DDIndia Business: Economic Headlines & Updates

Business

November 29, 2024 10:39 AM

Share market opens in green, media and pharma stocks shine

The Indian stock market opened in green on Friday as buying was seen in the Media and Pharma sector in early trade. At around 09.44 a.m., the Sensex was trading at 79,369.57 after gaining 325.83 points or 0.41 per cent, while the Nifty was trading a...

November 28, 2024 11:03 PM

India sees strong growth in key mineral production in FY 2024-25

The production of several key minerals in India has continued to show robust growth in the first half of FY 2024-25 (April-October), following record production levels in FY 2023-24. Iron ore, which constitutes 69% of the total mineral production by...

November 29, 2024 3:16 PM

AMRUT 2.0: Key milestones in urban transformation and water security

The Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 scheme, launched on October 1, 2021, continues to make strides towards transforming Indian cities into self-reliant and water-secure urban centers. Focused on key areas such as un...

November 28, 2024 9:20 PM

Government pushes for greater ethanol blending in petrol

The Government of India has implemented a series of initiatives since 2014 to achieve ethanol blending targets under the Ethanol Blended Petrol (EBP) Programme. These efforts have led to remarkable progress, with the blending rate increasing from jus...

November 28, 2024 6:50 PM

Women’s workforce participation sees steady growth, government initiatives boost employment opportunities

Women’s participation in India’s workforce has seen a remarkable rise in recent years, according to the latest Annual Periodic Labour Force Survey (PLFS) reports. The Worker Population Ratio (WPR) and Labour Force Participation Rate (LFPR) for wo...

Adani-Green-mulls-raising-fund-expansion

November 28, 2024 5:03 PM

Global sovereign funds, top investors reaffirm support for Adani group

Abu Dhabi's International Holding Company (IHC) on Thursday said its outlook on investments in the Adani Group remains unchanged despite the US indictment of some of the conglomerate's officials. In a statement, IHC, which is one of the largest sove...

November 28, 2024 4:43 PM

Sensex and Nifty sink amid global and domestic pressures

Domestic stock markets faced selling pressure on Thursday due to declines in tech heavyweight stocks, a lack of major global cues, and weak performance in Asian markets. The Sensex dropped by 1,190.34 points, closing at 79,043.74, while the Nifty fe...

November 28, 2024 4:40 PM

Piyush Goyal urges industry feedback on national single window system

Union Minister of Commerce and Industry, Piyush Goyal, has expressed concerns over the lack of engagement from the industry with the National Single Window System (NSWS) and the Industrial Land Bank initiatives, crucial platforms designed to streamli...

November 28, 2024 3:08 PM

SoftBank’s Masayoshi sees India as future AI chip capital

SoftBank Founder and CEO Masayoshi Son has expressed confidence in India’s potential to emerge as the global hub for AI chip manufacturing. Speaking during a meeting with leading Indian startup founders in New Delhi, Son underlined his commitment t...

November 28, 2024 1:46 PM

BJP-led NDA’s resounding assembly election wins to push economic reforms

The recent state assembly election victories have further consolidated the position of BJP-led NDA which will provide much-needed stability and resolve to push for economic reforms, according to a report on Thursday. The results of recent state/Bye-...