DDIndia Business: Economic Headlines & Updates

Business

July 30, 2024 9:33 PM

Govt unveils Rs. 1.97 lakh crore PLI schemes to boost manufacturing and exports

The Indian government has reaffirmed its commitment to boosting domestic manufacturing and exports through its Production Linked Incentive (PLI) Schemes. Union Minister of State for Commerce and Industry, Jitin Prasada, provided details on the progre...

July 30, 2024 5:33 PM

Sensex, Nifty close flat as profit-booking continues

Indian stock markets ended flat on Tuesday following a volatile trading session. Investors continued to book profits as the benchmarks hovered near all-time highs. The Sensex gained 99.56 points, or 0.12 percent, closing at 81,455.40, while the Nift...

July 30, 2024 5:22 PM

PM Modi asks India Inc to compete with the government in creating jobs and investments

Prime Minister Narendra Modi on Tuesday addressed leaders of Indian industry at a post-budget conference organized by the Confederation of Indian Industry (CII) in New Delhi. In his speech, PM Modi highlighted the economic achievements of his governm...

July 30, 2024 4:49 PM

India has one of the lowest fuel prices: Petroleum Minister Puri

India enjoys some of the lowest fuel prices in the world, Minister of Petroleum & Natural Gas, Hardeep Singh Puri, said on Monday. Replying to a question in Parliament, Puri highlighted that India is the only country where fuel prices have decrea...

July 30, 2024 12:13 PM

Sensex, Nifty open flat as investors book profits

Indian benchmark indices opened flat on Tuesday as investors continued to book profits after Monday's sharp rally that saw markets touch an all-time high. The Nifty gained 3.30 points, or 0.01 percent, to 24,839.40, while the BSE Sensex fell 6.56 po...

July 30, 2024 10:39 AM

India’s Budget 2024: A Masterclass in Balancing Growth and Fiscal Prudence

India's latest Union Budget has set the stage for a potential economic boom, according to financial experts. At a session organized by the Institute of Chartered Accountants Dubai, industry leaders applauded the government's strategic approach to fos...

July 30, 2024 10:49 AM

Prime Minister Modi to address inaugural session of CII post Budget conference today

Prime Minister Narendra Modi will address the inaugural session of ‘Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference’ at Vigyan Bhawan, New Delhi on 30 July, 2024 at 12 noon. The Conference is being organised by the Confeder...

July 29, 2024 4:51 PM

Sensex and Nifty close flat after record highs

Indian indices closed flat on Monday after both BSE Sensex and the NSE Nifty reached new all-time highs. The BSE Sensex rose by 30.39 points to close at 81,363.11 while the NSE Nifty gained 7.60 points, ending the day at 24,842.45. These gains were...

July 29, 2024 4:48 PM

India’s digital public infrastructure is transforming country’s economic landscape: RBI

India's Digital Public Infrastructure (DPI), known as the India Stack, has emerged as a transformative force in the country's economic landscape, according to the Reserve Bank of India (RBI) report on Currency and Finance 2023-24. Built on principle...

July 29, 2024 4:25 PM

India accounts for nearly half of the global digital payments: RBI report

India accounts for nearly half of the world's digital payments, holding a 48.5 percent share in global real-time payment volumes, according to a report released by the Reserve Bank of India (RBI) on Monday. The report also underscores India's leaders...