India Economy Thread
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MH.Yang
Trusted Member
If India's social order collapses, a wave of refugees and terrorist exports will sweep through all its neighboring countries, including China. We need an India that can maintain basic social stability. It can avoid refugee flows and cooperate with the world in areas such as climate change, global governance, and world trade reform, while adhering to the global order. We also need the Indian economy to maintain a certain level of stability as a qualified sales market for Chinese goods. We also need an Indian society controlled and locked in by vested interest groups, so that it will not erupt into a revolution that overturns the current system, and will never be able to give birth to a society that could threaten China's competitiveness.
To be honest, isn't the anti China attitude of the Indian government, which cannot harm China's interests but is very obvious, what we are looking for? We can use anti China as a legitimate reason to strike at India's interests in the Security Council, control labor-intensive industries from transferring to India, and provide the worst financial treatment to Indian customers. And the Indian government only needs an anti China attitude to win votes without truly damaging our interests. Isn't it?
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CallSignMaverick
Registered Member
They are not learning
Sam6536
Registered Member
Is this your wishlist from Temu?
Beijingwalker
VIP Member
冖_冖
Registered Member
Exclusive: India's Tata taps China's Chery for premium EV push, sources say
June 3 (Reuters) - Tata Motors plans to license an automaking platform from China's Chery, four people familiar with the matter told Reuters, as it aims to get the launch of its premium EVs back on track after a delay.
India's biggest electric carmaker, will use Chery's platform to locally build EVs under its premium Avinya brand with plans for at least two cars, the first of which will be launched in 2027, three of the people said.
NeptunesVortex
Registered Member
Tesla is still the benchmark for EVs. Xiaomi is probably the only company that has genuinely disrupted the segment in recent times. Even with all the criticism around it, the Jaguar Type 00 is an incredible car to drive even in pre-production form. Think about it this way if it was built on the EMA platform, it would likely cost around ₹45-50 lakh. So if Tata manages to deliver the Avinya X at around ₹35-40 lakh, it completely changes the positioning of the product. Freelander platform itself is solid. And honestly, most buyers don’t care about the underlying platform. They care about pricing, features, performance, range, interior quality and the overall package they’re getting for the money. Ideally, the Avinya brand should be positioned between ₹25 lakh and ₹50-55 lakh, not above or below that range.
MH.Yang
Trusted Member
No, to be honest, India has already fulfilled China's wish. With an annual surplus of over 100 billion US dollars, the money earned by Indians in call centers is ultimately handed over to China. Indian pilots pilot Rafale to advertise China's fighter jet. Indians voluntarily became the control group for China's excellent development model…… Chinese people are actually very satisfied, and India just needs to maintain the status quo.
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NeptunesVortex
Registered Member
Australia's AirTrunk to invest $21 billion in Maharashtra data centre
startup.economictimes.indiatimes.com
airtrunk to invest 21 billion in maharashtra data centre, ETStartup
Read airtrunk to invest 21 billion in maharashtra data centre on startup.
startup.economictimes.indiatimes.com
Yasser76
Elite Member
Anyone seen old lazer eyes!?
www.livemint.com
Updated3 Jun 2026, 09:49 AM IST
USA's New Tariff Attack On India Over 'Forced Labour Import Curb' Policy? Proposal Amid Trade Talks
The US on Tuesday proposed new tariffs of at least 10% on imports from most major trading partners, including India, following a US investigation into alleged forced-labour practices. India is likely to face a 12.5% tariff.
“The failure of our most important trading partners to address the importation of goods made with forced labor is unacceptable. This creates a dynamic where American workers are forced to compete globally on an unlevel playing field,” top trade official Jamieson Greer said.
“We will no longer tolerate this disparity. Some trading partners have taken initial steps to prevent the importation of forced labor goods, including through USMCA and commitments in Agreements on Reciprocal Trade. However, each of our trading partners must do more to ensure that trade does not perversely encourage and entrench forced labor globally,” he added.
This group includes China, Vietnam, India, Taiwan and the United Kingdom.
Also Read | Will Indian Exporters Get Their Money Back?
The trade agency said six other economies -- Canada, Ecuador, the EU, Indonesia, Mexico and Pakistan -- were deemed not to have effectively enforced such prohibitions. These will be slapped with 10% tariff.
Accordingly, the 10% rate would apply to imports from Canada, Mexico, the European Union, Taiwan and Pakistan, among other places, according to a statement from the USTR. Products from other major economies, including China, India, Japan, South Korea, Brazil and Switzerland, would be subject to a higher 12.5% levy.
Goods from Canada and Mexico that comply with a North American free trade pact will also be exempt -- as will certain textiles and apparel.
After the Supreme Court struck down a swath of US President Donald Trump's tariffs in February, US officials launched the new trade probes as steps toward imposing more lasting duties. It will test the tolerance of economic partners, who have largely refrained from retaliating, opting instead to negotiate deals with the US to lower import taxes and ensure market access.
Also Read | Here Are Key Trump Officials Who Have Left the Administration
The trade agency invited written comments on the proposed tariffs until 6 July, and a Section 301 panel is expected to convene public hearings beginning on 7 July, according to the notice.
US plans extra 12.5% tariffs on India, 59 other countries for not enforcing forced labour ban | Today News
The US plans to impose new tariffs of at least 10% on imports from major trading partners, including India, due to forced-labour practices. Certain countries may face a higher 12.5% tariff. This move aims to address trade disparities and protect American workers.
www.livemint.com
US plans extra 12.5% tariffs on India, 59 other countries for not enforcing forced labour ban
The US plans to impose new tariffs of at least 10% on imports from major trading partners, including India, due to forced-labour practices. Certain countries may face a higher 12.5% tariff. This move aims to address trade disparities and protect American workers.
Sanchari GhoshUpdated3 Jun 2026, 09:49 AM IST
USA's New Tariff Attack On India Over 'Forced Labour Import Curb' Policy? Proposal Amid Trade Talks
The US on Tuesday proposed new tariffs of at least 10% on imports from most major trading partners, including India, following a US investigation into alleged forced-labour practices. India is likely to face a 12.5% tariff.
“The failure of our most important trading partners to address the importation of goods made with forced labor is unacceptable. This creates a dynamic where American workers are forced to compete globally on an unlevel playing field,” top trade official Jamieson Greer said.
“We will no longer tolerate this disparity. Some trading partners have taken initial steps to prevent the importation of forced labor goods, including through USMCA and commitments in Agreements on Reciprocal Trade. However, each of our trading partners must do more to ensure that trade does not perversely encourage and entrench forced labor globally,” he added.
India faces 12.5% tariff —How does it compare with other countries?
On Tuesday, the Office of the United States Trade Representative (USTR) said that 54 of the economies "failed to impose and effectively enforce a forced labor import prohibition." And, these countries are likely to face 12.5% tariff.This group includes China, Vietnam, India, Taiwan and the United Kingdom.
Also Read | Will Indian Exporters Get Their Money Back?
The trade agency said six other economies -- Canada, Ecuador, the EU, Indonesia, Mexico and Pakistan -- were deemed not to have effectively enforced such prohibitions. These will be slapped with 10% tariff.
Accordingly, the 10% rate would apply to imports from Canada, Mexico, the European Union, Taiwan and Pakistan, among other places, according to a statement from the USTR. Products from other major economies, including China, India, Japan, South Korea, Brazil and Switzerland, would be subject to a higher 12.5% levy.
What are the exemptions?
But the proposed tariffs come with various exemptions, including for beef, coffee, and certain fruits and nuts.Goods from Canada and Mexico that comply with a North American free trade pact will also be exempt -- as will certain textiles and apparel.
After the Supreme Court struck down a swath of US President Donald Trump's tariffs in February, US officials launched the new trade probes as steps toward imposing more lasting duties. It will test the tolerance of economic partners, who have largely refrained from retaliating, opting instead to negotiate deals with the US to lower import taxes and ensure market access.
Also Read | Here Are Key Trump Officials Who Have Left the Administration
The trade agency invited written comments on the proposed tariffs until 6 July, and a Section 301 panel is expected to convene public hearings beginning on 7 July, according to the notice.
I*R*A
Registered Member
Desh sankhat may hy bai log ....
"Analysis by Bloomberg Economics indicated that the RBI may have sold approximately $12 billion worth of gold in late May 2026 to support the Indian Rupee and bolster liquid foreign-currency reserves amid global volatility."
Something unprecedented, before they mortgaged in 1991.
"Analysis by Bloomberg Economics indicated that the RBI may have sold approximately $12 billion worth of gold in late May 2026 to support the Indian Rupee and bolster liquid foreign-currency reserves amid global volatility."
Something unprecedented, before they mortgaged in 1991.
peacemaker99
Registered Member
We have 500 billion in reserves
NeptunesVortex
Registered Member
After Ops Sindoor, some of these guys got so badly rattled that their entire timeline has turned into a 24x7 anti-India coping session. It’s like they need a daily dose of anti-India news just to calm their bruised ego and keep their stomach from exploding with frustration. Every morning starts with doomposting about India just so their fragile pride doesn’t collapse by lunchtime.
The inferiority complex in the neighbourhood is genuinely unreal nonstop seething, nonstop coping. The obsession is crazy they monitor India more closely than their own country. India lives rent-free in their heads 24x7
The inferiority complex in the neighbourhood is genuinely unreal nonstop seething, nonstop coping. The obsession is crazy they monitor India more closely than their own country. India lives rent-free in their heads 24x7
kmc_chacko
Registered Member
In total $681.384 Billion and in that Foreign Currency Assets $543.032 Billion
NeptunesVortex
Registered Member
Yeah, the RBI and GoI has already debunked it.
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