Economy and Finance

News and views related to the Indian Economy and Financial sector

Economy and Finance

Tax rates slashed for corporates, Sensex soars by 1300 points after big announcements by Finance Minister Nirmala Sitharaman

OpIndia Staff -
FM Sitharaman made these announcements while addressing the media ahead of GST council meet in Goa.
Politics

Odisha: BJD’s ‘election weapon’ KALIA scheme wasted 170 crores on lakhs of ineligible beneficiaries

Sanghamitra -
Odisha's BJD government identified 3.41 lakh ineligible beneficiaries in the KALIA scheme that has ensured their 2019 election victory.
Economy and Finance

Verdict in 2G and coal allocation reasons: Senior advocate Harish Salve holds SC responsible for current slowdown

OpIndia Staff -
Eminent lawyer Harish Salve believes SC’s decision of blanket cancellation of licenses in 2G spectrum case and Coal allocation had triggered the economic slowdown
News Reports

Cigarette stocks rally about 5.5 per cent after cabinet’s decision to ban e-cigarettes

OpIndia Staff -
The Cabinet on Wednesday approved an ordinance making the production, import, distribution and sale of electronic cigarettes a cognizable offence.
Economy and Finance

China’s industrial production growth at lowest in 17.5 years amidst trade war woes

OpIndia Staff -
China is set to reduce some key interest rates soon to prevent a sharper slump in activities. The interest cuts, if they happen, will be for the first time in over 3 years.
Economy and Finance

Mega shopping festivals to taxation incentives, FM Nirmala Sitharaman announces comprehensive measures to boost export and housing sector

OpIndia Staff -
Announcing measures to boost growth in export and housing sector, Nirmala Sitharaman has expressed optimism saying that the signs of economic revival are very encouraging
Economy and Finance

Report by Silk Road Associates and Baker McKenzie: 5 possible scenarios of China and OBOR’s future and how it can cost $800 billion

K Bhattacharjee -
The report published on Wednesday outlines 5 possible scenarios that could unfold in the future for China and OBOR depending upon the prevailing geopolitical circumstances.
Economy and Finance

The Economy has slowed down but to say there is a ‘recession’ ahead, is an exaggeration: Here is the way out

Shishu Ranjan -
The recent release of quarterly data on GDP growth rate has created panic among citizens of India and that too for the right reasons.
Opinions

There is an opportunity to reshape the distressed Indian auto sector, which is facing structural problems

vishwajeet -
Nirmala Sitharaman should remember, Deepawali is around the corner.
Media Fact-Check

Fact check: No, Indian Rupee didn’t lose against Bangladeshi Taka

OpIndia Staff -
The Indian currency INR is stronger than the Bangladeshi Taka
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