Search found 7746 matches

by Suraj
20 Jul 2018 14:18
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

The Fugitive Economic Offenders ordinance has been upgraded to a proper act with the bill passing in LS: Is this passed as a "Money Bill"? Or else the whole move can be scuttled at the Rajya Sabha. Most likely this bill has taken the "money bill" route ;). No, it passes through ...
by Suraj
19 Jul 2018 23:26
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2432
Views: 278176

Re: Indian Railways Thread (Dec 2015)

These two freight corridors will change the way India transports goods India is all set to get its first publicly owned freight corridors on August 15. According to the Make-in-India report of 2017, three million tonnes of freight is transported through rail tracks daily. Moving freight by rail is ...
by Suraj
19 Jul 2018 23:17
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

The Fugitive Economic Offenders ordinance has been upgraded to a proper act with the bill passing in LS: Lok Sabha passes Fugitive Economic Offenders Bill aimed to curb Vijay Mallya like cases The Fugitive Economic Offenders Bill aimed at preventing culprits from evading the legal process and fleein...
by Suraj
19 Jul 2018 02:18
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

Add to it money received through FDI and foreign portfolio investment, we therefore have a net surplus in our total foreign transactions, which is also the reason behind our large forex reserves. Now we do devalue our currency but only to remain competitive with our peers. That is listed under capi...
by Suraj
18 Jul 2018 22:00
Forum: Technology & Economic Forum
Topic: Indian Sports and Entertainment Industry
Replies: 4320
Views: 299310

Re: Indian Sports and Entertainment Industry

Yes, Neeraj is in that zone where his normal performance is good enough to win Asian and commonwealth titles (which he already holds) and assorted European ones like this, probably medal at world level, but not enough to get world level gold yet . He only threw 85m at CWG but still won by several me...
by Suraj
18 Jul 2018 01:37
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

If you include inward remittances, we might actually see a current account surplus in 2018-19. So the rupee will rise? Why is it falling now? The rupee isn't freely convertible on both the current and capital accounts - just the former. Further, short term volatility is spot demand and sentiment dr...
by Suraj
17 Jul 2018 19:04
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

Mod Note: Please be careful about posting opinion pieces from newly founded startups with an agenda. ThePrint is simply a new editorial venture of Shekhar Gupta. No further discussion on the antecedents of the source, and no further references to them, please. Bloomberg articles can be quoted direct...
by Suraj
16 Jul 2018 06:35
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

Both goods and services trade remains robust in July reporting. The goods trade data is for June, while services data is for May: India’s Good Exports Increase By 17 Per Cent In June India’s exports have increased by 17.57 per cent to $27.7 billion in June, Deccan Herald has reported. However, trade...
by Suraj
15 Jul 2018 22:33
Forum: Technology & Economic Forum
Topic: Indian Sports and Entertainment Industry
Replies: 4320
Views: 299310

Re: Indian Sports and Entertainment Industry

Sindhu has lost. This is the 7th final she has lost. Both she and coaching staff looks confused on what to do. This time she attacked but was dogged by inaccuracy. It's been my contention since before Rio 2016 that she needs a mindset reboot when it comes to playing finals. She's going to be an ete...
by Suraj
15 Jul 2018 11:24
Forum: Technology & Economic Forum
Topic: Indian Sports and Entertainment Industry
Replies: 4320
Views: 299310

Re: Indian Sports and Entertainment Industry

Neeraj Chopra's world junior record breaking performance in the 2016 U20 world championship javelin throw is even more stark today, since the latest winner threw 75m. Chopra threw 86.48m to win 2 years ago. Too bad we don't have any more young javelin throwers capable of close to 80m, because there ...
by Suraj
14 Jul 2018 22:21
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

They aren’t anywhere close to useful to a business trying to sell particular goods. Saudi Arabia having a larger GDP than some Baltic state does not imply they’re a bigger vodka market, for example . Any businessperson with sense would look solely at the potential to sell their own wares profitably ...
by Suraj
14 Jul 2018 20:41
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

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...
by Suraj
14 Jul 2018 20:30
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

Nope, I am agreeing with Yensoy that PPP is meaningless to corporate CEO or businessman because it has no relationship to the purchasing power of the population. No more, no less. Of course it's meaningless. The entire statement is meaningless because you're talking about two different things anywa...
by Suraj
14 Jul 2018 05:53
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

But Yensoy is right in that PPP is really meaningless to global corporations. It might make sense for local planning. But in the end, you use pure sales figures over any gross national produce numbers anyways. You're making the same mistake yensoy is. PPP is not a measure that's applied to corporat...
by Suraj
13 Jul 2018 22:28
Forum: Technology & Economic Forum
Topic: Indian Sports and Entertainment Industry
Replies: 4320
Views: 299310

Re: Indian Sports and Entertainment Industry

I thought the black girl would win easily, around the bend. Then Ms Das engages the afterburners of the Tumansky turbojets on her Foxbat and finishes 5m ahead of the pack 8)
by Suraj
13 Jul 2018 20:43
Forum: Technology & Economic Forum
Topic: Indian Sports and Entertainment Industry
Replies: 4320
Views: 299310

Re: Indian Sports and Entertainment Industry

Glad to see everyone talking about Hima Das. I saw the news yesterday but was too busy to post about. She doesn't look like some scrawny SDRE either - tough and powerful, accelerating out of the final bend to win by a mile. Until 2016 we had no gold medalists at the U20 athletics world championships...
by Suraj
13 Jul 2018 12:15
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

When a company sets up a plant in India, they look for their net profit. If 10M$ investment is going to earn 1M$ in India, and the same investment earns 2M$ in USA, they will go for the latter, despite "PPP". This is obvious. This argument does not , in any way , deal with PPP. Conflating...
by Suraj
13 Jul 2018 09:02
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

The hamburger and other items are - as far as I know - representative examples of methodology . They don’t literally count the number of burgers sold , though there’s another popular index called the Big Mac Index . Those who actually maintain the PPP measures have a significant task to normalize pr...
by Suraj
13 Jul 2018 03:50
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

There's no such thing as civilian and military basket of goods for PPP. The value of industrial output from a MIC also counts as part of GDP regardless of whether it's absolute dollar or PPP figure, or else Soviet Union wouldn't have had much of an economy. When the economy produces a range of goods...
by Suraj
13 Jul 2018 00:34
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

This also tells us why it is so important to produce locally. We can maintain a much larger and powerful force for the same money, if majority of the items are produced locally. Some cutting edge tech you import, while produce in large quantity the bread and butter stuff. Cannot stress how importan...
by Suraj
12 Jul 2018 22:31
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

Sigh, every few months, this thread goes off tangent into the nominal GDP vs PPP GDP argument. In my own opinion, this is a symptom of the general dislike of the fact that our nominal GDP is still in the same group as a bunch of Euro countries, whereas in PPP terms we are far ahead. The argument tha...
by Suraj
12 Jul 2018 20:13
Forum: Technology & Economic Forum
Topic: Civil Aviation Development & Discussion
Replies: 4391
Views: 305831

Re: Civil Aviation Development & Discussion

Data for DEL indicates that the bulk of the volume growth is domestic traffic. 2010 Total 28M Domestic: 19M Intl: 9M 2017: Total: 66M Domestic: 48M Intl: 18M Domestic traffic will continue to push DEL up into the 80M+ behemoth category by ~2020 , as people get richer but IR doesn’t have the sort of ...
by Suraj
12 Jul 2018 09:30
Forum: Technology & Economic Forum
Topic: Civil Aviation Development & Discussion
Replies: 4391
Views: 305831

Re: Civil Aviation Development & Discussion

I believe yensoy is referring to the fact that most westward flights from Delhi overfly the Pakistani airspace and if they deny permissions for these flights, it would affect these flights in and out of Delhi. Even if it were to happen, don't think the affect would be as drastic as yensoy fears. Ye...
by Suraj
12 Jul 2018 08:16
Forum: Technology & Economic Forum
Topic: Civil Aviation Development & Discussion
Replies: 4391
Views: 305831

Re: Civil Aviation Development & Discussion

Yensoy: I know you have your heart in the right place, so here’s a suggestion - look up and collect all the information about the Navi Mumbai airport , including the status of work updated in the past year, and post it here . Even better, be the expert on the topic here, who’s constantly keeping up ...
by Suraj
11 Jul 2018 22:44
Forum: Strategic Issues & International Relations Forum
Topic: Pakistani Economic Stress Watch
Replies: 1879
Views: 207286

Re: Pakistani Economic Stress Watch

Posting in the aviation thread led me to look up TSP commercial aviation data. Annual passenger movement 2016-17 fiscal year: Karachi: 6.8M Islamabad: 5.0M Lahore: 4.8M That's all ?? They have no airports in the top 100 in Asia. Karachi's numbers won't even get into the top 10 in India. The combined...
by Suraj
11 Jul 2018 22:25
Forum: Technology & Economic Forum
Topic: Civil Aviation Development & Discussion
Replies: 4391
Views: 305831

Re: Civil Aviation Development & Discussion

DEL airport has grown into a monster in terms of passenger traffic really quickly. When T3 was built in 2010, they were a medium size airport in global terms, with 25M passengers a year, or thereabouts. Last fiscal year, it was 66M and this year it will probably be 75M, which would probably put it b...
by Suraj
11 Jul 2018 22:15
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

Yes. That's why I prefer to look at PPP GDP instead of nominal GDP data. On any given day we could be 5th, 6th or 7th largest economy depending on where the Rupee, Euro or Pound is.
by Suraj
11 Jul 2018 13:06
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

The article is wrong in this claim: For decades, India remained stubbornly in the top spot, a reflection of its huge population and its enduring struggle against poverty. India had the most number of extremely poor, between 1999 and 2016. Before 1999, China held that position pretty much since the 1...
by Suraj
10 Jul 2018 16:56
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

Largest mobile manufacturing facility globally setting up in India Slowly, step by step we are moving in right direction. Is it mere screw driver technology or is there a significant locally sourced parts content to this phone manufacturing facility??. Don’t derail this thread with Banditji-level q...
by Suraj
10 Jul 2018 00:21
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2432
Views: 278176

Re: Indian Railways Thread (Dec 2015)

Singha wrote:is train-18 and 20 going to be have a separate loco or have powered bogies like EMU?

All public articles so far indicate they - at least Train 18 that's due to roll out by September - will be EMU designs.
by Suraj
09 Jul 2018 23:33
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

Even more signs of growing economic momentum: India Inc to post 12.8% revenue growth in Q1; highest in three years India Inc will deliver the highest quarterly revenue growth in three years at 12.8 per cent in the April-June period, but high oil prices will narrow profit margins by 0.20 per cent, a ...
by Suraj
06 Jul 2018 19:45
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

You will have to find the CSO official GDP report for each fiscal year, released on May 31 after that year, eg for 2017-18 was released May 31 2018 .
by Suraj
06 Jul 2018 01:48
Forum: Strategic Issues & International Relations Forum
Topic: Indo-UK News & Discussions- June 2017
Replies: 1406
Views: 158115

Re: Indo-UK News & Discussions- June 2017

Vijay Mallya’s wings clipped: UK Court allows seizure of UK assets in a big win for Indian banks In a big setback for former liquor-baron Vijay Mallya, a UK High Court judge has issued an enforcement order granting permission to seize his properties in Hertfordshire, near London, PTI reported. The ...
by Suraj
05 Jul 2018 22:55
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2432
Views: 278176

Re: Indian Railways Thread (Dec 2015)

Considering it's DDM we are talking about here, I'm not sure the interview has been printed verbatim.
by Suraj
05 Jul 2018 11:48
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 700
Views: 86565

Re: GST - Discussion on all aspects.

The article itself states that 1% of the companies pay 80% of the taxes under GST . The unregistered small traders fall beneath the 99% who pay the remaining 20%. If the reverse charge is applied then those who buy from unregistered entities will either demand lower prices in order to pay the tax, o...
by Suraj
05 Jul 2018 09:30
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 700
Views: 86565

Re: GST - Discussion on all aspects.

Err, why not find the article, and explain why you think it's a step back ?

The reason why I ask this is that we'd like to discourage people from asking leading questions with no references or effort to explain their own point of view.
by Suraj
04 Jul 2018 22:23
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

Rs 3.8 trillion from 70 accounts need NCLT resolution by September: Report Nearly 70 large accounts with exposure worth Rs 3.8 trillion will require resolution under the Reserve Bank's revised framework by September, warns a report. These accounts are mainly from the power, engineering, procurement...
by Suraj
04 Jul 2018 04:17
Forum: Strategic Issues & International Relations Forum
Topic: India-US relations: News and Discussions IV
Replies: 1521
Views: 183943

Re: India-US relations: News and Discussions IV

Mod Note:

Thread has been cleaned up.

CRamS, Neshant: you're both on notice.
by Suraj
04 Jul 2018 01:09
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

This is a good move. The government needed to account for the rapid formalization of the economy post DeMo and GST: GDP, retail inflation base years to be changed to 2017-18 and 2018 The government will change the base year for calculation of GDP and retail inflation to 2017-18 and 2018 respectively...
by Suraj
03 Jul 2018 05:31
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1761
Views: 257708

Re: Indian Economy News & Discussion - Nov 27 2017

Shanmukh, I suggest you read the original article to understand why it's not worth their time to do so.

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