DDIndia Business: Economic Headlines & Updates

Business

August 20, 2024 9:06 PM

India will perform better than competitive markets like China in new energy: Nuvama report

India's potential to become the lowest-cost green ammonia producer is a game-changer in the global energy market. According to a Nuvama report, this advantage is primarily due to India's lower costs in solar photovoltaic (PV) and wind energy, which a...

August 20, 2024 3:41 PM

193 Countries Consortium’s UK Investors Summit 2024 with £120m Projects & God’s Own Country Restaurant Inaugurated in London

The UK Investors Summit round table, organized by 193 Countries Consortium (193CC), a media company and Professional & Corporate Membership organization based in London, successfully concluded at the Home Room of the House of Lords, UK Parliament...

August 20, 2024 11:02 AM

Indian stocks open strong; Experts predict market to push to new all-time highs

Indian benchmark indices opened with gains on Tuesday following the rally in the Asian and US markets. Experts stated that the rally could push markets to new all-time highs. The Nifty 50 index opened with a gain of 76.25 points or 0.31 per cent at ...

August 19, 2024 7:54 PM

Sitharaman asks public sector banks to work on deposit mobilisation

Union Finance Minister Nirmala Sitharaman chaired a meeting on Monday to review the performance of Public Sector Banks (PSBs), focusing on key financial parameters, deposit mobilisation, digital payments, and cyber security frameworks. The meeting al...

August 19, 2024 5:15 PM

Indian stock indices witness a steady start to a new week; Sensex-Nifty largely flat

The Indian stock market started the week on a steady note, with the benchmark indices Sensex and Nifty closing nearly unchanged on Monday. Early trading showed promise, buoyed by the government's reduction of windfall tax on crude oil and positive gl...

August 19, 2024 2:19 PM

Applications open for climate smart agritech cohort under India-Australia RISE accelerator

The Atal Innovation Mission (AIM) has partnered with Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) to invite applications for the Climate Smart Agritech cohort under the India Australia Rapid Innovation and Start-...

August 18, 2024 9:44 AM

FM Nirmala Sitharaman to meet PSU Banks, RRBs heads for performance review on August 19

Union Finance Minister Nirmala Sitharaman is set to convene a crucial review meeting at Vigyan Bhawan on Monday to assess the performance of Public Sector Banks (PSBs) and Regional Rural Banks (RRBs). This meeting aims to evaluate key financia...

August 17, 2024 1:49 PM

PM Narendra Modi lauds DPI’s role in inclusive growth at Voice of Global South Summit

Prime Minister Narendra Modi lauded the transformative impact of Digital Public Infrastructure (DPI) in fostering inclusive development during the inaugural leaders' session of the Voice of Global South Summit 3.0 on Saturday. Describing DPI's role i...

August 16, 2024 5:09 PM

Markets close week on a high note: Sensex soars 1,330 points, Nifty jumps 397 points

Indian stock markets ended the week on a high, with the NSE Nifty 50 and the BSE Sensex recording impressive gains on Friday. The Nifty 50 climbed by 397.40 points, or 1.65%, closing at 24,541.15. Meanwhile, the Sensex saw a robust increase of 1,330...

August 16, 2024 3:24 PM

Foxconn eyes investment in Hyderabad; Chairman Young Liu meets CM Revanth Reddy

Foxconn Chairman Young Liu has expressed a strong interest in investing in Hyderabad, pointing to the city’s growing capabilities in both industrial and service sectors. During a recent meeting in New Delhi with Telangana Chief Minister A Revanth ...