DDIndia Business: Economic Headlines & Updates

Business

July 14, 2025 3:55 PM

Bitcoin climbs to record $123,000 as US to debate crypto rules

Bitcoin surpassed $120,000 for the first time on Monday, marking a milestone for the world's largest cryptocurrency as investors bet on long-sought policy wins for the industry this week. Bitcoin scaled a record high of $123,153.22 before pulling ba...

July 13, 2025 10:28 AM

EU says it still wants US trade deal, will defend interests

The European Union said on Saturday it was ready to retaliate to defend its interests if the United States pressed ahead with imposing a 30% tariff on European goods from August 1. U.S. President Donald Trump latest salvo surprised the bloc, the Uni...

July 12, 2025 11:01 PM

Trump intensifies trade war with 30% tariffs on EU and Mexico

President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, after weeks of negotiations with the key U.S. allies and top trading partners failed to reach a comprehensive tra...

July 11, 2025 7:11 PM

India’s gold reserves rise by $342 million, forex stands at $699.736 billion: RBI

The country’s gold reserves grew by $342 million during the week, reaching $84.846 billion, according to the latest weekly data released by the Reserve Bank of India (RBI) on Friday. Along with gold, Special Drawing Rights (SDRs) with the Internat...

July 11, 2025 5:10 PM

Sensex falls 690 points; Nifty below 25,200 on global trade concerns

Indian stock markets ended lower on Friday, weighed down by rising global trade tensions following fresh tariffs imposed by US President Donald Trump on Canadian imports. Investor sentiment was also dented by a sharp selloff in IT stocks after Tata ...

July 11, 2025 2:42 PM

China’s GDP growth set to slow, raising pressure on policymakers

China's economy is expected to have slowed down in the second quarter from a solid start to the year as trade tensions with the United States added to deflationary pressures, reinforcing expectations that Beijing may need to roll out more stimulus. ...

July 11, 2025 2:33 PM

NPCI International Accelerates UPI Adoption Across UAE to Support Cashless Economy Vision

NPCI International Payments Limited has announced significant progress in expanding India's Unified Payments Interface acceptance across the United Arab Emirates, unveiling strategic initiatives to deepen the digital payment platform's integration as...

July 11, 2025 1:25 PM

India’s economic growth on track despite global challenges: report

India’s economic growth continues to remain on track despite global uncertainties, supported by improvements in key high-frequency indicators in both the services and manufacturing sectors, according to a report by Bank of Baroda released on Friday...

July 11, 2025 12:21 PM

UPI impact: India now makes faster payments than any other country, says IMF

India now leads the world in faster payments, thanks to the widespread adoption of the Unified Payments Interface (UPI), according to a recent note from the International Monetary Fund (IMF). Since its launch in 2016, UPI has witnessed exponential g...

July 11, 2025 11:31 AM

Sensex, Nifty open lower amid uncertainty around Trump tariffs

The Indian equity market indices opened lower on Friday amid lingering uncertainty over US President Donald Trump’s trade policies, as he continues to threaten higher tariffs across various sectors and countries. At 9:20 am, the Sensex was down 22...