DDIndia Business: Economic Headlines & Updates

Business

August 18, 2026 8:58 AM

Oil prices climb, bond yields rise as US-Iran ceasefire expires

Oil prices crept higher and bond yields rose, blunting paltry gains for stocks at the start of Asian trading on Tuesday as a U.S.-Iran truce expired and Tehran said it would shift to a "fully offensive" military posture. MSCI's broadest index of Asi...

August 17, 2026 11:11 PM

FM Sitharaman reviews industrial corridor projects, calls for faster infrastructure and investment

Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Monday chaired the third meeting of the Apex Monitoring Authority of the National Industrial Corridor Development and Implementation Trust (NICDIT), reviewing the progress of projects...

August 17, 2026 7:04 PM

Qatar-India Postal Remittance Service powered by UPI goes live through Qatar Post outlets

A new digital postal remittance service enabling people in Qatar to send money directly to Unified Payments Interface (UPI)-enabled bank accounts in India is now available through Qatar Post outlets, strengthening digital financial connectivity betwe...

August 17, 2026 5:51 PM

Bharat Taxi: How India’s first cooperative ride-hailing platform is reimagining urban mobility

India’s ride-hailing landscape is witnessing the emergence of a new model that seeks to combine digital technology with cooperative ownership. Bharat Taxi, described as India’s first cooperative-led ride-hailing platform, places drivers at the ce...

August 17, 2026 4:31 PM

BSE, PHDCCI join hands to expand capital-market access for MSMEs

Stock exchange BSE Ltd and PHD Chamber of Commerce and Industry (PHDCCI) on Monday announced a partnership to promote equity financing and expand capital-market access for Micro, Small and Medium Enterprises (MSMEs) across the country. The two organ...

August 17, 2026 4:19 PM

Sensex, Nifty end lower as IT stocks drag markets

Benchmark indices Sensex and Nifty ended lower on Monday amid rising crude oil prices and persistent geopolitical tensions in West Asia. The 30-share BSE Sensex declined 281.09 points, or 0.36 per cent, to settle at 77,728.16. During the day, it dro...

August 17, 2026 2:30 PM

Sitharaman seeks banking sector recommendations for Viksit Bharat 2047

Finance Minister Nirmala Sitharaman on Monday called on banking leaders to submit recommendations on reforms in the banking sector as the government prepares to constitute a high-powered committee to examine the sector's role in achieving the vision ...

August 17, 2026 1:50 PM

Indian banks in strongest position for reforms as NPAs hit record low: Sitharaman

Finance Minister Nirmala Sitharaman on Monday said non-performing assets (NPAs) in the Indian banking sector have fallen to their lowest-ever level, placing banks in a stronger position to undertake the next phase of reforms. Addressing the inaugura...

August 17, 2026 10:16 AM

Stock markets decline in early trade amid rising crude oil prices

Benchmark indices Sensex and Nifty drifted lower in early trade on Monday amid rising crude oil prices and persistent geopolitical tensions in West Asia. The 30-share BSE Sensex declined 284.85 points to 77,717.05 during initial trading. The 50-shar...

August 17, 2026 8:29 AM

Asian shares mark time as Gulf war keeps oil prices up

Asian shares drifted sideways on Monday while investors kept a wary eye on oil prices, which notched sizeable gains last week as the lack of progress towards ending the Iran war kept inflation risks tilted to the upside. Progress towards peace talks...