DDIndia Business: Economic Headlines & Updates

Business

October 21, 2024 4:26 PM

UDAN: Celebrating 8 years of affordable air travel for common folks

In a country where the sky often symbolizes hope and aspiration, the dream of flying has remained an elusive luxury for many. This dream began to take shape with the launch of the Regional Connectivity Scheme (RCS) – UDAN, or “Ude Desh ka Aam Nag...

October 21, 2024 11:50 AM

Indian stock markets start week strong: Nifty and Sensex rally

Indian stock markets started the fresh week with gains as both the indices, Nifty and Sensex, surged on Monday. The Nifty 50 index opened at 24,956.15 points, climbing 0.41% or 102.10 points. Meanwhile, the BSE Sensex surged by 545 points, or 0.67%,...

October 21, 2024 9:07 AM

Finance Minister Nirmala Sitharaman lands in US after concluding Mexico visit

Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, arrived in the United States and received a warm welcome at Newark Liberty International Airport on Sunday (local time). India's Ambassador to the United States, Vinay Mohan Kwatra...

October 20, 2024 5:57 PM

PM Modi inaugurates RJ Sankara Eye hospital in Varanasi

Prime Minister Narendra Modi on Sunday inaugurated the RJ Sankara Eye Hospital in his parliamentary constituency of Varanasi. He was accompanied by Uttar Pradesh Chief Minister Yogi Adityanath. The Hospital will offer comprehensive consultatio...

October 19, 2024 10:00 AM

Nirmala Sitharaman invites Mexican investors to explore opportunities in India’s GIFT-IFSC and Global In-House Capability Centers

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, on Saturday invited Mexican investors to explore opportunities in India's Global In-House Capability Centers (GICCs), aircraft leasing, ship leasing, and even foreign university se...

October 18, 2024 11:35 PM

Meta must face Massachusetts social media addiction lawsuit, judge rules

A Massachusetts judge rejected Meta Platforms' bid to dismiss a lawsuit by the state alleging the social media company purposely deployed features on its Instagram platform to addict young users and deceived the public about the dangers its product p...

October 18, 2024 11:05 PM

PM Modi to visit Varanasi on Oct 20, lay foundation for 23 projects worth ₹1,300 crore

Prime Minister Narendra Modi will visit Varanasi, his parliamentary constituency, on October 20 to lay the foundation stone for 23 development projects worth ₹1,300 crore. Preparations are in full swing in Varanasi ahead of the Prime Minister’s ...

October 18, 2024 9:07 PM

BRICS countries drive global economic growth, exceed GDP of G7 nations: Putin

Russian President Vladimir Putin highlighted the rising economic influence of BRICS nations, saying that their combined GDP now exceeds $60 trillion, surpassing that of the G7 countries. Speaking at the BRICS Business Forum in Moscow on Friday, Putin...

October 18, 2024 9:02 PM

GoM to propose lower GST on insurance premiums and adjust tax slabs

The Group of Ministers (GoM) set up to suggest changes in GST rates will meet on Saturday, October 19, to discuss the rationalization of taxes, particularly on health and life insurance premiums. The meeting will also explore proposals to modify exis...

October 18, 2024 3:40 PM

PM Modi set to attend BRICS summit in Kazan, Russia next week

Prime Minister Narendra Modi will visit Russia from October 22-23 to attend the 16th BRICS Summit in Kazan, following an invitation from Russian President Vladimir Putin. The summit, held under Russia's chairmanship, aims to address pressing global ...