Indian Economy

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sauntheninja said:
economictimes.indiatimes.com

Only 3 foreign manufacturing cos set up shop in India in FY25

Despite government initiatives to boost domestic manufacturing, only three foreign manufacturing companies established operations in India during fiscal year 2024-25, according to Ministry of Corporate Affairs data. This contrasts with 53 foreign companies in the services sector. The number of...
economictimes.indiatimes.com economictimes.indiatimes.com

Some damper in our manufacturing so called successes over the past year?
Click to expand...
This news bit too short for any thing to say rn .
 
eastern_bhartiya said:
Undocumented economy can be documented by proper recording and bringing them into tax system.
Click to expand...
Except their "undokyumented ekanamy" claims are as outlandish as porkis.
 
FalconSlayers said:
Except their "undokyumented ekanamy" claims are as outlandish as porkis.
Click to expand...
GST CAGR has outpaced nominal GDP growth consistently in the past few years - enough evidence that significant portion of the economy is yet to be formalized - rebasing will attempt to bring some of that into the GDP net. Pakroaches have no such indicator, their tax revenues barely grow.
 
Last edited:
currentaffairs.adda247.com

India Breaks Records in Mineral(Mining) Production in FY 2024-25

India’s mining and non-ferrous metal sectors have achieved record-breaking production levels in FY 2024-25, building upon the momentum of the previous year. According to provisional data released by the Ministry of Mines, key minerals such as iron ore, manganese ore, and bauxite, as well as...
currentaffairs.adda247.com currentaffairs.adda247.com
 
Looks like our Babooze were actually able to negotiate a good deal.
1746618108766.webp

Even automobiles face 0% tariff.
Some agricultural products as well, though I think there will be lot of non-tariff barriers with regards to food safety etc etc.
 
eastern_bhartiya said:
I doubt we will pursue open FTA with Iran, give all the international sanctions
Click to expand...

Agreed, but apparently we are still dealing with Rice exports, in the Quam Island SEZ. Seen lot of haryanvi, Tamil guys having import shops for grains. Looks like an silent trade going on these things.
 
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