"What has Mr Modi done since becoming prime minister? All talk, no action."

[SarthakGanguly]

Your sarcasm is now becoming trying , try something different mate.

Karu toh problem. Na karu toh bhi problem.

You do agree with what I wrote right?

 

[SecularNationalist]

I have done my MBA & CFA. I work as a currency trader in one of the largest bank in India. Now you will teach me economics.

After my ACCA i want to do CFA and i wish to work in investment banking industry in the long term.Any career advice for me?

 

[T90TankGuy]

Karu toh problem. Na karu toh bhi problem.

You do agree with what I wrote right?

No i do not , UPA 2 had degraded and needed to change which it could not . but that does not mean this govt is better.
modi came to power on a development agenda , no one talks about the economy , instead we have beef politics , modigate, dadri , bjp motormouths, and online hatred . where is the economy being discussed?
price rise is a major concern but it seems to be dwarfed by other mundane issues. this govt has lost the plot and have forgotten why they were elected in the first place. Continue down this road and we shall see a lot more repeats of yesterday.

 

[khakhi_chaddi]

After my ACCA i want to do CFA and i wish to work in investment banking industry in the long term.Any career advice for me?

Complete your CFA. Thats all.

 

[LaBong]

GDP growth is not dependent on oil price. Why is China's GDP growth lower inspite of lower oil prices.

I have done my MBA & CFA. I work as a currency trader in one of the largest bank in India. Now you will teach me economics.

Where did you do your MBA?

Since Oil is half the price before and it probably has the biggest chunk in import, naturally GDP will shoot up.

 

[SarthakGanguly]

where is the economy being discussed

And I can assure you - the economy will not be discussed once till Modi is ousted. The media will not run any such story. It will not run the Indian capitals reforms, GST, labor reforms, market booms and crashes, new infra projects, recently completed social schemes etc etc.

It will only run beef stories. And in a country of 1.3 billion it will find plenty. So I can assure you, you will not hear about economy till a different and a more media friendly PM comes to power.

 

[khakhi_chaddi]

Where did you do your MBA?

Since Oil is half the price before and it probably has the biggest chunk in import, naturally GDP will shoot up.

Price of oil affects inflation. Not GDP growth.

You have given formula for real GDP. Net export is calculated on volumes not price of imports. Even if price has reduced volume of oil import has increased. So this does not increase net exports & growth as you think.

 

[LaBong]

Price of oil affects inflation. Not GDP growth.

You have given formula for real GDP. Net export is calculated on volumes not price of imports. Even if price has reduced volume of oil import has increased. So this does not increase net exports & growth as you think.

Not sure what you said. Please read this. It's pidgin economics.

UBS: GDP Impact Of $10 Decline In Oil - Business Insider

 

[T90TankGuy]

And I can assure you - the economy will not be discussed once till Modi is ousted. The media will not run any such story. It will not run the Indian capitals reforms, GST, labor reforms, market booms and crashes, new infra projects, recently completed social schemes etc etc.

It will only run beef stories. And in a country of 1.3 billion it will find plenty. So I can assure you, you will not hear about economy till a different and a more media friendly PM comes to power.

Is the media manufacturing the beef and other issues mate? there are fringe elements in the bjp which have brought it down . lets not shoot the messenger.
plus there is no progress on the economy to be discussed hence it does not feture in the headlines , do remember there are close to 5 news channels on business .

 

[SarthakGanguly]

there are fringe elements in the bjp which have brought it down . lets not shoot the messenger.

And again I say, in a country this big, there will always be people with views. There were and there will be.

So I assure you, you will not hear anything other than a man being killed for being Muslims here, a beef issue there, some unknown man asking SRK to leave the country.

And the economy not progressing is a ridiculous argument to make. Otherwise this nation would have become a failed state in a month. Without an economy how can a country survive?

do remember there are close to 5 news channels on business .

Here are some latest reports that you may be missing regularly.

Taxmen to be ranked for timely reports | Business Standard News

UDAY is a revival plan for discoms rather than a bailout package | Business Standard News

Medium term economic outlook unchanged: Fitch | Business Standard News

 

[[Bregs]]

The pmo needs to have more pro active media relations deptt and may ministers needs to be more visible and needs to be seen working. otherwise bihar is a starts and it can be a wake up call. the mandate this govt got from common indians was for economic development, jobs and not for the issues which are bein highlighted

 

[LaBong]

No, you are oversimplifying it.

The volume of imports have increased (to build up stocks for example). It's the volume that determines the price we pay.

You can read a research paper by IMF and put your detailed analysts here but the thumb rule is every 10$ decrease of barrel price results in 0.2 percent increase in US GDP, should be same for India who imports 75% of it's oil demand.

 

[haviZsultan]

And again I say, in a country this big, there will always be people with views. There were and there will be.

So I assure you, you will not hear anything other than a man being killed for being Muslims here, a beef issue there, some unknown man asking SRK to leave the country.

And the economy not progressing is a ridiculous argument to make. Otherwise this nation would have become a failed state in a month. Without an economy how can a country survive?

The news is clearly biased and favored towards Hindus. Your entire media was celebrating Afzal Gurus hanging and bemoaning sadhvi pragyas arrest. So there is a clear difference.

 

[Bitter Melon]

India increased its volume of oil import when it built up its strategic oil reserves.

As crude prices fall, India ramps up strategic oil reserves | Business Standard News

 

[itachii]

lets be honest here... one doesn't need a huge majority like this in order to bring petty changes that we saw in the last 1.5 yrs.