DDIndia Business: Economic Headlines & Updates

Business

May 18, 2026 10:55 AM

China’s economy loses steam at start of Q2 as consumption, output disappoint in April

China's growth lost momentum in April, with industrial output cooling and retail sales sinking to over three-year lows as the world's second-biggest economy wrestled with higher energy costs from the Iran war and persistently weak domestic de...

May 18, 2026 10:45 AM

India-EU FTA will open new opportunities in trade, technology and resilient supply chains: PM Modi

Prime Minister Narendra Modi on Sunday said the recently concluded India-European Union Free Trade Agreement would create new opportunities in trade, technology, manufacturing and resilient supply chains, while pitching India as a trusted economic pa...

May 18, 2026 10:22 AM

Indian equity markets opened lower amid rising West Asia tensions, oil surge

Domestic equity markets opened lower on Monday, with benchmark indices declining 1 per cent in morning trade amid elevated crude oil prices and rising geopolitical tensions in West Asia following the conflict between the US and Iran. Sensex declined...

May 16, 2026 6:00 PM

Intra-BRICS Trade Reaches USD 1.17 Trillion, Has Huge Untapped Potential: Commerce Secretary

Commerce Secretary Rajesh Agrawal on Saturday said intra-BRICS merchandise trade has grown to USD 1.17 trillion in 2024, highlighting the vast untapped potential for deeper trade integration and stronger economic cooperation among member nations. Ad...

May 15, 2026 8:38 PM

Rajasthan enters India’s semiconductor map with inauguration of state’s first chip packaging facility in Bhiwadi

Rajasthan on Friday entered India’s fast-growing semiconductor ecosystem with the inauguration of the state’s first semiconductor plant and a new Electronics Manufacturing Cluster (EMC) at Bhiwadi, marking a major boost to electronics manufacturi...

May 15, 2026 4:45 PM

India, UAE ink major pacts on energy, defence, AI; Abu Dhabi commits $5 billion investment

India and the United Arab Emirates on Friday signed a series of agreements across energy, defence, maritime infrastructure and emerging technologies during Prime Minister Narendra Modi’s visit to Abu Dhabi, with the Gulf nation announcing investmen...

May 15, 2026 4:25 PM

Sensex, Nifty end lower amid surge in crude oil price

Indian benchmark equity indices ended lower on Friday as late-session selling pressure dragged the markets down due to rise in crude oil prices. The benchmark Nifty closed 46.10 points, or 0.19 per cent, lower at 23,643.50, while the Sensex declined...

May 15, 2026 4:21 PM

India’s total exports rise 13.59% to $80.80 billion in April 2026

India’s total exports, including merchandise and services, are estimated at 80.80 billion US dollars in April 2026, registering a growth of 13.59 per cent compared to 71.13 billion US dollars in April last year, according to dat...

May 15, 2026 1:36 PM

Gold, silver tumble up to 4 per cent amid stronger dollar, rising crude prices

Gold and silver prices traded sharply lower on Friday, with both precious metals declining in domestic trade by up to 4 per cent amid strength in the dollar index. On the Multi Commodity Exchange (MCX), gold futures for June 5 fell as much as 1.52 p...

May 15, 2026 1:31 PM

ITR filing process for AY 2026-27 officially begins

The Income Tax Department on Friday said that it enabled the filing of Income Tax Returns (ITRs) for the financial year 2025-26 (assessment year 2026-27) with the release of Excel utilities for ITR-1 and ITR-4 forms on e-filing portal. Announcing th...