DDIndia Business: Economic Headlines & Updates

Business

August 6, 2025 7:52 PM

India, Russia sign protocol to deepen industrial ties at 11th Working Group Session

India and Russia on Wednesday reaffirmed their strategic partnership and signed a key protocol to boost cooperation in sectors including aluminium, fertilizers, railways, and mining technology, during the 11th session of the India-Russia Working Grou...

August 6, 2025 5:18 PM

Rate cut likely in next RBI MPC meet amid global developments: Morgan Stanley

Morgan Stanley on Wednesday said that in terms of policy response, it sees the likelihood of another rate cut by the RBI in Q4 (likely in October policy) amid headwinds from tariff-related developments. In a unanimous vote, the RBI MPC kept the poli...

August 6, 2025 4:45 PM

Sensex, Nifty end lower after RBI keeps repo rate unchanged

The Indian stock market ended slightly lower after witnessing volatile trading on Wednesday, as investors showed mixed reaction to the Reserve Bank of India's (RBI) decision to keep the repo rate unchanged at 5.5 per cent. Sensex settled at 80,543.9...

August 6, 2025 3:22 PM

Jan Dhan account holders can complete re-KYC at camps till September 30: RBI

As the Pradhan Mantri Jan Dhan Yojana (PMJDY) completes a decade, a large number of account holders are now due for re-KYC (Know Your Customer) updates, the Reserve Bank of India said on Wednesday. RBI Governor Sanjay Malhotra, in his Monetary Polic...

August 6, 2025 3:06 PM

India’s mobile exports grow 127%, electronics output jumps sixfold since 2014

India’s electronics manufacturing sector has seen a sixfold rise in production and an eightfold surge in exports over the past 11 years, according to government data presented in Parliament on Wednesday. The production of electronic goods rose fro...

August 6, 2025 3:13 PM

RBI MPC: home loan EMIs and interest rates unchanged as central bank holds repo rate at 5.50%

The Reserve Bank of India’s Monetary Policy Committee (RBI-MPC) on Wednesday decided to keep the repo rate unchanged at 5.50 per cent during its bi-monthly policy review. Keeping the repo rate steady means that Equated Monthly Instalments (EMIs) a...

August 6, 2025 4:20 PM

US tariffs likely to impact just 0.19% of India’s GDP: Industry

The proposed US tariffs on Indian goods will have a “manageable” impact on the country’s economy, affecting just 0.19 per cent of India’s GDP, according to industry leaders. The tariffs are expected to affect exports to the US worth appr...

August 6, 2025 2:42 PM

US tariff hike unlikely to impact Indian economy significantly: RBI Governor

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said that the recent US tariff hike is not expected to have a major impact on the Indian economy, unless retaliatory tariffs come into play. Addressing a press conference following th...

August 6, 2025 12:44 PM

RBI retains India’s GDP growth forecast at 6.5% for FY 2025-26

The Reserve Bank of India (RBI) on Wednesday retained its GDP growth forecast for India at 6.5% for the financial year 2025-26, citing robust rural demand supported by a favourable monsoon and continued government expenditure on large-scale infrastru...

August 6, 2025 9:57 AM

Markets open flat ahead of RBI policy decision; Nifty, Sensex show cautious gains

Indian equity markets opened on a flat note on Wednesday as investors awaited the outcome of the Reserve Bank of India's (RBI) Monetary Policy Committee meeting. The BSE Sensex inched up 64 points, or 0.08 per cent, to trade at 80,774, while the...