DDIndia Business: Economic Headlines & Updates

Business

September 18, 2026 3:27 PM

Net direct tax collection rises 13 percent to Rs 12.12 lakh crore on higher advance tax mop-up

The government's net direct tax collection rose 13 per cent to over Rs 12.12 lakh crore till September 17 of the current fiscal on higher advance tax mop-up, according to the latest data released on Friday. Corporate tax mop-up grew 19.48 per cent t...

September 18, 2026 12:49 PM

Moody’s sharply raises India’s FY27 GDP forecast to 7 per cent

Moody's Ratings on Friday sharply raised India's GDP growth forecast for current fiscal to 7 per cent, from 6 per cent earlier, saying the economy has shown resilience to global shocks amid the Middle East conflict but flagged risks to inflation from...

September 18, 2026 12:16 PM

FM Sitharaman asks banks to step up financial literacy efforts for MUDRA beneficiaries

Union Finance Minister Nirmala Sitharaman on Thursday asked banks providing loans under the PM MUDRA Yojana to step up financial literacy efforts across states to help small entrepreneurs expand their businesses and bring more people under the scheme...

September 18, 2026 12:12 PM

Microsoft CEO Nadella lauds Seattle tech community’s strengthening ties with India

Microsoft Chairman and CEO Satya Nadella lauded Seattle's burgeoning technology community and its strengthening relationship with India as he addressed leading Indian-origin tech CEOs from across sectors including AI, quantum computing and enterprise...

September 18, 2026 10:27 AM

Sensex, Nifty open higher tracking Asian gains and easing crude prices; realty leads sectoral rally

Indian equity markets opened higher on Friday, with the Sensex gaining over 200 points and the Nifty crossing 23,300, tracking a broader rally in Asian markets as easing crude oil prices helped temper inflation concerns. Both the benchmark indices o...

September 18, 2026 10:19 AM

India-Nepal officials discuss trade facilitation, connectivity and market access

India and Nepal reviewed a wide range of trade, transit and connectivity issues during the meeting of the India-Nepal Inter-Governmental Sub-Committee (IGSC) on Trade, Transit and Cooperation to Control Unauthorised Trade, held in New Delhi on Septem...

September 18, 2026 10:12 AM

India positioned to lead global semiconductor drive from the front: Intel

India has positioned itself not merely to participate in the semiconductor sector but also to lead the global expansion from the front, driven by a surge in agentic artificial intelligence and a strong domestic design base, a senior Intel executive s...

September 18, 2026 9:37 AM

India welcomes New Zealand legislation to implement India-New Zealand FTA

India has welcomed the passage of legislation by the Parliament of New Zealand to give effect to the India-New Zealand Free Trade Agreement (FTA), describing it as an important step towards bringing the pact into force and strengthening bilateral eco...

September 18, 2026 8:22 AM

Stocks rise as oil dips, yen wobbles ahead of BOJ

Asian stocks rose and the dollar held its ground on Friday as investors contended with global policymakers ramping up efforts to rein in inflation, with a dip in oil prices improving sentiment ahead of an expected rate hike from the Bank of Japan. M...

September 17, 2026 4:35 PM

Stock markets close flat after US Fed rate hike; NSE IPO in focus

Benchmark indices Sensex and Nifty closed nearly flat on Thursday as caution prevailed after the US Federal Reserve increased its interest rates and indicated further tightening in monetary policy. Giving up intraday gains, the 30-share BSE Sensex d...