DDIndia Business: Economic Headlines & Updates

Business

June 10, 2024 3:47 PM

Euro and French markets roiled by shock Macron election call

The euro tumbled, while French bonds and stocks were hit hard on Monday, following French President Emmanuel Macron's decision to call a snap parliamentary election after being trounced in a European Union vote by the far right. The euro fell 0.5%...

June 10, 2024 1:28 PM

On first day in office as Prime Minister for the third time, PM Modi signs file on Kisan Welfare

Prime Minister Narendra Modi commenced his historic third consecutive term on Monday by authorizing the release of the 17th installment of the PM-KISAN scheme, which aims to benefit 9.3 crore farmers with a disbursement of around Rs 20,000 crores. A...

June 10, 2024 10:19 AM

Market salutes PM Modi’s third term: Sensex-Nifty open at all-time high

Indian stock indices continued their uptrend from the past week and opened at fresh record highs at the opening bell on Monday, a day after Prime Minister Narendra Modi and his Union Council of Ministers took oath to office. A smooth transition in th...

June 10, 2024 8:45 AM

Bangladesh keen to import hydroelectricity from Bhutan through India: Sheikh Hasina

Bangladesh Prime Minister Sheikh Hasina on Sunday reiterated her country's eagerness to import hydro-electricity from Bhutan through India when Bhutanese Prime Minister Dasho Tshering Tobgay met her in New Delhi. The Prime Minister of Bangladesh and...

June 9, 2024 12:53 PM

Selling by FPIs contributing to the volatility in Indian markets

Despite continues selling by pressure by Foreign Portfolio Investors, Indian markets at all-time high. The BSE Sensex touched an all-time high on Friday, while the Nifty 50 index closed positively at 23,267.75, marking a gain of 446.35 points or...

June 8, 2024 3:11 PM

India’s stable policies continue to facilitate business environment: PM replied to Elon Musk

Prime Minister, Narendra Modi thanked Elon Musk, the CEO of Tesla and SpaceX for congratulating him on his electoral victory in the 2024 Lok Sabha elections. PM Modi replied to Musk in a post on social media platform X (formerly Twitter) saying...

June 7, 2024 7:13 PM

Pakistani PM Sharif meets China’s Xi in Beijing ahead of IMF talks

China's President Xi Jinping met Pakistani Prime Minister Shehbaz Sharif in Beijing on Friday (June 7), Chinese state media reported, days before Pakistan presents its annual budget and applies for a new International Monetary Fund (IMF) loan. Pakis...

June 7, 2024 5:02 PM

China strongly opposes U.S. arms sales to Taiwan, urges withdrawal

China is strongly opposed to U.S. arms sales to Taiwan and urges Washington to withdraw them immediately, the defence ministry said on Friday. The ministry said it had lodged a complaint to the United States over the matter. "(China's military) wil...

June 7, 2024 4:36 PM

Sensex, Nifty end at record highs, erasing election-day losses

Indian stock markets surged for the third consecutive session on Friday, ending at record levels and erasing losses suffered on election day when the BJP lost its majority in the lower house of Parliament, securing far fewer seats than exit polls had...

June 7, 2024 4:30 PM

Dubai Conclave Unveils Major Advancements in India-UAE Digital Payments

By: Vinod Kumar In an effort to enhance economic collaboration and facilitate seamless cross-border transactions, the Indian Business and Professional Council (IBPC) in Dubai, along with representatives from the National Payments Corporation of In...