Indian Economy

[AYoungBrotchen]

Zomato 13 year Loss making company get 2.4 lakh core valuation.

Ola whole life loss making company get 51783 crore.

Pb fintech whole life loss making get 83974 crore valuation.

Paytm whole life loss making company get 42190 core present valuation.

Cred makes 2,473 crore.

Thr Cred recognize gross value of transactions, payments through CRED as their revenue. There were issues of Revenue Recognition in Byju as well, which when rectified resulted in catastrophic results.

Startup are still no gain all losses business mostly.

If the business model is okay ,and the business is investing money into expanding, operating in loss isn't an issue. Amazon was in loss for the first 23 years of it existence.

 

[FalconSlayers]

Time to blackpill

GST collections hit a 40-month low in September 2024

India's GST collections hit a 40-month low in September, with revenues of ₹1,73,240 crore, showing slow growth.

www.thehindu.com

India's manufacturing sector slows down in August: HSBC PMI report - Times of India

India Business News: India's manufacturing sector showed signs of slowing in August, with the HSBC Manufacturing PMI falling to 57.5 from 58.1 in July. New orders and expo

timesofindia.indiatimes.com

India's core sector declines by 1.8% in August

India's core sector output growth plummeted to 1.8% in August 2024 from 13.4% in August 2023, with significant declines in natural gas and coal production. Despite overall contraction, steel and fertilizer sectors saw positive growth. Core sector growth for April-August stood at 4.6%.

economictimes.indiatimes.com

India's power consumption remains flat at 141.36 billion units in Sep

India's power consumption in September remained nearly unchanged at 141.36 billion units year-on-year, primarily due to 10.6% above-normal rainfall reducing the need for cooling appliances. Peak power demand also contracted to 230.60 GW from 239.93 GW last year, with the highest-ever peak at...

economictimes.indiatimes.com

Auto sales decline in August for second straight month

Passenger vehicle sales in India declined for the second consecutive month in August due to a high base and manufacturers reducing dispatches to balance dealership stock. About 350,000-355,000 vehicles were dispatched, marking a 1.7-3% drop from August 2023. Carmakers are hopeful for strong...

economictimes.indiatimes.com

 

[TopWatcher]

Zomato 13 year Loss making company get 2.4 lakh core valuation.

Ola whole life loss making company get 51783 crore.

Pb fintech whole life loss making get 83974 crore valuation.

Paytm whole life loss making company get 42190 core present valuation.

Cred makes 2,473 crore.

Thr Cred recognize gross value of transactions, payments through CRED as their revenue. There were issues of Revenue Recognition in Byju as well, which when rectified resulted in catastrophic results.

Startup are still no gain all losses business mostly.

These are not losses they are showing losses against expansion.

 

[TopWatcher]

Indian economy on a strong footing! The World Bank has revis ..

Read more at:
http://timesofindia.indiatimes.com/...ofinterest&utm_medium=text&utm_campaign=cppst


View: https://www.youtube.com/watch?v=Z15WZK_FAf0

I think india right now cross 4T$ ??

 

[SKC]

Time to blackpill

GST collections hit a 40-month low in September 2024

India's GST collections hit a 40-month low in September, with revenues of ₹1,73,240 crore, showing slow growth.

www.thehindu.com

India's manufacturing sector slows down in August: HSBC PMI report - Times of India

India Business News: India's manufacturing sector showed signs of slowing in August, with the HSBC Manufacturing PMI falling to 57.5 from 58.1 in July. New orders and expo

timesofindia.indiatimes.com

India's core sector declines by 1.8% in August

India's core sector output growth plummeted to 1.8% in August 2024 from 13.4% in August 2023, with significant declines in natural gas and coal production. Despite overall contraction, steel and fertilizer sectors saw positive growth. Core sector growth for April-August stood at 4.6%.

economictimes.indiatimes.com

India's power consumption remains flat at 141.36 billion units in Sep

India's power consumption in September remained nearly unchanged at 141.36 billion units year-on-year, primarily due to 10.6% above-normal rainfall reducing the need for cooling appliances. Peak power demand also contracted to 230.60 GW from 239.93 GW last year, with the highest-ever peak at...

economictimes.indiatimes.com

Auto sales decline in August for second straight month

Passenger vehicle sales in India declined for the second consecutive month in August due to a high base and manufacturers reducing dispatches to balance dealership stock. About 350,000-355,000 vehicles were dispatched, marking a 1.7-3% drop from August 2023. Carmakers are hopeful for strong...

economictimes.indiatimes.com

August and September are in-auspicious months. Usually, you see decline in activity in these two months.

Festival season is alreay on our doors. Update from Automotive Industry from September:

1. Mahindra's dispatch to their vendors crossed 50K units for the first time in their history.

2. Tata also dispatched just over 49K units to their vendors.

Expect a bang-on October-December quarter this year.​

 

[FalconSlayers]

August and September are in-auspicious months. Usually, you see decline in activity in these two months.

Festival season is alreay on our doors. Update from Automotive Industry from September:

1. Mahindra's dispatch to their vendors crossed 50K units for the first time in their history.

2. Tata also dispatched just over 49K units to their vendors.

Expect a bang-on October-December quarter this year.​

We both know its not gonna happen, damage is already done for this fiscal year and any growth will be subdued by previous quarter slowdowns. Plus INR depreciation...

 

[haldilal]

If the business model is okay ,and the business is investing money into expanding, operating in loss isn't an issue. Amazon was in loss for the first 23 years of it existence.

If Cred has a model.

These are not losses they are showing losses against expansion.

If that expansion continously and stable and this is if here. Even after 15 years Flipkart is in read and so are the majority of the startups, potential and growth can't be totally replacement for profit.

 

[ezsasa]

Time to blackpill

GST collections hit a 40-month low in September 2024

India's GST collections hit a 40-month low in September, with revenues of ₹1,73,240 crore, showing slow growth.

www.thehindu.com

that dhindu article, if 1.7 lakh crore for a month tax collection seems low for them, then the country has come a long way.

 

[ArjunMK1A]

Hero will not have problem with suppliers and vendors, they are established.
What they need is a reliable engine which can be tuned for different settings then use the same engine for cruiser, commuter, roadster, offroader etc.
They can ofcourse universal their electronics offerings across all of them.

Highlighted parts were being employed in Automobile industry for decades. Still you can leverage for an extent.

 

[FalconSlayers]

that dhindu article, if 1.7 lakh crore for a month tax collection seems low for them, then the country has come a long way.

6.5% growth only, the growth rate has slowed down.

 

[haldilal]

 

[SKC]

6.5% growth only, the growth rate has slowed down.

We will be oscillating between 5% to 9-10% per quarter only pretty much for whole coming decade.

We have work with the current internal and external socio-political scenario. We can't have a magical growth rate defying all odds.​

 

[Cheepek]

View attachment 10895

If sabotage is found, then the government should go to the extent of changing laws so as to hang culprits to death.

 

[SlayingHell]

If sabotage is found, then the government should go to the extent of changing laws so as to hang culprits to death.

Well since its Tata, a Private Conglomerate, we would get action soon. If its some PSU or Gormint company like SCL, investigation will be tampered and everything will be forgotten.

 

[FalconSlayers]

Car sales decline for third straight month in September

Car sales have dropped for three months in a row, despite discounts. Major players like Maruti Suzuki, Hyundai, and Tata Motors reported reduced sales. However, Mahindra & Mahindra and Toyota saw a rise. Automakers are hopeful that the upcoming festive season will boost demand. Two-wheeler and...

economictimes.indiatimes.com

 

[ezsasa]

6.5% growth only, the growth rate has slowed down.

we can guess..

gold and silver import duty cut from 15 to 6% in budget this year, that should have an impact on yoy IGST . gold came to mind because my sister was saying there was shortage of 24 carat gold in hyd two weeks back.

where else GST rate cuts have happened this year?

anyways more data has to come out for economist gyanis to figure out the reason.

 

[FalconSlayers]

we can guess..

gold and silver import duty cut from 15 to 6% in budget this year, that should have an impact on yoy IGST . gold came to mind because my sister was saying there was shortage of 24 carat gold in hyd two weeks back.

where else GST rate cuts have happened this year?

anyways more data has to come out for economist gyanis to figure out the reason.

High base effect could be reason, but seeing secular decline in various HFIs showing a cooling down economy.

 

[crazywithmath]

We both know its not gonna happen, damage is already done for this fiscal year and any growth will be subdued by previous quarter slowdowns. Plus INR depreciation...

Automobile sales were on a roll in Q1 FY 2024-25. We will see - long way to go before it is March, 2025. USDINR will keep oscillating between 83.5 and 84 for the next 10-12 months (an annual depreciation of < 1%) - just like it kept fluctuating between 83 and 83.5 for the past 12 months. As @ezsasa mentioned; if an annual depreciation of < 1% seems worrying then the country indeed has come a long way.

 

[Nutcracker]

We both know its not gonna happen, damage is already done for this fiscal year and any growth will be subdued by previous quarter slowdowns. Plus INR depreciation...

INR won't depreciated much , US has turned on printer again. Our only worry should be decline in US job market despite printing. Exports will reduce but so will the oil imports bill.