DDIndia Business: Economic Headlines & Updates

Business

March 6, 2025 9:57 AM

Indian stock market opens flat, Sensex above 73,600

The Indian stock market opened on a flat note on Thursday, reflecting mixed global cues, with selling pressure observed in the IT and FMCG sectors during early trade. At around 9:33 am, the Sensex was down by 58.07 points, or 0.08 percent, trading a...

March 6, 2025 10:13 AM

Trump exempts some automakers from Canada, Mexico tariffs for one month

U.S. President Donald Trump will exempt automakers from his punishing 25% tariffs on Canada and Mexico for one month as long as they comply with existing free trade rules, the White House said on Wednesday, a development that halted at least for ...

March 5, 2025 11:15 PM

India moves towards semiconductor self-reliance with Tata electronics’ ₹91,000 crore fab project

The India Semiconductor Mission (ISM), Tata Electronics Private Limited (TEPL), and Tata Semiconductor Manufacturing Private Limited (TSMPL) have signed a Fiscal Support Agreement (FSA) to establish the country's first commercial semiconductor fabric...

March 5, 2025 8:46 PM

Vishwas Bill 2.0 to decriminalise over 100 provisions, simplify business processes: FM Sitharaman

Finance Minister Nirmala Sitharaman said on Wednesday that the government is committed to encouraging global economic partnerships, leveraging technology to strengthen traditional sectors, and significantly enhancing India's export potential. Addres...

March 5, 2025 8:41 PM

India boosts R&D with ₹20,000 Cr investment, ranks 3rd in global startups

Union Minister Dr. Jitendra Singh highlighted India's rapid progress in research and innovation, announcing a ₹20,000 crore allocation for R&D in Budget 2025-26. Speaking at the Post-Budget Webinar on “Investing in Innovation,” he emphasize...

March 5, 2025 8:21 PM

SAIL and Indian steel stocks surge as China announces plans to reduce output

Shares of Indian steel companies surged on Wednesday following China's announcement to restructure its steel industry and reduce total production. This move is anticipated to curb the dumping of cheap steel into the Indian market, providing a signifi...

March 5, 2025 4:33 PM

Stock markets rebound as tariff concerns ease; Sensex, Nifty gain over 1%

Indian stock markets staged a strong recovery on Wednesday, with both the Sensex and Nifty closing over 1% higher. The rebound came after US Commerce Secretary Howard Lutnick indicated the possibility of tariff relief for Mexico and Canada, sparking ...

March 5, 2025 3:41 PM

India imposes import restrictions on platinum alloys to curb misuse of trade agreements

India has imposed restrictions on the import of platinum alloys with less than 99% purity, aiming to curb potential misuse of trade agreements and prevent unfair trade practices. According to a notification issued by the Directorate General of Forei...

March 5, 2025 1:10 PM

What is Elon Musk’s DOGE? How much money has it saved US taxpayers?

U.S. President Donald Trump is expected to boast about his sweeping cuts to the federal bureaucracy during an address to a joint session of Congress on Tuesday night, with praise for tech billionaire Elon Musk's so-called Department of Government...

March 5, 2025 11:12 AM

India’s circular economy poised to generate $2 trillion and 10 million jobs by 2050: Bhupendra Yadav

Union Minister for Environment, Forest & Climate Change, Bhupender Yadav, on Tuesday said that India’s circular economy could generate a market value exceeding $2 trillion and create nearly 10 million jobs by 2050. Speaking at the 12th Regiona...