Economy and Finance

News and views related to the Indian Economy and Financial sector

News Reports

Outcomes of 12th WTO Ministerial Conference favourable to India: Commerce and Industry Minister Piyush Goyal

OpIndia Staff -
Sources indicate that India made a significant influence at the 12th ministerial conference of WTO.
News Reports

International North-South Transport Corridor: Russia sends test consignment to India through Caspian Sea – Iran route avoiding Suez Canal

OpIndia Staff -
Russia dispatched cargo to India via Iran on Saturday, employing the International North-South Transport Corridor.
News Reports

ED raids premises of AAP minister Satyendra Jain, recovers over 2.8 crore cash, 133 gold coins

OpIndia Staff -
The officials stated that the raids, including that at the residential premises of Jain in Delhi and other locations, were being conducted as part of a follow up in the case.
News Reports

EAM S Jaishankar calls out Europe’s duplicity on Russian energy purchase and pressure on India, calls WSJ report false

OpIndia Staff -
Dr Jaishankar denied any truth in the report by the WSJ that India is readying for the transhipment of Russian oil to bypass sanctions.
News Reports

PM Modi inaugurates Groundbreaking Ceremony of third Uttar Pradesh Investors Summit, investments worth over ₹80,000 finalised

OpIndia Staff -
PM Modi attended the Groundbreaking Ceremony of third Uttar Pradesh Investors Summit held in Lucknow on June 3
Featured

Finance Minister Nirmala Sitharaman clarifies that only the center will bear the burden of excise duty reduction on fuel, hits out at the opposition’s...

OpIndia Staff -
The Finance Minister clarified that the central government will bear the whole cost of the excise duty cut on fuel.
Featured

Petrol and diesel to get cheaper as center reduces excise duty, announces subsidy on gas cylinders under Ujjwala Yojana

OpIndia Staff -
Excise duty on petrol will be reduced by rupees 8 per litre while that on diesel will be reduced by rupees 6 per litre.
Economy and Finance

Current inflation caused by global events over which Indian govt have no control: OpIndia talks to a chartered accountant, Sumeet Mehta, over inflation

Sachin R -
CA Sumeet Mehta said that India is facing 'imported inflation', which is inflation caused by the Russia-Ukraine war
News Reports

What Rahul Gandhi said about Industry, Industrialists and business in London, and how he regurgitated PM Modi’s ideas that he insults and mocks in...

OpIndia Staff -
Rahul Gandhi shared his ideas on the economic front, ended up reiterating the same policies and ideas of the Modi government.
News Reports

India receives the highest annual FDI inflow of USD 83.57 billion in FY21-22, IT sector bags the largest share

OpIndia Staff -
In 2014-2015, India received 45.15 billion USD in FDI compared to the highest ever inflow for the fiscal year 2021-22.
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