Search found 727 matches

by JohnTitor
21 Nov 2018 09:07
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7842
Views: 636394

Re: Currency Demonetisation and Future course of Indian Economy

I'm curious as to the continued existence of the 2k note, 2 years after demonization..

It will go a long way to reducing cash for large transactions.
by JohnTitor
29 Oct 2018 09:46
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2503
Views: 395679

Re: Indian Economy News & Discussion - Nov 27 2017

It's almost as if the upcoming elections are causing all the insects to come out of the woodwork. I'm not surprised about the CBI but the RBI is a bit unexpected
by JohnTitor
28 Oct 2018 08:26
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2503
Views: 395679

Re: Indian Economy News & Discussion - Nov 27 2017

I don't think anyone is saying debt is the issue. What is the issue, however, is using political influence to fraudulently obtain vast amounts of debt, splurge and then use same influence to renege on debt without any consequence. IBC just short-circuits the system by taking away their company on ca...
by JohnTitor
24 Oct 2018 17:57
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2503
Views: 395679

Re: Indian Economy News & Discussion - Nov 27 2017

2) The problem for India is that unlike most Asian countries that grew rich, ours is a demand-side/consumption driven growth, rather than supply-side/production driven growth. This shows up in various ways-- high trade deficits, low jobs growth (relative to the growth of GDP). I'm not sure that's a...
by JohnTitor
24 Oct 2018 09:40
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2920
Views: 356769

Re: Indian Railways Thread (Dec 2015)

{Deleted . Stop posting such comments.}
by JohnTitor
22 Oct 2018 19:32
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2503
Views: 395679

Re: Indian Economy News & Discussion - Nov 27 2017

Its not that we are lazy. It is mainly the business financing for middle and lower middle class, and the ecosystem is unforgiving for failure when in businesses it is the major concern. I beg to differ. Getting people here to do anything is like pulling teeth. Even at work, I have to go through sev...
by JohnTitor
07 Oct 2018 10:39
Forum: Strategic Issues & International Relations Forum
Topic: Pakistani Economic Stress Watch
Replies: 2197
Views: 264593

Re: Pakistani Economic Stress Watch

Manish_P wrote:IMF appoints Gita Gopinath as Chief Economist

Oh you Pakis

:mrgreen: :rotfl:


She's married to Iqbal Dhaliwal
by JohnTitor
29 Sep 2018 10:29
Forum: Technology & Economic Forum
Topic: Indian IT Industry
Replies: 1041
Views: 114183

Re: Indian IT Industry

How is highly skilled referring to PhD, "unreasonable"?

The quality of education and work ethic in India is shamefully poor. Agree with the cultural gap though
by JohnTitor
03 Sep 2018 08:49
Forum: Technology & Economic Forum
Topic: Indian Real Estate Sector
Replies: 1069
Views: 100333

Re: Indian Real Estate Sector

Nope, another SC order noone will care about. (Unless that is meant for infrastructure projects)

Moreover, even if enforcement was something that they might do, everyone will grease a few palms. You can't construct anything without some butter anyway
by JohnTitor
01 Sep 2018 10:30
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2503
Views: 395679

Re: Indian Economy News & Discussion - Nov 27 2017

Is there a particular reason that causes Q1 growth rate to be generally more than the growth rates of other quarters? (don't consider 2016 and 2017 coz of demonitization) Q4 is the end off-the-shelf financial year. Companies usually present their performance after the end of Q4. So they do everythi...
by JohnTitor
15 Aug 2018 10:44
Forum: Strategic Issues & International Relations Forum
Topic: Indo-UK News & Discussions- June 2017
Replies: 1631
Views: 201390

Re: Indo-UK News & Discussions- June 2017

Monitoring of family members of suspected terrorists (which is what khalistani are) is pretty common. At least they can be done, no?
by JohnTitor
15 Aug 2018 08:47
Forum: Strategic Issues & International Relations Forum
Topic: Indo-UK News & Discussions- June 2017
Replies: 1631
Views: 201390

Re: Indo-UK News & Discussions- June 2017

pawns of the brishit? I clearly said that any body with fUK passport but with OCI are exempt. If the brishit wants to prove that they are the mythical aryans to escape the strip search, so be it - as long as they pay for Indian case workers to go to fUK and identify their antecedents. Being a usefu...
by JohnTitor
13 Aug 2018 23:27
Forum: Strategic Issues & International Relations Forum
Topic: Neutering & Defanging Chinese Threat (15-11-2017)
Replies: 2503
Views: 317347

Re: Neutering & Defanging Chinese Threat (15-11-2017)

Actually, when I visited Sri Lanka last year, the area was teeming with Chinese. I was a little taken aback at the sheer numbers. They even have Chinese shops and stuff. Many SL we're annoyed by the sudden influx
by JohnTitor
13 Aug 2018 23:04
Forum: Strategic Issues & International Relations Forum
Topic: Indo-UK News & Discussions- June 2017
Replies: 1631
Views: 201390

Re: Indo-UK News & Discussions- June 2017

^The only way this can be countered is when MEA really gets strong on visitors/business and companies with persons from fUK. Anybody with fUK citizenship and not having an OCI should have to go through the following: 1. A separate line everywhere including immigration checkpoints for fUK - called &...
by JohnTitor
09 Jul 2018 14:42
Forum: Strategic Issues & International Relations Forum
Topic: Maldives Civil-Military Issues
Replies: 1095
Views: 109120

Re: Maldives Civil-Military Issues

Philip, NAM was always a failure. The reason it felt like it worked was because it made bandit and his clan feel good trying to preach morals to superpowers. At the end of the day, it was the same as a bunch of losers complaining about how the bullies took their lunch money. The saying misery loves ...
by JohnTitor
09 Jul 2018 09:51
Forum: Strategic Issues & International Relations Forum
Topic: Indian Foreign Policy
Replies: 2187
Views: 216308

Re: Indian Foreign Policy

I'm not sure this is the right thread but I couldn't find anywhere more appropriate. https://www.firstpost.com/india/rabinder-singh-spy-who-defected-to-us-is-no-more-double-agent-lived-his-last-years-as-a-remorseful-recluse-4688341.html/amp Looks like he got what he deserved. Died a broke and homele...
by JohnTitor
08 Jul 2018 05:52
Forum: Strategic Issues & International Relations Forum
Topic: Pakistani Economic Stress Watch
Replies: 2197
Views: 264593

Re: Pakistani Economic Stress Watch

^^ The Chinese are not stupid. Like a python, they will slowly and patiently get a vice like grip. Then they will extract their pound of flesh. Just look at their projects in Sri Lanka, Africa and South America
by JohnTitor
08 Jul 2018 05:40
Forum: Strategic Issues & International Relations Forum
Topic: Maldives Civil-Military Issues
Replies: 1095
Views: 109120

Re: Maldives Civil-Military Issues

Whether you like it or not, India is a topic of discussion in Maldives. A couple of my friends work there as doctors. Might as well retaliate than look like victims, quietly allowing them to show us our place every step of the way. As Sanjay said, India and Indians seem to be the only country where ...
by JohnTitor
07 Jul 2018 09:42
Forum: Strategic Issues & International Relations Forum
Topic: Maldives Civil-Military Issues
Replies: 1095
Views: 109120

Re: Maldives Civil-Military Issues

I don't see why we are entertaining this nonsense.

We should start making life harder for them, including telling them that when they start sinking, they should contact their Pakistani and Chinese brethren for help and not come with begging bowls in hand to India.
by JohnTitor
06 Jul 2018 03:10
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92011

Re: GST - Discussion on all aspects.

Interesting, the reverse mechanism and tax on output is a bit confusing, though I've gone through it a few times.

I think I mistook one for the other.
by JohnTitor
05 Jul 2018 10:22
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92011

Re: GST - Discussion on all aspects.

This isn't the exact article, as is states that the mechanism will be deferred rather than scrapped. https://www.livemint.com/Politics/7pqWcjmsCoRTlNPfcyLslK/Govt-likely-to-go-slow-on-key-antievasion-measure-under-GST.html Under the reverse charge mechanism, entities (registered under GST) that purc...
by JohnTitor
05 Jul 2018 08:12
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92011

Re: GST - Discussion on all aspects.

Question..

There was a recent news item about the government planning to abandon the reverse charge mechanism in GST. (Can't find the actual news item anymore but that was the gist)

This was one of the things forcing everyone to formalise and register. Isn't this a step back?
by JohnTitor
25 Jun 2018 13:25
Forum: Technology & Economic Forum
Topic: Perspectives on the global economic changes
Replies: 4156
Views: 204635

Re: Perspectives on the global economic changes

Neshant, I don't think it'll work out as you suggest.

The EU and China are targeting their tariffs at his voter base. Though there is a chance that it might make them double down on trump.

https://www.theguardian.com/business/20 ... etaliation
by JohnTitor
24 Jun 2018 17:53
Forum: Technology & Economic Forum
Topic: Oil & Natural Gas: News & Discussion
Replies: 1449
Views: 187970

Re: Oil & Natural Gas: News & Discussion

^^ Supply is to increase later in the year. So it isn't going to affect spot prices, but futures should fall slightly - the increase is only marginal
by JohnTitor
24 Jun 2018 17:50
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1504
Views: 203765

Re: India's Power Sector

Neshant, power is not cheap in India. In fact, even compared to the UK, you pay a lot more for the same amount of power consumed. And that's saying something! (I'm talking PPP of course)
by JohnTitor
20 Jun 2018 11:34
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2503
Views: 395679

Re: Indian Economy News & Discussion - Nov 27 2017

Excellent news Suraj. It would have been better if the amount required to be prosecuted under that law were 100 million rupees instead. All these theives need to be stripped clean, just like they have collectively done to the taxpayer
by JohnTitor
17 Jun 2018 10:19
Forum: Strategic Issues & International Relations Forum
Topic: Indian Foreign Policy
Replies: 2187
Views: 216308

Re: Indian Foreign Policy

She need not say it either. Do you see China or the EU saying such drivel? Anyway, India plans to increase tariffs, so such talk is pointless. Such talk only exposes the immaturity of our politicians when it comes to geopolitics. You do what needs to be done to counter the threat. Trump cares little...
by JohnTitor
16 Jun 2018 19:17
Forum: Strategic Issues & International Relations Forum
Topic: Indian Foreign Policy
Replies: 2187
Views: 216308

Re: Indian Foreign Policy

To continue the discussion, India does not believe in 'Me First' approach: Sushma Swaraj I just love our EAM. Since the days she became a young minister in the Morarji Desai government, she has done the nation proud. I disagree. This attitude is fine at a personal level, not at a national level. Th...
by JohnTitor
15 Jun 2018 08:21
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1504
Views: 203765

Re: India's Power Sector

Agree with Rahul. Scarcity is one thing, but affordability is another. Electricity is quite expensive in India, at least in KA, on a PPP basis. I used to pay less as a percentage of my income for more in the UK though the UK is considered expensive. On average price per KWH is around 6-8 rupees. It ...
by JohnTitor
14 Jun 2018 18:10
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1504
Views: 203765

Re: India's Power Sector

Have to agree with bribes bring the issue for theft.

There is a slum not too far from where I live, they steal electricity and several complaints have been made. We were told there is political protection and nothing can be done.
by JohnTitor
05 Jun 2018 13:46
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 704
Views: 92011

Re: GST - Discussion on all aspects.

^^ Authority without accountability? Management can do what they want but don't need to worry about the consequences
by JohnTitor
19 Apr 2018 21:23
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2503
Views: 395679

Re: Indian Economy News & Discussion - Nov 27 2017

Isn't GST one way to bring these businesses to pay tax? It has reduced non-compliance but I can assure you that there are still ways to avoid paying GST. I know this from anecdotal evidence. So it's harder but not impossible. For instance you can still buy 100 kg of ingredients but only bill 70 kg....
by JohnTitor
18 Apr 2018 18:23
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2503
Views: 395679

Re: Indian Economy News & Discussion - Nov 27 2017

Cash less won't happen in India unless people are forced into it. Like I've been saying he 2000 and 500 notes have to be withdrawn. Over time, the highest denomination must be brought down to 20. Yes, I know that with this proposal the highest denomination based on GDP and currency is much higher in...
by JohnTitor
10 Apr 2018 06:35
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2503
Views: 395679

Re: Indian Economy News & Discussion - Nov 27 2017

All well and fine. But the electronics industry is one of the most polluting industries out there. I hope there is very strict enforcement of regulation to ensure there isn't an ecological disaster
by JohnTitor
29 Mar 2018 12:05
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2503
Views: 395679

Re: Indian Economy News & Discussion - Nov 27 2017

Sadly, PayTM is Chinese now.

Would have been good to have one Indian owned private payments company.
by JohnTitor
26 Mar 2018 11:10
Forum: Technology & Economic Forum
Topic: Perspectives on the global economic changes
Replies: 4156
Views: 204635

Re: Perspectives on the global economic changes

How can any saver agree to be cheated indefinitely when it is obvious there is no intention to pay any of these debts at face value and maybe even not at all. Funny thing is that India has been increasing T-bills. I wonder what these bankers think. http://ticdata.treasury.gov/Publish/mfh.txt It's g...
by JohnTitor
24 Mar 2018 17:48
Forum: Technology & Economic Forum
Topic: Clean India - Places, Options, Initiatives & Results
Replies: 96
Views: 15915

Re: Clean India - Places, Options, Initiatives & Results

Garbage burning as a practice has long disappeared, due to strict environmental laws. The dust we see in cities is actually the dust from exposed soil surface. BTW, What happens to you NRI/R2I specimen? DNA's of you guys change after few years in US? Typical condescending NRI / R2I non sense "...
by JohnTitor
19 Feb 2018 08:07
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2503
Views: 395679

Re: Indian Economy News & Discussion - Nov 27 2017

It is incorrect to compare the 2008 crisis to the PNB scandal for the simple reason that the latter has political influence all over it while the former is just human greed. US banks gambled with depositors money and that can be fixed with regulation such as the glass-stegal act. The fact that legis...
by JohnTitor
20 Jan 2018 09:28
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2503
Views: 395679

Re: Indian Economy News & Discussion - Nov 27 2017

^^ although I'd love for it to be true, seems unlikely. Why would jetli constitute a panel to examine possible changes to direct taxes if they had already decided to get rid of income tax?
by JohnTitor
19 Jan 2018 17:15
Forum: Strategic Issues & International Relations Forum
Topic: Pakistani Economic Stress Watch
Replies: 2197
Views: 264593

Re: Pakistani Economic Stress Watch

^^ Not soon enough, my friend, not soon enough!

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