DDIndia Business: Economic Headlines & Updates

Business

April 3, 2025 11:02 AM

India’s export competitiveness to US less impacted by Trump’s tariffs, experts say

As US President Donald Trump announced reciprocal tariffs on a wide range of countries, including India, industry experts suggested on Thursday that the impact on India's export competitiveness to the US market may be less significant compared to its...

April 3, 2025 10:08 AM

Trump signs order ending duty-free treatment for cheap shipments from China

U.S. President Donald Trump signed an executive order on Wednesday that closes a trade loophole known as "de minimus" that has allowed low-value packages from China and Hong Kongto enter the United States free of duties. Trump signed the order, whic...

April 3, 2025 9:31 AM

Global stocks slump as US tariffs hit tech hardest

Stocks dived and investors scrambled to the safety of bonds, gold and the yen on Thursday as U.S. President Donald Trump unveiled a bigger-than-expected wall of tariffs around the world's largest economy, upending trade and supply chains. The high-f...

April 3, 2025 11:07 AM

Trump’s sweeping import tariffs amp up global trade war

President Donald Trump's decision to slap a 10% tariff on most goods imported to the United States, as well as higher duties on dozens of countries from rivals to allies, has intensified a global trade war that threatens to stoke inflation and stal...

April 2, 2025 4:08 PM

India’s CAD to remain in safe zone during 2025-26: report

Robust services exports and the inflow of healthy remittances from Indians working overseas will help keep India’s current account deficit (CAD) in the safe zone during the financial year 2025-26, even though the country’s merchandise trade defic...

April 2, 2025 3:45 PM

Manufacturing sector growth surged to 8-month high in March: HSBC

Manufacturing sector growth in India surged to an eight-month high in March as a faster upturn in total sales underpinned a sharper increase in output, according to a report by HSBC, released on Wednesday. The acceleration in March came despite a mi...

April 2, 2025 12:54 PM

PMMY boosts Women’s Financial Empowerment at the grassroots: SBI report

The Pradhan Mantri Mudra Yojana (PMMY) has emerged as a powerful tool for women’s financial empowerment, with women accounting for 68% of the scheme’s 52 crore beneficiaries, according to a report by the State Bank of India’s (SBI) Economic Res...

April 2, 2025 10:45 AM

FM Sitharaman launches ‘NITI NCAER states Economic Forum’ portal to strengthen fiscal data access

Finance Minister Nirmala Sitharaman on Tuesday unveiled the “NITI NCAER States Economic Forum” portal in New Delhi. Developed by NITI Aayog in collaboration with the National Council of Applied Economic Research (NCAER), the portal serves as a co...

April 2, 2025 10:04 AM

Sensex, Nifty open higher amid mixed global cues

Indian equity indices opened in the green on Wednesday as heavyweights like Infosys, ICICI Bank, Tech Mahindra and Maruti Suzuki continued to lift the market sentiment amid mixed global cues. At 9:20 am, Sensex was up 178 points or 0.24 per cent at ...

April 2, 2025 11:19 AM

White House says Trump will go ahead with tariffs as nervous world awaits trade war

The White House confirmed on Tuesday that President Donald Trump will impose new tariffs on Wednesday, though it provided no details about the size and scope of trade barriers that have businesses, consumers and investors fretting about an intensi...