DDIndia Business: Economic Headlines & Updates

Business

September 30, 2023 7:20 PM

India’s G20 leadership: Paving the way for Multilateral Development Banks reform

The G20 Summit and the New Delhi Declaration emphasised the need for reform in multilateral development banks (MDBs). At the G20 Summit, on September 10, World Bank President Ajay Banga highlighted the potential of this declaration and said that the ...

September 10, 2023 3:19 PM

India’s vision for a unified global future: PM’s statement at G20 summit session 3

In a historic address at the G-20 summit, Indian leadership articulated a compelling vision for a future that transcends boundaries, promoting unity and cooperation on a global scale. The speech emphasized the need for a shift from GDP-centric approa...

September 9, 2023 12:25 PM

Nirmala Sitharaman hosts dinner for G20 Finance Ministers ahead of leaders’ summit in Delhi

Union Finance Minister Nirmala Sitharaman hosted a dinner for Finance Ministers of the G20 countries and the heads of international organisations on Friday ahead of the leaders’ summit in Delhi. Notable attendees included Internal Monetary Fund (I...

September 9, 2023 12:25 PM

India’s role in conjunction with G20 critical for path to COP28, says Majid Al-Suwaidi

In the lead-up to the much-anticipated COP28 and the ongoing G20 summit, global leaders are turning their attention to India's vital role in advancing climate action and the ambitious commitments they hope to see from the nation. Majid Al-Suwaidi, th...

September 9, 2023 9:13 AM

Digital Payment Infrastructure, one of key takeaways of India’s G20 Presidency: Sherpa Amitabh Kant

One of the key takeaways of India's G20 presidency is the revolutionization of Digital Payment Infrastructure, as very few people knew about it initially, but it has been taken forward extensively, G20 Sherpa Amitabh Kant said during a pre-summit bri...

September 8, 2023 1:54 PM

UAE & India forge strong alliance as G20 and COP28 leaders pave the way for a sustainable global agenda

As the respective chairs of the G20 Summit in New Delhi and COP28, the UN Climate Conference in Dubai this year, India and the UAE are harnessing their collective strengths to shape the agenda for a new global order, says Indian Ambassador to the UAE...

September 8, 2023 12:06 PM

Airbus & Gati Shakti Vishwavidyalaya sign MoU to develop skilled workforce in India

Indian Railways’ Gati Shakti Vishwavidyalaya (GSV) Vadodara and Airbus have signed a Memorandum of Understanding (MoU) to significantly strengthen the Indian aviation sector. The MoU was signed on September 7 in the presence of Minister of Raiways...

September 8, 2023 11:02 AM

G20 Summit: Union Ministers of State allocated duties to greet foreign delegates

The national capital has been splendidly adorned to extend a warm welcome to foreign dignitaries attending the G20 summit. The Central government has allocated specific responsibilities to various Union Ministers of State for receiving these dignitar...

September 6, 2023 5:31 PM

Tata in talks with Haldiram’s to buy 51% stake

Tata Group's consumer division is currently in talks to acquire a controlling stake of at least 51 per cent in the renowned Indian snack food manufacturer, Haldiram's. However, as per reports, Tata is apprehensive about the requested $10 billion valu...

September 6, 2023 11:36 AM

RBI committed to bring down inflation to 4%; watchful of price risks: Governer Das

Reserve Bank Governor Shaktikanta Das, in a statement on Tuesday, reiterated the central bank's commitment to bringing down the inflation rate to 4 percent. He also emphasized the need to remain vigilant of risks as frequent global supply shocks can ...