DDIndia Business: Economic Headlines & Updates

Business

July 7, 2026 5:14 PM

Sensex, Nifty end marginally lower amid profit booking; IT stocks buck trend

Indian benchmark equity indices ended marginally lower on Tuesday as profit booking in the second half of the trading session, weak cues from Asian markets and caution ahead of the release of the US Federal Reserve's meeting minutes weighed on invest...

July 7, 2026 5:08 PM

Delhi Metro sets up subsidiary to expand transit consultancy, operations business globally

Delhi Metro Rail Corporation (DMRC) has set up a wholly-owned subsidiary, Delhi Metro International Limited (DMIL), to expand its consultancy, operations and maintenance business in India and overseas, as it looks to leverage its experience in buildi...

July 7, 2026 3:12 PM

Passenger EV Sales Surge 108%, Electric Two-Wheelers Up 75% in June: FADA

Retail sales of electric vehicles (EVs) continued to register strong growth across major vehicle segments in June 2026, with electric passenger vehicle sales more than doubling year-on-year, while electric two-wheelers, three-wheelers and commercial ...

July 7, 2026 3:13 PM

India’s auto component sector grows 12.7% in FY26, but imports outpace exports: ACMA

India's auto component industry grew strongly by 12.7 per cent in FY26 with exports growing 5 per cent, however, imports grew faster than exports, widening trade deficit, as per a report by Automotive Component Manufacturers Association of India. Th...

July 7, 2026 2:54 PM

Global FDI up 6% in 2025, ending two years of decline, says UN

Global foreign direct investment (FDI) rose by 6% last year to $1.6 trillion, the U.N. trade body said on Tuesday, ending two years of decline even as the recovery remains largely uneven. In a sign of the uneven recovery, developed economies recorde...

July 7, 2026 2:20 PM

ECLGS 5.0 surpasses 4.11 lakh guarantees with Rs 1.55 lakh crore amount: Govt

The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has issued 4,11,497 guarantees since its launch, with the guaranteed amount reaching Rs 1,55,229 crore - a sign of the scheme's rapid absorption across the lending ecosystem, the government said ...

July 7, 2026 1:51 PM

GIFT City signs MoU with Vietnam’s Da Nang financial hub to boost investment

India’s International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) on Tuesday partnered with the newly established Vietnam International Financial Center–Da Nang (VIFC-DN) to exchange institutional knowle...

July 7, 2026 1:16 PM

Gold, silver prices fall up to 2 per cent on weak global cues

Gold and silver prices extended their losses for a second consecutive session on Tuesday, with both precious metals declining by up to 2 per cent amid weakness in global markets. On the Multi Commodity Exchange (MCX), gold futures (August 5) opened ...

July 7, 2026 11:11 AM

Piyush Goyal urges leather, footwear industry to target $15 billion exports in next 5-6 years

Union Commerce and Industry Minister Piyush Goyal on Monday called upon the leather and footwear industry to target at least $15 billion in exports over the next five to six years, urging the sector to aim for three-fold growth by leveraging Free Tra...

July 7, 2026 10:30 AM

Sensex, Nifty extend gains in early trade amid positive global cues

Domestic benchmark equity indices extended their gains in early trade on Tuesday, supported by positive global market cues and improving investor sentiment. The BSE Sensex opened 95.62 points, or 0.12 per cent, higher at 78,380.69, while the NSE Nif...