Economy and Finance

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

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.

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

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

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

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

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

Prime Minister Narendra Modi launched the National Logistics Policy at Vigyan Bhawan in New Delhi on September 17

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

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

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

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

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

Vedanta group and Foxconn formally announced plans to set up a massive semiconductor manufacturing facility in Gujarat.

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

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

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

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

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

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

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