DDIndia Business: Economic Headlines & Updates

Business

September 23, 2024 6:11 PM

Euro drops as glum PMI readings stoke bets on more ECB easing

The euro fell against the dollar on Monday as business activity readings painted a grim picture of the euro zone economy and fuelled bets on more interest rate cuts by the European Central Bank (ECB) this year. The common currency dropped 0.4% to $1...

September 23, 2024 5:00 PM

World Free Zones Congress Kicks Off in Dubai, Focusing on Global Economic Shifts

The 10th annual World Free Zones Organisation (World FZO) Congress commenced today at the Madinat Jumeirah in Dubai. Running from September 23rd to 25th, this year's event brings together leading experts, decision-makers, and stakeholders from the fr...

September 23, 2024 4:37 PM

Sterling at two-year peak versus euro after PMI data

Sterling dipped against the dollar on Monday but touched a new two-year high versus the euro as business activity readings pointed to diverging economic cycles in the British and euro zone economies. The pound slipped 0.2% to $1.3298, hovering below...

September 23, 2024 4:42 PM

Indian markets ended on a positive note on Monday

The stock market ended on a positive note on Monday, with both benchmark indices reaching record highs. The BSE Sensex surged by 384.30 points, closing at 84,928.61, while the NSE Nifty climbed 148.10 points to settle at 25,939.05. Gains in sectors s...

September 23, 2024 3:22 PM

Google to explore more opportunities of AI in India: Google CEO Sundar Pichai

Google CEO Sundar Pichai says that Prime Minister Narendra Modi is focused on transforming India with his digital vision and he is exploring the ways in which Artificial Intelligence can benefit the people of India. Google CEO shared his views after...

September 23, 2024 12:01 PM

PM Modi to US tech CEOs: India investing heavily in design, skills, and innovations

Prime Minister Narendra Modi showcased India's growing stature as a global technology and innovation hub in his address to CEOs of leading tech companies in the US. Participating in a roundtable with the CEOs in New York on Sunday during the second ...

September 23, 2024 10:59 AM

“Initiative on Critical, Emerging Tech is India’s commitment to inclusive innovations”: PM Modi at tech CEOs roundtable in US

Prime Minister Narendra Modi stressed that technology collaboration and efforts such as the "Initiative on Critical and Emerging Technology" (ICET) are part of the India-US Comprehensive Global Strategic Partnership and emphaise India's commitment to...

September 23, 2024 2:50 AM

“No Ocean can separate you from India”: PM Modi to Indian diaspora in US

Prime Minister Narendra Modi, while addressing the Indian diaspora at the Nassau Coliseum in Long Island, New York, emphasized the unbreakable bond between India and its people, regardless of where they are in the world. He acknowledged the vital rol...

September 23, 2024 2:29 AM

India is voice of Global South; the world listens when we speak: PM Modi

Prime Minister Narendra Modi emphasized India's growing influence on the global stage during his address to the Indian diaspora in New York, asserting that "the world listens when India speaks." Highlighting India's role as a significant voice for t...

September 23, 2024 2:09 AM

‘Made in India’ chips will run devices globally: PM Modi in New York

Prime Minister Narendra Modi addressed a large gathering of Indian Americans on the second day of his three-day visit to the United States, emphasizing India's ambition to become a global hub for semiconductor manufacturing. He said that 'Made in Ind...