DDIndia Business: Economic Headlines & Updates

Business

May 21, 2025 3:38 PM

EPFO adds 14.58 lakh net members in March 2025

The Employees' Provident Fund Organization (EPFO) has released its provisional payroll data for March 2025, reporting a net addition of 14.58 lakh members. This marks a year-on-year increase of 1.15% compared to March 2024, highlighting a steady rise...

May 21, 2025 1:59 PM

India’s strong domestic market cushions economy against global trade shocks: Report

India is in a stronger position than other countries to withstand global trade disruptions, in the wake of the US tariff turmoil, due to the large size of its domestic market and the country’s low dependence on goods exports, according to a Moody�...

May 21, 2025 11:55 AM

PLI scheme for food processing sector creates 2.5 lakh jobs, benefits nine lakh farmers

The Centre’s production linked incentive (PLI) scheme for the food processing sector has succeeded in attracting investments to the tune of Rs 7,000 crore and creating over 2.5 lakh jobs so far, according to a senior official of the Union Ministry ...

May 21, 2025 11:02 AM

India’s GDP growth in Q4 FY25 to remain robust around 6.4-6.5 pc: SBI report

Despite weathering effects precipitated by global upheavals, Indian economy stays largely resilient and is projected to clock a GDP growth around 6.4-6.5 per cent in Q4 FY25, an SBI report said on Wednesday. To estimate GDP statistically, the State ...

May 21, 2025 10:49 AM

Indian stock market opens higher amid mixed global cues and sectoral buying

The Indian benchmark indices opened higher on Wednesday amid mixed global cues as buying was seen in the pharma, auto, PSU bank and financial service sectors in the early trade. At around 9.35 am, Sensex was trading 296.53 points or 0.37 per cent up...

May 21, 2025 10:20 AM

Fundamentally Flawed: Nvidia CEO Huang on U.S. Export Policy Fueling China’s Own Chip Development

U.S. export controls on artificial intelligence chips to China were "a failure," Nvidia Chief Executive Jensen Huang said on Wednesday. "All in all, the export control was a failure," Huang said, adding, "The fundamental assumptions that led to the ...

May 20, 2025 2:43 PM

India’s capital markets projected to grow steadily in FY26: Report

India's capital markets are projected to grow steadily in FY26, supported by expected GDP growth of 6.2–6.5 per cent and strong domestic demand, according to a new report released on Tuesday. The Nifty 50 is anticipated to deliver 12-15 per cent r...

May 20, 2025 12:54 PM

Good discussions on expediting first tranche of India-US trade pact: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Tuesday said that he had held fruitful talks with US Commerce Secretary Howard Lutnick towards concluding the first tranche of the India-US Bilateral Trade Agreement (BTA). India and the US are wo...

May 20, 2025 11:03 AM

Sensex, Nifty open a tad lower amid nixed global cues

The domestic benchmark indices opened lower on Tuesday amid mixed global cues, with selling seen in the auto, PSU bank, and financial services sectors during early trade. At around 9:31 am, the Sensex was trading 40.79 points, or 0.05 percent, down ...

May 20, 2025 9:21 AM

Tokyo Holds Firm: Japan Demands Full Removal of U.S. Tariffs

Japan's top trade negotiator, Ryosei Akazawa, said on Tuesday there was no change to Tokyo's stance of demanding an elimination of U.S. tariffs in bilateral trade negotiations. Tokyo will not rush into clinching a trade deal if doing so risked hurti...