DDIndia Business: Economic Headlines & Updates

Business

January 21, 2026 4:02 PM

ECB’s Lagarde says European economy needs ‘deep review’ to face new world order

The European economy needs a "deep review" to face "the dawn of a new international order", European Central Bank President Christine Lagarde told French radio RTL on Wednesday. Lagarde said she only expected a slight inflationary effect from U.S. t...

January 21, 2026 1:13 PM

Cabinet approves ₹5,000 crore equity infusion into SIDBI to boost MSME credit

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved an equity infusion of ₹5,000 crore into the Small Industries Development Bank of India (SIDBI), a move aimed at strengthening credit flow to micro, small and medium e...

January 21, 2026 12:37 PM

Maharashtra partners with global universities to bring world-class knowledge to the state: CM Devendra Fadnavis in Davos

Chief Minister Devendra Fadnavis on Wednesday announced that Maharashtra has signed Memorandums of Understanding with renowned international universities such as MIT and Berkeley to explore new ways to improve its technology and systems. These specia...

January 21, 2026 11:29 AM

India’s economic progress and technology leadership take centre stage at Davos: Ashwini Vaishnaw

Union Minister Ashwini Vaishnaw on Wednesday said that India’s economic progress under the leadership of Prime Minister Narendra Modi has emerged as a key topic of discussion among global leaders at the World Economic Forum (WEF) annual meeting in ...

January 21, 2026 10:20 AM

Indian markets open lower amid weak global cues, risk aversion

Domestic equity benchmarks extended their weak momentum on Wednesday, opening lower amid subdued global cues and rising risk aversion. The Nifty 50 opened at 25,141, down 91.50 points or 0.36 per cent, while the BSE Sensex slipped 385.82 points, or ...

January 21, 2026 10:16 AM

Asian shares extend selloff as global bond rout fuels fresh anxiety

Asian stocks extended their losses for a third session on Wednesday, undone by heightened tensions over U.S. threats to acquire Greenland ahead of President Donald Trump's Davos speech, while a global bond rout appeared to slow for now. Fears of off...

January 21, 2026 10:12 AM

“Davos essential for staying relevant in today’s geopolitics” :CM Fadnavis

Maharashtra Chief Minister Devendra Fadnavis on Wednesday said that the World Economic Forum (WEF) annual meeting in Davos is a crucial platform for India to remain connected with global trends in innovation, technology and business. Highlighting th...

January 20, 2026 9:54 PM

Pralhad Joshi calls on global investors to partner in India’s clean energy expansion at World Economic Forum

Union Minister for New and Renewable Energy Pralhad Joshi on Tuesday urged global investors to partner with India in its rapidly expanding clean energy sector, asserting that the country offers a unique combination of scale, resilience and policy sta...

January 20, 2026 6:45 PM

India’s core sector grows 3.7% in December 2025 on higher output of cement, steel and coal

India's eight core infrastructure industries recorded a 3.7 per cent growth in December 2025, supported by higher production of cement, steel, coal, electricity and fertilisers, said the Commerce & Industry Ministry on Tuesday. The Index of Eigh...

January 20, 2026 6:24 PM

Botswana’s diamond stockpile swells as gem price slump persists

Botswana's diamond stockpile is nearly double its target inventory levels amid persistent low prices, leaving the country unable to increase gem production in the short term to lift its economy, the finance ministry has said. Botswana's economy was ...