Economy and Finance

News and views related to the Indian Economy and Financial sector

Economy and Finance

As US-China trade war intensifies, India plans incentives for 324 companies including Tesla to invest in India

OpIndia Staff -
The proposal is expected to reduce red tape and set the country on its way to achieving a $5 trillion economy.
News Reports

3 years of Demonetisation: Here are 10 most important goals it managed to achieve

OpIndia Staff -
It has been three years since PM Modi stunned the nation with a bold move - Demonetisation.
News Reports

Finance Minister Nirmala Sitharaman announces ₹25,000 crore alternate investment fund to revive stalled housing projects

OpIndia Staff -
Cabinet approves a "Special Window" to provide priority debt for completing stalled housing projects
News Reports

Inputs from RSS and farmers association stopped Modi govt from being a part of RCEP, world’s largest free trade agreement

OpIndia Staff -
On Monday, India announced that it will not be part of the Regional Comprehensive Economic Partnership or RCEP, which will be the world's largest free trade pact of 16 nations.
Economy and Finance

How realistic is Prime Minister Modi’s target of making India a $5 trillion economy by 2024

Shashank Goyal -
India’s Prime Minister Mr Narendra Modi has declared his vision of making India a $5 trillion economy by 2024.
Economy and Finance

All you wanted to know about the RCEP, the trade deal forming the world’s largest economic block

OpIndia Staff -
The RCEP will provide the Indian industry with a large market with low trade barriers
Fact-Check

Government clarifies that there is no ‘Gold Amnesty Scheme’ after media publishes misleading reports

OpIndia Staff -
 Media houses had reported earlier today that the government may soon announce a 'gold amnesty scheme' which will fix a holding limit for gold and will tax Indians over a certain amount of gold.
Economy and Finance

India’s economic slowdown temporary, will reverse in coming quarters: RIL chairman Mukesh Ambani expresses confidence in govt reforms

OpIndia Staff -
PM Modi, who was also in Saudi Arabia as the keynote speaker at the FII in Riyadh listed the attractiveness of the Indian economy and invited global businessmen to invest in the country.
News Reports

Reserve Bank of India clarifies that it has not sold any gold or trading in it, refutes the ET report categorically

OpIndia Staff -
Tweaking its headline a bit, the ET had falsely reported that RBI has begun to sell some of its gold again despite their own reports suggested that RBI had bought more gold rather than selling from its reserves.
Economy and Finance

India among 10 most improved economies, jumps 14 places to reach 63rd rank in the World Bank’s Ease of Doing Business rankings

OpIndia Staff -
India, which was ranked 77th among 190 countries in the previous Ease of Doing Business ranking, has shown an improvement of 23 places compared to its position in 2018.
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