Economy and Finance

News and views related to the Indian Economy and Financial sector

News Reports

Punjab CM Bhagwant Mann in panic mode as State has only four months left to utilise ₹8,000 crore out of ₹11,000 crore granted by...

OpIndia Staff -
Aam Aadmi Party (AAP) government in Punjab has only utilised ₹3000 crores out of ₹11000 crore worth of grants made by the centre this year
News Reports

Indian Banks Association has submitted a proposal for 5-day work week with off on all Saturdays, confirms Finance Ministry in Parliament

OpIndia Staff -
Union Finance Ministry confirmed in Parliament that the Indian banking sector has formally proposed to declare all Saturdays as official bank holidays
News Reports

Indian GDP grew by 7.6% during the July-September quarter, remains the fastest-growing major economy

ANI -
Indian GDP grew 7.6 per cent during the July-September quarter of the current financial year 2023-24, remaining the fastest-growing major economy.
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.
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