DDIndia Business: Economic Headlines & Updates

Business

August 19, 2026 5:08 PM

Nifty extends losing streak to 7th day, Sensex falls for 4th session

Benchmark equity indices extended their losing streaks on Wednesday, with the Nifty declining for the seventh consecutive session and the Sensex falling for the fourth straight day amid weakness across global equity markets. The Nifty declined 76.60...

August 19, 2026 12:18 PM

Piyush Goyal Leaves for Singapore to Attend 4th India-Singapore Ministerial and Business Roundtables

Union Commerce and Industry Minister Piyush Goyal is on a three-day visit to Singapore from August 19 to 21, 2026, as part of continued high-level engagement under the India-Singapore Ministerial Roundtable (ISMR) framework. During the visit, Goyal w...

August 19, 2026 10:08 AM

Income Tax Dept launches nationwide verification of suspicious foreign remittances

The Income Tax Department has launched a nationwide verification exercise into suspicious foreign remittances after identifying entities that allegedly transferred large amounts of foreign exchange despite reporting little or no turnover, the Central...

August 19, 2026 9:58 AM

Equity markets open flat as crude oil prices surge to $92

Domestic equity market benchmarks opened on a flat note on Wednesday with crude oil prices surging to almost $92 and rising global bond yields dampening appetite for risk assets. Sensex opened at 77,218.05, down 17.41 points or 0.02 per cent, while ...

August 19, 2026 8:31 AM

Bond selloff slows but stocks wobble

Global bond yields hovered near their highest for decades on Wednesday, as fears over swelling sovereign debt pushed borrowing costs higher and rattled stock markets worldwide. The yield on the U.S. long bond hit its highest in nearly 20 years on Tu...

August 19, 2026 1:39 AM

Fourth India-Singapore Ministerial Roundtable to be held in Singapore on August 20

The fourth round of the India-Singapore Ministerial Roundtable (ISMR) will be held in Singapore on August 20, with India set to discuss ways to deepen bilateral cooperation across emerging and strategic areas. Finance and Corporate Affairs Minister ...

August 18, 2026 11:43 PM

Piyush Goyal invites Japanese businesses to deepen investments, partnerships in India

Union Commerce and Industry Minister Piyush Goyal on Tuesday invited Japanese businesses to deepen investments and partnerships in India, highlighting the country's expanding market, young workforce and growing opportunities in emerging sectors. Add...

August 18, 2026 11:41 PM

Department of Commerce holds awareness session to prepare Indian exporters for EU carbon border rules

The Department of Commerce, Ministry of Commerce & Industry on Tuesday organised an awareness session on the European Union's Carbon Border Adjustment Mechanism (EU CBAM) to help Indian exporters understand and prepare for the bloc's evolving car...

August 18, 2026 11:38 PM

PSB Confluence 2026 ends with seven-point action plan, FM Sitharaman calls for month-long youth banking campaign from Oct 2

The two-day PSB Confluence 2026 concluded on Tuesday with Public Sector Banks (PSBs) and Public Financial Institutions (PFIs) identifying actionable strategies across seven key themes to strengthen the banking and financial sector and support India's...

August 18, 2026 7:26 PM

Regional Rural Banks’ gross loans rise 10.3% to Rs 5.78 lakh crore in FY26, priority sector lending remains strong

Regional Rural Banks (RRBs) recorded strong growth in credit delivery during 2025-26, with their gross loans outstanding rising 10.3 per cent to ₹5.78 lakh crore, up from ₹5.24 lakh crore in the previous financial year, according to data released...