DDIndia Business: Economic Headlines & Updates

Business

February 15, 2024 10:15 AM

Recession in Japan forces it lose third largest economy tag to Germany

Japan's economy has contracted unexpectedly, pushing the country into recession and causing it to lose its position as the world's third largest economy to Germany. Gross domestic product shrank at an annualized pace of 0.4 per cent in the last three...

February 15, 2024 10:46 AM

PM Modi holds talks with Qatari counterpart, discusses expansion of trade, investment, energy, and finance

Prime Minister Narendra Modi, who arrived in Doha, Qatar's capital, on Wednesday night, held talks with his counterpart, Sheikh Mohammed bin Abdulrahman Al Thani, aimed at enhancing the relationship between New Delhi and Doha. Following the meeting,...

February 14, 2024 4:34 PM

India & UAE deepen ties with Virtual Foundation Stone laying of Bharat Mart at Dubai

Today, Prime Minister Narendra Modi and Sheikh Mohamed bin Rashid Al Maktoum, Vice President, Prime Minister, and the Ruler of Dubai came together to lay the foundation stone of Bharat Mart, situated within the Jebel Ali Free Trade Zone in Dubai. Bha...

February 14, 2024 2:51 PM

PM Modi strengthens bilateral ties with UAE, key agreements signed during official visit

Prime Minister Narendra Modi on Tuesday engaged in extensive discussions with UAE President Sheikh Mohammed bin Zayed Al Nahyan, aimed at strengthening bilateral ties between the two nations. PM Modi is presently on a three-day visit to the UAE and Q...

February 14, 2024 10:16 AM

UAE takes flight with Open-Source AI – Falcon Foundation launched

In a major boost for open-source artificial intelligence, the United Arab Emirates has launched the Falcon Foundation, a non-profit organization dedicated to advancing open-source generative AI models. This 300-million-dollar initiative, spearheaded ...

February 13, 2024 9:32 AM

Prime Minister Modi’s two-day visit to UAE, will inaugurate the first Hindu temple in Abu Dhabi

Prime Minister Narendra Modi’s two-day visit to the United Arab Emirates (UAE) beginning today, marks the beginning of a new era in the relations of the two countries. During the visit, Modi will hold a bilateral meeting with the President of the U...

February 12, 2024 9:11 AM

PM Narendra Modi to inaugurate the first Hindu temple in Abu Dhabi during his two-day visit starting Feb 13

Prime Minister Narendra Modi will be on a two-day official visit to the United Arab Emirates UAE from tomorrow (February 13). During the visit, PM Modi will hold bilateral meetings with President of the UAE Sheikh Mohamed bin Zayed Al Nahyan. The tw...

February 12, 2024 9:01 AM

India’s UPI services set to launch in Sri Lanka and Mauritius on Feb 12

By: Aditya Ahuja In a landmark development, India’s Unified Payments Interface (UPI) technology is set to be launched in Sri Lanka and Mauritius on February 12. Prime Minister Narendra Modi, alongside the President of Sri Lanka, H.E Ranil Wickr...

February 10, 2024 12:55 PM

Understanding the Sovereign Gold Bond Scheme 2023-24 (Series IV)

The Ministry of Finance, in collaboration with the Reserve Bank of India (RBI), is set to launch the Sovereign Gold Bond Scheme 2023-24 (Series IV), which will be open for subscription from February 12th to February 16th, 2024. This scheme allows inv...

February 9, 2024 2:14 PM

Former PMs PV Narasimha Rao & Chaudhary Charan Singh, and MS Swaminathan to be conferred Bharat Ratna

Former Prime Minister and veteran leader of Congress P V Narasimha Rao, former Prime Minister of the country, Chaudhary Charan Singh and agricultural scientist Dr. MS Swaminathan will be conferred with the country's highest civilian award Bharat Ratn...