Indian Economy

[ezsasa]

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

this is the way it is going to be, to grow in a contested environment.

this fiscal there will be chini dumping too, the goods that were supposed to go to U.S, they will dump them in rest of the world at low prices.

 

[ezsasa]

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


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

marcellus name sounded familiar, it's Saurabh Mukherjea's company.
came into my notice because of this video.

that's two half baked analysis this week coming from investment advisory firms with gora names owned by desis. earlier one was the one on mahindra components.


View: https://youtu.be/LNwPSOGLo9M

 

[shade2]

marcellus name sounded familiar, it's Saurabh Mukherjea's company.
came into my notice because of this video.

that's two half baked analysis this week coming from investment advisory firms with gora names owned by desis. earlier one was the one on mahindra components.


View: https://youtu.be/LNwPSOGLo9M

Really wonder which foreign party may be behind this...

 

[ezsasa]

marcellus name sounded familiar, it's Saurabh Mukherjea's company.
came into my notice because of this video.

that's two half baked analysis this week coming from investment advisory firms with gora names owned by desis. earlier one was the one on mahindra components.


View: https://youtu.be/LNwPSOGLo9M

My life littered with failures: Saurabh Mukherjea after failing to beat market in last 3 years

Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst

 

[ezsasa]

Really wonder which foreign party may be behind this...


View attachment 30711

View: https://x.com/ChinaSpox_India/status/1912405012187344936

 

[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

View attachment 30705

convo on oil export drop we were having in dec.

since this is a SM theory, looked into this even though it's not a good idea to take provisional numbers too seriously this early.

it may not be the case of accounting error entirely.

Quick estimates from commerce ministry

https://www.commerce.gov.in/wp-content/uploads/2024/12/Quick-Estimates-November-2024-fin-16122024.pdf

View attachment 18968

petroleum exports dropped by 10 billion $.

highlights are that major drops are :
U.S - 1.2 billion $
West Asia + Africa - 6 billion $

within west asia
Israel - 1.9 billion $ (just 2 million $ export so far this year)

these four geographies alone is about 7.2 billion $ drop.
netherlands have increased their imports to 10.3 billion $.

2023-24 (Apr-Nov)
https://niryat.gov.in/#?start_date=...ort-desc&commodity_group_id=3&commodity_id=18

2024-25 (Apr-Nov)

https://niryat.gov.in/#?start_date=202404&end_date=202411&sort_table=export_achieved-sort-desc&commodity_group_id=3&commodity_id=18

 

[Azaad]

View: https://twitter.com/sundar_s1955/status/1912422767913496943?s=19

To all those millenials & Gen Z out here, this is what the previous generations faced.

Never forget!

*(1 USD = ~ INR 7-9 , IIRC)

 

[Azaad]

View: https://twitter.com/aparanjape/status/1912489600939168228?s=19

If Modi doesn't do something drastic about this license raj -2025 , it'd go down in history as a huge dent to his legacy irrespective his achievements & howsoever much he's tried on other fronts where results have been mixed but his efforts considerable like the Farm Reform Laws.

 

[karn]

View: https://twitter.com/aparanjape/status/1912489600939168228?s=19

If Modi doesn't do something drastic about this license raj -2025 , it'd go down in history as a huge dent to his legacy irrespective his achievements & howsoever much he's tried on other fronts where results have been mixed but his efforts considerable like the Farm Reform Laws.

This is not even uncommon .. Companies that I have worked for have had licenses framed at the entrance.

 

[eastern_bhartiya]

View: https://twitter.com/aparanjape/status/1912489600939168228?s=19

If Modi doesn't do something drastic about this license raj -2025 , it'd go down in history as a huge dent to his legacy irrespective his achievements & howsoever much he's tried on other fronts where results have been mixed but his efforts considerable like the Farm Reform Laws.

Its a grain mill, there are probably stuff like hygiene, preservation infra and stuff like that, but the point here still stands, even if these standard are there, they should be tested in a reasonable time frame and not like where there are months of gap between each assessment.

 

[Azaad]

'Rs 10 Maggi, Rs 1 crore flats': Investment advisor warns next 5 years will gut India's middle-class - 'Rs 10 Maggi, Rs 1 crore flats': Investment advisor warns next 5 years will gut India's middle class BusinessToday

From ₹10 Maggi to ₹1 crore shoebox apartments, the illusion of economic progress hides a quiet collapse. Salaries have barely moved, but real estate has exploded.

www.businesstoday.in

 

[vin pahadi (kumauni)]

'Rs 10 Maggi, Rs 1 crore flats': Investment advisor warns next 5 years will gut India's middle-class - 'Rs 10 Maggi, Rs 1 crore flats': Investment advisor warns next 5 years will gut India's middle class BusinessToday

From ₹10 Maggi to ₹1 crore shoebox apartments, the illusion of economic progress hides a quiet collapse. Salaries have barely moved, but real estate has exploded.

www.businesstoday.in

hmmm...ye bhai sahab bol rahe ki future (2030) me logo ke paas ghar kam honge nd log kiraye pe rahenge. but mujhe lagta hai aisa tier 1 cities me ho sakta hai,,,but tier 2 nd tier 3 cities me aise hone ke chance kam hai (itne jaldi).
mai bhi ghar ke saman (specially food) lete rehta hu, last 9-10 saal se. yes prices bade hai, but itne bhi nhi ki hai tauba wala haal ho gaya ho. yes ab pehle ki comparision me 1000 rupee me kam cheeze mil rahi. but bhut si cheeze humare necessity me jud bhi gayi. 7 saal pehle mai facewash, purfume, senetizer, sun screen, petrol, mobile data etc nhi leta tha...but ab ye necessary ban gayi hai mere liye. same goes for food. ab coffee, pizza, momos, pasta, oats, poha etc many things add ho gaye.
i mean hum consume jyada krne lage hai, tabhi hume apne paise kam lagne lage hai. but unhi paiso me koi or humse acha ghar chala sakta hai nd humse jyada khush bhi reh sakta hai. most common insaan ki necessity nd greed kabhi khtam nhi hote. jab tak satisfaction na ho life me, tab tak kitne bhi paise kama lo, vo kam hi padte rahenge.

 

[londonparistokyo]

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

What is a "brownfield" mean?

 

[londonparistokyo]

Its a grain mill, there are probably stuff like hygiene, preservation infra and stuff like that, but the point here still stands, even if these standard are there, they should be tested in a reasonable time frame and not like where there are months of gap between each assessment.

Somehow need to ensure that "testing" means testing (in a reasonable time frame, which should have a general definition) and not bribes.

 

[FalconSlayers]

What is a "brownfield" mean?

Existing plant expansion. Greenfield means new project built from scratch.

 

[Cheepek]

Have to

Trump tariff impact: Chinese giants like Haier, Shanghai Highly agree to minority stakes under Indian FDI norms

Chinese firms like Shanghai Highly and Haier are now more willing to accept Indian conditions for expansion, including minority stakes in joint ventures, due to escalating US tariffs and the lure of India's large market. Shanghai Highly is reviving talks with Voltas for a manufacturing joint...

m.economictimes.com

 

[Hitmanblood]

hmmm...ye bhai sahab bol rahe ki future (2030) me logo ke paas ghar kam honge nd log kiraye pe rahenge. but mujhe lagta hai aisa tier 1 cities me ho sakta hai,,,but tier 2 nd tier 3 cities me aise hone ke chance kam hai (itne jaldi).
mai bhi ghar ke saman (specially food) lete rehta hu, last 9-10 saal se. yes prices bade hai, but itne bhi nhi ki hai tauba wala haal ho gaya ho. yes ab pehle ki comparision me 1000 rupee me kam cheeze mil rahi. but bhut si cheeze humare necessity me jud bhi gayi. 7 saal pehle mai facewash, purfume, senetizer, sun screen, petrol, mobile data etc nhi leta tha...but ab ye necessary ban gayi hai mere liye. same goes for food. ab coffee, pizza, momos, pasta, oats, poha etc many things add ho gaye.
i mean hum consume jyada krne lage hai, tabhi hume apne paise kam lagne lage hai. but unhi paiso me koi or humse acha ghar chala sakta hai nd humse jyada khush bhi reh sakta hai. most common insaan ki necessity nd greed kabhi khtam nhi hote. jab tak satisfaction na ho life me, tab tak kitne bhi paise kama lo, vo kam hi padte rahenge.

Economic illiteracy is a huge problem in India.

Even educated Indians do not understand simple economic concepts. Therefore our population gets easily propagandised by leftists/socialists.

First inflation is not fault of any system or government but rather a natural consequence of demand and supply. When demand exceeds supply, prices go up. In India rising middle class is consuming much more products compared to previous generations. This is putting pressure on supply side. This is why we are seeing our imports increase every year and prices of goods rise.

The only solution to inflation is deflation where people's living standards go downwards. In this situation the money becomes more valuable but a person has less of it.

The big brain investor in article complains about real estate price and then gives advice to buy Land. Does he not understand why real estate is so expensive in the first place? If nobody was buying real estate including land, the price of small appartments wouldn't have reached 1Cr rupeees. It sells for that much because there are people out there who are willing to pay that much. It's simple.

The sad part is this chap is investor. He is part of the same capitalist system. Still he is parroting leftist arguments that is meant to destroy very system that he is profiting from.

Oh the irony.

 

[ezsasa]

'Rs 10 Maggi, Rs 1 crore flats': Investment advisor warns next 5 years will gut India's middle-class - 'Rs 10 Maggi, Rs 1 crore flats': Investment advisor warns next 5 years will gut India's middle class BusinessToday

From ₹10 Maggi to ₹1 crore shoebox apartments, the illusion of economic progress hides a quiet collapse. Salaries have barely moved, but real estate has exploded.

www.businesstoday.in

there should be a thread for "idiotic musings of finfluencers". most of the times i get the feeling, these fellows are trying to keep the pot boiling to crash the market when some event arises, to buy cheap.

 

[shade2]

there should be a thread for "idiotic musings of finfluencers". most of the times i get the feeling, these fellows are trying to keep the pot boiling to crash the market when some event arises, to buy cheap.

It's dalali for sekoolar masters like that one "ace investor" who went to some slum in Mumbai, and there he found some guy "assembling from Chinese parts" saaar therefore make in India failed saar

 

[shade2]

Have to

Trump tariff impact: Chinese giants like Haier, Shanghai Highly agree to minority stakes under Indian FDI norms

Chinese firms like Shanghai Highly and Haier are now more willing to accept Indian conditions for expansion, including minority stakes in joint ventures, due to escalating US tariffs and the lure of India's large market. Shanghai Highly is reviving talks with Voltas for a manufacturing joint...

m.economictimes.com

Good.
Chong runs the same model in his own country.