lhuang
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Indian Economy-News & Updates
- Thread starter Flintlock
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Chanakyaa
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once again my thread got merged with existing one.
why do the "negative" threads about India are always left "free" whiile those of India's progress are "deliberately hidden" ?
In India we love to hear progress in Europe , US and China as it inspires us to repeat the same.
You must be bold to admire the progress ( of ur enemy ) if not u can never understand the competition u r facing and the targets u have to achieve.
why do the "negative" threads about India are always left "free" whiile those of India's progress are "deliberately hidden" ?
In India we love to hear progress in Europe , US and China as it inspires us to repeat the same.
You must be bold to admire the progress ( of ur enemy ) if not u can never understand the competition u r facing and the targets u have to achieve.
thanks man. wow india is quite far ahead, well done guys.
we need to work hard as well now.
Archie
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he is right , devide the gdp with the populations and the figures will not differ by more than 10-15 %
he is right , devide the gdp with the populations and the figures will not differ by more than 10-15 %
yes ok, you could say that, and make excuses, but i've just seen the work that is going on in india, and other places too, and then looked at pakistan and i thought "What the **** are we doing?" every country is developing other pakistan and it pisses me off. It depresses me that we are not doing anything. To be honest, we can't compare with any country. india is building infrastructure, trams, metros, buses, nice housing, and much more, they deserve all they are doing because they are working hard for it. my anger is not towards the indian progress, it is toward ourselves and our leaders, we elect our leaders, we are to blame, we elect them again and again and they steal and steal. what the **** are we doing, just a few builidings which will never be finished anyway, dams which will "supposedly" finish 2030, if we are lucky. many of the projects have been halted or either been scraped. hooper dam was built in 4 years only in the last century, and we are giving deadlines for the next 20 years, again if we are lucky.
look at singapore, now that is what you call developed, where the hell are we? just saw work on new cities projects in india, under construction, looks amazing, they are working, not scrapping or holding projects. we are doing nothing. if we wait like this, then every country will be developed and we will be the only 3rd world country left. we are not developing. im sorry im so pissed off, but spent 3 hours looking at various sites and just found out that i was under the delusion that we are actually getting somewhere, but compared to other places we are doing nothing. all we do is dance on the streets when the corrupt criminals are elected again and again to lead us. break banks and atm machines and cars when they betray us. should elect imran khan and see what happens, 2 years in this government, we got nothing but extra hours of darkness, higher bills, more negativity and hatred from the world, and more misery. *sigh*
this post is not directed towards any individual, just to be clear, don't want a war directed at me please.
once again, congrats to india and china for what they are doing for their people, and i do dua that we get somewhere too, soon. apologies for posting it here, but was just replying to the posts above, i will not post here again as this forum is for indian economy and not for my cries and neverending dilemmas.
thinkingcap81
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^^^^^^ You are being too negative. Every country goes through ups and downs. Right now Pakistan is in the dumps. India was is a stupid economic shape in 90-91. Somewhere down the line due to some prudent decisions we are in a better position now. Pakistan needs such a thing to happen.
My personal opinion is that the Pakistan army is the worst offender. It is common to read comments from Pakistani members that the army has to step in since the politicians are rotten. Let me say this, by and large Indians politicians too fall in the rotten category.
One reason why India has a better breed to top politicians in comparison to Pakistan is that the civilian government was never threatened militarily. When was the civilian leadership allowed to really flourish in Pakistan? Pakistan and India are similar in many aspects. It has taken a long time for at least some of our politicians to think good about our country. Same gestation time should have been provided for Pakistan but alas...
India will not take any unprovoked military action against Pakistan. So there is ample opportunity for Pakistan to get its policies right. Gradually reduce dependence on the military. Even your Mr. 10% will do good for Pakistan. Pakistan army needs to genuinely step back and not just put on a show of subservience towards the elected civilian leadership.
One needs to understand that there is a fundamental difference between a civilian leadership and a military one. The military should do what it does best - defending and promoting the interests if the country through militaristic means only. It has no business in any other sphere.
It requires an awareness on the part of the people that their country is destined for greatness. The Chinese surely believe that they are destined to be a great power. Indians are gradually beginning to believe in themselves. Steady growth in the right way will make Pakistanis confident too. The rest will follow naturally.
My personal opinion is that the Pakistan army is the worst offender. It is common to read comments from Pakistani members that the army has to step in since the politicians are rotten. Let me say this, by and large Indians politicians too fall in the rotten category.
One reason why India has a better breed to top politicians in comparison to Pakistan is that the civilian government was never threatened militarily. When was the civilian leadership allowed to really flourish in Pakistan? Pakistan and India are similar in many aspects. It has taken a long time for at least some of our politicians to think good about our country. Same gestation time should have been provided for Pakistan but alas...
India will not take any unprovoked military action against Pakistan. So there is ample opportunity for Pakistan to get its policies right. Gradually reduce dependence on the military. Even your Mr. 10% will do good for Pakistan. Pakistan army needs to genuinely step back and not just put on a show of subservience towards the elected civilian leadership.
One needs to understand that there is a fundamental difference between a civilian leadership and a military one. The military should do what it does best - defending and promoting the interests if the country through militaristic means only. It has no business in any other sphere.
It requires an awareness on the part of the people that their country is destined for greatness. The Chinese surely believe that they are destined to be a great power. Indians are gradually beginning to believe in themselves. Steady growth in the right way will make Pakistanis confident too. The rest will follow naturally.
Japan, India to Sign Free Trade agreement
By ANDREW MONAHAN
TOKYO –Japan's government said Tuesday it will sign a free trade agreement with India on Wednesday,
bolstering ties with the fast-growing South Asian economy with which it shares a mutual concern about larger economic rival China.
The agreement will make Japan and India each other's biggest free-trade partners, and will do away with tariffs on 94% of trade between the two countries within 10 years, according to local media reports.
The deal comes days after official data showed Japan ceded its place as the world's second largest economy to China in 2010. China's growing market for Japanese goods has galvanized corporate Japan. But many business leaders say the risk of diplomatic flare-ups with China highlight the need for more partnerships, like the one with India.
Closer ties with India could potentially open the way for Japanese investment in the development of rare-earth minerals, used in a wide range of products such as cellular phones, analysts say.
In October, India's Prime Minister Manmohan Singh agreed with Japanese Prime Minister Naoto Kan in Tokyo that the two countries would explore cooperation in the development of rare earth resources. Japan has sought alternative supplies since China cut shipments last year amid a territorial spat.
Takeshi Matsunaga, a Japanese foreign ministry spokesperson, said the agreement won't likely refer directly to rare earths, but could make it easier for Japanese firms to invest in development of the key resource in India.
"Diversifying the sources of rare earths and other natural resources is a major effort" of the government, Mr. Matsunaga said.
The agreement will span a large variety of industries, including agriculture, he said. Yet with rice an ever delicate issue for Japan, the agreement won't affect pre-existing tariffs on that staple, Mr. Matsunaga said.
The pact also marks Japan's latest effort to catch up with Korea, which has leveraged its trade agreements to increase the global competitiveness of its electronics, nuclear power and other sectors.
Mr. Kan has been pushing for Japan to join negotiations for a Trans Pacific Partnership that would include the U.S., despite fierce opposition from Japan's agriculture sector.
The deal with India will likely hearten a range of Japanese exporters, from electronics to auto makers. Suzuki Motor Corp. Chairman and CEO Osamu Suzuki said last year "we will remain handicapped unless Japan reaches an FTA deal with India as soon as possible."
Japanese players in the big-ticket global market for civilian nuclear power projects, such as Hitachi Ltd., will also likely welcome the agreement. The pact should be seen as a positive sign for separate, ongoing negotiations between Japan and India launched last year toward a civilian nuclear deal.
Japan, India to Sign Free Trade Pact - WSJ.com
By ANDREW MONAHAN
TOKYO –Japan's government said Tuesday it will sign a free trade agreement with India on Wednesday,
bolstering ties with the fast-growing South Asian economy with which it shares a mutual concern about larger economic rival China. The agreement will make Japan and India each other's biggest free-trade partners, and will do away with tariffs on 94% of trade between the two countries within 10 years, according to local media reports.
The deal comes days after official data showed Japan ceded its place as the world's second largest economy to China in 2010. China's growing market for Japanese goods has galvanized corporate Japan. But many business leaders say the risk of diplomatic flare-ups with China highlight the need for more partnerships, like the one with India.
Closer ties with India could potentially open the way for Japanese investment in the development of rare-earth minerals, used in a wide range of products such as cellular phones, analysts say.
In October, India's Prime Minister Manmohan Singh agreed with Japanese Prime Minister Naoto Kan in Tokyo that the two countries would explore cooperation in the development of rare earth resources. Japan has sought alternative supplies since China cut shipments last year amid a territorial spat.
Takeshi Matsunaga, a Japanese foreign ministry spokesperson, said the agreement won't likely refer directly to rare earths, but could make it easier for Japanese firms to invest in development of the key resource in India.
"Diversifying the sources of rare earths and other natural resources is a major effort" of the government, Mr. Matsunaga said.
The agreement will span a large variety of industries, including agriculture, he said. Yet with rice an ever delicate issue for Japan, the agreement won't affect pre-existing tariffs on that staple, Mr. Matsunaga said.
The pact also marks Japan's latest effort to catch up with Korea, which has leveraged its trade agreements to increase the global competitiveness of its electronics, nuclear power and other sectors.
Mr. Kan has been pushing for Japan to join negotiations for a Trans Pacific Partnership that would include the U.S., despite fierce opposition from Japan's agriculture sector.
The deal with India will likely hearten a range of Japanese exporters, from electronics to auto makers. Suzuki Motor Corp. Chairman and CEO Osamu Suzuki said last year "we will remain handicapped unless Japan reaches an FTA deal with India as soon as possible."
Japanese players in the big-ticket global market for civilian nuclear power projects, such as Hitachi Ltd., will also likely welcome the agreement. The pact should be seen as a positive sign for separate, ongoing negotiations between Japan and India launched last year toward a civilian nuclear deal.
Japan, India to Sign Free Trade Pact - WSJ.com
ajay
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[AFP: Japan, India sign free trade pact
TOKYO — Japan and India signed a free trade pact Wednesday under which the high-tech nation and the South Asian population giant pledged to scrap tariffs on 94 percent of goods within a decade.
TOKYO — Japan and India signed a free trade pact Wednesday under which the high-tech nation and the South Asian population giant pledged to scrap tariffs on 94 percent of goods within a decade.
OldKool
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the biggest lesson India can give to others is never give up.We took 30 years to make LCA we could have stopped thinking it totally nonviable but that would have not paved the way for future developments in aerospace.Never give up ,keep on trying because if end is well all is well.
Water Car Engineer
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Metals Demand in India May Double on Transport, Power Projects
Metals Demand in India May Double on Transport, Power Projects - Bloomberg
Metals Demand in India May Double on Transport, Power Projects - Bloomberg
Israel to invest Rs 40,000 crore (US$ 9 billion) in MP
BHOPAL: Israel has evinced interest to make a whopping investment of nearly Rs 40,000 crore in sectors like agriculture, horticulture, aquaculture and dairy in Madhya Pradesh.
"A team of Indo-Israel Chamber of Commerce led by Embassy of Israel Economic Counsellor Mouneer Agbariya recently met state government officials and showed interest to invest nearly Rs 40,000 crore in Madhya Pradesh," PHD Chamber of Commerce and Industry State Director Rajendra Kothari told PTI today.
Under agriculture investments, the Israelis want to open an agriculture university in Madhya Pradesh to train farmers, students and officers, improve productivity and bring it to the international level in next 10 years, Kothari said.
Israel is keen to invest in agriculture, horticulture, aquaculture and dairy sectors in Madhya Pradesh, he said.
He said the team held meetings with Principal Secretary, Agriculture and Cooperative Department, PS Horticulture and Food Processing and Director Horticulture adding that the second-round of talks regarding investments will take place in March.
Kothari said that the Israel government has cleared the overseas investments of its private concerns.
He said that Israel was doing farming and dairy business with minimum resources and maximum technology and its productivity was at international level.
Kothari said that though Israel records a scant rainfall of 10 inches, its agriculture and farm production was very high.
He said that an Israeli cow gives 40 litres milk per day whereas the bovine milk production capacity in Madhya Pradesh was just two litres a day.
Israel to invest Rs 40,000 cr in MP - The Times of India
BHOPAL: Israel has evinced interest to make a whopping investment of nearly Rs 40,000 crore in sectors like agriculture, horticulture, aquaculture and dairy in Madhya Pradesh.
"A team of Indo-Israel Chamber of Commerce led by Embassy of Israel Economic Counsellor Mouneer Agbariya recently met state government officials and showed interest to invest nearly Rs 40,000 crore in Madhya Pradesh," PHD Chamber of Commerce and Industry State Director Rajendra Kothari told PTI today.
Under agriculture investments, the Israelis want to open an agriculture university in Madhya Pradesh to train farmers, students and officers, improve productivity and bring it to the international level in next 10 years, Kothari said.
Israel is keen to invest in agriculture, horticulture, aquaculture and dairy sectors in Madhya Pradesh, he said.
He said the team held meetings with Principal Secretary, Agriculture and Cooperative Department, PS Horticulture and Food Processing and Director Horticulture adding that the second-round of talks regarding investments will take place in March.
Kothari said that the Israel government has cleared the overseas investments of its private concerns.
He said that Israel was doing farming and dairy business with minimum resources and maximum technology and its productivity was at international level.
Kothari said that though Israel records a scant rainfall of 10 inches, its agriculture and farm production was very high.
He said that an Israeli cow gives 40 litres milk per day whereas the bovine milk production capacity in Madhya Pradesh was just two litres a day.
Israel to invest Rs 40,000 cr in MP - The Times of India
India proposes US$9bn fund for DMIC
The proposal was made by Commerce and Industry Minister Anand Sharma, in Tokyo during his meeting with the Japanese Prime Minister, Naoto Kan.
India on Tuesday proposed a US$9bn joint ‘revolving fund' with Japan to finance and kick-start work on the proposed Delhi Mumbai Industrial Corridor (DMIC) to shore up its creaky infrastructure.
The proposal was made by Commerce and Industry Minister Anand Sharma, in Tokyo during his meeting with the Japanese Prime Minister, Naoto Kan.
He apprised the Japanese Prime Minister on the current status of the industrial and transport link between Delhi and Mumbai. The DMIC corridor project was started in 2007 and is financed by the Japanese Government, yen loans from Japan and investment from Japanese companies.
Sharma, who is currently in Japan to sign a Free Trade Agreement (FTA), also expressed satisfaction on the conclusion of negotiations for the Comprehensive Economic Partnership Agreement with Japan.
Sharma told Kan that India needs US$550bn in infrastructure investment over the next five years and another US$1 trillion in the five years after that.
When finished the DMIC will include a high-speed rail freight network, three new sea ports and six airports. It is expected to attract investment of more than US$100bn.
India proposes US$9bn fund for DMIC
The proposal was made by Commerce and Industry Minister Anand Sharma, in Tokyo during his meeting with the Japanese Prime Minister, Naoto Kan.
India on Tuesday proposed a US$9bn joint ‘revolving fund' with Japan to finance and kick-start work on the proposed Delhi Mumbai Industrial Corridor (DMIC) to shore up its creaky infrastructure.
The proposal was made by Commerce and Industry Minister Anand Sharma, in Tokyo during his meeting with the Japanese Prime Minister, Naoto Kan.
He apprised the Japanese Prime Minister on the current status of the industrial and transport link between Delhi and Mumbai. The DMIC corridor project was started in 2007 and is financed by the Japanese Government, yen loans from Japan and investment from Japanese companies.
Sharma, who is currently in Japan to sign a Free Trade Agreement (FTA), also expressed satisfaction on the conclusion of negotiations for the Comprehensive Economic Partnership Agreement with Japan.
Sharma told Kan that India needs US$550bn in infrastructure investment over the next five years and another US$1 trillion in the five years after that.
When finished the DMIC will include a high-speed rail freight network, three new sea ports and six airports. It is expected to attract investment of more than US$100bn.
India proposes US$9bn fund for DMIC
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