India Economy Thread

[Thinking]

What are you even on abt? You don't make sense?

Who are you talking too? Damn, I seem to have put a lot of people on ignore.

 

[SoulSpokesman]

@Mighty_Dragon_Strike

I though this was a thread on discussion on economics and finance! of course, I am senseless, Im asking questions!

Indeed. You are asking questions about subjects you know nothing about. No wonder you are not making any sense at all.

Regards

 

[Mighty_Dragon_Strike]

@Mighty_Dragon_Strike

I though this was a thread on discussion on economics and finance! of course, I am senseless, Im asking questions!

Indeed. You are asking questions about subjects you know nothing about. No wonder you are not making any sense at all.

Regards

so, you can understand, I asked from a subject and you also know I know nothing of it!

i find it, even more stupid, not to get any answer from you about it then!

 

[Thinking]

@Mighty_Dragon_Strike

I though this was a thread on discussion on economics and finance! of course, I am senseless, Im asking questions!

Indeed. You are asking questions about subjects you know nothing about. No wonder you are not making any sense at all.

Regards

Questions like logarithmic growth (?), Fourier transformation etc.. I was perplexed. I only knew FPGAs.

 

[Mighty_Dragon_Strike]

Questions like logarithmic growth (?), Fourier transformation etc.. I was perplexed. I only knew FPGAs.

lots of posts, still no answer!

ahhh, out of your depth!

must hand you over trophy and 500 guns salute for shamelessness!

 

[vasanthm]

lots of posts, still no answer!

ahhh, out of your depth!

must hand you over trophy and 500 guns salute for shamelessness!

Are you such a drama queen in real life as well?

 

[Mighty_Dragon_Strike]

Are you such a drama queen in real life as well?

you mean asking question about ones ability to understand robustness, preciseness, interpretation and sensorial perceptiveness somehow can equated to acting like a drama queen?!!!!!

please have some dignity!

 

[r3alist]

@r3alist @vasanthm

Credit where it's due, no one else could steal western IP like they did

Nope. If it was just about stealing IP, Indians would have done it too.

The real reasons are as follows:

#1 PRC spent a lot more effort in the period 1949-79 in developing its people- in education, healthcare, sanitation, nutrition etc than IND did. With the result that PRC entered the LPG era with a far better HR pool than India did.
#2 PRC had a much more single-minded focus on building infrastructure- the fact that the government owned all land and brooked no protests which would delay infra enabled them to build a much better and cheaper infra than IND can.
#3 There was a lot of effective decentralisation and their local governments played a much more proactive role in building the economy than the local govts here.

Stealing of IP, slave labour etc even if real have a miniscule role in PRC economy.

Regards

Long winded way of saying they had a real long-term vision, the ability to direct its people to that vision, the ability to execute, the intelligence to execute, and a society that has more meritocracy than discrimination

 

[r3alist]

Back after speed limit ban

On low inflation: You need to understand how inflation is calculated- it takes current months price/last years same month price- ie for Nov 2025 it would be Nov 25 prices/Nov 24 prices. Two things have happened. One the previous Sep-Nov had witnessed very high food prices- especially perishables like fruits and veggies. In the current period, they have reverted to average levels. This however translates into a sharp -ve adjustment. Secondly, there has been a sharp reduction in GST on several goods and services- which means that the final retail prices have come down. So these factors are pulling down inflation. Essentially cost push low inflation and not demand compression.

On IND's GDP being almost half of the reported amount (of USD 4 TN) at USD 2.5 TN. Well the guy who said this Prof Arun Kumar (aka Longbeard) is a certified crook and a Commie. Even someone who has a very limited understanding of economics can figure that out.

Let us begin by assuming that his hypothesis is correct- that IND GDP is USD 2.5 TN. That means that GDP per capita is around USD 1800. Now let us look at the tax collections for the previous year- now that is a real, hard number as opposed to GDP, which is always an estimate. The net GDP collection of centrally collected taxes (IT, Corporate tax, Customs, GST, Cess etc) was around USD 500 billion. Add another USD 50 billion collected by states themselves- taxes on petrol, alcohol, tobacco, stamp duty etc.

So we have a tax/GDP ratio at USD 550 BN/2.5 TN or about 22%. Now, I will be more than gratified if someone can show me a USD 1800 per capita economy which has a tax to GDP ratio!

Regards

I think he meant about half on the undocumented economy, not total.

Further breakdown was not offered, safe to assume a bit hyperbolic

 

[Vikramaditya1]

lets settle this debate, honestly, answer this, without looking into AI!


what causes leverage constraints, also explain the reason of your chosen answer

1. over pricing
2. low betas!


go on!

obviously, replying after 10 or 5 mins wont matter!

I don't need to look into AI. I have been trading for over 8 years now lol! And I don't frigging know wtf you blurted out, I'm not a hedge fund algo trading guru in Goldman Sachs. I am a moonlighting portfolio investor who trade after reading some books, I know how to read a AGM report and understand what is happening in the company and overall market. Do a FA or TA then invest and make profit.

I already responded to your query. You seem to have nothing else other than irrelevant nonsense to type. Ignoring any further AI prompts you make. Lol

 

[Vikramaditya1]

Where do you think your updated methodology will come from? From your updated data, which is a decade old.
This should then filter through to the CPI, as the basket should not be static, across the whole population.

Beyond that, I would chill out, a fuzzy-ish calculation should not be such a source of national honour.

I don't know man have you tried to maybe learn the difference between indices first? and what they represent. Maybe also read about IMF reports before making hilarious assumptions. "CPI data.... Is wrong because GDP rebased in 2013" what should I say to such stoopidity.
India's general data dissemination is B rated as per IMF report. You choose to die on a hill that says GDP growth data should be rebased with a C rating in it. Well....

 

[r3alist]

don't know man have you tried to maybe learn the difference between indices first?

Are you saying the imf is wrong or not?or do you not know.



Actual quotes so YOU can learn about benchmarks

***
The IMF highlighted the “use of Wholesale Price Indices (WPI) as data sources for deflators” and noted that because of the “lack of Producer Price Indices (PPI)” there is “excessive use of single deflation,” which “may introduce cyclical biases.”


***
The base year of 2011-12 is “outdated … fails to reflect current production technology and user preferences,” which can lead to “over or underestimating economic activity.”

***

“Going forward, regular benchmark revisions of national accounts, prices, and other key statistics should be conducted according to international best practices


****



Best practices...ahem



On CPi




highlighted that the current CPI base year, items basket, and weights are outdated (2011/12)”.



Items and weights are 10 + years old


Attempting civil discourse with a wall is pointless, you have no clue about the various factors and can't admit it dilutes reliability.

or copium on the revision of the benchmark answering everything, lol.

 

[Mighty_Dragon_Strike]

I don't need to look into AI. I have been trading for over 8 years now lol! And I don't frigging know wtf you blurted out, I'm not a hedge fund algo trading guru in Goldman Sachs. I am a moonlighting portfolio investor who trade after reading some books, I know how to read a AGM report and understand what is happening in the company and overall market. Do a FA or TA then invest and make profit.

I already responded to your query. You seem to have nothing else other than irrelevant nonsense to type. Ignoring any further AI prompts you make. Lol

so, how does one read AGM report, please enlighten me!

I have worked as Interest Rate Bank Book Analyst before, please share your steps or what do you look out, say in a company like Reinsurance Co. or Pharma co?!

really interesting to know!


and dont post AI slop in your reply, as you already have posted so many times before

 

[Thinking]

Carlyle Group targeting $300 million for India side fund

Carlyle Group Inc. is launching a dedicated India side fund, aiming for approximately $300 million to invest across sectors like tech, health care, and financial services. This new fund will operate alongside the firm's sixth pan-Asia investment vehicle, CAP VI, and has received a proposed...

economictimes.indiatimes.com

I am on break..

 

[Thinking]

Are you saying the imf is wrong or not?or do you not know.



Actual quotes so YOU can learn about benchmarks

***
The IMF highlighted the “use of Wholesale Price Indices (WPI) as data sources for deflators” and noted that because of the “lack of Producer Price Indices (PPI)” there is “excessive use of single deflation,” which “may introduce cyclical biases.”


***
The base year of 2011-12 is “outdated … fails to reflect current production technology and user preferences,” which can lead to “over or underestimating economic activity.”

***

“Going forward, regular benchmark revisions of national accounts, prices, and other key statistics should be conducted according to international best practices


****



Best practices...ahem



On CPi




highlighted that the current CPI base year, items basket, and weights are outdated (2011/12)”.



Items and weights are 10 + years old


Attempting civil discourse with a wall is pointless, you have no clue about the various factors and can't admit it dilutes reliability.

or copium on the revision of the benchmark answering everything, lol.

Chill

Explainer: Making sense of India’s 8.2% growth - and IMF’s ‘C’ on GDP data - The Times of India

India Business News: How strong is India’s economy really, going by the latest 8.2% GDP print?India just reported another head-turning GDP number. The latest data show the.

timesofindia.indiatimes.com

This covers everything. A pretty honest article devoid of typical bs. Once rebasing takes place with updated CPI basket, we will know, won't we? As someone suggested, you can fake many things but not tax collection which is about 450 billion USD (thanks to fluctuating dollar). Unless India is paying more taxes than rich nations, this discussion is pointless.