DDIndia Business: Economic Headlines & Updates

Business

June 5, 2024 12:51 PM

In heated debate, Britain’s Sunak, Starmer go head-to-head on the economy

Prime Minister Rishi Sunak and Labour challenger Keir Starmer went head-to-head on Tuesday over how to boost Britain's economy, with the PM accusing the opposition party of wanting to increase taxes if it wins power at a July 4 election. Both Sunak,...

June 5, 2024 11:36 AM

India Makes Grand Impression at INDEX Dubai 2024

The 31st edition of INDEX Dubai, a leading international exhibition for interior design, kicked off at the Dubai World Trade Center. The India Pavilion, a highlight of the event, showcases a diverse range of products from Indian companies specializ...

June 5, 2024 10:23 AM

Sensex, Nifty rebound in early trade after posting worst losses in four years

Indian benchmark indices opened slightly positive on Wednesday after their worst performance in over four years in the previous session. The BJP's victory in the recent general elections, marking their third consecutive term, buoyed the markets. The...

June 5, 2024 9:54 AM

Asian stocks rise on rate-cut wagers; spotlight on India

Asian stocks rose on Wednesday, while the dollar was steady as a softening U.S. labour market firmed up bets of an interest rate cut in September from the Federal Reserve ahead of a crucial payrolls report this week. Investor worries of a cooling U....

June 4, 2024 5:10 PM

Sensex, Nifty plunge as BJP’s likely weaker win leads to policy worries

Indian stocks suffered their worst intraday fallsince March 2020 on Tuesday, as vote counting trends in the general election suggested Prime Minister Narendra Modi's alliance was unlikely to win the overwhelming majority predicted by exit polls. Wit...

June 4, 2024 9:56 AM

Sensex, Nifty fall 2% as Lok Sabha vote counting begins

The BSE Sensex and Nifty fell on Tuesday after a sharp rally in the previous session as early vote-counting trends showed the Bharatiya Janata Party-led NDA alliance leading in over 272 seats, but the extent of the victory was unclear. The Nifty 50 ...

June 4, 2024 8:04 AM

FSSAI issues directive mandating all FBOs to remove any claim of 100% fruit juices from labels

The Food Safety and Standards Authority of India (FSSAI) has issued a directive mandating all Food Business Operators (FBOs) to remove any claim of 100 percent fruit juices from the labels and advertisements of reconstituted fruit juices with an imme...

June 3, 2024 5:16 PM

Sensex, Nifty close at record highs as exit polls predict big win for NDA

Indian benchmark indices closed at record highs on Monday, driven by fresh buying from investors after exit polls indicated a comfortable majority for the NDA government. The Nifty 50 index jumped by 733.20 points, ending at 23,263.90, while the BSE...

June 3, 2024 4:30 PM

OPEC+ extends oil output cuts into 2025

OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival U.S. production. Brent crude oil prices have been trading near ...