Economy Archives - DD India

Economy

March 20, 2026 12:15 PM

India invites global bids for rare earth magnet manufacturing units

The Ministry of Heavy Industries has invited global bids for setting up integrated manufacturing facilities for sintered rare earth permanent magnets (REPM) under a government scheme aimed at boosting domestic production. According to an official st...

March 12, 2026 9:41 AM

Benchmark indices fall at open as crude oil climbs past $100 per barrel

Indian stock markets opened lower on Thursday as escalating tensions in West Asia and a sharp rise in crude oil prices weighed on investor sentiment. The benchmark indices came under pressure following reports that Iran’s Navy Chief warned vessels...

March 12, 2026 9:33 AM

Global shares skid, oil surges above $100 a barrel as Iran attacks Gulf shipping

Shares in Asia fell broadly on Thursday, as oil prices leapt 9% to above $100 a barrel on reports of more ships hit in Gulf waters and the closure of oil terminals - a jump that promises to fuel inflation and push borrowing costs higher worldwide. I...

March 11, 2026 3:56 PM

Oil shrugs potential IEA reserves release, gains on supply worries

Oil prices rebounded on Wednesday as markets doubted whether the International Energy Agency's reported plan for a record release of oil reserves could offset potential supply shocks from the U.S.-Israeli conflict with Iran. Brent futures ...

March 11, 2026 10:16 AM

RBI caps bank dividend payouts at up to 75% of profit, tightens prudential norms

The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, pro...

March 11, 2026 9:01 AM

PM Modi to inaugurate, lay foundation for development projects in Tiruchirappalli Wednesday

Prime Minister Narendra Modi will inaugurate and lay the foundation stone for a slew of development projects covering petroleum, natural gas, roads, railways and other infrastructure sectors in Tiruchirappalli on Wednesday. Earlier on Tuesday, shari...

March 4, 2026 9:08 AM

Airline, travel industries scramble with fallout from Middle East conflict

The airline and tourism industries scrambled to deal with the fallout from the escalating U.S. and Israeli air war against Iran, while governments rushed to bring stranded travellers home from the Middle East following the cancellation of more than 2...

March 3, 2026 2:18 PM

Assam accounts for 90 pc of India’s Muga silk production: CM Sarma

Chief Minister Himanta Biswa Sarma on Tuesday highlighted Assam’s dominant position in India’s silk sector, stating that the State accounts for nearly 90 per cent of the country’s Muga silk production and around 65 per cent of Eri silk output, ...

March 3, 2026 11:42 AM

India’s Petroleum Ministry assures availability, affordability of energy amid West Asia crisis

Union Petroleum and Natural Gas Minister Hardeep Puri on Monday reviewed the supply situation for crude oil, LPG, and other petroleum products with senior officials from the Ministry and PSUs, amid tensions in West Asia. The Petroleum Ministry has s...

March 3, 2026 10:18 AM

Uttar Pradesh CM addresses public grievances during ‘Janta Darshan’ in Gorakhpur

Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday held 'Janta Darshan' in Gorakhpur, during which he heard grievances of the people. The CM heard people's grievances and asked officials to prioritise resolving them. Meanwhile, CM Yogi shared ...

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