Economy and Finance

News and views related to the Indian Economy and Financial sector

Economy and Finance

Modi Sarkar’s performance since 2014: An overview

Shashank Goyal -
PM Modi was largely elected on the plank of development and his record speaks for itself.
Economy and Finance

GST resulted in 5 times increased lending to small businesses- SBI report

OpIndia Staff -
The SBI report dismissed the concerns over credit supply to MSMEs as "myth", said that the sector witnessed stupendous loan growth post GST.
Economy and Finance

Qatar to become the first Gulf nation to withdraw from OPEC, decision effective from January 2019

OpIndia Staff -
Qatar is focusing on natural gas in future, not oil
Economy and Finance

The Wire comes up with flawed logic to rubbish new methodology which slashed growth rates of Congress regime

Chitra sharma -
The reasons given by the article by The Wire more amusing as it clearly showed their lack of understanding of data, statistic and above all, of economics.
Economy and Finance

SC grants clearance for RCom’s spectrum sale to Jio, Rcom to furnish Rs 1400 crore corporate guarantee

OpIndia Staff -
Once the corporate guarantee is furnished by RCom, the government is bound to give its NOC for the spectrum sale within a week
Economy and Finance

Facts, No Fiction: What the rupee does (not) tell us

Karan -
Rupee does not signal the health of the Indian Economy, however, it is an important indicator as far as the external sector is concerned.
Economy and Finance

Rupee rises 21 paise against US Dollar, touching a three-month high

OpIndia Staff -
The Rupee rose by 21 paise to 69.64 against the US Dollar.
Economy and Finance

Latest GDP and growth figure revision is based on robust and rigorous methodology

Karan -
According to the revised GDP numbers released by the government on Wednesday, India’s economic growth under the previous Congress-led coalition government was slower than estimated earlier and was never in double digits.
Economy and Finance

Insolvency and Bankruptcy Code has led to recovery of Rs. 3 lakh crores of stressed assets in 2 years

OpIndia Staff -
More than 9,000 cases have come for redressal under the Insolvency and Bankruptcy Code (IBC) after it became fully operational in December 2016.
Economy and Finance

Finance Minister Arun Jaitley puts to rest reports of Government seeking reserves from RBI

OpIndia Staff -
Finance Minister Arun Jaitley said that government does not RBI reserve for next 6 months
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