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by A_Gupta
16 Jun 2018 02:47
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

tradingeconomics.com reports: India's trade deficit widened to USD 14.62 billion in May 2018 from USD 13.84 billion in the same period of the previous year, and above market consensus of a USD 14.23 billion gap. Imports rose 14.85 percent to USD 43.48 billion, mainly due to a 50 percent surge in oil...
by A_Gupta
15 Jun 2018 17:24
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

Look at this: https://www.business-standard.com/article/companies/the-macroeconomic-scene-has-deteriorated-says-naresh-takkar-md-icra-118061401216_1.html The macroeconomic scene has deteriorated, says Naresh Takkar, MD ICRA Shiver in your dhotis! Then read the article, I'm excerpting phrases below: ...
by A_Gupta
14 Jun 2018 22:15
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

Latest macroeconomic indicators from tradingeconomics.com Wholesale prices in India rose by 4.43 percent year-on-year in May of 2018, after a 3.18 percent gain in the prior month and above market estimates of 3.76 percent. It is the highest wholesale inflation since March 2017, driven by faster rise...
by A_Gupta
13 Jun 2018 21:02
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

India's current account deficit widened sharply to USD 13.0 billion in the fourth quarter of 2017-18, or 1.9 percent of GDP, from USD 2.6 billion, or 0.4 percent of GDP, in the same period of the previous fiscal year.

from tradingeconomics.com
by A_Gupta
12 Jun 2018 19:59
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

trading economics.com reports: India's industrial output grew 4.9 percent year-on-year in April 2018, following an upwardly revised 4.6 percent advance in the previous month and missing market expectations of 5.2 percent. Manufacturing production rose at a faster 5.2 percent (vs 4.7 percent in March...
by A_Gupta
12 Jun 2018 17:26
Forum: Strategic Issues & International Relations Forum
Topic: India - South & North Korea Thread
Replies: 1334
Views: 118576

Re: India - South & North Korea Thread

The reality of American racism makes Ombaba getting the Nobel Prize just for getting elected quite appropriate.
by A_Gupta
11 Jun 2018 09:06
Forum: Strategic Issues & International Relations Forum
Topic: Understanding the US- Again
Replies: 612
Views: 57154

Re: Understanding the US- Again

Canada's "weak and dishonest" sultan Bin Trudeau claims that because "Canadians stood shoulder to shoulder with Americans" in WW1 onwards, they should not get tariffs. Er.... I think many more Indians died or were disabled in WW 1, WW2, Korea etc fighting alongside the Bhestern ...
by A_Gupta
11 Jun 2018 08:19
Forum: Technology & Economic Forum
Topic: Mass Rapid Transit in India
Replies: 1465
Views: 112994

Re: Mass Rapid Transit in India

Solving the wrong problem with heavy trains and carriages?
Get past the NYC-specific beginning of
https://www.theatlantic.com/technology/ ... ir/562472/
by A_Gupta
09 Jun 2018 05:07
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

A story that got it right on the Tamil Nadu Micro, Small and Medium Enterprises. http://knnindia.co.in/news/newsdetails/state/tamil-nadus-msme-sector-witnesses-a-dip-in-employment-generation Tamil Nadu's Rural Industries Minister P Benjamin has made a revelation that the employment generation in Mic...
by A_Gupta
09 Jun 2018 01:01
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

Per trading economics.com, the YoY Deposit Growth for May was 8.5% (compared to the previous 7.6%), the YoY Bank Loan Growth for May was 13.1% (compared to the previous 12.6%).

from: https://tradingeconomics.com/india/calendar
by A_Gupta
08 Jun 2018 17:57
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

MSME slump in Tamil Nadu http://www.thehindu.com/news/national/tamil-nadu/what-revival-close-to-50000-units-shut-shop-in-past-year/article24107824.ece PS: Then the analytical mind kicks in. Number of MSME. Number of employees. Employees/unit 2016-2017 267,310 1,897,619 7.09 2017-2018 217,981 1,378,5...
by A_Gupta
08 Jun 2018 17:14
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

“India’s 10-year bond yield rose above 8 percent for the first time since May 2015 as concern deepened that higher oil prices will fuel inflation and widen the government’s budget deficit.“ https://www.bloomberg.com/news/articles/2018-06-08/india-10-year-yield-climbs-past-8-for-first-time-since-may-...
by A_Gupta
08 Jun 2018 17:11
Forum: Technology & Economic Forum
Topic: PRC Economy - New Reflections : April 20 2015
Replies: 1033
Views: 88574

Re: PRC Economy - New Reflections : April 20 2015

https://www.bloomberg.com/view/articles ... king-about
For all the talk of China’s mountain of debt, defaults and deleveraging, there’s a chasm nobody is talking about.
by A_Gupta
07 Jun 2018 23:26
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

We only observe that action may be avoided on the basis of the impugned circular dated 12.2.2018 issued by respondent no.2-Reserve Bank of India addressed to all Scheduled Commercial Banks and All-India Financial Institutions, against members of the petitioners association, subject to condition tha...
by A_Gupta
07 Jun 2018 22:13
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

Date of Decision - 31/5/2018 Court Number - Chief Justice's Court Judgment Type - Interlocutory Non AFR Coram - Hon'ble Dilip B. Bhosale,Chief Justice and Hon'ble Suneet Kumar,J. Petitioner's Counsels - Ashish Mishra Respondent's Counsel - A.S.G.I. and Sanjay Kumar Om WRIT - C No. - 18170 of 2018 at...
by A_Gupta
07 Jun 2018 02:32
Forum: Technology & Economic Forum
Topic: Perspectives on the global economic changes
Replies: 4034
Views: 176049

Re: Perspectives on the global economic changes

Raghuram Rajan: "“The world is not prepared for the entity at the center of the global financial and monetary order and trade order turning around and saying I don’t believe in all of this, I want to change things. Now the system has been built by the U.S. around the U.S. and now the U.S. actu...
by A_Gupta
06 Jun 2018 17:27
Forum: Strategic Issues & International Relations Forum
Topic: Understanding the US- Again
Replies: 612
Views: 57154

Re: Understanding the US- Again

WTO judges are appointed by consensus. The US is refusing to agree to any new appointments; and sooner or later WTO won’t have the required quorum of judges. https://www.voanews.com/a/wto-being-asphyxiated-says-judge-in-veiled-rebuke-to-us/4413678.html The Geneva-based World Trade Organization, foun...
by A_Gupta
06 Jun 2018 17:08
Forum: Strategic Issues & International Relations Forum
Topic: Out-of-India - From Theory to Truth: Part 2
Replies: 4959
Views: 279548

Re: Out-of-India - From Theory to Truth: Part 2

ADNA took off in the 1990s (the first paper was in 1984). First human aDNA was 1993, but contamination issues (not a big problem with non human aDNA) resulted in human aDNA studies taking off only in 2005. ASI couldn’t have been refusing for 50 years. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC427...
by A_Gupta
06 Jun 2018 16:56
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

The Reserve Bank of India raised its benchmark policy repo rate by 25bps to 6.25 percent on June 6th 2018 while markets expected no changes. It is the first hike in borrowing costs since January of 2014, mentioning upside risks to inflation that include higher oil prices and uncertainty in global fi...
by A_Gupta
06 Jun 2018 08:50
Forum: Technology & Economic Forum
Topic: Perspectives on the global economic changes
Replies: 4034
Views: 176049

Re: Perspectives on the global economic changes

Raghuram Rajan: "“The world is not prepared for the entity at the center of the global financial and monetary order and trade order turning around and saying I don’t believe in all of this, I want to change things. Now the system has been built by the U.S. around the U.S. and now the U.S. actua...
by A_Gupta
06 Jun 2018 08:11
Forum: Strategic Issues & International Relations Forum
Topic: Understanding the US- Again
Replies: 612
Views: 57154

Re: Understanding the US- Again

https://www.theatlantic.com/politics/archive/2018/06/which-america-is-trump-celebrating/562127/ In 1867, Gorman was elected president of the National Association of Base Ball Players, one of the sport’s first governing bodies. Gorman’s installation, the Ball Player’s Chronicle, was an effort to demo...
by A_Gupta
05 Jun 2018 16:21
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

The Nikkei Services PMI in India dropped to 49.6 in May of 2018 from 51.4 in the previous month and marking the first month of contraction in the sector since February. New order broadly stagnated while jobs growth slowed to the weakest since last December. On the price front, input cost inflation p...
by A_Gupta
04 Jun 2018 23:49
Forum: Strategic Issues & International Relations Forum
Topic: Understanding the US- Again
Replies: 612
Views: 57154

Re: Understanding the US- Again

https://www.dailykos.com/stories/2018/6/4/1769265/-The-power-that-Trump-is-claiming-overturns-centuries-of-law The power that Trump is claiming overturns centuries of law In 1616, Chief Justice Edward Coke ruled that a command by King James that went against English law, was invalid, saying "In...
by A_Gupta
04 Jun 2018 22:52
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

Indian lenders are raising interest rates even before any central bank action as the strongest loan demand in four years amid weak deposit growth pressures funding costs. State Bank of India, ICICI Bank Ltd. and Punjab National Bank are among the nation’s biggest banks that increased their benchmar...
by A_Gupta
04 Jun 2018 22:46
Forum: Strategic Issues & International Relations Forum
Topic: Out-of-India - From Theory to Truth: Part 2
Replies: 4959
Views: 279548

Re: Out-of-India - From Theory to Truth: Part 2

^^^ The chariot is a lookalike of the ones found in its contemporary cultures like Mesopotamia, it is a solid wheel with no spokes. Also , coffins: There are eight burial pits – which have skeletons, beads, pottery, chariot, sword, torch. These are wooden decomposed coffins with copper decorations t...
by A_Gupta
03 Jun 2018 20:50
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

Rural India is helping to revive the country's economy https://www.thenational.ae/business/economy/rural-india-is-helping-to-revive-the-country-s-economy-1.736265 “A normal monsoon in 2018 and benign interest rates would support growth, together with the government’s thrust on rural and infrastructu...
by A_Gupta
02 Jun 2018 18:58
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

On the GVA deflator quest: Learned the concept of "chained dollar" versus "constant dollar". In the constant dollar, a fixed basket of goods is priced each year to figure out how this year's dollar compares with the base year. The problem is that what is actually bought and sold ...
by A_Gupta
01 Jun 2018 22:53
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

^^^ If you can help point me, I'll be happy to try. Here's an October 2017 article complaining about the GVA deflator. https://www.livemint.com/Opinion/F6IsyPD0eTcSEM5Fb0ZAYK/Indias-GDP-Deflating-the-right-way.html PS: and a September 2017 article complaining about the GVA deflator. https://www.theh...
by A_Gupta
01 Jun 2018 22:43
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

:) The complaint is being revived again, that the Gross Value Add deflator is all wrong, and so the 7.7% growth rate is wrong and overstated, etc., etc., etc. E.g., this press note from MOSPI http://www.mospi.gov.in/sites/default/files/press_release/nad_PR_31may18.pdf At current prices the GDP growt...
by A_Gupta
01 Jun 2018 18:07
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

Complaint about the Gross Value Add deflator used to compute the GDP (2016)
https://www.livemint.com/Opinion/58qihT ... ot-71.html
by A_Gupta
01 Jun 2018 15:56
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

India's fiscal deficit narrowed to INR 1.52 trillion in April of 2018 from INR 2.06 trillion in the same period of the previous fiscal year. April 2018 is the first month of the new 2018-2019 fiscal year. The budget gap was equivalent to 24.3 percent of the government’s target for the whole financia...
by A_Gupta
01 Jun 2018 15:54
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

The Nikkei Manufacturing PMI in India fell to 51.2 in May of 2018 from 51.6 in the preceding month and missing market consensus of 51.5.

https://tradingeconomics.com/india/manufacturing-pmi
by A_Gupta
01 Jun 2018 02:46
Forum: Strategic Issues & International Relations Forum
Topic: Understanding the US- Again
Replies: 612
Views: 57154

Re: Understanding the US- Again

http://fortune.com/2018/05/31/trump-mercedes-benz-german-car-ban/ President Donald Trump is hoping to effectively ban sales of Mercedes-Benz, Audi, and other German cars, according to reports from a German magazine. A report in WirtschaftsWoche cites unnamed diplomatic sources who say Trump told Fre...
by A_Gupta
31 May 2018 17:37
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

The Gross Domestic Product (GDP) in India expanded 7.70 percent in the first quarter of 2018 over the same quarter of the previous year.
per https://tradingeconomics.com/india/gdp-growth-annual
by A_Gupta
31 May 2018 17:28
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

tradingeconomics.com reports:
https://tradingeconomics.com/india/construction-output
Construction output in India increased 4.70 percent in April of 2018 over the same month in the previous year.
by A_Gupta
30 May 2018 18:19
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1558
Views: 223546

Re: Indian Economy News & Discussion - Nov 27 2017

More from Bloomberg - 20 million women have dropped out of the workforce because of safety concerns, per Bloomberg's article:
https://www.bloomberg.com/news/articles ... -workforce

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