India Economy Thread

it's a start..

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He is a loud mouth

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But a deal is coming very soon. Atleast part of it..
 

India's Trade Deficit Hits Record $41 Billion in October | Vantage With Palki Sharma​


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India's Trade Deficit Hits Record $41 Billion in October | Vantage With Palki Sharma​


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That's for goods trade, only due to huge increase in gold imports.
Overall it was $21.8 bn for the month.
1763561052919.png
 
That's for goods trade, only due to huge increase in gold imports.
Overall it was $21.8 bn for the month.
View attachment 160490
Gold purchases in October amounted to only 14.7 billion U.S. dollars, and Trump's imposition of additional tariffs was also a major reason for the record trade deficit.
 
@Thinking @vasanthm

Allowing greater access to US farm products will hurt our farmers. It will create social and political turmoil.

I don't buy this health risk bulls**t though. If Americans and Chinese can eat GMO food and derived products, so can we.

Regards
Anyday better than pesticide laden food we get from our Annadatas.
 
Gold purchases in October amounted to only 14.7 billion U.S. dollars, and Trump's imposition of additional tariffs was also a major reason for the record trade deficit.

10 billion for gold and 2 billion for silver...compared to last year. All imported, and not for government use. Trump tariffs didn't do much.
 
We are signing FTA left and right around the same time our neighbours, at least some of them turned hostile and unstable. Although the US tariff even with a reduced rate of 25 or 15 is a concern but our exports remained unaffected for the most part thankfully all of them were tariffed.

Now should be right time to improve relationship with China.
 
As project approaches final stage of completion, capturing all katest developments in the project


Japan Starts Shinkansen Train Trials For India's Bullet Train Project​



Train sets ready and undergoing testing in Japan. Will be shipped to India. After the intiial sets are delivered and run and stabilized, future production will be done locally ( I think by BEML )


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