DDIndia Business: Economic Headlines & Updates

Business

July 23, 2025 6:55 PM

Mobile phone exports rise 127 times in a decade, says govt

India’s mobile manufacturing sector has witnessed an extraordinary transformation over the past decade, driven by the government’s Production Linked Incentive (PLI) Scheme and other policy reforms. Mobile phone exports from India surged from ₹1...

July 23, 2025 4:50 PM

Govt clears six semiconductor projects worth ₹1.55 lakh crore, over 27,000 jobs on cards

The Centre has so far approved six semiconductor manufacturing projects, entailing a cumulative investment of around ₹1.55 lakh crore. These are expected to generate over 27,000 direct jobs, the Parliament was informed on Wednesday. Minister of St...

July 23, 2025 4:46 PM

Indian stock market surges amid value buying, Sensex jumps 540 points

The Indian stock market settled in positive territory on Wednesday following buying in banking, financial services, automobiles and healthcare sectors amid positive global cues surrounding the US-Japan trade pact. Sensex closed at 82,726.64, up 539....

July 23, 2025 4:29 PM

ADB projects India’s GDP to grow at 6.5% in 2025, 6.7% in 2026 amid strong domestic demand

The Asian Development Bank (ADB) on Wednesday projected that India’s GDP will grow at 6.5% in 2025 and a robust 6.7% in 2026, driven by strong domestic demand, a normal monsoon, and monetary easing. Inflation in India is expected to stay well with...

July 23, 2025 3:41 PM

India has 8.52 million tonnes reserves of rare earth elements: Jitendra Singh

India has approximately 7.23 million tonnes of rare earth elements oxide (REO) contained in 13.15 MT monazite (a mineral of Thorium and Rare Earths) occurring in the coastal beach, teri and red sand and inland alluvium in parts of Andhra Pradesh, Odi...

July 23, 2025 3:23 PM

India to be third-largest economy by 2028: Morgan Stanley

India is expected to become the world’s third-largest economy by 2028 and more than double its GDP to $10.6 trillion by 2035, according to a Morgan Stanley report released on Wednesday. The report estimates that three to five Indian states — inc...

July 23, 2025 12:39 PM

Nifty, Sensex open with gains on US-Japan trade deal optimism

Indian stock markets continued their upward momentum on Wednesday, with both key indices, the Nifty 50 and the BSE Sensex, posting early gains. This positive movement came as investor confidence received a major boost following the recent trade agre...

July 23, 2025 11:55 PM

PM Modi’s fourth UK visit to spotlight $53.75 billion bilateral trade and FTA gains

Prime Minister Narendra Modi embarked on a two-nation visit on Wednesday, beginning with an official tour to the United Kingdom at the invitation of UK Prime Minister Keir Starmer from July 23-24. This marks PM Modi’s fourth visit to the UK, reflec...

July 22, 2025 3:41 PM

India expected to clock 6.6 pc growth in FY26 despite uncertain global outlook

India is expected to expand close to its trend growth in FY26, supported by better consumption demand on recent monetary easing, income tax reductions, good monsoon rains, and the prospect of continued lower oil prices, according to a report on Tuesd...

July 22, 2025 3:31 PM

PLI schemes see actual investment of Rs 1.76 lakh crore, create over 12 lakhs jobs: Minister

The production-linked incentive (PLI) schemes have realised actual investment of Rs 1.76 lakh crore till March 2025 across 14 sectors, which has resulted in incremental production/sales of over Rs 16.5 lakh crore and employment generation of over 12 ...