DDIndia Business: Economic Headlines & Updates

Business

December 26, 2024 3:43 PM

India’s share in global trade doubled since 2005, comparatively moderated in last 10 years: report

India has doubled its contribution to global trade over the last two decades, marking a significant rise in its share of global exports and imports, according to a report by the National Stock Exchange (NSE). However, the pace of growth has moderated...

December 26, 2024 1:35 PM

Travel boom in India will enable branded hotels log double-digit growth this fiscal and next: Crisil

Branded hotels in India are expected to experience robust double-digit revenue growth this financial year and the next, driven by surging demand outpacing supply, according to a report from Crisil Ratings. The agency projects that revenue for brande...

December 26, 2024 11:36 AM

Indian Rupee to remain in pressure amid weak manufacturing exports; policy rate differential with US: report

The Indian rupee (INR) is expected to come under pressure in 2025 due to a combination of global and domestic challenges, according to a report by Standard Chartered Bank. Key factors identified in the report include slowing foreign direct investmen...

December 26, 2024 10:44 AM

India projected to witness 6.5 per cent real GDP growth in current, next fiscal: report

India is projected to witness 6.5 per cent real GDP growth in the current and next fiscal (FY25 and FY26), according to a report on Wednesday. This aligns with expectations, given the resilient economy and strong fundamentals. The latest 'EY Economy...

December 25, 2024 12:19 PM

NRI remittances surge to record $11.9 billion in April-Oct: RBI

Inflows into in non-resident Indian (NRI) deposit accounts surged to $11.9 billion in April-October during the current financial year, which is nearly twice the corresponding figure of $6.1 billion for the same period last year, the latest figures co...

December 24, 2024 8:07 PM

PM Modi meets economists ahead of Union Budget 2025-26

Prime Minister Narendra Modi held a brainstorming session with economists and sectoral experts on Monday to gather views and suggestions for the Union Budget for 2025-26. The meeting was attended by Finance Minister Nirmala Sitharaman, Niti Aayog Vic...

December 24, 2024 4:18 PM

Indian share market ends flat ahead of christmas

The Indian stock market closed flat on Tuesday, influenced by selling pressure in sectors like IT, financial services, pharmaceuticals, PSU banks, metals, and realty. At the end of the trading day, the Sensex closed at 78,472.87, marking a decline o...

December 24, 2024 4:14 PM

Indian firms record robust fundraising in 2024 equity market

The year 2024 witnessed Indian companies achieving a new milestone in capital markets by raising substantial funds through various avenues, including initial public offerings (IPOs), follow-on public offers (FPOs), qualified institutional placements ...

December 24, 2024 1:44 PM

India, ADB sign USD 500 million loan to support green, sustainable infrastructure projects

India and the Asian Development Bank (ADB) signed a USD 500 million loan to support green and sustainable infrastructure projects aligned with the country's climate commitments. The agreement was signed on December 20, and the ADB loan, with a sover...