DDIndia Business: Economic Headlines & Updates

Business

November 27, 2024 3:43 PM

Centre completes auction of 9 coal mines, to yield Rs 1,446 crore annual revenue

The Ministry of Coal announced on Wednesday that it has successfully auctioned 9 mines as part of the 10th round of commercial coal mine auctions. These mines are expected to generate an annual revenue of around Rs 1,446 crore (excluding partially e...

November 27, 2024 11:20 AM

Sensex, Nifty open flat amid weak sentiment in Asian markets

India’s benchmark indices opened on a cautious note on Wednesday, reflecting the subdued sentiment in Asian markets. The Nifty rose by 10.30 points to start at 24,204.80, while the Sensex gained 122 points, opening at 80,121.03. In early trade, C...

November 27, 2024 10:01 AM

Trump tariffs would harm all involved, US trade partners say

Officials from Mexico, Canada and China and major industry groups warned that U.S. President-elect Donald Trump's threat of hefty tariffs on goods would harm the economies of all involved, cause inflation to spike and damage job markets. Trump's ple...

November 26, 2024 5:10 PM

Sensex, Nifty end flat after two-day rally

Indian stock markets closed flat on Tuesday, pausing after a strong two-day rally that had boosted indices by nearly 4%. The Sensex ended the session at 80,004.06 points, slipping 105.79 points or 0.13%, while the Nifty settled at 24,194.50 points, ...

November 26, 2024 11:28 AM

Sensex, Nifty rise as realty gains and investor sentiment lift markets

India’s benchmark indices opened higher on Tuesday, driven by buying in the realty sector and positive momentum from the previous two sessions. The Sensex climbed 94.14 points, or 0.12%, to reach 80,203.9, while the Nifty advanced 31.20 points, or...

November 25, 2024 11:17 PM

Cabinet approves ₹7,927 crore multitracking projects to boost rail connectivity

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved three major multitracking projects for Indian Railways at a cost of approximately ₹7,927 crore. The initiative aims to enhance rail connectivity, reduc...

November 25, 2024 10:35 PM

Centre approves ₹3,689 crore investment for two hydroelectric projects in Arunachal Pradesh

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Monday approved an investment of ₹3,689 crore for the construction of two hydroelectric projects in Arunachal Pradesh's Shi Yomi district. Both projects a...

November 25, 2024 8:00 PM

“ICA Global Cooperative Conference will give insights for India’s future cooperative journey”: PM Modi

Prime Minister Narendra Modi on Monday expressed confidence that the ongoing ICA Global Cooperative Conference will provide valuable insights to shape the future of India’s cooperative movement, describing it as a cornerstone of the nation's cultur...

November 25, 2024 6:26 PM

Centre to unveil startups under new National Quantum Mission guidelines

The government is set to announce startups selected for support under the newly-established guidelines as part of the National Quantum Mission. Union Minister of State (Independent Charge) for Science and Technology, Dr. Jitendra Singh, will unveil ...

November 25, 2024 5:18 PM

Inflation to ease, economic growth to accelerate in coming months: Finance Ministry

India's food inflation is likely to ease while the growth outlook for the economy is "cautiously optimistic" for the coming months as the agricultural sector is likely to benefit from favourable monsoon conditions, increased minimum support prices an...