India Economy Thread

[Thinking]

it's a start..

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[Thinking]

He is a loud mouth

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

 

[Thinking]

A soon-to-arrive FTA with Pacific economy takes India's smart trade strategy ahead - The Economic Times

India and New Zealand are nearing a free trade agreement, signaling India's renewed engagement with high-standard economies. This pact, though not volume-driven, diversifies India's export base beyond China and the US, focusing on regulatory alignment and high-value sectors like pharmaceuticals...

m.economictimes.com

hopefully EU FTA will come through soon. Canada has restarted FTA talks.

 

[chinasun]

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

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[CallSignMaverick]

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.

 

[chinasun]

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.

 

[CallSignMaverick]

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.

It was $4bn last year.

 

[Vikramaditya1]

@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.

 

[Vikramaditya1]

On the plus side. I think we figured it out guys. How to get western level inflation and maintain 6+% growth.
Retail inflation at record low! October CPI inflation drops to 0.25%; well below RBI's target range

 

[Thinking]

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.

 

[Thinking]

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[Thinking]

Strange turn of events..

https://www.reuters.com/world/china/indian-seafood-exporters-gain-report-china-suspending-japanese-imports-2025-11-19/

Also, this possibility

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[Thinking]

This went through

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[Vikramaditya1]

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.

 

[Guynextdoor]

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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