Search found 243 matches

by Uttam
23 Oct 2018 00:07
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2210
Views: 344787

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: 2210
Views: 344787

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: 2210
Views: 344787

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: 2210
Views: 344787

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: 2210
Views: 344787

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: 2210
Views: 344787

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: 2210
Views: 344787

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: 2210
Views: 344787

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: 2210
Views: 344787

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: 2210
Views: 344787

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: 2210
Views: 344787

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: Military Issues & History Forum
Topic: Tejas Mk.1 & Mk.1A News & Discussions: 09 February 2018
Replies: 2648
Views: 533526

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: 1500
Views: 199766

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...
by Uttam
13 Apr 2018 19:11
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1500
Views: 199766

Re: India's Power Sector

Price of energy is normalized over a period of time taking into account low and high generation due to seasonal or daily changes over 24 hours. Solar and wind when normailzed are not as cost effective as hydro, thermal or nuclear, but are cheap and fast to setup and that is their only advantage. Wh...
by Uttam
12 Apr 2018 23:24
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1500
Views: 199766

Re: India's Power Sector

Offshore capacity factor is close to 60%. I don’t buy that if coming from wind turbine manufacturers. It is probably off by a factor 2 and is probably closer to 30% max. How does it matter to the consumer as long as the power supplied is at a competitive price as compared to other sources. Right no...
by Uttam
05 Apr 2018 20:12
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2210
Views: 344787

Re: Indian Economy News & Discussion - Nov 27 2017

RBI keeps key policy rate unchanged at 6%, lowers FY19 inflation projection Five of six members on the monetary policy committee (MPC) voted for a hold, while one wanted a hike in the repo rate The Reserve Bank of India kept its policy rates on hold on Thursday and retained its "neutral" ...
by Uttam
15 Mar 2018 20:25
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2210
Views: 344787

Re: Indian Economy News & Discussion - Nov 27 2017

Here is Worldbank'sIndia Development Update

It has a tonne of data and econometric analysis useful in understanding the progress India has made in last few years. Most of the data ends in 2016.
by Uttam
13 Mar 2018 19:08
Forum: Technology & Economic Forum
Topic: Indian Autos Thread -2
Replies: 433
Views: 51286

Re: Indian Autos Thread -2

ppl need to be incentivised to buy EV perhaps with a full or partial waiver of taxes which add upto to a lot in india I am in full support of EVs but we have to look at govt finances more closely before taxation is changed. Currently, fuel tax provides a larger amount to the govt. Reducing tax on E...
by Uttam
03 Mar 2018 20:31
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2210
Views: 344787

Re: Indian Economy News & Discussion - Nov 27 2017

The election results in the 3 states in the Northeast are an important data point for Indian Economy. 1) The good performance of BJP and allies in states where there is a Christian majority is an indicator that BJP has come a long way in finding board support. 2) It is a also indicator that the poli...
by Uttam
01 Mar 2018 23:56
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2210
Views: 344787

Re: Indian Economy News & Discussion - Nov 27 2017

There is no way to prevent NPA. There will always be NPA. All this effort to fix NPA may cause hard to get loans. Banks would become risk averse. The problem is not whether there will be NPAs or not. By the the more appropriate term is "Bad Loans". The problem is who pays for the bad loan...
by Uttam
01 Mar 2018 00:16
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2210
Views: 344787

Re: Indian Economy News & Discussion - Nov 27 2017

This is a great News for the infrastructure sector in India. This kind of monetization is extremely important for India as it releases upfront funds for new infrastructure. Macquarie wins road projects under TOT for Rs 9,682 crore NEW DELHI: In a big boost to government’s asset monetisation programm...
by Uttam
28 Feb 2018 01:57
Forum: Military Issues & History Forum
Topic: Tejas Mk.1 & Mk.1A News & Discussions: 09 February 2018
Replies: 2648
Views: 533526

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

^^ Hot refuelling picture with engine intake covered and engine shut down. No hot air flow on tail pipe either! :lol: Mango log key liyay chalta hai. The LCA has auxiliary intakes on the side of the primary intake that probably can provide enough airflow at idle power. See the 2 HAL guys on the lef...
by Uttam
28 Feb 2018 01:50
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2210
Views: 344787

Re: Indian Economy News & Discussion - Nov 27 2017

I don't know much about Raj and MP but rural MH had fall in cattle sell (I come from semi rural area in MH), because there was lot of agrarian stress sell in 2013-2015 due to drought. Last 2 years there is reduced cattle sell as most farmers are not selling due to good grass feed availability. Howe...
by Uttam
27 Feb 2018 00:25
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2210
Views: 344787

Re: Indian Economy News & Discussion - Nov 27 2017

Lot of good things happened - DBT saving a lot of money - Coal/Mining/Telecom auctions fetching funds for Govt. - Increase in FDI - Lower Oil biils Results: Lower Debt/Deficit Still Economy looks and feels bad. Does anyone have a finger on the pulse of the economy to explain in layman's terms. Is i...
by Uttam
24 Feb 2018 01:30
Forum: Strategic Issues & International Relations Forum
Topic: Terroristan - 4th Jan 2018
Replies: 2862
Views: 221892

Re: Terroristan - 4th Jan 2018

However, Reuters is now saying this: Global watchdog to put Pakistan back on terrorist financing watchlist: sources https://www.reuters.com/article/us-pakistan-militants-financing/global-watchdog-to-put-pakistan-back-on-terrorist-financing-watchlist-sources-idUSKCN1G70X7 Same is being independently...
by Uttam
22 Feb 2018 03:34
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1500
Views: 199766

Re: India's Power Sector

Nuclear and LNG for the base load, then solar + wind for peak load. Nuclear for base load is good but not LNG. In fact, most plants run on gas are used for peak load. Natural gas based plants for a base load is a very recent phenomenon because the prices of all petroleum products fell. It may not s...
by Uttam
20 Feb 2018 22:53
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1500
Views: 199766

Re: India's Power Sector

Thermal power plants also get water almost free. I wonder by how much will the price of thermal electricity change once we start accounting for the cost of fresh water. Given the rapid decline in availability of fresh water in India, this is another big problem with the thermal power plants.
by Uttam
11 Dec 2017 21:46
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2537
Views: 306884

Re: Indian Railways Thread (Dec 2015)

$3 billion project to speed up Del-Mum, Del-Kol route to 160 kmph being sent for cabinet approval. Should be seen in context of DFC along same routes freeing up passenger traffic. https://www.ndtv.com/india-news/delhi-kolkata-delhi-mumbai-rail-routes-to-be-fenced-for-high-speed-run-1786315 Is incre...
by Uttam
10 Dec 2017 19:19
Forum: Technology & Economic Forum
Topic: Civil Aviation Development & Discussion
Replies: 4611
Views: 336384

Re: Civil Aviation Development & Discussion

NCR greater noida airport is happening. it will be first metro with 2 large airports. blr is building both a new terminal and runway together. capacity is maxed today at 20mil. When I compare Bangalore and Delhi T3 with other international airports in the West, I find Bangalore and Delhi terminals ...
by Uttam
21 Nov 2017 19:57
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 490410

Re: Indian Economy News & Discussion - Aug 26 2015

First solid evidence of how Sovereign Rating upgrade is going to help the economy: The Moody's effect: RIL raises $800 mn at lowest rate ever for 10-yr bonds The bonds were priced at 3.66%, the lowest coupon ever achieved by an Indian corporate for a 10-year issuance, says RIL This is just 130 basis...
by Uttam
17 Nov 2017 21:51
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 490410

Re: Indian Economy News & Discussion - Aug 26 2015

Moody upgrades India's sovereign ratings from Baa3 to Baa2, is this really a big deal? Some perspective can be had from looking Moody's rating for nations in sorted order (click on rating's up/down arrow) from this Wikipedia Link: https://en.wikipedia.org/wiki/List_of_countries_by_credit_rating#Moo...
by Uttam
17 Nov 2017 21:44
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 490410

Re: Indian Economy News & Discussion - Aug 26 2015

Here is the list of other nations in Baa2 and Baa3: Country GDP (in billions) Moody's rating South Africa 314.6 Baa2 Philippines 284.8 Baa2 St. Maarten 1.5 Baa2 Colombia 292.1 Baa2 Panama 52.1 Baa2 Uruguay 53.4 Baa2 Bulgaria 12.9 Baa2 Italy 1821.5 Baa2 Spain 1199.1 Baa2 Namibia 11.5 Baa3 India 2095....
by Uttam
17 Nov 2017 20:02
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 490410

Re: Indian Economy News & Discussion - Aug 26 2015

Finance Minister Arun Jaitley Press Conference On Moody's Upgradation Of India's Rating: Highlights https://www.ndtv.com/india-news/finance-minister-arun-jaitley-press-conference-on-moodys-upgradation-of-indias-rating-highlights-1776649?browserpush=true This is a BIGGGG f******* deal!!! Though long...
by Uttam
20 Oct 2017 19:30
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 490410

Re: Indian Economy News & Discussion - Aug 26 2015

JayS wrote:At the time when Indian economy is at its nadir due to Demonetization and GST, Hero Sold 3 lakh units in single dayon Diwali. Highest ever, A record. LOL..


Add to that the Fuel consumption in India grew by 10% in September, an all time record!!
by Uttam
23 Sep 2017 00:13
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2537
Views: 306884

Re: Indian Railways Thread (Dec 2015)

Also the falling prices of electricity from all sources: solar -> because of falling panel prices and improving tech. wind -> No more feed-in-tariff, plus the advent or 4 - 8 MW rated turbines that work at low / medium wind speeds coal -> increased domestic production and drop in import hydro -> (al...
by Uttam
22 Sep 2017 08:11
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 490410

Re: Indian Economy News & Discussion - Aug 26 2015

Thank you! Please help add more stats to it.
by Uttam
22 Sep 2017 01:26
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 490410

Re: Indian Economy News & Discussion - Aug 26 2015

So what is causing a slowdown in India. Here is my list of whats going on: 1) High real interest rate . The monthly CPI has averaged about 2.7% whereas the REPO rate has been above 6% during this period. What makes it worse is that the difference between commercial loans and inflation is even higher...
by Uttam
08 Sep 2017 23:49
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 490410

Re: Indian Economy News & Discussion - Aug 26 2015

Raghuram Rajan is stating the obvious. But look at what NaMo inherited: 1. A system where the cost of land is way way higher than any comparable economy of similar income per capital. 2. Probably the worst labor laws among Asian countries. 3. A financial system that's bankrupt. 4. A non functioning...
by Uttam
19 Jul 2017 00:50
Forum: Strategic Issues & International Relations Forum
Topic: India Nuclear News and Discussion 4 July 2011
Replies: 4290
Views: 173708

Re: India Nuclear News and Discussion 4 July 2011

First Australian Uranium shipment is on its way to India NEW DELHI: The first ever shipment of uranium from Australia -- having world's biggest reserves of yellow cake -- is on its way to India elevating strategic partnership to a new level, informed visiting foreign minister Julie Bishop. She also...
by Uttam
12 Jun 2017 20:58
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 490410

Re: Indian Economy News & Discussion - Aug 26 2015

India's retail inflation eases to lowest since 2012

This drop in inflation is concerning. I wonder if RBI is getting too cautious.

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