Economy and Finance

News and views related to the Indian Economy and Financial sector

‘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…

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 China

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 boon for the stock market

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…

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”.

Financial influencer Ravindra Bharti, who promised up to 1000% returns, ordered to pay Rs 12 crore by SEBI, banned from securities market

Ravindra Bharti has two YouTube channels named Bharti Share Market Marathi with 10.8 lakh subscribers and Bharti Share Market - Hindi with 8.22 lakh subscribers.

Congress party promises to slow down India’s GDP growth in its manifesto Nyay Patra

GDP will more than double in the next 6 years, but the Congress party is promising to achieve the same feat in 10 years.

Elon Musk’s Tesla begins site search for $3 billion Electric Vehicle Plant in India, Maharashtra, Gujarat and Tamil Nadu in focus: Report

Tesla CEO Elon Musk has been eyeing the Indian market for years but New Delhi has maintained that the EV maker has to commit to local manufacturing.