DDIndia Business: Economic Headlines & Updates

Business

August 2, 2025 2:07 PM

India’s economy gains momentum as inflation eases and exports surge

India’s economy is showing signs of robust growth, with inflation cooling and exports reaching new heights, offering relief to households and strengthening the nation’s global trade position. The Consumer Price Index (CPI) inflation dropped to 2...

August 2, 2025 10:51 AM

Over 1.97 lakh entities registered under ‘startup’ category on BHASKAR platform

The government has informed that 1,97,932 entities are registered under the ‘startup’ category on the BHASKAR platform (till June 30). The Bharat Startup Knowledge Access Registry (BHASKAR) enables collaboration among the entrepreneurial ecosyst...

August 1, 2025 10:46 PM

India’s forex reserves rise by $2.7 billion to $698.19 billion

India’s foreign exchange reserves increased by $2.7 billion to reach $698.19 billion for the week ending July 25, according to data released by the Reserve Bank of India (RBI) on Friday. The rise was led by foreign currency assets, which went up b...

August 1, 2025 10:44 PM

India buys oil based on global market offerings: MEA

India sources its oil purchases based on global market offerings to meet its energy needs, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said on Friday. Commenting on media reports that some Indian oil companies have stopped taking...

August 1, 2025 6:24 PM

GST collections rise 7.5% in July to Rs 1.96 lakh crore

India’s Goods and Services Tax (GST) collections rose to Rs 1.96 lakh crore in July, up 7.5 per cent from the same month of the previous year, according to government data released on Friday. The increase was driven by higher revenue from both dom...

August 1, 2025 6:22 PM

7 coal blocks auctioned in 12th round, to create 7,098 jobs: Centre

The Ministry of Coal successfully concluded the 12th round of commercial coal block auctions, with seven coal blocks awarded through forward auctions held between July 28 and July 31. This round included three fully explored and four partially explor...

August 1, 2025 4:40 PM

Indian stock markets end lower as India-US trade deal stalls

Indian stock markets ended in negative territory on Friday after the announcement of fresh tariffs by the United States on imports from India. The 25 per cent tariff declaration by US President Donald Trump impacted investor sentiment, leading to bro...

August 1, 2025 4:47 PM

India Post Payments Bank launches Aadhaar-based face authentication for digital transactions

The India Post Payments Bank (IPPB) on Friday announced the nationwide rollout of Aadhaar-based face authentication for customer transactions, a move aimed at enhancing ease of access and financial inclusion for the elderly, differently-abled and tho...

August 1, 2025 4:24 PM

Japanese banks’ investments in India growing stronger: Envoy

Japanese Ambassador to India, Ono Keiichi, on Friday said he had a detailed conversation with Reserve Bank of India (RBI) Governor Sanjay Malhotra on the expanding role of Japanese banks in India’s economy. In a post on social media platform X (fo...

August 1, 2025 4:18 PM

Trump issues executive order formalising India’s tariff at 25 percent

As the deadline for tariffs neared, US President Donald Trump imposed the threatened tariff of 25 per cent on India starting Friday as the prolonged negotiations appeared to have stalled. His executive order, issued late Thursday, did not include pe...