Economy and Finance

News and views related to the Indian Economy and Financial sector

What they never told you when they said India was the worst performing emerging economy

India’s economy contracted by 23.9%. For comparison, Brazil’s GDP contracted by 11.9% and Russia’s GDP by 8%. So, did they really do better than India?

Germany expresses concern after corporate dependency on China increases

While German companies are happy that Chinese sales offset the fewer units sold in European countries amid the pandemic, they are also being cautious.

While Imran Khan continues his rants against Emmanuel Macron, Pakistan govt expects debt relief of around $300 million from France

Pakistani PM Imran Khan and Pakistan citizens have been dissing about France after Emmanuel Macron criticised radical Islam

Nine out of Eleven component manufactures of Apple convinced to shift their plants from China to India: Union minister Ravi Shankar Prasad

Taking benefit of the PLI scheme announced by govt of India, several component makers and assemblers of Apple moving to India

Diwali retail sales go up by 10.8% over 2019, China loses of Rs 40,000 crore in business as Indians prefer Made in India products

Traders recorded Rs 72000 crore in retail sales in Diwali, indicating revival of retail sales following 8 months of slowdown due to lockdown

Here are the 12 measures announced by Finance Minister Nirmala Sitharaman under Atmanirbhar Bharat 3.0 stimulus package

The Finance Minister Nirmala Sitharamana announced 12 new measures under the new Atmanirbhar Bharat 3.0 stimulus package to boost the Indian economy amid the ongoing coronavirus pandemic.

Union Government approves Rs 1.46 lakh crore PLI scheme for 10 key sectors with the aim of transforming India into a manufacturing hub

The PLI scheme across these 10 key sectors will strengthen the competitiveness of the Indian manufacturers globally

Major reforms announced by Modi government, eases Work From Home norms and liberalises regulations for Other Service Provider sector

Requirement for registration, bank guarantee, static IP etc for Other Service Provider sector has been withdrawn by the Modi govt

Festive season puts Indian Economy back on track as the Auto sector, GST collections post impressive figures in October 2020

Besides encouraging Automobiles sales figures, GST mop up for the month of October, has for the first time touch the Rs 1 lakh crore mark, 10 per cent rise as…

“Insider trading?” Netizens wonder as Bajaj Auto registers record sales in October despite Rajiv Bajaj’s fear-mongering about economic slump

Bajaj Auto has registered its highest-ever monthly sales of 5.12 lakh units, a staggering 11 per cent year-on-year growth as compared to October 2019