Economy and Finance

News and views related to the Indian Economy and Financial sector

News Reports

Aatmanirbhar Bharat: 16 companies including Samsung, iPhone makers approved under PLI scheme, production of ₹10.5 lakh crore expected in 5 years

OpIndia Staff -
PLI scheme will lead to production of mobile phones worth Rs 10.5 lakh crores over next 5 years, 60% of which will be exported
News Reports

Big relief by Modi govt for those who stopped paying EMIs during lockdown, no need to pay extra interest accumulated during this period

OpIndia Staff -
MSME, education, housing, vehicle, personal loans etc upto Rs 2 crore will attract only simple interest during the moratorium period
News Reports

In the times of Coronavirus, freight loading by Indian Railways go up by 15% in September, crosses 100 million tonnes

OpIndia Staff -
In just one year, the average speed of freight rains of Indian Railways have almost doubled from 24 kmph to 47 kmph
News Reports

Mathura: Court admits Krishna Janmabhoomi petition, to hear maintainability on 30th

OpIndia Staff -
Mathura court to decide maintainability of Shri Krishna Janmbhoomi petition on 30th September
News Reports

Truth behind India’s slip in Global Economic Freedom ranking: Change in methodology responsible, not what Congress party want you to believe

OpIndia Staff -
India's 2020 ranking in Economic Freedom Index is not comparable with 2019 ranking, due to several changes in the methodology
News Reports

Paytm and Paytm First Fantasy Game apps removed from Google Play Store for alleged violation of gambling policy

OpIndia Staff -
Google Play store prohibits online casinos and unregulated gambling activities which the Paytm promoted through its Paytm First Games.
News Reports

Central Government appoints Expert Committee to make an overall assessment in relation to waiver of interest on loans

OpIndia Staff -
The Expert Committee will be looking into matters including waiver of interest and waiver of interest on interest.
News Reports

Indian economy shows signs of recovery as exports go up by 13% in the first week of September

OpIndia Staff -
With the reopening of the economy in the country, Indian export to China was highest during the first week of September
News Reports

Commerce ministry caps MEIS benefit to exporters during last 4 months of the scheme, govt says move aimed at protecting genuine exporters

OpIndia Staff -
According to an analysis done by the Department of Commerce, 98% of the exporters who claim MEIS will be unaffected by the changes
News Reports

Shashi Tharoor mocks Piyush Goyal for saying Kolhapuri footwear has great export potential, here is why the Congress ‘guest artist’ is wrong

OpIndia Staff -
Piyuh Goyal said that Kolhapuri chappals were popular in USA during hippie generation, and they have great export potential
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