DDIndia Business: Economic Headlines & Updates

Business

February 18, 2025 12:38 PM

US tariffs on steel sector unlikely to impact India materially: Crisil

The US tariffs on the steel sector are unlikely to impact India significantly, as only 2 percent of the country’s total finished steel exports in the first nine months of this fiscal year were to the US, according to Crisil Intelligence. The US ha...

February 18, 2025 11:33 AM

Indian stocks could see revival soon, global factors are the key: Morgan Stanley

Global brokerage Morgan Stanley has indicated that Indian stocks could experience a revival soon, though global factors will be crucial to this outcome. In its latest note, analysts at Morgan Stanley acknowledged that while catching the market botto...

February 18, 2025 10:02 AM

Sensex, Nifty open lower amid weak market sentiment

The Indian stock market opened lower on Tuesday, with selling pressure observed in PSU banks, metals, and real estate sectors during early trade. As of 9:37 AM, the BSE Sensex was down 193.10 points (0.25%) at 75,803.76, while the NSE Nifty fell 76....

February 17, 2025 6:43 PM

Govt received over 60,000 inputs from citizens on new Income Tax Bill: FM

The government received more than 60,000 inputs from citizens regarding the new Income Tax Bill, 2025, Union Finance Minister Nirmala Sitharaman said on Monday. Addressing a post-Budget event here, the Finance Minister said the review of the Income ...

February 17, 2025 5:23 PM

Sensex, Nifty bounce back to end 8-day losing streak

India’s benchmark indices rebounded on Monday, snapping an eight-day losing streak and closing the trading session in positive territory. The Sensex rose by 57.65 points, or 0.08 percent, finishing at 75,996.86, while the Nifty gained 30.25 points...

February 17, 2025 4:30 PM

FM Sitharaman launches Mutual Credit Guarantee Scheme for MSMEs and expands SWAMIH fund

The Centre on Monday launched the 'Mutual Credit Guarantee Scheme for MSMEs', which was announced in the Union Budget 2025-26 to boost the micro, small, and medium enterprises. The scheme facilitates collateral-free loans to MSMEs by providing loans...

February 17, 2025 4:23 PM

Government actively considering raising deposit insurance limit beyond Rs 5 lakh

The Union Government is actively considering a proposal to raise the deposit insurance limit beyond ₹5 lakh, confirmed M Nagaraju, Secretary, Department of Financial Services (DFS), during a press conference in Mumbai on Monday. “As and when the...

February 17, 2025 2:54 PM

India successfully sends first-ever sea shipments of pomegranates to Australia

In a landmark achievement for India's agricultural exports, the Agricultural and Processed Food Products Export Development Authority (APEDA) has successfully facilitated the first-ever commercial sea shipments of Indian pomegranates to Australia. Co...

February 17, 2025 1:19 PM

China’s Xi holds rare meeting with business leaders amid slowing economy, US tensions

Chinese President Xi Jinping on Monday spoke at a symposium was attended by business leaders including Alibaba co-founder Jack Ma, state media reported, as Beijing grapples with a slowing economy and growing tensions with the U.S. Other private busi...

February 17, 2025 10:58 AM

Sensex, Nifty open lower amid trade tariff concerns

The Indian benchmark indices opened lower on Monday amid mixed global cues as selling was seen in auto, IT and PSU bank sectors in the early trade, as the upcoming reciprocal trade tariffs announced by the US government stayed on top of the investors...