DDIndia Business: Economic Headlines & Updates

Business

August 15, 2024 10:31 AM

Independence Day 2024: Road to Reform is Blueprint for Growth, says PM Modi

In his address marking the 78th Independence Day, Prime Minister Narendra Modi praised the reforms in India's banking sector from the ramparts of the Red Fort. He emphasized that these reforms have significantly strengthened the country's banking sys...

August 15, 2024 9:15 AM

PM Modi highlights natural calamities, outlines 2047 vision in Independence Day speech

Prime Minister Narendra Modi delivered his 11th consecutive Independence Day address from the ramparts of the Red Fort today, marking India's 78th year of independence. Despite a light drizzle, the ceremony proceeded as planned, with PM Modi hoisting...

August 14, 2024 7:04 PM

Global energy organizations lower growth expectations as oil prices fall

Oil prices declined on Tuesday, with global energy organizations lowering growth expectations while warning possibility of overcapacity. The international crude oil market ended five consecutive trading days of gains and saw prices fall on Tuesday. ...

August 14, 2024 5:08 PM

Stock market closes on a positive note amid cautious sentiment

The Indian stock market ended Wednesday's trading session on a positive note, despite a cautious undertone among investors. The Nifty 50 at the National Stock Exchange (NSE) recorded a marginal gain of 4.75 points, or 0.02%, closing at 24,143.75. Mea...

August 14, 2024 4:34 PM

India’s July exports up 2.8% at USD 62.4 billion, trade deficit widens to USD 9.6 billion

India's overall exports, merchandise and services combined, in July were to the tune of USD 62.42 billion, a 2.81 rise on a yearly basis, Commerce Ministry data showed on Wednesday. Same month last year it was USD 60.71 billion. Exports of merchandi...

August 14, 2024 2:53 PM

Indian Investors Lead Foreign Business Expansion in Dubai, with 7,860 New Companies in First Half of 2024

A recent analysis by the Dubai Chamber of Commerce reveals that Indian investors are at the forefront of foreign business expansion in the emirate, establishing 7,860 new companies during the first six months of 2024. This achievement places India at...

August 14, 2024 9:49 AM

India-US join hands to promote cooperation in MSMEs

India and the U.S. signed a Memorandum of Understanding (MoU) on Tuesday, aimed at enabling Micro, Small, and Medium Enterprises (MSMEs) from both countries to participate more effectively in global markets and foster trade. "India-US joining hands ...

August 13, 2024 6:00 PM

MoSPI’s ‘women and men in India 2023’ reveals progress and gaps in gender equality

The Ministry of Statistics and Programme Implementation (MoSPI) has released the 25th edition of its comprehensive publication, "Women and Men in India 2023." This report offers a detailed look at the status of women and men across various sectors in...

August 13, 2024 5:28 PM

Sensex, Nifty decline amid mixed global sentiments

The BSE Sensex and the Nifty fell on Tuesday, influenced by mixed global sentiments. The Nifty 50 dropped 0.81% to 24,100.50, while the Sensex lost 0.75% to settle at 78,873. HDFC Bank was the biggest loser on the Sensex, with its shares falling 3% ...

August 13, 2024 3:24 PM

PM Modi unveils 109 new crop varieties to boost agricultural productivity

Prime Minister Narendra Modi released 109 new varieties of field and horticultural crops on Sunday at PUSA, New Delhi, marking a significant step towards enhancing India's agricultural output and farmer incomes. The new varieties, developed by vario...