DDIndia Business: Economic Headlines & Updates

Business

August 25, 2026 12:00 AM

RBI’s USD-INR Swap Facility Sparks Unprecedented Forex Inflows, Banks Raise USD 73 Billion in 11 weeks

The Reserve Bank of India's special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings (OFCB) and External Commercial Borrowings (ECB), launched on June 8, 2026, has driven an unprecedented surge in foreign exchang...

August 24, 2026 8:46 PM

India, Cambodia complete BIT talks

India and Cambodia have completed negotiations for a bilateral investment treaty (BIT) and have agreed to sign it at the earliest, an official statement said on Monday. They also discussed ways to increase cooperation in sectors such as agriculture,...

August 24, 2026 5:29 PM

UPI completes 10 years, emerges as world’s largest real-time payment system

The Unified Payments Interface (UPI) will complete 10 years of operations on August 25, marking a decade of transformation in India's digital payments ecosystem and emerging as a globally recognised real-time payments platform. Launched on Augus...

August 24, 2026 5:27 PM

FM Sitharaman to visit Canada, US from Aug 25 to Sept 2; to attend G20 Finance Ministers meeting

Union Finance and Corporate Affairs Minister Nirmala Sitharaman will undertake an official visit to Canada and the United States from August 25 to September 2, with the visit focusing on strengthening economic and financial partnerships, promoting in...

August 24, 2026 4:22 PM

Sensex, Nifty end lower as Iran-Hormuz tensions weigh on investor sentiment

The benchmark indices ended lower on Monday as rising geopolitical tensions weighed on investor sentiment after Iran threatened to seize vessels and alter transit rules for the Strait of Hormuz ahead of the US announcement of sanctions against Tehran...

August 24, 2026 1:57 PM

Commerce and Industry Ministry releases service PPI data

Air passenger service prices surged 31.94 per cent year-on-year in the first quarter of 2026-27, emerging as the sharpest price increase among the services tracked under India’s Service Producer Price Index (Service PPI) framework, according to pro...

August 24, 2026 1:17 PM

GENESIS EIR 3.0 launched to support early-stage tech innovators with funding of up to Rs 10 lakh

The Ministry of Electronics and Information Technology (MeitY), through MeitY Startup Hub (MSH), has launched the third cohort of its GENESIS Entrepreneur-in-Residence (EIR) programme to support aspiring entrepreneurs, innovators, researchers, studen...

August 24, 2026 1:13 PM

Talabira II & III coal mine records highest-ever production of 19.14 MT in FY 2025-26

Talabira II & III Open Cast Coal Mine in Odisha, allocated to NLC India Ltd. under the Nominated Authority (NA) framework, recorded its highest-ever annual coal production of 19.14 million tonnes (MT) in the financial year 2025-26, marking an 11....

August 24, 2026 10:32 AM

India negotiating FTAs with 8-9 more blocs, aims to cover 75% of global trade: Piyush Goyal

India is in negotiations with at least 8-9 more groups of countries and individual nations that together account for another USD 15 trillion of GDP, Commerce and Industry Minister Piyush Goyal said on Monday. He added that the country's free trade a...

August 24, 2026 10:23 AM

Stock markets rise in early trade on buying in blue-chips

Benchmark equity indices Sensex and Nifty were trading higher in early trade on Monday, driven by buying in blue-chip stocks HDFC Bank and Infosys amid positive global cues. However, persistent geopolitical tensions and elevated crude oil prices con...