Economy and Finance

News and views related to the Indian Economy and Financial sector

News Reports

“Goods should move quickly like a cheetah”: PM Modi launches National Logistics Policy, says it will give speed to India’s development journey

OpIndia Staff -
Prime Minister Narendra Modi launched the National Logistics Policy at Vigyan Bhawan in New Delhi on September 17
Economy and Finance

String of freebies and imprudent financial decisions, can Punjab face Sri Lanka-style economic crisis?

OpIndia Staff -
Recent media reports reveal that Punjab government even failed to provide salaries for the month of August to state employees in time
News Reports

India dodges global economic slowdown, exports grew by 19.7% in April-August over the same period last year

OpIndia Staff -
Indian exports of merchandise grew by 17.7% April-August this year against same period last year, and overall exports grew by 19.7%
News Reports

India inches closer to becoming global player in semiconductors as Vedanta-Foxconn choose Gujarat to invest Rs 1.54 lakh crore, read details

OpIndia Staff -
Vedanta group and Foxconn formally announced plans to set up a massive semiconductor manufacturing facility in Gujarat.
Economy and Finance

PVR and INOX stocks crash after poor reviews of Brahmastra from critics, ₹800 crore in market value wiped out

OpIndia Staff -
Both PVR and INOX share prices fell by over 5% after Brahmastra received negative reviews from most film critics
News Reports

India overtakes the United Kingdom, becomes world’s 5th largest economy: Details

OpIndia Staff -
Earlier in 2019, British consultancy multinational, PwC, had predicted that India would overtake the UK in the rankings of the world’s largest economies
News Reports

High fuel prices, unprecedented inflation, and socio-political tensions could spark protest and instability in Pakistan, warns IMF

OpIndia Staff -
IMF has warned of demonstrations and unrest in Pakistan as inflation reaches a 47-year high of more than 27% in August.
News Reports

Desi cold drink ‘Campa Cola’ to make a comeback, Reliance Industries acquires the brand to relaunch during Diwali

OpIndia Staff -
Reliance Industries purchased the Campa Cola brand from Pure Drinks Group for around Rs 22 crore
News Reports

India’s GDP grows by 13.5% in the first quarter of the financial year 2022-23, fiscal deficit under control

OpIndia Staff -
GDP at constant prices reached ₹ 36.85 lakh crore in the April-July 2022 quarter, showing a growth of 13.5^
News Reports

Make in India: Luggage maker Samsonite to expand its Nashik plant to make India its largest manufacturing base

OpIndia Staff -
Samsonite India is expanding its Nashik plant by adding new machines and assembly lines which will make it the largest plant of the company
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