Indian Economy: News, Updates and Discussions

India will absorb about $450 billion worth of capital in the next 5 years: Venture capital firm
www.cnbc.com

We expect India will absorb about $450 billion worth of capital in the next 5 years: Venture capital firm

Sudhir Sethi, founder and chairman of India-based Chiratae Ventures, discusses what's driving India's startup ecosystem.
www.cnbc.com www.cnbc.com


Tesla leases office in Pune’s Viman Nagar amid India foray talks
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economictimes.indiatimes.com

Tesla leases office in Pune’s Viman Nagar amid India foray talks

Even as top executives of Tesla are meeting up with Indian government officials to discuss its foray into the country, the US-based electric vehicle manufacturer has picked up office space in Punes Viman Nagar locality. The companys India arm, Tesla India Motor & Energy, has leased the office...
economictimes.indiatimes.com economictimes.indiatimes.com

India card payments market to surpass $728 billion in 2027, forecasts GlobalData
economictimes.indiatimes.com

India card payments market to surpass $728 billion in 2027, forecasts GlobalData

GlobalDatas Payment Cards Analytics reveals that card payments value in India registered a strong growth of 26.2% in 2022, supported by the improving economic conditions. This trend is expected to continue in 2023 and set to grow by 28.6% to reach $337.2 billion in 2023.
economictimes.indiatimes.com economictimes.indiatimes.com
https://twitter.com/x/status/1694884799578882100
https://twitter.com/x/status/1694002118066307523
https://twitter.com/x/status/1693848152980517267
https://twitter.com/x/status/1692540381580149136
https://twitter.com/x/status/1690688975630200832
 
Rivino said:
All that is true even if we don't use the INR to pay for our international trade. INR is a freely convertible currency.
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That is the catch, malaysia soros case is tip of the iceberg what could happen, really tight and harsh control of currency stock market has to be in place, for start.
 
When can we expect pakistan to have 1/7th of money and influence india has on this world is the gap only going to worsen or is there any way out?
Is all the hopes of recovery died after removal of imran khan?
Or the new govt will make it a developed world before india is there any hope??
 
mulj said:
That is the catch, malaysia soros case is tip of the iceberg what could happen, really tight and harsh control of currency stock market has to be in place, for start.
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Soros did what he did because the currency was not feely convertible.

Besides India has a 600 Billion + foreign reserve so there are not many players who can do currency manipulation. Only G7 nations can and that would be an act of war.
 
Rivino said:
Soros did what he did because the currency was not feely convertible.

Besides India has a 600 Billion + foreign reserve so there are not many players who can do currency manipulation. Only G7 nations can and that would be an act of war.
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That is credible risk, if you are transitioning from colony up to indenpendent state towards global power you are becoming competitor in game rules are changed.
 
mulj said:
That is credible risk, if you are transitioning from colony up to indenpendent state towards global power you are becoming competitor in game rules are changed.
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Its a credible risk only if they go to war with India.

By that logic, every nuke in every country is a credible risk. But they are not considered risk because in a rational world, war is the last resort of the incompetent or the desperate.

And we can all see such bunch coming from a mile away and prepare.
 
Rivino said:
Its a credible risk only if they go to war with India.

By that logic, every nuke in every country is a credible risk. But they are not considered risk because in a rational world, war is the last resort of the incompetent or the desperate.

And we can all see such bunch coming from a mile away and prepare.
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War is not conducted only with weapons it is multidimensional thing today.
 
mulj said:
War is not conducted only with weapons it is multidimensional thing today.
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True, but who would want to pick a fight with India when they can do trade with India and make their lives better ?

Rest of the world does not think like pakistan.
 
Rivino said:
True, but who would want to pick a fight with India when they can do trade with India and make their lives better ?

Rest of the world does not think like pakistan.
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Idealistic approach, greed transformed into state aparatus prevent such utopia, frictions are always present in world affairs
 
fitpOsitive said:
Seems like a good idea.
link

Will pass through Haifa Israel.
Saudia and Germany are also included.
I don't know what is it's relevancy with GAZA, but my sixth sense says there is some relevancy. That's why Germany is actively supporting Israel and Saudia is silent over Gaza.
But if it is energy corridor, then sooner or later Greece would try to jump in. In that case, Turkey might face difficulties over oil extraction from Mediterranean. And if this project becomes a success, then what about BRI? Is China still in interested in it?

I mean a lot of ifs and buts.
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For starters India is not borrowing tens of billions to finance IMEC
 
mulj said:
Idealistic approach, greed transformed into state aparatus prevent such utopia, frictions are always present in world affairs
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There are no idealistic approach in real politik.

Even Taliban uses islam as a political tool to grab power and make money.

Greed and Fear is the only reality in this world and we all find path of least resistance to address both. Same is true for nations. Walking this path is called "world affairs".

Picking a fight with the largest nation in the world (population) is NOT the path of least resistance. Its a path of maximum resistance.

Its not like there has not been attempts to manipulate INR, but RBI has always see it and has done what is required to restore equilibrium.
 
Pointless till the war stops
 
Rivino said:
There are no idealistic approach in real politik.

Even Taliban uses islam as a political tool to grab power and make money.

Greed and Fear is the only reality in this world and we all find path of least resistance to address both. Same is true for nations. Walking this path is called "world affairs".

Picking a fight with the largest nation in the world (population) is NOT the path of least resistance. Its a path of maximum resistance.

Its not like there has not been attempts to manipulate INR, but RBI has always see it and has done what is required to restore equilibrium.
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Time will, tell, you are the weakest link among large populated states aspiring to be global factor, just do not grab bite you can not chew.
 
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