DDIndia Business: Economic Headlines & Updates

Business

July 28, 2025 10:03 AM

Sensex, Nifty trade lower; IT stocks continue to decline

The Indian stock market opened in the red on Monday, led by continued selling pressure in information technology (IT) stocks. At 9:29 a.m., the Sensex slipped 242 points or 0.30 per cent to 81,220, while the Nifty declined 63 points or 0.26 per cent...

July 28, 2025 10:13 AM

US and EU avert trade war with 15% tariff deal

The U.S. struck a framework trade agreement with the European Union on Sunday, imposing a 15% import tariff on most EU goods - half the threatened rate - and averting a bigger trade war between the two allies that account for almost a third of global...

July 27, 2025 6:35 PM

India-UK FTA reflects nation’s growing strength: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Sunday said that the India-UK Free Trade Agreement (FTA) reflects the growing strength and global standing of the country. Speaking to the media on the sidelines of a felicitation ceremony here, t...

July 26, 2025 2:30 PM

India’s seafood industry set for 70% export surge to UK with CETA

India’s seafood industry is poised for significant growth following the signing of the Comprehensive Economic and Trade Agreement (CETA) with the United Kingdom on July 24. The landmark agreement, formalized in the presence of Prime Minister Narend...

July 25, 2025 10:26 PM

Anuradha Thakur nominated as director on RBI Central Board

The Central Government has nominated Anuradha Thakur, Secretary of the Department of Economic Affairs, as a Director on the Central Board of the Reserve Bank of India (RBI), replacing Ajay Seth. According to an official release issued on Friday, Tha...

July 25, 2025 5:03 PM

India-United Kingdom Free Trade Agreement: A Diplomatic Win

Prime Minister Narendra Modi concluded his visit to the United Kingdom, signing the Free Trade Agreement with the island nation. The FTA was being negotiated for a few years now, and the signing marks an important diplomatic win for the Modi Governme...

July 25, 2025 5:19 PM

UPI payments need to be made financially sustainable for long-term viability: RBI Governor

The era of completely free digital transactions via the Unified Payments Interface (UPI) may not last forever, RBI Governor Sanjay Malhotra said on Friday, adding that the UPI framework should be made financially sustainable going forward. Speaking ...

July 25, 2025 4:04 PM

India–UK FTA will boost Indian manufacturing, services: RBI Governor

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said the India–UK Free Trade Agreement (FTA) is expected to provide a boost to multiple sectors of the Indian economy, including manufacturing and services. Speaking at an event in Mum...

July 25, 2025 1:11 PM

India-UK FTA a “landmark economic achievement”: TPCI

The Trade Promotion Council of India (TPCI) has termed the India-UK Free Trade Agreement (FTA) a “landmark economic achievement,” saying it will open up new opportunities for Indian exporters across key sectors. Calling the deal “visionary,”...

July 25, 2025 12:02 PM

Indian auto component makers will benefit from duty reduction on imports under India-UK CETA: Sunil Mittal

The reduction in import duties on automobiles under the newly signed India-UK Comprehensive Economic and Trade Agreement (CETA) will ultimately benefit Indian auto component manufacturers according to Sunil Bharti Mittal, Chairman of Bharti Enterpris...