Economy and Finance

News and views related to the Indian Economy and Financial sector

News Reports

Walmart’s strategic pivot: Embracing India for a diversified supply chain and cost-efficient procurements while cutting imports from China

OpIndia Staff -
Walmart steadily increasing its reliance on India for imports to the US while cutting procurements from China
News Reports

99.2% of all mobiles sold in India are ‘Made In India’ now: Minister Ashwini Vaishnav reviews meteoric growth of phone manufacturing in India

ANI -
99.2% of all mobile phones sold in India are ‘Made In India’ now, up from 78% imports in 2014
News Reports

RBI asks Bajaj Finance to stop issuing loans under ‘eCOM’ and ‘Insta EMI Card’ for violation of digital lending guidelines

OpIndia Staff -
RBI asks Bajaj Finance to stop sanction and disbursal of loans under its two lending products with immediate effect
News Reports

Gautam Adani meets Bhutanese King Wangchuck during his India visit, says ‘excited to explore opportunities in Bhutan’

OpIndia Staff -
Gautam Adani wrote that it was an honour to meet His Majesty King of Bhutan and hear his vision of 'Kingdom of Happiness'.
News Reports

Diwali bumper offer: Modi govt slashes whole wheat flour price, know all about the ‘Bharat Atta’ scheme

OpIndia Staff -
The whole wheat flour will be available at around 2,000 outlets in the country in bags of 10kg and 30kg
News Reports

More than 97 per cent of Rs 2,000 banknotes returned to the banking system, Rs 10,000 crore worth of notes in circulation: RBI 

OpIndia Staff -
The Reserve Bank of India said Rs 10,000 crore worth of Rs 2,000 notes are currently in circulation.
News Reports

Tata Motors wins Singur case, Bengal govt asked to pay Rs 766 crore plus interest as compensation for losses incurred by the scrapped Nano...

OpIndia Staff -
The West Bengal govt has been told to pay Rs 766 crores plus interest to Tata for losses incurred in the scrapped Singur plant.
Economy and Finance

India to account for 18% of global growth by 2028, says IMF; Here’s how India has economically grown stronger after 2014

Siddhi Somani -
IMF said that India’s GDP is projected to grow by 6.3 per cent in the current fiscal year, up by 20 basis points from it’s last forecast in July
News Reports

Justin Trudeau ‘puts aside’ one lie to peddle another, now says India violated Vienna convention by asking diplomats to leave: How he is wrong,...

OpIndia Staff -
Canadian Prime Minister Justin Trudeau remarked that India's move to revoke the diplomatic immunity of 41 Canadian diplomats constitutes a breach of the Vienna Convention.
News Reports

Pixel smartphones will be made in India soon, announces Google at ‘Google for India 2023’ event

ANI -
Alphabet Inc will manufacture its Pixel smartphones in India, the company announced on Thursday at the 'Google for India 2023'
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