Economy and Finance

News and views related to the Indian Economy and Financial sector

Economy and Finance

Facts, No Fiction: Recent farm loan waiver prove that Congress hasn’t learnt from its past mistakes that drove fiscal deficit up

Karan - 22 December, 2018

Populist policies like farm loan waiver of the Congress indicate two things; unwillingness to learn from past economic mistakes and the lack of a sound policy agenda to resolve some of the long-standing issues of Indian farmers.

Economy and Finance

Much ado about nothing: Demystifying the needless hue and cry over the RBI

shwetashalini - 20 December, 2018

Nothing justifies this misinformation campaign attempt at political point scoring even though there is no credible point which Congress can harp on to while making those claims.

Economy and Finance

Farmer loan waivers tell us why Congress has no agenda

Chitra sharma - 20 December, 2018

Congress had announced a similar farmer loan waiver in 2008 which led it to a victory in the 2009 elections

Economy and Finance

PM Modi makes a big announcement: 99% items to soon fall under 18% GST slab or lower

OpIndia Staff - 18 December, 2018

"Today, GST system has been established to a large extent and we are working towards a position 99% things would attract the sub- 18% slab", said Prime Minister Narendra Modi

Economy and Finance

Facts, No Fiction: There’s a new sheriff in RBI

Karan - 14 December, 2018

The man who steered the economy through Demonetization, Shaktikanta Das, has been put in charge of the RBI by the Modi government

Economy and Finance

Amidst speculations over Govt-RBI stand off, Jaitley asks how a mere discussion be considered ‘destruction’ of an institution

OpIndia Staff - 14 December, 2018

Urjit Patel had resigned earlier this week as RBI governor citing personal reasons.

Economy and Finance

Industrial production growth at a 11 month high of 8.1% in October, while retail inflation dips to 17 month low

OpIndia Staff - 13 December, 2018

The retail inflation has hit a 17-month low of 2.33% in November as against 3.31 per cent in October as the prices of food items, including vegetables have come down.

Economy and Finance

UK Home Office acknowledges receipt of extradition order against Vijay Mallya

OpIndia Staff - 12 December, 2018

British-Pakistani Home Secretary Sajid Javid will now contemplate on the order of the court and then decide whether further action on extradition should be taken or not.

Economy and Finance

Has PM Modi sounded the start of slog overs with the new RBI Governor’s appointment?

Gaurav - 11 December, 2018

Shaktikanta Das, who is currently a member of The Finance Commission and Former Finance Secretary (the one who presided over Demonetisation), has been appointed as the new RBI Governor by the Modi government

Economy and Finance