DDIndia Business: Economic Headlines & Updates

Business

January 6, 2025 11:16 AM

Sensex rises, Nifty crosses 24,000 in early trade

The Indian stock market opened higher on Monday, with buying observed in the IT and auto sectors. At around 9:32 AM, the Sensex was trading at 79,470.61, rising 247.50 points or 0.31 per cent, while the Nifty was trading at 24,065, gaining 60.25 poi...

January 5, 2025 5:44 PM

India’s demand for petroleum products expected to rise by 4%: report

India’s demand for petroleum products, including petrol, diesel, and LPG, is projected to increase by 3-4% in the current financial year ending March 31, 2025, according to a report by Fitch Ratings. The growth is attributed to rising consumer dem...

January 5, 2025 5:40 PM

CII pushes for employment policies, labour reforms, and boosting women workforce in Union Budget 2025-26

The Confederation of Indian Industry (CII) has urged the government to prioritize employment generation, implementation of labour reforms, and increased participation of women in the workforce in the upcoming Union Budget 2025-26, set to be presented...

January 5, 2025 3:37 PM

PM Modi interacts with schoolchildren during Namo Bharat train inauguration ride

Prime Minister Narendra Modi on Sunday inaugurated a new stretch of the Namo Bharat Corridor, taking a memorable ride aboard the high-speed train and engaging with schoolchildren along the way. The journey, which began at Sahibabad RRTS station and e...

January 4, 2025 6:03 PM

Indian coal sector clocks record production, dispatch growth in 2024

Coal production reached an all-time high of 1,039.59 million tonnes (provisional) in 2024, marking a significant 7.28 per cent growth compared to the previous year’s total of 969.07 MT, the government said on Saturday. Similarly, coal dispatches a...

January 3, 2025 5:13 PM

Indian stock market leads global IPO boom in 2024, NSE raises record $19.5 billion

The Indian stock market witnessed an initial public offering (IPO) boom in 2024 as compared to any other global stock exchange, with the National Stock Exchange's (NSE) Rs 1.67 lakh crore ($19.5 billion) capital raised through them becoming the highe...

January 3, 2025 4:36 PM

Indian stock market declines as cautious sentiment prevails

After a strong start to the New Year, the Indian stock market stumbled on Friday, weighed down by losses in key sectors like IT, financial services, and pharmaceuticals. Weak global cues added to investor unease, halting the recent upward momentum. ...

January 3, 2025 10:44 AM

Nifty, Sensex open flat as Asian shares rally; experts cautious on FII momentum

India’s benchmark indices started Friday on a muted note, despite a rally in broader Asian markets. The Nifty gained 7.75 points, or 0.03 percent, opening at 24,196.40, while the Sensex rose by 129.28 points, or 0.16 percent, to open at 80,072.99....

January 2, 2025 7:21 PM

Sitharaman engages stakeholders in pre-budget consultations for 2025

Finance Minister Nirmala Sitharaman met key stakeholders from the financial sector and capital markets on Thursday as part of her pre-budget consultations for the Union Budget 2025-26. The meeting was attended by senior officials, including the Finan...

January 2, 2025 5:23 PM

Govt unveils Rs 1 lakh crore plan to transform Delhi’s infrastructure, reduce pollution: Gadkari

The Union government is set to implement infrastructure projects worth Rs 1 lakh crore to transform Delhi, Union Minister for Road Transport and Highways Nitin Gadkari announced on Thursday. Gadkari said, "I promise you that works worth Rs 1 lakh cr...