Economy and Finance

News and views related to the Indian Economy and Financial sector

Economy and Finance

India surges ahead, likely to overtake UK in largest economy rankings in 2019: PwC report

OpIndia Staff -
"India and France are likely to surpass the UK in the world's largest economy rankings in 2019, knocking it from fifth to seventh place in the global table," PwC's Global Economy Watch report said.
Economy and Finance

Vibrant Gujarat Summit: Investments worth lakhs of crores announced by Indian and foreign companies

OpIndia Staff -
Investors announced investments worth more than Rs 4 lakh crore for the state.
Economy and Finance

Middle class with Modi: Video shared on Modi govt’s policies gets overwhelming response on Twitter

OpIndia Staff -
Many people trended the hashtag and counted the personal experience of benefits in the 4.5 years of the Modi government.
Economy and Finance

Rate of WPI inflation falls to eight-month low of 3.8% in the month of December

OpIndia Staff -
The food inflation in December was almost nil at 0.07%, down from 3.31% in November.
Economy and Finance

S Gurumurthy sends legal notice to The Economist for defamatory article that called him a ‘fixer’ who ‘gets things done in Delhi’

OpIndia Staff -
The concerned article was published in the print issue of The Economist on 24 November.
Economy and Finance

The way forward for India: Targeted Basic Income

Karan -
The choice of this new policy instrument is very clear, it should come under the Direct Benefit Transfer framework in the form of a Targeted Basic Income.
Economy and Finance

World Bank says India to retain status as fastest growing economy, 7.5% growth predicted for 2019

OpIndia Staff -
India's GDP is expected to grow at a rate of 7.5% in the 2019-20 financial year.
Economy and Finance

Agriculture, Manufacturing and Industry to push GDP growth to 7.2% in 2018-19 as against 6.7% last year

OpIndia Staff -
The numbers suggest growth in agriculture, manufacturing and construction sector contributing massively to the GDP
Economy and Finance

Vijay Mallya declared fugitive economic offender, properties can now be confiscated

OpIndia Staff -
A special PMLA court today declared Vijay Mallya a fugitive economic offender under the FEO Act,2018.
Economy and Finance

Decline in gross NPA ratio of commercial banks, may decline further, says RBI in Financial Stability Report

OpIndia Staff -
RBI governor Shaktikanta Das has added that stress test results further indicate an improvement in NPA ratio but its current level remains still high for comfort.
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