India Economy Thread

[RamBharose]

No, Indians who only hire other Indians and actively block the path of non Indians. Europeans will find out soon enough.

Thank you for clarifying what you meant Watandar ji. I am sorry for the behavior of Indians you have experienced or witnessed.

 

[Blueishere]

Wow, so Europeans saw what Indians did to Canada and the US and said "I want that!". Phew.

What have they done to US and Canada? Except for trying to make an earnest living?

 

[Watandar]

What have they done to US and Canada? Except for trying to make an earnest living?

In the US they have monopolized the work visa H1b and others and kicked out non Indians from the industry.

In Canada they have taken over all the hourly worker jobs to the extent a Canadian finds it impossible to get an hourly job.

 

[Blueishere]

In the US they have monopolized the work visa H1b and others and kicked out non Indians from the industry.

In Canada they have taken over all the hourly worker jobs to the extent a Canadian finds it impossible to get an hourly job.

So instead of blaming the companies hiring them, you blame the workers who are trying to make a living.

 

[Watandar]

So instead of blaming the companies hiring them, you blame the workers who are trying to make a living.

The Indians behave this way once they make their way into the company and supervisory positions. They close the doors to everyone else. Non Indians have the right to make a living too.

 

[Blueishere]

The Indians behave this way once they make their way into the company and supervisory positions. They close the doors to everyone else. Non Indians have the right to make a living too.

You think the board of directors of these multi-trillion dollar enterprises are Indian? Under a capitalist system, why would they not prefer workers who work for significantly less, work more hours, and are around the same technical level of domestic workers? You're frustration is misplaced.

 

[SoulSpokesman]

@Blueishere

Thanks for the above post. Have been trying to explain that here for almost a year now. The owners of these companies are mostly whites and Jews- they would hardly allow their (allegedly) Indian HR staff/top mgmt to hire incompetent fellow Indians with no regards to the profitability of their firms.

Regards

@r3alist

 

[CallSignMaverick]

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[SoulSpokesman]

@CallSignMaverick

Wouldn't be surprised if some European companies have already done the preparatory work in terms of capital investments and supply chains to get started on exports soon.

Regards

 

[hydrabadi_arab]

India GDP $3.8t for 2025-26.

Half trillion Indian GDP in $ wiped out after INR crash.

 

[SoulSpokesman]

@hydrabadi_arab

The rebasing of the GDP will add about 10% to the GDP- so we will be about USD 4.2 TN by March.

Regards

 

[c14-Isotope]

View attachment 175526

India GDP $3.8t for 2025-26.

Half trillion Indian GDP in $ wiped out after INR crash.

14% devaluation over 3 1/4 years

 

[vasanthm]

The post-US world is already taking shape – look at the massive EU-India trade deal | Ravinder Kaur

The ‘mother of all deals’ is as much about the tariff-heavy geopolitics of the Trump era as it is about bilateral trade, says Asian studies professor Ravinder Kaur

www.theguardian.com

"The post-US world is already taking shape"

 

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[Dalit]

Tata Steel has paid a record fine of €8.5 million for excessive emissions at a plant component. Further fines are looming, and the permit may be revoked.

At the end of December, Tata Steel was fined for excessive emissions of heavy metals, carcinogenic packaging materials, and benzene from one of its coke-gas plants. This was stated by the Provincial Executive of North Holland in response to questions from the Party for the Animals.

A year earlier, the North Sea Canal Area Environmental Agency (ODNZKG), which oversees Tata Steel, had imposed a penalty for excessive emissions from its two coke plants. This threatened fines of nearly €27 million if Tata Steel failed to reduce emissions.

The first half of the penalty has now been collected at coke-gas plant 1, a spokesperson for the ODNZKG confirmed. The fine is not yet final. Tata Steel was still allowed to submit a statement of objections, although the environmental agency does not expect this to lead to a withdrawal. "But in theory, there is a chance of that happening," the spokesperson said.

New measurements have already been taken at Tata Steel's coke-fired gas plant, and the final results are expected soon. Should emissions be found to be excessive again, the environmental agency can collect another installment of the fine. Once the company has paid the full fine, further steps may follow. The regulator has already explicitly threatened to revoke the permit.

Going to court

Tata Steel has gone to court to challenge the fines. The company previously expressed doubts about the accuracy of the measurements used by the environmental agency. According to the province of North Holland, the new multi-million fine is based on measurements taken by Tata Steel itself.

Tata Steel is working to make its steel production more sustainable, including significantly reducing CO2 emissions. For example, the old coke-fired gas plant 2 is scheduled to be replaced by a cleaner facility by 2030. The company is transitioning from coal to natural gas and later to CO2-free energy sources like green hydrogen and biogas.

The outgoing Schoof cabinet wants to release a one-time subsidy of up to €2 billion for the plans. Whether this state aid will actually go ahead will be announced later this year.

Tata Steel krijgt recordboete van 8,5 miljoen euro vanwege schadelijke uitstoot

Tata Steel heeft een recordboete van 8,5 miljoen euro betaald vanwege de te hoge uitstoot bij een fabrieksonderdeel. Er dreigen nog meer boetes, waarna ook het intrekken van de vergunning een mogelijkheid is.

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