DDIndia Business: Economic Headlines & Updates

Business

June 12, 2025 9:51 AM

Sensex, Nifty trade flat in early session amid sectoral weakness

Indian benchmark indices opened on a flat note on Thursday as investors remained cautious ahead of key retail inflation data. Early trade witnessed selling pressure in the auto, IT, and PSU Bank sectors. As of 9:28 a.m., the Sensex was trading 69.22...

June 11, 2025 10:36 PM

Centre slashes import duty on crude edible oils to ease prices

In a bid to curb rising edible oil prices, the Central Government has reduced the Basic Customs Duty (BCD) on major crude edible oils—sunflower, soybean, and palm—from 20% to 10%. This policy shift, effective immediately, increases the import dut...

June 11, 2025 8:42 PM

India’s PSUs and PSBs turn into wealth creators in last 11 years

The Prime Minister Narendra Modi-led government has strengthened India’s public sector undertakings (PSUs) in the last 11 years, turning them into wealth creators and making them integral to the nation’s growth, the data-focused X handle infoinda...

June 11, 2025 4:32 PM

Piyush Goyal bolsters economic ties with Switzerland and Sweden, advances TEPA implementation

Union Commerce and Industry Minister Piyush Goyal wrapped up a productive two-day visit to Switzerland on June 9-10, and began official engagements in Sweden on Wednesday, reinforcing India’s strategic economic partnerships with both nations. “T...

June 11, 2025 4:14 PM

Sensex ends in green amid volatility, investors await key macroeconomic data

The Indian stock market ended higher after a volatile session on Wednesday, with the Sensex rising 123.42 points, or 0.15 per cent, to close at 82,515.14. The Nifty also advanced 37.15 points, or 0.15 per cent, to settle at 25,141.40. Despite the ga...

June 11, 2025 3:55 PM

India’s defence exports surge 34-fold in 11 years of Modi government

India’s defence sector has undergone a remarkable transformation over the past eleven years, with exports reaching a record high of ₹23,622 crore in 2024–25. This marks a 34-fold increase from ₹686 crore in 2013–14, underlining the Modi gov...

June 11, 2025 11:58 AM

Piyush Goyal proposes dedicated Swiss Enclave in India to strengthen bilateral ties with Switzerland

Union Commerce and Industry Minister Piyush Goyal on Tuesday highlighted India’s transformative growth story and vast opportunities for collaboration at the Swissmem Industry Day in Switzerland. Addressing a gathering of leading Swiss industrialist...

June 11, 2025 10:32 AM

Sensex, Nifty trade steady; oil & gas, metal stocks support market

Indian equity markets opened nearly flat on Wednesday, continuing their consolidation trend as sectoral performance remained mixed. The Sensex rose by 59 points to 82,451 and the Nifty 50 was up 18.55 points at 25,122 in early trade. Gains were led ...

June 11, 2025 9:44 AM

US, China reach deal to ease export curbs, keep tariff truce alive

U.S. and Chinese officials said on Tuesday they had agreed on a framework to put their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade difference...

June 10, 2025 11:51 PM

World Bank pegs India’s growth at 6.3 pc for FY26, country remains fastest growing economy

The World Bank on Tuesday kept India's economic growth projection at 6.3 per cent for FY 2025-26, as the country remains the fastest growing economy globally. "In the next two fiscal years, starting in FY2026/27, growth is expected to recover to 6.6...