DDIndia Business: Economic Headlines & Updates

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April 15, 2025 4:32 PM

Indian markets rally on US tariff relief; Sensex surges over 1,500 points

Indian equity markets witnessed a sharp rally on Tuesday, buoyed by the United States' decision to provide a 90-day relief from reciprocal tariffs. The announcement lifted investor sentiment, especially amid expectations of similar relief for the aut...

April 15, 2025 3:18 PM

Morgan Stanley projects RBI rate cuts, Sensex at 82,000 by December 2025

The Reserve Bank of India (RBI) is expected to adopt a deeper monetary easing cycle amid slowing growth and easing inflation, according to a Morgan Stanley report released on Tuesday. The global brokerage firm anticipates a cumulative rate cut of 100...

April 15, 2025 2:55 PM

India’s WPI inflation declines to 2.05% in March

India’s annual wholesale inflation, measured by the Wholesale Price Index (WPI), slowed to 2.05% in March, down from 2.38% in February, according to data released by the Ministry of Commerce and Industry on Tuesday. The positive inflation rate in ...

April 15, 2025 10:05 AM

Sensex, Nifty surge over 2% as positive global cues boost investor sentiment

India’s frontline equity indices witnessed a strong rally in early trade on Tuesday, driven by positive global cues that lifted investor sentiment. Shortly after the opening bell, the Nifty 50 was trading 467 points, or 2.05%, higher at 23,295.55,...

April 15, 2025 10:01 AM

US steps up probes into pharmaceutical, chip imports, setting stage for tariffs

The Trump administration is proceeding with probes into imports of pharmaceuticals and semiconductors as part of a bid to impose tariffs on both sectors on grounds that extensive reliance on foreign production of medicine and chips is a national secu...

April 15, 2025 8:57 AM

Asia shares rise, bonds hold steady on some tariff reprieve

Asia shares edged slightly higher on Tuesday, helped by gains in auto companies after U.S. President Donald Trump suggested he might grant exemptions on auto-related levies already in place. U.S. Treasury bonds steadied having staged a recovery over...

April 14, 2025 2:25 PM

Crisil projects 6.5% GDP growth for India in FY26, flags US tariffs as key risk

Global credit rating agency Crisil on Monday projected India's GDP to grow by 6.5% in fiscal 2026, while cautioning that US tariff hikes remain a significant downside risk to the forecast. Despite external headwinds, Crisil expects monetary easing b...

April 14, 2025 10:07 AM

Indian stock market closed on April 14 for Ambedkar Jayanti

Indian stock markets are closed on Monday on account of Dr. B.R. Ambedkar Jayanti, which commemorates the birth anniversary of Babasaheb Ambedkar, born on April 14, 1891. Every year, this day is observed as a public holiday across the country. Schoo...

April 13, 2025 4:23 PM

India’s semiconductor industry likely to double revenue to $108 bn by 2030: Report

The Indian semiconductor industry's revenues are likely to double from $54 billion to $108 billion between 2025 to 2030, according to a report by financial services firm UBS. The report expects India to gain amid the US-China tariff war that will pu...

April 13, 2025 1:02 PM

Irish regulator investigates X over use of EU personal data to train Grok AI

Ireland's data regulator on Saturday said it had opened an investigation into social media platform X over the use of personal data collected from European Union users to train its AI system Grok. Ireland's Data Protection Commission (DPC) is the le...

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