India Economy Thread

@CallSignMaverick

Getting closer to $1 trillion exports hopefully.

Amazing. India ka bolbaala, Trump ka munh kaala.

Regards
 
vasanthm said:
As per pdf wasn't US tariffs supposed to have killed our exports and economy by now
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It's been 5 months since 50% tariff. Truth be told, tariff was not on all exports plus weakened rupee has helped. Without diversification, we are still under pressure.
 
CallSignMaverick said:
We still need to get a deal with trumpstein, no need to take risks.
Click to expand...

Yes it will happen, negotiations are taking place. India will allow some agro products from US, Products like DDGS, Sorghum & Corn Fermented protein will be allowed but not Corn or Soya directly... This is not published anywhere now but mark my words...
 
$133bn. as per current rates
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Somewhat disappointed. Had hoped for a hefty increase in defence budget and R&D (both civilian and defence) to be funded by higher corporate taxes and disinvestment in PSUs.

@CallSignMaverick

Is this USD 5 billion incentive a one year figure or for a 5 year period?

Regards
 
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SoulSpokesman said:
Somewhat disappointed. Had hoped for a hefty increase in defence budget and R&D (both civilian and defence) to be funded by higher corporate taxes and disinvestment in PSUs.

@CallSignMaverick

Is this USD 5 billion incentive a one year figure or for a 5 year period?

Regards
Click to expand...
5 year period based on the investment companies make
 
"Given the budget announcements, we expect investments in data centres to rise to $200 billion, up from the $70 billion of investments currently being executed. We are also seeing interest from AI server manufacturers to invest in India," Vaishnaw said at a press conference, after the presentation of the Union Budget.

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