Indian Economy-News & Updates

[Contrarian]

And unless we start a chip fab plant, our chip import bill will exceed our oil import bill after a decade or two.

 

[Echo_419]

And unless we start a chip fab plant, our chip import bill will exceed our oil import bill after a decade or two.

Agreed we need to bring manufacturing in India fast

Economy to grow 5.8 per cent in 2014-15, says Arvind Mayaram - Business Today

Govt taking steps to professionalise PSU bank management: FM Arun Jaitley | The Indian Express

 

[IndoCarib]

Sensex Extends Record Run amid Signals of Acche Din for Economy - NDTVProfit.com

ache din aa rahe hain !

 

[IndoCarib]

India corners $700 mn of $3 bn received by Asian equities in August, says HSBC | The Indian Express

Overall, Asian equities received USD 3 billion till August 25. Out of which, Korea received USD 1.4 billion, Taiwan (USD 800 million) and India (USD 700 million) — cornering the most inflows.

 

[cloud_9]

ADB to provide up to $9 bn loan to India over 3 years

NEW DELHI: Committing to support infrastructure development in India, Asian Development Bank today said it will provide up to 7-9 billion loan to the country over the next three years.

"ADB's operations for India will maintain high level of lending, amounting to a total of $7-9 billion over the next three years," ADB president Takehiko Nakao said here.

 

[kbd-raaf]

Modi factor: India's quarterly GDP spikes to 5.7%, highest since 2012 - Firstbiz

The projection for this quarter was 5.3% growth (taking into account the Modi effect), actual growth beats projections by 8%.

Moody's predicted 5.1% growth for this quarter. We beat that by 10%.

 

[Abingdonboy]

We beat that by 10%.

Closer to 12%

So does that mean we can expect GDP to grow by 6.6% in 2014-15?


(obviously a stupid extrapolation but no doubt India will be growing by more than the 5.5% in 2014-15 that Moody's had projected)

 

[cloud_9]

https://twitter.com/x/status/506381657775931392

 

[kbd-raaf]

Closer to 12%

So does that mean we can expect GDP to grow by 6.6% in 2014-15?


(obviously a stupid extrapolation but no doubt India will be growing by more than the 5.5% in 2014-15 that Moody's had projected)

Not stupid at all, a very valid extrapolation in my opinion.

Just watched Modi's press release in Japan. I don't speak Hindi fluently and definitely don't speak Japanese. But it almost brought a tear to my eye. No English whatsoever.

 

[Abingdonboy]

Just watched Modi's press release in Japan. I don't speak Hindi fluently and definitely don't speak Japanese. But it almost brought a tear to my eye. No English whatsoever.

Haha, I totally know what you mean!

It's been a while since a true statesmen was PM (no disrespect to Dr MMS but he simply wasn't one- he was an academic an elderly one at that).

 

[Star Wars]

Not stupid at all, a very valid extrapolation in my opinion.

Just watched Modi's press release in Japan. I don't speak Hindi fluently and definitely don't speak Japanese. But it almost brought a tear to my eye. No English whatsoever.

He has been speaking in Hindi to everyone .. It was weird seeing him talk to Putin in Hindi and Putin replying in Russian

https://twitter.com/x/status/506381657775931392

Ye Sensex kaha jaa raha hai !!

 

[SrNair]

https://twitter.com/x/status/506381657775931392

I think tomorrow would be not that good for Stock Exchange .SC order will spell some negatives in Sensex

 

[cloud_9]

I think tomorrow would be not that good for Stock Exchange .SC order will spell some negatives in Sense

I think pretty soon a profit booking season will be there.PMI and SC thing were a bit disappointing but CAD numbers were somewhat encouraging.

 

[GreenFoe]

https://twitter.com/x/status/506658315695181826

 

[kbd-raaf]

I'm sure there will be profit booking tomorrow in the two Indian exchanges. Such a massive bull run seems unrealistic.