Search found 270 matches

by Uttam
13 Apr 2019 18:38
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Data request: Where can I find data on the rate of increase in available workforce and rate of change in productivity in India?
by Uttam
04 Apr 2019 20:20
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

From Shaktikanta to Shaktimaan: Guv just gave India 11 big shots in the arm * RBI will form a committee to assess the state of mortgage securitisation market in India. * Banks will be permitted to reckon an additional 2% of government securities within the mandatory statutory liquidity ratio (SLR) ...
by Uttam
22 Mar 2019 21:14
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Modi govt exceeds disinvestment target for FY19 as receipts hit Rs 85,000 crore he government on Friday said that it has exceeded the divestment target for FY19 by Rs 5,000 crore as the receipts have touched projected Rs 85,000 crore. “As against a target of Rs 80,000 crore for disinvestment for th...
by Uttam
01 Mar 2019 19:41
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

I think the following new is misleading. My explanation below. Experts can chime in! GST collection drops to Rs 97,247 crore in February GST collections in February dropped to Rs 97,247 crore in February from Rs 1.02 lakh crore in the previous month, the Finance Ministry said Friday. Why misleading?...
by Uttam
28 Feb 2019 19:54
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

This explains why there was an urgency to reduce interest rates. I hope they make another cut soon.

India’s GDP growth slows to five-quarter low of 6.6 per cent in Q3
by Uttam
27 Feb 2019 20:31
Forum: Military Issues Archive
Topic: Indian Forces Strikes Pakistan Terrorist Camps
Replies: 2210
Views: 128092

Re: Indian Forces Strikes Pakistan Terrorist Camps

I am a newbie on this forum, so please pardon my ignorance. Let's take a step back and examine what was the objective of striking the terror camp. It was to inflict asymmetric damage to the enemy in response to the attack on our security personals. That objective is fully achieved. Adv India India s...
by Uttam
26 Feb 2019 01:20
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 3245
Views: 439924

Re: Indian Railways Thread (Dec 2015)

disha wrote:^URL for the above needs to be fixed, link to actual article https://www.mynation.com/news/6-ways-indian-railways-modi-fied-last-5-years-pnhe3x


Thank You!
by Uttam
25 Feb 2019 21:01
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 3245
Views: 439924

Re: Indian Railways Thread (Dec 2015)

6 ways in which Indian Railways was Modi-fied in last 5 years

I know the title is what some people will consider political, but the achievements listed are exceptional. The two that stand out are rate of electrification and drop in accidents due to unmanned crossings. Very uplifting.
by Uttam
22 Feb 2019 02:08
Forum: Technology & Economic Forum
Topic: Oil & Natural Gas: News & Discussion
Replies: 1462
Views: 199703

Re: Oil & Natural Gas: News & Discussion

Very interesting development in the Oil and Gas exploration industry.

Producers get pricing freedom in govt's new rules for oil, gas exploration
by Uttam
12 Feb 2019 20:46
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Retail inflation dips further to 2.05% in January, lowest in 19 months Industrial production jumped to 2.4 per cent in December, 2018 from 0.5 per cent in November, 2018 A solid evidence in support of the latest Monetary policy. This in addition to strengthening INR leaves even more room for rate c...
by Uttam
01 Feb 2019 22:01
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

From what I have read so far, it seems the benefit is only to those earnings less than 5 lakhs. I would love to be proved wrong!
by Uttam
01 Feb 2019 21:05
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

This would be highly unusual. This goes against the very nature of a progressive taxation system. I am certain that this would not be the case. If you earn Rs 500,001, then you will be liable to 5% rate only on the Rs 1 and not the entire amount. May be I am wrong: Union Budget 2019: Income tax reb...
by Uttam
01 Feb 2019 21:01
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Yes. In fact if you have taxable income of 5000001/- you will pay full tax with 5% rate. I re-checked Budget speech. PG was quite clear on this is "rebate" and existing slabs will continue. This means only one thing - tweak in sec 87A. This would be highly unusual. This goes against the v...
by Uttam
31 Jan 2019 20:31
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Good news. But it needs explanation. 0.5% change is too big to be ignored. Can somebody look at these numbers more carefully and explain why such a big revision. Government revises FY18 GDP growth to 7.2% from 6.7% earlier The government Thursday revised the economic growth rate upwards to 7.2 per c...
by Uttam
30 Jan 2019 02:19
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Though small, it is still an improvement. I'll take it! India improves its ranking on global corruption index in 2018: Study India has improved its ranking on a global corruption index in 2018, while its neighbour China lagged far behind, according to the annual index released by an anti-graft watch...
by Uttam
12 Dec 2018 21:05
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

I don't think this is the right time to cut interest rate. The US Federal reserve is about to raise interest rates. That will see some outflow of capital, resulting in a weaker INR. A rate cut in India will further encourage capital outflow, further putting downward pressure on INR. OPEC production ...
by Uttam
12 Dec 2018 20:30
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Some good news on the economy: Inflation down to 2.33% and IIP up to 8.1% Retail inflation for November has fallen to a sixteenth month low of 2.33 per cent against 3.31 per cent in October on back of low food an fuel prices. IIP for October has risen to 8.1% from 4.5 % of September with the boost p...
by Uttam
10 Dec 2018 22:22
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

I don't think Urjit Patel's resignation is an unexpected event. Given the disagreement between RBI and Govt., this was very much expected. Now, who should be the new governor? What should be the role of RBI for an emerging economy that needs a lot of growth to increase living standards for more than...
by Uttam
04 Dec 2018 19:59
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

There is something seriously wrong with the way RBI is measuring and using data to form monetary policy. It is not just MoF Jaitley who is complaining, even some in RBI are pointing to the same. First: Their inflation measurement is messed up, leading them to overestimate inflation: Inflation data q...
by Uttam
02 Nov 2018 20:52
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

UPI transactions have taken off!

Image
by Uttam
02 Nov 2018 20:44
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Bunch of news. IMSME reform. https://swarajyamag.com/insta/msmes-gets-the-modi-touch-twelve-big-bang-reforms-announced-to-boost-the-sector This one needs more elaboration. 1 Approving loans in just 59 minutes, with a sealing cap of Rs 1 crore. 2 Interest rate for GST registered MSME to be 2 per cen...
by Uttam
01 Nov 2018 03:14
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

I agree. I’m optimistic about 2019 ranking.
by Uttam
01 Nov 2018 00:27
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Here are the questionnaires for: Resolving Insolvency The insolvency procedure asks questions about creditor rights and borrower rights. Given that the IBC was still being reformed during the observation period, I am not surprised the survey did not capture much improvement. Paying Taxes This questi...
by Uttam
31 Oct 2018 23:13
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Great summary, Uttam. I was going to mention state vs federal items in that list of measurables, but you've covered that already. The 'paying taxes', 'enforcing contracts' and 'resolving insolvency' articles are curious. Generally if they metric doesn't make sense under the circumstances, I'm going...
by Uttam
31 Oct 2018 20:37
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

2019 2018 Ease of Doing Business Rank 77 100 Starting a Business 137 156 Dealing with Construction Permits 52 181 Getting Electricity 24 29 Registering Property 166 154 Getting Credit 22 29 Protecting Minority Investors 7 4 Paying Taxes 121 119 Trading across Borders 80 146 Enforcing Contracts 163 ...
by Uttam
25 Oct 2018 18:55
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

My Opinion : Insolvency and Bankruptcy Code, 2016 is proving to be the biggest reform India has seem since independence. The crony capitalism and the nefarious alliance between politician and capitalists has been the biggest bane for India. I am not saying every capitalist is/was like that, but mos...
by Uttam
23 Oct 2018 00:07
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

More on Personal Income Taxes and formalization of the economy: Number of taxpayers disclosing income over ₹1 cr rises 60% in 3 years: CBDT Less than 100 tax payers — all companies — made for more than one fifth of the income tax paid during the assessment year 2017-18 i.e. fiscal year 2016-17. Mean...
by Uttam
22 Oct 2018 22:16
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Here is an article with many useful data (but very deceptive headline): Number of Taxpayers goes up by 70%, collections down by 34% in April-August period – interesting details here E-returns filed by individual taxpayers grew 70% annually to 5.4 crore in the April-August period of the current finan...
by Uttam
09 Oct 2018 23:29
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Image

BTW, INR is not only one facing headwind. This is more or less accross the board in emerging markets.
by Uttam
04 Oct 2018 00:37
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

The balance of payment problem as well as INR depreciation will get worse if the government tries to manage Petrol prices by changing its taxation. Since we import 81% of our crude oil need, a reduction in it's price will only lead to more demand for it. This will further deteriorate BOP and depress...
by Uttam
14 Aug 2018 19:08
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Why Rs falling? What do we have to do with Turkish drama? fundamentals are not that bad. Most investors are portfolio investors, i.e. they invest in a basket of assets rather than a particular asset. For example, most investors chose to invest an Emerging Markets Portfolio rather selecting Turkey o...
by Uttam
10 Aug 2018 20:41
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Just to add to the above post. The Government is trying to decouple the economy from international crude prices. But the fact that India depends on imports for 80% of crude is coming in the way. The following is a small step in the right direction: PM Modi targets Rs 12,000 crore saving in oil impor...
by Uttam
10 Aug 2018 20:37
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Good News. Momentum is building. Industrial production growth climbs back to 7%; June IIP highest in four months I believe the biggest challenge right now is Oil prices. INR seems to have a negative correlation with Crude Prices. My guess is because the portfolio investors still do not have faith in...
by Uttam
31 Jul 2018 19:35
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

India's target of 111 mn toilets in 5 yrs brings windfall for companies This is perhaps the most important development for the nation. Other nations fought the war against open defecation about a 100 years ago. They saw rapid development after they won this war. Open defecation is one of the leadin...
by Uttam
31 Jul 2018 19:22
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Infrastructure output growth hits seven-month high of 6.7% in June Growth of eight core sectors expanded to 7-month high of 6.7 per cent in June due to better performance by cement, refinery and coal segments, as per official data released on Tuesday. The eight sectors, which also include fertilise...
by Uttam
19 May 2018 21:58
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Claim: "Every $10 increase in the price of a barrel knocks 0.2% to 0.3% off India's growth rate, according to the country's latest economic survey. " From CNN: http://money.cnn.com/2018/05/18/news/economy/oil-prices-india-saudi-arabia/index.html One should be very careful in establishing ...
by Uttam
04 May 2018 21:07
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2969
Views: 507552

Re: Indian Economy News & Discussion - Nov 27 2017

Here is a news article in support of the view that Demonitization was a lot more than just capturing Black Money or removing the fake currency note. It was a lot to do with formalization of the economy.

Big winners from India's cash clampdown are private bankers
by Uttam
17 Apr 2018 23:04
Forum: Mil-Tech Archive
Topic: Tejas Mk.1 & Mk.1A News & Discussions: 09 February 2018
Replies: 3910
Views: 843161

Re: Tejas Mk.1 & Mk.1A News & Discussions: 09 February 2018

Singha wrote:night ops by tejas
watch with full sound

https://twitter.com/IAF_MCC/status/984451477182734343


From the video:

Tejas Stationary at 0.32 sec
Tejas in the air at 0.55 sec
by Uttam
14 Apr 2018 00:33
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1522
Views: 215938

Re: India's Power Sector

Uttam, when you have factual data which you are posting to counter another poster's argument, why do you need to speculate about their motives or "agenda"? Refrain from doing that henceforth. You are already countering their argument. That is enough. Same goes for everyone else. Thank you...

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