DDIndia Business: Economic Headlines & Updates

Business

April 7, 2025 8:50 PM

LPG price hiked by Rs 50 per cylinder from April 8

The Centre has announced a hike in the price of domestic LPG cylinders by Rs 50, effective from April 8. The revised rates apply to both subsidised and non-subsidised 14.2 kg cylinders, including beneficiaries under the Pradhan Mantri Ujjwala Yojana ...

April 7, 2025 4:39 PM

Govt raises excise duty on petrol, diesel by Rs 2; no hike in retail prices amid global oil price crash

The central government has announced a hike in excise duty on petrol and diesel by Rs 2 per litre each, effective from Tuesday. However, the Ministry of Petroleum and Natural Gas clarified that this will not lead to any increase in the retail prices ...

April 7, 2025 4:56 PM

Invest in quality stocks with strong business models amid global uncertainty: SBI report

As global economic uncertainties rise due to US trade tariff tensions, inflation risks, and volatile markets, a new report released on Monday recommended investing in quality businesses for long-term gains. “Investors should focus on companies tha...

April 7, 2025 4:23 PM

Indian markets follow global sell-off amid tariff jitters, Nifty closes above 22,100

Indian stock markets went through a major sell-off on Monday amid global crash, with domestic benchmark indices falling sharply – registering their biggest one-day fall since June 4 last year when the Lok Sabha election results were announced. How...

April 7, 2025 3:46 PM

Watch for global retaliation to Trump tariffs, say experts, as markets slide

Investors should closely monitor potential retaliatory measures from the European Union and other nations in response to the reciprocal tariffs imposed by U.S. President Donald Trump, experts warned on Monday. The caution came as Indian stock markets...

April 7, 2025 3:08 PM

What measures are Asian policymakers taking as market rout deepens?

Policymakers cross Asia are preparing measures to support financial markets as a rout deepened following sweeping tariffs announced by U.S. President Donald Trump that stoked widespread recession worries. Here are some of the announcements so far: ...

April 7, 2025 2:22 PM

RBI MPC begins, likely to go for 25 bps rate cut on April 9, says SBI report

As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7 to April 9) here, SBI Research on Monday said it expects a 25-basis-point rate cut in the policy, and that the cumulative rate cut over the cycle could...

April 7, 2025 1:08 PM

Over 50 nations want to start trade talks with US after tariffs, Trump officials say

More than 50 nations have reached out to the White House to begin trade talks since U.S. President Donald Trump rolled out sweeping new tariffs, top officials said on Sunday as they defended levies that wiped out nearly $6 trillion in value from U.S....

April 7, 2025 10:19 AM

Sensex, Nifty crash as global sell-off deepens amid Trump tariff fallout

India’s benchmark indices plummeted on Monday, mirroring a rout across Asian markets, as fears of a global recession and soaring prices intensified following a fresh wave of reciprocal tariffs imposed by U.S. President Donald Trump last week. The ...

April 7, 2025 9:05 AM

Asian stocks dive as tariff tensions rise

Major stock indexes plunged in Asia on Monday as White House officials showed no sign of backing away from their sweeping tariff plans, and investors wagered the mounting risk of recession could see U.S. interest rates cut as early as May. Futures m...