Economy and Finance

News and views related to the Indian Economy and Financial sector

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 -
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 -
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 -
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

Surjit Bhalla resigns from the part-time membership of the PM’s Economic Advisory Council

OpIndia Staff -
Currently, Bibek Debroy is the chairman of the EAC.
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.
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