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Tilak
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Post Number: 8794
Registered: 02-2012
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Posted on Monday, September 24, 2012 - 06:26 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


quote:

At the risk of repetition, one way is to encourage the setting up of rural cooperatives. If farmers go a step further and form Amul-type companies, they can even be stakeholders in setting up storage and processing chains, and market directly to consumers.



India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Kadapafan
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Posted on Monday, September 24, 2012 - 06:03 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

FDI ki Currency Reserves ki mudi pedutunnara lol, Last 15 years lo India lo FDI has increased quite a lot, mari annesi dollars mana daggara reserves lo unte dollar-rupee conversion baaga taggali kadaa, alaa enduku jaragaledu mari
Argue with only one (out of Adavi, Sasi, Kaleja etc..,) at a time to reduce BP
Continue to permanently ignore (like IP and ID Ban): Andhrawala
Temp ignore (ID Ban): JP_Rocks, IndiaRocks, New_User
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Tilak
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Post Number: 8791
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Posted on Monday, September 24, 2012 - 06:02 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Jawmetri:

Consumer can be king.


yes .. he can be .. but will never be .. until the rules change ..
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Jawmetri
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Posted on Monday, September 24, 2012 - 05:53 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Good news is that, opposition is only talking about farmers, vegetables, fruits & kirana stores.

But Walmart & Gang are departmental stores.

They will be selling Furniture, Electronics, Toys, Sports, Autocare, Baby Stuff, Health & Pharmacy, Home Appliances , Electronics...

Consumer can be king.
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Tilak
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Post Number: 8790
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Posted on Monday, September 24, 2012 - 05:41 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


quote:

India facing inflation because of international disturbances. India is a developing nation.Corruption unrelated to growth rate: Sandeep Dikshit, Congress MP, Son of Shiela Dikshit




And you think this sort of govt will ever help Indians? It is bringing FDI to save farmers? to save consumers? and to believe so is damn foolish ..
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Tilak
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Post Number: 8787
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Posted on Monday, September 24, 2012 - 05:17 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Proves the point of "deep pockets" helping aggressively stabilize and eat into the market ..
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Dada
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Posted on Monday, September 24, 2012 - 05:04 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Kirana shops kosam concern theliyachsthunna - RIGHT and LEFT sodharulu - PLEASE ENJOY....
Bharti Wal-Mart will open its cash-and-carry wholesale 'Best Price' outlet next week at Attapur, Hyderabad.

Bharti Wal-Mart, a joint venture of Bharti Enterprises and Wal-Mart with both the companies having a 50% share in the enterprise, has fixed September 26 as the tentative date for the opening of the 53,000 square foot facility.

Sources said that nearly 60,000 persons and businesses, including kirana shop-owners, retailers, resellers, hotels, restaurants, catering agencies, offices and institutions, have registered with the store for utilising its services.

The registrations have been done on the basis of the tax identification number (TIN) generated by GHMC while granting trade licences. Over 5,000 items, ranging from fresh vegetables, dairy products to packaged goods, general merchandise, electronics and household appliances, would be available under one roof at the soon-to-open store.
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Dada
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Post Number: 1038
Registered: 12-2006
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Posted on Monday, September 24, 2012 - 02:11 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:




Uselessness of the govt - No freedom to the farmer on what to produce -
no investments in modernization and Agri sciences - Too much reliance on rice even in dry land areas - too much reliance on fertiliers - outdated agri methods - political mafia which controls the supply chain both at the input and output
Attempts by corporates to enter agi - like ITC, Pepsi have been thwarted successfully by the big farmer - politician mafia.
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Tilak
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Posted on Monday, September 24, 2012 - 02:10 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Dada:

Is it because of liberalisation or uselessness of the govts?


you tell me .. wats ur idea ..
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Tilak
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Posted on Monday, September 24, 2012 - 02:07 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Dada:

Is it because of liberalisation or uselessness of the govts?


you tell me .. wats ur idea ..
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Tilak
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Posted on Monday, September 24, 2012 - 02:05 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

http://www.outlookindia.com/article.aspx?282351

How the game is always pro-West ..
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Dada
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Posted on Monday, September 24, 2012 - 02:05 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:

I say the same ..




can you please let me know Which party I like? because I do not know.
if someone asks me whom will you vote for in 2014 - I find very difficult to give an answer as I do not have anyone in mind at all - maybe some honest local independant.
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Dada
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Post Number: 1036
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Posted on Monday, September 24, 2012 - 02:04 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:

1991 taravata 10 lakh + farmers poyaru ..




Is it because of liberalisation or uselessness of the govts?
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Tilak
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Post Number: 8778
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Posted on Monday, September 24, 2012 - 02:03 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Dada:

you are arguing out of your love for one political party.....



I say the same ..

Dada:

parting shot - Rahul Gandhi is a useless guy - if it makes your day better


Doesnt matter .. thats just an obvious fact .. and u have no choice other than accept that ..

Rock:

kani our gdp growth is ridiculously higher than 1991


depends on how we see ..
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Tilak
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Post Number: 8777
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Posted on Monday, September 24, 2012 - 02:01 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

http://www.globalpost.com/dispatches/globalpost-blogs/americ a-the-gutted/india-outsourcing-us-jobs

Nice .. open up retail for no bargain .. what a foolish idea it is when u know .. "some" jobs will be lost ..
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Dada
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Post Number: 1034
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Posted on Monday, September 24, 2012 - 02:01 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:

wastage is wastage for the nation



dabbu icchi konesina tharavaatha - wastage ela avuthaadhi? taxes have been paid - and the good have gone out of the system.
you have produced a piece of software - packaged it and sold it to the customer.
Customer brought it and you have paid the taxes through the sale, taken care of your expenses and pocketed the profit.

Now the customer for whatever reason does nto use it - So for you and thg overnment - Is it a Waste?

However if the software is not getting packaged properly and not reaching the customer and getting spoilt along the way - the there is no chance ofa sale - govt does not get profit - you do not get a profit - the consumer also has to pay a high price sicne all the produced goods are not reaching the market.


anyways - you are arguing out of your love for one political party.....cannot discuss with you.

parting shot - Rahul Gandhi is a useless guy - if it makes your day better
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Rock
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Post Number: 6008
Registered: 04-2012
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Posted on Monday, September 24, 2012 - 01:56 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:

1991 taravata 10 lakh + farmers poyaru ..





losses will be always there. nothign ever come loss free.

kani our gdp growth is ridiculously higher than 1991
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Jackjill
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Post Number: 8554
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Posted on Monday, September 24, 2012 - 01:54 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Rock:



Dada:


good questions ..

dil garden garden ho gaya tumhare question dekh ke ..

I am going to bed, will defiantly answer your questions tomorrow or the day after
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Tilak
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Posted on Monday, September 24, 2012 - 01:54 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Dada:

it is a wastage for the person - but already accounted for. asalu shelf ni reach avvakunda - waste aithe - it is a loss for the nation - for the society.


wrong notion .. wastage is wastage for the nation ..

Rock:

we will know in about 10 to 15 years


1991 taravata 10 lakh + farmers poyaru ..
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Dada
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Posted on Monday, September 24, 2012 - 01:48 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Jackjill:



So when some one does business in India (by investing capital - setting up business and carrying out manufacturing / software / services transactions) and wants to reroute the profits back to the Corp HQ - is it an Income Outflow or Capital outflow?

When someone wants to Invest into India and turn that investment into machinary - is that capital or Income?

When someone wants to invest into india and invest / trade in shares is that Capital or Credit income (for the country)?
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Rock
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Posted on Monday, September 24, 2012 - 01:47 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Jackjill:

my question -- why let a big inflow happen which will make recurring outflows possible??





manam product kuda vere chota nundi import chesukonte impact very high and bad .

kani maname manufacturing ayithe recurring out flow unna kuda wont be that bad kadha anna.


its like we have 0 now

capital came since we do all the work make the product buy ourselves we get a dollor. guy who brought capitol get a dollor . seems fair no?
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Jackjill
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Posted on Monday, September 24, 2012 - 01:43 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Dada:

So you are implying that if Walmart or Tesco invests 350 Mill USD it goes into the reserves and Walmart will sit and hatch eggs!!!

Investment flows are also part of capital account - and the profits if any after investing the profits will go into Current account - Not capital account.

What is wrong in it? Somebody invests - inward flow of capital - the capital has been turned into machinery,building,manpower etc - they make profits - and there is outward flow of capital via the current account


neeku naa meedha kopam aina undaali, lekapothe neeku asalu concept ardham aina avvakapovaali ..

Tammudu -- Capital inflows & outflows are capital accounts credits & debits, where as Income outflows and inflows because of those capital investments are Current account credits & deficits.

http://en.wikipedia.org/wiki/Current_account -- Please read what Current accout is

http://en.wikipedia.org/wiki/Capital_account -- Please read what Capital Account means

sava dobbaku boss !! lite teesko, shit happens

my question -- why let a big inflow happen which will make recurring outflows possible??

kharma raa babu, nenu cheppedhi prathi vaadu personal teeskoni saava dobbiyio
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Dada
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Posted on Monday, September 24, 2012 - 01:41 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:

since it is paid for .. it is not wastage ..



it is a wastage for the person - but already accounted for. asalu shelf ni reach avvakunda - waste aithe - it is a loss for the nation - for the society.

today by any estimate 30% - 40% of our Agri produce is getting wasted on the way from the Farm to the Retail shop.
Imagine the effect this would have on inflation if even 30% of this wastage is plugged.
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Rock
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Posted on Monday, September 24, 2012 - 01:41 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:





dabbulu chetlaki kayavu andhi diesel rates perigina vishayam midha kadha.


mana pm ayi undi antha cheap ga ma manufacturing industry week ani cheppalekapoyademo.


1991 lo kuda andharu thappu annaru. because of that we are what we r today.


monna nuclear vishayam midha kuda problem ayindhi. kani work out auyyi manam power problem ni solve chesukogaligithe mana manufacturing industry will sky rocket anukontunna.

ippudu idhi kuda brings extra capitol to our country and that will generate more work and money in our country anukontunna.

we will know in about 10 to 15 years
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Dada
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Posted on Monday, September 24, 2012 - 01:39 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:




Ok...once BJP comes to power in 2014, will you drive out walmart and etsco - the way IBM and Coke were driven out of the country in 1977 by Goerge Fernandes and Atal Bihari Vajpayee.
Ofcourse Atal ji welcomed liberalisation and globalisation after he became PM in 1998 - a different issue.
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Tilak
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Posted on Monday, September 24, 2012 - 01:37 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Ya .. when wastage is counted .. it be counted only if its in an FCI godown .. but deal lo vachindani 10 lb pack teesukelli 9 lb vaadakunda paadesthe .. since it is paid for .. it is not wastage .. good economics .. :-)
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Tilak
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Posted on Monday, September 24, 2012 - 01:35 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Rock:

kani india lo walmart lanti companies enter ayinapudu we not gonna have import problem. our home made stuff cost lot less than china . so they will be interested in making stuff in india itself . so they will invest money in building plants so we get some fdi into our account.and imports decrease.


ee mukka ne govt dhairyam ga cheppagaladaa? ippudu enduku cheppatledu .. mana Indian manufacturing ni boost chestundani? u think they are that dumb to not recognize a positive?

Rock:

and icing on cake will be if our product have enough quality even we can export just like china and we can even take business away from china as we can produce cheaper product.


bhayya .. intha confident ga MMS monna cheppaledu .. dabbulu chetlaki kaayavu .. scams matrame kaastayi etc etc sollu cheppadu .. wish we had u as his help ..

China ni manufacturing market lo displace cheyyadam entha kastamo .. chaala articles chala mandi raasadu .. u may want to check them out ..

Rock:

what mattters is profit outweighs the loss or not. and we cant go for temperory benifits either.


exactly .. no body knows how this $hit may turn out .. it might not be a loss to India .. but if this FDI thing kills Indian retail .. trust me .. its a disaster .. and its impact will be on the crime stats!
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Jackjill
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Posted on Monday, September 24, 2012 - 01:33 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Rock:

hello bro been a while since i ve seen u. hw r u


Parents are visiting, so been a little busy. Not too bad though

Jawmetri:

for that reason alone, yes it is dumb. but the foreign presence will make the industry efficient and lean in operational efficiency and in the end give value to the 1.4 Billions customers/consumers.


It may make sense for other reasons but at macroeconomic level, not quite for me though.

Netsaint:

bar cha hub baa, ivanni enduku, repu TDP govt ragane,
ee walmart,carefor ni tarimesthara ledha, adhi cheppu chaalu


state ki favorable anipisthe allow chesthaamu lekapothe ledhu
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Dada
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Posted on Monday, September 24, 2012 - 01:29 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:

store shelf meeda kakapothe .. consumer kitchen closets lo




first case - is wastage - it is not reaching the consumer and hence results in scarcity and inflation.
second case - after the purchase - it is the consumer's wish what they want to do with it.Whether they waste or use - they have paid the price and the taxes on it.
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Jackjill
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Posted on Monday, September 24, 2012 - 01:28 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

naa kharma raa babu, evadu endhuku argue chestunnadu telvadu kaani chesestaru, edavandi

kondaru, CBN ni laaguthaaru.. though CBN tried to implement Raitu Bazar by eliminating middle man and was best of his era.. CBN enni chesina votelu raaka pothe prathi howla gaadu navvuthadu no wonder!! but we have to ask ourself a question that geddam babu gaadu atleast pada yatra ani ee rojuki janam madhyalo untunnnadu.. what have we done ani?? Jai Chandra Babu .. Jai Jai Chandra Babu
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Rock
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Posted on Monday, September 24, 2012 - 01:27 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Tilak:

Walmart/Target lo only farm produce ammutaara even if we see it that farmers are benefited by this FDI thing? How much % of business of a major retail chain in agri-produce??





tilak bayya,

i dont know much about this. kani just a thought.


us lo most of the stuff they sell in walmart is imported. coz us lo that stuff cost lot more if they make their own. they import mostly from china


kani india lo walmart lanti companies enter ayinapudu we not gonna have import problem. our home made stuff cost lot less than china . so they will be interested in making stuff in india itself . so they will invest money in building plants so we get some fdi into our account.and imports decrease.

another advantage. those plants will create jobs.

and icing on cake will be if our product have enough quality even we can export just like china and we can even take business away from china as we can produce cheaper product.


i dont know how much of my thinking is correct and how much of my thinking wrong just this is what i felt.


ofcourse there is some loss aswell.

what mattters is profit outweighs the loss or not. and we cant go for temperory benifits either.
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Dada
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Jackjill:

so our PM wants to fill this gap by filling our Capital account (Capital Inflows fro Other Countries - Capital Outflows to Other Countries).




So you are implying that if Walmart or Tesco invests 350 Mill USD it goes into the reserves and Walmart will sit and hatch eggs!!!

Investment flows are also part of capital account - and the profits if any after investing the profits will go into Current account - Not capital account.

What is wrong in it? Somebody invests - inward flow of capital - the capital has been turned into machinery,building,manpower etc - they make profits - and there is outward flow of capital via the current account
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Tilak
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Netsaint:

endhi puttu.... namma Bengalouru lo walmart opening ledhaa



govt allow cheyyatledu .. janam kaavali anukunte .. govt ni maarchesi .. walmart ni techukuntaaru .. :-)

Netsaint:

none can replace kirana store, unless natural changes can make it but not some fdi physical.



ee mukka seppalsindi nuvvu kaadu .. desis ki protection lekunda FDI in allowing sestunna govt ..

Netsaint:

MAKKEL iraga tiyyali saale gallaki... I want a walmart to suck out them out of the pilferage they caused in the indian system



paina nuvvu seppindendi .. ee kinda "jenda-agenda" endi??? so called middlemen pothe .. tella dora middlemen vastadu .. u will be sucked anyways ..

btw .. pilferage US lo leda endi .. store shelf meeda kakapothe .. consumer kitchen closets lo .. teda endo?
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Netsaint
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Tilak:


Tilakam baa ur disppointing me,

ur still supporting the brokers aka middleman version baa.

MAKKEL iraga tiyyali saale gallaki... I want a walmart to suck out them out of the pilferage they caused in the indian system
My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/
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Netsaint
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Tilak:


baa nuvvu avesa padak. the buying habits of india and usa are different.

indians buy at max mostly per week or per 2 days once.

walmart ki usa lo per month buy chese vaalu ekkuva.

in that case, indian customer will get both benifits, of getting high quality low price for weekly or monthly stuffs and regular stuff at kirana stores.

none can replace kirana store, unless natural changes can make it but not some fdi physical.
My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/
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Dada
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Netsaint:

namma Bengalouru lo walmart opening ledhaa




ee roje Deccan herald lo article - people want it - but govt NO to Retail MNCs in Karnataka :-)
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Dada
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Jackjill:

you have no idea what Balance of Payments mean




:-) Well I first read about BOP in 1990 / 91 and I hope the definition has not changed since then.
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Netsaint
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Tilak:


well put ..


endhi puttu.... namma Bengalouru lo walmart opening ledhaa
My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/
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Tilak
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Netsaint:


But I see it at good for farmers and competetive price ofr consumer.



Walmart/Target lo only farm produce ammutaara even if we see it that farmers are benefited by this FDI thing? How much % of business of a major retail chain in agri-produce??
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Dada
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Netsaint:




Yeah.... opposing companies like Monsonto ante - meaning undhi - even though that is FDI.
kaani - in this sector - rural Infrastructure build avuthindhi because of this investment ante - still people oppose..

as you said JENDA - AGENDA important.....
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Netsaint
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Jackjill:


bar cha hub baa, ivanni enduku, repu TDP govt ragane,
ee walmart,carefor ni tarimesthara ledha, adhi cheppu chaalu:d
My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/
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Rock
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Jackjill:




hello bro been a while since i ve seen u. hw r u
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Tilak
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Jackjill:


I just do not understand the concept behind allowing one time big credit against recurring Debits(imports and realization of credits)



well put ..
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Jackjill
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Dada:

Will the FDI go into govt reserves?
If yes, then who will fund the infrastructure?How is the infrastructure getting built?
And which FDI are we talking of here - the one by FIIs is not treated as FDI.

Anyways - Enjoy your fighting a non existent enemy i.e. empty air with the sword.




Brother please agree that you have no idea what Balance of Payments mean...

We, Indian GOVT, are running a Current Account (primarily Trade Deficit - whcih happens when our Imports are higher than Exports) deficit, so our PM wants to fill this gap by filling our Capital account (Capital Inflows fro Other Countries - Capital Outflows to Other Countries).

I have no idea whether this FDI will help, but a generic analysis on our current situation and the industry we are derugualting has left me with no choice other than oppose it with no clear explanation from the others.
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Netsaint
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Dada:


Dada they have compulsions. oppo kabatti oppose cheyyali.

But I see it at good for farmers and competetive price ofr consumer.

majjalo BROKERS gallaki paguluddhi..... vaale major addu cheppedhi
My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/
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Netsaint
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Jackjill:

kya re baa, I took Target a big retail chain in US and calculated the effect if it invested in India.

http://finapps.forbes.com/finapps/jsp/finance/compinfo/Finan cialIndustrial.jsp?tkr=tgt&period=qtr

I took 30% of import on COGS,100% of Net Income for realization. Unless the domestic Job growth and SG&A is equivalent to what it is in US operations -- I don't see the reason why India should allow FDI into retail.

I have no idea about streamlining the CRM and BS such as, all I know is Macroeconomic effects, which just not add up




meeku unna knowledge, BOB ki 10% unna, Waralsbank agent ga maaradu
My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/
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Dada
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Jackjill:

Unless the domestic Job growth and SG&A is equivalent to what it is in US operations -- I don't see the reason why India should allow FDI into retail.




oka US Retail company Balance sheet ni pattukoni - India lo FDI in retail is non beneficial ani analysis???

:-)
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Netsaint
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Jackjill:


BOB fans for closed economy aa
My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/
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Jawmetri
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Jackjill:

I don't exactly know what your understanding is on -- FDI in Retail industry of India is -- The reason that Indian GOVT quoted to allow FDI is to fill up the current account deficit and in semi short term (let me know if you want to know the numbers, I calculated less than pay back back period) it is a drain on the current account, which Indian Govt wants to fill it up.

I just do not understand the concept behind allowing one time big credit against recurring Debits(imports and realization of credits).I am sorry, I am a dumb FI trader, who cannot think beyond numbers.




for that reason alone, yes it is dumb. but the foreign presence will make the industry efficient and lean in operational efficiency and in the end give value to the 1.4 Billions customers/consumers.
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Dada
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Ban Nokia from India....
Ban Pepsi from India....
Ban Oracle, Microsoft, Marriot, Volvo, Volkswagen, Nestle, Hyundai, LG, Samsung, HP, Dell,Uninor,Coke, Kellogs,Procter & Gamble etc etc from India - they are MNCs investing through the FDI route
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Jackjill
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Farmer:


kya re baa, I took Target a big retail chain in US and calculated the effect if it invested in India.

http://finapps.forbes.com/finapps/jsp/finance/compinfo/Finan cialIndustrial.jsp?tkr=tgt&period=qtr

I took 30% of import on COGS,100% of Net Income for realization. Unless the domestic Job growth and SG&A is equivalent to what it is in US operations -- I don't see the reason why India should allow FDI into retail.

I have no idea about streamlining the CRM and BS such as, all I know is Macroeconomic effects, which just not add up
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Dada
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Jackjill:

The reason that Indian GOVT quoted to allow FDI is to fill up the current account deficit and in semi short term




Will the FDI go into govt reserves?
If yes, then who will fund the infrastructure?How is the infrastructure getting built?
And which FDI are we talking of here - the one by FIIs is not treated as FDI.

Anyways - Enjoy your fighting a non existent enemy i.e. empty air with the sword.
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Farmer
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Jackjill:


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Jackjill
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Sanman:

how about the investment capital they bring in ?



what about the Capital they bring in?? who gives a shit, if the capital does not hold value in long term

Sanman:

capital kaavail profits pokoodadhu ante china laaga govt anni own chesukoni run cheyaali.


I don't exactly know what your understanding is on -- FDI in Retail industry of India is -- The reason that Indian GOVT quoted to allow FDI is to fill up the current account deficit and in semi short term (let me know if you want to know the numbers, I calculated less than pay back back period) it is a drain on the current account, which Indian Govt wants to fill it up.

I just do not understand the concept behind allowing one time big credit against recurring Debits(imports and realization of credits).I am sorry, I am a dumb FI trader, who cannot think beyond numbers.
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Sanman
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Jackjill:

But when these Foreign Retail Chains start importing Goods and realizing profits that they want to account in their Base Currency these transactions will create Debit Entries on our Current Account, which will again run into deficit.


how about the investment capital they bring in ? capital kaavail profits pokoodadhu ante china laaga govt anni own chesukoni run cheyaali.
your google is as good as mine
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Jackjill
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Dada:

BOP ki FDI ki - absolutely no relation at all....



Dada:

Please - we need to get our facts right before believing all and sundry.


MMS goru PM ayyinappati nunchi Capital Account ni Balanace of Payments calculations nunchi omit chesaraa??

Vjavasi's argument, if I understand it correctly, is Indian Govt is trying to fill the Preset Current account deficit by creating a Capital Account surplus. But when these Foreign Retail Chains start importing Goods and realizing profits that they want to account in their Base Currency these transactions will create Debit Entries on our Current Account, which will again run into deficit. So the intended effect is just a mirage.

I have no idea on how the FDI will impact or change the landscape of our supply chain system so cannot speak on its effect on our domestic industry, but where as macro-economic situation of India is concerned I do not see these Investments having any miraculous effect.
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Tilak
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Ballasticmissile:

3)asala ye ye sectors lo fdis allow cheste more growth and use untundi...



akkada communist/right wing lit .. will lead u no where ani judge chesi paradobbar .. so inka vere vallani adagatam enduku .. antha telisina aayanne adigithe paaye ..
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda

Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin
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Ballasticmissile
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naakunna doubts clarify cheyandi.....
1)fdis valla expecially in retail yenta infrastructure growth undocchu....
2)infra lo fdis invest cheyatam beste kada because they cannot move them ....
3)asala ye ye sectors lo fdis allow cheste more growth and use untundi...
ee suject meeda yedanna video links unte ivvani chusi nerchukunta....pillavadini knowledge vastundi....
Pawan || YSR|| Indira|| Adi-shankaracharya ||Cleopatra
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Vjavasi
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Retail FDI - the real dangers

http://quicktake.wordpress.com/2011/12/04/retail-fdi-the-rea l-dangers/
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Jawmetri
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Dada:

Please stop beleieving Communist / Right Wing literature whcih will not lead you anywhere.





unfortunately i think BJP is just arguing because they are being in opposition.
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Vjavasi
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read some basics here on foreign exchange reserves......then discuss on FDI

http://dare.co.in/strategy/legal-policy/understanding-foreig n-exchange-reserves.htm
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Dada
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BOP ki FDI ki - absolutely no relation at all....If Walmart invests, for e.g. 400 USD Mill, the investment goes into creating Infrastructure for their operations - and not to the Government reserves.

It is because Indian retailers doe not have the cash reserves to invest 400 Mil USD in one go and hence are not able to create the Infrastructure.....

In IT Services Ericsson was the largest Investor in the last 2 years in India....The largest investors in Indian IT services have always been Oracle, Microsoft, HP,IBM etc... That does not mean that they are bringing Dollars into the country - They are investing in Infrastructure (people & material) to create development / delivery centers .

Please - we need to get our facts right before believing all and sundry.
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Dada
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FDI only meams additional funds brought by a Foriegn Institite / Organisation...
Even an Indian Org can raise funds thorugh the ECB route. But there are limits due to credit worthiness...and hence we invite FDI.....
Infact Indian companies have become FDI investors in certain sectors in African countries - for e.g. Bharti Airtel in 16 countries of Africa.

Please stop beleieving Communist / Right Wing literature whcih will not lead you anywhere.
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Dada
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Posted on Sunday, September 23, 2012 - 03:58 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

FDI ante Dollars lo salaries pay cheyyaru - FDI means investemtn by a Foreign INstitute - and this is not linked to BPO - vThe FOrx reserves are determined by Imports and Exports.....
If Oracle sets up office in India - it if FDI - but the transactions are in INR....same with SAP or Microsoft - All these FDI.....
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Vjavasi
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Posted on Saturday, September 22, 2012 - 10:58 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Qdoba:

nee America & dollar meeda edupu meeda pette time investment, please focus your energies on corrupt politicians who are looting your own country's wealth.





ee thread lo ekkadanna america, dollar meedha edupu vundha?.....facts ni edupu antara nee bhasha lo
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Vjavasi
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Posted on Saturday, September 22, 2012 - 10:56 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Sanman:

ivanni teliyakundaane pakka thed lo etakaaram chesaava ? if you talked normally i would not have said those things





sare naaku teliyadule nuvvu cheppu......foreign exchange FDI,NRI remmitances, loans from internatioal banks and countries kakunda govt ela purchase chestundhi......deni tho purchase chestundhi......
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Jujung
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Posted on Saturday, September 22, 2012 - 08:08 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

It'd be amusing, if it isn't so devastating on the country's economy, to see badly informed swadeshis and wrongly indoctrinated communists joining hands to rail against globalization. To be sure, there are such people even among the american political parties starting from the president himself. But, whatever their public rhetoric is, at least when it's time to actually act, they refrain from such idiocy.
The folly of mistaking a paradox for a discovery, a metaphor for a proof, a torrent of verbiage for a spring of capital truths, and oneself for an oracle, is inborn in us.- Paul Valery
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Sanman
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Posted on Saturday, September 22, 2012 - 04:34 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Vjavasi:

from where they purchase foreign exchange reserves and using what apart from NRI remmitances


ivanni teliyakundaane pakka thed lo etakaaram chesaava ? if you talked normally i would not have said those things
your google is as good as mine
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Qdoba
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Posted on Saturday, September 22, 2012 - 03:22 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Vjavasi:


nee America & dollar meeda edupu meeda pette time investment, please focus your energies on corrupt politicians who are looting your own country's wealth..
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Vjavasi
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Posted on Saturday, September 22, 2012 - 01:57 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Getafix:


are you sure that PVNR regime allowed FDIin desam? I know PV lifted foreign import restrictions on some products and used quota system for agri products but he didnt allowed FDI.





FDI was allowed...that's part of the deal with IMF...many joint ventures between indian and foreign companies happened

http://en.wikipedia.org/wiki/P._V._Narasimha_Rao
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Vjavasi
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Posted on Saturday, September 22, 2012 - 01:49 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Sanman:

Technically govts set the policy and central banks (RBI) purchase, sell, or hold the reserves





from where they purchase foreign exchange reserves and using what apart from NRI remmitances
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Sanman
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Posted on Saturday, September 22, 2012 - 01:43 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Getafix:

are you sure that PVNR regime allowed FDIin desam? I know PV lifted foreign import restrictions on some products and used quota system for agri products but he didnt allowed FDI.


i think he allowed single brand retail not multi brand retail, and it came with some restrictions
your google is as good as mine
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Sanman
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Posted on Saturday, September 22, 2012 - 01:42 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Vjavasi:

can u explain how govts purchase reserve currency


Technically govts set the policy and central banks (RBI) purchase, sell, or hold the reserves
your google is as good as mine
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Getafix
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Posted on Saturday, September 22, 2012 - 01:41 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Vjavasi:

why india allowed FDI during PVNR?




are you sure that PVNR regime allowed FDIin desam? I know PV lifted foreign import restrictions on some products and used quota system for agri products but he didnt allowed FDI.
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Jawmetri
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Posted on Saturday, September 22, 2012 - 01:38 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Vjavasi:

exchange goods or use exchange rates between currencies.....recently Iran showed some enthusiasm....even china-india considering ruppee-yuan trade

http://www.ias100.in/news_details.php?id=393




if they agree, they will not agree for rupees to the trade deficit amount which is running to 30 billion dollars a year.
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Vjavasi
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Posted on Saturday, September 22, 2012 - 01:28 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Jawmetri:


what ? bilateral trade agreements needed to trade in rupees? agreements are always there, just that agreement to trade in rupees is not there.





exchange goods or use exchange rates between currencies.....recently Iran showed some enthusiasm....even china-india considering ruppee-yuan trade

http://www.ias100.in/news_details.php?id=393
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Jawmetri
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Posted on Saturday, September 22, 2012 - 01:15 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Vjavasi:

yes, more bilateral trade agreements needed...especially with oil rich countries....but geo-politcs of west won't let it happen




what ? bilateral trade agreements needed to trade in rupees? agreements are always there, just that agreement to trade in rupees is not there.

very simple. they dont want rupees, they want dollars. For India to trade in rupees, it has to make the world want the rupees.
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Vjavasi
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Posted on Saturday, September 22, 2012 - 01:11 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Abhysg:

why cann't india trade in rupees when it comes to asian countries like pak/lanka/bangla/ malaysia/singapore/etc





yes, more bilateral trade agreements needed...especially with oil rich countries....but geo-politcs of west won't let it happen
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Vjavasi
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Posted on Saturday, September 22, 2012 - 01:08 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Indiarocks:

50% investment in infrastructure evariki istaru?





ardham kaledhu
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Vjavasi
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Posted on Saturday, September 22, 2012 - 01:06 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Sanman:

Most of the times reserves are maintained by purchasing the reserve currency





can u explain how govts purchase reserve currency
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Sanman
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Posted on Saturday, September 22, 2012 - 12:43 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Govts trying to restrict their markets to foreign investments is protectionism and we have seen the result of it in India in the last 50 years. No country's economy flourishes without trade and foreign investments. Indian companies operate all around the world so why should we stop foreign companies from operating in India ? And our excuse for stopping them is incompetence ? Lack of capital is not a problem for any major name retailer in India. Proof ? who is coming up with 49% ? and where is it coming from ? Interest rates definitely are higher in India than other countries and welcoming investments from outside is more on the resolution side of it.
Lower interest rates in some other country just means they are subsidizing money. And it is time to import that money in the form of capital. Someone else is paying the bill for that cheap money so why not take advantage of it ?
India does not determine the world exchange currency. Yes US has an undue advantage with dollar but is rupee the next world exchange currency ? are we even in the competition ? The way to hedge against that is discouraging foreign investment and trade or is it grow as an economic super power where we are in a position to influence international trade and currency ?
Sure companies take profits out of the economy. Nobody does charity. And they are not coming with a pretense of doing charity. They are bringing in capital, an inherent risk, and a hope to make profit. They have to compete with domestic retailers, improving choice to the consumer. At the end of the day it is the consumer that decides whether any company should go with a profit or a loss.
your google is as good as mine
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Vjavasi
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Posted on Saturday, September 22, 2012 - 12:10 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

How this economic architecture helps countries who own reserve currencies/

developing countries work hard and drain their resources to serve the markets in these countries, they enjoy free lunch with just their financial control
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Vjavasi
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Posted on Saturday, September 22, 2012 - 11:43 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

How the necessity to maintain reserve currency and an FDI entangled economy impact developing countries?

they have to strive hard to earn foreign money, it leads to internal imbalances in the economy, export oriented sectors are favoured over others.
drain of natural resources and efforts to serve the foreign consumers even if that means impoverishing fellow country men and communities
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Vjavasi
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Posted on Saturday, September 22, 2012 - 11:30 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Why most MNCs are too big to fail or compete against?

They have access to cheap capital in the form of low interest rates from global financial system controlled by US and europe, even if they fail their home countrys can bail them out at global level by just printing reserve currencies dollars or euros as they did recently in europe and in US in 2009-10
two decades of FDI experience in India shows no indian company could compete with them directly
FDI in any sector connects it with global economy and its vagaries
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Vjavasi
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Posted on Saturday, September 22, 2012 - 11:28 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Why most MNCs are too big to fail or compete?

They have access to cheap capital in the form of low interest rates from global financial system controlled by US and europe, even if they fail their home countrys can bail them out at global level by just printing reserve currencies dollars or euros as they did recently in europe and in US in 2009-10
two decades of FDI experience in India shows no indian company could compete with them directly
FDI in any sector connects it with global economy and its vagaries
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Vjavasi
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Posted on Saturday, September 22, 2012 - 11:17 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

what kind of FDI drain the developing economy in the long run?

FDI into existing sectors capturing local business, like FDI in retail

ex: coke,pepsi captured entire indian soft drink market, now whatever profits they earn country has to pay them in reserve currencies.

indian retail trade is close to $400 billion annually, imagine MNCs capture 25% of this retail trade of $100 billion and earn 5-10% profit, india has to pay them 5-10 billion in reserve currencies to these MNCs without any extra revenue or value to economy. so india will become more dependent on foreign reserves, apart from footing oil and other import bill, now it has to pay the MNC profits also
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Sanman
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Posted on Saturday, September 22, 2012 - 10:54 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

But how about friends of govt ? How do they benefit ? They have an inseparable clout in govt to create policy which in turn comes from keeping ties with ministers, funding elections, feeding the bureaucracy etc. Not to worry. Indian govt never lets down its rich financiers and friends. They get their 49% share in the form of joint ventures with foreign companies
your google is as good as mine
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Sanman
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Posted on Saturday, September 22, 2012 - 10:48 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Any investment that comes from any part of the world is not held directly in foreign reserves. It just brings extra money into the economy, which helps the govt to hold higher amount of reserves.
Which is the reason why a retail investment from walmart is not any more lucrative than say Tesco or BMW or Apple. It is the amount of additional capital that comes in that matters. FDI compared traditional to bond and derivative investment is more stable, long term and less volatile.
FDI in retail for developing countries has many more advantages than finance or services, such as regulating the demand supply disparities, reduction of wastage, bigger insurance to producer, knowledge and technology transfer, improvements in service and quality to consumer, guaranteed tax revenue to govt, higher employment standards etc
your google is as good as mine
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Sanman
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Posted on Saturday, September 22, 2012 - 10:43 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

FDIs are not the only way to accumulate foreign exchange reserves. Most of the times reserves are maintained by purchasing the reserve currency, which is currently USD, not by asking US companies to invest in India. Liberalizing the economy is a quick way to attract investments from any foreign investors, not just US
your google is as good as mine
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Indiarocks
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Posted on Saturday, September 22, 2012 - 10:29 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

You r telling only half the story. 50% investment in infrastructure evariki istaru?
What is JP doing for Kukatpally?
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Vjavasi
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Posted on Saturday, September 22, 2012 - 10:27 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

What kind of FDI is beneficial to countries?

FDI that add new value to the country in terms of new technology or FDI in export oriented sector that earns revenue in foreign exchange

Ex: some MNCs establish manufacturing facilities in developing countries and export to the world market, with this type of FDI country gets continuos stream of foreign exchange earnings while simultaneously creating jobs in economy
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Vjavasi
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Posted on Saturday, September 22, 2012 - 10:20 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

How MNCs invest?

they give mostly dollars and other western currencies to the country where they invest, the country gives them equivalent local currency at prevailing exchange rate, thy use it for their operations inside the country, earn profits in local currency, covert their local profits into reserve currencies
for the investment they bring, they also take back profits. so country has to maintain steady foreign exchange reserves all the time
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Abhysg
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Posted on Saturday, September 22, 2012 - 10:19 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

why cann't india trade in rupees when it comes to asian countries like pak/lanka/bangla/ malaysia/singapore/etc
no siggy
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Vjavasi
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Posted on Saturday, September 22, 2012 - 10:09 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

How dollar and other western currencies maintain the status as reserve currencies?

with their control on world oil trade and their traditional advantage in high end manufacturing,technology,arms. with political and economic clout they enforced a global economic architecture that make their currencies play the role of global reserve currencies
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Vjavasi
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Posted on Saturday, September 22, 2012 - 10:00 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

why india allowed FDI during PVNR?

it's foreign exchange reserves were empty....without foreign exchange reserves it couldn't buy stuff like oil and other necessary imports, so india allowed FDI for dollars devaluating ruppee
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Vjavasi
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Posted on Saturday, September 22, 2012 - 09:56 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

why developing countries need FDI in reserve currencies?

ans: To gain purchasing power in global market, their own currencies can't buy them stuff in global market
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Vjavasi
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Posted on Saturday, September 22, 2012 - 09:51 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

chala mandhi FDI ani chankal guddukuntunnaru

what is FDI?

simple answer: Investment in world reserve currencies, mostly dominated by dollar

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