Economy and Finance
News and views related to the Indian Economy and Financial sector
India becomes atmanirbhar in the toy industry, imports from China reduces by over 70% in recent years
ANI -
As part of the Local for Vocal initiative, India is making a strong course correction in the toy manufacturing ecosystem.
What happened to Kotak Mahindra Bank? RBI orders it to stop issuing credit cards and onboarding new online customers: Here is what it means
RBI bars Kotak Mahindra Bank from onboarding new customers through online, mobile banking; issuing new credit cards
Canada falls to Halal blackmail: How Raghuram Rajan too wanted to introduce Islamic Banking in India
Recently released repport report by Canadian government read, "Budget 2024 announces that the government is exploring new measures to expand access to alternative financing products, like halal mortgages. This could include changes in the tax treatment of these products or a new regulatory sandbox for financial service providers while ensuring adequate consumer protections are in place."
‘Pranab Mukherjee, P Chidambaram pressured RBI to present rosier growth picture’, ex-RBI Governor D Subbarao makes shocking revelations
Subbarao alleged that the finance ministry, led by Pranab Mukherjee, and P Chidambaram, pressed the RBI to lower interest rates and create a more positive picture of development to boost the confidence of people in the government.
Tesla signs deal with Tata Electronics to make semiconductor chips for its global operations: Report
In recent weeks, Tesla has reportedly accelerated its efforts to establish an Electronic Vehicle (EV) manufacturing plant in India with an estimated investment of around $2-$3 billion.
CPI-based retail inflation eases to a 10-month low, stands at 4.85% for March 2024, Industrial output at a 4-month high
Apart from a decrease in retail inflation, the industrial output rose to a four-month high marking further signs of buoyancy towards the end of the fiscal year (FY) 2023-24.
Khatakhat paisa aata rahega: Rahul Gandhi claims magical method to remove poverty, gives old Alu-Sona, the escape velocity of Jupiter logics
Similar to the Congress Lok Sabha manifesto, Rahul Gandhi did not provide a strategy for carrying out his commitment.
Elon Musk to meet PM Modi in India this month and announce Tesla plant, company starts making cars for India in Germany instead of...
Musk will meet PM Modi in the week beginning 22 April, and will separately announce the plans of Tesla for India.
Sensex crosses 75000 mark, was at 25000 when Modi govt came to power in 2014: How 10 years of Modi rule has been a...
The historic milestone aligned with Prime Minister Narendra Modi-led NDA government at the Centre for the last ten years. When Narendra Modi first became Prime Minister in 2014, the Sensex celebrated the historic verdict by surging roughly 1400 points to exceed the 25,000 mark. Now, ten years later, as PM Modi is vying for a third term in the forthcoming Lok Sabha Elections of 2024, the Sensex has crossed the landmark 75,000 mark.
Elon Musk’s Tesla in talks with Mukesh Ambani’s Reliance Industries to set up EV manufacturing plant in India: Report
A source aware of the development stated that the talks between Tesla and Reliance are in the initial stages and have been “ongoing for over a month”.
