Economy and Finance

News and views related to the Indian Economy and Financial sector

News Reports

Finance Minister announces relief packages for Covid-affected sectors, chalks out plan to revive tourism sector

OpIndia Staff -
Finance Minister Nirmala Sitharaman has announced a slew of measures to help sectors struggling due to Chinese coronavirus pandemic
News Reports

‘It is our Dharma to help fellow Indians overcome the Covid crisis’: Nita Ambani at Reliance AGM

OpIndia Staff -
Speaking at the AGM, Nita Ambani stated that the Reliance Foundation has set up 116 vaccination centres across 109 cities in India and these platforms are being used for vaccination drives free of cost.
News Reports

Taxes on COVID-19 medicines, oxygen, equipment slashed: Here are the key takeaways from the 44th GST Council Meet

OpIndia Staff -
Finance Minister Nirmala Sitharaman announced tax cuts for COVID-19-related items following 44th GST Council Meet
News Reports

Karnataka HC dismisses petitions against probing Amazon, Flipkart: Here are the allegations against e-commerce giants

OpIndia Staff -
Karnataka High Court quashed petitions filed by Amazon and Flipkart against an order by competition regulator over unfair trade practices.
News Reports

India’s merchandise exports witnessed an increase of 67.38% in May, trade deficit narrows to an eight-month low

OpIndia Staff -
India’s merchandise exports in May 2021 was USD 32.21 billion, an increase of 67.39% over May 2020 exports of USD 19.24 billion
News Reports

‘Will they give livelihood 100 million farmers’: Amul MD responds to PETA India for asking them to use ‘vegan milk’ after losing a case...

OpIndia Staff -
Amul MD R S Sodhi questioned if PETA India will give livelihood to 100 million dairy farmers, 70% of whom are landless
News Reports

Dogecoin: All you need to know about the cryptocurrency based on a meme

T Waraich -
On crypto data tracker CoinGecko.com, Dogecoin jumped more than 800% over the last month and is now the fourth-largest digital currency, with a market capitalization of $73 billion.
Economy and Finance

RBI drafts a COVID fight plan, including term liquidity facility and support to small firms and borrowers amid second coronavirus outbreak

OpIndia Staff -
RBI governor Shaktikanta Das today announced a slew of measures to ameliorate the strain on economy due to the resurgent COVID-19 outbreak
News Reports

Union Government announces ₹15,000 crore interest-free 50 year loan for states to spend on capital projects

OpIndia Staff -
Union Govt to provide an additional amount upto Rs 15,000 crore to states as interest-free 50-year loans for capital projects
World

Paranoid China wants to tame Elon Musk, will it succeed? All you need to know about the brewing war between China and Tesla

OpIndia Staff -
Elon Musk headed Tesla has been facing a pressure campaign in China with Chinese Communist state-backed media and regulators
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