Posted on 11/28/2025 7:50:53 AM PST by cold start
India’s economy grew 8.2% in the July–September quarter, accelerating from 5.6% a year earlier, boosted by robust performance in manufacturing and services, government data showed on Friday.
(Excerpt) Read more at upstox.com ...
Good. Now the H1Bs can all go home to their great economy.
“India’s economy grows at six-quarter high of 8.2% on strong manufacturing, services”
One of those services is buying Russian crude, refining it, and then selling it to Europe at HUGE markup, rather than Europe simply buying the crude and refining it (or having Russia refine it).
The result of Europe sanctioning itself.
Its wondrous what happens to a country when they abandon socialism. Yet they are only one or two elections from a return to stagnant poverty.
With just 500% more economic growth, India will qualify as a Middle Class country!
India ,World Leader in Scam phone calls
Yeah but do they still pack people into trains like sardines including on the roofs?
Waitamminit. I thought the tariffs were supposed to kill the economies of our trading partners!!
Ah, only the parasitic Indian companies that sell Tech companies Indian H1B slaves are getting hurt. Yeah, that makes sense. Kinda when the Brits ended the transAtlantic slave trade it was the West African slavers that got hurt.
Why would the H1Bs do that? Trump has put H1Bs ahead of Americans. India first, India always.
The tariffs were on goods, not services.In any case, the largest users now of H1B are American companies who shift some of their Indian staff to the US.
Indian exports to the US are sharply down because of the tariffs but there has been some diversion of exports away from the US to other places mitigating some of the losses. India’s economy though is internal consumption driven, not exports driven unlike many other US trade partners. Internal consumption has been robust which accounts for the GDP growth.
Total trade with the US accounts for less than 2% of India’s GDP which is why you haven’t seen India rush in to make a trade deal on US terms. A trade deal is likely soon but it will be on more equal terms than many others have got.
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