DDIndia Business: Economic Headlines & Updates

Business

May 6, 2024 8:35 PM

European shares climb on energy boost, rate-cut hopes

European shares rose on Monday (May 6), with investor optimism over interest rate cuts from major central banks back to the fore. The pan-European STOXX 600 was up 0.3%. UK equities are closed due to a bank holiday. Supporting sentiment, a media re...

May 6, 2024 8:47 PM

Coolcations: India’s Hidden Treasures Revealed at Arabian Travel Market 2024

DUBAI (May 6, 2024) – The 31st edition of the Arabian Travel Market kicked off today in Dubai with the theme "Empowering Innovation: Transforming Travel Through Entrepreneurship." India is putting the spotlight on its lesser-known summer getaways...

May 6, 2024 4:08 PM

India, Ghana strengthen ties at 4th joint trade committee meeting

The 4th session of the India-Ghana Joint Trade Committee (JTC) recently concluded in Accra, with both nations resolving to enhance bilateral trade and investment cooperation. According to a press release from the Ministry of Commerce and Industry, d...

May 6, 2024 10:58 AM

Indian stock market surges in early trading

The Indian equity market started the week on a positive note as the benchmark indices, Sensex and Nifty, bounced back in early trade. The BSE Sensex climbed 328.54 points to reach 74,206.69, while the NSE Nifty advanced by 93.45 points, settling at ...

May 5, 2024 11:20 AM

Foreign portfolio investors return as buyers in Indian stock market

Foreign portfolio investors (FPIs) have resumed their role as net buyers in the Indian stock market in May, marking a turnaround from their selling spree in April. According to data from the National Securities Depository Limited (NSDL), FPIs purchas...

May 4, 2024 5:54 PM

India lifts ban on onion exports after robust production

India lifted the restrictions on onion exports from Friday. The decision comes on the heels of robust kharif crop production in 2024 and favourable monsoon forecasts, coupled with stable market conditions both at the mandi and retail levels. "All re...

May 4, 2024 4:58 PM

Google trial wraps up as judge weighs landmark US antitrust claims

Google and the U.S. Justice Department wrapped up closing arguments on Friday over claims that the Alphabet unit has unlawfully dominated web search and related advertising, in a case the government contends could shape the “future of the internet....

May 3, 2024 5:29 PM

Sensex, Nifty decline amid selling pressure on large caps

The BSE Sensex and Nifty fell on Friday as selling pressure in index heavyweights after the Nifty hit a record high dragged the indices into negative territory. Additionally, market sentiment was dampened by rumors circulating about potential tax ch...

May 3, 2024 4:03 PM

India, Netherlands hold foreign office consultations, agree to further strengthen bilateral ties

India and the Netherlands held the 12th round of foreign office consultations (FOC) in The Hague on Thursday, agreeing to further strengthen bilateral ties by focusing on new and emerging technologies like semiconductors and green hydrogen. The Indi...

May 3, 2024 3:41 PM

Indian stock markets have given higher returns than gold and FDs in FY24

Indian stock markets have generated an impressive performance during the FY 2023-24. The Nifty 50 index delivered a substantial return of 29 percent in FY 24. According to the data shared by the National Stock Exchange (NSE), the growth of the India...