DDIndia Business: Economic Headlines & Updates

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June 11, 2025 3:55 PM

India’s defence exports surge 34-fold in 11 years of Modi government

India’s defence sector has undergone a remarkable transformation over the past eleven years, with exports reaching a record high of ₹23,622 crore in 2024–25. This marks a 34-fold increase from ₹686 crore in 2013–14, underlining the Modi gov...

June 11, 2025 11:58 AM

Piyush Goyal proposes dedicated Swiss Enclave in India to strengthen bilateral ties with Switzerland

Union Commerce and Industry Minister Piyush Goyal on Tuesday highlighted India’s transformative growth story and vast opportunities for collaboration at the Swissmem Industry Day in Switzerland. Addressing a gathering of leading Swiss industrialist...

June 11, 2025 10:32 AM

Sensex, Nifty trade steady; oil & gas, metal stocks support market

Indian equity markets opened nearly flat on Wednesday, continuing their consolidation trend as sectoral performance remained mixed. The Sensex rose by 59 points to 82,451 and the Nifty 50 was up 18.55 points at 25,122 in early trade. Gains were led ...

June 11, 2025 9:44 AM

US, China reach deal to ease export curbs, keep tariff truce alive

U.S. and Chinese officials said on Tuesday they had agreed on a framework to put their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade difference...

June 10, 2025 11:51 PM

World Bank pegs India’s growth at 6.3 pc for FY26, country remains fastest growing economy

The World Bank on Tuesday kept India's economic growth projection at 6.3 per cent for FY 2025-26, as the country remains the fastest growing economy globally. "In the next two fiscal years, starting in FY2026/27, growth is expected to recover to 6.6...

June 10, 2025 4:37 PM

Lutnick says US-China trade talks going well on second day

U.S. Commerce Secretary Howard Lutnick said on Tuesday trade talks with China were going well as the two sides met for a second day in London, seeking a breakthrough on export controls that have threatened a fresh rupture between the superpowers. U....

June 10, 2025 4:33 PM

Indian markets end flat amid ongoing consolidation phase

The Indian stock market closed largely unchanged on Tuesday, reflecting a continuation of the ongoing consolidation phase. The BSE Sensex slipped 53.49 points to settle at 82,391.72, while the NSE Nifty inched up by a single point to end at 25,104.25...

June 10, 2025 3:01 PM

Piyush Goyal deepens India–Switzerland trade ties, urges Swiss firms to invest under TEPA

Union Commerce and Industry Minister Piyush Goyal met with top Swiss business leaders in Bern on Monday to boost bilateral economic ties. The discussions, held under the framework of the recently signed Trade and Economic Partnership Agreement (TEPA)...

June 10, 2025 2:47 PM

RBI to discontinue daily Variable Rate Repo auctions amid liquidity surplus

The Reserve Bank of India (RBI) on Tuesday announced that it will discontinue daily Variable Rate Repo (VRR) auctions from June 11, 2025, in light of a growing liquidity surplus in the banking system, which currently stands at approximately ₹3 lakh...

June 10, 2025 12:07 PM

Indian corporates to double capital spending to $800-$850 billion over next 5 years

Indian corporates are projected to double their capital spending to $800 billion-$850 billion over the next five years, which will be largely financed by operating cash flows and facilitated by ample domestic funding options, said an S&P Global R...

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