DDIndia Business: Economic Headlines & Updates

Business

December 29, 2024 1:31 PM

India-Australia trade surges to USD 26 billion, reflecting successful agreement

The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) has completed two years, marking a significant milestone in bilateral trade relations and fostering mutual growth. Since its signing, the agreement has not only strengthened ...

December 28, 2024 4:04 PM

Pralhad Joshi orders probe into price discrepancy between iOS and Android devices on ride-hailing apps

Union Minister of Consumer Affairs Pralhad Joshi has reiterated a "zero tolerance for consumer exploitation" in response to reports of price differentiation between iPhone and Android users on ride-hailing apps. Responding to a media report alleging...

December 27, 2024 5:27 PM

Share market ends in green, Sensex closes at 78,699

The Indian stock market concluded Friday's session with gains across multiple sectors. Pharma, auto, IT, financial services, FMCG, media, and private banks on Nifty saw active buying, boosting the overall sentiment. The Sensex rose by 226.59 points,...

December 27, 2024 2:57 PM

Osamu Suzuki, who led Japanese automaker into India, dies at 94

Osamu Suzuki, an ingenious pennypincher who led Japan's Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market, has died aged 94. He died on Christmas Day of lymphoma, said the company, which he...

December 27, 2024 2:34 PM

Four chip manufacturing units, three supercomputers in 2024 strengthen India’s global tech position

The year 2024 marked significant strides for India in the technology sector with the establishment of four new semiconductor manufacturing units and the commissioning of three ‘Param Rudra’ supercomputers, among several other initiatives aimed at...

December 26, 2024 4:48 PM

Advertising, marketing sector to see steady 9% hiring intent: report

The marketing and advertising sector is expected to witness a steady 9% hiring intent, according to a report released on Thursday. The report by TeamLease EdTech attributes this growth to a surge in digital advertising, the expansion of content mark...

December 26, 2024 3:43 PM

India’s share in global trade doubled since 2005, comparatively moderated in last 10 years: report

India has doubled its contribution to global trade over the last two decades, marking a significant rise in its share of global exports and imports, according to a report by the National Stock Exchange (NSE). However, the pace of growth has moderated...

December 26, 2024 1:35 PM

Travel boom in India will enable branded hotels log double-digit growth this fiscal and next: Crisil

Branded hotels in India are expected to experience robust double-digit revenue growth this financial year and the next, driven by surging demand outpacing supply, according to a report from Crisil Ratings. The agency projects that revenue for brande...

December 26, 2024 11:36 AM

Indian Rupee to remain in pressure amid weak manufacturing exports; policy rate differential with US: report

The Indian rupee (INR) is expected to come under pressure in 2025 due to a combination of global and domestic challenges, according to a report by Standard Chartered Bank. Key factors identified in the report include slowing foreign direct investmen...