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India Developing, but still a long way to go

Exactly my thought!

Considering that the whole country is virtually under construction with dozens of Metros/Highways/tunnels being built simultaneously, it makes a lot of economic sense to get into TBM construction. Would be a big shot in the arm for infrastructure development.

I really want to see TBM's in action across Himalayan borders/Kashmir moving all strategic and vulnerable roads underground and making them accessible all year round.



I think both Bangalore and Hyderabad have hard rocky substrata since they both are part of Deccan plateau while Calcutta and Delhi are soft mud with Delhi being literally in the Yamuna river bed and Calcutta built over a vast sedimented Ganges delta.

In case of Bangalore, it was painfully clear when the TBM's had a really harrowing time tunneling underneath while they had a smoother sail in Delhi.

^^^
Thanks re: feedback.

Yes, I concede your point re: Bangloreu and Hyderabdfoo.

However, whynot start a desi TBM Co., buyout one ? Ok, my civil engg. friend told me how Russia's got not just nuclear submarines, but also nuclear powered aeroplanes. I think if so, then nuclear pack powered TBM's would be like magic re: Indian infrastructure, wot ?

New Delhi's Commie era downtown skyline

india-newdelhi-banner.jpg

(c) https://www.mathworks.com/images/re...y/careers/locations/india-newdelhi-banner.jpg
 
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Forex reserves hit record USD 404.92 bn

Mumbai, Dec 29 () The country's foreign exchange reserves surged by USD 3.53 billion to touch a new lifetime high of USD 404.921 billion in the week to December 22, aided by an increase in foreign currency assets, Reserve Bank data showed today.

In the previous week, foreign exchange reserves had risen by USD 488.2 million to USD 401.385 billion.

The reserves had crossed the USD 400-billion mark for the first time in the first week of September this year but have been fluctuating since then.

Prior to this, it had touched a lifetime high of USD 402.509 billion on the back of a USD 1.782 billion surge in the week ending September 15, 2017.

In the current reporting week, the foreign currency reserves, a major component of the overall reserves, rose by USD 3.773 billion to USD 380.680 billion.

Expressed in the US dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US currencies such as the euro, the pound and the yen held in the reserves.

After remaining unchanged from past many weeks, gold reserves rose by USD 12.6 million to USD 20.716 billion.

The special drawing rights with the International Monetary Fund (IMF) rose by USD 1.8 million to USD 1.5 billion, the RBI said.

The country's reserve position with the IMF, however, declined by USD 252.2 million to USD 2.023 billion, the central bank said. HV BEN ABM

http://www.newindianexpress.com/nat...-gives-more-aid-than-it-receives-1584604.html

@Ahmet Pasha @undercover JIX @RiazHaq @Taimoor Khan @peacefan @BHarwana @xyxmt @Maxpane @Well.wisher @araz @Jaanbaz @Syed.Ali.Haider @Draco.IMF @New World
 
Forex reserves hit record USD 404.92 bn

Mumbai, Dec 29 () The country's foreign exchange reserves surged by USD 3.53 billion to touch a new lifetime high of USD 404.921 billion in the week to December 22, aided by an increase in foreign currency assets, Reserve Bank data showed today.

In the previous week, foreign exchange reserves had risen by USD 488.2 million to USD 401.385 billion.

The reserves had crossed the USD 400-billion mark for the first time in the first week of September this year but have been fluctuating since then.

Prior to this, it had touched a lifetime high of USD 402.509 billion on the back of a USD 1.782 billion surge in the week ending September 15, 2017.

In the current reporting week, the foreign currency reserves, a major component of the overall reserves, rose by USD 3.773 billion to USD 380.680 billion.

Expressed in the US dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US currencies such as the euro, the pound and the yen held in the reserves.

After remaining unchanged from past many weeks, gold reserves rose by USD 12.6 million to USD 20.716 billion.

The special drawing rights with the International Monetary Fund (IMF) rose by USD 1.8 million to USD 1.5 billion, the RBI said.

The country's reserve position with the IMF, however, declined by USD 252.2 million to USD 2.023 billion, the central bank said. HV BEN ABM

http://www.newindianexpress.com/nat...-gives-more-aid-than-it-receives-1584604.html

@Ahmet Pasha @undercover JIX @RiazHaq @Taimoor Khan @peacefan @BHarwana @xyxmt @Maxpane @Well.wisher @araz @Jaanbaz @Syed.Ali.Haider @Draco.IMF @New World

Good keep it up.
 
Big money!

India's major shortcoming is it's bad infrastructure, where it can suffer (yet it's growing at top growth rates) a
  • 1:10-25 parity over developed places/China
Going forward, India's said $ 400 Billion stash as notional collateral or 'down-payment' for the next gen. (18-25 yrs.) combined with the phenomenal turn-around in Global geo-politics in India's favour will launch Modi's India to an iterative, upwardly spiraling trajectory. Money was somewhat of a shortcoming of the Bajpayee's BJP party in the past and yet they wnet ahead with Pokhran II Vs. Modi's now who's got much less to prove.

Govt. of India's declared intent to invest $ 750 Bil. in infra. over & above the $ 250 Bil. already done.

With over $ 400 Billion in the bank re: collateral, India can raise $ 750 Billion for time variant infrastructure projects where 10 % and far less for 'down payment' is good to go. Eg. Delhi metro, or Bullet train Japanese investment.
 
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The economy Mumbai Metropolitan Region is more than $ 368 billion. The economy Delhi National Capital Region is more than $ 370 billion. The economy Kolkatta Metropolitan is around than $ 150 billion and Banglore, Hyderabad, Chennai regions is approx. $ 75 billion each, per yr.

Since infrastructre is the main bottleneck of Indian cities because of poverty, socialism and decolonization issues of the past; the future 3-5 yrs. of said cities will be good but once Modi party takes over said cities in the next election, Modification will change the face of said cities like never before.

Globalisation and it's knowledge driven IT, ITeS and BPO industries has turned Colonial Indian cities into gold mines.
I'm sure there must be some run-on/rub-off network effect on Karachi and Lahore.
 
The economy Mumbai Metropolitan Region is more than $ 368 billion. The economy Delhi National Capital Region is more than $ 370 billion. The economy Kolkatta Metropolitan is around than $ 150 billion and Banglore, Hyderabad, Chennai regions is approx. $ 75 billion each, per yr.

Since infrastructre is the main bottleneck of Indian cities because of poverty, socialism and decolonization issues of the past; the future 3-5 yrs. of said cities will be good but once Modi party takes over said cities in the next election, Modification will change the face of said cities like never before.

Globalisation and it's knowledge driven IT, ITeS and BPO industries has turned Colonial Indian cities into gold mines.
I'm sure there must be some run-on/rub-off network effect on Karachi and Lahore.


Yes Some IT Work Is Now Getting Relocated To Pakistan.
 
The economy Mumbai Metropolitan Region is more than $ 368 billion. The economy Delhi National Capital Region is more than $ 370 billion. The economy Kolkatta Metropolitan is around than $ 150 billion and Banglore, Hyderabad, Chennai regions is approx. $ 75 billion each, per yr.


Yes and this is the purchasing power parity figure and not the nominal GDP figure in USD...Pakistan PPP GDP is about 1.1 trillion USD now and many a times have read that Mumbai economy or for that matter Delhi NCR economy is bigger than Pakistan...which is factually incorrect.
 

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