DDIndia Business: Economic Headlines & Updates

Business

June 19, 2025 5:13 PM

Sensex, Nifty end marginally lower as geopolitical tensions, Fed decision weigh on sentiment

Equity benchmarks ended marginally lower on Thursday as caution prevailed in global markets amid rising geopolitical tensions and the US Federal Reserve’s policy stance. The Sensex slipped by 82.79 points, or 0.10%, to close at 81,361.87, while the...

June 19, 2025 3:25 PM

Govt to ensure that consumers benefit from edible oil import duty cuts

In a move aimed at ensuring consumers benefit from recent import duty reductions on edible oils, the Department of Food and Public Distribution (DoFPD) has launched a nationwide inspection drive across major edible oil refining and processing facilit...

June 19, 2025 10:18 AM

Indian stock market trades flat amid US Fed policy decision

Indian benchmark indices opened on a flat note Thursday, reacting cautiously to the US Federal Reserve’s latest policy decision and weak cues from Asian markets. Early trade saw selling pressure across IT, PSU banking, FMCG, and pharma sectors. ...

June 19, 2025 10:26 AM

Fed keeps key rates steady; cites ‘meaningful’ inflation, cautious path ahead

The U.S. central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned against putting too much weight on that view, and said he expe...

June 18, 2025 4:44 PM

Sensex, Nifty end lower as Israel-Iran tensions rise

Benchmark equity indices closed lower on Tuesday, as volatility gripped the markets due to rising geopolitical tensions in West Asia. Despite selective buying in auto and private banking stocks, investor sentiment remained cautious amid the escalatin...

June 18, 2025 3:19 PM

US added over 1,000 new millionaires a day last year, UBS report says

Wealth grew disproportionately quickly last year in the United States, where over 379,000 people became new U.S. dollar millionaires, more than a 1,000 a day, a report published on Wednesday showed. Private individuals' net worth rose 4.6% worldwide...

June 18, 2025 1:37 PM

Piyush Goyal visits UK to boost economic ties, fast-track India–UK FTA implementation

Union Minister of Commerce and Industry Piyush Goyal is on a two-day official visit to the United Kingdom from June 18 to 19, aimed at strengthening India–UK economic relations and expediting the implementation of the bilateral Free Trade Agreement...

June 18, 2025 9:59 AM

Indian stock market trades in green amid rising geopolitical tensions

The domestic benchmark indices opened lower on Wednesday amid rising geopolitical tensions but turned positive in early trade, led by buying in the auto, IT, and PSU bank sectors. At around 9:32 a.m., the Sensex was trading 160.49 points, or 0.20 pe...

June 17, 2025 4:23 PM

Markets slip on geopolitical tensions, rising crude prices

Indian equity markets ended lower on Tuesday, weighed down by escalating tensions in the Middle East and concerns over rising crude oil prices, which added to inflationary worries and dampened investor sentiment. After a muted opening, both benchmar...

June 17, 2025 3:58 PM

World oil demand to keep growing this decade despite 2027 China peak, IEA says

Global oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as cheaper gasoline and slower electric vehicle adoption in the United States support consumption, the International Energy Agency ...