Economy and Finance
News and views related to the Indian Economy and Financial sector
A week after Rajiv Bajaj blamed Modi govt for ‘economic slow-down’, Bajaj Auto records highest-ever monthly sale
Contrary to claims made by Rajiv Bajaj, his company has made record sales in October 2020 amid the Chinese coronavirus pandemic.
After Rajiv Bajaj said there is slowdown in the two-wheeler market, Hero MotoCorp achieves record sale in October
Rajiv Bajaj had said that two-wheeler sales will remain in the current fiscal year due to new regulations and "draconian lockdown"
Amazon-Reliance tussle: Reliance Retail to complete its deal with Future Group without any delay
Amazon had secured a temporary stay by a Singapore-based arbitration court on Future Group's Rs 24,713 crore deal with Reliance Retail.
Finance ministry issues guidelines for interest waiver scheme during the lockdown period- Read details
The govt will pay the difference between simple and compound interest from March to August under compound interest waiver scheme
#IndiaKeLiye: Micromax shows the way, launches ad that tugs on the heartstrings of the nation after aggression by China
From 22% share in Indian smartphone market, Micromax was reduced to being a small player by Chinese mobile phone companies
Those who brought us Kerala model of health have now come up with Bangladesh model of economy: How they are wrong, so, so wrong
Doesn’t it also predict that India will see a GDP growth of 8.8% next year, making us the world’s fastest growing economy and India will easily pull ahead of Bangladesh in per capita GDP next year?
IMF projects a contraction of 10.3% this year and a growth rate of 8.8% for the Indian economy in 2021
Noting the severe effects of lockdown on Indian economy, the World Bank said that India needed to continue with critical reforms to reverse the sudden effects of the pandemic.
Rs 10,000 special festival advance for govt employees, Interest-free 50-year loans to states: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said that the Centre will provide Rs 10,000 special festival advance to its employees to stimulate demand in the economy.
Congress screams ‘scam’ in Iron Ore Pellet export based on policies introduced during Congress government: Read details
Export duty on Iron Ore Pellet was reduced to zero by UPA govt in 2011, not in 2014 as alleged by congress party
Joseph Stiglitz, the economist that Rahul Gandhi praised for attacking Modi, is known for his questionable policies and wrong predictions
Joseph Stiglitz had praised the economic policies of Venezuelan govt, said subprime crisis will not happen