Economy and Finance

News and views related to the Indian Economy and Financial 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
Economy and Finance

What they never told you when they said India was the worst performing emerging economy

Abhishek Banerjee -
India’s economy contracted by 23.9%. For comparison, Brazil’s GDP contracted by 11.9% and Russia’s GDP by 8%. So, did they really do better than India?
World

Germany expresses concern after corporate dependency on China increases

OpIndia Staff -
While German companies are happy that Chinese sales offset the fewer units sold in European countries amid the pandemic, they are also being cautious.
News Reports

While Imran Khan continues his rants against Emmanuel Macron, Pakistan govt expects debt relief of around $300 million from France

OpIndia Staff -
Pakistani PM Imran Khan and Pakistan citizens have been dissing about France after Emmanuel Macron criticised radical Islam
News Reports

Nine out of Eleven component manufactures of Apple convinced to shift their plants from China to India: Union minister Ravi Shankar Prasad

OpIndia Staff -
Taking benefit of the PLI scheme announced by govt of India, several component makers and assemblers of Apple moving to India
News Reports

Diwali retail sales go up by 10.8% over 2019, China loses of Rs 40,000 crore in business as Indians prefer Made in India products

OpIndia Staff -
Traders recorded Rs 72000 crore in retail sales in Diwali, indicating revival of retail sales following 8 months of slowdown due to lockdown
News Reports

Here are the 12 measures announced by Finance Minister Nirmala Sitharaman under Atmanirbhar Bharat 3.0 stimulus package

OpIndia Staff -
The Finance Minister Nirmala Sitharamana announced 12 new measures under the new Atmanirbhar Bharat 3.0 stimulus package to boost the Indian economy amid the ongoing coronavirus pandemic.
News Reports

Union Government approves Rs 1.46 lakh crore PLI scheme for 10 key sectors with the aim of transforming India into a manufacturing hub

OpIndia Staff -
The PLI scheme across these 10 key sectors will strengthen the competitiveness of the Indian manufacturers globally
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