DDIndia Business: Economic Headlines & Updates

Business

February 3, 2025 3:43 PM

Budget 2025: Modi Government Puts Farmers First

The Modi Government presented its second complete budget of its third term and its third budget within the last twelve months. Politically, the last fifteen months have been an electoral roller-coaster for the country, and the Bharatiya Janata Party...

February 3, 2025 1:57 PM

Budget boosts consumption, fiscal prudence, capex: report

The Union Budget 2025–26 has been crafted as a bold move toward fiscal consolidation and long-term structural reforms, with the government keeping the fiscal deficit at 4.4% for FY26 while boosting capital spending by 10% to ₹11.2 lakh crore, acc...

February 3, 2025 11:33 AM

Sensex, Nifty open lower as Asian markets plunge amid trade war fears

Indian benchmark indices opened sharply lower on Monday, as Asian markets tumbled after US President Donald Trump announced trade tariffs which are set to come into effect from Tuesday. At around 9.33 a.m., the Sensex was trading over 400 points dow...

A man stands in front of a live view of the Nikkei 225 index. Photo by Stanislav Kogiku/SOPA Images/LightRocket via Getty Images/Files

February 3, 2025 9:00 AM

Asian stocks slump, dollar soars as Trump tariffs trigger trade war fear

Asian stock markets slumped on Monday and U.S. equity futures pointed sharply lower after U.S. President Donald Trump's tariffs on Canada, Mexico and China triggered fears of a broad trade war and hit to global growth. The U.S. dollar shot to a re...

February 2, 2025 3:15 PM

Indian startups raise $240.85 million this week, Bengaluru leads in funding deals

During the week, 30 Indian startups secured a total of $240.85 million in funding including five growth-stage investments and 20 early-stage rounds. Bengaluru emerged as the leader in startup funding, with 12 deals secured during the week. It was f...

February 1, 2025 6:05 PM

Nifty, Sensex close flat on budget day amid volatile session; FMCG, realty stocks rally

Indian stock markets ended flat on Budget day after a highly volatile trading session, with FMCG and Realty stocks emerging as notable gainers. The session saw sharp movements during the Union Budget speech by Finance Minister Nirmala Sitharaman. Th...

February 1, 2025 5:07 PM

India bets big on AI, allocates Rs 500 crore for 3 Centres of Excellence

Aligning with India's broader vision to become a global artificial intelligence (AI) hub, Finance Minister Nirmala Sitharaman on Saturday announced the creation of three Centres of Excellence (CoEs) in AI for education. The initiative, with a budget...

February 1, 2025 4:16 PM

Indian business community in Dubai praises 2025 Union Budget’s vision and reforms

Indian business leaders in Dubai have offered strong endorsements of India’s 2025 Union Budget, highlighting its strategic focus on long-term growth and comprehensive development across multiple sectors. Sahitya Chaturvedi, Secretary General of th...

February 1, 2025 4:15 PM

Old vs New Tax Regime: What has changed for the middle class in budget 2025-26

In a major move to ease the tax burden on middle-class taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced fresh tax slabs under the new tax regime in the Union Budget 2025-26. The new tax slabs aim to provide relief to individuals ...

February 1, 2025 4:01 PM

PM Modi hails Union Budget 2025 as ‘Janata Janardan Ka Budget’

Prime Minister Narendra Modi on Saturday lauded the Union Budget 2025, calling it a "Janata Janardan Ka Budget" and emphasising its people-centric approach that will propel India's development journey. Sharing his thoughts on the Budget, PM Modi des...