Bharat Rakshak

A_Gupta

ATM and bank branch growth has slowed down, apparently causing problems for rural areas.
https://economictimes.indiatimes.com/in ... 019590.cms

A_Gupta

Japan and EU signed a free trade agreement.
https://www.indiatvnews.com/news/world- ... eal-453239

The text of the agreement is here.
http://trade.ec.europa.eu/doclib/press/ ... fm?id=1684

A_Gupta

Imagine if An Indian PM said in a press conference, I don’t believe RAW, I asked my Pakistani counterpart, and he denied forcefully everything, and I have no reason to disbelieve him.

A_Gupta

I think just as East Europe is nervous about Russia, it would be nervous about a re-arming Germany.

A_Gupta

^^^ There is also the potential of more trade with Central Asia; Iran-India, Central Asia-India pipelines; integration of Pakistan into India's power grid (just the coal cost per kilowatt-hour for Sahiwal power plant in Pakistan is more than NTPC price for delivered electricity), a fully functioning...

A_Gupta

abhik wrote:What exactly is a grand jury indictment? And +1 on vijayk 's question, what exactly did they plead guilty to?

https://en.m.wikipedia.org/wiki/Special_Counsel_investigation_(2017–present)#Table_of_charges

A_Gupta

Imagine the US had someone spying on Kremlin meetings. To use this person’s reports in regular court proceedings to prosecute someone, in US law it would be necessary for the defendant’s side to be able to cross-examine this person. Which the government may not want for obvious reasons. There is thu...

A_Gupta

Some additional reading for those who are interested. Wiki: Gravity model of trade https://en.wikipedia.org/wiki/Gravity_model_of_trade The Gravity Equation in International Trade: An Explanation http://www.nber.org/papers/w19285 https://arxiv.org/pdf/1304.3252.pdf Abstract Jan Tinbergen, the first ...

A_Gupta

https://forums.bharat-rakshak.com/viewtopic.php?f=2&t=7613&p=2283298#p2283307 X-post A very subjective opinion from me. Paul Krugman in a recent article on Brexit, wrote: One of the best-established relationships in economics is the so-called gravity equation for trade between any two countr...

A_Gupta

A very subjective opinion from me. Paul Krugman in a recent article on Brexit, wrote: One of the best-established relationships in economics is the so-called gravity equation for trade between any two countries, which says that the amount of trade depends positively on the size of the two countries’...

A_Gupta

How good of a predictor is the Nikkei India Purchasing Managers Index (Manufacturing)? The Nikkei PMI on July 1 was 53.1, the next will be available on August 1. Via tradingeconomics.com here is 5 years of Nikkei PMI ( > 50 means expected expansion, < 50 means expected contraction) https://3.bp.blog...

A_Gupta

Brexit while keeping the UK in the EU customs union?
https://www.nytimes.com/2018/07/10/opin ... avity.html

A_Gupta

Katare wrote:Did anyone find the original Brooking's Institute report on poverty that these articles are quoting from?

AFAIK, it was a Brookings Institute blog post.
https://www.brookings.edu/blog/future-d ... narrative/
The start of a new poverty narrative

A_Gupta

https://tradingeconomics.com/india/balance-of-trade India's trade gap rose to USD 16.6 billion in June of 2018 from USD 12.96 billion a year earlier. It is the highest trade deficit since May of 2013. Imports surged 21.3% year-on-year to USD 44.3 billion, reaching the highest value since January of ...

A_Gupta

Really? http://www.worldbank.org/en/programs/icp/brief/methodology-calculation Quoting from one of the resources there: "PPPs are price indexes that serve as spatial price deflators. In addition to being spatial price deflators, PPPs are currency convertors". PPP = price level ratio * curr...

A_Gupta

Since it is a military forum, a perfect example of GDP vs PPP is the size of military between India & UK. Despite having almost the same budget as UK, India is able to maintain a much larger force. Not just in men, but material as well. Aha, but PPP is based on a civilian consumer basket of goo...

A_Gupta

The MOSPI press release is here (PDF file): http://www.mospi.gov.in/sites/default/files/press_release/iip_PR_12july18r.pdf In terms of industries, thirteen out of the twenty three industry groups (as per 2-digit NIC-2008) in the manufacturing sector have shown positive growth during the month of May...

A_Gupta

Bloomberg reports: https://www.bloombergquint.com/global-economics/2018/07/12/indias-industrial-output-growth-slows-to-seven-month-low-in-may India’s industrial activity declined sharply in May mainly due to a slowdown in manufacturing activity, after gathering pace in April. The index of industrial...

A_Gupta

Disappointing news, via tradingeconomics.com

Industrial Production in India increased 3.20 percent in May of 2018 over the same month in the previous year (previous 4.9%)
Manufacturing Production in India increased 2.80 percent in May of 2018 over the same month in the previous year (previous 5.2%)

A_Gupta

Bloomberg reports: The Rupee’s Top Forecaster Is Going Against the Crowd https://www.bloomberg.com/news/articles/2018-07-11/top-rupee-forecaster-sees-currency-strength-in-contrarian-call The Indian rupee’s top forecaster is going against the crowd. The currency will strengthen by the year-end, Emira...

A_Gupta

2008 article. http://davidfrum.com/article/history-lesson Lesson for India here? Can India offer its neighborhood "security on favorable terms"? The grumbling will be inevitable, too. Madden’s core observation is that security is a precious and highly desired resource, and when one society...

A_Gupta

NITI Aayog guys think that:
View: India's economy is poised for revival in investment cycle

Read more at:
http://economictimes.indiatimes.com/art ... 952193.cms

A_Gupta

If you look for an inheritance tree, you will find a tree; but a tree is only a model. Multiregional theory of human origins in Africa: https://www.theatlantic.com/science/archive/2018/07/the-new-story-of-humanitys-origins/564779/ Perhaps the same is true for the Indo-European languages. This can be...

A_Gupta

Among other things, the U.S. is asking China to roll back its “Made-in-China 2025” program, a signature Xi initiative to dominate several strategic industries, such as semiconductors to aerospace development. https://www.bloomberg.com/news/articles/2018-07-11/trump-s-tariff-barrage-pushes-china-fig...

A_Gupta

Bloomberg opinion:
https://www.bloomberg.com/view/articles ... hina-rises
As China Steps Up, Japan Isn’t Stepping Aside

Tokyo’s government and the private sector are reasserting influence in Asia and beyond.

A_Gupta

https://timesofindia.indiatimes.com/ind ... 945214.cms
Nepal, India to expedite Raxaul-Kathmandu rail project

A_Gupta

https://www.newyorker.com/news/news-desk/israeli-saudi-and-emirati-officials-privately-pushed-for-trump-to-strike-a-grand-bargain-with-putin Israeli, Saudi, and Emirati Officials Privately Pushed for Trump to Strike a “Grand Bargain” with Putin Officials from the three countries have repeatedly enco...

A_Gupta

The Samsung India press release: https://news.samsung.com/in/make-for-in ... da-factory

IBEF (India Brand Equity Foundation) brief on Samsung India (PDF file)
https://www.ibef.org/download/Samsung.pdf

A_Gupta

Bloomberg reports:
https://www.bloomberg.com/news/articles ... n-distress

The decline in coal imports by India’s power plants points to distress in an increasing number of generators and a domestic supply shortfall.

A_Gupta

The true maps of Israel/Palestine (lots of maps on this page) https://www.newyorker.com/news/news-desk/the-map-of-israeli-settlements-that-shocked-barack-obama The Maps of Israeli Settlements That Shocked Barack Obama {short story - there is no viable 2-state solution left} One afternoon in the spri...

A_Gupta

"President Moon Jae-in's trip seeks to turn India into 'next China' for South Korea: Official" https://www.straitstimes.com/asia/east-asia/president-moon-jae-ins-trip-seeks-to-turn-india-into-next-china-for-south-korea NEW DELHI - South Korean President Moon Jae-in's trip to India will hel...

A_Gupta

Doesn’t matter who wins in Pakistan; LeT will continue unmolested; Chinese tentacles will not be unwound; support for the Taliban will not diminish.

A_Gupta

Trump is tariffing capital and intermediate goods, thus hurting America's downstream producers; while China, Canada are tariffing final goods, thus not disrupting their own production supply chains.
https://www.nytimes.com/2018/07/07/opin ... e-war.html

A_Gupta

Does anyone have the numbers for India gross capital formation as a fraction of GDP, post 2016? Note: I have these figures for before and upto 2016. Note: I have recent gross capital formation absolute numbers in nominal rupees upto the first quarter of 2018. The problem with simply taking the ratio...

A_Gupta

Bank loan growth YoY was above 12% for the last reporting period (upto 22 June). Via tradingeconomics.com (notice the y-axis begins at 4%): https://1.bp.blogspot.com/-CWR-akZr2BQ/Wz9UhWsUTdI/AAAAAAAAGtw/DHLnaYmiHDMFRoF7qgxq_Dhp2GEs4H-igCLcBGAs/s1600/India-Bank-Loan-Growth-YoY.png We can hope this is...

A_Gupta

From 2015: https://www.theguardian.com/science/2015/jul/24/archaeologists-find-possible-evidence-of-earliest-human-agriculture Israeli archaeologists have uncovered dramatic evidence of what they believe are the earliest known attempts at agriculture, 11,000 years before the generally recognised adv...

A_Gupta

The 2006 paper by R. Premathilake, "The emergence of early agriculture in the Horton Plains, central Sri Lanka: linked to late Pleistocene and early Holocene climatic changes" seems to have been pretty much ignored, if one goes by the number of citations this paper has received. We should...

A_Gupta

The 2006 paper by R. Premathilake, "The emergence of early agriculture in the Horton Plains, central Sri Lanka: linked to late Pleistocene and early Holocene climatic changes" seems to have been pretty much ignored, if one goes by the number of citations this paper has received. We should ...

A_Gupta

The Nikkei India services Purchasing Managers' Index, or PMI, rebounded to 52.6 in June from 49.6 in May, marking the sharpest rate of expansion in a year.

https://asia.nikkei.com/Business/Market ... ly-in-June

A_Gupta

India's infrastructure output rose 3.6 percent year-on-year in May 2018, following a downwardly revised 4.6 percent increase in April. Production growth slowed for steel (0.5 percent vs 3.8 percent), coal (12.1 percent vs 16.0 percent) and cement (5.2 percent vs 16.5 percent), while output fell for ...

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