DDIndia Business: Economic Headlines & Updates

Business

August 26, 2024 9:55 AM

India and Singapore discuss expanding economic collaboration

Commerce and Industry Minister, Piyush Goyal, held discussions with key business leaders in Singapore on Sunday to explore opportunities for expanding economic collaboration between the two nations. The talks centered on increasing trade and investme...

August 26, 2024 3:04 AM

Centre approves Unified Pension Scheme: 23 lakh govt employees to benefit from enhanced retirement security

By: Aditya Ahuja The central government on Saturday approved the Unified Pension Scheme (UPS) for its employees, a move anticipated to impact 23 lakh workers by enhancing their financial security and stability post-retirement. Key Features of the U...

August 24, 2024 12:15 PM

India’s foreign exchange reserves rose USD 4.5 billion to reach USD 674.7 billion

India's foreign exchange reserves increased by USD 4.546 billion, reaching USD 674.664 billion, just below their all-time high, during the week ending August 16, according to data released by the Reserve Bank of India (RBI) on Friday. The prev...

August 23, 2024 5:09 PM

Indian stocks settle steady; markets now await Fed chair’s Jackson Hole address

The Indian stock market closed the week on a steady note after a volatile trading session, as investors remained cautious ahead of Federal Reserve Chair Jerome Powell's upcoming speech at the Jackson Hole Economic Policy Symposium. In the final minu...

August 23, 2024 5:00 PM

Mumbai ranks second globally in property price growth: Knight Frank Report

Driven by a surge in demand for residential and luxury properties, Mumbai has ascended to the second spot in the latest Prime Global Cities Index, published by property consultancy firm Knight Frank. The index tracks the prices of prime residential ...

August 23, 2024 8:53 AM

PM Modi’s Ukraine visit is likely to explore deeper ties in different sectors

Prime Minister Narendra Modi is set to visit Kyiv in war-hit Ukraine on Friday after concluding his two-day visit to Poland. This is the first-ever visit by an Indian Prime Minister to Ukraine. The visit came at the invitation of Ukraine President Vo...

August 22, 2024 10:00 PM

RBI to focus on disinflation, food inflation sticky to core, says RBI’s MPC minutes

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting, held from August 6 to 8, was marked by careful deliberation on inflation and growth challenges. The committee decided to keep the policy repo rate unchanged at 6.5%, maintaini...

August 22, 2024 4:27 PM

Sensex, Nifty end higher as banking, metal and realty sectors gain

Indian benchmark indices gained on Thursday, tracking positive sentiment in Asian shares. The U.S. Federal Reserve's latest policy meeting, which signaled a potential rate cut in September, boosted investor confidence. The Sensex rose by 147.89 poin...

August 22, 2024 2:03 PM

TRAI warns citizens of fraudulent calls impersonating telecom regulator

The Telecom Regulatory Authority of India (TRAI) has issued an advisory about a rise in fraudulent calls from scammers impersonating the telecom regulator. These calls, often featuring pre-recorded messages, falsely claim that the recipient’s mobi...

August 22, 2024 9:38 AM

Bangladesh: Government to publish ‘white paper on the state of the economy’

In Bangladesh, the interim government has taken a decision to publish a white paper on the state of the economy in six priority areas, including public finance, inflation, and food management. An economist and a distinguished fellow of the Centre for...