DDIndia Business: Economic Headlines & Updates

Business

August 29, 2025 3:13 PM

States offering financial assistance lead in 2-wheeler EV adoption: RBI

States that provide financial assistance in the form of subsidies and grants are witnessing stronger adoption of two-wheeler electric vehicles (2W-EVs), according to a study by the Reserve Bank of India (RBI). The report highlighted that supportive ...

August 29, 2025 3:08 PM

Centre names former RBI governor Urjit Patel as IMF Executive Director for 3 years

The government has approved the appointment of former Reserve Bank of India (RBI) governor Dr. Urjit Patel as Executive Director at the International Monetary Fund (IMF) for a three-year term. Patel’s appointment follows the abrupt termination of ...

August 29, 2025 2:03 PM

India’s exports to surpass last year despite tariffs: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Friday said that despite the tariffs, India’s exports this year are likely to exceed those of last year. Addressing a curtain raiser event of Bharat Buildcon 2026 in New Delhi, the Union Ministe...

August 29, 2025 12:55 PM

National Bamboo Mission strengthens green economy, boosts rural livelihoods

India’s restructured National Bamboo Mission (NBM) is emerging as a key driver of the country’s green economy, with over 60,000 hectares of new plantations, 528 processing units, and 130 market hubs established across 24 states and Union Territor...

August 29, 2025 1:53 PM

Capital in India does not just grow, it multiplies: PM Modi at India-Japan Economic Forum

Highlighting India’s transformation over the past decade and its growing appeal as a global investment destination, Prime Minister Narendra Modi said on Friday that “capital in India does not just grow, it multiplies.” Addressing the India-Jap...

August 29, 2025 10:42 AM

Nifty, Sensex open with modest gains, experts say a sharp rebound from current levels cannot be ruled out

Indian equities opened with gains on Friday as the benchmark indices rebounded after the heavy selling pressure witnessed a day earlier. The Nifty 50 index was trading with modest gains in the opening session at 24,546.25, up by 45.35 points or 0....

August 28, 2025 5:45 PM

Indian equity indices decline sharply over US tariff concerns

Indian equity indices ended Thursday’s session nearly one per cent lower, as investor sentiment weakened following the implementation of 50 per cent US tariffs on Indian goods. The Sensex closed at 80,080.57, down 705 points or 0.87 per cent. The ...

August 28, 2025 4:50 PM

FM Sitharaman assures exporters of govt support amid US tariff hike

Finance Minister Nirmala Sitharaman on Thursday reassured exporters that the government stands firmly with them as the hike in US tariffs comes into effect, creating uncertainty in the global market. Addressing a delegation of the Federation of Indi...

August 28, 2025 4:46 PM

India launches bold reforms to offset global trade pressures: Finance Ministry

The resilience of India’s external sector has been a key factor in maintaining a stable macroeconomic environment amid a global trade landscape marked by tariff adjustments and rising uncertainty, the Finance Ministry said in its Monthly Economic R...

August 28, 2025 4:12 PM

Indian Oil Set to Become ADNOC’s Largest LNG Customer

Abu Dhabi National Oil Company (ADNOC) has signed a 15-year Sales and Purchase Agreement with Indian Oil Corporation to supply one million tonnes per annum of liquefied natural gas from its lower-carbon Ruwais LNG project. Under the agreement, LNG wi...