Indian Economy

[shuturmurg]

is this some new chinki bot farm spreading this? why are people pretending this is new? most buy designer goods for value these days. it has been well known for almost 20 years that almost all of these luxury items are made in 3rd world sweat shops, often in the same factory as other knockoffs.


View: https://www.youtube.com/watch?v=Qy2JWUOwTWQ

here are some from india

Chinese are waging information warfare on high end fashion labels. I am guessing, they want to move into high end lifestyle segment (clothes, shoes, perfume, makeups, etc) next, since these sectors are highly profitable and don't require much innovation as well. These sectors depend on "prestige". Now, Chinese know that Made in China doesn't have "prestige" in high end luxury sector, so they are trying to bring down the existing brands, so that later they can market their own brands saying hey, even the european ones are made in China only.

 

[londonparistokyo]

I don't think there is any sane indian who thinks, that quality of life in India is better than western countries, even most nationalist ones don't think so.

People here know these things, twitter isn't a source of wisdom. Those threads where an "ignorant indian is SHOCKED to find reality of india" are made by bhosdapillers as ragebait content.

Have you seen that @marinebharat guy on twitter? Lol.

 

[Blademaster]

What's this has anything to do with the jibe of Vishwaguru?

I see your constant nitpicking with this tag on every such news!

Whats the problem in importing this from Veitnam when we are no where in the scene on production of these mobile PCB panel in India.

The first choice of companies moving out from China is obviously Vietnam, Laos, Cambodia, Thailand, Malaysia and Indonesia.

We are trying our best to get something in India but overnight we cannot become the best player in the market.​

I notice that he would seize on any gloomy news and lay it down at the hands of Modi by using code words such as Vishwaguru or something and indirectly mocking Modi. That is his schtick.

 

[FalconSlayers]

JSW Steel plans to invest Rs 50,000-60,000 crore in a brownfield project at its Salav plant in Raigad district to establish a 10 MTPA green steel capacity over the next three to four years. This investment is driven by European green steel mandates and aims to significantly reduce carbon emissions.

Given the 10-12 per cent growth in demand every year, India needs to add 20 million tonnes of steel capacity per year which works out to an investment of USD 20 billion per year.



Read more at:

JSW Steel to invest Rs 50,000 cr for 10 MTPA green steel capacity for European mkt

JSW Steel plans to invest Rs 50,000-60,000 crore in a brownfield project at its Salav plant in Raigad district to establish a 10 MTPA green steel capacity over the next three to four years. This investment is driven by European green steel mandates and aims to significantly reduce carbon emissions.

economictimes.indiatimes.com

 

[Nutcracker]

View: https://x.com/GoldTelegraph_/status/1911849743254454300

Why some angry emoji for above.


View: https://x.com/Kakabhushundi/status/1912073409712017504

 

[FalconSlayers]

Why some angry emoji for above.


View: https://x.com/Kakabhushundi/status/1912073409712017504

We've been importing billions worth of gold for years, we import a lot of it already, don't see any further benefits of importing even more.

 

[randombully]

We've been importing billions worth of gold for years, we import a lot of it already, don't see any further benefits of importing even more.

China invades taiwan.
russia ukraine war escalates.
Some big ass event that shakes world economy in future

Gold reserve will help in all those cases.

 

[Migflug]

View: https://x.com/ShiroBarks/status/1912356426317545817?t=fjUFH9pVbrfRKpzIto-mQA&s=19

 

[Azaad]

View: https://twitter.com/IndianTechGuide/status/1912091174245925338?s=19


View: https://twitter.com/Saiarav/status/1912247514654519772?s=19

Hello @FT @ftindianews , I am stunned that you would publish this garbage analysis from @MarcellusInvest which is based on a profound ignorance of how averages are supposed to go be interpreted.
See below the data on returned income of individuals with income between 0.5M and 10M for AY 2012-13 and AY 2023-24, which is what Marcellus defines as middle class.
Sure, the average income has grown at a CAGR of only ~1%. But please take a look at the expansion in the base - it has gone up by a goddamn 5.4x. IOW, it's just a massive number of hitherto poor people (or tax evaders) graduating to middle class status which is pulling the average down. It's a decent bet that the 4.1m middle class filers of 2012-13 who had an average income of 1.1m currently have an average income of 3m or more. They are doing splendidly well for themselves.

 

[shade2]

View: https://twitter.com/IndianTechGuide/status/1912091174245925338?s=19


View: https://twitter.com/Saiarav/status/1912247514654519772?s=19

meanwhile you rarely ever see any negative news about Chyna on FT, Economist and other Anglo rags
It's always Chang'a Xi over there i guess.

 

[sauntheninja]

View: https://twitter.com/IndianTechGuide/status/1912091174245925338?s=19


View: https://twitter.com/Saiarav/status/1912247514654519772?s=19

Its the growth of the taxpayers or people due to increased scrutiny being forced to release their incomes

 

[sauntheninja]

Japan to give India E5 and E3 shinkansen for free

The E10 trains are expected to be put into service in the South Asian country in the early 2030s.

www.japantimes.co.jp

 

[brat4]

We've been importing billions worth of gold for years, we import a lot of it already, don't see any further benefits of importing even more.

US wants to reduce trade imbalance
We need to buy from USA something we need but that should not compromise our local industry
It should also, if possible, not reduce our own overall wealth
Trading dollars to gold, if all things equal will simply make sure no wealth reduction.
In fact, dollar loses value over time (dollar inflation) while good at least over time holds its value.

I would have liked India to invest in us bonds or companies for better returns but I see why gold is preferred (we can get the gold imported to India)

 

[ezsasa]

Its the growth of the taxpayers or people due to increased scrutiny being forced to release their incomes

it's tax deduction at source(TDS), there's nothing one can hide once an individual enters tax bracket.

 

[eastern_bhartiya]

View: https://twitter.com/IndianTechGuide/status/1912091174245925338?s=19


View: https://twitter.com/Saiarav/status/1912247514654519772?s=19

Reading news for economics is one of the dumbest thing you can do, most news reporters or writer don't know shit about the topics they're reporting about, its especially true in cases like technology, geopolitics and econimics. Journalism in India is done by people whose only skill is that, they can write a 50 word data content into a 250 word slop. They can't think outside of the material they are provided and in cases they don't want to.

Look up the whole hoopla about PLI scheme supposedly failing , which was paraded around by our media and was used as propaganda was wumao bots. turns out it was a policy readjustment and actually scheme achieved 37% of its target with only 8% of the capital being spent. That last part about returns and capital spending was mostly buried under endless piles of nonsense about "muh modi" "muh social climate" "muh freedom".

 

[ezsasa]

petroleum exports dropped, hence stagnation in overall numbers.
=====
The cumulative value of merchandise exports during FY 2024-25 (April-March) was US$ 437.42 Billion, registering a positive growth of 0.08%, as compared to US$ 437.07 Billion during FY 2023-24 (April-March).

https://pib.gov.in/PressReleasePage.aspx?PRID=2122016

 

[Varoon4]

meanwhile you rarely ever see any negative news about Chyna on FT, Economist and other Anglo rags
It's always Chang'a Xi over there i guess.

I have noticed a general trend(there are always exceptions) in the coverage of India-China by these Anglo rags. They don't like anything that hints at friendliness between the two countries, unless it is part of their own system. Meaning, the motive for it is trade plus propping up China against any possible Russian( or potential other adversary) resurgence. Secondly they are very uncomfortable if not oppositional to any independent declaration by India that China is a threat. If such a stance is taken, they want it to be in sync with their own positions, and have Indian resources at their disposal. The key word is ' independent '. They dislike and distrust India acting independently. And even here, they would modify or soften their attitude, if India were to give up its nuclear, defense/ missile and space launch programs, which again are a symbol of that independence.

 

[eastern_bhartiya]

petroleum exports dropped, hence stagnation in overall numbers.
=====
The cumulative value of merchandise exports during FY 2024-25 (April-March) was US$ 437.42 Billion, registering a positive growth of 0.08%, as compared to US$ 437.07 Billion during FY 2023-24 (April-March).

https://pib.gov.in/PressReleasePage.aspx?PRID=2122016

View attachment 30705

merchendise exports continue to disappoint kinda , although electronics export did grew

 

[ezsasa]

I have noticed a general trend(there are always exceptions) in the coverage of India-China by these Anglo rags. They don't like anything that hints at friendliness between the two countries, unless it is part of their own system. Meaning, the motive for it is trade plus propping up China against any possible Russian( or potential other adversary) resurgence. Secondly they are very uncomfortable if not oppositional to any independent declaration by India that China is a threat. If such a stance is taken, they want it to be in sync with their own positions, and have Indian resources at their disposal. The key word is ' independent '. They dislike and distrust India acting independently. And even here, they would modify or soften their attitude, if India were to give up its nuclear, defense/ missile and space launch programs, which again are a symbol of that independence.

few of the rules of the "rules based order".

a few thousand gora bureaucrats, technocrats and associated/aided institutions in 38 countries, wants their gormints to believe that they have the agency in everything that happens across the world.

chini and islamists have run riot on this supposed world order in past 20-30 years, yet these world order wallahs are trying to keep appearances as if they are still controlling the keys to destiny of the world.



* 38 or 28 or whatever the exact number i forget.

 

[sauntheninja]

Reading news for economics is one of the dumbest thing you can do, most news reporters or writer don't know shit about the topics they're reporting about, its especially true in cases like technology, geopolitics and econimics. Journalism in India is done by people whose only skill is that, they can write a 50 word data content into a 250 word slop. They can't think outside of the material they are provided and in cases they don't want to.

Look up the whole hoopla about PLI scheme supposedly failing , which was paraded around by our media and was used as propaganda was wumao bots. turns out it was a policy readjustment and actually scheme achieved 37% of its target with only 8% of the capital being spent. That last part about returns and capital spending was mostly buried under endless piles of nonsense about "muh modi" "muh social climate" "muh freedom".

This news is already viral in social Media every newspaper and youtuber will report this news as fact lol and it will become the prevailing narrative.

Wait till reddit gets this news piece it will make all the Indian subreddits along with some international ones like world news and geopolitics subs where everyone will say they want to leave the country