Economy and Finance

News and views related to the Indian Economy and Financial sector

Watch: Arun Jaitley highlights Modi government’s policies which helped the middle class and the economy

"The biggest gamechanger is the Ayushman Bharat, the health care scheme meant for the 50 crore poor people of India. 16 lakh poor people have already availed benefit under this scheme in the last five months," added Jaitley.

131 chartered accountants debunk the politically motivated baseless allegations of some economists and social scientists

CAs appeal to the professionals around the world to come together to present the true picture of India and counter baseless allegations with political motivations
How Media waters down 'cow vigilantism' reports when the mob is a Muslim mob

GDP data: Liberal crowd must explain what happened to the last conspiracy theory before moving to next one

Conspiracy theorists create a cloud of misinformation by throwing a bunch of claims at people, some half true, some false, some impossible to verify

On the expectation of PM Modi’s re-election in 2019, Rupee hits two-and-a-half-month high

The surging popularity of Modi could also be seen as three opinion polls envisioned a clear majority of the NDA in the upcoming general elections
India's manufacturing sector soaring high amidst slumping Asian markets, says Nikkei Asian Review

Thanks to ‘Make in India’, India’s manufacturing expands to hit 14-month high amidst slump in Asia: Nikkei Asian Review

The Indian manufacturing industry is mainly comprised of chemicals, machinery, metals, and textiles. The increasing growth in the manufacturing sector is attributed to Prime Minister Narendra Modi’s ‘Make in India’ initiative, which seeks to transform manufacturing in the country. 

Opinion polls show increased prospect of NDA win in Lok Sabha elections, stock markets jump

Share markets react positively to prospect of NDA winning increasing in opinion polls

MSME sector created around 1.5 crore jobs each year in last 4 years, CII finds in its latest survey

One of the largest job surveys done by CII shows healthy job growth rate in MSME sector during the Modi government
Comprehensive: Why India should be happy to be out of America’s GSP list

Here is why India should be happy to be out of America’s GSP list

India’s total exports are measured in the hundreds of billions of $$$! An amount of $190 million is around 0.05% to 0.1% of our export figure
FATF issues another warning to Pakistan

57% increase in number of suspicious transactions despite grey listing: FATF tightens noose on Pakistan

In the first two months of 2019, FATF has registered 1136 suspicious transaction reports from Pakistan.
The centre has just given nod for the Metro rail projects in Agra and Kanpur

Union Cabinet sanctions the Kanpur and Agra metro rail projects

Yogi Adityanath, the CM of Uttar Pradesh has thanked the Centre, for the release of funds for the project and has asserted that both projects will boost development in both the cities.

Gujarat Samachar creates panic by spreading lies about Unregulated Deposit Schemes Ordinance

Claims by section of media that Banning of Unregulated Deposit Schemes Ordinance will harm regular businesses is wrong and baseless, govt has clarified
Foreign trips and MoUs signed: Read how 5 years of Modi trumps 10 years of Manmohan Singh

Foreign trips and MoUs signed: Read how 5 years of Modi trumps 10 years of Manmohan Singh

In terms of signing international deals and MoU, PM Narendra Modi has delivered 322% more than PM Manmohan Singh at only 18% additional costs
Job creation is at 16-month high

India generated 7.16 lakh jobs in December 2018, highest in the last 16 months: EPFO data

Modi government has been working relentlessly to create jobs in both organised and unorganised sectors.

IndiaSpend peddles fake narrative on ‘beef export’ that is busted by data quoted in its own reports

IndiaSpend, an organization that runs factcheckers.in, is known to publish cooked up data and indulge in selective nitpicking to paint a picture where Hindus are always aggressors and Muslims are always victims, especially, in cases related to cow protection
Narendra Modi

Choice for 2019: Between Modi’s agenda of reform vs mahagathbandhan’s incoherent economic policies

After the recent assembly elections, there has been a renewed discussion about the likelihood of a “mahagathbandhan” of regional political parties with the agenda of reducing the margin of victory for the PM Modi led NDA

Insolvency and Bankruptcy Code Impact : Another Industrialist finds the money to clear dues

Jaypee Infratech makes attempt to save its debt-ridden company from insolvency proceedings.

After withdrawal of MFN status, basic customs duty on goods exported to India from Pakistan raised to 200%

After the withdrawal of MFN from Pakistan, basic customs duty on all goods exported from Pakistan to India has been increased to 200% with immediate effect

How Nehru led to agrarian distress and what could be the way forward for inclusive growth

Nehruvian model of capital intensive growth had a similar effect on the rural populace of India as Mao’s Great_Leap_Forward had on China’s rural inhabitants
Reserve Bank of India

RBI Policy: Repo rate cut by 25 bps, GDP projected at 7.4%, EMIs may come down

The RBI has also brought down the Repo rate by 0.25 basis points bringing it from 6.5% to 6.25%

Small businesses with turnover up to ₹1.5 crore can become income tax free due to full rebate

The rebate in Income Tax under section 87A will benefit an estimated 3 crore middle-class taxpayers

Punjab National Bank recovers Rs 16,000 crores from bad loans, Q3 reports profit of ₹246.51 crore

Despite 100% provision made for the Rs 13,000 crore scam in which Nirav Modi is the prime accused, PNB posts a profit last quarter
GST header image

Common man saves 27% on taxes after implementation of GST under BJP government

GST has resulted in a reduction in tax of most household items, bringing down the monthly household expense

Modi government’s much needed focus on India’s farm sector

Agricultural sector regained its focus post-2014 when the Modi government came into power as it realized the need to revive India’s agricultural sector.

Budget 2019: Direct Tax collection exceeds expectations by Rs 50,000 crore

Fiscal year 2019 sees an increased Direct Tax collection, exceeding by Rs 50000 crores that was originally budgeted at Rs 11.50 lakh crores
Comprehensive analysis of economics behind Budget 2019

Budget 2019: The economics governing the Interim Budget 2019

A comprehensive analysis of the interim budget 2019 presented by Union Minister Piyush Goyal and the economics behind it

Media loses it after Budget 2019: From ‘Hindi imposition’ to ‘where is the money’

Media resort to usual fault finding in the Budget presented by Finance Minister Piyush Goyal.
Piyush Goyal called Manmohan Singh's government as 'coward government'

Budget 2019: Piyush Goyal, PM Modi hail the contributions of the middle class in country’s economy, bring tax relief

Piyush Goyal showers praise for the middle class, as he announces major benefits and tax relief.
fake news

Indiaspend’s faulty ‘FactChecker’ spreads fake news about Budget 2019 while ‘fact-checking’ Piyush Goyal’s speech

FactChecker.in decided to 'fact-check' the Budget 2019 speech, and in the process, ended up spreading fake news themselves
Rahul Gandhi finally ditches the Mobile factory tirade, floats 'Makhana against popcorn' proposal

Fact-check: Congress lies profusely in an attempt to ‘fact-check’ Piyush Goyal’s Budget 2019 speech

With the various announcements that were made, it was natural for the Congress party to feel jittery about its electoral prospects ahead of General Elections later this year.

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