Economy and Finance

News and views related to the Indian Economy and Financial sector

Indian Economy will at 7.3% in 2018-19 fiscal year

Growth in India solidifying, will propel upwards says World Bank

The World Bank predicts 7.3% growth in 2018-19 fiscal year

Modi government cuts fuel prices by Rs. 2.50, Maharashtra and Gujarat slash prices by an additional Rs. 2.50

Excide duty has been reduced by ₹1.50, while oil marketing companies will cut prices by ₹1.00, states asked to match the reduction by reducing VAT.

Modi’s IBC is making defaulters pay back Rs 1.1 lakh crore and Congress is bound to be unhappy

In recent weeks, we have seen one naamdar and his numerous minions in the ecosystem making all sorts of allegations

All you need to know about what the Modi govt is doing to solve the NPA mess

We just need to bear with the temporary inconvenience for a better tomorrow!
National Company Law Tribunal handles related to bankrupcy

Fearing action through Insolvency and Bankruptcy Code, defaulters pay up Rs 1.1 lakh crores

Finance minister Arun Jaitley called it a success of IBC, as they aimed at recovering 1.8 lakh crore this fiscal year.

Rupee is stronger today vs Euro, British Pound, Canadian and Australian Dollars

This is the data, whether liberals like it or not

Demonetisation is a success and the naysayers have got their facts completely wrong

So let us again rewind the declared aims sought to be achieved and analyse each one independently.

PNB recovers record amount from defaulters due to Insolvency and Bankruptcy code

Punjab National Bank (PNB) recovered a record Rs 11,378 crore from defaulters in the first five months of this fiscal.

Raghuram Rajan blames scams and ‘policy paralysis’ under UPA government for NPA mess

The former RBI governor has made these revelations in his letter to the Lok Sabha panel

Iran ready to handover Chabahar port to Indian firm for operation: Iranian Minister Abbas Akhoundi

Chabahar is one of the most important strategic areas of influence for India

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