Bharat Rakshak Forum Announcement

Hello Everyone,

A warm welcome back to the Bharat Rakshak Forum.

Important Notice: Due to a corruption in the BR forum database we regret to announce that data records relating to some of our registered users have been lost. We estimate approx. 500 user details are deleted.

To ease the process of recreating the user IDs we request members that have previously posted on the BR forums to recognise and identify their posts, once the posts are identified please contact the BRF moderator team by emailing BRF Mod Team with your post details.

The mod team will be able to update your username, email etc. so that the user history can be maintained.

Unfortunately for members that have never posted or have had all their posts deleted i.e. users that have 0 posts, we will be unable to recreate your account hence we request that you re-register again.

We apologise for any inconvenience caused and thank you for your understanding.

Regards,
Seetal

Search found 6518 matches

by Suraj
24 Mar 2017 02:30
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

Apple may start making iPhones in India over next two months Apple Inc. will soon start assembling iPhones in India for the first time, say government officials familiar with its plans, boosting the company’s chances of gaining a foothold in the fast-growing market. Taiwanese contract manufacturer ...
by Suraj
22 Mar 2017 13:25
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

80 per cent of informal economy will come under formal sector: J P Nadda More than 80 per cent of informal economic activities, especially in the retail sector, will be brought into formal economy through digitalisation and cash-less transactions, Union minister J P Nadda said today. It will increa...
by Suraj
22 Mar 2017 01:06
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7228
Views: 387942

Re: Currency Demonetisation and Future course of Indian Economy

Post Modi's UP victory, analysts sing a different tune on demonetisation Analysts at top brokerages are changing their tunes on the impact of demonetisation on the economy, including key parameters such as jobs. While the gross domestic product (GDP) data sowed seeds of doubt in the minds of naysay...
by Suraj
21 Mar 2017 02:01
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

Cabinet clears GST Bills Clearing the way for a July 1 roll-out, the Union Cabinet on Monday approved four Bills on a national goods and services tax (GST). The decision comes two working days after the GST Council cleared these — Central GST (CGST), Union Territory GST (UTGST), Integrated GST (IGS...
by Suraj
19 Mar 2017 12:41
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7228
Views: 387942

Re: Currency Demonetisation and Future course of Indian Economy

Imagine some of the BM amount showing up in valid JAM account holders 6 months prior to elections? :rotfl: :twisted: Modi is evil only. Reports say Rs 6000 Cr additional tax / levies / penalties collected due to note-bandi - not bad. That is Rs. 6000 per account holder for 1 Cr. JAM accounts!! I do...
by Suraj
18 Mar 2017 02:57
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

Modi govt gives big boost to gas production in India, clears CBM pricing, Lubrizol India stake sale In what will boost the gas production in the country, the cabinet committee on economic affairs (CCEA) on Wednesday approved the marketing and pricing freedom to coal bed methane (CBM) contractors to...
by Suraj
18 Mar 2017 02:31
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7228
Views: 387942

Re: Currency Demonetisation and Future course of Indian Economy

Raids against petrol pumps launched by Income-Tax department in pan-India black money crackdown With central government continuing the attempt to curb the flow of black money in the country, the Income Tax department has now started countrywide raids on petrol pump owners and LPG distributors. The ...
by Suraj
18 Mar 2017 00:34
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

GST has been delayed by one quarter to July 1 2017 now, from the earlier April 1 roll out. Mostly about getting all the states to read off the same script. This has been the most contentious piece of economic legislature in ages. Unlike say, the SEZ Act or power reforms etc, every state has to be on...
by Suraj
17 Mar 2017 20:23
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

Let's stick to the economic concerns in this thread. Relative demographics are not suitable for discussion here :)
by Suraj
17 Mar 2017 07:05
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

So why will our population continue to grow to 150 cr or 175 cr even after we achieved replacement TFR. Because the older end of the population doesn't die out sooner than the young begin to procreate as a result of both rising life expectancy and falling fertility rate. The population is essential...
by Suraj
17 Mar 2017 05:54
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

Not only are we likely to fall below 2.09 TFR by 2020, but the trend downwards is accelerating, considering we're falling near the bottom end of the low estimate and with 4 years of additional data to bridge the gap between 2.2 and 2.09 . That's a pretty impressive performance. Overall the urban num...
by Suraj
17 Mar 2017 01:10
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

X-post NFHS-4 (2015-2016) data released. TFR of India now at 2.2 (replacement level 2.1) All laggards have shown progress and are now almost near 2.1. That includes RJ, MP, CH. UP has shown impressive improvement at 2.7, JH moderate but still high. Bihar has shown the worst result and has the highe...
by Suraj
15 Mar 2017 13:23
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

GST is currently slated to go live in July. Council meeting to pave way for introduction of GST Bill in Parliament, assemblies The GST Council meeting on Thursday is crucial for the Bills on the new indirect tax regime coming up in the ongoing Budget session of Parliament. If state assemblies also p...
by Suraj
15 Mar 2017 07:19
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

A strong muni bond market has a direct relationship with the quality of urban infrastructure. Rather than cities depending upon the state (and thereby center) for a share of tax proceeds which the state will usually prioritize towards the hinterland for political reasons, bonds as a source of fundin...
by Suraj
11 Mar 2017 12:08
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

Gleanings from the UP poll result: * Demonetization hasn't hurt the government politically at all. Quite the contrary. It has enormously boosted faith in the central government's desire to do good, even if there's temporary pain. People aren't myopic enough to refuse to accept the temporary hurt. * ...
by Suraj
11 Mar 2017 12:02
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

Any funds from India will have the same or almost same rate of interest rate sir. Unless it is ECBs. That is External Commercial borrowings. Other projects are also funded extensively. I do not know any project not getting funds because the amount is big. Yes the rate of interest is higher than out...
by Suraj
11 Mar 2017 06:55
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

Who is funding large projects in India now? Indian banks only. There are problems in that. True. But not in funding as such. Just now Jio took/taking a loan of some 80k Cr loans. Who did organised it? Indian Banks only. The argument that we need large banks for large projects is not correct. We are...
by Suraj
10 Mar 2017 22:11
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

I don't know. Fewer the number of banks, greater the chance of US style bank cartelization (banksters in Neshant saar's terminology ;)), especially after they are privatised. The latter will happen at some point, the number of PSBs notwithstanding. Better to keep the variety, but privatise them slo...
by Suraj
10 Mar 2017 21:02
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

What ? If the above is going to indeed happen - then it will lead to too many branches of that one consolidated bank in the same road or same building even. But before all of these would happen - lots of bank employees would need to get retrenched. Financial Technologies are already making some ban...
by Suraj
10 Mar 2017 16:21
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

India already has a healthy private and foreign banking presence, and that's good enough. There's no plan on the cards to sell off major banks to MNCs. This is all about consolidation and scale. The only opposition to it comes from their bloated PSU employee payroll worried about retrenchment.
by Suraj
10 Mar 2017 15:03
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

That may be what they're saying, but GoI's planning something else - they're merging all the SBI entities into one: SBI merger with five associate banks from 1 April The associate banks are State Bank of Bikaner and Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Ban...
by Suraj
07 Mar 2017 04:45
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

Unlike past crop insurance schemes, PMFBY seems to be quite a hit: 30% of area sown under rabi crops gets PM insurance cover Key points: * Initial estimates show 16.4 million farmers opt for insurance under Pradhan Mantri Fasal Bima Yojana in this rabi season * Of the total cropped area of 64.5 mill...
by Suraj
07 Mar 2017 00:53
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

To me the impressive factor is the household coverage. a 2x increase in coverage amounting to almost 8 million new households in ONE year ? Keep in mind we have ~200 million total households, i.e. a ~5.5x multiplier to # of people. In one year the effective implementation of this kept 45 million rur...
by Suraj
06 Mar 2017 23:54
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

The report claims the reduction in unemployment is primarily due to MNREGA. Though good, not necessarily the best way. The report further noted that the decline was also explained by household demanded/allocated work under MGNREGA, which increased from 83 lakh households in October 2016 to 167 lakh...
by Suraj
06 Mar 2017 12:08
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7228
Views: 387942

Re: Currency Demonetisation and Future course of Indian Economy

discretionary spending by Indian middle class & lower middle has taken a huge hit after demo and esp in the India outside bangalore & delhi. The two growth hubs. Most shops in small towns and B-grade cities selling furniture, steel furniture, utensils, cupboards, crockery, kitchen & bat...
by Suraj
06 Mar 2017 07:51
Forum: Technology & Economic Forum
Topic: Perspectives on the global economic changes
Replies: 3736
Views: 73561

Re: Perspectives on the global economic changes

My problem with traditional metrics compared to stock market performance is that it doesn't account for capital flows between equity, debt and real estate. The bond market boom is done. We are on an interest rate up cycle, and therefore the stock market will keep getting that money, since the real ...
by Suraj
05 Mar 2017 06:00
Forum: Technology & Economic Forum
Topic: Perspectives on the global economic changes
Replies: 3736
Views: 73561

Re: Perspectives on the global economic changes

My problem with traditional metrics compared to stock market performance is that it doesn't account for capital flows between equity, debt and real estate. The bond market boom is done. We are on an interest rate up cycle, and therefore the stock market will keep getting that money, since the real e...
by Suraj
04 Mar 2017 00:37
Forum: Strategic Issues & International Relations Forum
Topic: India Media role in contempt and derision about India
Replies: 504
Views: 4854

Re: India Media role in contempt and derision about India

Anyway, all this to say that it is remarkable that Nobel-prize winning economists of the caliber of Amartya Sen apparently haven't bothered to think through comparative analysis of alternate election scenarios I would not give him the credit of being merely ignorant. That would in fact be an insult...
by Suraj
03 Mar 2017 20:13
Forum: Strategic Issues & International Relations Forum
Topic: India Media role in contempt and derision about India
Replies: 504
Views: 4854

Re: India Media role in contempt and derision about India

Well yes I don't plan to get into a debate with them, but I'd like BRFites to know the above. In our multiparty system, not only is winning a popular mandate tough, but absolutely no one has done it as a single party - not even someone winning almost 80% of the LS seats. These 'intellectuals' utiliz...
by Suraj
03 Mar 2017 05:08
Forum: Strategic Issues & International Relations Forum
Topic: India Media role in contempt and derision about India
Replies: 504
Views: 4854

Re: India Media role in contempt and derision about India

The whole "31% of voters voted for BJP onlee" whine is an interesting one. It presupposes that others have earned a popular mandate. The reality is this: No political party in India has EVER won a popular mandate. Not Nehru in 1951 Not Indira in 1971 Not the JD after emergency in 1977 Not ...
by Suraj
01 Mar 2017 04:58
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

That's difficult to answer. To put the question back to you, how much clarity do you think exists in production and sales data from the field ? For example a company that usually reports 10% growth reports 25% last quarter. How much of that is necessarily informal ? It's not easy to tell them apart ...
by Suraj
01 Mar 2017 03:56
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

Chinese number are gold, Indian numbers are fake! They reported 6.8% for Oct-Dec quarter. We were widely expected to lose the 'world's fastest growing major economy' tag due to DeMo. Turns out that didn't happen. India's strong GDP data leaves economists scratching their heads Annual gross domestic...
by Suraj
01 Mar 2017 01:41
Forum: Strategic Issues & International Relations Forum
Topic: India-US relations: News and Discussions III
Replies: 3568
Views: 253799

Re: India-US relations: News and Discussions III

Breaking news on WSJ: President Trump proposes cutting State Department budget by 37% to help pay for increased defense budget.
by Suraj
28 Feb 2017 21:44
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

GDP numbers are stable because economic base for reporting has increased - some parts of informal economy are now entering formal economy. Original formal economy base is growing at a slower pace but this data proves the shift. One of the stated aim of demonitisation is being realised. This will im...
by Suraj
24 Feb 2017 01:07
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7228
Views: 387942

Re: Currency Demonetisation and Future course of Indian Economy

I think the steady stream of negative news about the 2000 notes are a good thing. They reinforce in the eyes of black marketers that GoI simply does not intend to back the notes for a long time. They are supposedly thin and lack durability, the color supposedly runs, and more stuff that's mentioned ...
by Suraj
23 Feb 2017 01:55
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

Govt clears foreign investments worth Rs 12,200 crore An inter-ministerial body on Tuesday approved 15 foreign investment proposals, including those relating to Apollo Hospitals, Hindustan Aeronautics, Dr Reddy's, and Vodafone, worth Rs 12,200 crore. "15 of 24 FDI proposals were approved while...
by Suraj
23 Feb 2017 01:52
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7228
Views: 387942

Re: Currency Demonetisation and Future course of Indian Economy

The govt clearly has said that the focus is to remonitise using a smaller denomination. The whole idea of demo was to shift to a low denomination dominated system which will make cash transactions painful for large amount. No wonder these days I find 100 rs note is the king. This itself will force ...
by Suraj
19 Feb 2017 00:47
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 2709
Views: 139481

Re: Indian Economy News & Discussion - Aug 26 2015

??? Why does GST depend on which vehicle brought the goods in? A vertical network of businessmen can avoid paying GST collectively by claiming no credits and paying no tax. Such checks are used to catch people who do that. As seen in DeMo thread, there's no shortage of people who consider it their ...

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