DDIndia Business: Economic Headlines & Updates

Business

January 25, 2025 11:05 AM

WEF 2025: India grabs investment commitments worth over Rs 20 lakh crore

In a clear show of its economic strength amid geo-political uncertainties, India bagged investment commitments worth more than Rs 20 lakh crore at the annual World Economic Forum (WEF) summit in Davos this week. Maharashtra managed to get the bigges...

January 24, 2025 5:08 PM

Large Indian NBFIs poised to outperform amid economic and regulatory challenges: Fitch Ratings

India's large non-bank financial institutions (NBFIs) are better positioned to weather economic and regulatory challenges compared to their smaller counterparts, according to Fitch Ratings. While softer economic conditions, tighter bank funding, and...

January 24, 2025 4:45 PM

Sensex, Nifty record weekly losses amid uncertain outlook

Indian stock markets declined during Friday's session, recording weekly losses across multiple sectors. Data from NSE revealed declines in sectors including auto, media, pharma, PSU banks, realty, healthcare, oil, and gas. The Sensex ended the day a...

January 24, 2025 4:38 PM

NPAs of Indian banks likely to decline by another 0.4 per cent by March: Fitch

The gross non-performing assets (NPAs) ratio of Indian banks may decline by another 0.4 per cent to 2.4 per cent by March 2025 followed by a further 0.2 per cent dip in the next financial year, according to rating agency Fitch. Although the stress i...

January 24, 2025 2:21 PM

Bangladesh grappling with skyrocketing interest payments

Bangladesh's economy is grappling with skyrocketing interest payments, which eat up more than half of government revenue expenses during the first four months of the current fiscal year 2024–25, according to data from the Ministry of Finance of Ban...

January 24, 2025 10:43 AM

Nifty, Sensex open flat amid selling pressure; key global developments in focus

Indian stock markets opened on a subdued note on Friday, facing selling pressure as both benchmark indices started the day in the red. The Nifty 50 index began trading at 23,183.90, down by 21.45 points or 0.09 per cent. Similarly, the BSE Sensex op...

January 23, 2025 10:27 PM

Roadshow conducted in Dubai for Bharat Calling Conference

The IMC Chamber of Commerce and Industry conducted an International roadshow in Dubai on January 23rd, previewing the upcoming Bharat Calling Conference scheduled for February 27th, 2025, at Mumbai's Jio World Convention Centre. With an expected att...

January 23, 2025 9:46 PM

Startups to Scale Up: UAE Summit Showcases India’s Innovation and Global Ambitions

The Indian People Forum’s Business and Professional Council hosted the Innovator and Investor Summit at Dubai, spotlighting three startups whose innovations celebrate India’s emerging role as a global hub of innovation and entrepreneurship. The ...

January 23, 2025 5:02 PM

CCPA issues notices to Ola, Uber over differential pricing; Apple also under scrutiny

The Central Consumer Protection Authority (CCPA) has issued notices to cab aggregators Ola and Uber over alleged discrepancies in pricing based on the type of smartphone used by consumers, Union Minister of Consumer Affairs, Pralhad Joshi, said on Tu...

January 23, 2025 4:50 PM

Sensex, Nifty close higher as midcap and smallcap stocks surge

Stock markets closed with marginal gains on Thursday after a day of fluctuating performance. The Sensex rose 156.70 points to close at 76,561.69, while the Nifty advanced 60.90 points to end at 23,216.25. The indices began the session on a negative ...

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