Indian Economy

[Screambowl]

AC technician salary at entry us is 50000 in Canada while for more experienced one is 65000

They can save for a few years and till buy a mustang with little bit of down payment. Why emphasize on luxury cars? because that is associated with wealth.
Which indian blue collar could hope to have such luxuries? With a salary of 7000?
West offers a better vertical than India.


Tho I must say houses are as costly in canada as India.

Blue collar is hand work it has it's own specialty and they earn really really good abroad and let me tell you, In coming days there will be demand of blue collar technicians more than engineers, it's just you need to learn the right trade.

 

[concard]

View: https://x.com/GlobeEyeNews/status/1850933806905295262

> Oil deficient country, doesn't produce oil
> Exports the most amount of oil to Europe

Dhandhomaxxing

If they are sourcing so much from India it means our refining costs are way lower even with shipping costs. Will this lead to more reduced costs or some innovation in turning crude Oil to refined products at lower prices? Whatever it is, I hope we make as much hay as possible while the sun is shining. We better use this opportunity to lower our own Oil import bill which is increasing every year.

 

[FalconSlayers]

Major news

View: https://x.com/CNBCTV18Live/status/1851121994336780383

If they are sourcing so much from India it means our refining costs are way lower even with shipping costs. Will this lead to more reduced costs or some innovation in turning crude Oil to refined products at lower prices? Whatever it is, I hope we make as much hay as possible while the sun is shining. We better use this opportunity to lower our own Oil import bill which is increasing every year.

India's refining capacity is 4th highest on earth. Removing china and Russia we'll be at number 2 after the USA. So, Europe has no option except buying it from us.

 

[Aaj Ka Hero]

https://swarajyamag.com/world/a-brics-effort-is-underway-to-undo-swift-monopoly-can-it-work

Beautifully explained.

 

[SKC]

Major news

View: https://x.com/CNBCTV18Live/status/1851121994336780383



India's refining capacity is 4th highest on earth. Removing china and Russia we'll be at number 2 after the USA. So, Europe has no option except buying it from us.

Well, we have world's largest single refinery installation - Jamnagar refinery. I think it has been tuned for crude oil from all kinds of different sources: Venezuelan, Russian, Brent, American, Middle eastern etc-etc.​

 

[darkflame]

https://www.tomshardware.com/tech-i...n-hundreds-of-millions-of-dollars-of-hardware

Indian firms secretly funneled AMD, Nvidia AI GPUs to Russia — sanctions reportedly skirted on hundreds of millions of dollars of hardware​

 

[notaname]