DDIndia Business: Economic Headlines & Updates

Business

October 17, 2023 11:20 AM

Uttarakhand Chief Minister leads mission to UAE, Pitches Investment Opportunities

In a bid to promote investment in the state of Uttarakhand, the Chief Minister, Pushkar Singh Dhami, has embarked on a high-profile mission to the United Arab Emirates as part of the 'Invest in Uttarakhand' campaign. The Chief Minister's visit aims t...

October 17, 2023 11:06 AM

India’s persistent wholesale deflation: Unveiling the causes and implications

In a concerning trend, India has been grappling with wholesale deflation for the past six months. The Wholesale Price Index (WPI) witnessed its sixth consecutive month of contraction in September, with inflation remaining in the negative territory ...

October 17, 2023 9:59 AM

India-Bangladesh trade through Burimari and Hili land ports will remain suspended during Durgapuja

Export and import between India and Bangladesh through Burimari land port of Lalmonirhat district will remain suspended for eight days from October 21 for Durga Puja, the biggest religious festival of the Hindus. Sayeduzzaman Sayed, president of Bur...

October 15, 2023 6:21 PM

Russia ready to provide world with cheap, clean energy: Matvienko in P20 summit

During the second day of the G20 Parliamentary Speakers' Summit (P20), Valentina Matvienko, the Chairwoman of the Federation Council of the Russian Federation, emphasized Russia's commitment to global energy security and its readiness to provide affo...

October 15, 2023 5:59 PM

Dubai Soars as World’s Fastest-Recovering Services Hub in 2023

Dubai, a global economic powerhouse, has proven its mettle as the world's fastest-recovering destination in the services sector, marking an impressive growth rate of 3.2% in the first half of 2023. This achievement has underpinned Dubai's standing as...

October 13, 2023 11:46 AM

Bangladesh won’t join any major global initiative before next polls: Foreign Minister

Bangladesh Foreign Minister Dr AK Abdul Momen has said that his country will not join any major global initiative before the next national election. He made the remarks when a reporter wanted to know whether Bangladesh will join the Regional Compreh...

October 11, 2023 5:27 PM

Cabinet approves digital technology and youth development initiatives

India's Prime Minister has approved two initiatives: one to encourage digital technology collaboration with France, and another to support youth development in India through the 'Mera Yuva Bharat' program. The Indian Ministry of Electronics and Inf...

October 15, 2023 8:53 AM

Claudia Goldin explains why pay gaps exist between men & women, earning her Nobel Prize

This year, the Nobel Economics Prize has been awarded to Claudia Goldin, a professor at Harvard University for having advanced the understanding of women's labor market outcomes. She is the third woman to have received the most prestigious award glob...

October 11, 2023 10:04 AM

Direct Tax collections for FY 2023-24 show a significant increase

India's Direct Tax collections for the fiscal year 2023-24 have witnessed substantial growth during the period up to October 9, 2023, compared to the same period in the previous year. According to provisional figures released by the government, both ...

October 10, 2023 2:29 PM

India, Saudi Arabia decide to promote investment in New & Renewable Energy

India and Saudi Arabia agreed to promote investments in each other’s country in the new and renewable energy sector. On the 2nd day of his visit, Union Power & NRE Minister R.K. Singh held bilateral discussions with Saudi Minister of Investmen...