Economy and Finance

News and views related to the Indian Economy and Financial sector

Rahul Gandhi talks while PM Modi delivers the Make In India promise: Apple to shift mass production of iPhones from China to India

While Bengaluru unit of Apple was already manufacturing older models, the new facility will manufacture newer phones

Modi government’s surgical strike(s) on Black Money: A multi-pronged, systematic approach that has been cleansing corruption effectively

Demonetization was not a whim of one person, it was perfectly planned move. When on November 8, 2016, at 20:00 hrs, PM Modi announced demonetisation, people with black money knew they were in trouble.

Kumaraswamy questions Balakot airstrikes, says bombs had hurt only trees

Kumaraswamy said that the Prime Minister was publicising the air strikes as if he himself had carried out the strikes.

Filmmaker turned journalist insinuates the fall of Jet Airways being PM Modi’s fault, uses it to deride BJP’s ‘Vikas’ agenda

Kapri, whose 'journalism' often sounds like Congress' election campaign, insinuated that the entire Jet Airways crisis is somehow the fault of the Modi government.
software jobs growth india modi

The IT-industry shows a 38% rise in job creation since last year: Report

Despite much brouhaha created by the Congress over job creation, multiple sources have reiterated that around 15 million jobs were created in India by the Modi government per year.
Increased taxes are nothing to be worried about, says Sam Pitroda about the funding of the NYAY scheme

Do not be selfish, prepare for more taxes to fund NYAY scheme: Rahul Gandhi’s aide Sam Pitroda’s advise to Indian middle class

Putting the onus of guilt on the middle class for worrying about taxes, Pitroda said, "How can you see poor people around you and worry that somebody might take a 10 paisa from you. That is not India."

Former Niti Ayog Vice Chairman slams Rahul Gandhi’s ‘NYAY’: Fiscally imprudent and may cost more than India’s defence budget

The Congress has promised to provide cash support to the poorest 20 percent households of the country if it is voted to power in the upcoming Lok Sabha elections. The party promised to target five crore families or 25 crore individuals as beneficiaries of the scheme.

Economy doomed? Sensex touches all time high and govt collects highest ever GST in March

GST collection in March was highest, and BSE Sensex crossed the 39000 for the first time on April 1st

Jet Airways crisis: over 1000 pilots decide to go ahead with the ‘no flying’ call from April 1

Despite all these crises, Jet has continued to offer discounts and accept advance bookings from passengers which have forced the ministry to intervene.

Rahul’s NYAY scheme adviser wants price rise and high taxes

MIT economist Abhijit Banerjee who is advising Rahul Gandhi on his Minimum Income Scheme explained how middle class is the biggest loser

Rahul Gandhi’s economist advisor says high inflation is good for economy, NYAY scheme will be funded by high taxes and inflation

Rahul Gandhi's advisor and economist Abhijit Banerjee said that NYAY scheme will be funded by high taxes, and it will replace other schemes

Rahul Gandhi’s Minimum Income Guarantee could kill all other subsidies and be the mother of all scams

Remember, India’s worst-case scenario is also the Dynasty’s best case scenario.

Where is the money? Rahul Gandhi’s promise is going to cost a whopping Rs 3.60 lakh crore a year, 13% of union budget

Minimum Income Guarantee Scheme of Congress party ensures monthly income of Rs 12,000 for 20% of India's population

76.48 lakh jobs created in last 17 months, 8.96 lakh jobs in January alone: EFPO payroll data

As per EFPO data, net employment generation in the formal sector touched a 17-month high in January

Laying a perfect economic foundation for Modi Sarkar 2

India remains the fastest growing major economy in the world with an annual average GDP growth during the last five years higher than the growth achieved by any Government since economic reforms began in 1991.

Rupee continues to strengthen on expectations that Modi is going to form the government again

The month of March has witnessed the most robust Rupee performance since 2nd January 2019.

Watch: Arun Jaitley highlights Modi government’s policies which helped the middle class and the economy

"The biggest gamechanger is the Ayushman Bharat, the health care scheme meant for the 50 crore poor people of India. 16 lakh poor people have already availed benefit under this scheme in the last five months," added Jaitley.

131 chartered accountants debunk the politically motivated baseless allegations of some economists and social scientists

CAs appeal to the professionals around the world to come together to present the true picture of India and counter baseless allegations with political motivations
How Media waters down 'cow vigilantism' reports when the mob is a Muslim mob

GDP data: Liberal crowd must explain what happened to the last conspiracy theory before moving to next one

Conspiracy theorists create a cloud of misinformation by throwing a bunch of claims at people, some half true, some false, some impossible to verify

On the expectation of PM Modi’s re-election in 2019, Rupee hits two-and-a-half-month high

The surging popularity of Modi could also be seen as three opinion polls envisioned a clear majority of the NDA in the upcoming general elections
India's manufacturing sector soaring high amidst slumping Asian markets, says Nikkei Asian Review

Thanks to ‘Make in India’, India’s manufacturing expands to hit 14-month high amidst slump in Asia: Nikkei Asian Review

The Indian manufacturing industry is mainly comprised of chemicals, machinery, metals, and textiles. The increasing growth in the manufacturing sector is attributed to Prime Minister Narendra Modi’s ‘Make in India’ initiative, which seeks to transform manufacturing in the country. 

Opinion polls show increased prospect of NDA win in Lok Sabha elections, stock markets jump

Share markets react positively to prospect of NDA winning increasing in opinion polls

MSME sector created around 1.5 crore jobs each year in last 4 years, CII finds in its latest survey

One of the largest job surveys done by CII shows healthy job growth rate in MSME sector during the Modi government
Comprehensive: Why India should be happy to be out of America’s GSP list

Here is why India should be happy to be out of America’s GSP list

India’s total exports are measured in the hundreds of billions of $$$! An amount of $190 million is around 0.05% to 0.1% of our export figure
FATF issues another warning to Pakistan

57% increase in number of suspicious transactions despite grey listing: FATF tightens noose on Pakistan

In the first two months of 2019, FATF has registered 1136 suspicious transaction reports from Pakistan.
The centre has just given nod for the Metro rail projects in Agra and Kanpur

Union Cabinet sanctions the Kanpur and Agra metro rail projects

Yogi Adityanath, the CM of Uttar Pradesh has thanked the Centre, for the release of funds for the project and has asserted that both projects will boost development in both the cities.

Gujarat Samachar creates panic by spreading lies about Unregulated Deposit Schemes Ordinance

Claims by section of media that Banning of Unregulated Deposit Schemes Ordinance will harm regular businesses is wrong and baseless, govt has clarified
Foreign trips and MoUs signed: Read how 5 years of Modi trumps 10 years of Manmohan Singh

Foreign trips and MoUs signed: Read how 5 years of Modi trumps 10 years of Manmohan Singh

In terms of signing international deals and MoU, PM Narendra Modi has delivered 322% more than PM Manmohan Singh at only 18% additional costs

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