DDIndia Business: Economic Headlines & Updates

Business

May 19, 2025 12:56 PM

FTA likely to double India’s apparel, textile exports to UK: Report

India's apparel and home textiles exports to the UK are expected to double from the current levels in the next 5-6 years, with the bilateral free trade agreement (FTA) scheduled to become operational in calendar year 2026, according to an ICRA report...

May 19, 2025 11:47 AM

Rupee strengthens, gold rallies amid global uncertainty

The Indian rupee opened 12 paise stronger at 85.44 against the US dollar on Monday, supported by favorable global cues and market optimism. The rupee had closed at 85.52 per dollar on Friday. At the same time, gold prices surged nearly 1 percent in ...

May 19, 2025 11:16 AM

Indian stock market opens flat amid mixed global cues

Indian benchmark indices opened flat on Monday amid mixed global cues, as selling was seen in the IT sector in the early trade. At around 9.32 am, Sensex was trading 3.88 points or 0.00 per cent up at 82,326.71 while the Nifty climbed 14.70 point or...

May 18, 2025 11:12 AM

Outlook for Nifty remains bullish, adopt buy-on-dips strategy: analysts

Indian equity benchmarks took a breather from their recent rally last week, with the Nifty ending just above the psychological 25,000 mark. Despite this pause, momentum indicators suggest a bullish setup going into the coming week, according to marke...

May 17, 2025 1:36 PM

Foreign investors return strongly, pump ₹8,831 crore into Indian markets

Foreign Portfolio Investors (FPIs) continued their buying spree in Indian equities for the third consecutive session on Friday, investing ₹8,831.1 crore — the highest single-day inflow since March 27, according to provisional data from the Nation...

May 16, 2025 7:25 PM

India’s forex reserves surge by $4.5 billion to cross $690.6 billion mark

India’s foreign exchange reserves jumped by $4.5 billion to reach $690.62 billion for the week ended May 9, according to data released by the Reserve Bank of India (RBI) on Friday. Foreign currency assets, the largest component of the reserves, ro...

May 16, 2025 5:55 PM

India’s GDP growth in Q4 of 2024–25 expected at 6.8–7%: report

The Indian economy is projected to grow at a rate of 6.8–7 per cent in the fourth quarter of the financial year 2024–25, largely driven by the agriculture sector, according to a report released by Bank of Baroda on Friday. For the full financial...

May 16, 2025 4:53 PM

APEC highlights ‘fundamental challenges’ in global trade as tariffs overshadow meeting

The Asia-Pacific Economic Cooperation group adopted a statement on Friday that cited "fundamental challenges" facing the global trading system, but stopped short of discussing a joint response to U.S. tariffs looming large over its meeting. The...

May 16, 2025 4:24 PM

India’s current sugar season to end with 52 lakh tonnes of buffer stock: ISMA

India’s 2024–25 sugar season is projected to conclude with a net sugar production of approximately 261 to 262 lakh tonnes, leaving a comfortable buffer stock of 52 lakh tonnes to meet domestic demand, the Indian Sugar & Bio-energy Manufacture...

May 16, 2025 4:57 PM

IIFT sets up first overseas campus in Dubai, marking historic step in global expansion

In a major stride towards internationalising Indian higher education, the Indian Institute of Foreign Trade (IIFT) has announced the establishment of its first overseas campus in Dubai, United Arab Emirates. The move marks a significant milestone in ...