DDIndia Business: Economic Headlines & Updates

Business

July 23, 2025 4:29 PM

ADB projects India’s GDP to grow at 6.5% in 2025, 6.7% in 2026 amid strong domestic demand

The Asian Development Bank (ADB) on Wednesday projected that India’s GDP will grow at 6.5% in 2025 and a robust 6.7% in 2026, driven by strong domestic demand, a normal monsoon, and monetary easing. Inflation in India is expected to stay well with...

July 23, 2025 3:41 PM

India has 8.52 million tonnes reserves of rare earth elements: Jitendra Singh

India has approximately 7.23 million tonnes of rare earth elements oxide (REO) contained in 13.15 MT monazite (a mineral of Thorium and Rare Earths) occurring in the coastal beach, teri and red sand and inland alluvium in parts of Andhra Pradesh, Odi...

July 23, 2025 3:23 PM

India to be third-largest economy by 2028: Morgan Stanley

India is expected to become the world’s third-largest economy by 2028 and more than double its GDP to $10.6 trillion by 2035, according to a Morgan Stanley report released on Wednesday. The report estimates that three to five Indian states — inc...

July 23, 2025 12:39 PM

Nifty, Sensex open with gains on US-Japan trade deal optimism

Indian stock markets continued their upward momentum on Wednesday, with both key indices, the Nifty 50 and the BSE Sensex, posting early gains. This positive movement came as investor confidence received a major boost following the recent trade agre...

July 23, 2025 11:55 PM

PM Modi’s fourth UK visit to spotlight $53.75 billion bilateral trade and FTA gains

Prime Minister Narendra Modi embarked on a two-nation visit on Wednesday, beginning with an official tour to the United Kingdom at the invitation of UK Prime Minister Keir Starmer from July 23-24. This marks PM Modi’s fourth visit to the UK, reflec...

July 22, 2025 3:41 PM

India expected to clock 6.6 pc growth in FY26 despite uncertain global outlook

India is expected to expand close to its trend growth in FY26, supported by better consumption demand on recent monetary easing, income tax reductions, good monsoon rains, and the prospect of continued lower oil prices, according to a report on Tuesd...

July 22, 2025 3:31 PM

PLI schemes see actual investment of Rs 1.76 lakh crore, create over 12 lakhs jobs: Minister

The production-linked incentive (PLI) schemes have realised actual investment of Rs 1.76 lakh crore till March 2025 across 14 sectors, which has resulted in incremental production/sales of over Rs 16.5 lakh crore and employment generation of over 12 ...

July 22, 2025 10:59 AM

GST at Eight Years: Report Highlights Growth in Revenue and growing Women’s Inclusion in Formal Economy

There are over 1.52 crore active Goods and Services Tax (GST) registrations and one-fifth of registered GST taxpayers in India now have at least one woman, and 14 per cent of registered taxpayers have all female members (on the basis of the constitut...

July 22, 2025 10:20 AM

Sensex, Nifty open higher as banking stocks continue to gain

The Indian stock market opened in the green on Tuesday as heavyweight banking stocks continued to lead amid mixed global cues. At 9.23 am, Sensex was up 152 points or 0.19 per cent at 82,359 and Nifty was up 38 points or 0.15 per cent at 25,129. Ba...

July 22, 2025 12:11 PM

IMF’s Gita Gopinath to step down in August, return to Harvard University

Gita Gopinath, the No. 2 official at the International Monetary Fund, will leave her post at the end of August to return to Harvard University, the IMF said in a statement on Monday. IMF Managing Director Kristalina Georgieva will name a successor t...

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