Economy and Finance

News and views related to the Indian Economy and Financial sector

News Reports

Reserve Bank replaces over 9,000 circulars with 244 master guidelines for 11 sectors: Read how this mega reform will make banking easier and safer

Raju Das -
Reserve Bank of India (RBI) on Friday announced the issuance of 244 Consolidated Master Directions, scrapping 9,345 outdated and redundant circulars that had accumulated over seven decades.
Economy and Finance

India’s GDP growth rate accelerates to 8.2% in Q2 of FY26 exceeding projections, fastest growth recorded in six quarters despite Trump’s tariffs

OpIndia Staff -
The real GDP growth rate in Q2 of FY 2025–2026 exceeded 8.0% owing to the Secondary (8.1%) and Tertiary Sectors (9.2%).
News Reports

Cabinet launches landmark Rare Earth Magnet scheme: Read how it will cut dependency on China and power India’s journey to ‘Atmanirbhar’ and ‘Viksit Bharat’

Shriti Sagar -
Under the scheme, the government plans to set up 6,000 metric tonnes per annum (MTPA) of integrated REPM manufacturing capacity in India.
Crime

Al Falah Group chairman Jawad Ahmed Siddiqui arrested by ED on money laundering charges, sent to 13-day judicial custody

OpIndia Staff -
The ED had sought Siddiqui's remand, citing substantial evidence of deception, misrepresentation, and movement of suspected proceeds of crime.
Economy and Finance

Despite global price weakness and US tariffs, India’s agricultural exports show strong momentum in first half of current financial year

OpIndia Staff -
India’s coffee exports have more than doubled in the last five years, rising from $738.9 million in 2019–20 to $1.8 billion in 2024–25.
Economy and Finance

RBI announces major relief package for exporters hit by 50% US tariffs, offers loan moratorium, extended credit and FEMA relaxations

OpIndia Staff -
The RBI’s package aims to prevent these temporary difficulties from turning into long-term financial stress.
Economy and Finance

Elon Musk set to become world’s first Trillionaire: What is the $1 trillion package approved by Tesla shareholders and what it means for the...

Raju Das -
Tesla shareholders approved a landmark compensation package on Thursday for Elon Muskl valued at nearly $1 trillion, which is linked with the company's performance
Economy and Finance

FATF issues new asset recovery guidance in its biggest reform in 30 years: The financial watchdog cites India’s ED as a ‘Global Benchmark’

OpIndia Staff -
The global watchdog FATF has new asset recovery rules, its biggest reform in 30 years. It praised India's Enforcement Directorate, citing its laws and successful case studies like the Agri Gold fraud as a global benchmark for others to follow.
Economy and Finance

PM Modi to launch ₹1 Lakh Crore Research Development and Innovation Scheme to boost R&D in private sector at Emerging Science & Technology Innovation...

OpIndia Staff -
Prime Minister Shri Narendra Modi will inaugurate the Emerging Science & Technology Innovation Conclave (ESTIC) 2025 at Bharat Mandapam, New Delhi, on 3rd November...
Economy and Finance

Adani Power announces Q2 FY26 Results: Profit remains strong amid weather-driven demand slowdown, major expansion projects on track

OpIndia Staff -
Adani Power Ltd (APL) reported a strong financial performance for the quarter ended September 30, 2025, with resilient profitability despite muted power demand and...
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