Economy and Finance

News and views related to the Indian Economy and Financial sector

Economy and Finance

Hua to Hua? Manmohan Singh now says ‘what happened did happen’

Abhishek Banerjee - 19 October, 2019

Manmohan Singh had this simple comeback to Nirmala Sitharaman pointing out the financial disaster that the UPA government created in Public Sector Banks.

News Reports

PM Modi was gracious in congratulating me, economic slowdown not India specific: Esther Duflo on India, PM Modi and the Economy

OpIndia Staff - 19 October, 2019

Esther Duflo, who belongs to France also stated how President Macron only congratulated her and did not mention the other two for winning the prestigious award, but hailed PM Modi for being gracious

News Reports

‘Liberal-friendly’ leadership left behind such a nasty stink of corruption that we are cleaning up even today: Nirmala Sitharaman on Raghuram Rajan’s tirade

OpIndia Staff - 16 October, 2019

Sitharaman said that it was during Rajan's time as Governor of the Reserve Bank that loans were given just based on phone calls from crony leaders.

Economy and Finance

Despite job loss rumours, Parle’s net profit rises 15.2% to Rs 410 crores in FY19: Report

OpIndia Staff - 16 October, 2019

Parle Biscuits' net profit for FY19 stands at Rs 410 crores.

News Reports

PMC Bank scam: Another PMC bank depositor dies of heart attack, second death within a day

OpIndia Staff - 16 October, 2019

Punjabi's death comes just a day after another depositor named Sanjay Gulati had died of a heart attack in Mumbai after being unable to withdraw his life savings of Rs 90 lakh from the bank.

Opinions

Nobel to Abhijit Banerjee or not, read the NYAY offer document carefully

Abhishek Banerjee - 15 October, 2019

As soon as the news spread yesterday that Abhijit Banerjee had won the Nobel Prize, an army of trolls descended on an article about the ill-conceived NYAY scheme by Congress, which was led by Rahul Gandhi

News Reports