DDIndia Business: Economic Headlines & Updates

Business

February 3, 2026 4:01 PM

Over 26 lakh households get rooftop solar under PM Surya Ghar; ₹14,771 crore aid released

More than 26 lakh households across India have so far benefited from the PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY), the government said on Tuesday, with rooftop solar installations rapidly expanding under the flagship renewable energy initiative. ...

February 3, 2026 10:13 AM

India-US trade deal lifts markets: Nifty up 1,219, Sensex surges 3,656 at opening bell

Indian equity benchmarks opened with a historic rally on Tuesday, surging sharply in early trade as investor sentiment improved after the announcement of a key India–US trade deal and supportive global cues. The Nifty 50 opened at 26,308.05, jumpi...

February 3, 2026 8:47 AM

EAM Jaishankar welcomes India-US trade deal, to meet Rubio today

India’s External Affairs Minister S. Jaishankar welcomed the US–India trade deal announced after talks between Prime Minister Narendra Modi and President Donald Trump, calling it a boost for jobs, growth, and innovation in both economies. The mi...

February 2, 2026 9:12 PM

STT hike on F&O meant to curb speculation, protect retail investors: Sitharaman

A day after the Union Budget announcement, Finance Minister Nirmala Sitharaman on Monday said the hike in Securities Transaction Tax (STT) on futures and options (F&O) trading is intended to discourage speculative activity and protect retail inve...

February 2, 2026 4:30 PM

Europe’s $955 billion recovery fund struggles to transform economy

In olive groves and vineyards dotted across Spain, sensors and drones paid for by Europe's largest recovery fund since the post-war Marshall Plan are gathering soil data to feed into AI models which will help farmers better manage their crops. The p...

February 2, 2026 4:35 PM

SBI launches ‘CHAKRA’ centre of excellence to finance sunrise sectors

State Bank of India on Monday launched CHAKRA, a Centre of Excellence (CoE) aimed at strengthening financing for sunrise sectors critical to India’s long-term economic transformation and its goal of becoming a Viksit Bharat by 2047. According to a...

February 2, 2026 3:32 PM

India manufacturing PMI rises to 55.4 in January, signals recovery

Indian manufacturing activity showed signs of recovery in January 2026, with firms reporting faster growth in new orders, output, employment, and purchasing activity after losing momentum towards the end of 2025, according to the HSBC India Manufactu...

February 2, 2026 3:31 PM

Mansukh Mandaviya launches ‘MY Bharat Budget Quest 2026’ to engage youth with Union Budget

Union Minister for Youth Affairs and Sports Dr. Mansukh Mandaviya on Monday launched ‘MY Bharat Budget Quest 2026’, a nationwide youth-focused initiative aimed at deepening young citizens’ understanding of the Union Budget and making budgetary ...

February 2, 2026 12:03 PM

Budget’s focus on AI-enabled skilling to nurture India’s future entrepreneurs: Industry

The government support to new technologies through AI mission, National Quantum Mission, Anusandhan National Research Fund, Research and Innovation Fund promises to be a big boost for the Indian higher education institutions that are nurturing India�...

February 2, 2026 10:30 AM

US experts back India’s growth, urge manufacturing push

The latest union budget reinforces India’s strong growth momentum and sends positive signals on trade and investment, US-based economists and business leaders said Sunday, and urged a sharper push on manufacturing competitiveness. Steve Hanke, pro...