DDIndia Business: Economic Headlines & Updates

Business

September 12, 2024 10:59 AM

India leads in crypto adoption for second straight year, report shows

India led the way in global adoption of cryptocurrencies for the second straight year as investors braved the country's tough regulatory stance and steep trading taxes, a report from blockchain analytics company Chainalysis showed on Wednesday. The ...

September 12, 2024 10:33 AM

Sensex, Nifty surge as global markets rebound

Indian stock markets opened on a positive note Thursday, riding the wave of a global market rally triggered by easing inflation in the United States. The benchmark Nifty 50 index surged 0.57% or 141.20 points to 25,059.65, while the BSE Sensex climb...

September 11, 2024 5:20 PM

Piyush Goyal launches Trade Connect e-platform to support exporters

In a bid to support Indian exporters, MSMEs, and entrepreneurs, Commerce and Industry Minister Piyush Goyal on Wednesday launched the Trade Connect e-platform. The platform is designed to facilitate connections between Indian businesses and key stak...

September 11, 2024 4:53 PM

Sensex, Nifty decline on profit booking

India's benchmark indices closed lower on Wednesday, weighed down by profit booking and broad declines across key sectors such as media, metals, PSU banks, real estate, and oil and gas. The Sensex fell 398.13 points, or 0.49%, to 81,523.16, while th...

September 11, 2024 3:51 PM

India to soon launch expanded semiconductor program Semicon 2.0: Ashwini Vaishnaw

The Indian government will soon unveil the Semicon 2.0 program, an expanded version of the current initiative aimed at boosting the country’s semiconductor ecosystem, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said o...

September 11, 2024 3:39 PM

Iranian president visits Iraq on his first foreign trip

Iranian President Masoud Pezeshkian visited Iraq on Wednesday on his first foreign trip, signalling the clerical establishment's intention to strengthen ties with a strategic ally of both Tehran and Washington as regional tensions rise. Pezeshkian, ...

September 11, 2024 3:21 PM

When the chips are down, you can bet on India, says PM Modi at SEMICON India 2024 inauguration

Prime Minister Narendra Modi inaugurated SEMICON India 2024 at the India Expo Mart in Greater Noida, Uttar Pradesh on Wednesday. The three-day conference, running from September 11 to 13, aims to showcase India's ambitious semiconductor strategy and ...

September 11, 2024 9:25 AM

CEOs hail Modi govt’s effort for semiconductor ecosystem, terming it ‘Never-before-seen level of efforts’

The Semiconductor Executives, after meeting Prime Minister Narendra Modi, hailed the government's efforts for showing unprecedented enthusiasm for the development of the semiconductor ecosystem, saying that it is a "never-before-seen level of industr...

September 11, 2024 10:07 AM

Kamala Harris and Donald Trump clash in fiery presidential debate

Former US President Donald Trump and Vice President Kamala Harris squared up in the first Presidential Debate in Philadelphia on ABC News. Kicking off the debate, Trump took on the Biden-Harris administration saying that inflation in the US is probab...

September 10, 2024 5:08 PM

Italy oyster farmers dream of pearls from warming Mediterranean

Pearls may soon be cultivated in European seas for the first time ever, as Italian oyster farmers seek to exploit an unexpected opportunity offered by the rapidly warming Mediterranean. In late 2023, the first specimens of Pinctada radiata, a pearl ...