As a scientist I'm trained to approach a problem by first distilling it to first principles.
Expecting something brilliant to happen under the rule of the enormously unbrilliant collective is what it boils down to.
Cheers, Doc
Indian Economy : News,Discussions & Updates
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As a scientist I'm trained to approach a problem by first distilling it to first principles.
Expecting something brilliant to happen under the rule of the enormously unbrilliant collective is what it boils down to.
Cheers, Doc
Now lets wait for India to be a 5 trillion economy by 2025, growing at 5% (modified GDP) lol with the bulk of the momentum from the service industry. More pakoras, more power.
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Patience friend ...
We are still some way from cresting this wave.
It's a long way down after that.
And a hard crash, followed by the foam of the smithereens of millions of young dreams of starry eyed worshippers.
Cheers, Doc
This Kashmir issue has helped both the governments of India and Pakistan to divert attention of their public from the bad state of economy.
Industry and economists have been saying this for over two years now.
The signs have all been there. Within a year of Demonetization.
Staring us in the face.
Telling that not even 370 has muted the chorus now.
As we say in Maharashtra.
Nanga khayega kya, nichodega kya.
Cheers, Doc
The signs have all been there. Within a year of Demonetization.
Staring us in the face.
Telling that not even 370 has muted the chorus now.
As we say in Maharashtra.
Nanga khayega kya, nichodega kya.
Cheers, Doc
Lol. It's been 18 months since this slowdown started. Have you been living under a rock all this while?
All those in the know knew this would happen the minute the NBFC crisis started. The primary cause of the slowdown is due to drop in consumption, which reduced because farmer wages have been stagnant the last few years. Even I have pointed this out many times over the last year on this forum, about farmer wages, and I'm no economist. These slowdowns are cyclical, and happens once every 5-10 years.
Haha. I like how all the Congi cheerleaders are coming out of the woodwork for literally nothing. Reminds me of Desert Storm.
Are you a dimwit?
Even if his work is not up to your standards, he's done a 100 times better job than everybody else who has ruled India since independence. Even now, India's macroeconomic figures are the best ever achieved.
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Please refer to my posts here from two years ago before I was selectively banned for answering a thug in his own tongue.
Cheers, Doc
EconomicTimes (@EconomicTimes) Tweeted:
#LeadStoryOnET | @PiyushGoyal feels @RBI's record payout isn't enough RBI still has huge 'unproductive capital', present transfer 'grossly inadequate': Piyush Goyal ( )
#LeadStoryOnET | @PiyushGoyal feels @RBI's record payout isn't enough RBI still has huge 'unproductive capital', present transfer 'grossly inadequate': Piyush Goyal ( )
Business Standard (@bsindia) Tweeted:
NHAI in a spot over deep financial stress
PM’s office raises red flag over its “unplanned and excessive expansion”
@manchandamegha
NHAI at a crossroads on debt servicing; 'concerned' PMO raises red flags ( )
NHAI in a spot over deep financial stress
PM’s office raises red flag over its “unplanned and excessive expansion”
@manchandamegha
NHAI at a crossroads on debt servicing; 'concerned' PMO raises red flags ( )
No need to bring moderation into the picture. The moderation here is so mild that if you got banned here, then you were the one at fault.
As for the economy, it has nothing to do with either demo or GST. Demo issues were fixed long ago. And GST, we are getting 1LC every month. So both are fine.
This is simply a case of rural demand falling because their incomes have been stagnant. That's why Modi introduced the 6000 per year income distribution to the poor and also a large investment plan to improve rural consumption, alongside a pension scheme and health policy.
India's absolute poverty rate is already 2%.
Why goodbye ?? I don't think it was ever possible to achieve by 2024. But India will have a GDP of 5 trillion definitely by 2026. Does it matter if we achieve the target after couple of years ??
On a lighter note, I have been waiting for this recession since years. It is the best time to invest in real estate and stocks.
It all depends on how world economy moves over next one year. If US gets into recession, then Indian economy will not recover within next 6 months. However, just after recession Indian economy should see a big jump in growth rate.
My advice to everyone would be to let govt. critics speak their piece on economy.
After all they have nothing else to speak about. There has been no major case of corruption, no major scam under Modi till now.
What else are Modi's critics supposed to talk about- re-impsing article 370 ? bringing back triple talaq ??
Let them have their say, no point in arguing with semi-illiterate people on economics and globalization on a defence forum.
Their mind is already made up, you see.They are here for propaganda, not discussion.
After all they have nothing else to speak about. There has been no major case of corruption, no major scam under Modi till now.
What else are Modi's critics supposed to talk about- re-impsing article 370 ? bringing back triple talaq ??
Let them have their say, no point in arguing with semi-illiterate people on economics and globalization on a defence forum.
Their mind is already made up, you see.They are here for propaganda, not discussion.
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Business Standard (@bsindia) Tweeted:
India Ratings downgrades YES Bank to 'IND A+', says 'outlook is negative'
India Ratings downgrades YES Bank to 'IND A+', says 'outlook is negative' ( )
India Ratings downgrades YES Bank to 'IND A+', says 'outlook is negative'
India Ratings downgrades YES Bank to 'IND A+', says 'outlook is negative' ( )