Bullish Mind
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‼️India Faces Multi-Billion Dollar Losses - Indian Economy on sharp downside 🔻
‼️India's estimated economic loss are approximately $234.31 billion, so far. Long-term Indian losses are expected to climb to trillions of US dollars (after detailed assessment).
‼️Under Operation Bunyan-um-Marsous, Pakistan successfully destroyed India’s S-400 air defense system stationed at Adampur. The destroyed system, the Russian-made S-400 valued at $1.5 billion, was one of India’s most critical air defense assets.
‼️ Pakistan has shot down five Indian fighter jets amid growing hostilities, inflicting a staggering financial blow estimated at $956 million. These shot down aircraft include three Rafale jets ( $288 million), one SU-30MKI ($62 million), and one MiG-29 fighter jet ($30 million).
‼️Pakistani defense systems successfully intercepted and downed 77 drones, including Harop and Harpy drones, each valued at approximately $700,000 inflicting a total loss of $54.18 million.
‼️According to latest *Reuters report, Indian shares declined for the second consecutive session on Friday, wiping out approximately $83 billion in market value. Both the Nifty 50 and the BSE Sensex fell by 1.1%.
‼️Indian investors lost Rs 3.5 lakh crore ($40.75 billion) at the opening tick on Friday, Additionally, the Indian stock market declined by 1.3% over the week, resulting in a cumulative loss of $108 billion for investors.
‼️The Indian rupee experienced its steepest single-day decline in over two years, dropping 1.04% from 84.83 to 85.71 against the U.S. dollar, marking its largest drop since February 2023, as reported by Reuters.
‼️Following Pakistan’s decision to close its airspace amid rising tensions after the Pahalgam false flag operation, Indian airlines incurred weekly costs of approximately Rs 77 crore ($9.11 million) due to rerouted international flights. The monthly operational impact on Indian airlines exceeded Rs 306 crore ($36.20 million).
As of today, 32 airports in India have been closed, resulting in an estimated 400 flight cancellations. This has contributed to nearly Rs 30 crore ($3.49 million) in daily revenue losses for Indian aviation companies.
According to an HSBC report, IndiGo, Air India, and SpiceJet are among the hardest hit, with estimated daily business losses of Rs 7 crore ($0.82 million), Rs 5 crore ($0.58 million), and Rs 1.5 crore ($0.17 million), respectively.
The financial impact on Indian aviation is considerable. IndiGo's capacity is reduced by 8.5%, Air India's by 18%, and SpiceJet's by 26%. The estimated revenue losses are Rs 16.6 crore ($1.93 million) for IndiGo, Rs 10.5 crore ($1.22 million) for Air India, and Rs 2.3 crore ($0.27 million) for SpiceJet.
The hotel industry is also feeling the strain, with potential daily business losses of Rs 1 to 1.5 crore ($0.12–0.17 million) for Indian Hotels Co. and Rs 5 crore ($0.58 million) for Ventive Hospitality, due to the decline in inbound international tourism, the report said.
The suspension of the IPL,valued at over $6 billion, has dealt a significant blow to the media business industries. Karan Taurani, a Mumbai-based analyst at Elara Capital, estimated that the suspension could result in a 30 to 40% loss in broadcasting revenue.
A massive cyberattack has crippled 70% of India’s power grid and disrupted key sectors: including energy, telecom, defense, and government portals like the BJP’s website, potentially causing economic losses worth hundreds of millions of dollars.
India’s economic growth slowed to a nearly four-year low of 6.5% in the financial year ended in March. Higher defense spending amid the conflict, according to Moody would potentially weigh on India’s fiscal strength and delay its fiscal consolidation efforts.
India’s strategic gamble has turned into an economic self-inflicted wound. The real cost of this conflict is not just monetary: it's a loss of credibility, stability, and public trust that may take years, if not decades, to recover.
‼️Under Operation Bunyan-um-Marsous, Pakistan successfully destroyed India’s S-400 air defense system stationed at Adampur. The destroyed system, the Russian-made S-400 valued at $1.5 billion, was one of India’s most critical air defense assets.
‼️ Pakistan has shot down five Indian fighter jets amid growing hostilities, inflicting a staggering financial blow estimated at $956 million. These shot down aircraft include three Rafale jets ( $288 million), one SU-30MKI ($62 million), and one MiG-29 fighter jet ($30 million).
‼️Pakistani defense systems successfully intercepted and downed 77 drones, including Harop and Harpy drones, each valued at approximately $700,000 inflicting a total loss of $54.18 million.
‼️According to latest *Reuters report, Indian shares declined for the second consecutive session on Friday, wiping out approximately $83 billion in market value. Both the Nifty 50 and the BSE Sensex fell by 1.1%.
‼️Indian investors lost Rs 3.5 lakh crore ($40.75 billion) at the opening tick on Friday, Additionally, the Indian stock market declined by 1.3% over the week, resulting in a cumulative loss of $108 billion for investors.
‼️The Indian rupee experienced its steepest single-day decline in over two years, dropping 1.04% from 84.83 to 85.71 against the U.S. dollar, marking its largest drop since February 2023, as reported by Reuters.
‼️Following Pakistan’s decision to close its airspace amid rising tensions after the Pahalgam false flag operation, Indian airlines incurred weekly costs of approximately Rs 77 crore ($9.11 million) due to rerouted international flights. The monthly operational impact on Indian airlines exceeded Rs 306 crore ($36.20 million).
As of today, 32 airports in India have been closed, resulting in an estimated 400 flight cancellations. This has contributed to nearly Rs 30 crore ($3.49 million) in daily revenue losses for Indian aviation companies.
According to an HSBC report, IndiGo, Air India, and SpiceJet are among the hardest hit, with estimated daily business losses of Rs 7 crore ($0.82 million), Rs 5 crore ($0.58 million), and Rs 1.5 crore ($0.17 million), respectively.
The financial impact on Indian aviation is considerable. IndiGo's capacity is reduced by 8.5%, Air India's by 18%, and SpiceJet's by 26%. The estimated revenue losses are Rs 16.6 crore ($1.93 million) for IndiGo, Rs 10.5 crore ($1.22 million) for Air India, and Rs 2.3 crore ($0.27 million) for SpiceJet.
The hotel industry is also feeling the strain, with potential daily business losses of Rs 1 to 1.5 crore ($0.12–0.17 million) for Indian Hotels Co. and Rs 5 crore ($0.58 million) for Ventive Hospitality, due to the decline in inbound international tourism, the report said.
The suspension of the IPL,valued at over $6 billion, has dealt a significant blow to the media business industries. Karan Taurani, a Mumbai-based analyst at Elara Capital, estimated that the suspension could result in a 30 to 40% loss in broadcasting revenue.
A massive cyberattack has crippled 70% of India’s power grid and disrupted key sectors: including energy, telecom, defense, and government portals like the BJP’s website, potentially causing economic losses worth hundreds of millions of dollars.
India’s economic growth slowed to a nearly four-year low of 6.5% in the financial year ended in March. Higher defense spending amid the conflict, according to Moody would potentially weigh on India’s fiscal strength and delay its fiscal consolidation efforts.
India’s strategic gamble has turned into an economic self-inflicted wound. The real cost of this conflict is not just monetary: it's a loss of credibility, stability, and public trust that may take years, if not decades, to recover.
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