DDIndia Business: Economic Headlines & Updates

Business

January 1, 2025 7:12 PM

GST collections reach ₹1.77 lakh crore in December 2024

India's Goods and Services Tax (GST) collections rose to ₹1.77 lakh crore in December 2024, a 7.3% increase compared to ₹1.65 lakh crore in December 2023, as per data released by the government. The breakdown of December's GST collection...

January 1, 2025 4:50 PM

Benchmark indices close higher on first day of 2025

India's benchmark stock indices closed higher on the first trading day of 2025. Gains were recorded across sectors such as auto, IT, PSU banks, financial services, pharmaceuticals, FMCG, media, energy, and private banks on the National Stock Exchange...

January 1, 2025 10:43 AM

Indian share market begins New Year on flat trajectory

The domestic benchmark indices opened flat on Wednesday as selling pressure was observed in the auto, PSU bank, financial services, pharma, and metal sectors on the Nifty. At around 9:35 am, the Sensex was trading at 78,054.12, down 84.89 points or ...

December 31, 2024 6:06 PM

Health, convenience key focus for food companies in Asia Pacific: report

Health and convenience have become key focus areas for packaged food companies in the Asia-Pacific (APAC) region, according to a report on Tuesday. As food companies navigate increasing input costs, especially in oils and fats, their innovations rem...

December 31, 2024 5:30 PM

Stock market ends year near flatline as Nifty stays above 23,650

The Indian equity benchmarks, BSE Sensex and NSE Nifty 50, concluded the final trading session of 2024 near the flatline, following a day of recovery from intra-day lows. Losses in IT and select banking stocks weighed heavily, though gains in other s...

December 31, 2024 4:54 PM

Global stocks and dollar end 2024 steady, 2025 all about Trump

World stocks held steady on Tuesday in cautious year-end trading that has seen investors bracing for the incoming Donald Trump administration by scaling back bets on deep U.S. interest rate cuts in 2025, helping the dollar stand tall against most oth...

December 31, 2024 5:02 PM

Year-End Review: India advances in future-ready technologies across sectors

India has emerged as a global powerhouse in the manufacturing sector, making remarkable strides in futuristic technologies across industries ranging from electronics to steel. The year 2024 saw the country solidify its position on the world stage, be...

December 31, 2024 4:26 PM

Year Ender: 2024 marked a year of ‘firsts’ for India on the global stage

The year 2024 has been a landmark period for India, marked by groundbreaking achievements and a series of "firsts" that underscore the nation's growing global stature. These milestones reflect India's commitment to innovation, inclusivity, and leader...

December 31, 2024 1:32 PM

India targets $1 billion banana exports as sea route trial proves successful

India has achieved a tenfold increase in banana exports over the past decade and aims to reach $1 billion in exports within the next five years, according to the Agricultural and Processed Food Products Export Development Authority (APEDA). The surg...

December 31, 2024 1:10 PM

Gross NPA ratio of India’s banks falls to 12-year low of 2.6%

India’s banking sector has witnessed continued improvement in asset quality, with the gross non-performing assets (GNPA) ratio dropping to 2.6% of total advances in September 2024, marking the lowest level in the past 12 years, according to the Res...