DDIndia Business: Economic Headlines & Updates

Business

August 4, 2025 4:26 PM

Net direct tax collection surges after reduction of corporate tax rates: Minister

The net direct tax collection saw strong growth in FY25 at Rs 22,26,375 crore, a 13.48 per cent year-on-year growth, as there has been an overall increase in collections after reduction of the corporate tax rates with effect from Assessment year (AY)...

August 4, 2025 3:22 PM

India poised to take larger share in global output: Morgan Stanley

India is likely to capture a larger share of global output over the next few decades, driven by strong demographic trends, improving infrastructure, and policy stability, according to a report by Morgan Stanley Research. The report highlights a comb...

August 4, 2025 2:50 PM

India’s Mutual Fund industry grows sevenfold in decade, passive funds gains ground: report

The total Assets Under Management (AUM) of the Indian Mutual Fund (MF) industry have surged to ₹74.40 lakh crore, reflecting more than a sevenfold increase over the past decade, according to a report released on Monday. Of the total AUM, equit...

August 4, 2025 10:06 AM

Sensex, Nifty open higher amid mixed global cues; auto, metal stocks gain

The Indian stock market opened on a positive note on Monday, supported by gains in auto and metal stocks, despite mixed global cues. At 9:29 am, the Sensex was up 221 points, or 0.28 per cent, at 80,821, while the Nifty rose 82 points, or 0.33 p...

August 3, 2025 3:20 PM

Jan Dhan accounts cross 55 crore mark; FM Nirmala Sitharaman urges KYC completion

The number of bank accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) has crossed the 55 crore mark, with “most of these accounts belonging to people who had never even seen the door of a bank,” Finance Minister Nirmala Sitharaman s...

August 3, 2025 12:15 PM

BSNL and NRL ink landmark MoU to deploy India’s first 5G captive non-public network in refinery sector

In a move to accelerate India’s digital transformation and industrial modernization, Bharat Sanchar Nigam Limited (BSNL) and Numaligarh Refinery Limited (NRL) signed a landmark Memorandum of Understanding (MoU) during the “Industry 4.0 Workshop f...

August 2, 2025 2:07 PM

India’s economy gains momentum as inflation eases and exports surge

India’s economy is showing signs of robust growth, with inflation cooling and exports reaching new heights, offering relief to households and strengthening the nation’s global trade position. The Consumer Price Index (CPI) inflation dropped to 2...

August 2, 2025 10:51 AM

Over 1.97 lakh entities registered under ‘startup’ category on BHASKAR platform

The government has informed that 1,97,932 entities are registered under the ‘startup’ category on the BHASKAR platform (till June 30). The Bharat Startup Knowledge Access Registry (BHASKAR) enables collaboration among the entrepreneurial ecosyst...

August 1, 2025 10:46 PM

India’s forex reserves rise by $2.7 billion to $698.19 billion

India’s foreign exchange reserves increased by $2.7 billion to reach $698.19 billion for the week ending July 25, according to data released by the Reserve Bank of India (RBI) on Friday. The rise was led by foreign currency assets, which went up b...

August 1, 2025 10:44 PM

India buys oil based on global market offerings: MEA

India sources its oil purchases based on global market offerings to meet its energy needs, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said on Friday. Commenting on media reports that some Indian oil companies have stopped taking...