be meet. And govt need to give the project to multiple companies so that whole line can built in 1 or 2 years

It should be more viable routes which we can utilize first.
1. Chennai - Bengaluru - Hyderabad Triangle.
2. Bengaluru - Pune - Mumbai.
3. Mumbai - Nagpur.
4. Mumbai- Pune- Hyderabad.
5. Chennai - Trivandrum.
6. Bengaluru-Trivandrum.
7. Ahmedabad-Jaipur-Delhi.
8. Chennai - Vijayawada(Amaravathi)-Vizag-Bhuvaneshwar-Kolkata.
9. New Delhi - Agra - Gwalior - Bhopal - Nagpur -Hyderabad-Chennai. (Connects tourist place in Agra and major metro like Chennai and Hyd).

Only West and South Indian HSR will be more viable at present.

Eastern HSR is not viable due to poor States like UP, Bihar, JK. Madhya Pradesh and Chhattisgarh needs to buckle. Also If UP state put effort in getting industries in Lucknow, Kanpur, Prayagraj, Gorakphur, Varanasi. Then we can expect some HSR. Otherwise the above 9 will be safe bet.

 

[Blademaster]

We are really sleeping on the electric vehicle boom in the country. The sales of electric vehicles are nothing short of exponential .

SMEV EV Industry

www.smev.in

Sure year to year month to month some up and down may happen but the trend is very solid. I dunno about you guys but electric vehicles are no longer a rare sight on the roads atleast here in blore.
I am mainly excited about this trend because it will eventually lead to our reduced dependence on mleccha crude oil.
But almost all of this is in the petrol category whereas diesel is still king for most heavy vehicle categories .
Diesel engines are a marvel of engineering and matching their efficiency is a tall order. Kudos to the govmint for electrifying the railways... sure their consumption was only 5% of national diesel usage but the actual tonnage moved by them increases yearly hence reducing overall diesel consumption.
Roadkari has ideas of electric trucks powered by overhead wires on highways... This might not work in my opinion but it is heartening to see a high level mantri thinking along these lines.

Roadkari needs to start implementing nationwide stations of EV chargers and infrastructure. To overcome the high energy import bill we need to go the EV way. I do not think green hydrogen is viable.

 

[shade2]

India may soon manufacture all the mobile phones it needs instead of importing: Report​

https://www.hindustantimes.com/business/india-may-soon-manufacture-all-the-mobile-phones-it-needs-instead-of-importing-report-101728552459767.html

https://swarajyamag.com/news-brief/india-set-for-100-per-cent-smartphone-self-sufficiency-by-fiscal-year-end-as-local-manufacturing-surges-what-you-need-to-know

Clickbaity title by Patrakars but the gist of it is all latest and high end models of iPhone 16 Pro Plus Max, Samsung Galaxy S24 and Google Pixels are being assembled in India

This could either be because lots of richie-riches are buying these 60k+ costing phones, therefore it makes sense to setup a domestic assembly line for these Ambani-Adani phone models since eating the loss on import duties is pinching their profits.

OR

Googliya, Apple and Samsung plan to export these high end models, therefore setting assembly line here makes sense, and the small volume of domestic sales are also adequeately served

 

[Heat]

Another point.

Currently I can 3 important stations in the following time of 15 mins, 35 mins and 45 mins.
But at the same current airport in Chennai is 20 mins for me. But the upcoming one is basically situated nearly 50 kms without proper transit facility. Lot of big airports are becoming like this.

Trains are badass.




It should be more viable routes which we can utilize first.
1. Chennai - Bengaluru - Hyderabad Triangle.
2. Bengaluru - Pune - Mumbai.
3. Mumbai - Nagpur.
4. Mumbai- Pune- Hyderabad.
5. Chennai - Trivandrum.
6. Bengaluru-Trivandrum.
7. Ahmedabad-Jaipur-Delhi.
8. Chennai - Vijayawada(Amaravathi)-Vizag-Bhuvaneshwar-Kolkata.
9. New Delhi - Agra - Gwalior - Bhopal - Nagpur -Hyderabad-Chennai. (Connects tourist place in Agra and major metro like Chennai and Hyd).

Only West and South Indian HSR will be more viable at present.

Eastern HSR is not viable due to poor States like UP, Bihar, JK. Madhya Pradesh and Chhattisgarh needs to buckle. Also If UP state put effort in getting industries in Lucknow, Kanpur, Prayagraj, Gorakphur, Varanasi. Then we can expect some HSR. Otherwise the above 9 will be safe bet.

Delhi-Kanpur-Patna-Howrah will be the most viable long route HSR. 4 of the top 5 busiest stations exist on this route. This the artery that is making Northern India tick.
Building HSR on this route will further integrate the region and will speed up the much needed industrialization efforts along the route.

Also, the flat nature of the Gangetic plains from Delhi to Bengal will allow rapid construction of the HSR corridors.

 

[notaname]

EXCLUSIVE: Star Health is a $1.4B revenue insurance company whose CISO sold ~31 million Indians' data from salary to PAN card to a Chinese hacker for $43k.

Ever wondered how these things happen? Here's a breakdown of the events "allegedly" with video proof.

1. Amarjeet Khanuja, CISO of Star Health, reaches out to xenZen through a referral from denol on encrypted chat app Tox on July 6, 2024.
2. xenZen says yes and they negotiate and land on $28k for customer data on Monero (crypto). CISO doesn't know Bitcoin is a bad idea for this nor has ever used escrow.
3. CISO sends hacker login credential and an API endpoint w/details on their proton mail. Hacker sends money and gets it.
4. On July 20, CISO says I can also give you all the claims data. They agree on $15k and repeat the above.
5. Five days later, hacker says his access was revoked and CISO says "You've taken 5TB and I want $150k now because senior management wants a cut."
6. Hacker asks for a refund and gives final warning.
7. xenZen posted a sale listing on BreachForums for diplomatic passports of India (unrelated).
8. Sep 25 is when the starhealthleak website drops with 2 Telegram bots for customer and claims data.

From private sources, xenZen says he's bought and sold data from Indian companies before. Attached is video evidence which is unlikely to be spoofed.

The media did not care until I posted about it yesterday. Star Health responded by legal threats against Telegram and Cloudflare and a forensic investigation.

People in power in India (and perhaps elsewhere) will sell your data in a heartbeat. Why? No one seems to care.


View: https://x.com/deedydas/status/1844192307823902978?t=ORMkKi-uexLZ4fxtCD9Row&s=19

 

[shade2]

EXCLUSIVE: Star Health is a $1.4B revenue insurance company whose CISO sold ~31 million Indians' data from salary to PAN card to a Chinese hacker for $43k.

Ever wondered how these things happen? Here's a breakdown of the events "allegedly" with video proof.

1. Amarjeet Khanuja, CISO of Star Health, reaches out to xenZen through a referral from denol on encrypted chat app Tox on July 6, 2024.
2. xenZen says yes and they negotiate and land on $28k for customer data on Monero (crypto). CISO doesn't know Bitcoin is a bad idea for this nor has ever used escrow.
3. CISO sends hacker login credential and an API endpoint w/details on their proton mail. Hacker sends money and gets it.
4. On July 20, CISO says I can also give you all the claims data. They agree on $15k and repeat the above.
5. Five days later, hacker says his access was revoked and CISO says "You've taken 5TB and I want $150k now because senior management wants a cut."
6. Hacker asks for a refund and gives final warning.
7. xenZen posted a sale listing on BreachForums for diplomatic passports of India (unrelated).
8. Sep 25 is when the starhealthleak website drops with 2 Telegram bots for customer and claims data.

From private sources, xenZen says he's bought and sold data from Indian companies before. Attached is video evidence which is unlikely to be spoofed.

The media did not care until I posted about it yesterday. Star Health responded by legal threats against Telegram and Cloudflare and a forensic investigation.

People in power in India (and perhaps elsewhere) will sell your data in a heartbeat. Why? No one seems to care.


View: https://x.com/deedydas/status/1844192307823902978?t=ORMkKi-uexLZ4fxtCD9Row&s=19

No wonder today you have a lot of targeted scam calls where they seem to have all of your info

 

[SlayingHell]

No wonder today you have a lot of targeted scam calls where they seem to have all of your info

Why did they even have a Single Point of Leak in first place? Unless they cheapened out on it and they know unlike EU, Gormint doesn't give a shit about Privacy. Heck, even common citizens doesn't give a shit about Privacy.

 

[ezsasa]

yesterday was looking at some numbers. since we call ourselves mai baap sarkari system, how many mai baaps are actually there in the system in proportion to population.

India - 3.8% (not counting military and state govt) 2011 census
Pakistan - 7%
United states - 13%
srilanka - 15%
china - 28%
france - 20%
UK - 22%
saudi - 38%
russia - 40%
cuba - 77%
Oman - 78% (highest in the world)

* haven't gone into whether definition is the same for this data collected across countries by ILO

- India is one of the lowest proportions along with beedis.
- one of the reasons SL economy effed up, is because of proportion of govt employees they have without having complexity in economy.

Public Sector Size by Country 2024

worldpopulationreview.com

 

[shade2]

Why did they even have a Single Point of Leak in first place? Unless they cheapened out on it and they know unlike EU, Gormint doesn't give a shit about Privacy. Heck, even common citizens doesn't give a shit about Privacy.

Companies world wide have garbage InfoSec practices like incompetence you wouldn't believe an MNC would do.
Also yes you are also correct that Govt doesn't care about privacy or infosec like EU does.

Even if Govt did they would be shut down by the US since Burger companies would start crying to daddy over the monetary burden of compliance among other things

 

[ezsasa]

Companies world wide have garbage InfoSec practices like incompetence you wouldn't believe an MNC would do.
Also yes you are also correct that Govt doesn't care about privacy or infosec like EU does.

Even if Govt did they would be shut down by the US since Burger companies would start crying to daddy over the monetary burden of compliance among other things

gormint this gormint that.

if you are so troubled by this topic, then create awareness among public about data protection laws that are being formulated. we know for a fact that, strong global forces are working against this from happening.

 

[shuturmurg]

yesterday was looking at some numbers. since we call ourselves mai baap sarkari system, how many mai baaps are actually there in the system in proportion to population.

India - 3.8% (not counting military and state govt) 2011 census
Pakistan - 7%
United states - 13%
srilanka - 15%
china - 28%
france - 20%
UK - 22%
saudi - 38%
russia - 40%
cuba - 77%
Oman - 78% (highest in the world)

* haven't gone into whether definition is the same for this data collected across countries by ILO

- India is one of the lowest proportions along with beedis.
- one of the reasons SL economy effed up, is because of proportion of govt employees they have without having complexity in economy.

Public Sector Size by Country 2024

worldpopulationreview.com

Our govt is big where it should be small. Too many regulators. Its small where it should be bigger - more firefighters, more police, more teachers, more municipal workers, etc

 

[shade2]

gormint this gormint that.

if you are so troubled by this topic, then create awareness among public about data protection laws that are being formulated. we know for a fact that, strong global forces are working against this from happening.

Arre that is what i'm saying, if Govt does think about these things, makes a bill, suddenly Burger shills come with their threats, Govt then has to back down.

Like there was this one bill that would force Big Tech to store Indian users data in datacenters on Indian soil only among other things.

Angry noises emnated from Big Tech and soon from US Gov.

The bill was then taken back for (((changes))).

If EU comes with a farman everyone complies.
If our Govt comes with a farman you get lobbyists and threats

 

[ezsasa]

Our govt is big where it should be small. Too many regulators. Its small where it should be bigger - more firefighters, more police, more teachers, more municipal workers, etc

that number was for central govt.

firefighters, police, teachers, municipal workers are all state subjects.
how many regulators(RBI,TRAI etc) will be there in this country. may be in hundreds all put together, a few thousands counting all their staff.

even IAS/IPS officers in this country, the sanctioned strength is about 5-6 thousand each, of which atleast 30% vacancies at any given point in time.

ratios are low across the board, ideally it should be bottom heavy. but the magic appropriate number would be a trial and error. error would be very costly for entire system if there are more than needed.

a few experiments did take place in past 15 years across states to artificially boost numbers, not all were successful, quality became an issue.

 

[FalconSlayers]

Q2 FY25 to see slowest earnings growth in 17 qtrs as high base, demand slump take toll
The BFSI sector is expected to drive Q2 earnings growth for Nifty yet again, albeit not with the same mojo. Global-facing sectors such as IT, pharma, and chemicals are likely to provide additional support, while growth in automobiles, industrials, and commodities may slow down.

https://www.moneycontrol.com/news/b...slump-take-toll-12840995.html#google_vignette

 

[ezsasa]

India has reached a significant milestone in its renewable energy journey, with the country's total renewable energy capacity crossing the 200 GW (gigawatt) mark as of October 10, 2024




View: https://x.com/PIB_India/status/1845817567153430665

 

[FalconSlayers]

 

[FalconSlayers]

Current (but not exhaustive) pipeline of Battery cell manufacturing projects in India:

> Ola Cell: 20 GWh (PLI)
> Reliance: 10 + 40 GWh (PLI)
> Agratas (Tata): 20 + 20 GWh
> Exide: 12 GWh
> Amara Raja: 16 (+5?) GWh
> JSW Battery Storage Systems: 50 GWh


With GoI planning further auctioning of 20 GWh capacity in PLI.

India’s battery manufacturing capacity seen at 110-120 GWh by 2027-28, says Heavy Ind Secy | Autocar Professional

ndia’s installed battery manufacturing capacity is projected to increase up to 120 GWh in the next three to four years to support the growing adoption of electric vehicles and grid-scale storage in the country, according to Hanif Qureshi, additional secretary at the Ministry of Heavy Industries...

www.autocarpro.in

Another less talked accomplishment of Indian govt.

 

[haldilal]

1 .

Mumbai Set to Host Three New Green Data Centre Parks for Sustainable Growth

In a bid to attract huge investment, the state cabinet has approved a policy to have three green integrated data centre parks in Mumbai and Navi Mumbai

www.mid-day.com

2 .

Fidelity-backed Colt DCS and RMZ to Setup $1 Bn Joint Platform for Data Centres in India

Colt Data Centre Services (DCS), which is backed by Fidelity Investments, is in advanced talks with RMZ Corp to jointly invest over $1 billion in deve

www.indianweb2.com

3 .

Tata Technologies And BMW Holding BV Complete Joint Venture Deal

Tata Technologies Limited and BMW Holding BV, Netherlands have finalised their joint venture agreement, resulting in the formation of BMW TechWorks India Private Limited (BTIPL).

in.benzinga.com

4 .

Torrent Power’s pumped storage project to power Maharashtra for 40 years - Times of India

India Business News: Torrent Power Ltd has been awarded a contract by Maharashtra State Electricity Distribution Company Ltd for the long-term supply of 2,000 MW from a pu

timesofindia.indiatimes.com

5 .

Mercedes India registers 21% growth in Q3 2024 sales | Autocar Professional

Mercedes India registers 21% growth in Q3 2024 sales

www.autocarpro.in

6 .

JSW Infrastructure To Develop Multipurpose Port In Maharashtra

JSW Infrastructure Ltd. will develop a multipurpose port in Maharashtra's Palghar district under a PPP model.

in.benzinga.com

7 .

Hyundai India to Invest 32,000 Crore Over Next Decade

Hyundai India to Invest 32,000 Crore Over Next Decade - Hyundai Motor India is to invest 32,000 crore in India over the next ten years, from 2023 to 2032, said Unsoo Kim...

www.siliconindia.com

8 .

Rashtriya Chemicals awards ₹1,000-crore contract to L&T for new fertiliser plant in Maharashtra - CNBC TV18

The construction timeline for the plant is set for 27 months. Shares of Rashtriya Chemicals and Fertilizers Ltd ended at ₹170.65, up by ₹1.45, or 0.86%, on the BSE.

www.cnbctv18.com

9 .

Sudarshan Chemical Industries to acquire global pigment biz of Heubach Group for Rs 1,180 crore

Sudarshan Chemical Industries Ltd will acquire the global pigment business of Heubach Group for Euro 127.5 million. The deal includes operations in Germany and other countries. The acquisition aims to enhance Sudarshan's product portfolio and expand its market presence in Europe and the...

m.economictimes.com

10 .

Godrej Properties Expands with Rs 9,650 Crore Projects | Science-Environment

Godrej Properties acquired six land parcels in Q2 for Rs 9,650 crore, part of a broader expansion amid high demand. Notable presence in India's major cities, this move enhances their development pipeline. Sales bookings grew significantly, positioning them as a leading real estate developer with...

www.devdiscourse.com

11 .

Kinetic Engineering Announces Rs 30 Crore Investment in EV Venture Development | TopNews

topnews.in

12 .

Saatvik Solar secures INR 302 crore contract to supply PV modules to MAHAGENCO

Saatvik Green Energy will supply 200 MW of its n-type TOPCon 580 Wp modules for projects across various locations in Maharashtra.

www.pv-magazine-india.com

 

[FalconSlayers]

Bike sales rise 13% to 6.40 million in H1, Hero tops but Honda increases market share

https://www.autocarpro.in/analysis-...-tops-but-honda-increases-market-share-123059

2W sales overall grew 16.3% in H1 (Bikes at 13% and Scooters at 22%)

 

[shade2]

https://www.business-standard.com/companies/news/tata-to-create-500-000-manufacturing-jobs-in-next-5-yrs-n-chandrasekaran-124101500345_1.html

Tata to create 500,000 manufacturing jobs in 5 years: N Chandrasekaran​

“Between our (Tata Group's) investments in semiconductors, precision manufacturing, assembly, electric vehicles, batteries, and related industries, I think we will create five lakh [500,000] manufacturing jobs in the next five years,” he said.