DDIndia Business: Economic Headlines & Updates

Business

August 1, 2025 3:30 PM

India’s export loss due to higher US tariffs limited to 0.3 to 0.4 pc of GDP: Report

The direct export loss from the higher US tariffs announced on Indian exports could be limited to around 0.3-0.4 per cent of its GDP as the country’s largely domestic-driven economy and its relatively low share of goods exports to the US should pro...

August 1, 2025 12:45 PM

India’s manufacturing PMI rises to 16-month high in July despite global uncertainties

India’s manufacturing sector gained momentum in the month of July as Purchasing Managers’ Index (PMI) rose to a 16-month high of 59.1, up from 58.4 in June, despite global uncertainties and US tariffs, according to data released by S&P Global...

August 1, 2025 12:21 PM

Trump increases tariff on Canada to 35% from 25%, cites fentanyl

U.S. President Donald Trump on Thursday signed an executive order increasing tariffs on Canadian goods to 35% from 25% on all products not covered by the U.S.-Mexico-Canada trade agreement, the White House said. Goods transshipped to anoth...

August 1, 2025 11:32 AM

Reinvigorate ‘Made in India’ as hallmark of unquestionable quality amid US tariffs: SBI report

The imposition of 25 per cent tariff on India with penalty is a "bad business decision" but the mysterious forces of global supply chain will auto adjust and cushion the impact, and Indian businesses and firms would do well to reinvigorate the 'Made ...

August 1, 2025 10:31 AM

Nifty, Sensex open lower as new Trump tariffs take effect

Indian equity markets opened lower on Friday, tracking weak global cues following the announcement of new tariffs by former U.S. President Donald Trump. The pharmaceutical sector bore the brunt, with the Nifty Pharma index falling 2.75 per cent. At ...

August 1, 2025 10:45 AM

Manufacturing to research, India playing key role in new foldable series: Samsung

From local manufacturing to research and development, India has a significant role in the development of the new foldable series, JB Park, President and CEO, Samsung Southwest Asia, said on Friday. According to him, the company engineers from the Be...

July 31, 2025 11:35 PM

US appeals court scrutinizes Trump’s use of tariffs as trade deadline looms

U.S. appeals court judges sharply questioned on Thursday whether President Donald Trump's tariffs were justified by the president's emergency powers, as lawyers for states and businesses challenging the measures argued he exceeded his authority. The...

July 31, 2025 7:44 PM

Trump tariffs face key test at US appeals court

A U.S. appeals court on Thursday will review President Donald Trump's power to impose tariffs, after a lower court said he exceeded his authority with sweeping levies on imported goods. The U.S. Court of Appeals for the Federal Circuit in Washington...

July 31, 2025 4:26 PM

Markets end lower amid volatility; FMCG stocks lend support

Indian equity markets closed marginally lower on Thursday after a volatile trading session marked by global uncertainties. Despite the imposition of tariffs by the United States on Indian imports, domestic indices managed to avert a sharp selloff, bu...

July 31, 2025 3:28 PM

Tata Motors announces euro 3.8 billion acquisition of Iveco Group

Tata Motors Limited has announced plans to acquire Iveco Group N.V., a leading European commercial vehicle and mobility company, through an all-cash voluntary tender offer valued at approximately €3.8 billion. The proposed acquisition is subject t...