Indian Economy

Why does this feel like the government has gone full retard thanks to babus? does anyone know if they are actually guilty of not paying tax?

- case is from 2012
- lawyers make all sorts of statements to win cases.
- gormint wants VW to manufacture all of the car here, they will nudge accordingly
- VW made the mistake of listening to bad advice from their auditors to save money.
- this is more about incompetence of judicial system, than about babus.
 
Man, these type of assertions pretty bad, while purchasing power of citizens is increasing, its nowhere near the level of super cars being common place in area like Bihar, these kind of points make us sound ridiculous. its like pakis, who will post stock images of DHA or posh areas of lahore and claim their entire mulk looks like that.
Man, these type of assertions pretty bad, while purchasing power of citizens is increasing, its nowhere near the level of super cars being common place in area like Bihar, these kind of points make us sound ridiculous. its like pakis, who will post stock images of DHA or posh areas of lahore and claim their entire mulk looks like that.
Even during the COVID period, the sale of expensive cars was booming in Bihar. Although I couldn’t find the latest data on these sales, it’s hard to estimate the numbers because residents might purchase cars from cities like Noida, Gurgaon, Kolkata, Bangalore, Mumbai, or elsewhere in India. Regardless of where the cars are bought, the number of vehicles on the roads in Bihar—both common and expensive—is on the rise.
 
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Well, no need to use strong and personal words to me, it's just exchange the POV from China. From my observation, there is few serious view on India from Chinese thinktank, Mr Keji Mao is from it.

I m happy to see after 2020, the communications between two nations are getting more active.
Yup. Galwan was the best example of such "active" communication.
I still remembered such humble smiles from those Indian audiences' face, I hope China & India don't take such statement from US any more.


View: https://x.com/amitabh26/status/1666692754238496768?t=810yQLOeeltnD54UEpJc4g&s=19

What did you expect from him ? He's a Jew . Of course he'd try to oversell his product & like the Wumao you linked try to discourage all competition . Why didn't the makers of Deep Seek listen to him ?
 
Even during the COVID period, the sale of expensive cars was booming in Bihar. Although I couldn’t find the latest data on these sales, it’s hard to estimate the numbers because residents might purchase cars from cities like Noida, Gurgaon, Kolkata, Bangalore, Mumbai, or elsewhere in India. Regardless of where the cars are bought, the number of vehicles on the roads in Bihar—both common and expensive—is on the rise.
it means upper class of india is doing good, which isn't bad. but we still have to harness our massive population by increasing penetration of household good, keep in mind that one major sector india can improve is consumer appliances like washing machine, TVs, ACs.
 
apparently Trump WH is planning to devalue USD.
Mar-a-Lago accord , in the lines of Plaza accord

i am assuming, major (world order) economies will not be eager to get on with this program, they would lose some of their purchasing power.
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US Watch - Tariffs are not the endgame​



View: https://youtu.be/3YR5hvqAaIk

@crazywithmath @concard @Azaad @FalconSlayers @Anants et al


No wonder countries are stocking up gold reserves.
 
it means upper class of india is doing good, which isn't bad. but we still have to harness our massive population by increasing penetration of household good, keep in mind that one major sector india can improve is consumer appliances like washing machine, TVs, ACs.
TV is common in household...nd people easily operate it for 10+ years. so dont expect huge demand from it. beside it cheaper laser projector is becoming popular also as TV replacement. but yeah their is huge market for washing machine, AC, refrigerator, dishwasher nd other things. mostly upper middle class use it. but in future many lower middle class will also capable enough to buy different home appliances. so huge growth is possible in this segment.
 
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Even during the COVID period, the sale of expensive cars was booming in Bihar. Although I couldn’t find the latest data on these sales, it’s hard to estimate the numbers because residents might purchase cars from cities like Noida, Gurgaon, Kolkata, Bangalore, Mumbai, or elsewhere in India. Regardless of where the cars are bought, the number of vehicles on the roads in Bihar—both common and expensive—is on the rise.
i am almost 100% sure those guys will be JDU , RJD , BJP, congress family guys.
 
Truly, the audacity of this Chini-American sepoy to pontificate on matters they’ve barely grazed with their superficial grasp is a marvel to behold. The sheer volume of corporate drivel and policy nonsense being churned out by what’s essentially a souped-up search engine is, quite frankly, unhinged.

Let’s get one thing straight: the grand narrative that AI’s primary use case revolves around large language models is a steaming pile of hogwash. Real AI—actual, practical applications—has been quietly humming along for nearly two decades, even in cash-strapped institutions that can barely afford a pencil sharpener. Did it usher in a utopian revolution? Hardly. It just spared some poor sods the monotony of sifting through static data ad nauseam. Groundbreaking? Not even close.

And these so-called “neural networks” that supposedly “train” AI? Please. They’re little more than glorified pattern recognition systems—relics of 1950s and ‘60s electrical switch logic, gussied up with some modern flair. Input goes in, output comes out, and if it’s wrong, you tweak the weights and biases like a mechanic fiddling with a rusty carburetor. The idea that this will somehow scale to artificial general intelligence (AGI) is a fantasy so detached from reality it’s almost performance art. Trillions of dollars will vanish into this black hole of hype, and the grand finale will be a collective shrug: “Nope, can’t do AGI with this junk.”

But, oh, the economy will love it! And here’s where our enlightened author singles out India—because, naturally, in their myopic worldview, India is just a sprawling call center staffed by software grunts, ripe for replacement by LLMs. Meanwhile, the Chinese and Americans sit pretty, untouchable in their ivory towers. The irony is thicker than a poorly optimized codebase.

I won’t bore you with a binary “yes or no” verdict—life’s too messy for that. Instead, picture this: a Frankenstein’s monster of compounded AI agents, stitching together LLMs and some duct-taped programming logic tools. It might stumble along, sure, but it’ll still need a human babysitter to keep it from drooling all over itself. Progress? Maybe. AGI? Keep dreaming.

AGI if that ever comes out then not only India but whole planet is 😇

Damn, I couldn't said better than you. Neural networks were from the 1950's or 1960's. But we did not have the hardware to make it a reality. When this data hype came along in early 2010's I thought all this Data Science, Machine learning looks like glorified statistics. Yes, these things will have an impact because as a field grows there will be lot of tools which will come along and everyone adopts it if they see they can create value for their businesses.

But ever since ChatGPT came along, the amount of shit people are spewing about how AGI will become a reality is absolutely nauseating. Humanity has not created any machine which has got the situational awareness of an ant. And these morons are claiming they can create a machine as intelligent as a human brain. I always maintained, the best we can create is a narrow artificial intelligence. Calculator is a narrow artificial intelligence. It can do one thing and it can do better than humans. Did calculator replace all the accounts? No. It only augmented their skills. The same is true for LLM's. It will augment the skills of Software Engineers but not replace it.
 
it means upper class of india is doing good, which isn't bad. but we still have to harness our massive population by increasing penetration of household good, keep in mind that one major sector india can improve is consumer appliances like washing machine, TVs, ACs.
As the expressway and highway network improves, vehicle sales will increase. Expressway connectivity between Delhi, Patna, and Kolkata will encourage many people in Bihar to purchase cars, trucks, and camper vans.
 
Damn, I couldn't said better than you. Neural networks were from the 1950's or 1960's. But we did not have the hardware to make it a reality. When this data hype came along in early 2010's I thought all this Data Science, Machine learning looks like glorified statistics. Yes, these things will have an impact because as a field grows there will be lot of tools which will come along and everyone adopts it if they see they can create value for their businesses.

But ever since ChatGPT came along, the amount of shit people are spewing about how AGI will become a reality is absolutely nauseating. Humanity has not created any machine which has got the situational awareness of an ant. And these morons are claiming they can create a machine as intelligent as a human brain. I always maintained, the best we can create is a narrow artificial intelligence. Calculator is a narrow artificial intelligence. It can do one thing and it can do better than humans. Did calculator replace all the accounts? No. It only augmented their skills. The same is true for LLM's. It will augment the skills of Software Engineers but not replace it.
As someone working in IT and Software Engineering, While engineers are using AI to help them code many are just blindly trusting the code produced by AI and talking from experience sometimes LLM's produce subtle issues with the code that is not obvious looking at it, plus a lot of junior engineers are losing the art of problem solving and troubleshooting and just relying on ChatGPT for a quick and easy solution without even understanding the problem, Yesterday someone from my org copied code from a LLM and when i asked him to explain the code he didn't even know what the code does, he just pasted it in the codebase.

This is all to say sloppily introduced AI code will create a new slew of employment opportunities for engineers who actually know what they are doing
 
As someone working in IT and Software Engineering, While engineers are using AI to help them code many are just blindly trusting the code produced by AI and talking from experience sometimes LLM's produce subtle issues with the code that is not obvious looking at it, plus a lot of junior engineers are losing the art of problem solving and troubleshooting and just relying on ChatGPT for a quick and easy solution without even understanding the problem, Yesterday someone from my org copied code from a LLM and when i asked him to explain the code he didn't even know what the code does, he just pasted it in the codebase.

This is all to say sloppily introduced AI code will create a new slew of employment opportunities for engineers who actually know what they are doing
Before it was stack overflow now its chatgpt ,,, the art was lost long ago.
 
Damn, I couldn't said better than you. Neural networks were from the 1950's or 1960's. But we did not have the hardware to make it a reality. When this data hype came along in early 2010's I thought all this Data Science, Machine learning looks like glorified statistics. Yes, these things will have an impact because as a field grows there will be lot of tools which will come along and everyone adopts it if they see they can create value for their businesses.

But ever since ChatGPT came along, the amount of shit people are spewing about how AGI will become a reality is absolutely nauseating. Humanity has not created any machine which has got the situational awareness of an ant. And these morons are claiming they can create a machine as intelligent as a human brain. I always maintained, the best we can create is a narrow artificial intelligence. Calculator is a narrow artificial intelligence. It can do one thing and it can do better than humans. Did calculator replace all the accounts? No. It only augmented their skills. The same is true for LLM's. It will augment the skills of Software Engineers but not replace it.

Oh, sure, let’s all bow down to the mighty US tech bros, keeping the "economic engine" chugging along like some sacred mission. The world just tags along, drooling, because why not? Sometimes their little side projects accidentally help industries or make life a tiny bit better—aww, how sweet. But mostly? It’s just a hyped-up cash grab, a shiny investment gold rush for the greedy.

And AGI? Pfft, stacking millions of GPUs and drowning them in data isn’t gonna magically crack it. Our brains aren’t some fancy data-swapping machines—sorry, tech nerds. Our wild, messy thoughts don’t follow your neat little patterns. Heck, sometimes a random daydream spits out a perfect math equation, and it’s not because neurons were busy "exchanging data."

In simple terms, if you wanna figure out real intelligence, ditch the data piles and crack open Sanatan ancient scriptures instead. May be in few thousand human rebirths we can figure this out each on our own journey 🤣
 
Oh, sure, let’s all bow down to the mighty US tech bros, keeping the "economic engine" chugging along like some sacred mission. The world just tags along, drooling, because why not? Sometimes their little side projects accidentally help industries or make life a tiny bit better—aww, how sweet. But mostly? It’s just a hyped-up cash grab, a shiny investment gold rush for the greedy.

And AGI? Pfft, stacking millions of GPUs and drowning them in data isn’t gonna magically crack it. Our brains aren’t some fancy data-swapping machines—sorry, tech nerds. Our wild, messy thoughts don’t follow your neat little patterns. Heck, sometimes a random daydream spits out a perfect math equation, and it’s not because neurons were busy "exchanging data."

In simple terms, if you wanna figure out real intelligence, ditch the data piles and crack open Sanatan ancient scriptures instead. May be in few thousand human rebirths we can figure this out each on our own journey 🤣

Calm down, home boy. Never said not to build our own LLMs. I am calling the hype around this shit. Besides by building our own LLMs you do realize we are just following the US tech bros? Even the Chinese are following US tech bros. The way I see it, LLMs are like querying the internet/database for accurate answers without sifting through pile of ads and spam websites. In the early days of the internet Google's page rank algorithm perfectly did it's job of getting what users wanted within the first search page. Now that is no longer possible because Google has pushed enough shit in the name of search engine optimizations and shitloads of ads in it's search results.

Maybe what we need is not big LLM but something which can organize the information on World wide web in a better way where users can access it without much hassle and small tiny LLM models guiding the users to the right place where the information they are looking for exists. Every time when US, China or any nation does something out of the ordinary, teenagers and adults who act like teenagers in our country also start their own randi rona about when India will have that technology in our country. This is exactly like how kids behave when they start crying about how the kid next door has better toys. Some months ago Chinese built 450 km/h train to show off. Our internet kids who have midget sized brains starting crying about it too. Never mind the economic feasibility, cost of operations, maintenance, they saw the other guy has it and they want it too. That is how sheep in this country act.
 

Moving forward, Asia's third-largest economy is about to mount its white horse and is expected to add $1 trillion every 1.5 years. And as the IMF noted, with the current growth trajectory, India could become $10 trillion by 2032. And should the average growth rate continue and if as they say, one good turn deserves another, India will likely surpass Germany's $4.9 trillion economy -- currently, the world's third largest -- by 2027. Fancy that!

It's likely to emerge as the third largest with a GDP of $5.7 trillion by 2027 and $6.3 trillion by 2029.
 

Business Standard reported that BYD has secured informal approval from the Indian government to proceed with the project, provided it partners with a local entity. Hyderabad-based Megha Engineering and Infrastructures Ltd (MEIL) is expected to be the majority stakeholder in the venture, ensuring compliance with India’s regulatory requirements.

What the fuck is an 'informal approval'? Does china have 'informal approvals'?
 
What the fuck is an 'informal approval'? Does china have 'informal approvals'?

This information is being reported by BA Fail journalists, not government officials. It’s possible that a talkative official was contacted by the media and provided these details.

Based on some Mahindra exec, nothing has been finalised yet. BYD is hesitant to establish a complete assembly line in India and is instead seeking a port of entry to support its direct battery exports into the country more profitable to them. BYD is uncertain about the costs involved in modifying battery packs—specifically insulation and air conditioning—to suit India’s climate, where cars are exposed to sunlight for extended periods. Their current closed battery box design works well in cold, wintery conditions and even humidity, but it is not optimized for high heat. To address this, BYD would need to invest in India-specific models. However, they don’t see a strong return on investment, even if they captured the entire EV market from competitors like Tata and Mahindra. Their approach might be one step ahead of Tesla’s, but it’s unlikely to include a full assembly plant.

It seems BYD is likely conducting a feasibility study of the Indian market first. In China, BYD has adopted advanced Tesla copied manufacturing techniques and even hired floor managers from Tesla. Their vehicles are akin to a Tesla with reduced safety standards, additional features, and an open architecture that allows the CCP to monitor usage.

May be this is the first step with a promise to actual manufacturing besides the motors and batteries in future.
 

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