DDIndia Business: Economic Headlines & Updates

Business

July 12, 2024 8:37 AM

India to become a superpower by 2047, says Financial Times’ top commentator Martin Wolf

Martin Wolf, chief economics Commentator of ‘Financial Times’-one of the top English business newspapers of the world, has estimated India to be a superpower by 2047. In a newspaper column, the London-based economist, Wolf said that with four tim...

July 11, 2024 9:32 PM

Jaishankar urges new energy infusion in BIMSTEC to bolster cooperation

As Foreign Ministers from the BIMSTEC member countries gathered in the national capital for a two-day retreat meeting on Thursday to bolster cooperation among Bay of Bengal countries, External Affairs Minister S Jaishankar said that the discussions w...

July 11, 2024 8:12 PM

”India has successfully, swiftly generated new jobs” says Union Minister Piyush Goyal

Union Minister Piyush Goyal on Thursday praised the Indian government's job creation efforts, citing recent data from the Reserve Bank of India (RBI) that indicates substantial employment growth in the 2023-2024 financial year. According to the RBI ...

July 11, 2024 7:35 PM

Pfizer moves forward with once-daily weight-loss pill

Pfizer plans to move a reworked, once-a-day version of its weight-loss pill danuglipron into clinical trials later this year, the company said on Thursday, after scrapping a twice- daily version of the drug late last year. The new drug is part of th...

July 11, 2024 5:46 PM

Sensex, Nifty end flat amid volatile trading

Indian benchmark indices ended flat on Thursday due to subdued market sentiment. Investors were awaiting the first-quarter results of TCS and factoring in the weekly expiry of Nifty futures and options contracts. The NSE Nifty 50 and the BSE Sensex ...

July 11, 2024 4:35 PM

Union Budget 2024: PM Modi meets eminent economists and sectoral experts

In preparation for the Union Budget 2024, Prime Minister Narendra Modi convened a meeting with economists and sectoral experts on Thursday. This meeting, which also saw the participation of Finance Minister Nirmala Sitharaman, was a key step as the ...

July 11, 2024 11:31 AM

Nifty, Sensex open higher; experts suggest ‘buy-on-dips’ strategy

Indian benchmark indices gained in the opening trade on Thursday, tracking Asian markets which soared to record highs as traders hoped US inflation would ease, paving the way for rate cuts by the Federal Reserve in September. The Nifty 50 index open...

July 10, 2024 9:56 PM

Biden, NATO poised to unveil Ukraine aid, reiterate membership pledge at summit

U.S. President Joe Biden and leaders of other NATO member states are poised to unveil new aid and reiterate a membership pledge for Ukraine at a summit in Washington after the U.S. leader vowed to defend Kyiv against Russia's invasion. Biden, 81, wh...

July 10, 2024 8:15 PM

Vienna: PM Modi calls on President of Austria Alexander Van der Bellen

Prime Minister Narendra Modi called on the President of the Republic of Austria, Alexander Van der Bellen, in Vienna on Wednesday. This significant meeting comes as part of PM Modi's day-long state visit to Austria, the first visit by an Indian Prim...

July 10, 2024 7:58 PM

Monsoon causes havoc in Nepal

In Nepal, the monsoon season has brought various challenges and havoc due to the heavy rainfall and flooding. Eighty-three people have so far died in disaster-related incidents, including landslides and floods, triggered by relentless rains across t...