DDIndia Business: Economic Headlines & Updates

Business

March 30, 2025 12:11 PM

Market Outlook: US tariff, PMI, FIIs and global economic data key triggers for next week

The market outlook for the coming week will be shaped by a combination of domestic and global economic factors, including key indicators such as PMI data, foreign institutional investments (FIIs), auto sales figures, and major US economic data releas...

March 29, 2025 2:06 PM

Musk’s xAI buys Musk’s X social media platform for $33 billion

Elon Musk's xAI artificial intelligence firm has acquired Musk's X, the social media outfit formerly known as Twitter for $33 billion, marking the latest twist in the billionaire's rapid consolidation of power. The all-stock deal announced on Friday...

March 28, 2025 5:38 PM

Lok Sabha passes Carriage of Goods by Sea Bill, seeks to replace century-old legislation

The Lok Sabha has passed the Carriage of Goods by Sea Bill, 2024, which aims to modernise regulations governing the responsibilities, liabilities, rights, and immunities of carriers involved in the transportation of goods by sea. The bill, which als...

March 28, 2025 5:25 PM

Sensex, Nifty end FY25 with over 5 pc gain amid volatile trade

Indian stock markets ended the last trading session of the current financial year (FY25) on a lower side amid a volatile day. With this, the Sensex and Nifty gained over 5 per cent each in FY25. Sensex dropped 191.51 points, or 0.25 per cent, to clo...

March 28, 2025 5:13 PM

Cabinet approves Rs. 22,919 crore scheme to strengthen India’s electronics component manufacturing

The Union Cabinet on Friday has approved the Electronics Component Manufacturing Scheme with a funding of Rs. 22,919 crore, aimed at making India self-reliant in the electronics supply chain. This initiative seeks to create a robust ecosystem by attr...

March 28, 2025 4:30 PM

India least exposed to US tariffs due to domestic demand strength: Morgan Stanley

India and Japan are the least exposed economies to US trade tariffs due to their strong domestic demand, a Morgan Stanley report said on Friday. The report highlights that the ratio of goods exports to GDP is a crucial metric in assessing an economy�...

March 28, 2025 12:01 AM

PM Modi discusses deepening India-Belgium ties with King Philippe

Prime Minister Narendra Modi on Thursday spoke with King Philippe of Belgium, reaffirming the commitment to strengthening bilateral relations between India and Belgium. The conversation focused on boosting trade and investment, as well as advancing c...

March 27, 2025 8:43 PM

India strengthens global position in technical textiles with strategic initiatives

India’s textile industry continues to be a key pillar of the national economy, contributing nearly 2% to the country’s GDP. As the sixth-largest textile exporter globally, with a 3.9% share in world textile exports, the sector is poised for signi...

March 27, 2025 8:10 PM

Over 42,800 food processing units registered under Central government’s incentive schemes: Minister

As many as 42,801 food processing industries have been registered across the country to promote and ensure the overall development of the sector under various government schemes, the Parliament was informed on Thursday. The Ministry of Food Processi...

March 27, 2025 5:11 PM

Shivraj Singh Chouhan urges state govts to ensure no purchase of agricultural produce below MSP

Union Agriculture Minister Shivraj Singh Chouhan reaffirmed the Modi government's commitment to farmers' welfare, stressing that no agricultural produce will be purchased below the Minimum Support Price (MSP). In a press briefing on Thursday, Chouhan...