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Search found 1407 matches

by hanumadu
03 Dec 2017 03:50
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 115
Views: 12971

Re: Indian Economy News & Discussion - Nov 27 2017

ET Infotech News‏Verified account @ETInfotechNews #India will be a $5-trillion economy by 2024 and size will grow to $10 trillion by 2030, says #RIL Chairman #MukeshAmbani (PTI) https://twitter.com/ETInfotechNews/status/936498748057731072 And predictably the Economist's Mumbai propagandist One Stan...
by hanumadu
28 Nov 2017 03:03
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7677
Views: 521415

Re: Currency Demonetisation and Future course of Indian Economy

http://www.moneycontrol.com/news/business/companies/mca-identifies-18-more-shell-cos-which-together-deposited-rs-10000-cr-cash-post-demo-2448641.html Dreamline Manpower Solution Private Limited, which deposited Rs 3166 crore :shock: , was in existence for just six years, before its name was struck ...
by hanumadu
23 Nov 2017 11:19
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

A day after Uday Kotak's comments, GoI does what he suggested: Cabinet okays changes to insolvency and bankruptcy code to block defaulters Unbelievable speed. Who would have thunk one day we would have a govt that would respond with such alacrity to suggestions made on the web. Dread to think what ...
by hanumadu
22 Nov 2017 02:29
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2076
Views: 184649

Re: Indian Railways Thread (Dec 2015)

Good coordination between Railways and Road ministries. https://economictimes.indiatimes.com/industry/transportation/railways/road-ministry-offers-indian-railways-right-of-way-for-bullet-train/articleshow/61584544.cms?utm_expid=.9mgylBgORSGl_UJ6lInckw.0&utm_referrer=https://www.google.co.in/&am...
by hanumadu
17 Nov 2017 11:50
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

In other news, it seems for the first time in a decade, India's ROI is greater than cost of capital. Private investment is expected to improve because of this.
by hanumadu
17 Nov 2017 05:31
Forum: Technology & Economic Forum
Topic: Indian IT Industry
Replies: 942
Views: 76277

Re: Indian IT Industry

I couldn't find the "Denied supercomputer, Angry India does it!" article, but found another piece from 1993. https://www.washingtonpost.com/archive/business/1993/03/19/cray-deal-a-casualty-of-atomic-weapon-fears/24f11e87-effe-4a2c-8976-d3d844cb4275/?utm_term=.0baa8f773ec4 Within three year...
by hanumadu
11 Nov 2017 21:21
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7677
Views: 521415

Re: Currency Demonetisation and Future course of Indian Economy

SandeepA wrote:The below info-graphic is in circulation about DeMo. Can someone help me refute this..i dont have sufficient data.


Terrorism is not just deaths like the graph tells. Stone throwing is also terrorism and definitely you don't hear about it as much now.
by hanumadu
10 Nov 2017 22:55
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 595
Views: 55064

Re: GST - Discussion on all aspects.

chetak wrote:This 28% GST on restaurants was a particularly unkind cut and it actually felt like both the state and central govts were your uninvited guests everytime you paid the bill at some decent hotel.


GST on restaurants was never 28%. The highest rate was 18%.
by hanumadu
10 Nov 2017 00:38
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7677
Views: 521415

Re: Currency Demonetisation and Future course of Indian Economy

There are plenty of real big time crooks, and their non-cash wealth in real estate, gold and other property is what GoI should hunt down. Such actions will show justice not just being done, but politically, "seeing as being done". My concern is this process should be done before the 2019 ...
by hanumadu
09 Nov 2017 21:43
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7677
Views: 521415

Re: Currency Demonetisation and Future course of Indian Economy

The shell company would have acted on behalf its 'clients' to deposit/launder money. The govt can shut down the company and go after the directors. But the money would now be with the clients. How to track all their clients and recover that money? I doubt the company maintained records or if the cl...
by hanumadu
09 Nov 2017 01:57
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7677
Views: 521415

Re: Currency Demonetisation and Future course of Indian Economy

The shell company would have acted on behalf its 'clients' to deposit/launder money. The govt can shut down the company and go after the directors. But the money would now be with the clients. How to track all their clients and recover that money? I doubt the company maintained records or if the cli...
by hanumadu
01 Nov 2017 14:21
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

hanumadu wrote:When will september quarter GDP figures come out?


November 30.
http://www.mospi.gov.in/national-account-statistics-releases-2017
by hanumadu
01 Nov 2017 14:18
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

When will september quarter GDP figures come out?
by hanumadu
01 Nov 2017 14:17
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

Suraj wrote:Starting business 156


I thought the process to start a business has been simplified. 156 is too high for something we hear being reformed continuously.
by hanumadu
27 Oct 2017 08:17
Forum: Technology & Economic Forum
Topic: Indian Autos Thread -2
Replies: 420
Views: 34177

Re: Indian Autos Thread -2

The total failure of Bolt and Zest is a disappointment. They were supposed to be the break out platforms for Tata. No. They were based on vista platform. Only Tiago was the first car based on their new design language with 100% ground up design. Not Vista platform but India platform. Even Tiago is ...
by hanumadu
26 Oct 2017 13:44
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

hanumadu, can you post the source link ? Got it from twitter. Will try to find a source for the figures. https://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!4 Go to the above link and drill down. I forgot what links I clicked, but before I could gather more information, the site froze. The sit...
by hanumadu
26 Oct 2017 12:08
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

Suraj wrote:hanumadu, can you post the source link ?


Got it from twitter. Will try to find a source for the figures.
by hanumadu
26 Oct 2017 05:06
Forum: Technology & Economic Forum
Topic: Indian Autos Thread -2
Replies: 420
Views: 34177

Re: Indian Autos Thread -2

The total failure of Bolt and Zest is a disappointment. They were supposed to be the break out platforms for Tata.
by hanumadu
25 Oct 2017 13:03
Forum: Technology & Economic Forum
Topic: Indian Autos Thread -2
Replies: 420
Views: 34177

Re: Indian Autos Thread -2

Tata is only now getting to the fit and finish of more established brands including Hyundai. It will be at least a few more models before they fully catch up.
by hanumadu
24 Oct 2017 19:38
Forum: Technology & Economic Forum
Topic: Indian Roads Thread
Replies: 2720
Views: 183824

Re: Indian Roads Thread

https://economictimes.indiatimes.com/news/economy/infrastructure/cabinet-approves-mega-rs-7-lakh-crore-project-to-develop-83000-km-highways-in-5-years/articleshow/61196485.cms Cabinet approves mega Rs 7-lakh crore project to develop 83,000 km highways in 5 years ^^65,000 crores were allocated for h...
by hanumadu
19 Oct 2017 10:29
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

If there is an inheritance tax it will not affect 99% of the people. It applies to wealth only after a certain limit. Most people would fall out of it. But that makes rumor mongers go spread all lies and spread chaos. why now? It should be one of the easiest rumours to squash. No body said change w...
by hanumadu
19 Oct 2017 00:17
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

If there is an inheritance tax it will not affect 99% of the people. It applies to wealth only after a certain limit. Most people would fall out of it.
by hanumadu
17 Oct 2017 12:24
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

GST is causing people's turnover to increase 10 fold. :mrgreen: Amit Phatak‏ @amphaa 4h4 hours ago More This ET Wealth query gives fair idea of level of under-reporting of numbers pre-GST. 10-fold increase in sales @Moneylifers @mihirssharma https://pbs.twimg.com/media/DMTx4VUVoAAk0gu.jpg:large
by hanumadu
16 Oct 2017 13:23
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

http://thetruepicture.in/gujarats-agricultural-story-the-modi-miracle/ Beautiful article on how Gujarat's crop yield rose 80% from 2000-2001 to present. Lots of stats and figures. Gujarat is largely a semi-arid to arid region. The success of Gujarat’s agricultural sector lies to a large extent in t...
by hanumadu
16 Oct 2017 01:09
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

http://www.morganstanley.com/ideas/digital-india?cid=sm_corp_TWITTER_MorganStanley_20171015&linkId=43488098 Now, a new report from Morgan Stanley Research finds that two major initiatives—digitizing its predominantly cash-based economy and reforming its archaic tax system—have the potential to ...
by hanumadu
15 Oct 2017 10:21
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

https://timesofindia.indiatimes.com/india/indian-economy-on-very-solid-track-imf-chief-lagarde/articleshow/61087189.cms "We have slightly downgraded India, but believe that the country is for the medium and long-term on a growth track that is much more solid as a result of the structural refor...
by hanumadu
15 Oct 2017 05:08
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2076
Views: 184649

Re: Indian Railways Thread (Dec 2015)

Not related to India but ....
by hanumadu
14 Oct 2017 09:33
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

All congis and commies have been quoting this report on SM for the last month or two inspite of many people pointing out the discrepancies. 1. The 2014 report ranked only 76 nations. India was 55 out of 76. 2. The 2017 report ranked 119 nations. 3. The scoring methodology changed in 2015, so even t...
by hanumadu
14 Oct 2017 08:47
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

India slips 3 notches to 100 on Global Hunger Index; trails N Korea, Iraq India has a ‘serious’ hunger problem at hand, with the country slipping three notches to 100 among 119 countries on the Global Hunger Index (GHI), 2017. This is worse than the likes of North Korea, Bangladesh, and Iraq, and b...
by hanumadu
14 Oct 2017 03:52
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

When a system is so corrupt and inefficient then money in private hands is far better than being in the hands of the public corrupt. Most of BM is just that money with unpaid taxes, not criminal. There is a systemic issue at play here. Blaming groups and individuals does not help. To what degree th...
by hanumadu
13 Oct 2017 03:43
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

http://www.financialexpress.com/economy/growth-speeds-up-as-industrial-production-rises-4-3-in-august/892084/ Double bonanza for economy: Macros improve as inflation down, factory output up The industrial production, which grew a meagre 1.2%, bearing the brunt of a dismal show of the manufacturing ...
by hanumadu
13 Oct 2017 03:31
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

While the weavers in Bhiwandi's and Ludhiana are suffering, the Bangladeshi perception is that Indian competitiveness in the US garment market has increased.http://www.thedailystar.net/business/india-fast-catching-bangladesh-1475272 Decade ago many Indian garment exporters shifted to BD. They might...
by hanumadu
11 Oct 2017 22:24
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1234
Views: 142110

Re: India's Power Sector

^^ There is a marked slowdown in Solar and Wind projects lately.Most of the reports by IEA and investment advisory firms go blindly by government announcements without taking into consideration the past track record and potential challenges. As usual the Power ministry baboons would have come up wi...
by hanumadu
11 Oct 2017 21:53
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7677
Views: 521415

Re: Currency Demonetisation and Future course of Indian Economy

Slowly our imports are now at about USD 384 Billion( yes oil prices play a part). But it will take a few years before we have set up to start make in India. Afterall factories and land acquisition, port infrastructure all take time. One key sector which was threatening to become even bigger compone...
by hanumadu
10 Oct 2017 01:06
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

And it is probably not an issue for 90% of Indians even now. The sticker shock is more acutely felt when you bill 1000 or 2000Rs, out of reach of most middle class folks. Most middle class folk don't eat out even once in a month. At least my family doesn't who live in a B town where prices are much...
by hanumadu
09 Oct 2017 21:42
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7677
Views: 521415

Re: Currency Demonetisation and Future course of Indian Economy

Economics nobel prize winner supported DeMo

Image
by hanumadu
09 Oct 2017 21:20
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

May be I am from a old generation, why is restaurant prices such a prime issue in the daily life of Indians? If someone feel the prices are high, don't go to restaurant. The owners will reduce prices once they see the sales are falling. Atleast in my generation, going to restaurant was not part of ...
by hanumadu
09 Oct 2017 02:08
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 406092

Re: Indian Economy News & Discussion - Aug 26 2015

https://blogs.economictimes.indiatimes.com/et-commentary/gdp-slowdown-despite-all-the-gloom-in-macroeconomic-terms-the-economy-is-remarkably-stable/ Brilliant article on why it is prudent to sacrifice growth in the short term for macro economic stability. Its too soon yet to start saying 'The sky i...
by hanumadu
08 Oct 2017 19:39
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7677
Views: 521415

Re: Currency Demonetisation and Future course of Indian Economy

https://www.cleanmoney.gov.in/?q=content/clean-money-analysis The info in the operation clean money portal is worth a read. It is the first time to my knowledge that GOI has put up such detailed data on the action against against high value deposits. Lengthy documents but worth a read (particularly...

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