DDIndia Business: Economic Headlines & Updates

Business

October 7, 2023 5:02 PM

Piyush Goyal Meets with Food Sector Leaders in GCC, to Promote Trade and Investment

Piyush Goyal, the Union Minister of Commerce and Industry of India, meets the major traders of food industry in GCC and Egypt focusing on enhancing trade relations .Goyal engaged in interactive sessions with major food importers from these regions an...

October 6, 2023 12:38 PM

RBI keeps repo rate unchanged at 6.5 percent

Ahead of the festive season, the Reserve Bank of India on Friday decided to keep the policy repo rate unchanged for the fourth time in a row as it maintains a tight vigil on inflation. Announcement After MPC Meeting This announcement came after a t...

October 6, 2023 10:04 AM

Commerce Minister Piyush Goyal Visits UAE to Boost Trade and Investment

Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, is on a two-day visit to the United Arab Emirates. This is his third visit to the UAE as Minister of Commerce and Industry in the last 2 ye...

October 5, 2023 3:27 PM

India invites Brazilian industries to become part of its growing supply chain

Department of Commerce, Ministry of Commerce & Industry, Secretary, Sunil Barthwal paid an official visit to Brazil from October 1st to October 4th, 2023, for the 6th meeting of the India-Brazil Trade Monitoring Mechanism (TMM). During his inter...

October 5, 2023 11:52 AM

Cabinet approves tenancy regulations for 3 UTs & setting up of Sammakka Sarakka Central Tribal University in Telangana

The Union Cabinet on October 4 gave its nod to the amending of the Central Universities Act for setting up of Sammakka Sarakka Central Tribal University in Telangana. This will provide introduction in Parliament, a Bill, namely, the Central Universi...

October 5, 2023 9:29 AM

RBI Monetary policy review: markets brace for impact as MPC meets

As the three-day meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) commenced on Wednesday, October 4th, there was widespread anticipation that the central bank would maintain the current interest rates and policy stanc...

October 4, 2023 9:38 PM

Government increases subsidy for Ujjwala Scheme, beneficiaries to now pay ₹603 for per 14.2 kg cylinder

In a significant development, Union Minister Anurag Thakur has announced a boost in the subsidy provided to economically disadvantaged women who have availed of cooking gas connections through the Ujjwala scheme. Effective immediately, beneficiaries ...

October 4, 2023 3:20 PM

ADIPEC Awards 2023 Recognizes Global Energy Innovators and Leaders

The prestigious ADIPEC Awards 2023 ceremony, held under the theme 'Leading the Transformation,' celebrated eight pioneering projects, companies, and individuals driving transformative change across the global energy landscape. Honoring outstanding ac...

October 4, 2023 3:18 PM

NIIF launches $600 million India-Japan fund with government of India and JBIC as anchor investors

The National Investment and Infrastructure Fund (NIIF) and the Japan Bank for International Cooperation (JBIC) jointly launched the India-Japan Fund (IJF) on October 4 to encourage Japanese investments in India. The $600 million fund will be managed...

October 4, 2023 12:19 PM

Boston Consulting Group Stresses the Importance of Integrating and Scaling Up Green Technologies at ADIPEC 2023

Pattabi Seshadri, Senior Partner and Managing Director of Boston Consulting Group stressed the importance of integrating and scaling up green technologies at the ADIPEC 2023 conference in Abu Dhabi. Seshadri said that current solutions can only redu...