Indian Economy

[sameer]

Is this a joke ? Wtf does a 100 visas mean ?

I believe these are temporary work visas for intra-company transfers.

 

[Azaad]

I believe these are temporary work visas for intra-company transfers.

I get that but look at the quantum ! Are we to understand the entire trade talks hinged merely on an agreement or lack thereof a mere 100 visas ?

 

[sameer]

Are we to understand the entire trade talks hinged merely on an agreement or lack thereof a mere 100 visas ?

Most likely not, I think we already compromised on the number of visas previously.

FTA's are hard to negotiate, since there are lot of chapters on issues like labour, hooman rights, environmental issues, carbon tax etc etc, so those could've been delaying it as well.

TBH, apart from lower tariffs on textiles, I don't know what we'll be gaining from this FTA.

 

[Azaad]

Most likely not, I think we already compromised on the number of visas previously.

FTA's are hard to negotiate, since there are lot of chapters on issues like labour, hooman rights, environmental issues, carbon tax etc etc, so those could've been delaying it as well.

TBH, apart from lower tariffs on textiles, I don't know what we'll be gaining from this FTA.

Goel was speaking about steel cement etc when referring to the carbon tax he wanted the UK to exempt Indian exports from. Could be a lot of other stuff too. But what does UK have to export? More Jaguars or Aston Martin? Single Malt whiskey?

 

[sameer]

But what does UK have to export? More Jaguars or Aston Martin? Single Malt whiskey?

Apart from those, it's probably Financial services I guess. Maybe UK insurance companies and banks will be allowed to operate more freely in India and want lesser regulations? Not really sure though.

 

[Cheepek]

View: https://x.com/anuragsingh_as/status/1916855033796194807?t=f6Z43cgMG9mQxEeANU0XPA&s=19

 

[karn]

View: https://www.youtube.com/watch?v=tmcf3rQrU3M&ab_channel=TheCore

American companies in China and chinese companies are lookin to set up in India.

 

[crazywithmath]

I get that but look at the quantum ! Are we to understand the entire trade talks hinged merely on an agreement or lack thereof a mere 100 visas ?

Goyal and Babooz demanded many many more visas but have since come to the obvious realization that amid surging anti immigration sentiments even a Labor govt wouldn't budge an inch and hence (correctly) moving on to more important aspects of the deal.

Wonder what caused this sudden change of heart... Do they read my DFB posts?

 

[Azaad]

Tata Sons Code of Conduct Violated, But Unintentionally: Probe Findings Against Top Executive

Earlier this month, it was reported that Mukhopadhyay, associated with the Tata Group since 1988, potentially breached the company's Code of Conduct. His daughter Shreemoyee and mother Paromita own a wealth management company named Divinion Advisory Services Pvt. Ltd

www.outlookbusiness.com

If someone can make any sense of this damn article please decode it for me otherwise prima facie it looks like Probashi Bong is going against type to ditch kulchaaar & emulate Marus here. In other words a real boka.....

 

[notaname]

GenomeIndia

Government of India committed to fostering sustainable development through democratizing and disseminating this national genetic resource knowledge

The Government is committed to ensure fair and equitable access to GenomeIndia data by our researchers

GENOMEINDIA’, funded @DBTIndia has completed whole genome sequencing (WGS) database of over 10,000 individuals representing all major population groups, across the country.

GenomeIndia data represents Government of India's commitment to scientific inquiry and is poised to reshape health and science in India and beyond, fostering sustainable development through democratizing and disseminating this national genetic resource knowledge.


View: https://x.com/PIB_India/status/1917576523810218403?t=eBagTI8jjIBiizPbU7KD8A&s=19

 

[Cheepek]

Adani pauses talks with Israel's Tower for $10 billion India chip foray, sources say

Gautam Adani's group has paused discussions with Tower Semiconductor for a $10 billion chip project, deeming it strategically and commercially unviable due to uncertain demand in India. Adani sought a greater financial commitment from Tower, leading to the hold. This decision poses a setback to...

m.economictimes.com

 

[shade2]

Adani pauses talks with Israel's Tower for $10 billion India chip foray, sources say

Gautam Adani's group has paused discussions with Tower Semiconductor for a $10 billion chip project, deeming it strategically and commercially unviable due to uncertain demand in India. Adani sought a greater financial commitment from Tower, leading to the hold. This decision poses a setback to...

m.economictimes.com

Adani needs more gibs from saheb.
Understandably so.

 

[FalconSlayers]

View: https://x.com/lakshmishaks/status/1917436277776879925

 

[Varoon4]

There must be many low profile gems like Balkrishna Tyres. Our Mexican friend showed us one, "Champion Tractors" which most people would never have heard of!

And here is another one, Khosla Profil, in the area of industrial fabrics. Doubt they are well known!

Company Profile - Khosla Profil Pvt. Ltd

www.puritytex.com

 

[Cheepek]

https://www.moneycontrol.com/news/business/startup/restaurant-body-nrai-loses-appetite-for-ondc-pauses-integration-plans-amid-churn-13008711.html

 

[bakofbakchod]

Swan Defence and Heavy Industries launches commercial logistics ecosystem at Pipavav yard - ET Manufacturing

Swan Defence And Heavy Industries: The model is designed to help companies shorten project execution timelines, minimise handoffs and reduce overall project risks.

manufacturing.economictimes.indiatimes.com

 

[ezsasa]

And here is another one, Khosla Profil, in the area of industrial fabrics. Doubt they are well known!

Company Profile - Khosla Profil Pvt. Ltd

www.puritytex.com

there would be plenty of these family run companies across the country.
for example: if not for SSS defence we wouldn't have known about their parent company's spring business.

 

[Anants]

Apple CEO Tim Cook to Commerce Secretary Howard Lutnick on bringing iPhone manufacturing to the US: I don’t like to employ all these people foreign, but I need to have ... - The Times of India

TECH NEWS : Apple CEO Tim Cook told Commerce Secretary Howard Lutnick that advanced robotics are essential for bringing iPhone manufacturing to the U.S. Amid tari

timesofindia.indiatimes.com

Apple CEO Tim Cook told Commerce Secretary Howard Lutnick that advanced robotics technology would be the key catalyst for bringing iPhone manufacturing to American soil, according to comments Lutnick made in a CNBC interview.

"I talked to Tim Cook the other day and said, 'When are you going to bring the iPhone?' When are you going to bring the iPhone manufacturing here?" Lutnick revealed. "He said, 'I need to have the robotic arms to do it at a scale and precision that would allow me to bring it here.'"

Manufacturing sector is going to see AI/Robotics revolution and any cheap labor cost benefit we have is going to evaporate fast be it software sector or manufacturing sector. Again China is the only country apart from west which has correctly planned for this

 

[SammyBoi]

View: https://twitter.com/prasannavishy/status/1917784901010743752


Hello people, it is good to be back....

 

[sauntheninja]

Coming soon: Universal Studios' amusement park in India

Universal Studios is reportedly in discussions with Bharti Real Estate to establish its first Indian theme park within Bharti's upcoming 3-million-sq-ft mall near Delhi airport. The mall, slated for completion by mid-2027, will allocate 300,000 sq ft for the indoor amusement park.

m.economictimes.com