DDIndia Business: Economic Headlines & Updates

Business

August 11, 2025 11:34 AM

Sensex, Nifty inch higher; PSU bank stocks lead gains

Indian benchmark indices began the week higher on Monday, led by gains in the PSU bank stocks. The BSE Sensex advanced 122 points or 0.15 per cent to 79,980 while the Nifty 50 inched up to 24,405, up 42 points or 0.17 per cent. The Nifty Bank rose 0....

August 9, 2025 3:14 PM

India’s defence production hits record ₹1,50,590 crore, private sector share rises

India’s annual defence production has reached an all-time high of ₹1,50,590 crore in the financial year 2024-25, marking a jump of over 18% from last year’s ₹1.27 lakh crore and a massive 90% rise since FY 2019-20, when the figure stood at �...

August 8, 2025 4:56 PM

Centre withdraws Income-Tax Bill, 2025; to come with amended legislation

Finance Minister Nirmala Sitharaman on Friday moved to withdraw the Income-Tax Bill, 2025, following suggestions from the 31-member Select Committee chaired by BJP MP Baijayant Panda. The Lok Sabha approved the withdrawal amid uproar from Opposi...

August 8, 2025 4:00 PM

World food prices at 2-year high on rising meat and edible oils, FAO says

World food commodity prices rose in July to their highest in over two years, as a jump for vegetable oils and record levels for meat outweighed falling cereal, dairy and sugar prices, the United Nations' Food and Agriculture Organization said. The F...

August 8, 2025 1:59 PM

Huge push to agri-sector under PMKSY, ₹1,920 cr additional budget approved

The Union Cabinet has approved a total outlay of ₹6,520 crore for Pradhan Mantri Kisan Sampada Yojana (PMKSY) to support the farmers and strengthen farm-to-market infrastructure in India. This budget also includes an additional ₹1,920 crore. Tra...

August 8, 2025 12:06 PM

US tariffs on Indian goods “bad policy”, will hurt its own citizens: SBI report

A proposed 50 per cent tariff on Indian goods by the United States could backfire on American interests and hurt its own consumers, the State Bank of India’s research wing has said in a report. The report warns that the imposition of a 25 per cent...

August 8, 2025 10:03 AM

Indian stock market opens lower amid fresh US tariff concerns

Indian benchmark indices opened lower on Friday amid renewed jitters over US tariffs, with early selling pressure seen in the IT and financial services sectors. As of 9:38 am, the Sensex was trading 272.30 points or 0.34 per cent lower at 80,350.96,...

August 7, 2025 6:27 PM

Israel Signs Record $35 Billion Natural Gas Export Deal with Egypt

Egypt has signed a landmark $35 billion agreement to import natural gas from Israel's Leviathan gas field, marking the largest export deal in Israeli history and strengthening regional energy cooperation despite ongoing Middle East tensions. The agr...

August 7, 2025 4:35 PM

Sensex, Nifty absorb tariff shock and rebound to end in green

The Indian stock market settled slightly up on Thursday after witnessing a highly volatile session, sidelining the US President Donald Trump's fresh tariff jitters. However, stocks from textiles, jewellery and auto ancillaries sectors, which have ex...

August 7, 2025 4:17 PM

India to nearly double power generation capacity to meet surging demand

India’s electricity generation capacity is likely to reach 870 gigawatt (GW) in 2031-32, as the government plans to increase it to meet the growing demand for power in the country, the Parliament was informed on Thursday. As of June 2025, the count...