Economy and Finance

News and views related to the Indian Economy and Financial sector

Government and Policy

Rs 10,000 special festival advance for govt employees, Interest-free 50-year loans to states: FM Nirmala Sitharaman

OpIndia Staff -
Finance Minister Nirmala Sitharaman said that the Centre will provide Rs 10,000 special festival advance to its employees to stimulate demand in the economy.
News Reports

Congress screams ‘scam’ in Iron Ore Pellet export based on policies introduced during Congress government: Read details

OpIndia Staff -
Export duty on Iron Ore Pellet was reduced to zero by UPA govt in 2011, not in 2014 as alleged by congress party
OpIndia Explains

Joseph Stiglitz, the economist that Rahul Gandhi praised for attacking Modi, is known for his questionable policies and wrong predictions

OpIndia Staff -
Joseph Stiglitz had praised the economic policies of Venezuelan govt, said subprime crisis will not happen
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.
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