Tibarn Posted September 20, 2019 Share Posted September 20, 2019 BTW, Check out the EODB rankings for the current year https://www.doingbusiness.org/en/rankings India has moved up from 100 in 2018 to 77 in 2019. https://www.doingbusiness.org/content/dam/doingBusiness/media/Annual-Reports/English/DB2018-Full-Report.pdf The goal was to be in the top 50 by the end of Modi's first term, but it didn't work out. One can see where India improved and where improvement is still needed here: https://www.doingbusiness.org/en/data/exploreeconomies/india Link to comment Share on other sites More sharing options...
diga Posted September 20, 2019 Share Posted September 20, 2019 14 hours ago, velu said: Nifty up 6% and bank nifty up by 10% .. Will be interesting to see what livemint and @Stan AF will say about this Tax cut will also increase our fiscal deficit from 3% to over 4% ... will govt curb on spending? Link to comment Share on other sites More sharing options...
velu Posted September 22, 2019 Share Posted September 22, 2019 On 9/21/2019 at 4:56 AM, diga said: Tax cut will also increase our fiscal deficit from 3% to over 4% ... will govt curb on spending? Fiscal deficit will increase a bit .. Hope this increases spending and indirectly tax collection aswell .. If Govt cuts spending , it will be in infra only , already infra companies are in trouble Link to comment Share on other sites More sharing options...
velu Posted September 23, 2019 Share Posted September 23, 2019 Another 400 in nifty and 1700 in bank nifty .. @Stan AF Link to comment Share on other sites More sharing options...
jusarrived Posted September 23, 2019 Share Posted September 23, 2019 On 9/21/2019 at 4:56 AM, diga said: Tax cut will also increase our fiscal deficit from 3% to over 4% ... will govt curb on spending? On 9/22/2019 at 2:01 PM, velu said: Fiscal deficit will increase a bit .. Hope this increases spending and indirectly tax collection aswell .. If Govt cuts spending , it will be in infra only , already infra companies are in trouble They are saying wont cut down on spending and specifically infra ..and they will meet the target of 3.3% deficit . I havent seen the details how , but seems tough ..but I think its fine to let fiscal deficit slip a bit for now Link to comment Share on other sites More sharing options...
Mariyam Posted September 23, 2019 Share Posted September 23, 2019 5 hours ago, jusarrived said: They are saying wont cut down on spending and specifically infra ..and they will meet the target of 3.3% deficit . I havent seen the details how , but seems tough ..but I think its fine to let fiscal deficit slip a bit for now Most of our big ticket infra spends are loaned from Japanese banks at 0.01-0.15% interest rates. Don't think we are going to cut down on any of that. Link to comment Share on other sites More sharing options...
Stan AF Posted September 24, 2019 Share Posted September 24, 2019 21 hours ago, velu said: Another 400 in nifty and 1700 in bank nifty .. @Stan AF At the expense of 1.5 lakh crore in revenue, you moron which will widen the already growing fiscal deficit. This isn't organic growth. You better hope that corps invest and create jobs rather than buying back shares and issuing dividends. P.S: Stop tagging me everywhere. Link to comment Share on other sites More sharing options...
velu Posted September 24, 2019 Share Posted September 24, 2019 1 hour ago, Stan AF said: At the expense of 1.5 lakh crore in revenue, you moron which will widen the already growing fiscal deficit. This isn't organic growth. You better hope that corps invest and create jobs rather than buying back shares and issuing dividends. P.S: Stop tagging me everywhere. First If you don't know what you are posting them better stop posting .. You don't how stock market works and posted many dumbass things like a blind dog shittimg everywhere .. this is not your forum . If you post things like livemint article Without doing any research , I will put my points . If you don't want me to tag or reply to you HERE then stop posting sh!t. Bolded part clearly shows your stupidity , and shows your ignorance and stubbornness. Under BJP government fiscal deficit was kept under control . Check the data befire vomiting random stuff Link to comment Share on other sites More sharing options...
velu Posted September 24, 2019 Share Posted September 24, 2019 17 hours ago, jusarrived said: They are saying wont cut down on spending and specifically infra ..and they will meet the target of 3.3% deficit . I havent seen the details how , but seems tough ..but I think its fine to let fiscal deficit slip a bit for now Not possible to meet 3.3 , whatever FM says about meeting fiscal deficit is just a token statement . Anyway last 5 years fiscal deficit gone below 4% from well above 5 to 8% . Not a bad thing to take a hit for stimulating the growth Link to comment Share on other sites More sharing options...
Stan AF Posted September 24, 2019 Share Posted September 24, 2019 @velu you're a glorified troll be it sports forum or any other place. Not surprising since you're a dhonitard. That's all you are. I regret that i even knew you. * off. Link to comment Share on other sites More sharing options...
velu Posted September 24, 2019 Share Posted September 24, 2019 (edited) 12 minutes ago, Stan AF said: @velu you're a glorified troll be it sports forum or any other place. Not surprising since you're a dhonitard. That's all you are. I regret that i even knew you. * off. nah .. i dont troll here edit:- how about validating your last post about ever growing finical deficit instead of character assassination ? ( also linking everyday market movement with wealth creation and destruction is novice though you simply copy pasted without understanding ) Edited September 24, 2019 by velu Link to comment Share on other sites More sharing options...
velu Posted September 24, 2019 Share Posted September 24, 2019 1 hour ago, Stan AF said: At the expense of 1.5 lakh crore in revenue, you moron which will widen the already growing fiscal deficit. sorry .. cant resist we are almost at the lowest fiscal deficit and you are saying "already growing fiscal deficit" clearly you are making the stuff , arent you ? Link to comment Share on other sites More sharing options...
Singh bling Posted September 25, 2019 Share Posted September 25, 2019 RBI imposes restrictions on PMC Bank; withdrawal restricted to Rs 1,000 per account Is this the way Govt want to encourage cashless transactions. Suddenly large no. of people become bankrupt as their entire life savings are blocked. I guess if more of this happen then lots of people will prefer to keep cash at home. Link to comment Share on other sites More sharing options...
MechEng Posted September 25, 2019 Share Posted September 25, 2019 (edited) Can anyone cross check this? https://timesofindia.indiatimes.com/india/india-deploys-warships-to-keep-tabs-on-pakistans-naval-exercise/articleshow/71302822.cms There were joint airforce drills too by Pak and China. Looks like we may need to buckle up our seat belts again! Edited September 25, 2019 by MechEng Link to comment Share on other sites More sharing options...
Tibarn Posted October 1, 2019 Share Posted October 1, 2019 CAD narrows as higher trade deficit is offset by rise in services income and remittances The current account deficit for the quarter ended June 2019, amounted to $14.3 billion, compared to $15.8 billion during the June 2018, quarter. Read more at: //economictimes.indiatimes.com/articleshow/71378888.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Link to comment Share on other sites More sharing options...
Tibarn Posted October 1, 2019 Share Posted October 1, 2019 Read the thread, it has some interesting data. Link to comment Share on other sites More sharing options...
mishra Posted October 3, 2019 Share Posted October 3, 2019 On 9/25/2019 at 9:09 PM, Singh bling said: RBI imposes restrictions on PMC Bank; withdrawal restricted to Rs 1,000 per account Is this the way Govt want to encourage cashless transactions. Suddenly large no. of people become bankrupt as their entire life savings are blocked. I guess if more of this happen then lots of people will prefer to keep cash at home. Bhai, Auditors are doing the job for first time. People complained about no black money found during Note Ban. Do you think all these are unrealted. Indian Financial System was in a mess where Politicians and Businessmen were in it to win it. So far Nimo (PNB), HDIL (PMC), Kamnath/Ratul Puri Central Bank of India , Sharad Pawar MSCB, Ahmed Patel (bank name not disclosed). They all fit the expected bill where we thought money looted was in thousands of crores. Chickens have come home to roost. diga 1 Link to comment Share on other sites More sharing options...
don_corleone840 Posted October 17, 2019 Share Posted October 17, 2019 MODI Andbhakts logic to all indian problems:: Hindu rashtra ki baat karo. Economy to upar niche hoti rahegi. Ek do hazaar log bhuke maar bhi jayee to kya farak padta hai. Hamare jawan bhi to siyachen me mar rahe hai. retired_hurt, Laaloo, diga and 1 other 1 3 Link to comment Share on other sites More sharing options...
velu Posted October 19, 2019 Share Posted October 19, 2019 RIL Q3 profit rises 9% YoY to Rs 10,251 crore, beats Street estimates HDFC Bank Q2 profit jumps 26.8% to Rs 6,345 cr both the results are ahead of expectations .. https://economictimes.indiatimes.com/markets/stocks/earnings/hdfc-bank-q2-profit-jumps-26-8-to-rs-6345-cr/videoshow/71663641.cms https://economictimes.indiatimes.com/markets/stocks/earnings/hdfc-bank-q2-profit-jumps-26-8-to-rs-6345-cr/videoshow/71663641.cms Link to comment Share on other sites More sharing options...
diga Posted October 20, 2019 Share Posted October 20, 2019 Any chance of market hitting 12k by Diwali? Link to comment Share on other sites More sharing options...
Recommended Posts