Economy and Finance

News and views related to the Indian Economy and Financial sector

Economy and Finance

GST collection registers a record high of Rs 1.13 lakh crores in April 2019

OpIndia Staff -
GST collection for the month of April 2019 is highest since its rollout.
Economy and Finance

Eight Core Industries grew by 4.3% in 2018-19, the growth rate for March 2019 was 4.7%

OpIndia Staff -
In the eight sectors, only crude oil production declined, all other seven sectors saw positive growth in March 2019.
Economy and Finance

India is poised to uplift 2.5 crore households out of poverty by 2030, reports the World Economic Forum

OpIndia Staff -
According to a World Economic Forum report, share of households below poverty line will reduce from 15% today to 5% by 2030
News Reports

Rahul Gandhi talks while PM Modi delivers the Make In India promise: Apple to shift mass production of iPhones from China to India

OpIndia Staff -
While Bengaluru unit of Apple was already manufacturing older models, the new facility will manufacture newer phones
Economy and Finance

Modi government’s surgical strike(s) on Black Money: A multi-pronged, systematic approach that has been cleansing corruption effectively

Anant Chetan -
Demonetization was not a whim of one person, it was perfectly planned move. When on November 8, 2016, at 20:00 hrs, PM Modi announced demonetisation, people with black money knew they were in trouble.
Politics

Kumaraswamy questions Balakot airstrikes, says bombs had hurt only trees

OpIndia Staff -
Kumaraswamy said that the Prime Minister was publicising the air strikes as if he himself had carried out the strikes.
Social Media

Filmmaker turned journalist insinuates the fall of Jet Airways being PM Modi’s fault, uses it to deride BJP’s ‘Vikas’ agenda

OpIndia Staff -
Kapri, whose 'journalism' often sounds like Congress' election campaign, insinuated that the entire Jet Airways crisis is somehow the fault of the Modi government.
Opinions

‘Unemployment at 45 year high’ is fake liberal fantasy based on an obviously wrong data

Abhishek Banerjee -
How were the 'leaked NSSO data' numbers cooked up?
Economy and Finance

The IT-industry shows a 38% rise in job creation since last year: Report

OpIndia Staff -
Despite much brouhaha created by the Congress over job creation, multiple sources have reiterated that around 15 million jobs were created in India by the Modi government per year.
Politics

Do not be selfish, prepare for more taxes to fund NYAY scheme: Rahul Gandhi’s aide Sam Pitroda’s advise to Indian middle class

OpIndia Staff -
Putting the onus of guilt on the middle class for worrying about taxes, Pitroda said, "How can you see poor people around you and worry that somebody might take a 10 paisa from you. That is not India."
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