Economy and Finance

News and views related to the Indian Economy and Financial sector

Economy and Finance

Trump tariffs not a complete setback, exemption expected: Commerce Ministry

OpIndia Staff -
Admitting that the reciprocal tariffs pose a challenge for India, the senior government official expressed hope that there is scope for negotiations.
News Reports

Donald Trump Tariff Day: How the reciprocal tariffs proposed by the US President will impact Indian companies and the stock market

Shraddha Pandey -
The Modi govt has been taking proactive measures, including trader negotiations, tariff relaxations, diversification and sectoral analysis to mitigate the negative impact of the US reciprocal tariffs.
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
The recent household expenditure surveys for 2022-23 and 2023-24 released by the government of India reveal India has nearly eradicated extreme poverty.
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