🇦🇷What Right wing J. Milei has done in Argentina has been astonishing. Milei inherited a country with a massive monthly inflation rate of 25.5%. He brought it down to 2.4%. He slashed government spending bringing the country back from recession

India has a 0% chance of a recession.

India is growing faster than ever.

As Indian’s make more money

Consumption increases

Not just in tier 1 cities

But in all areas of Bharat.

In parallel

Premium consumption

Is growing in tier 1 metros at an all time high

India is a consumption based economy

With consumption growing so fast

I believe India will reach its mark at being

A $35 trillion dollar economy by 2047.

It’s India’s century!

🇮🇳🚀.

Every nationalist should watch this video & share widely👇🏻

Arnab presents his report card on #100DaysOfModi3 &it makes our chest swell with pride

While🌍is in recession & looks at us as shining star,should we let desi Mir Jaffers derail our growth story?

Market carnage amid a looming U.S. recession and a possible new war in the Middle East.

Japan's Nikkei 225 dropped 18.2% in two days, including a 12.4% plunge today — the worst single-day decline since 1987.

Taiwan's stock market suffers from the worst day in 57 years.

Over $1,000,000,000 liquidated from the cryptocurrency market in the past 24 hours — Bitcoin is currently trading at $52,500.

All this has impact is Indian market too but the work which has been done by BSE, NSE, RBI and FM in last few years based on Modi Economic policy has saved Bharat from Blood Bath at will of Cabal

Market carnage amid a looming U.S. recession and a possible new war in the Middle East.

Japan's Nikkei 225 dropped 18.2% in two days, including a 12.4% plunge today — the worst single-day decline since 1987.

Taiwan's stock market suffers from the worst day in 57 years.

Over $1,000,000,000 liquidated from the cryptocurrency market in the past 24 hours — Bitcoin is currently trading at $52,500.

All this has impact is Indian market too but the work which has been done by BSE, NSE, RBI and FM in last few years based on Modi Economic policy has saved Bharat from Blood Bath at will of Cabal

The World Today

The global landscape is facing significant challenges:

Major layoffs are occurring in the United States within the tech sector, compounded by a national debt of 31 trillion dollars.
Japan's stock market has experienced a significant crash.
In China, both the real estate and banking sectors are collapsing.
Europe is experiencing zero growth, with the United Kingdom and Germany officially in recession.
Neighboring countries like Pakistan and Sri Lanka are facing economic collapse, with some regions struggling to provide even basic necessities like food.
Amidst these difficulties, India stands out as a beacon of resilience:

India is currently the fastest-growing economy in the world.
Exports are on the rise, contributing to a booming economy.
The country's foreign exchange reserves have reached an all-time high, alongside record levels of gold reserves.
The stock market is soaring, reflecting investor confidence and a strong economic outlook.
Investment is flowing into the country at an unprecedented rate.
Foodgrain production remains healthy, ensuring food security.
Both the banking and real estate sectors are solid and stable.
Jobs are being created continuously, bolstering the labor market.
An impressive 80 million people have been lifted out of poverty.
Credit for these achievements must be given to the leadership and vision of this man👇

Had the government been under the leftist Indian alliance over the past decade, one can only imagine how dire India's situation might have been.

Tight slap to Haywards 5000, RRR economists from Chicago who were predicting recession for India and claiming Indian GDP is only growing under 5% and economy is in tailspin

From Dr GP:
Dear The Guardian,
Trust you are doing well.

I don't understand why you have to poke your nose everywhere? Did we ask you why the United Kingdom still has a king and why you had to change 3 Prime ministers in a span of 3 months? Did we ask you why your economic growth is negative? Did we ask you why the UK only country seeing recession? Did we?

Are you not the same country which looted 57 trillion dollars from my country? Are you not the same country which took our food and funded your army in the second world war, which killed nearly 3 million civilians during the Bengal Famine? And now you are teaching us democracy? Where was democracy when you ordered the Jallianwala massacre.

I suggest you focus on your economy and your government. Don't you remember how your country thanked an Indian company for ordering airplanes?

Get out of the superiority complex. We don't need lessons of democracy from a country which invaded half of the world and made them a colony. Please!

Warm Regards,
An Indian.

UK's economy contracted for a second quarter at the end of 2023, slipping into recession.

Japan is already into it along with Germany and China facing heat

the only bright spot is BHARAT

Amidst recent economic shifts, significant changes are underway in various sectors across the United States. These transformations have unfortunately resulted in mass layoffs, impacting numerous employees and communities:

- Amazon's decision to discontinue iRobot vacuum robots has led to a reduction of 31% of its workforce.
- PayPal has streamlined its operations, resulting in a 9% reduction in its workforce.
- Microsoft's recent acquisition of Activision has resulted in the layoff of 1,900 employees during this week alone.
- UPS has made the difficult decision to dismiss 12,000 individuals from its workforce.
- Citigroup Bank has announced a sizable layoff of 20,000 employees.
- Discord is undergoing changes, leading to a 17% reduction in its staff.
- Twitch, a prominent platform, will be laying off 35% of its workers.
- eBay has implemented workforce reductions, affecting 9% of its employees.

Biden chaha says No Recession

"Surge in Indian Tourists to Nepal Amidst Tibetan Pilgrimage Restrictions"

Nepal experienced a record-high influx of Indian tourists, totaling 287,244 as of November, a notable increase attributed to Tibet's denial of access to nearly 50,000 Indian pilgrims booked for the Kailash Mansarovar Yatra. The ban redirected pilgrims to Nepal's holy sites like Muktinath and Lumbini, driving an upswing in Indian visitor numbers.

This surge, predicted to exceed 300,000 by year-end, was primarily due to pilgrimage draws like Muktinath, further catalyzed after Indian Prime Minister Narendra Modi's visit in 2018. Despite the COVID hiatus, Indian tourists are returning, particularly during the pilgrimage season from April to October, peaking in June and May.

While the closure of China's border disrupted pilgrimage plans, Nepal served as an alternative, boosting the tourism industry's hopes for revival amidst a recession. However, Nepal's stringent policies, including currency restrictions and bans on high denomination Indian notes, remain a concern.

Though Nepal has various routes to Kailash Mansarovar, Tibet's restrictions redirected pilgrims through Nepalgunj, contributing to the rise of luxury hotels catering to Indian visitors. Nepal's hopes to leverage tourism for economic revival face hurdles due to evolving policies and challenges in international flight operations, despite significant investments in infrastructures like the Pokhara international airport.

The future policies of Beijing regarding Indian travelers will unfold in January, possibly affecting pilgrimage routes. As pilgrims seek alternative paths due to limitations, Nepal remains a pivotal gateway despite the challenges posed by the pandemic and geopolitical restrictions.

[Source: Kathmandu Post]

Harvard University graduate and the only economist ever born in India says that Narendra Modi doesn't know any Economics and is a disaster

Let us understand this with an example with facts

Pre 2014

Before Modi ji took over as PM, the unbanked population in India was more than 58 Cr. Most people even with banks use to do business in cash.

Take an example of a chai wala

A Chai wala sells 200 cups of tea everyday costing Rs 10 per cup. His daily revenue was 2000 cash, monthly 60000, and annual 7.2 Lacs

He keeps this cash at home, buy raw materials with cash, and full stop. His cash was only used to make his living not improve. He has zero bank support

Post 2014

Modi ji opened the Jan Dhan Account as his first attempt at financial inclusion of the neglected population. Today more than 55 Cr people have Jan Dhan account

The next he brought in DeMo. Almost 90% of black cash business was wiped out which was not just killing the bank but even the poor was not getting any benefit from growing GDP

The next what he did was a gem of planning and a detailed part of blue print. With Jio he forced every internet provider to reduce data rates from Rs 250/GB to just under Rs 5/GB

Next, he brought in UPI which was a complete data drive product. Its implementation was somewhat forced but it was the best decision in favor of the poor. You know how the UPA Finance Minister and opposition laughed at it

As time passed, the UPI penetrated deep up to last man in line. Today you can even pay Rs 1 via UPI

The impact it had on the poor and Chai Wala as an example is that now he collects revenue from his business via a QR code which goes directly into his account. His banking activity increased like never before and the bank is happy with his Money he is now on the credit score scale in green

Now since he is banking and his score is green, its time for the bank to step in and offer a loan. For a 7.2L annual revenue, the bank is ready to give him an approved Loan of 5 to 10L

In place of private lenders, he now gets loans from the bank at a very attractive rate which helps him expand his business

Now more business, more revenue, More banking, more availability of money, and more income. The cycle which was not moving for the last 70 years started rotating. Now this Chaiwala is part of GDP and can enjoy the fruits of a growing economy

Now Chaiwala get the opportunity to expand, no fear of robbing, clean business, Govt get tax, Mobile operator get better revenue,

This is the reason why India's projection is top in the world when most developed nations are witnessing a recession

This is Kautilya Arthashastra, firing up the bonfire from bottom of the Pyramid and hence Sanatan economies

Now honestly tell me who is better educated on the economy.

Swamy or Modi

Remember, it's not the degree that matters, it's the ground understanding, and needless to say, Swamy has zero knowledge of ground facts along with his students. He is just a Harvard bubble

LEADER don't amplify problem, they define it
Dr Gaurav Pradhan

Argentina slides into recession amid upcoming elections

Argentina's economy contracted more than expected in April-June, the worst performance since the peak of the pandemic in early 2020, confirming that the country is entering a deep recession.

The nation's GDP shrank 2.8% in the Q2 compared to Q1.

Xi Jinping requested Narendra Modi to normalize ties between both India and China and Earlier Foreign minister of China also pleaded with NSA Ajit Doval.

But WHY this change in behavior suddenly when just last year they were up in arms against India and fueling all unrest?

First, understand the Fundamentals

The world works not on religion or the color of your skin, it works on trade. and Geo Politics is all about trade

The most important to understand is this...

The top 2 economies in the World are the US and China but why we don't know fundamental

The US is a consumption-based economy. from a screw to cars to clothes to food they import from China for domestic consumption, having made $ as international trade currency, they print money. You all know about $33+ Trillion debt in the US. They have very limited domestic production

On the other hand, China is a completely export-based Economy. The country depends on exports to the US and Europe primarily. The domestic population is hand-to-mouth, with no labor law, and no minimum wages. Call it a slave economy and China is the first copy production with no effort on innovation. Having bought US bonds, they have a sizable control over their customers. In Africa, they control mines and agricultural land for the same purpose and now Africa already started kicking them out. The production quality standard of China is worse than in the World

Now where is the Indian Economy?

INDIA is the only economy in the world where if you don't export anything, the local market is so big that it can consume entire production. India was always a giant but all previous govt never tried to wake up sleeping entrepreneurs or support businesses. They prefer to import from China and handed over 1.3 billion people market to China from Diwali Diya to N3 mask to Medical API etc

Post-2014, the fault line was corrected. Now we have thriving production in every area and the middle class growing resulting into domestic purchasing power while we export best to the world also

The Zero Defect Policy, Make in India, Start-up India, Skill India ect policies now showing result. With more ports, High-speed Dedicated Freight Corridor, Road network movement becomes faster and cheaper

So India is the only economy with is consumption-based as well as production-based. This is why the recession will never hit India and the biggest wheel spinner are Sanatan festivals

Now you understand the China worry. The US going down, Europe going down but India growing

In the last few years Indian Govt

1. Crackdown on Chinese companies by Indian agencies. The Hawala, under-invoicing, cash business were shot down as agencies get free hand

2. Sudden shift in India's approach towards Tibet and Taiwan. While Nehru and the Congress gave everything to China on a platter, the Modi govt is all set to reclaim it back. Remember Coup theory? China wants Siachin which Manmohan Singh govt was all set to give

3. Record decline in Chinese exports to Bharat as I explained above. Imagine from a simple mask to ppE kit we use to import 100%

The strong Diplomacy of Bharat now holds China's neck on all fronts.

This is why China slowly coming to its knees and rest assured, soon they will be on the floor begging India

Last but not least, Like US, and China know Modi ji is coming back in 2024 and any further mess up with India will cost them their entire legacy

This is Sanatan Economics which I have been talking about since 2013 India had to focus on Bharat, the bottom of the pyramid to start the wheel of development. I wrote this in a series of tweets in 2013 when India was put into the Fragile 5 category

You boost consumption which force business to produce more and hence more middle class get employment and hence govt get more tax to put back into the nation's development

Jai Hind
Copied from Dr G Pradhan

⚡ 🇳🇿New Zealand slipped into Recession.

New Zealand's economy has fallen into a recession after the country's central bank aggressively raised interest rates to a 14-year high. Its gross domestic product (GDP) fell by 0.1% in the first three months of the year, official figures show.

While, whole world is facing recessions and job cuts, struggling with stagflation, India is blazing all guns and booming.

3 year high Manufacturing output for the month of May. Impressive economic performance.

Stunning V-Shaped recovery from the Pandemic.

Kudos to PM Modi, Nirmala Sitharaman, RBI Governor Shaktikanta Das, Finance ministry officials

IMF Upgrades UK Economic Outlook, But Warns of Subdued Growth

The International Monetary Fund (IMF) has revised its forecasts for the British economy, no longer anticipating a recession in 2023. The IMF now expects a growth of 0.4% for the year, attributing the improved outlook to factors such as resilient demand, increased government spending, improved business confidence, lower energy costs, and the normalization of global supply chains. However, the IMF cautions that despite the recent improvements, the overall growth outlook remains subdued. The IMF also highlights the challenges of high inflation, partly caused by the Ukraine-Russia conflict and pandemic-related labour supply issues.

It predicts a decline in inflation to around 5% by the end of the year and a return to the 2% target by mid-2025. The IMF's forecast indicates a growth rate of 1% in 2024, followed by 2% in the subsequent two years, before settling at a long-term growth rate of approximately 1.5%. The IMF suggests that addressing long-term illness's impact on the labour force and reducing policy and regulatory uncertainty would enhance Britain's growth potential. It also emphasizes the importance of monitoring inflation and wage increases closely while ensuring appropriate monetary policy adjustments. The IMF's statements come amidst the Bank of England's series of interest rate hikes, which are expected to peak at 5% later this year.

The U.S has seized the assets of Silicon Valley Bank in the largest failure of a financial institution since the Great Recession more than a decade ago.