DDIndia Business: Economic Headlines & Updates

Business

June 11, 2026 4:24 PM

Sensex, Nifty end lower amid rising West Asia tensions; IT stocks drag indices down

Indian equity benchmark indices ended a volatile trading session lower on Thursday as investor sentiment weakened amid escalating geopolitical tensions in West Asia following fresh military action by the United States against Iran. The Nifty closed ...

June 11, 2026 10:13 AM

Sensex, Nifty trade lower in early deals amid geopolitical concerns

Domestic equity benchmarks traded lower on Thursday in the morning session amid escalating tensions in West Asia and a sharp rise in crude oil prices. Sensex declined over 450 points or 0.62 per cent to touch an intraday low of 73,518 in early trade...

June 11, 2026 9:29 AM

Global shares retreat as techs extend losses, US strikes on Iran lift oil

Asian stocks fell on Thursday, weighed down by a Wall Street selloff after a hotter-than-expected U.S. inflation reading, while renewed U.S. strikes on Iran fuelled a rise in oil prices. MSCI's broadest index of Asia-Pacific shares outside Japan was...

June 10, 2026 9:26 PM

Industry body plans to channel Rs 1 lakh crore investments into West Bengal

The Indian Chamber of Commerce (ICC) has outlined plans to facilitate investments worth Rs 1 lakh crore in West Bengal through its member companies, signalling strong industry confidence in the state's economic potential and growth prospects, the Min...

June 10, 2026 8:16 PM

ECLGS 5.0 crosses 1 lakh guarantees, covers Rs 48,484 crore in loans: Govt

The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has crossed a major milestone, with the total number of guarantees issued under the scheme surpassing the one lakh mark, according to official data released on Wednesday. As of June 9, 2026, a t...

June 10, 2026 8:08 PM

Govt extends credit guarantee scheme for microfinance institutions

The Central Government has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) up to August 31, 2026, or till guarantees for an amount of Rs 20,000 crore are issued, whichever is earlier. The Government has also appro...

June 10, 2026 4:34 PM

Government Approves 96 Companies Under Textile PLI Scheme; ₹12,822 Crore Investment Expected

The government has approved 22 new applicants under the third round of the Production Linked Incentive (PLI) Scheme for Textiles, taking the total number of approved companies under Round-III to 96. According to the Ministry of Textiles, the newly a...

June 10, 2026 4:17 PM

Sensex ends higher, Nifty slips as metal, PSU bank stocks drag

Indian benchmark indices ended on a mixed note on Wednesday, with the Sensex closing marginally higher while the Nifty slipped into the red as selling pressure in metal, PSU bank and realty stocks erased a large part of the day's gains. The Sensex r...

June 10, 2026 10:08 AM

Indian markets trade higher despite West Asia tensions

Domestic equity markets traded higher on Wednesday in the morning session despite elevated geopolitical tensions and rising crude oil prices. Sensex gained as much as 0.59 per cent or over 400 points to touch an intraday high of 74,356 in early trad...

June 10, 2026 10:04 AM

Google Cloud outage in India after third-party data centre fire triggers shutdown

Alphabet's Google Cloud said on Tuesday that some customers in India experienced intermittent network disruptions after a fire at a third-party data centre triggered an emergency shutdown of networking equipment. The cloud-computing unit said the fi...