India

[Haryana]

2023 Invesco Global Sovereign Asset Management Study

 

https://www.fundresearch.de/Invesco-Global-Sovereign-Asset-Management-Study-2023-FINAL.pdf

 

"India exemplifies the attributes sought
by sovereign investors. Viewed increasingly
positively for its improved business and political
stability, favourable demographics, regulatory
initiatives, and a friendly environment for
sovereign investors, India has now overtaken
China as the most attractive Emerging Market
for investing in Emerging Market debt"

[Haryana]

"India's HDFC Bank ascension to global top-five ..."

https://www.msn.com/en-ae/money/other/how-india-s-hdfc-bank-ascension-to-global-top-five-may-stir-competition-in-the-sector/ar-AA1dElRb

 

[Haryana]

Central Bank Digital Currency (CBDC)

 

https://www.msn.com/en-gb/money/technology/hdfc-bank-signs-up-over-100000-customers-in-digital-rupee-pilots/ar-AA1dNLD2

"
The Reserve Bank of India (RBI) has devised the e-rupee as a digital alternative to physical cash, using blockchain distributed-ledger technology.

The central bank aims to reach a target of one million CBDC transactions per day by the end of this year from 5000-10,000 currently, Deputy Governor T Rabi Sankar said on Tuesday.
"

 

[Haryana]

IMF: India to be fastest growing major economy in 2023

https://moderndiplomacy.eu/2023/07/30/imf-india-to-be-fastest-growing-major-economy-in-2023/

 

"IMF raised its 2023 growth forecast for India by 20 basis points to 6.1%, bolstering expectations that the current G20 chair will be the world’s fastest growing major economy this year"

 

[jobyts]

In the World Press Freedom Index, India ranks 161 out of 180 countries. It really degraded in recent years.

[Haryana]

4 hours ago, jobyts said:

In the World Press Freedom Index, India ranks 161 out of 180 countries. It really degraded in recent years.

 

 

 

 

[tnp20]

17 hours ago, jobyts said:

In the World Press Freedom Index, India ranks 161 out of 180 countries. It really degraded in recent years.

 

I am very familiar with the country. The ranking seems bizarre from my personal experience.  There is no suppression of business and economy related news. However India is a very diverse country of many different religions and so they do suppress news that is inflammatory towards any religion to prevent religious riots. The Kashmir news is also controlled due to sensitivity of national/geopolitics.

 

I am frankly quite amazed at the difference in local perception and western perception both for India and China. My suggestion is get on the ground realistic view of a country and look at things from their shoes rather than applying a Western lens and who said Western lens is the correct one. Imagine India and China constantly showing homelessness and political dysfunction in the USA as constant every day headline...you'd think the USA is a shit hole. As always many shades of gray and the primary shade of gray you are interested in (as far as these boards are concerned) is the one that impacts the investment case.

[Spekulatius]

2 hours ago, tnp20 said:

 

I am very familiar with the country. The ranking seems bizarre from my personal experience.  There is no suppression of business and economy related news. However India is a very diverse country of many different religions and so they do suppress news that is inflammatory towards any religion to prevent religious riots. The Kashmir news is also controlled due to sensitivity of national/geopolitics.

 

I am frankly quite amazed at the difference in local perception and western perception both for India and China. My suggestion is get on the ground realistic view of a country and look at things from their shoes rather than applying a Western lens and who said Western lens is the correct one. Imagine India and China constantly showing homelessness and political dysfunction in the USA as constant every day headline...you'd think the USA is a shit hole. As always many shades of gray and the primary shade of gray you are interested in (as far as these boards are concerned) is the one that impacts the investment case.

The claim is that media takeovers have impacted pluralism in india:

 In India, media takeovers by oligarchs close to Prime Minister Modi have jeopardised pluralism,

 

In this ranking system, India ranks below Venezuela (#159). Not sure this makes sense.

[Luke]

4 hours ago, tnp20 said:

 

I am frankly quite amazed at the difference in local perception and western perception both for India and China. My suggestion is get on the ground realistic view of a country and look at things from their shoes rather than applying a Western lens and who said Western lens is the correct one. Imagine India and China constantly showing homelessness and political dysfunction in the USA as constant every day headline...you'd think the USA is a shit hole. As always many shades of gray and the primary shade of gray you are interested in (as far as these boards are concerned) is the one that impacts the investment case.

Peak comedy is the english /China thread on reddit. 95% westerners talking about why China is such a horrible country, why it will fail etc.

 

Its becoming some kind of doom porn for average westerners that have to cope with their own shitty living situation with fantasizing many people in a foreign country being worse off then they are. Whatever you search on the internet now with china, most of it is in a negative light, if there is something positive,  its called off as propaganda and people will make the expected comments...

 

Youth unemployment in China is at 20%-->Horrible, country will go back to 0

 

Youth unemployment in sweden as of today: 25%--> Nobody cares

 

Buddy of mine was at my place last days and visited, we also had the china talk, i made some positive comments about the country, how I am impressed by their developments, level of technology, quality of businesses and even some political interventions that are miles smarter than what my home country has ever done. I received the immediate back lash about the danger of china, the concentration camps etc, basically the only thing we hear in german media as expected...

 

I asked him about one positive thing that he can say about china and that question shocked him

Edited August 7, 2023 by Luca
Grammar/some addition

[Haryana]

On 8/7/2023 at 3:27 PM, Luca said:

 

Its becoming some kind of doom porn for average westerners that have to cope with their own shitty living situation with fantasizing many people in a foreign country being worse off then they are.

 

 

That also was explanation for how Slumdog Millionaire dominated Oscars during the depths of 2008-09 GFC.

 

[Haryana]

India WINS the space race to the Moon's South Pole: Chandrayaan-3 makes history by landing on the icy lunar region - beating Russia, China and the USA

• India has landed on the moon's South pole - an unmapped region of the surface

"

The South Pole is an uncharted territory that scientists believe could hold vital reserves of frozen water and precious elements. 

A lander with a rover tucked inside touched down at 8:34 am ET, sparking cheers and applause among the space scientists watching in the southern Indian city of Bengaluru.

Indian Space Research Organization's (ISRO) successful mission marks its emergence as a space power as the government looks to spur investment in private space launches and related satellite-based businesses.

"

 

https://www.dailymail.co.uk/sciencetech/article-12436887/Indias-Chandrayaan-3-makes-history-landing-moons-South-Pole-time-beating-Russia-China-USA.html

 

[Haryana]

 

Modi says India as G20 host will be inclusive and invites African Union to become permanent members

 

“We have a vision of inclusiveness and with that vision, we have invited the African Union to become permanent members of the G20,” Modi said on Sunday as he addressed the Business 20 Summit in New Delhi.

The B20 is an industry event and part of the summit of the 20 leading rich and developing nations, which will be hosted in the Indian capital next month.

 

https://apnews.com/article/india-modi-g20-african-union-ef8982f795fb687fd2206cc793bdab21

 

[Haryana]

 

https://timesofindia.indiatimes.com/india/superpower-india-ahead-of-china-now-african-union-chief-assoumani/articleshow/103561569.cms

 

 

 

 

[UK]

https://www.bloomberg.com/news/articles/2023-09-18/stocks-euphoria-in-india-draws-warning-from-top-performing-fund?srnd=premium-europe

 

“You are in a market where if you think about a stock from an investment point of view, it rises 40% before you even decide to buy it,” Bhan told Bloomberg News in an interview at his Mumbai office. “That is clearly reflective of froth,” said Bhan, who oversees the equivalent of $17.4 billion in equity assets under management.

[UK]

https://www.bloomberg.com/news/articles/2023-09-18/iphone-maker-foxconn-aims-to-double-india-investment-employment?srnd=premium-europe#xj4y7vzkg

 

Apple Inc. partner Foxconn Technology Group plans to double its investment and employment in India, highlighting an accelerating manufacturing shift away from China as Washington-Beijing tensions grow.

...

The investment plans of the Taiwanese company, also known for its flagship unit Hon Hai Precision Industry Co., include a 300-acre site close to the airport in Bengaluru, the capital of Karnataka, Bloomberg News previously reported. That plant is likely to assemble iPhones and expected to create about 100,000 jobs.

[Haryana]

Did Indian agents kill Nijjar in Canada or was it done by his local compatriots?

 

https://globalnews.ca/news/9784316/hardeep-singh-nijjar-death-surrey-b-c/

[According to Surrey provincial court records, Nijjar was charged with assault in March 2019, but the case was stayed that December.

A later dispute over a commercial printing press may have put Nijjar at odds with Ripudaman Singh Malik, who was acquitted of involvement in the deadly 1985 Air India bombings.

The machine was purchased by Malik and a partner, who intended to use it to print Sikh religious scripture, according to court documents.

Malik handed the press over to Nijjar in November 2020 “for safekeeping,” according to B.C. Supreme Court records.

But Nijjar refused to return it, a civil suit alleged. Malik was murdered in July 2022. A lawsuit launched in February 2023 sought the return of the equipment.]

[Haryana]

National Medical Commission Achieves Prestigious WFME Recognition Status

https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1959140

"

As part of this recognition, all the 706 existing medical colleges in India will become WFME accredited and the new medical colleges that will be set up in the coming 10 years will automatically become WFME accredited. The recognition will further enhance the quality and standards of medical education in India by aligning them with the global best practices and benchmarks.
It will also enable Indian medical graduates to pursue postgraduate training and practice in other countries that require WFME recognition, such as the United States, Canada, Australia, and New Zealand. It will increase the international recognition and reputation of Indian medical schools and professionals, facilitate academic collaborations and exchanges and promote continuous improvement and innovation in medical education and foster a culture of quality assurance among medical educators and institutions.
With NMC being WFME accredited all the Indian students become eligible to apply for Education Commission on Foreign Medical Education and United States Medical Licensing Examination.

"
(emphasis added)

[Xerxes]

I am big fan of India. A united India. 
 

But disgusted and disturbed by allegations of its spy agencies conducting assassination of Canadians on our very own soil. 
 

It is one thing to push back on allegations and expelling diplomats, but when you stop issuing VISAs to everyday folk that says more about you ….

 

I am not a big fan of Trudeau who constantly needs to throw his liberal values on other countries, but here he did the right thing if this is true. 

Edited September 21, 2023 by Xerxes

[adesigar]

3 hours ago, Xerxes said:

I am big fan of India. A united India. 
 

But disgusted and disturbed by allegations of its spy agencies conducting assassination of Canadians on our very own soil. 
 

It is one thing to push back on allegations and expelling diplomats, but when you stop issuing VISAs to everyday folk that says more about you ….

 

I am not a big fan of Trudeau who constantly needs to throw his liberal values on other countries, but here he did the right thing if this is true. 

 

I am disgusted and disturbed by allegations without any proof. Why should anyone believe what the Canadians say? They are acting like the world should believe what they spout because they are a rich western country.

 

Also why should the Indian embassy keep issuing visas to Canadians? That says more about you. Seems you think getting an Indian visa is right. 

 

I am extremely happy with the response from India. 

[Xerxes]

23 minutes ago, adesigar said:

 

I am disgusted and disturbed by allegations without any proof. Why should anyone believe what the Canadians say? They are acting like the world should believe what they spout because they are a rich western country.

 

Also why should the Indian embassy keep issuing visas to Canadians? That says more about you. Seems you think getting an Indian visa is right. 

 

I am extremely happy with the response from India. 

good thing I said “… if it is true” 

 

I am guessing you are from India. Please correct me if I am wrong. Either way, no matter where you are from, no need to get all excited  … I expect both governments to keep their garage behaviour at diplomatic staff. And not affect everyday people travelling there and back .. many of whom are Canadian Indians. 
 

Now if you want to re-frame that as “Canadian think it is their god given right to get a Visa”, … that is more your issue and says something about you 

 

but I understand that you reserve the right to twist more words further.

[no_free_lunch]

I don't know the whole situation but my gut is we should not be involved.  I would need proof. 

[Xerxes]

By the way. I don’t discriminate. I don’t care if you are some asshole from Mossad, CIA, Iranian intelligence, FSB or Indian spy agency, they should all keep their crap out of my country. Period. 

[Xerxes]

2 minutes ago, no_free_lunch said:

I don't know the whole situation but my gut is we should not be involved.  I would need proof. 

I don’t know either. But then again, did we ever got proof that a hit was ordered on that poor guy in Istanbul by the Royal Court in Riyadh. Aside the fact that business jet flew there with assassins. Yet we take that as a fact. But where is the proof. 

There are certain details that might never get to published publicly, given that it reveals the inner working of the spy agencies.  

[Parsad]

2 hours ago, adesigar said:

 

I am disgusted and disturbed by allegations without any proof. Why should anyone believe what the Canadians say? They are acting like the world should believe what they spout because they are a rich western country.

 

Also why should the Indian embassy keep issuing visas to Canadians? That says more about you. Seems you think getting an Indian visa is right. 

 

I am extremely happy with the response from India. 

 

This actually happened not far from where I live.  I actually go to the Krispy Kreme (only one in BC) that faces the temple where Nijjar was shot.  Nijjar was warned by CSIS and RCMP that his life was at risk from potential threats...he was even asking if he should wear a bullet-proof vest.  Unlike the head of Khalsa Credit Union and Khalsa Schools who was killed a couple of years ago, Nijjar had no links to criminal activity.  The two young assassins have still not been located.  There were a number of warnings to Nijjar and the Sikh community here in Vancouver that India was targeting certain individuals.  It will come out!  There is a very high probability that this was state-sanctioned not dissimilar to Jamal Khashoggi.  

 

Trudeau did not handle this appropriately.  It should have run through security channels between India and Canada, not in the open like Trudeau made it.  This creates two problems and a shitload of tension:  First, Sikhs were already distrusting of the Indian government.  Second, like back in the 80's after the Golden Temple raid by Indira Gandhi, you may see significant terrorist activity in India and abroad.  This was neither a smart move by Trudeau, nor India if they did this!  And it certainly looks like India had a hand in it.  How deep it goes...did Modi know?  Was this a rogue hit by India's security personnel?  That will all come out over time.

 

I think Modi is overreacting by suspending visas.  It will just hurt business and business owners.  While he's done many good things on a socio-economic front, his nationalistic tendencies are alienating minority groups in India and their diaspora around the world.  Cheers! 

[Spekulatius]

Trudeau can't make open accusations but then has nothing to show. If he can't share intelligence, then he can't go public either and needs to work diplomatic channels only. Seems like a very elementary mistake.