DDIndia Business: Economic Headlines & Updates

Business

May 9, 2024 10:46 AM

Air India Express terminates 25 cabin crew members following mass sick leave

Air India Express has terminated at least 25 cabin crew members, a day after hundreds of employees went on sick leave, causing disruptions to flight operations. According to sources, the management made the decision to terminate cabin crew members w...

May 9, 2024 9:21 AM

FM Sitharaman holds telephonic conversation with US Treasury Secretary, discusses G20 priorities

Union Finance Minister Nirmala Sitharaman spoke to US Treasury Secretary Janet Yellen over the telephone on Wednesday. Earlier, both leaders met on the sidelines of the G20 Summit, which was hosted in the national capital under India's presidency ove...

May 8, 2024 4:46 PM

Illicit trade costs Pakistan over PKR 700 bn annually: Report

A report released by a prominent international research organisation reveals that Pakistan faces an enormous annual loss exceeding PKR 700 billion due to illicit trade activities, as reported by ARY News. The report, unveiled on Monday by Geoffrey H...

May 8, 2024 4:38 PM

Biden to unveil $3.3 billion Microsoft AI investment in battleground Wisconsin

President Joe Biden will visit the political battleground state of Wisconsin on Wednesday to announce plans by Microsoft Corp to build a $3.3 billion high-tech data center that will create thousands of jobs, the White House said. The Microsoft facil...

May 8, 2024 11:37 AM

BSE Sensex Slips 390 Points, Nifty50 Near 22,200

Today, the Indian equity benchmark indices, BSE Sensex and Nifty50, opened in the red, indicating a cautious start to the trading session on Wednesday. While the BSE Sensex experienced a decline of around 300 points, the Nifty50 hovered near the 22,2...

May 8, 2024 10:20 AM

Apple unveils thinnest iPad Pro powered by M4 chip

Apple CEO Tim Cook took to his official social media handle on X to reveal the latest addition to the tech giant's product lineup--the all-new iPad Pro. Cook's post generated a wave of anticipation among Apple enthusiasts and tech fans alike. https:...

May 7, 2024 5:51 PM

MEDITECH STACKATHON launched to boost India’s MedTech industry

The Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers today kicked off the MEDITECH STACKATHON 2024 in New Delhi alongside Confederation of Indian Industry (CII) . This event aims to revolutionize India's growing MedTech sector by...

May 7, 2024 4:12 PM

India firm and fair: Jaishankar asserts vision for a digitized future

External Affairs Minister S Jaishankar on Tuesday emphasised India's stance as a principled yet robust nation highlighting the country's evolving approach towards challenges such as terrorism and border disputes. Addressing the Viksit Bharat 2047 pr...

May 7, 2024 1:03 PM

Yen weakens despite intervention threat, Aussie eases after RBA

The yen continued to drift lower against the dollar on Tuesday as gaping interest rate differentials weighed on the currency, despite fresh warnings from Japanese officials following two rounds of suspected dollar-selling intervention last week. The...

May 6, 2024 9:51 PM

Sanjaya Kumar Mishra appointed as the President of the GST Appellate Tribunal

In a ceremony held on Monday in New Delhi, Justice (Retd.) Sanjaya Kumar Mishra took the oath as the President of the GST Appellate Tribunal (GSTAT) from Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman. The GSTAT serves as the A...