Business Tit-Bits: India's Financial Lockdown | HW News English financial english

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Business Tit-Bits: India's Financial Lockdown | HW News English
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Business Tit-Bits: India's Financial Lockdown | HW News English
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ดูวิธีการทำเงินออนไลน์ล่าสุดทั้งหมด: ดูเพิ่มเติมที่นี่
ดูวิธีการทำเงินออนไลน์ล่าสุดทั้งหมด: ดูเพิ่มเติมที่นี่

42 thoughts on “Business Tit-Bits: India's Financial Lockdown | HW News English financial english”

  1. Pump in money.. pump in money! Where will the govt get the money from? They have no money saved and tax revenues are going to fall. They will have to print money, which will cause high inflation. Money will lose all its value if there is hyperinflation. This will happen in the U.S also. Akilesh doesn't understand this.

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  2. In a country where all transactions and businesses have are above board and there exists a proper paper-trail for everything, it is very simple. If it takes 3 months or 6 for the current epidemic to get over, it is easy for the Govt. to just bring everything back to what it was by pumping in money! But where every institution is out to get the bank and the common people, there is no return to normal. Especially when the Govt has the habit of "lending" their own friends and family.

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  3. US Govt released 50 Billion $ to stimulus economy for just 4 weeks

    Chinese Govt 44 Billion

    Hong Kong Govt gave $10000 to each citizen above 18 to spend

    EU allowed entire Tourism Industry & Hotels to extend repayments for 12 months & no taxes for 12 months

    UAE relieved all hotels & attractions from VAT for 12 months(They will need to collect but not to pay, those amt is support from Govt)

    South Korea: 35 Billion support to economy + no taxes for 1 year

    Singapore 25 Billion + 1 year tax holiday

    Long list…Australia,UK,Japan,New Zealand & many more

    Head of all nations appears on TV on daily basis, updates their nation,shares what measures & support govt gives for coronavirus & economy.

    Now India: no daily appearance or any stimulus package to Airlines,Hotels,Travel industry which is damaged the most,no direct support or tax relief

    Schools,colleges,theatres,malls,gym etc closed: 2 crore jobs affected.

    It will take a huge time to recover from the damage Coronavirus & slow down economy made to our nation.

    Demonetizations,Elections,Political agendas has put economy on back burn.

    No leaders appears on TV, all busy making Govt in MP or Maharashtra or adding members in Upper House or busy in CAA / NCR & MANY NON ECONOMIC RECOVERY subjects…v call ourself largest democracy in the World, RV

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  4. Oil price has come down to 26 $ per barrel resulting in huge savings for Indian government treasury.
    Roads are empty ,no pollution in bigger cities. which no government could tackle in the present situation. There are positive points also . Modi and Trump are winning now due to huge stocks of oil for negligible price on the open market.

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  5. Slowing of economy as due to outbreak of corona is the fact witnessed globally. It originated in India in the form of reckless demonitization and imposition of GST. Corona is an opportunity for India to slumber over the issue.

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  6. Well said. Lockdowns need to be supported by fiscal stimulus. About which our govt has no idea of. My bank doesn't spare me from debiting monthly ECGC premiums that runs into thousands which has no real value but a mere technicality. Leave alone interest moratorium!
    Actually Imran Khan is more in grip with this reality. I liked his televised address in which he was upfront about it and asked Pakistan to go to work and stop drooling at US or EU standards.

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  7. That's why rbi saves for situation like this but it has been used for their personal purposes by the govt.
    We don't haveenough funds . We don't have health infrastructure either . Those countries have but their infrastructure also crumbled .
    Just hope for the best

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  8. Indian economy still under the terror attack of Demonetastion and GST.
    Now Ambanification, corruption, NPR, NRC, and CAA took Indian economy to intensive care unit. It will not be retrieved to normal as long as this government is in power.. For developing economy for any government it must to be needed social security and peace among communities. But this government is the
    Product or produce of riots and malpracticed of EVM.

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  9. The 1.5 trillion dollar bailout has failed in the USA. They pumped 700 billion more but the stock markets still crashed. There's no saving the financial markets this time. Firms will have to be nationalized to survive

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  10. No matter how much economics jargon you use and spread negative sentiments following are the facts-
    Volks Wagon Launches new car-

    https://www.thehindubusinessline.com/companies/volkswagen-india-launches-the-new-t-roc-at-1999-lakh/article31106243.ece

    1)Maruti and overall car industry recorded descent growth(https://www.team-bhp.com/forum/indian-car-scene/219942-february-2020-indian-car-sales-figures-analysis.html )
    2)Luxury car sales are still on rise(The buyers are medium size businessmen. This fact demolishes your theory that current environment is not conductive to business)
    3)Cement companies , vast majority of them recorded profit(https://www.moneycontrol.com/stocks/marketinfo/netprofit/bse/cement.html )
    4)Bangalore/Pune based real estate developers are minting money. RMZ/Briagde/Paranjape etc
    5)Aditya Birla- Capital – Q2 net profit rises 37% (https://www.livemint.com/companies/company-results/aditya-birla-capital-q2-net-profit-rises-37-to-rs-256-crore-11573189183432.html)

    Dear Akhilesh,
    Will you explain above things? If economy is Down and such negative sentiments, how come these companies are making profit?

    6) AUDI Opens new service facility in Secunderabad-
    https://www.carwale.com/news/audi-opens-a-new-service-facility-in-secunderabad/

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  11. Present economic crisis is result of dream of building religious nation. It is systematic step on to goal.
    Government policies are directed to religious nation than achieve objectives in Indian Constitution.
    It will happen again again when you great religious state when live in era of globalized state.
    Let think about roti kapada makan health.

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  12. Kick down the interest rates to zero for 4 months from 01.04.2020 and see the surge in the economy . No other way to mitigate the effects of corona on our economy , believe me you ! whoever in charge of the economy..

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  13. america may face slowdown but india will never face slowdown .because india has better talented professionals and beaurocrats to deal with this severe situations .so america should take the help of indian scientists and technocrats .

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  14. What about the unorganised daily wage earners and self employed at the bottom of the pyramid who are the first to lose their livelihoods? Will the government open food counters for them, or put cash into their hands or let them slide into distress?

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  15. Micro macro economy monetary system and financial system collapsed to the irreparable extent even Brahma can not fix it… Akhilesh shedding crocodile tears as the corrupt and criminals at helm of affairs will fix it…bull shit Akhilesh… enjoy your bullshit for yourself Akhilesh

    Reply

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