Bharat Rakshak

mukkan

India don't export much high value/margin products. https://tradingeconomics.com/india/exports http://www.worldstopexports.com/indias-top-10-exports/ IT service may be the only high value exports India have now, bringing about $137B in 2019. You can also see it is only $44B in domestic revenue. GOI ...

mukkan

India should have something like "Made in China 2025" policy that will favor local high technology industry. China had heavily invested in last 5 years in semiconductor fab, infact majority of investment in new fabs happened in China. USITC paper on Made in China 2025 China's policies. Chi...

mukkan

Instead of encouraging indigenous industry by giving incentives,time and opportunity to grow, GOI always take the easy path of allowing MNCs to grow in India. It doesn't matter if it is BJP or INC. Both does the same. Even if there is some data protection law (I am not sure how much it will be enfor...

mukkan

Temples could be managed by trust independent of government controls. Shri Ram Janmabhoomi Teerth Kshetra maybe a good starting point. To give a short answer why BJP is not interested in freeing up government control could be two reasons. First it doesn't translate into votes. Temple control issue i...

mukkan

Detailed analysis of Padmanabhaswamy Temple SC judgement by one of the lawyers who argued for the case. This case has impact on all the temples. Even after 6 years, BJP government has not done anything yet to free Hindu temples from government control. BJP needs to bring legislation to free Hindu te...

mukkan

Xposted from economy news site as political discussion is banned in that thread. same concern by Swarjyamag about sellout to Google that I raised earlier. A nice article https://swarajyamag.com/business/there-is-a-very-good-reason-to-be-circumspect-about-googles-10-billion-commitment-to-india Did In...

mukkan

5G announcements maybe related to openRAN based solutions they developed. Oommen said that the time ripe for India and US to work together to get into leveraging the disaggregation of hardware and software, and open interface and OpenRAN to create an ecosystem of scale and adoption. "...cloud i...

mukkan

Not much details other than below from announcement. Is it network mgmt solutions like those from Ericsson/Nokia/Huawei that Jio is claiming to have developed? Jio has developed a complete 5G solution from scratch , this will enable us to launch a world-class 5G service in India . This will be ready...

mukkan

By opposition to privatization of trivandrum airport, I meant sale to Adani group was opposed. Exactly for the reason you mentioned, their preferred company may also help in easy gold smuggling. Even California with several times more international traffic than Kerala, has only two big international...

mukkan

Kerala has 4 international airports each 200km apart. This is cater to each regional mafia. Trivandrum airport privatization was opposed recently may be for the same reason of gold mafia.

mukkan

6 years already gone, when is BJP coming up with legislation to free up hindu temples from government controls! This case took 9 years to reach a judgment. ------------------------------------------------------------------------------------------------------------------------------- SC’s Padmanabhas...

mukkan

Did India indirectly sell its data today to Google for $10B investment promise instead of trying to grow its own tech industry? Another selloff by short sighted government. https://economictimes.indiatimes.com/tech/internet/inside-googles-new-india-blueprint/articleshow/76940126.cms?utm_source=ETTop...

mukkan

Movie industry may be the only industry in Kerala. It is mostly used to convert black to white. For a small state of Kerala, 192 movies were released in 2019. Only 23 earned back the money. Among the 23 movies that earned back the money, only 7 movies could collect it from the box office. The produc...

mukkan

Tendering process of picking the lowest bidder also created emphasis on reducing cost, often cutting quality. I agree India may be the only country not having economic nationalism. Samsung is an extension of Korean government, all the well known Japanese auto and electronic companies got huge assist...

mukkan

Like China, if GOI encourages homemade apps and discourages foreign apps by tax policies and other measures, this money spent by Indian entities will stay with Indians. Indian Entities Spent $1.6 Billion On Facebook And Google Ads In 2018-19 Read more at: https://www.bloombergquint.com/business/indi...

mukkan

India also needs to do something like US is planning for semiconductor industry. The CHIPS for America Act bill would secure $22 billion to promote more U.S.-based semiconductor manufacturing. The CHIPS for America Act has lofty goals as are the commitments made to industry players. Here’s a brief b...

mukkan

Completely agree. I had to create this thread as political discussion was banned in the economy news thread. Politics, economics and history are all linked and in some cases intertwined. So to discuss things in isolation leads to "six blind men of Hindoostan" Of missing the forest for the ...

mukkan

Will there be another stimulus? Govt may be working on a plan? https://economictimes.indiatimes.com/news/economy/policy/india-plans-to-raise-2-7-billion-selling-stakes-in-two-firms/articleshow/76871835.cms India is considering a plan to raise as much as Rs 20,000 crores ($2.7 billion) by selling sta...

mukkan

We cannot have a practical discussion of economics without discussing the politics. Starting a new thread to discuss economic news and politics around the economic policies. There is another politics thread but aim of this thread to discuss only those related to economic impact and policies. The Pol...

mukkan

Long overdue

Army asks soldiers, officers to delete Facebook and Instagram, uninstall 80 apps

http://timesofindia.indiatimes.com/arti ... aign=cppst

mukkan

Agree completely, they hire non Chinese also. After shutting shop in US, some of Chinese employees go to China to continue the effort. Actually out of personal experience - CCP authorized companies (big ones that you are aware of) are smarter, they not only hire Chinese/origin students but additiona...

mukkan

Chinese investment in US startups https://image.cnbcfm.com/api/v1/image/106367368-158049411049720200131chineseinvestmentintheus.png?v=1580494142&w=630&h=354 It will be hard to get too many people to relocate to India. Even people with India origin have too much sunk cost and other family com...

mukkan

I was trying the just launched SM app Elyments, couldn't get pass the OTP. Looks like scalability issue they didn't plan for. Cost for supporting response in milliseconds for millions of active connection goes up exponentially. Hope to see atleast one app developed from India succeed. It will be mor...

mukkan

Covid-19 safety guidelines mandatory for a year in Kerala; Rs10K fine for not wearing masks. 1) Wearing of mask/ face cover: All persons shall cover their mouth and nose with the mask / face covers in all public places, work places, all kinds of vehicles and during transport. 2) Social Distancing: ...

mukkan

Zoho's story is inspirational for many tech entrepreneurs but not for outside investors. He bootstrapped the company and took 20+ years. It is not a practical path for non tech business barrons to invest. Developing tech products takes lot of investment. Even in US, maybe only 1 in 1000 are successf...

mukkan

Developing tech products takes lot of investment. Even in US, maybe only 1 in 1000 are successful. But that one successful will make up for the loss in 999 failed ones. There is only very limited opportunity in India to recoup any investment developing tech products. There is no IPO markets for tech...

mukkan

GOI had competition for videoconferencing products in May and selected 3 startups. https://meitystartuphub.in/updates/news Innovation Challenge for Development of Video Conferencing Solution Following applicants have been selected for final stage (Product stage) and will be supported with Rs. 20 Lak...

mukkan

I believe more the GOI make noise of the border situation, more China will be happy. This could be China's effort to scare any investment coming to India to move manufacturing from China. If India is also perceived to be unstable, the golden opportunity India got to grab some of the manufacturing fr...

mukkan

GOI is turning blind eye to US based SM companies. They will become more harmful in future. Even linkedin is exposed about the same thing tiktok did. @DonCubed LinkedIn is copying the contents of my clipboard every keystroke. IOS 14 allows users to see each paste notification. I’m on an IPad Pro and...

mukkan

Cost difference will be big. US may be able to afford the extra cost. Indian telcos providing dirt cheap and lowest price data may not able to afford. Europe's 5G to cost $62 billion more if Chinese vendors banned: telcos https://www.reuters.com/article/us-huawei-europe-gsma/europes-5g-to-cost-62-bi...

mukkan

mukkan

Gilead prices COVID-19 drug remdesivir at $2,340 per patient

https://www.reuters.com/article/us-heal ... SKBN2401C8

mukkan

Nobody is asking for ban, but more to break the monopoly power they have and not become propaganda tools for one side.

mukkan

GOI should break the Facebook monopoly in SM if they have to operate in India. FB, Whatsapp, Instagram combination is big monopoly. Modi shouldn't invite these CEO and give hugs. Last time Twitter CEO insulted the Indian PM by his body language and disrespectful attire and posture for an official me...

mukkan

vijayk wrote:Quick question

I am working with a couple of folks on a wearable device. We have a prelim design but looking for some company to build prototypes and build final product.

Is there a company in India that can do?

check https://www.vvdntech.com/ there may be other smaller and bigger players

mukkan

How will the apps be banned for users? The ban notification is expected to be followed by instructions to Internet service providers to stop access to these apps. So users are soon likely to see a message saying access to the apps have been restricted on the request of the government. However, whil...

mukkan

Is 2 lakh crore number true because GOI later corrected that it repaid only 3500 crores? https://i0.wp.com/factly.in/wp-content/uploads//2019/02/Oil-Bonds-Rajya-Sabha-answer.png https://thelogicalindian.com/fact-check/government-oil-bonds/ Petrol price issue is bad optics for GOI. Below image from I...

mukkan

I agree with all the below and most of forum members can understand the complex economics behind this. But nobody from govt or BJP is articulating well that can convince common man. Petrol price issue is bad optics for GOI. Below image from INC is becoming viral hit in whatsapp. https://twitter.com/...

mukkan

Petrol price issue is bad optics for GOI. Below image from INC is becoming viral hit in whatsapp.

https://twitter.com/geetv79/status/1272472839300345856

mukkan

Can someone explain how economic policies in a democracy can be discussed without discussing politics? Any economic policy is directly linked to politics. There is no implementation of economic policies without thinking of the political impact for the ruling party.

Search found 71 matches