India Economy Thread

Delusions of grandeur are not just limited to our neighborhood.

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The situation of Brits are quite sad tbh. Just an old colonial power going through an endless humiliation ritual. We should buy their companies for the legacy and name. Like their steel majors, there are quite a few companies up for grab.
 
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With the financial accounts being off by 158 billion you can only wonder other adjustments which need to be made to other companies, ultimately that's got to shrink the GDP, because the economic activity they think they have captured is all hocus Pocus
 
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With the financial accounts being off by 158 billion you can only wonder other adjustments which need to be made to other companies, ultimately that's got to shrink the GDP, because the economic activity they think they have captured is all hocus Pocus
Didn't read what it's about did you? Or as usual the case with you, you didn't understand a single thing? Which one is it?

Valcambi is a Switzerland based gold refinery under Rajesh exports. SEBI, our regulator allege that their global revenue (which is 96% of their revenue) was not properly reported specifically they can't find the source of their $158 billion revenue from their subsidiary over 5 years from Switzerland which they reported. Not Rajesh exports or India but a Swiss company under Rajesh exports. It's a pure case of securities and exchange bureau investigation a listed company in India.
 
Didn't read what it's about did you? Or as usual the case with you, you didn't understand a single thing? Which one is it?

Valcambi is a Switzerland based gold refinery under Rajesh exports. SEBI, our regulator allege that their global revenue (which is 96% of their revenue) was not properly reported specifically they can't find the source of their $158 billion revenue from their subsidiary over 5 years from Switzerland which they reported. Not Rajesh exports or India but a Swiss company under Rajesh exports. It's a pure case of securities and exchange bureau investigation a listed company in India.


It represents a significant blow to the credibility of auditors missing this over years as well as a state-backed life insurance company holding a 10% equity stake

You will know but you will ignore that over 2025 and 2026 foreign investment outflows have been significant year on year



The Indian nifty 50 has a price to earnings of around 20x, previously was 25x

Most emerging market economies are closer to 15x.

Your midcap indexes also show surging profitability

So the revised GDP growth, has to lead to projections and restatements on earning growths in the large corporate sector, which is based on Indian government data on the economy ...... That has been revised, the math does not math if your price to earnings looks so strong yet there are revisions to GDP growth and investor outflows

and this is why rajunaram rangum was directly sceptical about GDP growth and foreign investment in the corporate sector, this is one of your top guys


Just take in the facts before, believe it or not I cannot repeat the same thing forever
 
It represents a significant blow to the credibility of auditors missing this over years as well as a state-backed life insurance company holding a 10% equity stake

You will know but you will ignore that over 2025 and 2026 foreign investment outflows have been significant year on year



The Indian nifty 50 has a price to earnings of around 20x, previously was 25x

Most emerging market economies are closer to 15x.

Your midcap indexes also show surging profitability

So the revised GDP growth, has to lead to projections and restatements on earning growths in the large corporate sector, which is based on Indian government data on the economy ...... That has been revised, the math does not math if your price to earnings looks so strong yet there are revisions to GDP growth and investor outflows

and this is why rajunaram rangum was directly sceptical about GDP growth and foreign investment in the corporate sector, this is one of your top guys


Just take in the facts before, believe it or not I cannot repeat the same thing forever
Yeah, I just read a whole lot of nothing burger of you trying to connect some regulatory actions to Indian GDP numbers because you're butthurt about the GDP growth. So you painted this mental picture that GDP numbers must be fake, exports must be fake, India is stagnating. India's reputation is going down or whatever this circle jerk forum gives you about India.

Take the numbers for example. Highways nearly doubled, expressways from near zero to around 5-7k Km, rialways fully electric, metro rail went grew 5x, dedicated freight corridors, government capex grew 6 times. Direct and indirect tax trippled. I could go on and on. Visible development can't be hidden, our electricity consumption grew at around 7% a year. Rapidly industrialising countries experience such demand growth. Now compare it with the great neighbours of India
 
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