Indian Economy

[Nutcracker]

Rupee rebounding:

View attachment 32819



View attachment 32821

Simultaneously forex is growing too.
Rare occurance of these two Ws together.

India’s forex reserves up by $1.98 bn to $688.13 bn as of April 25

India's foreign exchange reserves rose for the eighth straight week, reaching $688.13 billion as of April 25, according to data released by the Reserve Bank of India (RBI) on Friday. The reserves grew by $1.98 billion during the week.

m.economictimes.com

 

[Cheepek]

We are generating more cash than we know how to use: Adani Ports MD Karan Adani

https://www.livemint.com/companies/news/we-are-generating-more-cash-than-we-know-how-to-use-adani-ports-md-karan-adani-11746182319673.html

 

[SammyBoi]

View: https://twitter.com/Prakhar81420407/status/1918272002173137341



The Indian Economy chugs on relentlessly...

 

[SammyBoi]

Apple continues Making in India...


View: https://twitter.com/Harinderindi22/status/1918267959597846683

 

[SammyBoi]

Ye dil maange more...


View: https://twitter.com/lakshmishaks/status/1918207558868689222

 

[shade2]

Apple continues Making in India...


View: https://twitter.com/Harinderindi22/status/1918267959597846683

View attachment 32843

Years ago I had read these were being made in Vietnam by chingchong company for Apple
Hope like these airpods even the macbook and ipad manufacturing comes to India

 

[Azaad]

View: https://twitter.com/riteshmjn/status/1918093630730060092?s=19



This may please you immensely! @rockdog

 

[Azaad]

View: https://twitter.com/LiveLawIndia/status/1918176548970213613?s=19

SC scraps JSW Steel’s ‘illegal’ Bhushan Power and Steel deal, orders liquidation

The Supreme Court has nullified JSW Steel's resolution plan for Bhushan Power and Steel Ltd, deeming it illegal and ordering liquidation. JSW's plan involved a significant haircut for lenders, offering Rs 19,350 crore to financial creditors and Rs 350 crore to operational creditors.

m.economictimes.com

Thanks to all these shenanigans Bhushan Steel will be liquidated & all those employees & vendors dependent on it, doomed. Wonder why can't the IBC process be started afresh & JSW kept out of it

 

[Azaad]

View: https://twitter.com/prasannavishy/status/1917784901010743752
View attachment 32681

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

What sort of vacuous article is this that too from ET full of form with no content whatsoever. Which companies are contributing to this so called revolution? What are their names, location, particulars? What's their T/O, product profile, market share etc?

Reads more like a PR piece full of wordplay

 

[Azaad]

View: https://twitter.com/cheraputra/status/1918172963196883356?s=19

 

[vin pahadi (kumauni)]

Ye dil maange more...


View: https://twitter.com/lakshmishaks/status/1918207558868689222

View attachment 32845

R we going on Chinese path??? i mean use our resources nd send to other countries to consume it. In return we will get more nd more US dollars. same paper dollars which america prints in trillions. suppose just like china by exporting for 20-40 years we also collect 2-3 trillion dollars. if that time dollar valuation go down due to removal of dollar's reserve currency status. then we hv devaluated dollars nd we used our resources for other countries consumption. although we ourself need huge resources for our own country people due to huge population. do any one hv answer that its good or bad move in long term for us??