Economy and Finance

News and views related to the Indian Economy and Financial sector

News Reports

Elon Musk makes $43 billion hostile takeover bid for 100% shares of Twitter, says he can unlock its potential

OpIndia Staff -
Elon Musk offers to purchase 100% shares of Twitter for $54.20 per share in cash, valuing it at about $43 billion
News Reports

‘India has been an elder brother to Sri Lanka’: Former SL cricket captain Arjuna Ranatunga lauds PM Modi for assistance amid economic crisis

OpIndia Staff -
Arjuna Ranatunga slammed the Rajapaksa government for the current economic crisis bedevilling Sri Lanka
News Reports

US Trade Representative Katherine Tai praises cabinet minister Piyush Goyal, says India an important and strategic partner

OpIndia Staff -
Katherine Tai met Piyush Goyal, the Minister of Commerce and Industry, in November of last year in India at Trade Policy Forum.
News Reports

Freebies may lead to financial crisis like in Sri Lanka and Greece, top officers flag concerns with Prime Minister Modi

OpIndia Staff -
Senior officials expressed alarm over populist initiatives and freebies promised by political parties during elections.
News Reports

From Textiles and Pharmaceuticals to Healthcare and Education: Here is how the India-Australia trade agreement benefit India

OpIndia Staff -
The India Australia Economic Cooperation and Trade Agreement will benefit several sectors in India and will create employments
News Reports

Centrum-BharatPe’s Unity Small Finance Bank, which took over scam-hit PMC Bank, returns approximately Rs 3,800 crore to the depositors: Details

OpIndia Staff -
Unity Small Finance Bank paid approximately Rs 3,800 crore to depositors of the scam-hit Punjab and Maharashtra Co-operative Bank (PMC Bank) on Thursday
Opinions

Raghuram Rajan: The establishment man, who descends on India when the weather is pleasant, now lies about PLIs helping Ambanis and Adanis

Ganesh R -
Raghuram Rajan is one of those quintessential experts who track record shows he was very much part of the establishment for years.
News Reports

Sri Lanka postpones school exams as the country ran out of paper and has no foreign exchange to import

OpIndia Staff -
Sri Lanka postpones school exams in western province as they don't have papers to print the question papers
News Reports

Nykaa’s Falguni Nayar is now five times richer than Paytm’s Vijay Shekhar Sharma with personal assets worth USD 4.9 billion

OpIndia Staff -
Falguni Nayar enters the Hurun Global Rich List 2022 as the richest new entrant from India with personal wealth amounting USD 4.9 Billion. India added 51 new billionaires in the list.
Economy and Finance

As Russian oil sector faces financial issues due to sanctions on banks, Russian Deputy PM speaks to Indian Petroleum minister, invites Indian investment

OpIndia Staff -
Russian Deputy PM Alexander Novak talked with the Indian Petroleum Minister Hardeep Singh Puri over telephone
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