DDIndia Business: Economic Headlines & Updates

Business

June 27, 2024 1:44 PM

Sensex, Nifty soar to new record highs

The BSE Sensex surged past the 79,000 mark and the NSE Nifty crossed 24,000 for the first time on Thursday, setting new records in intraday trading. The Sensex soared 470.71 points to reach 79,159.89, while the Nifty rose 164.10 points to 24,032.90....

June 27, 2024 10:28 AM

Asia stocks down, yen slump keeps markets on intervention alert

Asian shares fell and bond yields spiked on nervousness about inflation on Thursday, while the yen's slide past 160-per-dollar had currency traders bracing for Japan to step in and steady it. The dollar made six-week highs on sterling and the kiwi a...

June 26, 2024 9:33 PM

Paraguay becomes 100th member of International Solar Alliance

Paraguay has become the 100th country to join the International Solar Alliance (ISA) as a full member. The South American nation officially handed over its Instrument of Ratification to the ISA in New Delhi on Wednesday. The ceremony took place duri...

June 27, 2024 9:59 AM

Sensex, Nifty settle at new all-time highs; banking, media stocks shine

Indian benchmark indices reached fresh record highs on Wednesday, driven by gains in banking and media stocks. The BSE Sensex gained 620.73 points, or 0.8 percent, to close at 78,674.25, while the Nifty added 147.50 points, or 0.62 percent, to end a...

June 26, 2024 4:36 PM

Kenyan protesters promise more rallies after deadly parliament violence

Kenyan protesters vowed on Wednesday to keep up their demonstrations against new tax hikes, a day after police opened fire on crowds trying to storm parliament, leaving at least eight people dead and scores wounded. As heavily armed officers patroll...

June 26, 2024 5:31 PM

Investors join forces to push for policy action on nature loss

A group of more than 200 investors on Wednesday backed a plan to start talks with 60 companies over biodiversity, focusing on those active in countries with ecosystems at risk of forest loss and land degradation. The Spring initiative comes ahea...

June 25, 2024 10:14 PM

Russia bans distribution of dozens of EU news outlets in retaliatory step

Russia's Foreign Ministry said on Tuesday it was banning access inside Russia to the broadcasts of dozens of European Union media outlets in what it said was retaliation for a similar EU ban on several Russian media outlets. The European Union said ...

June 25, 2024 5:31 PM

Sensex, Nifty close at record highs, led by banking sector rally

Indian benchmark indices closed at record highs on Tuesday, buoyed by a surge in financial and banking stocks. The Sensex closed at 78,053.52, up 712.44 points or 0.92 percent, while the Nifty closed at 23,721.30, up 183.45 points or 0.78 percent, b...

June 25, 2024 4:32 PM

Sri Lanka to sign debt restructuring agreements with India and Japan

Sri Lanka is set to sign agreements to restructure its bilateral debt with India and Japan on Wednesday. This news was confirmed by Foreign Minister M.U.M. Ali Sabry, who mentioned that President Ranil Wickremesinghe had updated the Cabinet about the...

June 25, 2024 4:28 PM

PM Modi may visit Russia in July: Russian state media

Prime Minister Narendra Modi is expected to visit Russia in July, according to reports from Russian state news agency RIA on Tuesday. The potential visit would mark PM Modi's first trip to Russia since 2019 and his first since the outbreak of the Rus...