What's new

'IRNSS-1A - The Star of Navigation'

Gurs stop BS like Con-BJP wars.

BTW Russian Proton M rocket carrying three GLONASS satellites has exploded during launch


:coffee:
 
.
Gurs stop BS like Con-BJP wars.

BTW Russian Proton M rocket carrying three GLONASS satellites has exploded during launch


:coffee:

Yeah great.... stop the BJP vs Cong troll war and start the next one instead of it?
 
.
Please read up on LTFP. The problem was recognised. And steps were being put in place. The BoP forced acceleration. As far as gradual? Do you mean pledging your gold reserves is gradual? No, its a drastic step. The reason they could not do away with industrial licensing was not because they wanted to do it gradually. But, because they had to put laws in place and pass things through Parliament. Do you have any idea what the IRDA was or what the NTPs were?

Dude, seriously. just stop. You have just agreed to my point that the reforms were forced. So just stop. You want to discuss this, start a different thread. And please do not assume that because this is a defence forum, nobody knows economics or has studied economic history or macroe/microconomic theories or growth/development models or econometrics or financial economics or monetary economics or international economics or economic modelling. Hope I made my point clear. you are way out of your depth here. Ok?

Jesus! DO you know what the meaning of 'reform' is? PLedging of gold as a desperate act to save your @$$ is not 'reform', creating a fundamentally different policy structure is- that took time, hell even today it is not complete in pension and retail. You think what BOP happened and the next week Telecom and Insurance and Banking were opened up? It took EIGHT YEARS to achieve that. It's been more than 20 years and still pension is closed, Insurance has only 25% FDI, Infra policy is nowhere. You think the work is done?
 
.
Jesus! DO you know what the meaning of 'reform' is? PLedging of gold as a desperate act to save your @$$ is not 'reform', creating a fundamentally different policy structure is- that took time, hell even today it is not complete in pension and retail. You think what BOP happened and the next week Telecom and Insurance and Banking were opened up? It took EIGHT YEARS to achieve that. It's been more than 20 years and still pension is closed, Insurance has only 25% FDI, Infra policy is nowhere. You think the work is done?

please start a separate thread for this. You are simply trying to hold on, and keep discussing when you have no platform to stand on.
 
. .
We launched 20, now india finally got 1.

Beidou Navigation Satellite System - Wikipedia, the free encyclopedia

the gap is widening on daily basis.

an uprising to remove the regime of new delhi is the only way to liberate your full potential

India is already a partner in Russian GLONASS . IRNSS is in addition to GLONASS to provide better accuracy .

So the existing gap is actually in our favour .

PS : Looks like an uprising to remove the regime of beijing is the only way to liberate your full potential ...... :lol:
 
.
India is already a partner in Russian GLONASS . IRNSS is in addition to GLONASS to provide better accuracy .

So the existing gap is actually in our favour .

PS : Looks like an uprising to remove the regime of beijing is the only way to liberate your full potential ...... :lol:

China HSBC PMI slips to nine-month low of 48.2 in June

BEIJING (Reuters) - China's factory activity shrank for a second straight month in June and reached its lowest in nine months as new orders fell despite price cuts by producers, a private survey showed on Monday, reinforcing signs of economic slowdown in the second quarter.

The HSBC/Markit Purchasing Managers' Index (PMI) for June retreated to 48.2, the lowest level since September 2012 and down from May's final reading of 49.2. It was in line with a preliminary reading of 48.3 released on June 20.

A reading below 50 indicates a contraction of activities while one above shows expansion.

"Falling orders and rising inventories added pressure to Chinese manufacturers in June," said Hongbin Qu, China chief economist at HSBC.

In his view, the new quarter will be challenging too.

"The recent cash crunch in the interbank market is likely to slow expansion of off-balance sheet lending, further exacerbating funding conditions for SMEs. As Beijing refrains from using stimulus, the ongoing growth slowdown is likely to continue in the coming months," Qu said.

A separate PMI survey released by the government's statistics office earlier on Monday was less dour. It showed the index slipping to 50.1 in June from 50.8 in May, but still holding above the 50-point threshold that indicates growth.

A sub-index measuring new orders declined to 47.6 in June, a second-month contraction following May's 48.7 and the lowest since October.

New orders from abroad shrank in June for the third month in a row and at a rate that was the fastest since September as foreign clients, particularly those in Europe and the United States, cut demand for Chinese goods even after China's producers passed on savings from lower material costs and discounted charges, HSBC said.

The weakening new orders led to a rising stock of finished goods, for the fourth month in a row in June, with around 11 percent of respondents noting a rise in inventory and only 8 percent signaling a reduction.

The output sub-index contracted in June for the first time since October and factories shed jobs at the quickest pace since August, according to the survey.

On July 15, China is scheduled to release data on economic activities in June and announce how much gross domestic product (GDP) grew in the second quarter. Many investors expect confirmation of their worries that the world's No 2 economy further slowed from January-March's annual pace of 7.7 percent.

Problems stemming from a cash crunch in June could increase worries about the July-September quarter.

But cash rates eased and investors regained confidence about improving credit conditions last week after the central bank said it would ensure policy supported a slowing economy.

Before that, the People's Bank of China let short-term borrowing costs spike to record highs to drive home a message to banks that they could no longer count on cheap cash to fund riskier operations.

China needs a democratic govt ASAP!
 
. .
Actually that's what YOU are doing

Dude, you have in all your statements turned around to my point of view. Do you want me to list them? Do what you seem to be good at, which is promoting the Congress. Else, start a separate thread and debate. Are you scared to start a separate thread and debate, Pappu?:rofl::omghaha:
 
. .
Do you deny that the project was initiated and funded by the congress?

Bro when comes to national security, India changed since 1962. The militaries and the security establishment blamed the govt and blamed themselves for kowtowing to the Congressi Prime minister.

Nehru was so afraid that he made the security system organization an independent body who will decide, preside on any matters related to national security.

These projects are straight out of their strategic factory and ANY GOVT has to fund this, be it BJP and congress. Its not like FDI in retail and pooo bill that you have to pass in the parliament.
 
.

Pakistan Defence Latest Posts

Pakistan Affairs Latest Posts

Back
Top Bottom