BRICS: a step towards a new world order?

[ST1976]

India's import of cheap Russian oil scaled another record in May, 2023 and is now more than the combined oil bought from Saudi Arabia, Iraq, UAE and the U.S., industry data showed.

Russia now makes up for nearly 42% of all crude oil India imported in May, 2023. This is the highest share for an individual country in recent years.

https://www.thehindu.com/news/national/indias-import-of-russian-oil-scales-new-high-in-may/article66930404.ece

 

[ST1976]

Russia makes up 40% of Indian oil imports, dents OPEC's share​

October 20, 2023

India imported on average 1.76 million barrels per day (bpd) of Russian oil from April to September, or the first half of fiscal 2023/2024, more than double the about 780,000 bpd in the same year-ago period, tanker data from industry sources showed.

India's imports from Iraq and Saudi Arabia fell by 12% and about 23% to 928,000 bpd and 607,500 bpd, respectively, during the April-September period, the data showed.

Russia makes up 40% of Indian oil imports, dents OPEC's share

The share of Russian oil in India's overall imports rose to about two-fifths in the first half of fiscal 2023/24, consolidating Moscow's position as the top supplier as refiners curbed purchase from the Middle East, industry data showed.

www.reuters.com

 

[ST1976]

If Qataris or other arabs develop hindu phobia then they will deport them by the millions.

there is spying of Qatar? are you US, China, Russia, India? whats meaning spying for even Indonesia, how much Indonesia influence world politics like China, Russia, US, India?

while Qatar, a dog food dependent tiny country on either US or, on China, India, Russia.
this Qatar, whats price of this country other than a spy of US-Nato?

If Qataris or other arabs develop hindu phobia then they will deport them by the millions.

look, Hindus feed 'salt' to US. the link as below. the 'salt' which Qatar eat, Hindus feed to US's government

List of ethnic groups in the United States by household income - Wikipedia

en.wikipedia.org

 

[ST1976]

lol, why should Russia and Brazil side with you India against China.

i mean, we can't match China's role with India, Russia, Brazil altogether. and hence we find Yuan emerging as BRICS currency also
India has great influence on developing nations. formation of Non Aligned Movements etc, which India led.
India didn't sign NPT as the sixth nation, since nuclear test in 1974. and it is said, "the country India who didn't sign NPT since nuclear test 1974, was more powerful than those who signed NPT."

but now China is leading BRICS/developing world, sure

 

[ST1976]

Most of the world dont buy Russian oil, they replace it with Arabs oil.

Arabs are now cashing as oil price is pretty high at 90 USD per barrel. The supply is tight, this is why oil price goes up. Israel - Hamas war is also supporting high oil price.

Russian oil discount is not large, but for Indian refinery industry that discount is still good enough as India playing with big volume to supply huge Indian oil demand and also to reexport it after being refined in India.

For crude market, Saudi and Irak are quite dominating, most of crude oil that Indonesian Pertamina import comes from Saudi Arabia

look, 'Iraq' is our man . ('our' means for India-Russia combined)
with that Iran has also been always our man

 

[One_Nation]

there is spying of Qatar? are you US, China, Russia, India? whats meaning spying for even Indonesia, how much Indonesia influence world politics like China, Russia, US, India?

while Qatar, a dog food dependent tiny country on either US or, on China, India, Russia.
this Qatar, whats price of this country other than a spy of US-Nato?



look, Hindus feed 'salt' to US. the link as below. the 'salt' which Qatar eat, Hindus feed to US's government

List of ethnic groups in the United States by household income - Wikipedia

en.wikipedia.org

Indians being parasites on USA, Indians being parasites on Qatar then Qatar is dependent on India?

 

[ST1976]

Only fools believe those western lies. China and India started from roughly the same development level 70 years ago and now China's economy is over 5 times of Indias and China beats India all across the board in every economic sector, this is the hard fact even you liar Indians can't deny.

.
I would say China's economy on PPP. as below, is 'nearly' 1.5 times to India's economy, and its true

China's economy grew with high export since 80s, economic growth based on foreign money/export money, which has a share in China's GDP. this way i would say, around a third of China's GDP has influence of foreign money/export money. countries like India-Indonesia didn't let their economy driven by export/foreign money.
here we have GDP on PPP listing as below. it still hasn't properly included share of 'undocumented' part of GDP
.
=>

List of countries by GDP (PPP) - Wikipedia

en.wikipedia.org

 

[ST1976]

Only fools believe those western lies. China and India started from roughly the same development level 70 years ago and now China's economy is over 5 times of Indias and China beats India all across the board in every economic sector, this is the hard fact even you liar Indians can't deny.

also in list below, US's economy is a 'bubble' economy. US's industries have a large share of imported components. the 'value added' factors altogether in US's GDP....
hence i would say, US would be no more than 3rd place in the list below, with China on 1st place
.
=>

List of countries by GDP (PPP) - Wikipedia

en.wikipedia.org

 

[ST1976]

Properties in City Of London had an overall average price of £1,035,476 over the last year.

The majority of sales in City Of London during the last year were flats, selling for an average price of £1,019,493. Semi-detached properties sold for an average of £2,850,000, with terraced properties fetching £2,050,000.

Overall, sold prices in City Of London over the last year were similar to the previous year and 17% down on the 2018 peak of £1,248,823.

Nice

we have a news here for year 2022, as below. here, what would be the total numbers of Billionaires of South Asia as whole?
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India’s ultra-high-net-worth individuals (UHNWI) with net worth over $30 million is estimated to rise by 58.4% in the next five years to 19,119 individuals in 2027 from 12,069 in 2022. India’s billionaire population is expected to move up to 195 individuals in 2027 from 161 individuals in 2022, showed a Knight Frank India report.

India’s ultra wealthy population to grow by 58.4% in next five years, Knight Frank

The Knight Frank India report estimates that the number of ultra-high-net-worth individuals (UHNWIs) in India will rise by 58.4% in the next five years to 19,119 individuals in 2027 from 12,069 in 2022. The Indian high-net-worth-individual (HNI) population, with asset value of $1 million and...

economictimes.indiatimes.com

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Number of ultra-high-net-worth individuals in India to rise 58% in 5 yrs: Report​

Number of ultra-high-net-worth individuals in India, having net worth of over $30 million, fell 7.5 per cent last year to 12,069 but will rise to 19,119 in the next five years, according to Knight Frank.​

Number of ultra-high-net-worth individuals in India, having net worth of over USD 30 million, fell 7.5 per cent last year to 12,069 but will rise to 19,119 in the next five years, according to Knight Frank.

India’s billionaire population rose to 161 in 2022 from 145 in the previous year and is estimated to rise to 195 individuals by 2027.

Real estate consultant Knight Frank’s on Wednesday released ‘The Wealth Report 2023’.
“India’s ultra-high-net-worth individuals (UHNWI) with net worth over USD 30 million is estimated to rise by 58.4 per cent in the next five years from 12,069 in 2022 to 19,119 individuals in 2027,” the consultant said.

Number of ultra-high-net-worth individuals in India to rise 58% in 5 yrs: Report

Number of ultra-high-net-worth individuals in India, having net worth of over $30 million, fell 7.5 per cent last year to 12,069 but will rise to 19,119 in the next five years, according to Knight Frank.

indianexpress.com

 

[Muji.Iqbal]

This thread is so stupid.

How can BRICS challenge the West as long as China and India are enemies?

Kick out India for Pakistan in BRICS

 

[ST1976]

a news as below:
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=>
Jul 09, 2023

The middle class is the fastest-growing major segment of the Indian population in both percentage and absolute terms, rising at 6.3 percent per year between 1995 and 2021. It now represents 31 percent of the population and is expected to be 38 percent by 2031 and 60 percent in 2047. More than one billion Indians will make up the middle-class when India will turn 100. These are the figures from PRICE ICE 3600 surveys based on primary data.

How the middle class will play the hero in India's rise as world power

Imagine desi companies easily growing into global biggies supported by vast domestic scale. Growing disposable incomes, along with the rise of the middle class, will make India a consumption powerhouse.

economictimes.indiatimes.com

 

[etylo]

.
I would say China's economy on PPP. as below, is 'nearly' 1.5 times to India's economy, and its true

China's economy grew with high export since 80s, economic growth based on foreign money/export money, which has a share in China's GDP. this way i would say, around a third of China's GDP has influence of foreign money/export money. countries like India-Indonesia didn't let their economy driven by export/foreign money.
here we have GDP on PPP listing as below. it still hasn't properly included share of 'undocumented' part of GDP
.
=>

View attachment 966691

List of countries by GDP (PPP) - Wikipedia

en.wikipedia.org

China's PPP GDP is 2.5, not 1.5, times of that of India according to your chart.

 

[ST1976]

This thread is so stupid.

How can BRICS challenge the West as long as China and India are enemies?

Kick out India for Pakistan in BRICS

no mate, India-China more co-operate with each others. we have Russia in middle who share information between India & China....
with help of allies like Russia- Iran, India and China are having more a sense of 'together'

 

[ST1976]

China's PPP GDP is 2.5, not 1.5, times of that of India according to your chart.

have a look on the graph as below, this is the trend of US-EU economies and its effects on Chinese economy, along with their Western trade partners shown since 2010.
means, i would reduce Chinese economy by a margin of considering fall of US-West-NATO, as to only 1.5 times of Indian economy.....
around a third of CHinese economy would have influence of export/foreign money, which would be deducted with 'bubble' economy of US-NATO
US-West has a large share of imported components in their industries, having big share of 'value added' share in GDP.

right now, "the US-NATO are borrowing debt to buy/import Chinese-Asian products".
and here CHina would thank to US-EU for borrowing debt and giving a time to settle export dependent economy, the China

China - Total Reserves (% Of Total External Debt) - 2024 Data 2025 Forecast 1981-2022 Historical

Total reserves (% of total external debt) in China was reported at 138 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Total reserves (% of total external debt) - actual values, historical data, forecasts and...

tradingeconomics.com

 

[etylo]

have a look on the graph as below, this is the trend US-EU economies and its effects onChinese economy, along with their Western trade partners shown since 2010.
means, i would reduce Chinese economy by a margin of considering fall of US-West-NATO, as to only 1.5 times of Indian economy.....
around a third of CHinese economy would have influence of export/foreign money, which would be deducted with 'bubble' economy of US-NATO
US-West has a large share of imported components in their industries, having big share of 'value added' share in GDP.

right now, "the US-NATO are borrowing debt to buy/import Chinese-Asian products".
and here CHina would thank to US-EU for borrowing debt and giving a time to settle export dependent economy, the China

China - Total Reserves (% Of Total External Debt) - 2024 Data 2025 Forecast 1981-2022 Historical

Total reserves (% of total external debt) in China was reported at 138 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Total reserves (% of total external debt) - actual values, historical data, forecasts and...

tradingeconomics.com

Keep your dream, go make up any number you like, India is indeed many times more developed and richer than China as Indians like to put it.