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Economy

Economy and Finance

What they never told you when they said India was the worst performing emerging economy

Abhishek Banerjee -
India’s economy contracted by 23.9%. For comparison, Brazil’s GDP contracted by 11.9% and Russia’s GDP by 8%. So, did they really do better than India?
News Reports

Nine out of Eleven component manufactures of Apple convinced to shift their plants from China to India: Union minister Ravi Shankar Prasad

OpIndia Staff -
Taking benefit of the PLI scheme announced by govt of India, several component makers and assemblers of Apple moving to India
Media

Rajdeep Sardesai comes as knight in shining armour for anyone who needs a platform to clarify after goofing up

Nirwa Mehta -
Rajdeep Sardesai, often fondly referred to as Michelangelo for his expertise in the art of hypocrisy, also doubles up as cleaning agent.
Opinions

Why don’t we give credit to Hindu festivals for reviving the economy?

Abhishek Banerjee -
Say it with me: It is the Hindu festival season that has brought the economy back on track.
News Reports

A week after Rajiv Bajaj blamed Modi govt for ‘economic slow-down’, Bajaj Auto records highest-ever monthly sale

OpIndia Staff -
Contrary to claims made by Rajiv Bajaj, his company has made record sales in October 2020 amid the Chinese coronavirus pandemic.
News Reports

After Rajiv Bajaj said there is slowdown in the two-wheeler market, Hero MotoCorp achieves record sale in October

OpIndia Staff -
Rajiv Bajaj had said that two-wheeler sales will remain in the current fiscal year due to new regulations and "draconian lockdown"
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.
OpIndia Explains

Joseph Stiglitz, the economist that Rahul Gandhi praised for attacking Modi, is known for his questionable policies and wrong predictions

OpIndia Staff -
Joseph Stiglitz had praised the economic policies of Venezuelan govt, said subprime crisis will not happen
News Reports

Truth behind India’s slip in Global Economic Freedom ranking: Change in methodology responsible, not what Congress party want you to believe

OpIndia Staff -
India's 2020 ranking in Economic Freedom Index is not comparable with 2019 ranking, due to several changes in the methodology
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