Indian Interests_2

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g.sarkar
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Re: Indian Interests_2

Post by g.sarkar »

https://www.kitco.com/news/2023-04-10/B ... chase.html
India's central bank reports another gold purchase
Anna Golubova, April 10, 2023

The Reserve Bank of India followed in China's footsteps with another gold purchase in March, according to the World Gold Council (WGC).
India bought 3.5 tonnes of gold bullion last month, raising its Q1 total to 7.3 tonnes, said WGC's senior analyst Krishan Gopaul. The central bank now holds 794.6 tonnes of gold in its reserves.
"Looking at weekly data from the Reserve Bank of India, it shows that their #gold reserves rose by 3.5 tonnes in March. This lifts Q1'23 net purchases to 7.3 tonnes, and total gold reserves to 794.6 tonnes," Gopaul tweeted Monday.
This comes after the Reserve Bank of India bought 3.8 tonnes of gold in February. Last year, the central bank also added 33 tonnes, 57% lower than in 2021. This was in contrast to other emerging central banks like China and Turkey stepping up their annual buying, which led to new record levels of gold bought in 2022.
The India news also comes just days after the People's Bank of China reported an additional 18-tonne gold purchase in March, marking its fifth consecutive month of gold buying. China's total gold reserves are now at 2,068 tonnes.
The gold market continues to receive support from central banks, with January and February marking the strongest start to the year since at least 2010, the WGC said.
.....
Gautam
De-dollarization?
Cyrano
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Re: Indian Interests_2

Post by Cyrano »

Indian gold reserves held by the govt are a fraction of the gold held by Indian people and temples. Chinese govt reserves might be all they have. Good move by RBI.
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Re: Indian Interests_2

Post by RoyG »

Most of indias gold is held abroad. If you don't hold it, you don't own it.
g.sarkar
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Re: Indian Interests_2

Post by g.sarkar »

Cyrano wrote:Indian gold reserves held by the govt are a fraction of the gold held by Indian people and temples. Chinese govt reserves might be all they have. Good move by RBI.
Cyranoji,
Indian people do not hold gold, only Indian women do. And from the experience I have with my mother and sister, they will never give up what is in their possession. No way Jose.
Gautam
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Re: Indian Interests_2

Post by Cyrano »

Of course! Who is talking about giving up ? :)
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Re: Indian Interests_2

Post by bala »

This is a fascinating journey through the glorious Brain Farts of the British and Euros to come up with the impossible Aryan Invasion Theory. Dr M L Raja walks us through the Aryan Invasion Theory (AIT) is a wrong and baseless conjecture, without even a single evidence, but with evil and malevolent motive. In this lecture, its origin, spread, and motive will be discussed, together with the abundant literary, archaeological, and linguistic evidence, which prove that AIT is unscientific and a blatant lie. Further, the analytical study on Sarasvati River, Horse, Iron, War and Genetics also disproves AIT absolutely.



Apparently properah Brit George Uglow Pope learnt Tamil, its grammar, translation all in 3 years (please don't laugh at this genius learning so quickly). Similarly Robert Caldwell. Both these gents were hardcore missionaries. Now we know the entire Dravidian culture of the south and ergo its politicians/political parties.
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Re: Indian Interests_2

Post by Aditya_V »

g.sarkar wrote: Cyranoji,
Indian people do not hold gold, only Indian women do. And from the experience I have with my mother and sister, they will never give up what is in their possession. No way Jose.
Gautam
Jewellery held in India is an instant way show social status and wealth, it is the most uneconomic use of resources and a drain on foreign resources.
Cyrano
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Re: Indian Interests_2

Post by Cyrano »

Please look up how gold has sustained many millions of lower and middle middle class families through 2 years of covid impact. Exactly why it's hoarded by people. Making sentimental jewellery out of gold makes it off limits for lesser uses.

Talk to any state bank banker to get an idea of gold loans taken and for what purposes. Sending kinds abroad for studies is a major reason.

Also look up how the US confiscated gold from its own people to establish state currency dominance.

Then may be you can appreciate India's vast private gold holdings with a different perspective.
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Re: Indian Interests_2

Post by Aditya_V »

There are also millions of cases like me, where due Gold obsession of my mother, all the earnings of forefathers I.e property given with my father's father's were all.invested in Jewellery, due to state subsidy I could get a bachelor degree for Rs. 3k, I have compete in this world where parents spend many more times on education. House everything I have save , pay EMI's etc.

A very cunning relative. A widow managed to start a bike dealership while property given by Fathers Father to my father when he had an eye accident was used for buying Jewellery. Thus my inheritance was gone into something which till date I have seen.

There may be some positives, but I feel millions of households, Jewellery obsession is more prominent than education, property, shares etc. Jewelers make a killing in name of updated Jewellery.

Only in certain households where the men are strong or where the women are less selfish are gold loans allowed, say 5% of the population , that's still around 70 million people.
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Re: Indian Interests_2

Post by Cyrano »

Are you sure you are not unfortunate extrapolating personal experience to make a sweeping generalisation?

Gold is one of many investment avenues for Indians. But takes up a bigger part of portfolio than in the west.

Jewellery gold in India is 22 carats mostly, higher gold content than 18 carats used in the west. But there is some loss in making "making charges" therefore less efficient than gold in the form of coins and biscuits. If kept in a bank locker, you incur some keeping costs. Good to hold some % of gold as a long term low risk hedge to inflation. Indians are wary of investing in stocks and bonds. We dont like 401k type regulations.

If private gold holdings are to be reduced, you will need a larger welfare state, more bank lending against other types of collateral. Also recollect how people donated gold generously to the govt in time of war.

Overall, gold held by Indians is a form of wealth thats quite immune to global financial turmoils, and keeps our economy chugging when major catastrophic global events occur. Good for India's interests in general.

There was an article on gold posted in Indian Economy thread a while ago, might be worth digging up. We should continue there instead of clogging up this thread.
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Re: Indian Interests_2

Post by bala »

Chronology of Ancient Indian history as per Tamil Literature by Vedveer Arya,
Covers Agastya and the 3 tamil sangam periods. Please note that Indian chronology is based on Saka Era which maps to 583 BC and another era called Sakanta Era which maps to 78 AD. The later was introduced based on event of Sun, Moon and Jupiter appearing together in the sky which correlates to beginning of calendar from April 1, 78 AD. The mix up in similar sounding names, is a source of confusion. The marxists historians and those in Indian council of historical research never bothered to correct. Vedveer clears up the clutter beautifully. Even Gautama Buddha (around 1800 BC) and Adi Shankara (around 560 BC) are wrongly dated in wikipedia. Please refer to the confusion about two Buddhas by Stephen Knapp. The VijayaNagar empire also is little older than current thinking in wikipedia. BTW wikipedia continues to perpetuate the colonialist viewpoint.



So Tamil was created by Sanskrit scholar Agastya, like how Java was created from C++ in computer languages.
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Re: Indian Interests_2

Post by Hriday »

There is a concept called soft power. It means being able to keep others on your side without using any coercive methods. One element of soft power is culture/religion/spirituality.

For eg, Muslims supporting Saudi Arabia or Pakistan out of religious affinity even if the concerned issues are against their native country. Another example is given below . There is an increasing popularity of Yoga, meditation, Hindu spiritual teachings, Ayurveda in the west. A westerner who had experience with any of the above will be likely to support further research on the above topics and much less likely to co operate with forces that want to destroy Hindu civilization.

I plans to write few posts on religious/ spirituality and summaries of few related books in this thread and in Books thread.

Hope these subject are not very off-topic here. I didn't see any religious/spirituality related thread here. So will post in this thread.
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Re: Indian Interests_2

Post by Hriday »

A general post on astrology is given below.

Yoga and meditation are the teachings by Hindu saints. Both are known for scientifically proven amazing results and increasingly being recommended by allopathic doctors. Another teaching by Hindu saints which is well known but less accepted in science circles is astrology.

At first look astrology indicates to us that future already happened and we can see the future based on planetary positions.

Science says time is an illusion. They say future already happened and we can theoretically goes to future or to the past.
In Bhagavat Gita there are indications that there is no free will and future already happened.
Krishna says to Arjuna,
1. I am the doer of all activities, but the ignorant thinks that they are the doers.
2. Arjuna look, all your enemies already killed by me. You are only an instrument of GOD. (Viswaroopa Darshan chapter).

A Twitter user called Priyanka , @AstroAmigo who had many successful astrological predictions in the past few years explained in a tweet on 10th April 2023 that Vedas supports astrology. Some of it is given below,

1. केतुं कृण्णवन्न केतवे पेशो मर्या अपेशसे । (from Rigveda. It means Ketu Dev gives knowledge to ignorant persons)

2. "May we get welfare from the Sun, as well as from Rahu.." (Atharva Veda,19th kanda)

@AstroAmigo also explained that there is still a lot to research on astrology and her astrology teacher had found a new method of predictions called Cuspal Interlinked Astrology for better predictions.

Other references on astrology are given below,
In Bible ,

1. “There will be signs in the sun, moon and stars,” Jesus says in Luke 21:25.

2. For Origen, the important early Christian scholar, the stars are “heavenly writings, which the angels and the divine powers are able to read well . . .”

3. Let there be lights in the heaven and let them be for Signs.” Genesis 1:14

Jacob Thomas (IPS ) , a police officer from Kerala who had studied Hindu scriptures would often talk about many miraculous events related to Hinduism. Many of his talks on this subject is available in YouTube. In one TV program he says that police often use astrology to get clues in crime investigations. In one case astrologers were able to summon the dead man's soul and got to know who committed the crime.

In Kerala, a Malayalam magazine Vanitha which was run by Christians often includes astrology related topics. One article in it mentioned that many prominent Christians approaches astrologers for remedies. One cinema article in it mentioned that Joy Thomas, the owner of Jubilee Films would do a astrological check on newcomers who want to be in his films.
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Re: Indian Interests_2

Post by Kati »

After *Kashmir Files* and *The Kerala Story* another blockbuster will be hitting the screens soon - *The Diary of West Bengal* - a must watch.

https://youtu.be/K2q6xiwiTRE
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Re: Indian Interests_2

Post by ramana »

We need a holistic analysis of the Indian place in world politics right now.
Need to look at all angles: Economy, Demography, border disputes, the status of the neighborhood, internal political situation, World powers after the pandemic, and the Ukraine War.

What others?
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Re: Indian Interests_2

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gakakkad
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Re: Indian Interests_2

Post by gakakkad »

ramana wrote:We need a holistic analysis of the Indian place in world politics right now.
Need to look at all angles: Economy, Demography, border disputes, the status of the neighborhood, internal political situation, World powers after the pandemic, and the Ukraine War.

What others?
level of indigenization of critical technology ,both existing and in process: semiconductors , Energy storage (Li-Ion and Na-Ion batteries for instance) , access to future nukular power plants , biotech and drug innovation - like are we making new molecules of our own that are not yet made by western pharmaceutical companies , Artificial intelligence (kind of overhyped but will have increasingly important role) , Space and rocket propulsion (i think we are faring the best in this category) , Human development to actually support the above industries (we have quantity for sure , what evidence do we have of quality of our current talent levels ) , Current levels of brain drain and is there evidence of increasing reverse migration.
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Re: Indian Interests_2

Post by bala »

Sheldon Pollock, the dude who pretends to know Sanskrit (similar to the other Harvard dude Michael Witzel) and teaches many Indian origin students is thoroughly exposed by Rajiv Malhotra. Being schooled from the Marxist school of thought, emerges this new fangled phrase "aesthetisization of power". This coined phrase by the english language gymnast is to falsely praise some people and then effectively grab power after the people are smug and happy. So Sanskrit as a language becomes aesthetisization say of the Raja and the evil Brahmin grabs power behind the scenes. Such complex thoughts can be evolved only by a truly demented mind.

BTW for 1000 years India has been colonized first by Islam and then the British. So we can await another magnum opus from Pollock's breed to correctly apply the theory and show how the Hindus despite Sanskrit were taken over by "aesthetisization of power". Infosys Murthy has given some funds to Sheldon Pollock.



The true practitioners of "aesthetisization of power" are the British Raj characters who not only grabbed power by pitting one against another but also cooked up history left right and center. In South India, Tipu was allowed to conquer other kingdoms and once he gathered the loot, the British then swung in and took out Tipu (actually he was shot point blank by a paid insider) in a war they claim. Indians know well that Independence from the Brits were obtained after the Indian exchequer was wiped out clean and INA mutiny/Indian Navy mutiny triggered the quick exit. The brits cooked up their agents Gandhi/Nehru as the ones who got freedom for India.
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Re: Indian Interests_2

Post by Hriday »

Hriday wrote:A general post on astrology is given below.

Jacob Thomas (IPS ) , a police officer from Kerala who had studied Hindu scriptures would often talk about many miraculous events related to Hinduism. Many of his talks on this subject is available in YouTube. In one TV program he says that police often use astrology to get clues in crime investigations. In one case astrologers were able to summon the dead man's soul and got to know who committed the crime.
A correction, what I intend to say is Alexander Jacob (IPS), not Jacob Thomas. Sorry for the error.
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Re: Indian Interests_2

Post by bala »

During ancient times, even Indian kings were forced to obey Dharma in their rule. The golden sceptre handed ritualistically to the king at transfer of power in the South of India was symbolized by the Sengol golden rod with a Shiva Nandi atop. The Cholas adhered to such a protocol. When Nehru was appointed PM of India (effectively by Gandhi, remember Sardar Patel won the vote and was asked by Gandhi to retract the post), he asked Rajaji what would be an appropriate symbol for transfer of power from the Brits. Rajaji of course knew about the Sengol of Cholas. This Sengol was hastily made by gold jewellers and then Mountbatten handed the Sengol over to Nehru. Over time the Kangress quietly buried the symbol and called it as Nehru's walking stick. Kudus to the BJP and Modiji for reviving this ancient symbol.



India is ruled by Dharma not by constitution (created from John Dewey's scribbled lecture notes at Columbia Univ).
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Re: Indian Interests_2

Post by Cyrano »

The Constitution is a set of rules broadly agreed upon by a society as per the needs of the times. But adherence to the principles and rules of the constitution doesn't not happen automatically.

Dharma is that invisible (moral) force which encourages, even compels people, especially those in power, to uphold and abide by such a Constitution. And therefore it is way above the Constitution.
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Re: Indian Interests_2

Post by sanjaykumar »

Apparently abhijit iyer mitra has a video commenting of Richard Dawkins recent tweet on Hinduism.

I cannot find. Please provide url if found.
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Re: Indian Interests_2

Post by RoyG »

Cyrano wrote:The Constitution is a set of rules broadly agreed upon by a society as per the needs of the times. But adherence to the principles and rules of the constitution doesn't not happen automatically.

Dharma is that invisible (moral) force which encourages, even compels people, especially those in power, to uphold and abide by such a Constitution. And therefore it is way above the Constitution.
I can’t agree with this. Constitutionalism is in no way connected to dharma. Arthashastra and Dharmashastra aren’t holy scriptures like the constitution. They are political science in the true sense of the term. They primarily identify ruling classes and present strategies to the king to aid in fostering cooperation and preventing collusion between them.
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Re: Indian Interests_2

Post by Cyrano »

RoyG,
You are inferring and disagreeing with things I have not said. Please re-read my post.
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Re: Indian Interests_2

Post by bala »

Future of Indian Renaissance, strategic discussion at Rajiv Malhotra's house. 100 top supporters of Infinity Foundation met at Rajiv Malhotra's house in Princeton to reflect on the past 30 years of our work, and to brainstorm the future strategies. The first gathering of its kind in recent years. It brought together thought leaders, sponsors and collaborators from India, Canada, and several different states across the USA. The highlights of their remarks are shown in this video.



Note the insidious orchestration of the left and extreme radical elements (what a marriage!) using media and other techniques to tarnish the Hindus. It is full fledged war.
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Re: Indian Interests_2

Post by A_Gupta »

Bangladesh is under economic stress, though nowhere as bad as Pakistan. But given the porosity of the border, India needs to keep an eye open.

IMF flags risks to Bangladesh economy as foreign reserves fall further
https://www.wionews.com/business-econom ... her-590331#

This from February:
https://www.metroshipping.co.uk/news/fo ... -services/
> Turkish Airlines usually operates 14 flights weekly in Bangladesh, but has been operating only seven flights a week since November as it cannot remit around USD $24 million and most other foreign airlines including Malindo Air, Kuwait Airways, and Cathay Pacific face the same issue and have slashed their flight frequencies to and from Bangladesh.
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Re: Indian Interests_2

Post by bala »

Regaining Indian thought frameworks and countering the western frameworks (many of them borrowed from India and repackaged into their own) is of paramount interest. Indian education is western education, Indian dharma is repackaged as western, Rashtra is in the Vedas but has morphed into western concepts. Many things in India are an adaptation of western/british/usa thought frameworks. I would say the basis of such thought frameworks were from India, rejigged into the often misguided thinking in the west and adapted/morphed to their regressive, oppressive regime thinking. Most of the western so called frameworks are a bunch of nonsense with high falutin terms and sheer fraud. Botany for example has a book on botany in Dutch (1600s) copied from the original malayalam book. This book was translated to other european languages and became the subject called botany throughout the west. The current generation of Indians are being led down a wrong path instead of rediscovering their own ancient Indian wisdom and defining a totally new Indian framework of thought based on ancient wisdom. China for example rejects the western framework of thought, they insist on their own.

Mind sciences or vipassana is totally Indian, now being warped in the west as their own. Patanjali's yoga sutra is a masterpiece on inner science of the mind. The study of consciousness is being avoided or morphed as something other than the original contribution of India.

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Re: Indian Interests_2

Post by Rampy »

very good analysis by Praveen

https://youtu.be/X0XaJDczS3I
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Re: Indian Interests_2

Post by chetak »

this woke thug’s great grand father worked for the east India company.

The argument they used to justify colonialism was the same as his logic - that Indians are unfit for self-rule.

This was the White Man’s Burden to civilize the natives for their own good


https://www.telegraph.co.uk/news/2023/0 ... ter-in-uk/
Looted treasures might never be displayed if returned to India, says historian

William Dalrymple says Hindu nationalists' opposition to celebrating former Islamic rulers complicates potential return of 'loot'.
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Re: Indian Interests_2

Post by sanjaykumar »

The sack and loot of the imperial palace in Peking is adequately documented.

It will be instructive to learn about respect for non Christian cultures by that particular looting expedition.

He ought to hang his head in shame.
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Re: Indian Interests_2

Post by bala »

The Battle for Sanskrit is a key weapon used by western fake scholars like Sheldon Bollocks err Pollock who does not understand Sanskrit as a language. There is another parallel battleground pitting Buddhism (which is just an offshoot of Hinduism) against Hinduism. Whereas all of south Asia has buddhism and they acknowledge even today many elements of Hinduism have been retained, the western fake scholars continue to deny such things. The Thailand kings till today use Brahmins from UP to chant Vedic shlokas for all important occasions. BTW there is a canard of two buddhas (one in India origin and the other in Nepal) and wiki states wrong dates. The original Indian Buddha by Indian chronology is around 1800 BC and Adi Shankara (there were later on heads of Mutts with the name of Shankara) was around 500 BC. Buddha believed in reincarnation, often quoted things from the Upanishads and believed in Vipassanna, which is mind sciences of the Vedics.

Conference in the depths of JNU! with Rajiv Malhotra..
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Re: Indian Interests_2

Post by chetak »

Image
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Re: Indian Interests_2

Post by chetak »

SCO dejected as India to host virtual summit
Members of the Shanghai Cooperation Organisation (SCO) are unhappy over India’s announcement to have the SCO Summit in a virtual format.

https://www.newindianexpress.com/nation ... 87118.html
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Re: Indian Interests_2

Post by Cyrano »

We don't want to let Xi set foot on Indian soil. Good. No org or summit is paramount.

If he got the message and is any less stupid than we think he is, he will drop out of G20 as well with some excuse that the SCMP can always cook up.
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Re: Indian Interests_2

Post by RoyG »

Cyrano wrote:We don't want to let Xi set foot on Indian soil. Good. No org or summit is paramount.

If he got the message and is any less stupid than we think he is, he will drop out of G20 as well with some excuse that the SCMP can always cook up.
Xi is a war leader. The Chinese bureaucracy appointed him because of the tough decisions China will have to take within the decade. We should be careful not to help wound China too much because we will not be able to further exploit our position as a swing state and we won’t have a counterbalance to western alliance. It’s a careful balancing act.

China has been a positive development for India. The west and Islamic forces have killed, colonized, and enslaved hundreds of millions over the past 800 yrs. We are playing games geopolitically with them and it’s a good thing. But we share a common psychology which is why Buddhism sprouted there and I would say Indians are more comfortable with their political style than with the democracy we inherited.
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Re: Indian Interests_2

Post by ramana »

Cyrano wrote:We don't want to let Xi set foot on Indian soil. Good. No org or summit is paramount.

If he got the message and is any less stupid than we think he is, he will drop out of G20 as well with some excuse that the SCMP can always cook up.
On the contrary India wanted XJP to attend but he is unable to for various reasons.
The others hoped SCO meet would get canceled. However, India is the SCO chairman this year and chose virtual meetings.
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Post by Cyrano »

Oh really? I assumed what I wrote. Glad to be corrected. But Ramana garu why would India want xi to visit? After Wuhan and Mahabalipuram we got Galwan. Or did xi himself had no face after his perfidy?
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Re: Indian Interests_2

Post by Vayutuvan »

@RoyG ji, welcome back. Your posts are very incisive and to the point. They go directly to the heart of the matter.
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Re: Indian Interests_2

Post by ramana »

Cyrano wrote:Oh really? I assumed what I wrote. Glad to be corrected. But Ramana garu why would India want xi to visit? After Wuhan and Mahabalipuram we got Galwan. Or did xi himself had no face after his perfidy?
Think a little deeper.
India is chairman of both SCo and G-20 and not having China visit is not good optics.
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Re: Indian Interests_2

Post by ramana »

XJP reluctance to visit could be related to his pressures to not restore the status quo ante at the LAC in some sectors.

Deng and others had great reluctance to use force unless they can win as any withdrawal will lead to purges in Beijing.
XJP's misstep was to formally use force in Galwan.
Now he is up a pole without a ladder to get down.
All relations are hostage to that misstep.
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