Indian Economy : News,Discussions & Updates
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What does Indonesia import from India today? What can India export to Indonesia in a year from today?See for yourself.
Indonesia has already hinted at increasing defence spending by 21% this year.
Covid-19: Indonesia signals potential major increase in defence spending
Indonesia could be in line for a record-high expenditure of nearly IDR150 trillion (USD10.6 billion) for fiscal year 2021 if recently submitted budgetary proposals are...www.janes.com
Once their economies go back on track next year, what do you think will happen?
Again, you've gone back to today and tomorrow and completely missed the intent of the post. Even though they are reeling under COVID, they are still increasing their defence budget which means they are clearly setting the trend for the future. It's the same case for some countries that are feeling the Chinese threat.
There are already plenty of stuff that India is offering up for export that these countries are interested in, like Akash and Brahmos. MRSAM will also become an export product by then. As will a whole host of aircraft and weapons, both big and small.
I thought we were discussing the here & now i.e 2020-2025.Not what happens in 2030 & beyond.
Not even "here & now". We are discussing 2022+. And what I posted about ASEAN is for 2022+. Could even be 2020 or 2021 in some cases.
That's why I said let's wait till Apr 2023 . We'd know the landmarks fulfilled in 2022.
Where does this suit boot baniya govt taxes comes from.
Corporate taxes have come down directly benefiting rich while personal income tax for middle and working class is up along with currency inflation...goes on to show that this govt is for the rich by the rich.
Corporate taxes have come down directly benefiting rich while personal income tax for middle and working class is up along with currency inflation...goes on to show that this govt is for the rich by the rich.
Any expert comments on this piece of news?, Are we in a very bad situation right now?
This is to the percentage of tax revenue, which means corporates are not performing (Thus stagnated for the last 5 years). Income tax revenue is increasing because more people are getting into the tax compliance or/and people are getting richer.
The corporate rate tax cut was only last year. Its implications are yet to come.
If economy shrink than we are. External debt under baniya govt has increased by 118 billion $ in last 5 years alone. Compare this to only 361 billion $ between 1991- 2014 time period. Now since Corona virus has come "intentionally" of course to shrink economy along with rupee depreciation. It will directly affect interest payment on external debt. one of the ripple affect will be eroding purchasing power of Indians. Indian govt external debt is only 108 billion $ though.....rest is mostly commercial borrowing with total some what around 560 billion USD. This suit boot baniya govt has been fiscally prudent (great) but for common man not for her rich corrupt corporate backers.
if there is small contraction this year and subsequent recovery and expansion next year than financial situation will be good and if not expect Armageddon.
The opposite. Corporate taxes have come down because businesses are shutting down, directly affecting the rich and those who depended on the jobs.
You can deduce number of T/R modules on a classified AESA radar but do not have the common sense to interpret a graph? Interesting
Nothing alarming about Indian debt, debt plays a crucial role in developing economies.
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The figures looks way off, forget govt debt total external debt was some 500 Billion dollars which will translate to 20% or less of GDP even after significant contraction.
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Hey, you are the one who gets this news first, not me. That tweet has specifically been made for its target audience.