DDIndia Business: Economic Headlines & Updates

Business

February 23, 2026 12:31 PM

Govt earns Rs 4,405 crore revenue from scrap sale from 2021 till Jan 2026

The government on Monday said that total revenue earned from scrap sale in Swachhata campaign from the year 2021 till January 2026 stands at Rs 4,405.28 crore. While Rs 200.21 crore revenue was earned form scrap disposal during December 2025-January...

February 23, 2026 12:16 PM

Precious metals surge over growing geopolitical tensions

Gold and silver prices surged significantly on Monday, amid growing geopolitical tensions and the US dollar's steep fall. MCX gold April futures gained 1.83 per cent to Rs 1,59,749 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futu...

February 23, 2026 2:04 PM

Banking sector earnings likely to rebound 17% in FY27–28: IIFL Capital

The earnings of India’s banking sector are expected to register a strong rebound of 17 per cent over FY27–28E, supported by improved loan growth, recovery in margins and stable asset quality, according to a report by IIFL Capital. The report sta...

February 23, 2026 1:22 PM

Tariff ruling limits Trump’s leverage but won’t end uncertainty for trade partners

The U.S. Supreme Court's decision to strike down a large swath of President Donald Trump's tariffs has weakened his ability to threaten and impose tariffs at a moment's notice, but it won't end gnawing uncertainty for trade partners or companies. Tr...

February 23, 2026 9:50 AM

Sensex, Nifty open higher amid relief over US tariff ruling

Domestic equity markets opened higher on Monday, tracking positive global cues after a US decision striking down certain tariff measures provided relief to investors. However, market experts cautioned that volatility may persist amid continuing unce...

February 22, 2026 6:38 PM

Brazilian President Lula calls India a ‘democratic brother of the Global South’, sets $30 billion trade target

Brazilian President Luiz Inacio Lula da Silva on Sunday described India as a “democratic brother of the Global South” and set an ambitious target of raising bilateral trade to $30 billion, underscoring the growing strategic and economic partnersh...

February 22, 2026 2:46 PM

PM Modi warns against digital fraud, urges citizens to update KYC only through official channels

Prime Minister Narendra Modi on Sunday cautioned citizens against rising incidents of digital fraud and so-called “digital arrest” scams, urging people to remain vigilant and follow proper banking procedures to safeguard their hard-earned savings...

February 22, 2026 2:14 PM

World witnessed India’s remarkable AI capabilities at AI Impact Summit: PM Modi in ‘Mann Ki Baat’

Prime Minister Narendra Modi on Sunday said the world witnessed “Bharat’s remarkable capabilities” in artificial intelligence during the recently concluded AI Impact Summit 2026, describing it as a turning point in the global use of AI. Addres...

February 22, 2026 1:51 PM

Piyush Goyal urges India-Brazil trade expansion beyond $15 billion

Union Commerce and Industry Minister Piyush Goyal on Saturday called for a significant expansion of India-Brazil trade beyond the current $15 billion, urging businesses from both countries to pursue deeper collaboration in defence, renewable energy, ...

February 20, 2026 4:32 PM

Nifty, Sensex post strong gains led by metals, PSU banks

The Indian equity benchmarks posted strong gains on Friday, led by gains in metals and PSU bank stocks. At the closing bell, Sensex gained 316 points, or 0.38 per cent to settle at 82,814. Nifty added 116 points, or 0.46 per cent, to close at 25,571...