Economy and Finance

News and views related to the Indian Economy and Financial sector

Economy and Finance

Amid allegations that new farm laws will end MSP regime, govt’s paddy procurement at MSP surges 23 per cent

OpIndia Staff -
While farmers continue to protest against farm laws, Govt’s paddy procurement at MSP reaches a record high
Economy and Finance

India witnesses a record high collection of GST in December: Finance Ministry

OpIndia Staff -
In a major development, India witnessed a record high collection of Goods and Services Tax (GST) for the month of December 2020.
Economy and Finance

Over Rs 70,000 crore economic loss has been caused in the December quarter, thanks to the ‘farmer’ protest: Details

OpIndia Staff -
Farmer protest against the three farm laws enacted by the govt last year have reportedly cost the economy over Rs 70,000 crores
News Reports

India to become 5th largest economy in the world by 2025, projects UK based think tank

OpIndia Staff -
As per projections by UK-based think tank Centre for Economics and Business Research (CEBR), Indian economy will overtake UK by 2025
OpIndia Explains

India Post Payments Bank launches digital payment service DakPay, here is a comprehensive guide on how to use it

Anurag -
DakPay app comes with a suite of digital financial and assisted banking services offered by India post and IPPB using the postal network
News Reports

Farmers’ protests: Over 1800 factories facing a hard time due to closed borders in Delhi, CII warns of adverse impact on economy

Anurag -
Businesses in Delhi are facing losses as goods movement is affected due to farmer protests.
Economy and Finance

Demands to legalise MSPs is retrograde, can destroy the farm sector and hurt the Indian economy: Explained

Shashank Bharadwaj -
Setting MSP as a floor price legally will effectively derail the market for other players. Legalising MSP is also retrograde and anti-market, which can devastate the Indian farm sector.
Economy and Finance

Samsung to relocate mobile display plant from China, to invest Rs 4,825 crore in Yogi Adityanath’s Uttar Pradesh: Details of the deal

OpIndia Staff -
Uttar Pradesh cabinet, chaired by Chief Minister Yogi Adityanath approved special incentives to Samsung Display Noida Private Limited
News Reports

Major terror attack averted in Delhi as Police nabs five terrorists including two Khalistanis

OpIndia Staff -
Weapons and incriminating material recovered from the terrorists
News Reports

Anti-India bias in reporting on Indian economy is destroying the credibility of the New York Times (and others)

Abhishek Banerjee -
Despite global media houses claiming doom in economy of India, investors continue to show confidence on the country
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