DDIndia Business: Economic Headlines & Updates

Business

January 23, 2025 9:46 PM

Startups to Scale Up: UAE Summit Showcases India’s Innovation and Global Ambitions

The Indian People Forum’s Business and Professional Council hosted the Innovator and Investor Summit at Dubai, spotlighting three startups whose innovations celebrate India’s emerging role as a global hub of innovation and entrepreneurship. The ...

January 23, 2025 5:02 PM

CCPA issues notices to Ola, Uber over differential pricing; Apple also under scrutiny

The Central Consumer Protection Authority (CCPA) has issued notices to cab aggregators Ola and Uber over alleged discrepancies in pricing based on the type of smartphone used by consumers, Union Minister of Consumer Affairs, Pralhad Joshi, said on Tu...

January 23, 2025 4:50 PM

Sensex, Nifty close higher as midcap and smallcap stocks surge

Stock markets closed with marginal gains on Thursday after a day of fluctuating performance. The Sensex rose 156.70 points to close at 76,561.69, while the Nifty advanced 60.90 points to end at 23,216.25. The indices began the session on a negative ...

January 23, 2025 4:00 PM

Startups to scale up: UAE summit showcases India’s innovation and global ambitions

January 23, 2025 3:27 PM

Global stocks ease as AI euphoria wanes; dollar wilts without tariff bump

Global stocks eased on Thursday, halting a rally sparked by U.S. President Donald Trump's mammoth spending plans for artificial intelligence infrastructure as some of that excitement fizzled out, though Chinese shares fared better on Beijing's suppor...

January 23, 2025 12:30 PM

India’s digital economy set to drive one-fifth of GDP by 2030: MeitY report

India’s digital economy is projected to grow nearly twice as fast as the overall economy, contributing close to one-fifth of the country’s national income by 2030, according to a report from the Ministry of Electronics and Information Technology ...

January 23, 2025 11:55 AM

US sanctions on Russia to have minimal impact on India’s energy supply: IOC Chairman

The recent sanctions imposed by the United States on Russia, coupled with warnings of further punitive measures by the new Trump administration, are expected to have limited impact on India's energy security, according to Indian Oil Corporation (IOC)...

January 22, 2025 5:35 PM

Sensex jumps 566 points, Nifty holds at 23,000 as US tariff fears ease

The Indian stock market experienced significant movement on Wednesday, as benchmark indices Sensex and Nifty recovered in the latter half of the day after concerns over potential US trade tariffs eased. At the close of trading, the BSE Sensex rose b...

January 22, 2025 1:22 PM

Google to invest fresh $1 bln in OpenAI rival Anthropic, FT reports

Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported on Wednesday. This comes after Reuters and other media reported earlier in January that Anthropic was nearing a $2 billion fundraise ...

January 22, 2025 12:39 PM

Centre introduces Diamond Imprest Authorization scheme to revive sector

In a bid to enhance the competitiveness of India’s diamond industry, the Union government has introduced the Diamond Imprest Authorization (DIA) Scheme for the duty-free import of natural cut and polished diamonds. Set to take effect from April 1,...

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