Economy and Finance

News and views related to the Indian Economy and Financial sector

News Reports

ED summons Amazon India head to probe alleged irregularities in Amazon – Future Coupons deal

OpIndia Staff -
ED has summoned Amazon's India head Amit Agarwal and promoters of Future Coupons Pvt Ltd for questioning over their 2019 deal
World

Turkey descends into chaos: Protests, 20% inflation, and a plea to ‘eat less meat’ to tackle soaring prices

OpIndia Staff -
Turkey has descended into chaos with soaring prices, 20% inflation and protests against the flailing economy.
News Reports

After a sharp rise, tomato prices to come down soon, here is why

OpIndia Staff -
With increase in harvest, tomato availability will go up and will result in a drop in prices by December, according to Agriculture ministry
Economy and Finance

Cryptocurrency and India: Busting the myths and conspiracy theories as Govt tables the Bill in winter session

Santanu Chakraborty -
India's plans to introduce digital currency is a force multiplier and will lead to regulated cryptocurrency markets
News Reports

Govt to table bill on cryptocurrency, speculations over ban on ‘private cryptocurrencies’ cause dip in the market

OpIndia Staff -
GoI to introduce bill on cryptocurrency in winter session of the parliament.
Economy and Finance

Reliance re-evaluates $15 billion deal with Saudi Aramco as it moves towards a hydrogen economy: Details

OpIndia Staff -
Reliance Industries Ltd (RIL) and Saudi Aramco have mutually decided to re-evaluate the investment deal involving the O2C (Oil to Chemicals)
Economy and Finance

PayTM shares crash after listing on a discount in India’s biggest ever public offering

OpIndia Staff -
Brokerage firm Macquaire Research has written a note to its clients that PayTM's business model lacks 'focus and direction' and initiated coverage with an 'underperform rating'.
OpIndia Explains

OpIndia Explains: The virtual world of cryptocurrency and the challenges it poses for Indian govt

Jinit Jain -
PM Modi on Saturday chaired a meeting on the way forward for managing the burgeoning cryptocurrency sector in the country
News Reports

Glass ceiling broken: Woman-led fashion unicorn Nykaa makes a robust debut at share market, market cap crosses Rs 1 lakh crore

OpIndia Staff -
The IPO of fashion e-tailer Nykaa was oversubscribed 82.42 during three days of its public share sale, and its market cap crossed Rs 1 lakh crore
News Reports

‘No transparency in Axis deal’: Former Spandana Sphoorty MD Padmaja Reddy drops bombshells. Read full text of the tell-all letter

OpIndia Staff -
Former Spandana MD Padmaja Reddy has levelled serious allegations against Kedaara Capital over its deal with Axis Bank
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