DDIndia Business: Economic Headlines & Updates

Business

September 18, 2023 2:59 PM

FOREX-Dollar hovers near six-month high before key central bank decisions

The US dollar is currently at a six-month high as traders anticipate interest rate decisions from the Federal Reserve, the Bank of England, and the Bank of Japan this week. The euro is roughly level against the dollar at $1.0658, while the Japanese y...

September 17, 2023 12:01 PM

Minister Goyal highlights importance of India – Middle East – Europe Economic Corridor for Spice Industry

On September 16, Union Minister Piyush Goyal highlighted the importance that the recently launched India-Middle East-Europe Economic Corridor brings to India’s spices industry. The Minister was addressing the 14th World Spice Congress being held at...

September 15, 2023 4:16 PM

President emphasizes holistic approach to transportation in meeting with Indian Railways Probationers

A group of 213 probationers from the Indian Railways, representing batches from 2019, 2020, and 2021, had the honour of meeting with the President of India, Droupadi Murmu, at the Rashtrapati Bhavan Cultural Centre on September 15, 2023. During this ...

September 14, 2023 2:25 PM

Cabinet resolution on the success of the New Delhi G20 Summit

The Union Cabinet in its meeting today passed a resolution hailing the success of the New Delhi G20 Summit, held on 9-10 September 2023. The Cabinet lauded the vision of PM Modi in setting out various aspects of the theme ‘One Earth, One Family, O...

September 13, 2023 9:45 AM

Consensus reached by GCC countries to ratify Kigali Amendment to the Montreal Protocol

GCC ministers responsible for climate and environment affairs reached a consensus on the Kigali Amendment to the Montreal Protocol on Substances that deplete the Ozone Layer, during their 25th meeting in the Sultanate of Oman. The consensus includes...

September 12, 2023 9:52 AM

Indian Startup Delegation at India Mission in Dubai to strengthen collaboration with UAE

The Consulate General of India in Dubai welcomed a delegation of 15 Indian startups in a bid to foster collaboration and innovation between Indian and UAE entrepreneurial ventures. This delegation, organized by Carve Startup Labs, served as a catalys...

September 12, 2023 9:35 AM

India’s diplomatic endeavours at G20: Strengthening global partnerships

The G20 Summit in New Delhi served as a platform for Indian Prime Minister Narendra Modi to engage in a series of bilateral meetings with world leaders, reinforcing diplomatic ties and discussing key areas of cooperation. These meetings showcased Ind...

September 11, 2023 5:20 PM

Eurozone faces economic challenges as germany enters recession

The European Commission has issued a revised economic forecast, painting a less optimistic picture for the Eurozone's growth prospects. High inflation and Germany's entry into recession this year have contributed to the region's economic woes, leadin...

September 11, 2023 3:25 PM

India’s clean energy push at G20 is a historic initiative

The launch of a global biofuel alliance at a recently concluded and very successful G20 summit in New Delhi, is a great step towards energy transition. Aimed at boosting the use of cleaner fuels, this global alliance on ethanol has the potential to e...

September 11, 2023 9:41 AM

G20: Distance between India-Europe will be reduced by thousands of km: Ashwini Vaishnaw

Numerous crucial talks took place during the G20 conference, during which many key agreements were reached. Using the telecom sector as an example, equipment design and production received attention in America, resulting in increasing exports. Union ...