Economy and Finance

News and views related to the Indian Economy and Financial sector

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
News Reports

As NDA-ruled states cut tax on fuel following excise cut by centre, Kerala refuses to reduce VAT on petrol and diesel, says there is...

OpIndia Staff -
Kerala Finance Minister K N Balagopal said that VAT on petrol and diesel will not be reduced in the state as done by NDA-ruled states
News Reports

Beauty and fashion unicorn Nykaa subscribed a staggering 82.42 times on final day: Details

OpIndia Staff -
Nykaa plans to use the proceeds from the Rs 5,300 crore IPO in expansion of its business operations, launching new retail stores and establishing new warehouses.
News Reports

Pakistan bans a Chinese firm for a month for using forged documents in the bidding for a nuclear power project

OpIndia Staff -
National Transmission and Despatch Company (NTDC) of Pakistan has blacklisted a Chinese firm for using forged documents in a bid
News Reports

Tata Group Companies led by Tata Motors register an impressive rally on the stock market, share prices rise by up to 20%

Jinit Jain -
Tata Motors share price grew by 20 per cent on Wednesday to Rs 506 on the back of an Rs 7,500 crore agreement with TPG Rise Climate
News Reports

Adani Group takes over operations of Jaipur International Airport in Rajasthan, to take over Thiruvananthapuram airport tomorrow

OpIndia Staff -
After taking over operations of Jaipur and Thiruvananthapuram airports, Adani Group will take over all six airports if had won in the bid
News Reports

Paras Defence: From being oversubscribed 304 times to up more than 370%, why India is betting big on it

OpIndia Staff -
With Space sector opening up to private players and government upping its ante to strengthen the defence force, it is an exciting time for an investor in India.
Economy and Finance

Nitin Gadkari asks Tesla not to sell China manufactured cars in India, reveals his conversation with Elon Musk to set up manufacturing in India

OpIndia Staff -
Nitin Gadkari has said that he has told US-based electric vehicle manufacturer Tesla not to sell China-manufactured cars in India.
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