Indian Economy (10 Viewers)

[redpanda]

chongs have insane growth because they invested in each and every field from top to bottom in early 2000s, and now they are part of the supply chain of every fooking item built, you will have to get some thing or the other from them, thats how their economy will never go at negative rate until and unless we do something next level shit to destroy their indigenous companies and bring western companies here.

Their economy is still very much export dependant. They are struggling to shift to a consumption based economy. And they suffering from deflation because of this. Without increasing consumption they might face deflation for 5-6 years and that will have some serious negative consequences. Well if we try hard enough we can disrupt their export sectors. Like if India somehow is able to tap into rare earth supply chain. It alone would have an impact on Chinese economy. Because western countries would start diversifying their rare earth supply chain from China to India and other countries.
These kind of things need to happen consistently for us to grow and disrupt Chinese export at the same time..

 

[ezsasa]

as soon as i read the dhindu headline in the second article, i thought why does it sound like TCA sharad raghavan, and there he was in dhindu.
the bird has reached nest, it is supposed to be in.

continuing with earlier post on how percentages are used for subtle messaging usually on negative side.
another case of humanities & arts wallahs taking liberties using "creative" mathematics.
======
This is just lazy journalism, @bsindia. Please make your staff writers understand that a few months of the year have 30 days. On average, you had 602.4 million transactions per day in May, and 613 million transactions per day in June.

Common sense.


View: https://x.com/Tushar15_/status/1939954106124157340

 

[redpanda]

India is not Your Inequality Story

India is not Your Inequality Story

www.orfonline.org

@Indx TechStyle Some left leaning folks have already started saying India is underreporting inequality because it's consumption data unlike income-data in the US. I am not that knowledgeable in economics, so I wanted to ask you how big is this difference in methodology is? Does it as impactful as these guys are making it or not? I would atleast assume WB have some methods to normalise the data.

 

[manthrawaadhi]

Yes.

Telugus also believe that once a person visits Kashi, they must give up something they like permanently. Don't know if this belief exists throughout the country.

My grandmother went to Kashi in 2004 or 2005 and since then she stopped eating Guavas which were her favorite fruit.

అవును అన్నా(Yes Brother)!!

 

[vin pahadi (kumauni)]

https://www.financialexpress.com/business/healthcare-new-zealand-nurse-flies-to-india-for-rs-20000-dollar-robotic-hip-surgeryindian-hospitals-were-amazing-3899099/

Been hearing of medical tourism for decades. Is it finally happening?

this medical tourism from west countries going to increase in india....due to high cost nd waiting time period in many western countries. But it can be also problematic for indians also. we can see more waiting periods nd increase in cost, due to foreign medical tourist. hope we see control number of foreign medical tourist, due to their negative mindset of india nd racism. our resources should used nd consume by indian most.

 

[ezsasa]

India is not Your Inequality Story

India is not Your Inequality Story

www.orfonline.org

@Indx TechStyle Some left leaning folks have already started saying India is underreporting inequality because it's consumption data unlike income-data in the US. I am not that knowledgeable in economics, so I wanted to ask you how big is this difference in methodology is? Does it as impactful as these guys are making it or not? I would atleast assume WB have some methods to normalise the data.

this paper from WB explores the same question, they acknowledge that most countries especially poor and developing ones do not have income data and but have consumption data. they take the example of philippines where both data exists, depending on the data used, philippines falls under two different classifications.

and they think conversion factor should be used.

usage of conversion factor/pass thru factor is not new for WB, WB during earlier regime used to deliberately employ such conversion factors explicitly for India to bring down the values. surjit bhalla had written a paper on this deliberate mischief a few years ago.

whether this conversion factor was used for latest India number, we will have to wait for some expert to look into it and tell us.

As a final method, we use a very simple conversion, which is the average ratio of income-toconsumption Ginis for the 84 country-years that have both. This ratio is 1.13, meaning that we createincome Ginis for consumption aggregates by multiplying the consumption Gini by 1.13, and that wecreate consumption Ginis for income aggregates by dividing the income Gini by 1.13.

https://documents1.worldbank.org/curated/en/099549506102441825/pdf/IDU-bd155bac-6d78-43af-8833-f87564a9d6c8.pdf

 

[Cheepek]

Xitler trying too hard

https://www.bloomberg.com/news/articles/2025-07-02/foxconn-pulls-chinese-staff-from-india-in-hurdle-for-apple-aapl

 

[notaname]

Union Minister of Jal Shakti @CRPaatil inaugurates C-FLOOD, a Unified Inundation Forecasting System

C-FLOOD is a web-based platform that provides two-days advance inundation forecasts up to village level in the form of flood inundation maps and water level predictions

Minister appreciated the collaborative efforts of CWC, C-DAC, and NRSC in operationalising this state-of-the-art flood forecasting dissemination system

The project marks a transformative step towards strengthening India’s flood management and disaster response framework

Read here: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2141608


View: https://x.com/PIB_India/status/1940398544969699785?t=B5VsfxwnXtsVdkxXgcwREQ&s=19

 

[jaijaganath]

View: https://x.com/_mm85/status/1940054150760341662

 

[liberalredditor]

https://www.mining.com/web/india-sends-geologists-to-zambia-to-explore-copper-and-cobalt-deposits-sources-say/

this way we can save our resources and use it in tough times like sanctions or embargo

 

[Varoon4]

https://www.financialexpress.com/business/healthcare-new-zealand-nurse-flies-to-india-for-rs-20000-dollar-robotic-hip-surgeryindian-hospitals-were-amazing-3899099/

Been hearing of medical tourism for decades. Is it finally happening?

And what's uplifting, is that almost all the people operated on in this medical tourism have favourable, sometimes effusive, things to say about the Indian hospitals. No matter which country they are from