DDIndia Business: Economic Headlines & Updates

Business

April 11, 2025 3:48 PM

India Weaves Growth: Silk production rises to 38,913 MT, exports cross Rs. 2,000 crore, benefiting over 78,000 under government schemes

India’s silk story is not just about tradition—it's a tale of transformation and triumph. In 2023-24, the country produced 38,913 metric tonnes of raw silk and exported silk products worth Rs. 2,027.56 crore, solidifying its position as the world...

April 11, 2025 2:50 PM

In the era of tariff wars, India is on the right side of economics

President Donald Trump’s second elevation to the White House has ushered a domino effect in the global markets. Swinging like a pendulum, the markets are surviving between news cycles dominated by announcements from the Oval Office. Within a week, ...

April 11, 2025 2:41 PM

India ready for urgent trade talks amid tough US stance: Jaishankar

External Affairs Minister (EAM), S. Jaishankar, said on Friday that India is prepared for a high degree of urgency in the trade talks with the US as it faces a very challenging situation with the Trump administration fundamentally changing America’...

April 11, 2025 12:24 PM

India poised to outperform emerging markets amid global uncertainty: Jefferies

Global brokerage firm Jefferies has issued an "overweight" rating on India, citing the country’s resilience and potential to outperform other emerging markets (EMs) despite growing global economic uncertainties. In its latest research note, Jefferi...

April 11, 2025 3:45 PM

Dollar sinks to decade-low vs Swiss franc as US hit by loss of confidence

The dollar slumped on Friday as waning confidence in the U.S. economy prompted investors to ditch U.S. assets to the benefit of safe havens such as the Swiss franc, yen, and euro, as well as gold. The yellow metal recorded a new all-time peak, and t...

April 11, 2025 10:32 AM

Sensex, Nifty rally as Trump delays tariffs

India’s benchmark indices surged on Friday, buoyed by US President Donald Trump’s decision to pause reciprocal tariffs for 90 days on several countries, including India. The BSE Sensex jumped 1,061.26 points to open at 74,941.53, while the NSE N...

April 11, 2025 11:52 AM

Trump’s tariff pause brings little relief as recession risk lingers

A week of turmoil unleashed by U.S. President Donald Trump's tariffs showed little sign of easing on Friday, with markets again tumbling and foreign leaders trying to work out how to respond to a dismantling of the world trade order. Battered financ...

April 11, 2025 9:01 AM

Global stocks, dollar sink, bonds pummelled again as trade war roils markets

Global stocks slumped and the dollar sank further on Friday, while a manic bond selloff took hold in a brutal end to the week of tit-for-tat worldwide tariffs that have fed fears of a deep recession and shaken investor confidence in U.S. assets. The...

April 10, 2025 9:13 PM

India and UK reaffirm free trade agreement, support supply chains

Amid the changing world trade order, India and the UK have reaffirmed their commitment to furthering the bilateral relations between the two nations, including continuing negotiations at pace towards a mutually beneficial Free Trade Agreement (FTA) a...