DDIndia Business: Economic Headlines & Updates

Business

September 19, 2025 1:13 PM

From importer to export leader: India’s mobile revolution fuels economic growth

India’s telecom revolution has transformed the humble mobile phone into a powerful driver of economic growth and social inclusion. From banking and education to entertainment and e-governance, mobiles have become an indispensable part of everyday l...

September 19, 2025 11:53 AM

MeitY unveils logo, flagship initiatives for India-AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY) on Thursday officially unveiled the logo and key initiatives for the India-AI Impact Summit 2026, a landmark event set to position India as a global hub for responsible and inclusive arti...

September 19, 2025 10:39 AM

India’s premium smartphone market to see 18 pc sales growth this festive season

The Indian premium smartphone market is set to see 18 per cent growth (year-on-year) in sales and 24 per cent rise in market value in the upcoming festive season, a report showed on Friday. Within the premium segment, super-premium smartphones (Rs 5...

September 19, 2025 10:14 AM

Piyush Goyal Begins UAE Visit with Focus on Trade, Investment, and Emerging Sectors

Commerce and Industry Minister Piyush Goyal on Thursday began a two-day visit to the United Arab Emirates aimed at strengthening trade and investment ties, while expanding collaboration in education, technology, and emerging sectors. Goyal co-chaire...

September 19, 2025 10:10 AM

Sensex, Nifty open marginally lower amid mixed global cues

The Indian benchmark indices opened marginally lower on Friday, with IT stocks leading the losses in early trade. As of 9.26 am, Sensex was down 241 points or 0.29 per cent at 82,772 and Nifty was down 63 points or 0.25 per cent at 25,360. The US F...

September 19, 2025 10:07 AM

China’s DeepSeek says its hit AI model cost just $294,000 to train

Chinese AI developer DeepSeek said it spent $294,000 on training its R1 model, much lower than figures reported for U.S. rivals, in a paper that is likely to reignite debate over Beijing's place in the race to develop artificial intelligence. The ra...

September 19, 2025 9:59 AM

GST reduction on drones to encourage wider adoption, boost domestic manufacturing

The government's move to slash the Goods and Services Tax (GST) on unmanned aircraft systems (drones) from the earlier 18–28 percent range to a uniform 5 percent, is expected to accelerate drone adoption across sectors and boost domestic manufactur...

September 18, 2025 9:18 PM

GST rate cuts on 11 Bengal-specific items will boost state’s economy: Sitharaman

Union Finance Minister Nirmala Sitharaman on Thursday said that while citizens across the country would benefit from the GST rate cuts, 11 Bengal-specific items had been brought under the 5 per cent tax slab to support the state’s economy and its p...

September 18, 2025 8:52 PM

SEBI clears Adani Group of all allegations in Hindenburg Case

The Securities and Exchange Board of India (SEBI) has cleared the Adani Group and its associated entities of all allegations made in the Hindenburg case, stating that the charges “are not established.” In its order issued on Thursday, SEBI said ...

September 18, 2025 4:45 PM

Nvidia bets big on Intel with $5 billion stake and chip partnership

Nvidia on Thursday said it will invest $5 billion in Intel, throwing its heft behind the struggling U.S. chip foundry, but stopped short of giving Intel a crucial manufacturing deal. The pact, which also includes a plan for Intel and Nvidia to joint...