DDIndia Business: Economic Headlines & Updates

Business

September 10, 2025 1:22 PM

GST rate cut to spur credit growth of banks, NBFCs: Report

The incremental credit flow of banks is expected to rise to Rs.19-20.5 lakh crore in FY2026 from Rs.18 lakh crore in FY2025 which represents a year-on-year (YoY) growth of 10.4-11.3 per cent for banks in the current financial year compared to 10.9 pe...

September 10, 2025 1:00 PM

IndiGo suspends Kathmandu flights till 6 pm amid Gen Z protest

Following the extension of the airport closure in Kathmandu, IndiGo Airlines on Wednesday issued a travel advisory announcing the suspension of all flights to and from Kathmandu until 6 pm on September 10. Earlier, it was suspended till 12 pm today, ...

September 10, 2025 12:23 PM

Fitch revises India’s GDP outlook for FY26 to 6.9% from 6.5%

Global rating agency Fitch has revised India's growth outlook for the fiscal year ending March 2026 to 6.9 per cent from its earlier projection of 6.5% in June Global Economic Outlook (GEO). "Domestic demand will be the key driver of growth, as st...

September 10, 2025 11:49 AM

GST reforms to benefit one lakh farmers in Gujarat, purchase deadline extended

Gujarat Agriculture Minister Raghavji Patel announced that the state government has extended the deadline for farmers to purchase tractors and farm equipment under the Agricultural Mechanisation Scheme, enabling them to benefit from the revised GST r...

September 10, 2025 10:22 AM

Sensex, Nifty jump over positive development on India-US trade talks

The Indian benchmark indices opened higher on Wednesday, on the back of promising developments in the US-India trade discussions along with strong overnight global cues. US President Donald Trump’s initiative to improve India-US relations and Prim...

September 10, 2025 9:00 AM

Trump announces resumption of trade talks with India, praises PM Modi as a ‘Very Good Friend’

In a significant step toward easing tensions, US President Donald Trump announced that his administration has resumed trade negotiations with India. “I am pleased to announce that India, and the United States of America, are continuing negotiations...

September 9, 2025 8:07 PM

Next-Gen GST reforms to boost electronics, digital growth, and renewable energy

The government has announced a new set of Goods and Services Tax (GST) reforms aimed at strengthening India’s electronics ecosystem, promoting localisation, creating jobs, and supporting the Digital India and Aatmanirbhar Bharat initiatives. Under...

September 9, 2025 5:03 PM

UPI transactions cross 20 billion in August; PhonePe, Google Pay lead market

The Unified Payments Interface (UPI) network processed over 20 billion transactions in August 2025, marking the first time monthly transactions have crossed this threshold. The total value of transactions during the month reached Rs 24.85 lakh crore,...

September 9, 2025 4:16 PM

Sensex, Nifty end higher led by IT stocks

Benchmark indices closed with steady gains on Tuesday, driven largely by a strong rally in IT stocks, with Infosys leading the charge after the company announced that its board will consider a share buyback on September 11. The Sensex stayed in the ...

September 9, 2025 3:56 PM

India well-placed for long-term alpha creation, says Jefferies

Global brokerage firm Jefferies has said that India remains a strong candidate for long-term wealth creation despite recent market underperformance and global headwinds. In its latest report, Jefferies highlighted that small- and mid-cap stocks ...

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