DDIndia Business: Economic Headlines & Updates

Business

August 7, 2025 9:51 AM

US tariffs: India must seize this moment to become greater than ever, says Anand Mahindra

Top industrialist Anand Mahindra on Wednesday emphasized that India must use the imposition of 50% tariffs by the US as a catalyst to make the nation greater than ever. He urged the country to seize this moment to shape a virtuous outcome amid the ev...

August 7, 2025 9:33 AM

Nearly $30 billion in Indian exports secure from Trump’s 50% tariff

As US President Donald Trump on Wednesday announced a 50 per cent tariff on imports from India, shipments worth over $30 billion — including pharmaceuticals and certain electronic items such as smartphones, semiconductors, and energy products — r...

August 7, 2025 9:01 AM

Asian stocks climb, dollar droops on Fed easing bets

Asian equities rose on Thursday, with Japanese shares hitting a record high, as tech-led gains on Wall Street, upbeat earnings and growing expectations for U.S. rate cuts boosted sentiment. The prospect of a meeting between U.S. President Donald...

August 7, 2025 8:33 AM

Trump imposes additional 25% tariff on Indian imports; economists warn of impact on growth

U.S. President Donald Trump has imposed an additional 25% tariff on imports from India, a move economists say could dent India’s GDP growth in FY26 by up to 0.4%. Sonal Badhan, Economics Specialist at Bank of Baroda, told ANI, “We had initia...

August 6, 2025 11:13 PM

India’s financial inclusion surges as RBI’s Index hits 67 in 2025

India’s journey towards a financially inclusive economy gained significant momentum as the Reserve Bank of India’s Financial Inclusion Index (FI-Index) rose to 67 in March 2025, marking a 24.3 percent increase since its inception in 2021, accordi...

August 6, 2025 7:52 PM

India, Russia sign protocol to deepen industrial ties at 11th Working Group Session

India and Russia on Wednesday reaffirmed their strategic partnership and signed a key protocol to boost cooperation in sectors including aluminium, fertilizers, railways, and mining technology, during the 11th session of the India-Russia Working Grou...

August 6, 2025 5:18 PM

Rate cut likely in next RBI MPC meet amid global developments: Morgan Stanley

Morgan Stanley on Wednesday said that in terms of policy response, it sees the likelihood of another rate cut by the RBI in Q4 (likely in October policy) amid headwinds from tariff-related developments. In a unanimous vote, the RBI MPC kept the poli...

August 6, 2025 4:45 PM

Sensex, Nifty end lower after RBI keeps repo rate unchanged

The Indian stock market ended slightly lower after witnessing volatile trading on Wednesday, as investors showed mixed reaction to the Reserve Bank of India's (RBI) decision to keep the repo rate unchanged at 5.5 per cent. Sensex settled at 80,543.9...

August 6, 2025 3:22 PM

Jan Dhan account holders can complete re-KYC at camps till September 30: RBI

As the Pradhan Mantri Jan Dhan Yojana (PMJDY) completes a decade, a large number of account holders are now due for re-KYC (Know Your Customer) updates, the Reserve Bank of India said on Wednesday. RBI Governor Sanjay Malhotra, in his Monetary Polic...

August 6, 2025 3:06 PM

India’s mobile exports grow 127%, electronics output jumps sixfold since 2014

India’s electronics manufacturing sector has seen a sixfold rise in production and an eightfold surge in exports over the past 11 years, according to government data presented in Parliament on Wednesday. The production of electronic goods rose fro...

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