DDIndia Business: Economic Headlines & Updates

Business

September 26, 2025 8:59 PM

‘Closely monitoring, examining impact’: MEA on 100% US tariffs on branded pharma imports from Oct 1

The Ministry of External Affairs on Friday said that India is closely monitoring the impact of US President Donald Trump's announcement to impose tariffs of up to 100% on imports of branded and patented pharmaceutical drugs, effective from October 1,...

September 26, 2025 4:41 PM

Stock market ends sharply lower on US pharma tariffs, Nifty below 24,700

The Indian equity market ended the week on a negative note on Friday amid weak global cues and fresh US tariffs on certain pharmaceutical imports. Nifty Pharma plunged 470 points, or 2.14 per cent. The Sensex closed at 80,426.46, down 733.22 points,...

September 26, 2025 4:47 PM

PM Modi to launch Swadeshi 4G (5G-ready) network, 98,000 mobile towers nationwide: Jyotiraditya Scindia

Prime Minister Narendra Modi will unveil a fully indigenous, software-driven Swadeshi 4G network along with the rollout of nearly 98,000 new mobile towers across the country on September 27, said Minister of Communications & Development of North ...

September 26, 2025 4:25 PM

GST 2.0 a ‘positive tsunami’ for auto industry: Maruti Suzuki

Maruti Suzuki India Ltd (MSIL), the country’s largest passenger vehicle manufacturer, has hailed GST 2.0 as a “positive tsunami” for the auto industry. In an interview with ANI, Partho Banerjee, Senior Executive Officer, Marketing & Sales,...

September 26, 2025 3:34 PM

Festive sales jump 23–25 pc in first 2 days of Navratri over GST cuts: report

Consumer demand has seen a sharp boost this festive season, with sales rising by 23–25 per cent in the first two days of Navratri compared to last year, according to a report. The growth, driven by GST-led price cuts and strong festive sentiment, ...

September 26, 2025 3:23 PM

Industry expert says India unlikely to be impacted by US pharma tariffs

India's pharmaceutical exports are not expected to face a major impact following the recent announcement of a 100 per cent tariff on branded and patented pharmaceutical products by the US, Sudarshan Jain, General Secretary of the Indian Pharmaceutica...

September 26, 2025 3:28 PM

20.36 lakh new workers enrolled under ESI Scheme in July; 48% under 25 years

The Employees’ State Insurance Corporation (ESIC) added 20.36 lakh new employees to its rolls in July 2025, according to provisional payroll data released by the Ministry of Labour and Employment on Friday. The data shows that 31,146 new establish...

September 26, 2025 2:50 PM

MoSPI revamps digital platforms; AI push for India’s official statistical ecosystem

The Ministry of Statistics and Programme Implementation (MoSPI) on Friday unveiled a set of major digital transformation products at the 29th Conference of Central and State Statistical Organisations (CoCSSO), underlining efforts to build a transpare...

September 26, 2025 9:56 AM

Sensex, Nifty open lower over Trump’s tariffs on pharma imports

Indian equity benchmarks opened lower on Friday, tracking weakness across global markets after US President Donald Trump announced steep tariffs on pharmaceutical imports. Continued selling by foreign institutional investors (FIIs) also weighed on se...

September 26, 2025 9:10 AM

Stocks slump as Trump slaps new tariffs, Fed cut bets recede

Shares in Asia slid on Friday, with pharmaceutical companies hit hard after U.S. President Donald Trump unveiled a fresh round of punishing tariffs and as traders pared bets of sharp U.S. rate cuts following stronger-than-expected economic data. Tru...