DDIndia Business: Economic Headlines & Updates

Business

June 4, 2026 3:19 PM

Steel Sector Maintains Growth Momentum as Demand Rises 9% in May

India's steel sector maintained its growth trajectory in May 2026, recording year-on-year increases in production and consumption, supported by sustained demand from infrastructure, construction and manufacturing sectors. According to data relea...

June 4, 2026 2:50 PM

Maruti Suzuki Unveils India’s First Flex-Fuel WagonR Capable of Running on 100% Ethanol

Maruti Suzuki India on Thursday unveiled the WagonR Flex Fuel, India's first mass-market passenger vehicle capable of operating on ethanol-petrol blends ranging from E20 to E100, marking a significant step in the country's transition towards alternat...

June 4, 2026 1:44 PM

India emerging as trusted global investment destination, says Piyush Goyal at Citi India Conference 2026

India has emerged as one of the world’s most trusted investment destinations and is poised to remain the fastest-growing major economy for decades, Union Commerce and Industry Minister Piyush Goyal said while addressing the Citi India Conference 20...

June 4, 2026 11:07 AM

Hero MotoCorp launches flex-fuel motorcycles; Gadkari, Puri pitch biofuels as key to India’s mobility future

Hero MotoCorp on Wednesday launched its first flex-fuel motorcycles, the Splendor+ and HF Deluxe Flex Fuel, with Union ministers Nitin Gadkari and Hardeep Singh Puri describing the move as a significant step towards cleaner transportation, lower oil ...

June 4, 2026 11:53 AM

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way. The company’s decis...

June 4, 2026 10:38 AM

Guwahati Tea Auction Centre Sets New Benchmarks for Premium Tea Prices

The Guwahati Tea Auction Centre (GTAC) has recorded fresh milestones in premium tea sales, reinforcing its position as a leading marketplace for quality tea and rewarding producers for their sustained focus on excellence. According to Dinesh Bihani,...

June 4, 2026 10:00 AM

Indian markets open lower on weak global cues, West Asia tensions weigh

Domestic equity markets opened lower on Thursday, tracking weak global cues amid geopolitical uncertainty in West Asia and selling pressure across the US and Asian equities. Sensex opened at 73,935.83, down 0.55 per cent or 410 points, while Nifty f...

June 4, 2026 10:32 AM

Global stocks slide on flare-up in Middle East fighting; oil eases off highs

Asian stocks fell on Thursday as renewed fighting between the U.S. and Iran rattled investors, although oil slipped from recent highs after Israel and Lebanon agreed to a ceasefire. MSCI's broadest index of Asia-Pacific shares outside Japan was down...

June 3, 2026 10:21 PM

Centre Launches ‘Navachar Mantra’ to Support Grassroots Innovators, Applications Open Till July 5

The Ministry of Skill Development and Entrepreneurship (MSDE) on Wednesday launched ‘Navachar Mantra’, a national initiative aimed at identifying, nurturing and scaling grassroots innovations and early-stage entrepreneurship across India, with a ...

June 3, 2026 9:55 PM

CEPA with Oman comes as big boost for India’s textile sector

The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which came into force this week, provides significant market access opportunities for India’s textiles and apparel sector to expand exports in a key Gulf market. Oman has accord...