Economy Archives - DD India

Economy

January 20, 2025 11:35 AM

RBI steps to boost liquidity in banking system are smart, pragmatic: SBI

More changes in the RBI Liquidity Management Framework are likely after the daily dynamic VRR (variable rate repo) has been taken as the first step to manage liquidity in the banking system, according to an SBI research report. “Such changes and f...

January 20, 2025 10:59 AM

Sensex, Nifty rise ahead of Trump’s oath-taking

India’s benchmark indices opened higher on Monday, with investors cautiously awaiting Donald Trump's inauguration as the 47th president of the United States. The Nifty gained 87.20 points, or 0.38 percent, to open at 23,290.40, while the Sensex cl...

January 20, 2025 10:32 AM

India outlines 6-point plan to boost economic ties with EU

Commerce and Industry Minister Piyush Goyal outlined six broad principles for building a mutually beneficial partnership between India and the European Union at a high-level meeting with Maros Sefcovic, European Commissioner for Trade and Economic Se...

January 19, 2025 12:44 PM

Startup India Mission marks nine years of growth and innovation

On the ninth anniversary of the Startup India mission, Union Minister for Commerce and Industry, Piyush Goyal, highlighted the significant role the initiative continues to play in driving India’s economic growth. The minister emphasized that much o...

January 19, 2025 11:54 AM

Ashwini Vaishnaw heads to Davos to discuss India’s growth model at WEF 2025

Union Minister Ashwini Vaishnaw is set to participate in the World Economic Forum (WEF) 2025 in Davos, Switzerland, underscoring India’s commitment to inclusive growth and transformative development. Before his departure, Vaishnaw emphasized India�...

January 19, 2025 10:39 AM

India to grow at 6.7% for next two years: World Bank

India is projected to sustain its position as the fastest-growing major economy, with a growth rate of 6.7% in both FY26 and FY27, according to the World Bank's latest Global Economic Prospects (GEP) report, outpacing a global growth projection of 2....

January 18, 2025 2:55 PM

India’s economic growth poised to rebound as demand picks up: RBI bulletin

India's economic growth is poised to rebound as domestic demand regains strength reflecting a resilience in consumption, supported by brighter agricultural prospects," according to the RBI’s monthly bulletin for January. "There is a conducive quic...

January 18, 2025 10:02 AM

IMF projects India growth to be solid at 6.5 pc in 2025 and 2026

In India, the economic growth is projected to be solid at 6.5 per cent in 2025 and 2026, as projected in October and in line with potential, the International Monetary Fund (IMF) has said in its latest World Economic Outlook (WEO) update. The IMF fo...

January 17, 2025 10:39 PM

Budget session of Parliament to begin on January 31 with President’s address

The budget session of Parliament is scheduled to begin on January 31, extending until April 4. The session will commence with President Droupadi Murmu addressing a joint sitting of both Houses of Parliament. Finance Minister Nirmala Sitharaman will ...

January 17, 2025 4:21 PM

Indian stock market ends lower after 3-day gains, Nifty below 23,250

Indian stock market benchmarks ended in the red on Friday, marking a pause after a three-day gaining streak. The decline was led by selling in IT and financial services sectors. The Sensex closed at 76,619.33, shedding 423.49 points, or 0.55%, while...

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