DDIndia Business: Economic Headlines & Updates

Business

March 6, 2024 9:44 AM

PM Modi to unveil infrastructure projects worth around Rs 12,800 crore in Bihar

Prime Minister Narendra Modi will today (Wednesday) will dedicate, inaugurate and lay the foundation stone of various infrastructure projects worth around 12,800 crores rupees at Bettiah in West Champaran district in Bihar this afternoon. These proje...

March 6, 2024 8:37 AM

Prime Minister Modi to inaugurate India’s first underwater metro service in Kolkata today

Prime Minister Narendra Modi is set to inaugurate India's first under-river metro tunnel built in Kolkata today (Wednesday). In a monumental development set to transform urban transportation, PM Modi is slated to inaugurate several key metro and rapi...

March 5, 2024 9:01 AM

Prime Minister Modi to launch development projects worth over 6800 crore rupees in Telangana

Prime Minister Narendra Modi will launch multiple development projects worth 6800 rupees in Telangana from Sangareddy near Hyderabad this morning. PM Modi will dedicate to the nation the Civil Aviation Research Organisation (CARO) Centre built at a c...

March 4, 2024 7:29 PM

Registrations of informal micro enterprises on UPA cross 1.50 crore

In a significant milestone for India's micro-business sector, registrations on the Udyam Assist Platform (UAP) have surpassed 1.50 crore for Informal Micro Enterprises (IMEs). Launched by the Ministry of Micro, Small and Medium Enterprises on January...

March 4, 2024 12:32 PM

Moody’s upgrades India’s 2024 GDP forecast to 6.8%

Moody's has raised its GDP forecast for India in 2024 to 6.8%, signaling a positive economic outlook. The global credit rating agency's optimistic stance is grounded in India's position as the fastest-growing economy among G20 nations, driven by robu...

March 4, 2024 10:00 AM

FM Sitharaman to inaugurate conference of GST enforcement chiefs to tackle tax evasion & fake invoicing

Union Finance Minister Nirmala Sitharaman will be inaugurating the national conference of Goods and Services Tax enforcement chiefs in the national capital on Monday, the Ministry of Finance said in a press release. The one-day national conference wi...

March 4, 2024 9:24 AM

PM Modi to launch several development projects in Telangana & Tamil Nadu today, know the details

Prime Minister Narendra Modi has embarked on a three-day visit to five states, namely Telangana, Tamil Nadu, Odisha, West Bengal and Bihar, starting Monday. The development works that will be inaugurated during his visits to the five states cover a w...

March 2, 2024 1:37 PM

GST revenue surges to Rs. 1.68 lakh crore in February 2024; Growth at 12.5%

Gross Goods and Services Tax (GST) revenue collected for February 2024 has reached an impressive ₹1,68,337 crore, marking a substantial 12.5% increase compared to the same month in 2023. This surge in revenue can be attributed to a robust 13.9% ris...

March 1, 2024 8:30 PM

Nirmala Sitharaman launches Rs 1,000 crore infrastructure projects across India

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, made headlines on Friday as she virtually launched a series of infrastructure projects collectively worth over Rs 1,000 crore from the national capital. These projects are poised t...

March 1, 2024 12:23 PM

Asia’s factories struggle for growth as China, Japan falter

Asia's major manufacturing economies struggled to claw their way out of decline in February with Japan particularly squeezed by a steeper fall in demand while an uneven recovery in China overshadowed some signs of improvement elsewhere in the region....