India | DD News

September 16, 2024 5:45 PM

Growth in India set to get more broad-based, says Morgan Stanley, pegged 6.8% for 2024

Growth in India, which already is strong and surging, may become more broad-based across both on the consumer and business spending side, indicated Morgan Stanley. The global investment bank, in its latest report '2024 Global Economic Midyear Outlook', attributed India's firm growth to three megatrends -global offshoring, digitalization and energy transition. Morgan Stanley forecasts 6.8 per cent growth in 2024 (against RBI's 7 per cent), and 6.5 per cent the next, and thinks inflation will sta...

September 16, 2024 6:44 PM

India’s dedication to committed multilateralism shines ahead of UN Summit of the Future

As anticipation builds for the upcoming UN Summit of the Future, India's Permanent Representative to the United Nations, Ruchira Kamboj, has underscored India's unwavering commitment to multilateralism. Kamboj expressed excitement for the summit on Thursday, highlighting India's proactive stance in embracing the opportunity to repurpose the UN for collective global progress. "Excited for the upcoming UN Summit of the Future! India's dedication to committed multilateralism shines as we embrace t...

May 28, 2024 8:22 PM

National Archives of India Undertakes First Overseas Digitization of Diaspora Records in Oman

In a collaborative effort, the Indian Embassy in Muscat and the National Archives of India (NAI) successfully completed a first-of-its-kind project to archive historical documents of the Indian diaspora in Oman. Titled "The Oman Collection - Archival Heritage of the Indian Community in Oman," the project ran from May 19th to 27th, 2024. It saw enthusiastic participation from 32 prominent Indian families from Gujarat, whose presence in Oman dates back 250 years. Marking a significant st...

September 16, 2024 6:42 PM

India, France to begin negotiations for Rs 50,000-crore Rafale Marine jet deal

Contract negotiations between the governments of India and France for 26 Rafale Marine fighter jets, valued at Rs 50,000 crore, are scheduled to begin on May 30 with the arrival of a high-level French delegation in New Delhi. The French delegation would meet with its Indian Defence Ministry counterparts for official negotiations, defence industry officials told ANI. The French team will include officials from their defence ministry and industry, including original equipment manufacturers Dassa...

September 16, 2024 6:42 PM

WHO chief mentions Global Traditional Medicine Centre in India addressing World Health Assembly

World Health Organisation (WHO) Director-General Tedros Adhanom Ghebreyesus on Monday mentioned the Global Traditional Medicine Centre established in India, and the first global summit on traditional medicine, organised by the WHO and co-hosted by the Ministry of Ayush, India, in his address at the 77th World Health Assembly in Geneva. While presenting his report to the 77th World Health Assembly in Geneva, Ghebreyesus said, "With WHO leadership, opportunities for technology transfer and geogra...

September 16, 2024 6:42 PM

Northwestern and Central India to get respite from heatwave in three days: IMD

The Deep Depression, a remnant of Cyclonic Storm Remal over Bangladesh moved east-northeastwards with a speed of 15 kilometers per hour and lay centered over Bangladesh during last night. The India Meteorological Department, IMD said that the system is likely to move east-northeastwards, and gradually weaken into a Depression today. Owing to the conditions, heavy to very heavy rainfall is likely over eastern districts of Sub-Himalayan West Bengal today (Tuesday). Similar conditions are likely ...

May 27, 2024 5:43 PM

Sensex, Nifty touch record highs before closing flat

India's benchmark indices surged to record highs on Monday, propelled by gains in private banking stocks. The Sensex breached the 76,000-mark for the first time, hitting 76,010, while the NSE Nifty50 scaled a new summit at 23,111 before retracting into negative territory. At the end of Monday's trading session, the Nifty50 closed at 22,932.55, down 0.11%, and the BSE Sensex closed at 75,364.60, marking a dip of 0.06%. Top Nifty gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtre...

May 25, 2024 6:05 PM

Maldives to introduce India’s RuPay service to strengthen economy

The Maldives is set to introduce India’s RuPay payment system, a move expected to strengthen the Maldivian Rufiyaa. Although no specific launch date has been announced, this initiative is seen as a step towards enhancing the country's financial stability. Maldives' Minister of Economic Development and Trade, Mohamed Saeed, mentioned that both India and China have agreed to use their local currencies for bilateral trade. This strategy aims to reduce reliance on the US dollar and improve re...

May 24, 2024 5:51 PM

Market fails to hold record high, ends flat amid volatility

In a rangebound trading session on May 24, India's benchmark indices reached fresh record highs, with the Nifty surpassing the 23,000 mark for the first time. Despite the early gains, the indices failed to maintain higher levels and ended the day with minimal change. At the close of trading, the Sensex had decreased by 7.65 points, or 0.01 percent, to 75,410.39, while the Nifty had declined by 10.55 points, or 0.05 percent, to 22,957.10. For the week, both the BSE Sensex and Nifty50 indices rec...

May 22, 2024 6:33 PM

Awami League MP killed in India, Bangladeshis involved: Bangladesh Home Minister

Some Bangladeshis killed ruling Awami League(AL) member of Parliament Anwarul Azim Anar at a flat in New Town, near Kolkata, said Bangladesh Home Minister Asaduzzaman Khan on Wednesday. “The information we have so far is that the people of our country are involved in the killing,” the Home Minister said while speaking at a press briefing in Dhaka. Based on information from Indian police, Bangladesh police arrested three people in connection with the murder of Anwarul Azim, he said....