DDIndia Business: Economic Headlines & Updates

Business

December 4, 2024 1:42 PM

India’s growing role in global trade

India’s exports have seen significant growth across various sectors, driven by technological advancements and competitive manufacturing. The nation has expanded its reach in areas such as petroleum oils, agrochemicals, semiconductors, and precious ...

December 4, 2024 12:57 PM

RBI MPC meet begins, focus on inflation control

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) began its three-day meeting on Wednesday, chaired by Governor Shaktikanta Das. The discussions will conclude on December 6, with the policy decisions scheduled to be announced on the s...

December 4, 2024 10:13 AM

Indian stock market opens higher, Nifty above 24,500

Indian stock market opens higher, Nifty above 24,500 The Indian stock market started on a positive note on Wednesday, with early gains driven by public sector enterprise (PSE) and information technology (IT) stocks. At 9:36 am, the Sensex climbed 24...

December 4, 2024 9:06 AM

CII Partnership Summit 2024: External Affairs Minister Jaishankar meets global ministers in Delhi

External Affairs Minister (EAM) S Jaishankar, during the 29th CII Partnership Summit in New Delhi, met with many international ministers and leaders and engaged in talks about India's growth and potential partnerships on the global stage. Jaishankar ...

December 3, 2024 8:17 PM

Must redesign global financial institutions, restructure debt to achieve SGDs in Global South: Amitabh Kant

India's G20 Sherpa, Amitabh Kant, emphasized the urgent need to redesign global financial institutions and restructure debt to help countries in the Global South achieve the Sustainable Development Goals (SDGs). Speaking at the 29th CII Partnership S...

December 3, 2024 5:02 PM

UPI transactions may reach 25 billion by 2025

India’s Unified Payments Interface (UPI) reached a milestone in October, recording 16.58 billion financial transactions in a single month, reflecting a 45% year-on-year growth from 11.40 billion transactions in October 2023. With ₹23.49 lakh cror...

December 3, 2024 4:57 PM

Indian indices end higher, Sensex surges by nearly 600 points

The Indian stock market closed on a positive note on December 3, 2024, with both the Sensex and Nifty posting substantial gains. The Sensex surged by 597.67 points, ending the session at 80,845.75, while the Nifty rose by 181.10 points, closing at 24...

December 3, 2024 1:51 PM

Centre releases Rs 50,571 crore to states under capital investment scheme

The Union government has released Rs 50,571.42 crore to states under its 'Special Assistance for Capital Investment' scheme, aimed at boosting funding for various development projects during the first eight months of the current financial year, Minis...

December 3, 2024 10:53 AM

Indian stock market shows resilience amid economic concerns

Indian stock markets opened on a positive note on Tuesday, shrugging off recent GDP growth slowdown concerns. The Nifty 50 index opened at 24,367.50 points, marking a gain of 91.45 points, or 0.38%, while the BSE Sensex opened at 80,529.20 points, up...

December 3, 2024 9:02 AM

UNCCD in Riyadh: India underlines efforts on land restoration, drought resilience at CoP16

Union Minister for Environment, Forests, and Climate Change Bhupender Yadav has outlined India's efforts to address land degradation and desertification, aligning with the objectives of the UN Convention to Combat Desertification (UNCCD). While deli...