Economy and Finance

News and views related to the Indian Economy and Financial sector

Government and Policy

Mudra Yojna: Over 15 crore loans have been distributed to women borrowers, totalling 4.78 lakh crores

OpIndia Staff -
15 crore Mudra Loans, totalling over Rs 4.78 lakh crores, have been issued so far to women borrowers, said Anurag Thakur in the parliament.
Economy and Finance

RummyCircle’s online social card game dominates the million-dollar market

OpIndia Staff -
One of the main genres fueling the mobile gaming industry is the online card games. Many Indian gaming companies have transferred the traditional and social card games to mobile.
News Reports

From 73% decline in security forces being killed to a booming economy: How J-K is recovering after abrogation of Article 370

OpIndia Staff -
The Home Ministry gave an update on the new union territory of Jammu and Kashmir after questioned in the parliament.
Economy and Finance

India’s service sector activity growth hits 7-year high in January due to robust domestic demand

OpIndia Staff -
Two days back, The IHS Markit had released its India Manufacturing Purchasing Manager’s Index, which showed an increase in manufacturing activity in the country. The index had risen to 55.3 in January from 52.7 in December.
Government and Policy

Budget 2020: Modi Government allocates 30 per cent higher funds for the agriculture sector

OpIndia Staff -
A 16-point action plan was put forth by the Finance Minister to help the agricultural sector and increase farmer’s wages
Government and Policy

‘We have seen a modest increase of about 8% year on year’, Army chief expressed confidence that the defence force will continue to be...

OpIndia Staff -
This year the defence forces have been allocated Rs 10,340 crore more than what was provided in last year’s budget
News Reports

HDFC Independent Director exposes SEBI analyst and The Wire columnist for deliberately lying about the bank’s quest for new MD

OpIndia Staff -
HDFC saga: SEBI Research Analyst and columnist at the Wire, Hemindra Hazari, has resorted to blatant lies
News Reports

India’s manufacturing sector growth in January rises to an 8-year high, economic recovery in coming months expected

OpIndia Staff -
Analysts claim that If this growth rate in the manufacturing activity sustains, the improvement in business conditions could lead to a gradual economic recovery
Opinions

Two Income Tax regimes with and without deductions, which one is better for you? A ready reckoner

Ashutosh Muglikar -
A comparative analysis between the new tax regime without exemptions and old income tax regime with exemptions and deductions
Economy and Finance

Budget 2020: Dual tax regime, a complicated tax structure that may require professional help

Guest Author -
Finance Minister Nirmala Sitharaman today announced a new dual regime of taxation for individuals and HUF (Hindu Undivided Family). This is first time in Income tax where such dual regime would be applicable. 
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