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How is the plan?

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Will be 22.4%? What about now?

Your Blog is infected with Virus. So, Kindly no one open his Links. I faced the problem sometime ago.

Any Tom and harry can write a free blog for Zillion reason, Hell even reasons are not even in 3 digit. I can write 1,000 reasons "A Zillion reasons to escape from Pakistan nowwwwwwwwww"

Post something new. I am tired with such things again and again. :lol:
 
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^^You've posted those links a billion times. You are spamming now.

No one is interested in your garbage. Average Indian is still a lot RICHER than average pakistani.

That's a fact. Even your govt has to kiss American rear and get IMF bailout. And you can't even pay those debts back. That is your reality.

Try hard to show false data on your blog, but it's still India > pak and will remain so.
 
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Will be 22.4%? What about now?

And using which poverty line? India's? You gotta be kidding!

Let's face it. India's a mess, and it's getting worse! The "Shining India" story is unraveling.

Haq's Musings: Indian Economy Slowing to "Hindu Rate of Growth"?

A Zillion reasons to escape from India

no buddy check that link again , it says using world bank international poverty line of 1.25 $ .Today it must be around 30 % .

Get educated bro please . i feel sad for you now .
 
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Guys, this thread is for indian economy and it is not a vs pak thread. so just ignore the distraction.

census2011-paper2-lit1.png
 
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I think it has been settled that India is ahead of Pakistan in all relevant metrices, be it per capita income, size of economy (order of magnitude), growth rates, education, high tech sector, social indicators including HDI, social stability as indicated by failed state report etc.

So we can give these useless comparisons a rest and move on with life. That means just focus on economic news from India.
 
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I think it has been settled that India is ahead of Pakistan in all relevant metrices, be it per capita income, size of economy (order of magnitude), growth rates, education, high tech sector, social indicators including HDI, social stability as indicated by failed state report etc.

So we can give these useless comparisons a rest and move on with life. That means just focus on economic news from India.

Leave it bro . Let it rest , the neutral people will look at all sources on the net and come to their conclusions and they certainly won't be visiting or believing some Haq's blog . nothing else matters.

concentrate on indian economy and keep posting news
 
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So a big part of it was short-term investment in equities rather than the more permanent FDI.

Such short term investments are known as hot money which can cause instability because it can leave as quickly as it comes in.

Spurred by a tidal wave of hot money from the US Federal Reserve stimulus, the big drop in Indian FDI has been largely offset by the surge in FII in the last two years. In fact, the outflow of $15 billion was more than made up by inflows of $29 billion — their highest ever — in 2009-10. This level was largely maintained in 2010-11 as well, with a small increase. These hot money inflows continue to be a source of instability in the face of the Indian Central Bankers attempts to cool rising inflation. Such hot money inflows accounted for 58% of India's forex reserves in March 2010 compared to 47.9% in 2009, according to the Financial Express.

Haq's Musings: Indian Economy Slowing to "Hindu Rate of Growth"?

Indian economy has gone down to 7.8 and 7.7 % for two quarters this year from 8 % and you are dreaming of 3% ? ( as the hindu rate of growth used to be called) .

The rate has been deliberately cooled down to control inflation which is high though much lower than Pakistan . Once inflation comes back under control it will go back to 8 %+

Gosh ...
 
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^^You've posted those links a billion times. You are spamming now.

No one is interested in your garbage. Average Indian is still a lot RICHER than average pakistani.

That's a fact. Even your govt has to kiss American rear and get IMF bailout. And you can't even pay those debts back. That is your reality.

Try hard to show false data on your blog, but it's still India > pak and will remain so.

"NO ONE" mean a "NOBODY" like you!

Since you can't deal with the facts and data from the independent credible sources that I quote, you resort to lying. Shame on you!

---------- Post added at 02:09 PM ---------- Previous post was at 02:08 PM ----------

Indian economy has gone down to 7.8 and 7.7 % for two quarters this year from 8 % and you are dreaming of 3% ? ( as the hindu rate of growth used to be called) .

Gosh ...

India-GDP-2012.jpg


Haq's Musings: Indian Economy Slowing to "Hindu Rate of Growth"?
 
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We need to take our literacy rate above 90%.

That'll really speed up our development process. According to govt this should happen by the next decade. and "Education For All" by 2015.

Country will be fully literate by 2020 says govt | APN News

Census: India's literacy rate rises by 9.2 pc - India News - IBNLive


"NO ONE" mean a "NOBODY" like you!

Since you can't deal with the facts and data from the independent credible sources that I quote, you resort to lying. Shame on you!

ROFL
 
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"NO ONE" mean a "NOBODY" like you!

Since you can't deal with the facts and data from the independent credible sources that I quote, you resort to lying. Shame on you!

---------- Post added at 02:09 PM ---------- Previous post was at 02:08 PM ----------



India-GDP-2012.jpg


Haq's Musings: Indian Economy Slowing to "Hindu Rate of Growth"?

Thanks for proving my point with that graph . Indian economy has just slowed down to 7.7 percent and in just one quarter .

Hindu growth rate was 3% . Once inflation is handled , the economy will go back to 8 % . Handling inflation is the first priority right now .

btw 7.7 % is still one of the fastes in the world and much faster than Pak's growth rate .

---------- Post added at 02:18 AM ---------- Previous post was at 02:17 AM ----------

We need to take our literacy rate above 90%.

That'll really speed up our development process. According to govt this should happen by the next decade. and "Education For All" by 2015.

Country will be fully literate by 2020 says govt | APN News

Census: India's literacy rate rises by 9.2 pc - India News - IBNLive




ROFL

I personally dont see india becoming 100% literate by 2020 but yeah by 2030 surely .
 
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Here's a news report on India's slowing car sales:

Passenger car sales in India grew at a scorching 30% in 2010-11 (April-March). But with rising interest rates on auto loans and a sharp rise in petrol prices, car sales this year have slowed down to a crawl.

In fact passenger car sales crashed 16% in July and 10% in August, according to data by Society of Indian Auto Manufacturers (SIAM). Strike at Maruti Suzuki’s plant in Manesar, which had hit output of one of its most selling cars, the Swift hatchback, has only added to the pressure on overall industry sales.

SIAM has already cut its growth forecast for car sales to 10-12% from earlier 16-18%. Last month it said it would further downgrade growth forecast for the full year.

Research firm Crisil painted a bleak picture earlier in the week, saying it expects "growth in passenger vehicles to decelerate sharply to 2-4% with domestic cars growing at a mere 0-3% as against earlier forecast of a growth of 8-10%."

Crisil said its latest downgrade was prompted by Rs 3 rise in petrol price and 25 basis points hike in interest rates by Reserve Bank of India in September.

Other analysts, like Nikhil Deshpande of Pinc Research and Sejal Jhunjhunwala of Way2Wealth Securities too agree that sentiments are not looking good this year, despite the ongoing festive season.

"Automakers had expected car sales to pickup in the festive season. But there were two conditions -- interest rate hike cycle would peak out and fuel prices wouldn’t rise. But there has been no respite on either front," Deshpande told moneycontrol.com

No wonder then the automakers are going all out to tempt customers now, with more offers this year than last year, in the hope that people will spend impulsively during Dassera-Diwali. Fiat India, for instance, is offering benefits up to Rs 1.30 lakh on its Linea sedan, and Rs 75,000 on the Punto hatchback. Fiat’s offer includes insurance at Rs 1, exchange benefits, gift cheque and free road side assistance for 50 months.

Discounts galore as passenger car sales hit speed bumps - Moneycontrol.com -
 
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Most India automakers post higher September sales

MUMBAI (MarketWatch) -- Most Indian auto makers, including Tata Motors Ltd. , Mahindra & Mahindra Ltd. and the local unit of Hyundai Motor Co. HYMLY 0.00% , posted higher sales in September as an anticipated demand spurt in the festive season encouraged them to ship more vehicles to dealers.

But India's biggest car maker by sales, Maruti Suzuki India Ltd. , posted a decline for the third straight month on production cuts and lower demand.

Higher fuel costs and interest rates have impacted demand for vehicles in Asia's no. 3 auto market. But companies expect demand to improve in the festive season, which started in late September, as the time is considered auspicious by many to make purchases.

The India unit of Suzuki Motor Corp. sold 85,565 units during September, down 21% on year. Domestic sales fell 17% to 78,816 units while exports fell 48% to 6,749 units. Maruti sold lower units of almost all its car models, except the Swift DZire sedan which rose 10% to 9,411 units.

The company lost production of 800 cars a day on an average last month due to labor unrest at a factory at the north Indian state of Haryana, which ended Friday. It continues to make lower number of cars than usual but aims to make up for the production loss in a few weeks after a new assembly line at its north India plant is operational, it said recently.

Maruti's rival Hyundai sold 57,808 vehicles during the month, up 12% on year. Local sales grew 13% to 35,955 units while exports grew 11% to 21,853 units.

Tata Motors, India's biggest auto maker by sales, sold 78,786 vehicles during September, higher by 22% on year. The company sold 46,247 trucks and buses in the month, up 29% on year.

Passenger vehicle sales grew 10% to 26,319 units. Sales of its Nano minicar however fell 47% to 2,936 units. Total exports rose 23% to 6,220 units.

sold 12,807 units during the month, more than double of last year, backed by volumes of its Etios sedan and Etios Liva small car.

TVS Motor Co. sales grew 17% to 219,369 units during the month, on robust two-wheeler demand

http://www.marketwatch.com/story/most-india-automakers-post-higher-september-sales-2011-10-01

---------- Post added at 05:55 AM ---------- Previous post was at 05:52 AM ----------

Maruti Suzuki to double sales network by 2015 across India

30 September, 2011

The country’s largest carmaker Maruti Suzuki India (MSI) on Thursday said it aims to double its sales network by 2015 across India with a focus on small towns and cities.

MSI on Thursday announced opening of its 1,000th sales showroom for its products in Surat, Gujarat, as a part of the strategy to expand into tier-II and tier-III cities across the country.

“Network expansion is strategic to our business and we would continue to focus on it. We target to double our sales network in next five years, in line with the company’s sales plan,” MSI Managing Director and CEO Shinzo Nakanishi said in a statement.

Besides the plan to increase the number of car outlets, the company has also undertaken an initiative of upgrading its three year old showrooms under project ‘Nav Nirman’.

“The objective of ‘Nav Nirman’ is to provide customers uniform buying experience across the country,” it added.

Meanwhile, the company which is facing labour unrest at its Manesar plant, said it has rolled out 690 Swift cars combined from Gurgaon and Manesar facilities today.

It also produced 60 units of A-star and SX4 models from Manesar plants.

“In the last two days, in addition to Swift, the company has also started making these two models at Manesar where focus until now remained on attaining normal production levels for Swift model,” the company said in a separate statement.

Currently, there are 1,500 people available for production at Manesar plants. This includes 1,120 experienced and trained technicians brought in by the company in the last few days, it added.

Car News India | Maruti Suzuki to double sales network by 2015 across India
 
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Month-long strike at Maruti's Manesar plant ends

NEW DELHI: Maruti Suzuki , India's top car maker, said a month-long strike at one of its plants that severely hit production ended on Saturday after workers agreed to sign discipline agreements.

Workers at Maruti's Manesar factory in Haryana walked out on August 29 after the company demanded they sign a "good conduct bond", saying some had engaged in sabotage.


A Maruti spokesman said in a statement on Saturday it reached a "settlement" and that all workers had agreed to sign the "good conduct bond".

Maruti will not pay the striking workers for the period of the strike, the spokesman said, adding the 44 employees against whom it had taken disciplinary action would not be taken back.

Representatives of the workers were not available for comment.

Maruti, 54.2 percent owned by Japan's Suzuki Motor , had said it would not compromise with the workers who were refusing to sign the discipline agreement, and was steadily hiring new employees.

In June, about 800 workers went on a 13-day strike at the plant, crippling production and leading to more than $90 million in lost output.

The company did not give a figure for the production loss in the latest strike. It is due to release sales figures for September later on Saturday.

Month-long strike at Maruti's Manesar plant ends - The Economic Times

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Several India Auto Makers Post Higher Sales In Sept, Maruti Volumes Fall due to strike

Read more: Several India Auto Makers Post Higher Sales In Sept, Maruti Volumes Fall | Fox Business
 
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Here's an excerpt from a NY Times story on India's slowing economy:

Most countries would be thrilled to have a growth rate of more than 7 percent, but for India, which strode at a 9 percent pace before the financial crisis of 2008 and hit 8.5 percent last year, it would be a significant letdown. Slower growth would mean fewer Indians climbing out of poverty and could help spur greater social unrest.

And it would pose yet another challenge to the global economy, which is increasingly depending on emerging markets like India and China to make up for stagnation in the West.

The Indian slowdown was in the making long before most analysts were concerned about a double-dip recession in industrialized nations. Private investment has been sliding since late last year and once-robust car sales have decreased in recent months. Indian stocks began falling in November and are now down more than 24 percent from their high. Moreover, inflation has been hovering at nearly 10 percent even after the Reserve Bank of India raised interest rates 11 times in less than two years.

“Today, the economy is running on the engine speed achieved some time ago,” said R. Gopalakrishnan, an executive director at the Tata Group, India’s largest business conglomerate. Stressing that he was speaking for himself and not his company, he added, “It’s not sputtering to an end, but it’s slowing down.”

The new economic worries are occurring while the Indian government has been preoccupied with the biggest protests the country has seen in nearly two decades.
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Now, analysts said, the government is unlikely to act on the land and retail measures for several months, if not longer. Even as markets elsewhere were relatively stable, India’s benchmark Nifty stock index fell 1.9 percent on Friday, to its lowest level in 14 months.

Furthermore, many analysts say the government is unlikely to push big reforms next year because India’s largest and one of its poorest states, Uttar Pradesh, will go to the polls in 2012. Federal elections are due in 2014.

Still, some business leaders say the corruption movement has demonstrated that the government, which is run by a coalition led by the Congress Party, may no longer be able to postpone difficult policy decisions. Many of the most vocal protesters at Mr. Hazare’s rallies have been people 25 or younger — a group that makes up about half India’s population.

“The middle class has been created; it wasn’t there 30 years ago,” said Mr. Gopalakrishnan, the Tata executive. “And their aspirations have been created. There is an energy there that has come out of human passion. Being standstill and letting this putter out is not an option.”


http://www.nytimes.com/2011/08/27/b...my-to-its-corruption-woes.html?pagewanted=all
 
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