DDIndia Business: Economic Headlines & Updates

Business

October 28, 2024 3:55 PM

Bangladesh stocks plunge for fourth consecutive day amid political uncertainty

In Bangladesh, the Dhaka Stock Exchange (DSE), Bangladesh's primary capital market, experienced a fourth consecutive day of decline in trading on Monday amidst political uncertainties. On Sunday, DSE tumbled below 5,000 points after four years with h...

October 28, 2024 2:06 PM

“Talks will make relationship more dynamic,” says PM Modi during bilateral meeting with Spanish PM Sanchez

Prime Minister Narendra Modi met Spanish Prime Minister Pedro Sanchez on Monday in the Durbar Hall of the historic Laxmi Vilas Palace in Vadodara, following the inauguration of the Tata-Airbus C-295 aircraft assembly facility. The two leaders shared...

October 28, 2024 12:58 PM

Tata’s Vadodara plant to deliver first aircraft in 2026, says Chairman Chandrasekaran

Tata Sons Chairman N Chandrasekaran said on Monday that the company’s aircraft manufacturing facility, established in collaboration with Airbus, will deliver its first C-295 military transport aircraft within two years. "Two years from today, we w...

October 28, 2024 12:09 PM

Oil slides on Mideast respite, yen down as Japan govt loses majority

The yen hit a three-month low on Monday as Japan's ruling party lost its parliamentary majority, while oil tumbled after Israel's weekend strike on Iran bypassed oil or nuclear targets. Japan's Nikkei, after initially falling, rose 1.9% and the yen ...

October 28, 2024 12:04 PM

Swiss companies set sights on India as $100 bln trade pact promises more opportunities

Investments in India by Swiss companies such as engineering group ABB and transport firm Kuehne+Nagel are on the rise, with a $100 billion regional trade deal expected to further open it up to businesses long geared towards China. India's appeal has...

October 28, 2024 10:28 AM

Nifty, Sensex begin week with gains; market uncertainty likely to persist until US election results

Indian stock markets opened the week with modest gains after last week's 2.5% decline across both key indices. The Nifty 50 index opened at 24,251.10, marking an increase of 70.30 points or 0.29%, while the BSE Sensex gained 251.38 points, starting t...

October 28, 2024 9:12 AM

PM Modi and President of Govt of Spain Sanchez to inaugurate Tata-Airbus C295 aircraft plant in Vadodara

Prime Minister Narendra Modi, along with President of the Govt of Spain Pedro Sanchez, who is technically the country's Prime Minister, will be inaugurating the Tata-Airbus C295 aircraft plant facility in Vadodara, Gujarat on Monday. Pedro Sanchez, w...

October 28, 2024 10:22 AM

Jaishankar highlights India’s expanding role in global job market

External Affairs Minister S. Jaishankar emphasized India's growing role in the global job market on Sunday, highlighting the government’s proactive steps in creating employment opportunities for Indians beyond national borders. Speaking to the pre...

October 27, 2024 10:24 AM

Silver set to outshine gold with target of Rs 1.25 lakh by 2025: MOFSL report

The financial landscape for precious metals appears set for an exciting shift, with silver poised to potentially outperform gold in the coming year, according to the latest report from Motilal Oswal Financial Services Ltd (MOFSL). The firm predicts t...

October 26, 2024 9:05 AM

Nirmala Sitharaman highlights Global South’s role in shaping multilateral development banks

Union Finance Minister Nirmala Sitharaman underscored the contributions of the Global South to the foundations of multilateral development banks at the 1944 Bretton Woods conference, stressing the importance of diverse voices in decision-making for a...