Indian Economy

[shade2]

https://www.financialexpress.com/life/technology-consultations-soon-to-draw-roadmap-for-laptop-import-policy-3638507/

Consultations soon to draw roadmap for laptop import policy​

The government’s plan is to come up with an import authorisation mechanism and based on the local manufacturing of IT hardware by the companies, they will be allowed to import further.

This could be a kind of credit-based system, wherein manufacturers will be assessed on three criteria: their past year’s imports, progress on domestic manufacturing of IT hardware products, and exports from India. Based on their performance on these parameters, the government may allot them credit points which can be used to import laptops and other IT hardware products.

In November 2023, the government approved the application of 27 companies, including Dell, HP, Foxconn, Lenovo, Netweb Technologies, under the Rs 17,000-crore IT hardware PLI scheme.

Of the 27 companies, six started production last year and about 17 are expected to start production this year.

 

[notaname]

Someone was talking about foreign investment making hospital's costly seems you were right here we go.
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View: https://x.com/BeshakIN/status/1846147779250606133?t=O-bnQ3N0jAZb97kC8Ve19A&s=19

 

[crazywithmath]

Someone was talking about foreign investment making hospital's costly seems you were right here we go.
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Seems legally challenging - unlikely to pass judicial scrutiny if challenged at a Court.

 

[Suryavanshi]

Someone was talking about foreign investment making hospital's costly seems you were right here we go.
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Should be penalized.

Life saving surgery isn't the same as transportation.

 

[FalconSlayers]

Someone was talking about foreign investment making hospital's costly seems you were right here we go.
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Ban private equity in India. Make credit dirt cheap instead. We don't need yankie dollars into our equity market at all. Create large equity firms domestically.

 

[FalconSlayers]

NBFC Industry in FY24. Will likely cross $40 billion in gross revenues in current FY25.

 

[Blademaster]

NBFC Industry in FY24. Will likely cross $40 billion in gross revenues in current FY25.
View attachment 12389View attachment 12390

What are NBFCs?

 

[karn]

What are NBFCs?

Non banking financial company.

 

[notaname]

I think we should not allow starlink to operate in India if we don't have any way to shut down the internet, let's say we have a riot and US want to support it then they will be able to use it freely even if we don't want to let them. There are many scenarios like this but don't think babus will think of that.

And one more argument can be is that they can use different type of communication if they want to but this will surely create one more security issue for us.
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Telecom Minister Jyotiraditya Scindia has announced that India will follow the global trend of administrative spectrum allocation. The decision came after Starlink CEO Elon Musk objected to Ambani's Reliance Jio lobbying for the auction route

No spectrum auction: Government after Elon Musk objects to Mukesh Ambani’s pitch

Telecom Minister Jyotiraditya Scindia has announced that India will follow the global trend of administrative spectrum allocation.

www.indiatoday.in

 

[ezsasa]

What are NBFCs?

they are companies that are licensed to give out loans(home, vehicle, gold, micro loans etc), deal in share markets, merchant banking, venture capital ,but not have the full range of services like savings, fixed deposits facilities.

 

[Rxbanda]

on this base effect thing, for our own reference (may not be technically sound) as far as global structural disruption goes.

2019-20 - Covid year
2020-21 - Low base previously so high peaks in graphs
2021-22 - High base previously so low peaks in graphs
2022-23 - partial impacts in graphs because of previous low peaks (tourism hadn't fully recovered)
2023-24 - First normal year (ukraine war)
2024-25 - Second normal year(israel war)

i think we are in second normal year, so we are on cyclical mode now. (subject to correction)

on HFIs, finance ministry said they started monitoring them, but not aware if they have publicly released any chart on what exactly they are monitoring.

Sir, I remember from DFI you mentioned that GDP is calculated calculating only some industries. Many sunrise industries are not included in that.
Several industries emerged in the last decade. Do the current metrics include them?
Also, where can we get this information of what all industries are included.
Thanks.

 

[ezsasa]

Sir, I remember from DFI you mentioned that GDP is calculated calculating only some industries. Many sunrise industries are not included in that.
Several industries emerged in the last decade. Do the current metrics include them?
Also, where can we get this information of what all industries are included.
Thanks.

to be more specific, not just the companies there are products that did not exist in 2011, even for products that existed in 2011 some have become costlier or cheaper since 2011, consumption basket ratios itself has changed a lot, which makes real prices and market prices not in sync.

for example:

	Constant	%	Current	%
GVA 2023-24	1,58,73,751.00		2,67,62,147.00
Agriculture , Live stock, fisheries and forestry	23,04,982.00	14.52	47,25,223.00	17.66
Manufacturing	27,51,680.00	17.33	38,19,749.00	14.27

was checking numbers for agri and manufacturing GVA, noticed that % share of manufacturing becomes less than agri in current prices than constant prices.

does this mean 2011 price ratios are no longer in sync with current prices?
does this mean agri increased in value, or manufacturing decreased in value since 2011?

https://www.mospi.gov.in/sites/default/files/press_release/PressNoteGDP31052024.pdf

that list comes from ministry of commerce and corporate affairs, it's called MCA-21 database/list. i haven't found the details in public domain. last i checked, it's a list of 1 lakh companies.

 

[SKC]

I think we should not allow starlink to operate in India if we don't have any way to shut down the internet, let's say we have a riot and US want to support it then they will be able to use it freely even if we don't want to let them. There are many scenarios like this but don't think babus will think of that.

And one more argument can be is that they can use different type of communication if they want to but this will surely create one more security issue for us.
________________

Telecom Minister Jyotiraditya Scindia has announced that India will follow the global trend of administrative spectrum allocation. The decision came after Starlink CEO Elon Musk objected to Ambani's Reliance Jio lobbying for the auction route

No spectrum auction: Government after Elon Musk objects to Mukesh Ambani’s pitch

Telecom Minister Jyotiraditya Scindia has announced that India will follow the global trend of administrative spectrum allocation.

www.indiatoday.in

Muskwa is overconfident and over enthusiastic about his products. Starlink base unit cost around ~50K INR and monthly plan range from INR 7.5K upwards. There is hardly any personal use consumer market for Starlink in India.

Maybe Big companies can use it for connectivity in remote areas but that's max the use case here.

Similarly, Tesla has no large-scale market in India to sustain a Gigafactory here when there is already on in Shanghai already.​

 

[ezsasa]

Muskwa is overconfident and over enthusiastic over his products. Starlink base unit cost around ~50K INR and monthly plan range from 7.5K upwards. There is hardly and personal use consumer market for Starlink in India.

Maybe Big companies can use it for connectivity in remote areas but that's max the use case here.

Similarly, Tesla has no large-scale market in India to sustain a Gigafactory here when there is already on in Shanghai already.​

with companies like tesla which are integrated into murican security establishment, one never knows whether it is musk talking or murican state talking.

 

[FalconSlayers]

Sir, I remember from DFI you mentioned that GDP is calculated calculating only some industries. Many sunrise industries are not included in that.
Several industries emerged in the last decade. Do the current metrics include them?
Also, where can we get this information of what all industries are included.
Thanks.

No, current GDP doesn't include them. That is why base year is updated time to time with fresh surveys and adjustments in the way GDP, CPI etc should be calculated using updated figures for prices of various goods and services.

 

[shade2]

Muskwa is overconfident and over enthusiastic about his products. Starlink base unit cost around ~50K INR and monthly plan range from INR 7.5K upwards. There is hardly any personal use consumer market for Starlink in India.

Maybe Big companies can use it for connectivity in remote areas but that's max the use case here.

Similarly, Tesla has no large-scale market in India to sustain a Gigafactory here when there is already on in Shanghai already.​

There is professional use for NGOs orchestrating a seige/protest/riot.

 

[TopWatcher]

Someone was talking about foreign investment making hospital's costly seems you were right here we go.
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View attachment 12345

Actually before hospital make a room categories like (5 bed in one room, 2 bed in one room , one bed in one room, suite) and make a bill based on room type but that repulsed by insurance companies as they said hospital taking extra charges for same treatment based on room type, so under pressure from insurance companies hospital reverted the room categories plan. Now they come up this new trick !

Govt need to put strict norms for hospital charges otherwise these 5 star hospitals will become non-reachable.

 

[SKC]

There is professional use for NGOs orchestrating a seige/protest/riot.

He has to follow the Indian rules n regulations and laws if he wants to operate in India. He has shown much better compliance to Indian system than his other rivals in US and twitter management before him.

 

[TopWatcher]

He has to follow the Indian rules n regulations and laws if he wants to operate in India. He has shown much better compliance to Indian system than his other rivals in US and twitter management before him.

I think NGO concept should be abolished in India, Most NGO's take funds from foreign countries and do anti-national activity.

 

[shade2]

He has to follow the Indian rules n regulations and laws if he wants to operate in India. He has shown much better compliance to Indian system than his other rivals in US and twitter management before him.

Once his satellite boxes are in the hands of his "customers", he is free to flip the bird to rules and regulations.