DDIndia Business: Economic Headlines & Updates

Business

June 25, 2025 5:28 PM

Number of India’s dollar millionaires to surge 55% by 2029: Report

India’s wealth management market is undergoing a seismic shift, with the number of dollar millionaires expected to grow by over 55 per cent from 2024 to 2029 - far outpacing the global average of 21 per cent, according to a Boston Consulting Group ...

June 25, 2025 4:50 PM

Piyush Goyal chairs review meeting on PLI scheme

Union Minister of Commerce and Industry Piyush Goyal on Wednesday chaired a high-level review meeting on the Production Linked Incentive (PLI) Scheme, underlining its critical role in making India "Aatmanirbhar" in the manufacturing sector. During th...

June 25, 2025 4:37 PM

Sensex, Nifty rise for 2nd day as geopolitical tensions ease, oil prices fall

Indian stock markets extended their gains for the second straight day on Wednesday, supported by strong buying in media and technology shares. Investors were relieved after crude oil prices dropped and tensions between Iran and Israel eased followin...

June 25, 2025 12:10 PM

Tesla’s European sales slump for fifth month as EV rivals gain momentum

Tesla's new car sales in Europe fell 27.9% in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2%, with the U.S. EV maker's revised Model Y yet to show signs of reviving the brand's fortunes. Overall car sales in ...

June 25, 2025 10:40 AM

Stock market trades higher as geopolitical tensions ease, Sensex up over 400 points

The Indian benchmark indices opened over 400 points up on Wednesday amid positive global cues, as buying was seen in the IT, auto and pharma sectors in the early trade. At around 9.25 am, Sensex was trading 445.6 points or 0.54 per cent up at 82,500...

June 24, 2025 5:00 PM

Advancing nature-positive agriculture through sustainable solutions

The Sustainability Report for 2024, titled ‘Greener Pathways- Fostering a Nature-Positive Food Future,’ demonstrates the commitment to sustainable agriculture and environmental stewardship in the Indian market. Yara India, a part of Norwegian mul...

June 24, 2025 4:57 PM

Shares rally, oil slumps as Iran-Israel ceasefire goes into effect

Oil tumbled 3%, global shares surged and the dollar dropped on Tuesday as U.S. President Donald Trump announced a ceasefire between Israel and Iran, a dramatic turnaround after the U.S. bombed Iran's nuclear sites over the weekend. Brent ...

June 24, 2025 4:20 PM

Sensex, Nifty end higher amid Iran-Israel truce tensions

The Indian stock markets ended Tuesday on a positive note, even though benchmark indices gave up most of their early gains due to fresh geopolitical concerns. After rising over 1 per cent in early trade, both the Sensex and Nifty settled with modest...

June 24, 2025 11:33 AM

India projected to see 6.5% GDP growth in FY26: S&P Global Ratings

India’s economy is projected to grow at 6.5 per cent in the current fiscal year (FY26), driven by strong domestic demand, a normal monsoon, and expected monetary easing, according to a report by S&P Global Ratings released on Tuesday. The repo...

June 24, 2025 10:32 AM

Indian stock market opens higher as geopolitical tensions ease

Equity benchmarks opened on a strong note on Tuesday, buoyed by easing geopolitical tensions in West Asia and positive cues from global markets. The rally followed an announcement by U.S. President Donald Trump declaring a ceasefire between Iran and ...