India Economy Thread

[onlinpunit]

Desh sankhat may hy bai log ....

"Analysis by Bloomberg Economics indicated that the RBI may have sold approximately $12 billion worth of gold in late May 2026 to support the Indian Rupee and bolster liquid foreign-currency reserves amid global volatility."

Something unprecedented, before they mortgaged in 1991.

Thanks for worrying for us ! But we have around 125 Billion USD gold reserve ! So we will manage somehow !

 

[I*R*A]

Thanks for worrying for us ! But we have around 125 Billion USD gold reserve ! So we will manage somehow !

I am not one bit worried, it is your pm who said "do not buy gold", "Desh sankhat may hy".

You guys can pretend "Sab changa c" that is better for me.

 

[Nimble]

I am not one bit worried, it is your pm who said "do not buy gold", "Desh sankhat may hy".

You guys can pretend "Sab changa c" that is better for me.

Modis advice of refrain from buying gold is not wrong.... you can save your reserves by reducing gold import.... today is a war situation, we don't know what is going to be middle east future and oil supply.... those who identify the dangers and prepares themselves for tomorrow only they can survive tomorrow....

Similar advice was given by congress in 2013 and that time there was no war crisis even.... but in India congress lovers and Modi haters make an issue out of nothing....

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[onlinpunit]

I am not one bit worried, it is your pm who said "do not buy gold", "Desh sankhat may hy".

You guys can pretend "Sab changa c" that is better for me.

He said so Because the gold price are sky high.

 

[c14-Isotope]

Cars show 26% yoy growth in May

 

[peacemaker99]

He said so Because the gold price are sky high.

Plus it is a worthless purchase anyway

 

[Beijingwalker]

After Taiwan, Now South Korea Displaces India To 7th Position In Market Cap | What's Happening​

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[NeptunesVortex]

India to drop capital gains tax for foreign investors in government bonds, source says​

https://www.reuters.com/world/india/india-scrap-capital-gains-tax-foreign-investment-government-bonds-et-reports-2026-06-04/

 

[NeptunesVortex]

I am not one bit worried, it is your pm who said "do not buy gold", "Desh sankhat may hy".

You guys can pretend "Sab changa c" that is better for me.

The irony is hilarious.

A citizen of a country that keeps running to the IMF, Saudi Arabia, China, and the UAE for financial lifelines is telling Indians how worried they should be about their economy.

https://www.reuters.com/world/middle-east/pakistan-says-saudi-arabia-pledges-3-billion-more-support-it-2026-04-15/?utm_source=chatgpt.com

Pakistan spends its time arguing over loan conditions, reserve levels and the next external financing requirement. "Desh sankat mein hai" you say? Your govt literally spends half its time convincing lenders that it won't default and the other half negotiating the next rollover.
You seem obsessed with India. Indians criticize their own govt every day and still build highways, airports, factories, exports and foreign exchange reserves at a scale Pakistan can only dream about.

So don't worry about India. India will manage its gold imports, inflation and growth.

You should be worrying about IMF conditions, foreign debt repayments, reserve levels and whether the next bailout arrives on schedule.

 

[Beijingwalker]

FII Sell-Off Explained: Why Global Funds Are Reducing India Exposure​

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[I*R*A]

The irony is hilarious.

A citizen of a country that keeps running to the IMF, Saudi Arabia, China, and the UAE for financial lifelines is telling Indians how worried they should be about their economy.

https://www.reuters.com/world/middle-east/pakistan-says-saudi-arabia-pledges-3-billion-more-support-it-2026-04-15/?utm_source=chatgpt.com

Pakistan spends its time arguing over loan conditions, reserve levels and the next external financing requirement. "Desh sankat mein hai" you say? Your govt literally spends half its time convincing lenders that it won't default and the other half negotiating the next rollover.
You seem obsessed with India. Indians criticize their own govt every day and still build highways, airports, factories, exports and foreign exchange reserves at a scale Pakistan can only dream about.

So don't worry about India. India will manage its gold imports, inflation and growth.

You should be worrying about IMF conditions, foreign debt repayments, reserve levels and whether the next bailout arrives on schedule.

Desh sankhat may hy, andhbakht ub tou ankhay khol lay

Bure din a gay, ya kabi gay he nai thay.

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At least Pakistanis accept and do not deny the reality, unlike citizen of a country living in a slum, peeing in streets, taking dump on riverside but fudges the numbers and pretends to be citizen of an economic power.

Desh sankhat may hy, par andhbakht moj may hy ubi b.

 

[I*R*A]

He said so Because the gold price are sky high.

As if the guy who is going to buy gold doesn't know that? Pm of india now advises people on their personal purchases.

Or may be he can like recently he told his colleagues to drink more water.