Indian Economics Thread II

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Chilled_k6

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India imposing 20% tariff on certain types of rice.

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Unmilled and husked brown rice will also be subject to a 20 percent export duty. Semi-milled or totally milled rice, other than parboiled and basmati rice, will also be subject to the 20 percent tariff.
Saw this screenshot showing the largest exporters by global share percentage. I did not know India is the world's biggest rice exporter and by such a large margin. Vietnam, Thailand in 2nd and 3rd.

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ansy1968

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A day in the life for Indians Ahhhh!!!! haahaaahaaa!!!! Ahhhaaa haaaahaaa!

I read the news today, oh boy
About an Indian man who made the grade
And though the news was rather sad
Well, I just had to laugh
I'd love to turn you on....lol

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4 hours ago — Vedanta Ltd.'s stock dropped the most in almost three months, amid questions about the billionaire Anil Agarwal-backed mining company's ...
 

ansy1968

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I don't know what kind of cope they're smoking maybe it's a high grade stuff BUT within 4 years China will dominate the 28nm and above node with complete domestic processes. Who are the buyers of those chip with lack of domestic supply chain sources and relying mostly on imports those chip will be expensive to build plus with creaking infrastructure that venture is a big scam and a vanity project fleecing the India public of their hard earn money.
 

Nilou

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I don't know what kind of cope they're smoking maybe it's a high grade stuff BUT within 4 years China will dominate the 28nm and above node with complete domestic processes. Who are the buyers of those chip with lack of domestic supply chain sources and relying mostly on imports those chip will be expensive to build plus with creaking infrastructure that venture is a big scam and a vanity project fleecing the India public of their hard earn money.
Ironically, semiconductors will go from China's weakness to one of its strengths in a few short years.
 
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