Indian Economy : News,Discussions & Updates


Jio to take on Nokia, Ericsson on 5G tech
Jio Has Developed 5G Solution From Scratch": Mukesh Ambani
Jio Partners With Google to Develop Android-based Operating System for Affordable 4G, 5G Smartphones

This is HUGE... Our very own Desi Huawei.....😘😘
 
Lol nobody going to buy Jio crap. Even its subscription will be coming down soon due to higher data prices that company keep on increasing.
 
Lol nobody going to buy Jio crap. Even its subscription will be coming down soon due to higher data prices that company keep on increasing.
It's the best 4g network in India and for that matter one of the best in the world..
So you were comfortable with RS 250/GB for month on Airtel, Idea, Vodafone....
Jio is the cheapest and will always be the cheapest for a foreseeable future...☺
 
It's the best 4g network in India and for that matter one of the best in the world..
So you were comfortable with RS 250/GB for month on Airtel, Idea, Vodafone....
Jio is the cheapest and will always be the cheapest for a foreseeable future...☺
yes it is for now at least. my problem is with ever increasing unaffordable prices for common man not salaried or higher income group & also monopolisation of telecom sector by Modi cronies.
making sure state owned companies like BSNL are allowed to fail to enrich billionaire friends and shareholders.
 
yes it is for now at least. my problem is with ever increasing unaffordable prices for common man not salaried or higher income group & also monopolisation of telecom sector by Modi cronies.
making sure state owned companies like BSNL are allowed to fail to enrich billionaire friends and shareholders.
Jio used used predatory pricing like free and RS 399 for 3months at start to finish off competition and is still using even though prices have been increased to RS 555 for 3months to weaken Airtel and voda-idea. Once only 3 remain in competition expect RS 500 per month per connection for the same amount of data and calling that Jio is offering now. Till then it's party time for the customers... Cheers...☺

BTW Jio spent RS 1,50000 crores on the network alone and investment cycle which lasted 6yrs before the launch. Now calculate the operational costs and losses it has piled up for years. You will realize Jio hasn't made any money out of what customers paid. The real profit is the valuation of the company in financial markets and the money that is now pouring in by biggies like Google, Facebook, Qualcomm, etc....☺
So expect your Mobile Bill to rise further for the same services.

Also Jio 4g is 4.5G network and has 4 nodes of 150mbps per base stations which if all deployed will give 600mbps of speed if company decides to open up and is upgradàble to 5g network and that is what they are doing now. Jio will be the first to offer 5g service in India....
 
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Last I heard US doesn't have the said 8000 tons of gold which they claim to have they are bluffing. No one audited it and uncle Sam doesn't allow anyone to audit it.
Also Germany gave 2500 tons of gold to US to store into their safe vaults in 2008/09 and when Germany wanted it back US wasn't able to give them back and told them that it will take 10-15yrs to return Germany's gold back.
Actually US doesn't have any gold reserves, they even spent Germany's gold too. US is a bankrupt nation living on a fiat currency which unfortunately is the defacto world currency and will remain one which they can go on printing until the US bluff ends....☺☺

US virtually buys all the stuff like Gold, all minerals, crude oil and man hours labor by handing out a piece of paper...☺☺
 
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India's foreign exchange reserves have increased by more than 10 b usd in the last 2 weeks. This inspite of RBI intervening this week to stabilize the rupee at around Rs 75.
With 516 b usd as reserves, why is RBI comfortable with 75 rupees to a dollar ? India is not a export dependent economy. Our export products are not so sensitive to minor changes in our exchange rate. But we do import a lot. Why make imported goods including oil so expensive for our citizens ? Not advocating a drastic intervention by rbi , but a Rupee level of 70 to the dollar would be better. Why is RBI continuously buying the dollar from the market and weakening the rupee ?
 



 

Jio to take on Nokia, Ericsson on 5G tech
Jio Has Developed 5G Solution From Scratch": Mukesh Ambani
Jio Partners With Google to Develop Android-based Operating System for Affordable 4G, 5G Smartphones

This is HUGE... Our very own Desi Huawei.....😘😘

Reliance is all about scale and innovation. Nobody in the world can match their scale be it refineries or jio network. He is all set to outclass all other companies in online sale. Reliance will throw Huawei out of competition in 5G business as well. There is no doubt about it.
 
yes it is for now at least. my problem is with ever increasing unaffordable prices for common man not salaried or higher income group & also monopolisation of telecom sector by Modi cronies.
making sure state owned companies like BSNL are allowed to fail to enrich billionaire friends and shareholders.
We have the lowest priced 4g plans in the world. And Bada ambani has been way more impressive in matters of managing businesses than chota ambani. He is not the 6th richest man in the world for nothing.
PSU's fail because they can't compete and lack innovation or the threat of going bankrupt. The government is there to spoon feed them even though BSNL is one of the few PSU's that actually has quality products.
And stop deluding yourself with all this socialist crap. It's anti development and we have seen what the results of the anti-crony capitalism has been in the past 70 years....