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economy growth

Economy and Finance

GST collection crosses Rs 1 lakh crore in December with 16 percent annual growth, second month in a row

OpIndia Staff -
According to the press release, Arunachal Pradesh showed the highest rate of growth of gross GST in December at 124%, while GST collection in Lakshadweep fell by 78% and in Jharkhand by 3%.
Economy and Finance

How realistic is Prime Minister Modi’s target of making India a $5 trillion economy by 2024

Shashank Goyal -
India’s Prime Minister Mr Narendra Modi has declared his vision of making India a $5 trillion economy by 2024.
Economy and Finance

To promote growth, just cut tax rates: Here is the likely impact of tax rates for corporates being slashed by the Modi govt

Karan -
1- 22 per cent of Corporate Tax Rate because it is the optimal tax rate implies that revenue maximization is the key driver of taxation policy going forward.
News Reports

Dark days ahead for Pakistan as power supply to Imran Khan’s office snapped for non-payment of dues

OpIndia Staff -
Laughably, an impoverished economy, which is on the brink of collapse has threatened India with a nuclear war
News Reports

Economic Advisory Council slams Arvind Subramanian, says his criticism of GDP estimation methodology ‘lacks rigor’

OpIndia Staff -
The Economic Advisory Council to the Prime Minister (EAC-PM) has released a detailed analysis of India’s new GDP estimation methodology.
Economy and Finance

World Bank retains forecast of 7.5% growth in FY19-20 for the Indian economy

OpIndia Staff -
The World Bank has projected that the Indian economy will grow at a rate of 7.5 per cent for the next 3 fiscal years.
Economy and Finance

India’s GDP grew by 6.8% in the last financial year, quarterly rate fell below 6% in the last quarter

OpIndia Staff -
The GDP growth rate for the financial year 2018-19 was 6.8% at constant price, and 11.2% at the current price.
Economy and Finance

The discussion around GDP data is driven by political and ideological belief, not data and facts

Karan -
The recent debate regarding the GDP has come with the backdrop of a report that suggests that the MCA-21 database has 36% of its companies unsuitable for collection of data
Politics

Article 35A is constitutionally vulnerable, hampering economic growth of Jammu and Kashmir: Arun Jaitley

OpIndia Staff -
Article 35A has prevented investment and dismantled the economy of Jammu and Kashmir, Jaitley said.
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.
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