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Economic growth

Economy and Finance

Festive season puts Indian Economy back on track as the Auto sector, GST collections post impressive figures in October 2020

OpIndia Staff -
Besides encouraging Automobiles sales figures, GST mop up for the month of October, has for the first time touch the Rs 1 lakh crore mark, 10 per cent rise as compared to October 2019 collections
News Reports

“Insider trading?” Netizens wonder as Bajaj Auto registers record sales in October despite Rajiv Bajaj’s fear-mongering about economic slump

OpIndia Staff -
Bajaj Auto has registered its highest-ever monthly sales of 5.12 lakh units, a staggering 11 per cent year-on-year growth as compared to October 2019
Economy and Finance

Those who brought us Kerala model of health have now come up with Bangladesh model of economy: How they are wrong, so, so wrong

Abhishek Banerjee -
Doesn’t it also predict that India will see a GDP growth of 8.8% next year, making us the world’s fastest growing economy and India will easily pull ahead of Bangladesh in per capita GDP next year?
Government and Policy

Rs 10,000 special festival advance for govt employees, Interest-free 50-year loans to states: FM Nirmala Sitharaman

OpIndia Staff -
Finance Minister Nirmala Sitharaman said that the Centre will provide Rs 10,000 special festival advance to its employees to stimulate demand in the economy.
Opinions

Economic policy to alleviate the immediate effects of Covid-19 on the Indian Economy needs to be tactical to stabilize society

Guest Author -
As preparations are made to restart economy after effects of lockdown, stimulating demand side of economy is need of the hour
News Reports

Union govt unveils three schemes worth Rs 50,000 crore to make India self-reliant in electronics manufacturing

OpIndia Staff -
Union IT minister Ravi Shankar Prasad releases detailed guidelines about the three new initiatives to promote electronics manufacturing
Opinions

Lifting the lockdown and revival of the economy: An open letter to PM Modi

Vijaya Dar -
Lockdown will result in the number of cases looking to be under control, but its repeal will inevitably result in a spike.
Opinions

The perils of US hegemony, the petrodollar and the role India could play in the emergence of the New World Order

Lt Gen Abhay Krishna -
To achieve a more balanced world order, India undoubtedly needs to first grow militarily in view of the current geopolitical scenario which clearly indicates the possibility of global conflict is not too distant a future.
Government and Policy

Banks allowed to defer EMIs by 3 months, cut in repo rate, liquidity injection of Rs 3.74 lakh crores: Highlights of the RBI Governor’s...

OpIndia Staff -
The most important notification put out by the RBI on Friday was that a three-month moratorium has been announced on payment of instalments of loans outstanding on March 1, 2020.
Economy and Finance

India’s service sector activity growth hits 7-year high in January due to robust domestic demand

OpIndia Staff -
Two days back, The IHS Markit had released its India Manufacturing Purchasing Manager’s Index, which showed an increase in manufacturing activity in the country. The index had risen to 55.3 in January from 52.7 in December.
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