DDIndia Business: Economic Headlines & Updates

Business

October 2, 2024 2:18 PM

BRICS+ nations are better prepared to manage future economic challenges than G7 nations: E&Y

The BRICS+ group of countries is better positioned to fiscally combat any future major economic crisis, as these countries have a lower debt-to-GDP ratio, highlighted a report by Ernst & Young, an international consulting firm. The report states...

October 1, 2024 7:49 PM

GST collections in September rise 6.5% year-on-year at Rs 1.73 lakh crore

Goods and Services Tax (GST) collections in September reached Rs 1.73 lakh crore, marking a 6.5 percent year-on-year increase, according to data released by the Finance Ministry on Tuesday. In September 2023, the total collection stood at Rs 1.62 lak...

October 1, 2024 4:36 PM

Indian stocks close marginally lower on Tuesday

Indian stock indices closed slightly lower on Tuesday, marking the third straight session of profit booking. The market largely held steady throughout the day before ending on a marginal decline. The Sensex ended the session at 84,266.29 points, dow...

October 1, 2024 9:02 PM

National Consumer Helpline empowers consumers to address grievances

The National Consumer Helpline (NCH), a flagship project of the Department of Consumer Affairs, is playing a pivotal role in supporting consumers across the country. The helpline has been established to assist consumers in addressing a variety of iss...

September 30, 2024 6:30 PM

India’s core sector output drops by 1.8% in August

The Index of Eight Core Industries (ICI) recorded a 1.8 percent decline in August compared to the same period last year, according to provisional data. The drop was driven by negative growth in coal, crude oil, natural gas, petroleum refinery product...

September 30, 2024 6:23 PM

Dubai Hosts Global Hospitality Leaders at Future-Focused Summit

The Future Hospitality Summit has returned to Dubai's Madinat Jumeirah for a three-day event from September 30 to October 2. This year's summit, the largest to date, is set to bring together over 1,500 industry leaders and feature more than 110 disti...

September 30, 2024 3:58 PM

Equity markets close lower on Monday

Indian equity markets closed on a weaker note on Monday, with the Nifty slipping below 25,850. The Sensex plunged 1,272.07 points, or 1.49%, to settle at 84,299.78, while the Nifty declined 368.20 points, or 1.41%, finishing at 25,810.80. In t...

September 30, 2024 3:46 PM

Epic Games accuses Samsung, Google of scheme to block app rivals

“Fortnite” video game maker Epic Games on Monday accused Alphabet’s Google and Samsung, the world’s largest Android phone manufacturer, of conspiring to protect Google’s Play store from competition. Epic said it would file a lawsuit in U.S...

September 30, 2024 3:54 PM

Cost-conscious Chinese tourists look to affordable options for Golden Week holiday

Chinese tourists are expected to take longer trips than last year during the Golden Week holiday that kicks off on Tuesday, but that will not necessarily lead to a bump in spending, travel industry experts said. With the economy slowing and consumer...

September 30, 2024 2:41 PM

Why India’s easing of export curbs is important to global rice trade

India has removed most of the export curbs it imposed on rice shipments in 2023 with immediate effect, as above-average monsoon rains are expected to boost crop yields amid overflowing stocks in state granaries. Here are some facts explaining India'...