mohansus · @mohansus
205 followers · 156 posts · Server newsie.social
India economic growth likely picked up pace in April-June, according Reuters poll
India economic growth likely picked up pace in April-June, according Reuters poll.
The #indianeconomy is on a roll, indeed. The Reuters #forecast is around 7.7% in #q2 #fy24. However, the #economists quoted in this #article say this "blistering" and "world beating" #growth simply isn't enough for creating the #jobs needed for #india to actualize a "true" #developed #economy #status.
#indianeconomy #forecast #q2 #fy24 #economists #article #growth #jobs #india #developed #economy #status
mohansus · @mohansus
204 followers · 154 posts · Server newsie.socialIs India booming at 76? GDP’s failure to recover fully indicates otherwise
Is India booming at 76? GDP’s failure to recover fully indicates otherwise
Worth a read for the many "insights" into why #india's #gdp #growth "masks" many "failures" in #structural and #datapoint #terms.
For instance, in absolute terms, the #indianeconomy has grown by 10.1% between 2019-'20 and 2022-'23, which averages an #economicgrowth of around 3-3.5% in "real" numbers.
#india #gdp #growth #structural #datapoint #terms #indianeconomy #economicgrowth
mohansus · @mohansus
206 followers · 150 posts · Server newsie.socialClimate Change Is Choking India's Food Security
Hard-hitting piece on why the #modigovernment has its task cut out re. #climatechange. We need to do more and faster, before the #weather wreaks havoc on #indias #foodchains and in the lives of #indians.
To be fair, the #author does mention how the #indianeconomy is bearing the "brunt" of #extremeweather, though responsible for a #fraction of the #emissions that the #developed #west emits in a #year.
#modigovernment #climatechange #weather #indias #foodchains #indians #author #indianeconomy #extremeweather #fraction #emissions #developed #west #year
Shibaprasad Bhattacharya · @shibaprasad
101 followers · 848 posts · Server qoto.org
The pitfalls of core engineering jobs in India and how GATE is a trap
https://thedatavoyage.substack.com/p/the-pitfalls-of-core-engineering
#india #indianeconomy #engineering #engineeringjobs #indianjobs
#india #indianeconomy #engineering #engineeringjobs #indianjobs
Ayubowan · @ayubowan
3 followers · 3794 posts · Server srilankans.onlineඅසල්වැසි රාජ්යයන්ට පළමු තැන දෙන ඉන්දීය ආර්ථික ප්රතිපත්තියේ හෙට දවස: 2022 – 2023 වර්ෂයේ සිව්වන කාර්තුවේදී ඉන්දියාවේ ආර්ථිකය සියයට 6.1 කින් වර්ධනය වූ අතර එය වාර්ෂික වර්ධන වේගය සියයට 7.2 දක්වා ඉහළ යෑමක් පෙන්නුම් කරන බවට පසුගිය මැයි මස 31 දින නිකුත් කළ ඉන්දීය නිල සංඛ්යා ලේඛන වාර්තා මගින් පෙන්වා දෙයි. කෙසේ වෙතත් පසුගිය දශකය පුරා ඉහළ ආර්ථික වර්ධනයක් පෙන්නුම් කළ චීනය, 2023 පළමු මාස තුන තුළ වාර්තා කර ඇත්තේ සියයට 4.5 ක ආර්ථික වර්ධන වේගයක් බවට “ද ඉකොනොමික්… https://divaina.lk/%e0%b6%85%e0%b7%83%e0%b6%bd%e0%b7%8a%e0%b7%80%e0%b7%90%e0%b7%83%e0%b7%92-%e0%b6%bb%e0%b7%8f%e0%b6%a2%e0%b7%8a%e0%b6%ba%e0%b6%ba%e0%b6%b1%e0%b7%8a%e0%b6%a7-%e0%b6%b4%e0%b7%85%e0%b6%b8%e0%b7%94/?utm_source=dlvr.it&utm_medium=mastodon #වශෂග #Indianeconomy
mohansus · @mohansus
200 followers · 148 posts · Server newsie.socialHaving worked in the IT industry, we used to hear "whispers" of such practices from time to time. However, most shrugged it off as "business as usual".
Sad to see this happening on such a large scale in #tcs.
On a lighter note, in college, the "joke" was that TCS stood for "trespassers will be recruited".
Mebbe, all is not well with #indian #industry, especially where #corporate #governance is concerned.
#tcs #indian #industry #corporate #governance #business #indianeconomy #jobs #scams
mohansus · @mohansus
198 followers · 144 posts · Server newsie.socialIndian Renaissance at India@75! I was born in 1975, during the time of The Emergency. Though I was too young to remember, the years after my birth presented the nation with political, economic, and social challenges. As I grew up in the 1980s, I vividly recall how the very “existence” of India as a nation was under threat from Centrifugal forces of sectarianism.
#growth #india #pakistan #bangladesh #imf #indiaat75 #indianeconomy #renaissance #imf #bailout #90s #80s
#growth #india #Pakistan #bangladesh #imf #indiaat75 #indianeconomy #renaissance #bailout #90s #80s
mohansus · @mohansus
196 followers · 133 posts · Server newsie.socialThe Q4 (Jan-Mar) GDP and the FY 2022-'23 estimates flatter to deceive. Fact is the Indian Economy did "grow", but for whom and by whom.
For instance, the 7.2% economic growth is largely powered by the "services" sector, contributing nearly 60% of the overall GDP.
This is why I call our "vaunted" fastest growing major economy an One Pony Trick.
https://lnkd.in/gCUByKfk
#economy #gdp #indianeconomy #q4fy23 #q4results #fy23 #growth #india #fastestgrowing #services #consumption
#economy #gdp #indianeconomy #q4fy23 #q4results #fy23 #growth #india #fastestgrowing #services #consumption
mohansus · @mohansus
195 followers · 132 posts · Server newsie.socialBreaking: A Reuters poll of around 50 economists flags low growth, high inflation as the key risks for the Indian Economy in this fiscal.
Estimates from this survey peg growth at around 6%, barely enough to create much needed jobs for the vaunted Demographic Dividend, now turning into a "nightmare"
I explain why this "stagflationary" spiral is like a doom loop
#indianeconomy #growth #stagflation #inflation #jobs #employment #gdp #economy #demographicdividend #doomloop
#indianeconomy #growth #stagflation #inflation #jobs #employment #gdp #economy #demographicdividend #doomloop
mohansus · @mohansus
194 followers · 127 posts · Server newsie.social#BreakingNews news is that two senior citizens in #pune have become victims of the #H3N2 #virus.
The last thing we need is another "wave" of #infections, which would "kill" the #indianeconomy, recovering from the earlier #covid induced #lockdown.
Not only would it impact #indians #physical #health, it would also send "us" into the #icu, in an literal sense and a figurative #economic way.
#breakingnews #pune #h3n2 #Virus #infections #indianeconomy #covid #lockdown #indians #physical #health #ICU #economic
mohansus · @mohansus
193 followers · 125 posts · Server newsie.socialCan #modi and #gadkari usher in #amritkaal with their "big" bet on #Infrastructure?
Notwithstanding the woes of #adani, the #rupees #trillion "push" for roads, bridges, and more can spark a #Manufacturing #Renaissance, vaulting the #indianeconomy into #developed #status.
So, is #India's moment in the "works" as the #ports, #airports, and dedicated rail freight corridors, are built at a frenetic pace?
#modi #gadkari #amritkaal #infrastructure #adani #rupees #trillion #manufacturing #renaissance #indianeconomy #developed #status #india #ports #Airports
mohansus · @mohansus
193 followers · 124 posts · Server newsie.social
#india is the "flavor" of the month. As the #west wooes #modi and targets #xi, can the #modigovernment reap #economic #rewards?
Already #chinaplus is gaining traction with #apple setting up #iphone #manufacturing #units and #foxconn getting "approval" for its #entry #strategy.
#india #west #modi #Xi #modigovernment #economic #rewards #chinaplus #apple #iphone #manufacturing #units #Foxconn #entry #strategy #indianeconomy
mohansus · @mohansus
193 followers · 123 posts · Server newsie.socialThe #g20india #presidency is a valuable opportunity for #modi to showcase #india's rise and more importantly, secure tangible #economic #gains.
Indeed, the "sweet spot" that the #modigovernment's #foreignpolicy has achieved is "meaningless" without commensurate benefits to the #indianeconomy.
#g20india #presidency #modi #india #economic #gains #modigovernment #foreignpolicy #indianeconomy
mohansus · @mohansus
193 followers · 120 posts · Server newsie.socialEveryone and their dog knows that #india has a #jobscrisis The #indianeconomy is unable to #employ even half of the roughly One Million or so of #jobseekers entering the #workforce every #month.
Herehttps://rammohansusarla.in/2022/07/25/5-policy-suggestions-for-the-modi-sarkar-to-address-indias-jobs-crisis-as-it-overtakes-china-as-the-most-populous-nation/
are 5 Policy suggestions for the #modigovernment to #implement as #india overtakes #china to become the #world's most populous #nation.
#india #jobscrisis #indianeconomy #employ #jobseekers #workforce #month #modigovernment #implement #China #world #nation
mohansus · @mohansus
193 followers · 119 posts · Server newsie.socialFor years, #economists spoke about #supplyside "constraints" in the #indianeconomy. This was followed by the "loosening" of #fiscal #policy geared towards #taxcuts and schemes such as the #production #linked #incentive to address chronic #shortages, #inflation, and #under #capacity.
We now have a #demand #contraction as well with #ratehikes and #rural #distress. Mind you, the "growth" we see is purely #consumption driven by the #middleclass and the #rich.
#economists #supplyside #indianeconomy #fiscal #policy #taxcuts #production #linked #incentive #shortages #inflation #under #capacity #demand #contraction #ratehikes #rural #distress #consumption #middleclass #rich
mohansus · @mohansus
191 followers · 108 posts · Server newsie.socialWhat does #georgesoros want? #regime #change by replacing #narendramodi, hoping for a democratic "revival" in #india?
Is he after plain profiteering through a la #hindenburg #shorting of the #indianeconomy?
Or, both?? Ask #mahatir #mohammad of #malaysia, who is better placed with the #eastasia #economic #crisis of the late #90s shows.
While the #indianeconomy does have a #realestate "problem", neither the #rupee or the #capital #account are fully #convertible.
#georgesoros #regime #change #narendramodi #india #hindenburg #shorting #indianeconomy #mahatir #mohammad #malaysia #eastasia #economic #crisis #90s #RealEstate #rupee #capital #account #convertible
mohansus · @mohansus
191 followers · 107 posts · Server newsie.socialAs #gautamadani plots a comeback, is it #businessasusual for the #adanigroup? Sad if there are no #corrective #measures or #reforms in the way #adani does #business.
My bet is the former with the #hindenburg saga being forgotten and after #markets have "forgiven", #india would hum along just fine, and the #indianeconomy registering nary a blip.
However, there are more questions than answers here and it would be a pity to let this die a natural death.
#gautamadani #businessasusual #adanigroup #corrective #measures #reforms #adani #business #hindenburg #markets #india #indianeconomy
mohansus · @mohansus
191 followers · 106 posts · Server newsie.social#Bloomberg reports a slowdown in the #indianeconomy in #January. Using its so-called "animal spirits" index of #economicactivity, it reports a #deceleration of #growth in the months ahead.
Both the #purchasingmanager #index and #exports fell along with a moderate dip in #services as well. So, is #india really a "bright spot" or a laggard?
#bloomberg #indianeconomy #january #economicactivity #deceleration #growth #purchasingmanager #index #exports #services #india
mohansus · @mohansus
190 followers · 99 posts · Server newsie.socialThere is much talk about an #indian #renaissance, with "breathless" commentary on the #fastestgrowing #indianeconomy.
For those of us who came of age during the #90s, with the #firstwave of #liberalizaion, #privatization, and #globalization, the #past offers some #lessons for the #present and the #future of #india.
Lest we forget, we just cannot become another #authoritarian #superpower, much like #china, the obsession of #india's #elites as a #rolemodel.
#indian #renaissance #fastestgrowing #indianeconomy #90s #firstwave #liberalizaion #privatization #globalization #past #Lessons #present #future #india #authoritarian #superpower #China #elites #rolemodel
mohansus · @mohansus
190 followers · 97 posts · Server newsie.social#Tatas go big and place a mega order with #airbus and #boeing for 500 planes, the largest such deal in history.
#expressways are being built all round in a concerted effort to kick off an #infrastructure led #economic #boom.
Never mind the #adani #hindenburg saga! #India is on the move! Or, is it? With record #unemployment and widening #inequality, the #indianeconomy is a #billionaire paradise while the rest just scrape through.
#tatas #airbus #boeing #expressways #infrastructure #economic #boom #adani #hindenburg #india #unemployment #inequality #indianeconomy #billionaire