DDIndia Business: Economic Headlines & Updates

Business

September 4, 2024 5:07 PM

PM Modi inaugurates new Chancery of High Commission of India in Brunei

Prime Minister Narendra Modi's landmark visit to Brunei marks a significant milestone in the 40-year-old diplomatic relationship between the two nations. The visit is a testament to the growing friendship and cooperation between India and Brunei. Du...

September 3, 2024 5:17 PM

Sensex, Nifty end flat as investors await U.S. economic data

India’s benchmark indices ended flat on Tuesday, following record highs in the previous session. Investors are awaiting the U.S. ISM manufacturing survey due later in the day and jobs data on Friday, which are expected to influence the U.S. Federal...

September 3, 2024 5:08 PM

PM Modi’s visit to elevate India-Singapore ties: Indian envoy

Prime Minister Narendra Modi's upcoming visit to Singapore is expected to usher in a new era of bilateral relations, according to Indian High Commissioner to Singapore, Shilpak Ambule. Ambule emphasized the significance of the visit, occurring early...

September 3, 2024 4:36 PM

World Bank raises India’s growth forecast to 7% from 6.6% for FY25

The World Bank has raised its growth forecast for India to 7% for the fiscal year 2024-2025, up from its previous estimate of 6.6%, according to the latest India Development Update (IDU) released on Tuesday. This revision highlights India's economic ...

September 3, 2024 10:46 AM

PM Modi embarks on three-day visit to Brunei, Singapore, expresses confidence in advancing partnerships

Stating that both Brunei and Singapore are important partners in India's Act East Policy and the Indo-Pacific Vision, Prime Minister Narendra Modi affirmed confidence that his visits to the two nations will further strengthen New Delhi's partnership ...

September 2, 2024 10:24 PM

Cabinet clears 309 km rail link between Indore and Manmad; approves seven new agricultural scheme

The Cabinet Committee on Economic Affairs (CCEA) has approved a major railway project to construct a 309 km long rail line connecting Indore and Manmad. With an estimated budget of Rs. 18,036 crore, this project will significantly enhance connectivit...

September 2, 2024 10:13 PM

India’s economic growth hinges on policy autonomy and effective capital management: CEA V Anantha Nageswaran

India's Chief Economic Advisor, V Anantha Nageswaran, underscored the importance of maintaining policy autonomy and managing global capital flows effectively to safeguard the country’s economic growth. Speaking at the inaugural session of the Confe...

September 2, 2024 5:31 PM

Maritime security to feature in talks with Singapore, says MEA ahead of PM Modi’s visit

Ahead of Prime Minister Narendra Modi's upcoming visit to Singapore, the Ministry of External Affairs (MEA) has said that discussions on maritime security will be a key agenda item during the talks with Singaporean leadership. "On maritime security ...

September 2, 2024 5:22 PM

Sensex and Nifty close higher, boosted by IT stocks

India's benchmark indices ended Monday on a positive note, buoyed by gains in IT, FMCG, and banking stocks. Investors remained optimistic about a potential rate cut by the U.S. Federal Reserve. The Sensex rose 194.07 points, or 0.24 percent, to sett...

September 2, 2024 1:26 PM

Apple set for music, TV streaming fight in India after Airtel deal

Apple's partnership with India's second-biggest telecoms firm will give the iPhone maker a sorely needed boost in a content market where it lags far behind the likes of Spotify and Walt Disney. The U.S. technology giant, working to boost revenue glo...