DDIndia Business: Economic Headlines & Updates

Business

December 9, 2024 6:42 PM

Centre’s PLI scheme to boost millet-based products: All you need to know

The Government of India has introduced the Production Linked Incentive Scheme for Millet-Based Products (PLISMBP) to support the use of millets in food products and encourage value addition. This initiative, launched for the period 2022-2027, comes w...

December 9, 2024 2:42 PM

India’s surging FDI inflows surpass $1,000 billion milestone in last 4 years

Foreign Direct Investment (FDI) inflows into India from April 2000 to September 2024 have soared to the $1,033.40 billion mark, reflecting the increasing investment opportunities in the country’s fast-growing economy, according to figures compiled ...

December 9, 2024 1:41 PM

“India has achieved success through Reform, Perform and Transform mantra”: Prime Minister Narendra Modi

Prime Minister Narendra Modi inaugurated and addressed the Rising Rajasthan Global Investment Summit in Jaipur on Monday, marking the beginning of a three-day event (December 9-11) aimed at attracting investment and promoting the state's growth. In ...

December 9, 2024 10:54 AM

Nifty, Sensex open flat as markets pause after last week’s rally

India’s benchmark indices opened flat on Monday, with early trade witnessing heavy selling in the FMCG sector. The Nifty 50 declined 43.90 points, or 0.18 percent, to open at 24,633.90, while the BSE Sensex dropped 106.54 points, or 0.13 percent, ...

December 9, 2024 10:00 AM

PM Modi to inaugurate Rising Rajasthan Global Investment Summit in Jaipur

Prime Minister Narendra Modi will inaugurate the Rising Rajasthan Global Investment Summit 2024 on Monday at the Jaipur Exhibition and Convention Centre (JECC) in Rajasthan. The Rising Rajasthan Global Investment Summit 2024, themed 'Replete, Respon...

December 8, 2024 2:08 PM

A third Mumbai is in making, can make Maharashtra first trillion-dollar economy: CM Fadnavis

Maharashtra Chief Minister Devendra Fadnavis on Saturday described the state as a leading business hub and the driving force behind India’s economy. "We are back, and we are back with a bang," he declared at the CNBC-TV18 India Business Leader Awa...

December 7, 2024 2:20 PM

SBI forecasts India’s GDP growth at 6.3%, lower than RBI’s projection of 6.6% for FY25

The State Bank of India (SBI) has forecast India's GDP growth at 6.3% for FY25, lower than the Reserve Bank of India's (RBI) projection of 6.6%, according to its latest report. The average growth for the first two quarters of FY25 now stands at ...

December 6, 2024 8:43 PM

Cabinet approves Rithala-Narela-Nathupur metro corridor, boosting connectivity in NCR

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Rithala-Narela-Nathupur (Kundli) corridor under Phase-IV of the Delhi Metro project. Spanning 26.463 km, the new corridor aims to significantly enhance connectivity between ...

December 6, 2024 4:29 PM

Indian indices closes flat after RBI MPC decisions

The Indian stock market closed flat on Friday after the announcement of the RBI's Monetary Policy Committee (MPC) decisions on repo and CRR rates, as selling was seen in IT, financial services, and pharma sectors and buying was seen in auto and metal...

December 6, 2024 4:01 PM

Centre gears up to make hallmarking mandatory for gold bullion

The government is preparing to make hallmarking mandatory for gold bullion, a move aimed at ensuring the purity of gold products and protecting consumers from potential quality issues, said Consumer Affairs Secretary Nidhi Khare on Friday. To date, ...