Economy and Finance Archives

News Reports

Cabinet approves Electronics Component Manufacturing Scheme for making India Atmanirbhar in electronics supply chain, aims to generate production worth ₹4,56,500 crore

OpIndia Staff - 28 March, 2025

Union Cabinet chaired by Prime Minister Narendra Modi today approved the Electronics Component Manufacturing Scheme with a funding of ₹22,919 crore

News Reports

India’s GDP reaches $4.3 trillion in 2025 from $2.1 trillion in 2015, registering a 105% growth

ANI - 22 March, 2025

India has achieved a remarkable economic milestone, doubling its GDP from $2.1 trillion in 2015 to $4.3 trillion in 2025—a staggering 105% growth unmatched by any other major global economy

News Reports

Union Cabinet approves incentive scheme for promotion of low-value UPI transactions among small merchants

ANI - 19 March, 2025

The Union Cabinet chaired by PM Narendra Modi on Wednesday approved the 'Incentive Scheme for promotion of low-value BHIM-UPI transactions Person to Merchant (P2M)' for the financial year 2024-25.

News Reports

RBI reassures depositors of IndusInd Bank, says the bank is well-capitalised & its financial position is satisfactory

ANI - 15 March, 2025

Reserve Bank of India (RBI) on Saturday released a statement stating that IndusInd Bank is well capitalised and financially stable

Economy and Finance

CCI and AGI Greenpac used extreme examples to manufacture timeline conflict in IBC proceedings? What Supreme Court said in HNG case

OpIndia Staff - 12 March, 2025

SC has called into question the tactics used by the CCI and AGI Greenpac in a high-profile HNGIL insolvency case

News Reports

Impact of US tariffs will be felt on India, Commerce Minister Piyush Goyal visiting USA for talks with Trump admin: Finance Minister Nirmala Sitharaman

ANI - 6 March, 2025

Nirmala Sitharaman stated that the tariffs are likely to increase with the decision of the US President

News Reports

AGI Greenpac’s Review Petition after SC struck down resolution plan to acquire HNG: An attempt to further delay the longest running IBC case, causing...

OpIndia Staff - 6 March, 2025

AGI Greenpac, with its review petition, wants to restrain the CoC to consider other resolution plans which already had CCI approval, including the INSCO’s bid

Economy and Finance

India’s historic breakthrough: Extreme poverty nearly eradicated, sharpest inequality decline in decades, reveals new study

Jinit Jain - 4 March, 2025

The recent household expenditure surveys for 2022-23 and 2023-24 released by the government of India reveal India has nearly eradicated extreme poverty.

News Reports

CAG report exposes AAP government’s mismanagement during COVID-19 pandemic in Delhi

OpIndia Staff - 28 February, 2025

As per the CAG report, the Kejriwal govt did not make full use of the COVID fund allotted by the central government. Out of a total of ₹787.91 crore, only ₹584.84 crore was used.

News Reports

Jharkhand: CAG report suspects irregularities as no utilisation certification submitted for ₹19,125 crore, highlights crippling health infrastructure

OpIndia Staff - 28 February, 2025

According to CAG report on Jharkhand govt, 5209 utilization certificates were not submitted by the bodies and authorities against an amount of ₹19,125.88 crore

Economy and Finance

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