DDIndia Business: Economic Headlines & Updates

Business

June 26, 2025 4:22 PM

Sensex surges 1,000 points; banking and heavyweight stocks gain

The Indian stock markets closed on a strong note on Thursday, with benchmark indices Sensex and Nifty surging over 1 per cent each, led by gains in banking and heavyweight stocks. The benchmark index reflected strong investor confidence, underpinned...

June 26, 2025 4:21 PM

Indian PSUs turn wealth creators, add Rs 57 lakh crore in market cap in just 5 years

The market capitalisation of the Indian public sector units (PSUs) surged from Rs 12 lakh crore in March 2020 to Rs 69 lakh crore in June 2025 — adding Rs 57 lakh crore in just five financial years, a report revealed on Thursday. Over FY20–FY25,...

June 26, 2025 3:05 PM

EU leaders meet to decide on whether to back quick US trade deal or seek better terms

European Union leaders are to tell the European Commission on Thursday whether they want to reach a quick trade agreement with the United States on terms that favour Washington or keep fighting for a better deal. A quick deal seems to be the preferr...

June 26, 2025 12:02 PM

E-Commerce to drive India’s $1 trillion digital opportunity by 2030: report

India’s online commerce sector, which stood at $30 billion in 2020, is projected to grow tenfold to $300 billion by 2030, playing a pivotal role in shaping the country’s $1 trillion digital economy, according to a new report released on Thursday....

June 26, 2025 12:52 PM

India’s office market sees 11% growth in April-June, Grade A space demand surges

India’s office market continued its strong growth trajectory in the April-June period (Q2 2025), recording 17.8 million square feet (msf) of gross leasing across the top seven cities - an 11 per cent increase compared to Q2 2024, a report showed on...

June 26, 2025 10:03 AM

Indian stock market opens higher, all eyes on US reciprocal tariff deadline

The domestic benchmark indices opened higher on Thursday amid mixed global cues, as buying was seen in the metal, auto, and financial services sectors in early trade. At around 9:26 a.m., the Sensex was trading 239.27 points, or 0.29 per cent, highe...

June 25, 2025 6:42 PM

India’s economy resilient amid global uncertainties: RBI

India’s economy remains resilient despite heightened global uncertainties, with high-frequency indicators for May pointing to sustained growth across industrial and services sectors, the Reserve Bank of India (RBI) said on Wednesday in its monthly ...

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...