DDIndia Business: Economic Headlines & Updates

Business

March 27, 2024 1:34 PM

Pavan Davuluri to lead Microsoft’s Windows and Surface teams

Microsoft has once again merged its Windows and Surface teams internally, with Pavan Davuluri, an alumnus of IIT Madras, entrusted with leading development efforts on both fronts. According to reports from Windows Central, a reputable source for Mic...

March 26, 2024 8:39 PM

Positive shifts emerge in India’s labour market despite challenges

Amidst ongoing challenges, India's labour market is witnessing positive developments, as highlighted in the India Employment 2024 report. Despite the pandemic's impact, the report indicates encouraging trends such as a visible return on investment in...

March 26, 2024 4:15 PM

India’s growth forecasted at 6.8%, inflation expected to drop to 4.5%: S&P ratings

S&P Global Ratings has revised India's growth projection from 6.4 percent to 6.8 percent. After a better-than-expected 7.6% growth in fiscal year 2024 estimated by the National Statistical Office, S&P India pegged real GDP growth to moderate ...

March 23, 2024 1:14 AM

Indian economy shines bright amid global slowdown, says Finance Ministry report

India's robust economic performance stands out amidst sluggish global growth, according to the monthly economic review report from the Department of Economic Affairs, Ministry of Finance. Recent data reveals that India's economic growth hit a six-qu...

March 21, 2024 11:43 AM

Digital payments soar as more Indians opt for UPI

India is witnessing a surge in digital payments as more people are opting for online transactions. In February alone, transactions through the Unified Payments Interface (UPI) soared to an impressive Rs 18.2 lakh crore, totaling 122 crore transaction...

March 20, 2024 5:48 PM

As Startup Mahakumbh wraps up, budding entrepreneurs express gratitude to PM Modi for inspiration

The Startup Mahakumbh, a three-day event that brought together startups, investors, incubators, accelerators and industry leaders across various sectors, concluded on Wednesday in the national capital. Organized at the Bharat Mandapam by ASSOCHAM, N...

March 20, 2024 5:23 PM

Direct sales in India grew 12% in 2022-23, crosses Rs 21,000 crore in turnover: Survey

The direct selling industry in India has registered growth of more than 12 per cent, on a yearly basis, with the gross industry turnover at Rs 21,282 crore in 2022-23, according to an annual survey report released by the Indian Direct Selling Associa...

March 20, 2024 3:24 PM

Direct Tax collections surge by 18.74% in financial year 2023-24

The provisional figures of Direct Tax collections for the Financial Year 2023-24 (as of 17th March 2024) indicate a significant rise compared to the previous fiscal year. According to reports, net collections have reached Rs. 18,90,259 crore, marking...

March 20, 2024 2:21 PM

From job seekers to job providers: PM Modi highlights India’s flourishing startup ecosystem

Prime Minister Narendra Modi on Wednesday said that India’s startup ecosystem has witnessed rapid growth, creating employment for hundreds of thousands of people and transitioning job seekers into job providers. He was speaking during the concludi...

March 20, 2024 8:44 AM

Prime Minister Modi to address entrepreneurs at Startup Mahakumbh today

Prime Minister Narendra Modi will address entrepreneurs and all stakeholders at the 'Startup Mahakumbh' today (Wednesday). The Prime Minister said that India's strides in the world of startups have been phenomenal in the last few years In a post on ...