Economy and Finance

News and views related to the Indian Economy and Financial sector

News Reports

Tata Group moves ahead with consolidating 4 airlines under it, finalises deal with SIA to merge Vistara with Air India

OpIndia Staff -
Tata Group and Singapore Airlines finalise deal to merge Air India and Vistara, with Tatas holding 75% stake
Economy and Finance

Adani Group to launch open offer to acquire an additional 26% share in NDTV on November 22, will raise Adani’s total stake above 55%

OpIndia Staff -
The Adani Group has declared an open offer to purchase another 26% interest in NDTV commencing November 22.
News Reports

State Bank of India records highest-ever quarterly profit as net-profit surges 74% in Q2

OpIndia Staff -
SBI's provisions fell 25% year on year to Rs 2,011 crore in Q2FY23, owing to improved asset quality, with the net non-performing asset (NPA) ratio falling to less than 1%.
Opinions

Make India Make: With Atmanirbhar Bharat initiative, India can enter the take-off stage of national economic growth

Virender Kapoor -
India as a nation-state is looking upwards, there is a positive mood, and the economy is moving Northwards
News Reports

IMF Managing Director Kristalina Georgieva hails the Indian economy as “a bright spot in a dark horizon”

OpIndia Staff -
IMF Managing Director Kristalina Georgieva asserted that India will leave a mark in the areas of digitalization and digital money
Economy and Finance

IMF hails India’s digital cash transfer scheme as a ‘logistical marvel’

OpIndia Staff -
For a country like India, owning Digital platforms and payment like this, is a great feat in itself.
News Reports

Rajasthan CM Ashok Gehlot lavishes praises on business tycoon Gautam Adani, long vilified by Congress and Rahul Gandhi

OpIndia Staff -
Even as Congress and Rahul Gandhi continue to vilify Gautam Adani, Ashok Gehlot heaped praises on the business tycoon.
News Reports

Delhi government’s power subsidy scheme under the scanner, LG orders probe. Here is everything you need to know about the alleged ‘scam’

Dibakar Dutta -
Based on the complaint of a group of eminent jurists, lawyers and law professionals, the LG has now sought a report from the Delhi Chief Secretary within 7 days.
Opinions

From 81 to 40: Decoding the 41-position jump of India in the Global Innovation Index since 2015

Pallav -
India jumps 41 positions in 7 years, ranks 40 in the Global Innovation Index. It now leads the lower-middle income category.
News Reports

Infosys co-founder Narayana Murthy narrates how during the Congress era, economic activity stagnated despite having Manmohan Singh at the helm

OpIndia Staff -
Narayana Murthy made these remarks during an interaction with students at the Indian Institute of Management (IIM), Ahmedabad.
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