Indian Economy


View: https://twitter.com/sanahashmi1/status/1902919595784278401?s=19

I don't know what's it about the Chinese or people with Chinese heritage whether in HK or Malaysia or Singapore or in this case Taiwan.

They seem to think we're a bunch of chumps. I personally think this is on account of the fact that the first "South Asians" this lot encounters are the Raqib ul to our west & the Rockybuls to our east .

Our common skin color & features lead the Han to think we're the same . Hence this line of thinking .
 
www.indiatoday.in

Government to lapse $23 billion scheme to boost domestic manufacturing: Report

The Production-Linked Incentive (PLI) scheme, introduced in 2020, aimed to increase manufacturing’s share of India’s economy to 25% by 2025.
www.indiatoday.in www.indiatoday.in

GOVERNMENT PLANS NEW STRATEGY​

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Two government officials told Reuters that India is not giving up on its manufacturing ambitions. The government is considering a new approach, which may involve partially reimbursing investment costs to help companies recover expenses faster.
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Another official mentioned in the report said that bureaucratic delays and red tape had slowed the success of the PLI scheme. Some food-sector firms failed to receive incentives due to non-compliance with investment thresholds and minimum growth requirements, according to a government analysis seen by Reuters.
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Despite the setbacks, India has made notable progress in certain areas as mobile phone production reached $49 billion in FY24, up 63% from 2020-21. Meanwhile, pharmaceutical exports nearly doubled to $27.85 billion in FY24 compared to a decade ago.
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rockdog said:
Chinese policy works?


View: https://x.com/Kanthan2030/status/1903272609380438173?t=gZOVLwq_v9hwjjMBxlcg0w&s=19
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Chinese nationalist from China quotes Chinese nationalist from India. You ought to inform your fellow Wumao that China's not interested in helping India grow its economy for that's what he's advocating.

Secondly you ought to show him this post

Post in thread 'Indian Economy' https://defenceforumbharat.com/threads/indian-economy.3/post-100891

Then you ought to be asking him does he believe in instant pregnancy. If he asks - what do you mean ? Tell him - did China get to be a manufacturing super power immediately as soon as it reformed in the 1970s when Comrade Deng launched his reforms or did it take a good 2-3 decades to get to where China's today.

Finally you ought to be asking him - if he's still happy with the rates CCP is offering him for posting on Twitter. After all these years is he really satisfied with 50 cents per post ? I mean this has been the rate for nearly 2 decades now .

While this may be tolerable in Zhongguo coz you literally have zero food inflation thanks to price manipulation by the CCP , the rest of the world doesn't function like this.

In which case you ought to recommend to the MSS he gets a raise for the dedication & loyalty he's been showing to the CCP. Possibly a national honour too.

Like this for instance - Tomb Sweeping Day (掃墓節) .
 
The Juggernaut said:
I don't believe in such rumor on social media , but if it is true then it's Godsend

View attachment 28284
View attachment 28285
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You’re right to be skeptical about the hype.

The most promising find is estimated (on the higher end) to be around 1 ton. However, extracting it would require an investment of about $400 million (for mining and processing) to yield only $100 million worth of gold at current prices.

In total, there are several other locations where approximately 15 tons of gold could be mined, but each individual site contains less than 1 ton.

Mining operations could be set up at these locations over the years, with gold being extracted one by one. This process could take decades, and multiple companies could get involved. However, I don’t see this as a feasible approach.

Unless gold prices quadruple or mining technology becomes significantly cheaper—both of which might happen within a decade—this project seems unviable. At present, I don’t see any private company taking it on.
 
HSBC's flash India Composite Purchasing Managers' Index , compiled by S&P Global, slipped to 58.6 in March from February's final reading of 58.8, lower than a Reuters poll's median prediction of 59.0.

The manufacturing PMI index increased to 57.6 from 56.3, remaining in the expansion territory for more than three-and-a-half years.

But the dominant-services sector's PMI index fell to 57.7 from 59.0 in February, contributing to the fall in the overall index.

Read more at:
economictimes.indiatimes.com

India's business growth dipped in March due to weaker services demand, PMI shows

India's business activity growth slowed in March, as strong manufacturing expansion couldn't fully offset a slowdown in the services sector, according to a private survey. The HSBC flash India Composite Purchasing Managers' Index (PMI) dropped to 58.6 from February's 58.8, slightly below...
economictimes.indiatimes.com economictimes.indiatimes.com
 
FalconSlayers said:
HSBC's flash India Composite Purchasing Managers' Index , compiled by S&P Global, slipped to 58.6 in March from February's final reading of 58.8, lower than a Reuters poll's median prediction of 59.0.

The manufacturing PMI index increased to 57.6 from 56.3, remaining in the expansion territory for more than three-and-a-half years.

But the dominant-services sector's PMI index fell to 57.7 from 59.0 in February, contributing to the fall in the overall index.

Read more at:
economictimes.indiatimes.com

India's business growth dipped in March due to weaker services demand, PMI shows

India's business activity growth slowed in March, as strong manufacturing expansion couldn't fully offset a slowdown in the services sector, according to a private survey. The HSBC flash India Composite Purchasing Managers' Index (PMI) dropped to 58.6 from February's 58.8, slightly below...
economictimes.indiatimes.com economictimes.indiatimes.com
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What is the point of adding negative connotations like slowdown, when over 50 means expansion, growth.

Thats too when both index are much above 50.

There needs to be a check on newspapers for adding these kind of alarmist headlines
 
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