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Economic growth

Economy and Finance

Despite job loss rumours, Parle’s net profit rises 15.2% to Rs 410 crores in FY19: Report

OpIndia Staff -
Parle Biscuits' net profit for FY19 stands at Rs 410 crores.
Economy and Finance

Amazon, Flipkart festival sales generate Rs 19,000 crores In 6 days, expected to touch Rs 39,000 crore in October alone

OpIndia Staff -
The year-on-year (YoY) growth during the festive sale period was 30 per cent, with significant share coming from customers in tier II and III cities. 
Economy and Finance

India has significantly enlarged global profile steered by decisive leadership, shown remarkable resilience amid global slowdown: WEF President Borge Brende

OpIndia Staff -
World Economic Forum president Borge Brende said that India can play a crucial role in the development
News Reports

Recovery in employment generation, 4 million jobs created in last one year: Reports CMIE, known for its proximity to P Chidambaram

OpIndia Staff -
CMIE says that there has been an increase in employment with more than 405 million employed during May-August 2019.
News Reports

Government agencies and state-run companies to clear outstanding dues of vendors and contractors by October 15

OpIndia Staff -
In order to spur to growth, finance minister N Sitharaman had instructed fast payment of outstanding dues of micro, small SMEs
Economy and Finance

China’s industrial production growth at lowest in 17.5 years amidst trade war woes

OpIndia Staff -
China is set to reduce some key interest rates soon to prevent a sharper slump in activities. The interest cuts, if they happen, will be for the first time in over 3 years.
Economy and Finance

The Economy has slowed down but to say there is a ‘recession’ ahead, is an exaggeration: Here is the way out

Shishu Ranjan -
The recent release of quarterly data on GDP growth rate has created panic among citizens of India and that too for the right reasons.
Social Media

Just days before Ravish Kumar receives his Ramon Magsaysay award, social media users expose his hypocrisy

OpIndia Staff -
Ravish Kumar's view on low GDP growth rate changes on the basis of the government of the day
News Reports

Journalist Aunindyo Chakravarty says govt should print money and distribute among people to revive economy, Ravish Kumar agrees

OpIndia Staff -
Ravish Kumar and Aunindyo Chakravarty suggest the government to randomly increase currency circulation in the country to counter ongoing slowdown
News Reports

Tech-giant Apple Inc’s top-end iPhones assembled in India to hit stores next month

OpIndia Staff -
India-made iPhone XR and XS devices are expected to hit the market by August.
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