DDIndia Business: Economic Headlines & Updates

Business

October 30, 2024 3:21 PM

India-Saudi Arabia Economic and Commercial Relations: An Overview

Union Commerce and Industry Minister Piyush Goyal is on a two-day visit to Saudi Arabia from October 29 to 30. This visit underscores the significant advancements in Indo-Saudi relations, a partnership that is not only rich in history but also holds ...

October 30, 2024 12:01 PM

RBI increases gold reserves to 855 metric tonnes; forex reserves cover 11.2 months of imports

India's total gold reserves held by the Reserve Bank of India (RBI) amount to 854.73 metric tonnes, according to the central bank's latest report. Released on Tuesday, the report indicates that a significant portion of these reserves, 510.46 metric ...

October 30, 2024 10:44 AM

Investors take cover in Asia ahead of US election

Investors are selling yen and taking shelter in cash, India, pockets of China's markets and Singapore dollars ahead of a U.S. election that could shake out global money and trade flows. Asia's financial markets stand on the front line of what could ...

October 29, 2024 11:15 PM

PM Modi to inaugurate and lay foundation for Rs 284 crore projects at Statue of Unity

In a momentous occasion coinciding with Diwali and the birth anniversary of Sardar Vallabhbhai Patel, Prime Minister Narendra Modi is set to inaugurate and lay the foundation for various development projects and tourist attractions in Ekta Nagar on O...

October 29, 2024 10:44 PM

India’s festive gold buying spree continues, defying record price

Indian buyers of gold brushed off record high prices and made purchases for the Dhanteras and Diwali festivals starting on Tuesday, hoping bullion would continue to rally and deliver promising returns amid a cooling stock market, industry officials t...

October 29, 2024 9:55 PM

PM Modi’s focus on skill-based job creation; Rs 3 lakh crore allocated in budget: Union Minister Kumaraswamy

The central government, under the leadership of Prime Minister Narendra Modi, has allocated over Rs 3 lakh crore in the recent budget specifically aimed at skill-based job creation. Union Minister for Heavy Industries and Steel, HD Kumaraswamy, annou...

October 29, 2024 5:45 PM

Sensex, Nifty close higher, boosted by banking stocks

The Indian stock market closed in positive territory for the second consecutive day of the week after trading flat earlier in the day. On Monday, the market broke a five-day losing streak experienced in the previous week amid weak earnings and contin...

October 29, 2024 10:46 AM

Nifty, Sensex open flat amid continued selling by FIIs

India’s benchmark indices opened flat on Tuesday amid continued selling pressure from foreign institutional investors (FIIs). The Nifty slipped 10.30 points, starting at 24,328.85, while the Sensex rose by 32 points to open at 80,037.20. On Monda...

October 28, 2024 5:35 PM

Indian stocks rebound as Sensex and Nifty snap five-day losing streak

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October 28, 2024 4:41 PM

Demand for premium vehicles surges in India ahead of festive season: survey

The demand for premium vehicles in India is on the rise as the festive season approaches, according to a survey by Grant Thornton Bharat. The report attributes this shift in consumer preferences to increased disposable incomes and a favorable economi...