DDIndia Business: Economic Headlines & Updates

Business

June 4, 2026 10:38 AM

Guwahati Tea Auction Centre Sets New Benchmarks for Premium Tea Prices

The Guwahati Tea Auction Centre (GTAC) has recorded fresh milestones in premium tea sales, reinforcing its position as a leading marketplace for quality tea and rewarding producers for their sustained focus on excellence. According to Dinesh Bihani,...

June 4, 2026 10:00 AM

Indian markets open lower on weak global cues, West Asia tensions weigh

Domestic equity markets opened lower on Thursday, tracking weak global cues amid geopolitical uncertainty in West Asia and selling pressure across the US and Asian equities. Sensex opened at 73,935.83, down 0.55 per cent or 410 points, while Nifty f...

June 4, 2026 10:32 AM

Global stocks slide on flare-up in Middle East fighting; oil eases off highs

Asian stocks fell on Thursday as renewed fighting between the U.S. and Iran rattled investors, although oil slipped from recent highs after Israel and Lebanon agreed to a ceasefire. MSCI's broadest index of Asia-Pacific shares outside Japan was down...

June 3, 2026 10:21 PM

Centre Launches ‘Navachar Mantra’ to Support Grassroots Innovators, Applications Open Till July 5

The Ministry of Skill Development and Entrepreneurship (MSDE) on Wednesday launched ‘Navachar Mantra’, a national initiative aimed at identifying, nurturing and scaling grassroots innovations and early-stage entrepreneurship across India, with a ...

June 3, 2026 9:55 PM

CEPA with Oman comes as big boost for India’s textile sector

The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which came into force this week, provides significant market access opportunities for India’s textiles and apparel sector to expand exports in a key Gulf market. Oman has accord...

June 3, 2026 7:03 PM

UK Trade Secretary Visits India to Fast-Track Free Trade Agreement Implementation

The UK-India Business Council (UKIBC) has welcomed the visit of UK Secretary of State for Business and Trade Peter Kyle to India, underscoring the need for the early implementation of the India-UK Free Trade Agreement (FTA) to boost bilateral economi...

June 3, 2026 5:02 PM

Sensex, Nifty end lower as IT stocks drag markets

Indian equity benchmark indices ended lower on Wednesday, although they recovered a significant portion of intra-day losses supported by gains in PSU bank and financial stocks. Markets witnessed sharp volatility during the session, with heavy sellin...

June 3, 2026 4:00 PM

Cabinet approves Rs 10,000-crore ATF price stabilization fund to support Indian airlines amid fuel price surge

In a major relief measure for the aviation sector, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a one-time budgetary support package of up to ₹10,000 crore to help stabilize Aviation Turbine Fuel (ATF) prices fo...

June 3, 2026 3:56 PM

OECD Projects India’s Growth at 6.3% in FY27, 6.4% in FY28 Despite Global Economic Headwinds

India is projected to grow by 6.3 per cent in 2026-27 (FY27) and 6.4 per cent in 2027-28 (FY28), despite mounting global economic challenges stemming from the ongoing West Asia conflict, according to the latest outlook released by the Organisation fo...

June 3, 2026 2:40 PM

India engages US on proposed tariffs, continues talks on trade framework agreement

India is actively engaging with the United States over proposed tariffs under Section 301 of the US Trade Act of 1974, while simultaneously continuing discussions aimed at finalising a bilateral trade framework agreement, the government said on Wedne...