Indian Economy-News & Updates

[Bobby]

wow lot of things happening....with in 2-3 years India will happening place for entire world

 

[magudi]

@Darmashkian Telangana govt sets record with new industrial policy, clears 17 projects worth Rs 1500 crore in 10 days | The Indian Express

Dude this guy is also no douche unlike what i thought earlier

 

[East or West India Best]

wow lot of things happening....with in 2-3 years India will happening place for entire world

2-3 years oil price will go up and India will be behind pakistan. CPEC>>>>> India. Gwador port>>>>>>>> Bombay ports.

 

[Echo_419]

Cabinet
24-June, 2015 15:48 IST
Supply of iron ore to Japan and South Korea through MMTC Limited

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval to renew Long Term Agreement with Japanese and South Korean Steel Mills for supply of high grade Indian iron ore, during the three year period from April, 2015 to March, 2018. The quantities covered under the agreement will be in the range of 3.8 million tonnes to 5.5 million tonnes per year, and will be supplied primarily from the mines of the National Mineral Development Corporation (NMDC). The contract will be executed by the Metals and Minerals Trading Corporation of India Limited (MMTC) under the Department of Commerce.

Background:

Iron ore of higher grade have been supplied by India to Japan and South Korea under Long Term Agreements during the last four to five decades. These agreements will help continue this relationship and strengthen Indo-Japanese collaboration in several areas of mutual interest, including technology transfer, joint venture, investment, etc. The agreement will also help utilize surplus production of iron ore currently available in India.

*****

Bad thing we should conserve these resources & produce the steel here

@Darmashkian Telangana govt sets record with new industrial policy, clears 17 projects worth Rs 1500 crore in 10 days | The Indian Express

Dude this guy is also no douche unlike what i thought earlier

You know what on the economic front he is delivering quite good Infact better than most states

 

[magudi]

Bad thing we should conserve these resources & produce the steel here



You know what on the economic front he is delivering quite good Infact better than most states

South and west is all good bro East needs to catch up fast

 

[Echo_419]

South and west is all good bro East needs to catch up fast

Indeed I am more worried about East & North,more about the North though becuz East has some good CMs but north does not even have one specially the UP-Bihar-Bengal belt

 

[Darmashkian]

@Darmashkian Telangana govt sets record with new industrial policy, clears 17 projects worth Rs 1500 crore in 10 days | The Indian Express

Dude this guy is also no douche unlike what i thought earlier

@Echo_419
He is no douche, he is very shrewd & cunning. Also he has a brilliant team surrounding him(including his son & his nephew) which assists him in IT & industry, add to that TG is the 2nd richest state in India!!(Thanks to the bifurcation bill passed by Cong. & BJP).[Though honestly speaking his nephew also has ambitions of his own, he too dreams of becoming CM]

The Industrial policy is really good, if you personally ask me. Even scroll.in agrees
Telangana has given industrial projects ‘right to clearance’. But is it really a right?
[If scroll opposes something, you know it is good. Though the article has made some valid points]

But yes, he has made some foolish decisions in the past(getting rid of a hospital so that he can build a brand new secretary in that spot because of vaastu considerations, making a vastu expert a govt. advisor, Snatching University land(OU) to build houses for the poor. Of course he couldn't find land anywhere else in Hyderabad etc ), He has also been described as 'Tughlaq' by Congress & TDP.(Did you understand the meaning).

He has also been criticized heavily by/received a few raps from the High court for some of his schemes & ideas.[Some where considered too ridiculous, some discriminatory against Andhraites in TG]

Add to that the U-turns he has made from his campaign promises+speeches. For which the blame has fallen upon CBN & AP.

But yes, he is very abusive & is determined to build a cult of personality around himself & his family. I once posted a link where it was reported that questions about him, his family & his party were asked to students in the Examinations!!(TG-Board). One question asked even compared him to Gandhi!!(wolfchangze posted it)

He is also no Modi(look at his vote-bank politics+populist schemes he has announced+the abuse he throws around on his opponents). He is also an expert when it comes to stroking regional passions & jinogism.

Also Telangana can afford to get good investments because of the excellent Ecosystem surrounding Hyderabad(IT & Pharma created by CBN) & Electronics (created before CBN).

Due to this & the wealth of Hyderabad which has all gone to TG!! TG has a natural advantage over most states. & KCR(& his team know this)

EDIT1:- Centre has also given the 2nd richest state in India some concessions+pro-Industrial moves which will definitely help industries in India

 

[East or West India Best]

Why never any development in Punjab.

 

[Odysseus]

Forex kitty gets bigger, now at life-time high of $355.5 billion | Latest News & Updates at Daily News & Analysis

 

[Juggernautjatt]

We will engage with ISRO for launch of satellites for OneWeb: Sunil Mittal
Service that we are offering is for all telcos, not only Bharti: Sunil Bharti Mittal | Business Standard News

Why never any development in Punjab.

Because state that elect people like Badals doesn't deserve any development.

 

[luckych]

Danaher opens its largest R&D unit in Bengaluru - The Times of India

BENGALURU: Danaher Corporation, the Washington-based science and technology group, opened its largest global research and development centre in Bengaluru on Thursday. The $20-billion group, which is ranked 147 on the Fortune 500 list, said the India development centre here would be a global hub for high-end R&D.

Spread over 100,000 square-feet, the unit has a strength of 500 people. "We are looking to expand with a $100-million outlay in the next two to three years. We aim to double our headcount during that time," Jai Shankar Krishnan, president of Danaher India, told TOI.

 

[Echo_419]

Danaher opens its largest R&D unit in Bengaluru - The Times of India

BENGALURU: Danaher Corporation, the Washington-based science and technology group, opened its largest global research and development centre in Bengaluru on Thursday. The $20-billion group, which is ranked 147 on the Fortune 500 list, said the India development centre here would be a global hub for high-end R&D.

Spread over 100,000 square-feet, the unit has a strength of 500 people. "We are looking to expand with a $100-million outlay in the next two to three years. We aim to double our headcount during that time," Jai Shankar Krishnan, president of Danaher India, told TOI.

Great news this will help to create a high tech work force in the countryn

 

[Darmashkian]

@Echo_419
He is no douche, he is very shrewd & cunning. Also he has a brilliant team surrounding him(including his son & his nephew) which assists him in IT & industry, add to that TG is the 2nd richest state in India!!(Thanks to the bifurcation bill passed by Cong. & BJP).[Though honestly speaking his nephew also has ambitions of his own, he too dreams of becoming CM]

The Industrial policy is really good, if you personally ask me. Even scroll.in agrees
Telangana has given industrial projects ‘right to clearance’. But is it really a right?
[If scroll opposes something, you know it is good. Though the article has made some valid points]

But yes, he has made some foolish decisions in the past(getting rid of a hospital so that he can build a brand new secretary in that spot because of vaastu considerations, making a vastu expert a govt. advisor, Snatching University land(OU) to build houses for the poor. Of course he couldn't find land anywhere else in Hyderabad etc ), He has also been described as 'Tughlaq' by Congress & TDP.(Did you understand the meaning).

He has also been criticized heavily by/received a few raps from the High court for some of his schemes & ideas.[Some where considered too ridiculous, some discriminatory against Andhraites in TG]

Add to that the U-turns he has made from his campaign promises+speeches. For which the blame has fallen upon CBN & AP.

But yes, he is very abusive & is determined to build a cult of personality around himself & his family. I once posted a link where it was reported that questions about him, his family & his party were asked to students in the Examinations!!(TG-Board). One question asked even compared him to Gandhi!!(wolfchangze posted it)

He is also no Modi(look at his vote-bank politics+populist schemes he has announced+the abuse he throws around on his opponents). He is also an expert when it comes to stroking regional passions & jinogism.

Also Telangana can afford to get good investments because of the excellent Ecosystem surrounding Hyderabad(IT & Pharma created by CBN) & Electronics (created before CBN).

Due to this & the wealth of Hyderabad which has all gone to TG!! TG has a natural advantage over most states. & KCR(& his team know this)

EDIT1:- Centre has also given the 2nd richest state in India some concessions+pro-Industrial moves which will definitely help industries in India

@magudi @Echo_419 . expect that article I promised you by tomorrow

 

[Echo_419]

@magudi @Echo_419 . expect that article I promised you by tomorrow

K thx dude

 

[ni8mare]

Forex kitty gets bigger, now at life-time high of $355.5 billion | Latest News & Updates at Daily News & Analysis