DDIndia Business: Economic Headlines & Updates

Business

July 22, 2025 10:59 AM

GST at Eight Years: Report Highlights Growth in Revenue and growing Women’s Inclusion in Formal Economy

There are over 1.52 crore active Goods and Services Tax (GST) registrations and one-fifth of registered GST taxpayers in India now have at least one woman, and 14 per cent of registered taxpayers have all female members (on the basis of the constitut...

July 22, 2025 10:20 AM

Sensex, Nifty open higher as banking stocks continue to gain

The Indian stock market opened in the green on Tuesday as heavyweight banking stocks continued to lead amid mixed global cues. At 9.23 am, Sensex was up 152 points or 0.19 per cent at 82,359 and Nifty was up 38 points or 0.15 per cent at 25,129. Ba...

July 22, 2025 12:11 PM

IMF’s Gita Gopinath to step down in August, return to Harvard University

Gita Gopinath, the No. 2 official at the International Monetary Fund, will leave her post at the end of August to return to Harvard University, the IMF said in a statement on Monday. IMF Managing Director Kristalina Georgieva will name a successor t...

July 21, 2025 5:40 PM

EU to ramp up retaliation plans as US tariff deal prospects dim

The European Union is exploring a broader set of possible counter-measures against the United States as prospects for an acceptable trade agreement with Washington fade, according to EU diplomats. An increasing number of EU members, including German...

July 21, 2025 5:13 PM

EPFO sees record addition of 20.06 lakh net members in May

The Employees’ Provident Fund Organisation (EPFO) reported its highest-ever net member addition in a single month, with 20.06 lakh new members joining in May 2025 — the best growth since tracking began in April 2018. This figure represents a 4.8 ...

July 21, 2025 4:30 PM

Indian stock market rebounds sharply amid buying in banking heavyweights

Snapping the losing streak, the Indian stock market closed in the positive territory on Monday, following value buying in banking heavyweights, as Sensex gained over 442 points. Sensex settled at 82,200.34, up 442.61 points or 0.54 per cent. The 30-...

July 21, 2025 4:20 PM

UPI transforms everyday life in India

India's Unified Payments Interface (UPI) has transformed how millions manage money, making the country a global leader in fast, real-time digital payments. The world is also recognizing the power of Digital India and UPI. A recent IMF note titled "Gr...

July 21, 2025 4:12 PM

UPI revolution pushes India to global lead in real-time digital payments

India has firmly established itself as a global leader in real-time digital payments, with the Unified Payments Interface (UPI) at the forefront of this transformation. According to a recent IMF note titled "Growing Retail Digital Payments: The Value...

July 21, 2025 12:45 PM

India’s GDP to grow at 6.5% in FY26; inflation expected to average 4%: Crisil

India’s gross domestic product (GDP) is projected to grow at 6.5% in the current fiscal year (FY26), driven by improving domestic consumption and other positive indicators, according to a report released by Crisil on Monday. The Crisil Intelligenc...

July 21, 2025 10:43 AM

Sensex, Nifty open flat amid India-US trade deal uncertainty

India’s benchmark indices opened on a cautious note Monday, as uncertainty surrounding the India-US trade deal weighed on investor sentiment and capped early gains. The Nifty rose 30.60 points, or 0.12 per cent, to open at 24,999, while the Sensex...