DDIndia Business: Economic Headlines & Updates

Business

June 27, 2025 11:18 PM

Nirmala Sitharaman reviews public sector banks’ performance, urges focus on financial inclusion and innovation

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman on Friday chaired a high-level annual review meeting with the Managing Directors and CEOs of Public Sector Banks (PSBs) in New Delhi. Meeting focused on financial strength, inclusiv...

June 27, 2025 4:58 PM

US stock futures rise ahead of inflation data as investors anticipate dovish Fed

U.S. stock index futures surged on Friday, putting the S&P 500 and the Nasdaq on track for record highs as investors geared up for a key inflation report amid signs of a dovish policy outlook from the Federal Reserve this year. Personal Consumpt...

June 27, 2025 4:28 PM

Sensex surges past 84,000, Nifty nears 25,650 as markets hit 9-month high

The Indian stock markets ended on a strong note on Friday, with benchmark indices touching a nine-month high. Investor sentiment remained upbeat as tensions in West Asia eased and reports of a potential ‘great’ India-US trade deal lifted market c...

June 27, 2025 3:55 PM

President Murmu highlights MSMEs as backbone of inclusive economic growth

President of India Droupadi Murmu on Friday graced and addressed the MSME Day celebration held in New Delhi, underscoring the critical role played by Micro, Small and Medium Enterprises (MSMEs) in shaping the nation’s economic future. Addressing t...

June 27, 2025 1:50 PM

From innovation to inclusion: India celebrates MSME Day with a focus on sustainability

MSME Day, observed on June 27, honours the vital role that Micro, Small, and Medium Enterprises play in driving innovation, employment, and inclusive economic growth. From local artisans to emerging tech startups, MSMEs are the backbone of resilient ...

June 27, 2025 1:11 PM

Indian markets likely to rise in Q3 FY26: Morgan Stanley

Indian stock markets are more likely to rise than fall in the third quarter of the financial year 2026 (Q3 FY26), global brokerage Morgan Stanley said in a note on Friday. The firm remains bullish on Indian equities, expecting strong economic data, ...

June 27, 2025 1:04 PM

India’s engineering exports to US rise in May despite tariff challenges

India’s engineering goods exports to the United States saw a 4.6 per cent increase in May this year, reaching $1.74 billion, even as exporters navigated uncertainty over tariff measures announced by President Donald Trump. The uptick reflects resil...

June 27, 2025 10:58 AM

Sensex, Nifty rise in early trade amid global cues

Indian benchmark indices opened in the green on Friday, supported by favourable global cues. The Nifty 50 hovered near the 25,600 mark, while the Sensex gained over 100 points in early trade. At around 9:15 a.m., the Sensex was trading 150.40 points...

June 27, 2025 10:17 AM

EU leaders discuss new US trade proposal as deal clock ticks down

European Union leaders discussed new proposals from the United States on a trade deal at a summit in Brussels on Thursday, with Commission President Ursula von der Leyen not ruling out tariff talks could fail and saying "all options remain on the tab...

June 27, 2025 9:46 AM

Nike plans to reduce reliance on China production for US market to soften tariff blow

Nike said it would cut its reliance on production in China for the U.S. market to mitigate the impact from U.S. tariffs on imports, and forecast a smaller-than-expected drop in first-quarter revenue, sending its shares up 11% in extended trading. U....