India Economy Thread

[NeptunesVortex]

Pachpadra refinery-cum-petrochemical complex: A new era for India's energy and manufacturing sectors​

Pachpadra refinery cum petrochemical complex a new era for indias energy and manufacturing sectors, ETChemicals

Read pachpadra refinery cum petrochemical complex a new era for indias energy and manufacturing sectors on chemicals.

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[Vikramaditya1]

blame me for your own confusion, and then scramble to answer my initial point, which you apparently never understood

If you even agree the nifty 50, for example might be overvalued, and then investors rotate away, what exactly are you disagreeing with? It means that investors think they are near peak value., or over priced.

I lost count on how many times you jumped from one point to another aimlessly. First it was export numbers fake because $150 B rajesh exports was fake.

Investors are fleeing because economy is failing. Nope, investments keep rising. You took one component and ignored the rest. NIFTY was over valued for quite some time it's no surprise there is a correction. Again that is not directly affecting GDP numbers. I thought this argument was settled.

This is simply untrue, the UK and the US use a far more regular and granular seven day period versus the yearly extrapolation based on a month in India.

It is literally not the same.

Because one has robust levels of economy and data collection and the other does not.


......."As a week contains seven days, answers to [labor status metrics] are stored in one or more of seven separate variables... A code, one to seven, Monday to Sunday, is used within each variable."

And we does the same in a different way. PLFS reports unemployment using different measures. Usual status, they looks at a persons principal activity over the last year for structural unemployment. Secondly current weekly status, asks whether the person worked during the last seven days. And finally current daily status records activity for each day of the previous week.

You cherry picked one Usual status that calculates yearly employment status and ran with it. This is measure because we have seasonal and informal sector employment. For example a person is employed for festive season he makes enough money for a year and remains "unemployed " to avoid counting them we use this.

India literally has a Current Weekly Status measure based on the previous seven days, very similar in concept to the US and UK weekly reference period.

 

[Yasser76]

I lost count on how many times you jumped from one point to another aimlessly. First it was export numbers fake because $150 B rajesh exports was fake.

Investors are fleeing because economy is failing. Nope, investments keep rising. You took one component and ignored the rest. NIFTY was over valued for quite some time it's no surprise there is a correction. Again that is not directly affecting GDP numbers. I thought this argument was settled.

And we does the same in a different way. PLFS reports unemployment using different measures. Usual status, they looks at a persons principal activity over the last year for structural unemployment. Secondly current weekly status, asks whether the person worked during the last seven days. And finally current daily status records activity for each day of the previous week.

You cherry picked one Usual status that calculates yearly employment status and ran with it. This is measure because we have seasonal and informal sector employment. For example a person is employed for festive season he makes enough money for a year and remains "unemployed " to avoid counting them we use this.

India literally has a Current Weekly Status measure based on the previous seven days, very similar in concept to the US and UK weekly reference period.

Na saaaar! Economy $4 Trillion. Same poster on Chinese Jet engines.....

 

[r3alist]

Investors are fleeing because economy is failing.

NIFTY was over valued for quite some time it's no surprise there is a correction

You start your diatribe disagreeing with me but then you state what I already told you as if it was a disagreement.

Is a very feminine approach.

So how long did it take you to agree that the nifty is overvalued and not long ago was very overvalued.

Again that is not directly affecting GDP numbers. I thought this argument was settled.

Ok, if corporates had to make profitability projections on prior corrected gdp data, which they did and do, some aspect of corporate earnings need to be revised as well.

And we does the same in a different way.

Then how is it the same if it's different





Time for fresh air?

You cherry picked one Usual status that calculates yearly employment status and ran with it. This is measure because we have seasonal and informal sector employment

I told you this already stop recycling it back to me as if you are informing me
The employment status means your entire national concept of employment and productivity can have massive deviation.


You said every country employs the same method for unemployment, it's just a forum so there is no face loss to just accept you got that absolutely wrong.

 

[Vikramaditya1]

You start your diatribe disagreeing with me but then you state what I already told you as if it was a disagreement.

Is a very feminine approach.

So how long did it take you to agree that the nifty is overvalued and not long ago was very overvalued.

Keep trying to shift goalpost. You're trying to win some scraps with things I never objected to. Where did I object to your point that Indian stocks weren't over valued or NIFTY is performing great?

Trying to put words in my mouth is cute.

Ok, if corporates had to make profitability projections on prior corrected gdp data, which they did and do, some aspect of corporate earnings need to be revised as well.

Spits out nothingburger. Corporate earnings and GDP numbers, you should apply for a Nobel price in economics. You really have a knack to invent such theories.

Then how is it the same if it's different





Time for fresh air?

I really do. You make perfect example of why you people believe in shadow EKONOMY being $1 trillion.

Read what I wrote at least 5 times. Or I could quote maybe, like I said before in some other place, I could really type it in Urdu if you have issues with basic comprehension.

I told you this already stop recycling it back to me as if you are informing me
The employment status means your entire national concept of employment and productivity can have massive deviation.


You said every country employs the same method for unemployment, it's just a forum so there is no face loss to just accept you got that absolutely wrong.

Again you're trying to shift goal post after making blunders. Now what happened to the claim India is extrpolating from yearly numbers? (Oops) And I said unemployment is generally based on the same ILO concept: without work, available for work, and seeking work. “Different implementation” is not the same as “different concept,” and it definitely isn’t proof of fake data. Try again.

 

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[r3alist]

Where did I object to your point that Indian stocks weren't over valued or NIFTY is performing great?

Literally from the first interaction you were inbcomplete denial anything negative from your perception

really do. You make perfect example of why you people believe in shadow EKONOMY being $1 trillion.

Very nice diversion, you still don't have the b@lls to actually admit every country does not use the same unemployment method

It's so ridiculously different that I doubt you can find the inner resources to just quickly accept that.

I could really type it in Urdu if you have issues with basic comprehension

When English is so difficult for you




So the nifty has been trading at extremely high price to earning multiples, 25x and then 20x, I informed you about this but you want to spin it like you knew, actually don't think you have a clue why the price to earnings multiple being inflated links back to corporate earnings and GDP.



And then you claim every single country uses the exact same methodology

 

[r3alist]

Literally from the first interaction you were inbcomplete denial anything negative from your perception


Very nice diversion, you still don't have the b@lls to actually admit every country does not use the same unemployment method

It's so ridiculously different that I doubt you can find the inner resources to just quickly accept that.


When English is so difficult for you




So the nifty has been trading at extremely high price to earning multiples, 25x and then 20x, I informed you about this but you want to spin it like you knew, actually don't think you have a clue why the price to earnings multiple being inflated links back to corporate earnings and GDP.



And then you claim every single country uses the exact same methodology

Just a reminder

It doesn't, every country tracks employment this way.

And another time, you have no wiggle room, unless you are spineless like a worm

It doesn't, every country tracks employment this way.