DDIndia Business: Economic Headlines & Updates

Business

July 9, 2025 5:25 PM

Govt unveils Draft Petroleum & Natural Gas Rules 2025 to revamp upstream sector

The Ministry of Petroleum and Natural Gas on Wednesday released the Draft Petroleum & Natural Gas Rules, 2025. The sweeping reforms aim to bolster investor confidence, streamline operations, and align India’s energy framework with global sustai...

July 9, 2025 5:18 PM

Indian stock market settles lower amid selling in IT and metal stocks

The Indian stock markets closed lower after a volatile session on Wednesday amid selling in the IT and metals stocks, especially in Vedanta and Hindustan Zinc. Sensex settled at 83,536.08, down 176.43 points or 0.21 per cent. The 30-share index open...

July 9, 2025 5:03 PM

SEBI bars Jane Street over alleged Bank Nifty manipulation

Jane Street has been barred from the Indian securities market by its markets regulator, which has said the U.S. firm used its trading strategies to "manipulate" a key stock market index, leading to losses for millions of retail investors, allegations...

July 9, 2025 4:11 PM

EU working closely to get trade deal with US, ready for all scenarios, von der Leyen says

The European Union is working closely with U.S. President Donald Trump's administration to reach a trade deal, but Brussels is getting ready for all scenarios, European Commission President Ursula von der Leyen said on Wednesday. "We stick to our pr...

July 9, 2025 1:52 PM

Indian NBFCs to clock 25 pc growth in education loan assets in FY26 amid US uncertainties

For non-banking finance companies (NBFCs) in India, education loans have been the fastest-growing asset class, clocking over 50 per cent growth in the assets under management (AUM) over the past few years, a report said on Wednesday. This fiscal (FY2...

July 9, 2025 10:43 AM

Indian stock market opens lower amid mixed global cues

The Indian benchmark indices opened lower on Wednesday amid mixed global cues, with selling pressure seen in the IT, PSU bank, and financial services sectors. At around 9:34 am, the Sensex was trading 181.63 points, or 0.22 per cent, lower at 83,530...

July 9, 2025 9:46 AM

Dollar firm, Asian stocks mixed as traders ponder tariff outlook

The dollar traded close to a 2-1/2-week high versus major peers on Wednesday while copper hit an all-time peak overnight after U.S. President Donald Trump broadened his global trade war by threatening a 50% tariff on the metal. Trump also said levie...

July 9, 2025 9:34 AM

Trump says steep copper tariffs in store as he broadens his trade war

U.S. President Donald Trump on Tuesday said he would impose a 50% tariff on imported copper and soon introduce long-threatened levies on semiconductors and pharmaceuticals, broadening his trade war that has rattled markets worldwide. One day after h...

July 8, 2025 5:13 PM

No directions issued to close inactive Jan Dhan accounts, says Finance Ministry

The Department of Financial Services (DFS) under the Ministry of Finance on Tuesday clarified that no instructions have been issued to banks for closing inactive accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY). The statement came amid repo...

July 8, 2025 4:49 PM

Sensex gains 270 points; investors eye relief in India-US trade talks

The Indian stock markets closed higher on Tuesday, recovering from a flat opening after reports of a possible mini trade deal between India and the United States surfaced late last night. Markets opened under pressure as concerns over US President D...

DD India