DDIndia Business: Economic Headlines & Updates

Business

October 9, 2025 10:39 AM

Asia stocks sweep to new highs, oil slips on Gaza ceasefire deal

Asian stock markets scored fresh highs on Thursday as investors doubled down on all things AI-related, while gold held atop $4,000 and the dollar retained its recent hefty gains. Oil prices dipped as geopolitical tensions eased a little on news that...

October 9, 2025 10:09 AM

Stock market today: Sensex, Nifty open higher amid global positivity, gold tops $4,000

The Indian stock market opened slightly higher on Thursday, with early trade showing modest gains across both key indices. At 9:17 a.m., the NSE Nifty 50 stood at 25,076.70, up by 30.55 points (0.12 per cent), while the BSE Sensex was at 81,786.73, r...

October 8, 2025 8:55 PM

India-UK chart new course for trade partnership with high-level meeting in Mumbai

Commerce and Industry Minister Piyush Goyal and UK Secretary of State for Business and Trade Peter Kyle held a bilateral meeting in Mumbai on Wednesday, reaffirming their commitment to deepen trade and investment ties between India and the United Kin...

October 8, 2025 6:25 PM

EU’s plan to phase out Russian energy clears first political hurdle

European Union countries' ambassadors on Wednesday agreed to move ahead with the bloc's plan to end Russian oil and gas imports by 2028, EU diplomats said, clearing the law's first political hurdle before governments vote on it later this month. The...

October 8, 2025 5:19 PM

SoftBank to buy ABB’s robot business for $5.4 billion in push to merge AI and robotics

SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal, as the Japanese investor forges ahead with a strategy to fuse robotics and artificial intelligence. The acquisition, announced on Wednesday...

October 8, 2025 11:06 AM

India aims for USD 100 billion in textile exports, carbon neutrality by 2030: Giriraj Singh

The Ministry of Textiles on Tuesday celebrated World Cotton Day 2025 with a strong push for sustainability, technology adoption, and export growth in the cotton sector. Union Minister of Textiles Giriraj Singh reaffirmed the government’s commitment...

October 8, 2025 10:48 AM

India and Brazil strengthen trade ties, aim for USD 20 billion bilateral trade

India and Brazil have reaffirmed their commitment to boosting bilateral trade, setting a target of USD 20 billion over the next five years. The renewed push came during the 7th meeting of the India-Brazil Trade Monitoring Mechanism (TMM), held in New...

October 8, 2025 10:48 AM

Union Commerce Minister Piyush Goyal Concludes Strategic Visit to Qatar, Eyes Doubled Trade by 2030

Union Minister of Commerce and Industry Piyush Goyal wrapped up a three-day visit to Qatar on October 7, 2025, marking a significant step forward in economic ties between the two nations as they work toward ambitious bilateral trade targets. Durin...

October 8, 2025 9:32 AM

Gold builds on historic rally, soars past $4,000 an ounce for first time

Gold pushed through $4,000 an ounce to hit a record on Wednesday, driven by investors seeking safety from mounting economic and geopolitical uncertainty, alongside expectations of further interest rate cuts by the U.S. Federal Reserve. Spot gold XAU...

October 7, 2025 11:08 PM

WTO downgrades global trade growth forecast to 0.5% for next year

The World Trade Organization sharply lowered its 2026 forecast for global merchandise trade volume growth to 0.5% on Tuesday, citing expected delayed impacts from U.S. President Donald Trump's tariffs. It marks a significant revision down from its p...