DDIndia Business: Economic Headlines & Updates

Business

October 15, 2026 10:38 AM

Stock markets rebound sharply in early trade led by IT firms

Benchmark indices Sensex and Nifty rebounded sharply in early trade on Thursday led by a rally in IT stocks and easing crude oil prices. The 30-share BSE Sensex climbed 354 points to 73,157.43 in early trade. The 50-share NSE Nifty was up 96.15 poin...

October 15, 2026 9:24 AM

Asian markets sell off as AI trades crumble after hot US CPI data

Markets started the day on the back foot as trading kicked off in Asia on Thursday, as a quicker-than-expected increase in US consumer price inflation upped expectations for the Federal Reserve to act later this year and pushed stocks lower. MSCI's ...

October 14, 2026 5:12 PM

Cabinet approves Rs 52,878 crore sale of 60.72% stake in IDBI Bank to Fairfax entity

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Canada-based Fairfax Financial Holdings Ltd. as the strategic buyer for a 60.72% stake in IDBI Bank for approximately ₹52,878.08 crore. The transaction comprises the sale of a ...

October 14, 2026 4:52 PM

Nirmala Sitharaman to Attend IMF-World Bank Annual Meetings in Bangkok

Union Finance and Corporate Affairs Minister Nirmala Sitharaman will visit Bangkok, Thailand, from October 14 to 18 to participate in the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, along with meetings of G20 an...

October 14, 2026 4:32 PM

Sensex falls, Nifty slips below 22,650 as pharma, healthcare stocks drag

Benchmark equity indices ended lower on Wednesday, weighed down by losses in pharma and healthcare stocks, even as gains in information technology shares limited the decline. The Sensex declined 251.89 points, or 0.34 per cent, to close at 72,781.8...

October 14, 2026 3:52 PM

TDB signs Rs 151 crore funding agreement with ideaForge Technology for heavy-lift logistics drone YETI

The Technology Development Board (TDB) has signed an agreement with Mumbai-based ideaForge Technology Limited to provide ₹151 crore in debt financing for the development of YETI, an indigenous heavy-lift autonomous aerial logistics vehicle. The su...

October 14, 2026 1:17 PM

Wholesale inflation rises to 11.39% in September, driven by fuel and manufactured products

India's wholesale price index (WPI)-based inflation rose to 11.39 per cent in September 2026, compared with 9.92 per cent in August, according to provisional data released by the Ministry of Commerce and Industry on Tuesday. The All-India WPI for al...

October 14, 2026 12:39 PM

Maharashtra offers investment-friendly ecosystem, CM Fadnavis invites UK businesses to invest

Maharashtra Chief Minister Devendra Fadnavis on Tuesday invited businesses and institutions from the United Kingdom to invest in the state, highlighting its robust industrial ecosystem, skilled workforce and growing opportunities in manufacturing, te...

October 14, 2026 8:58 AM

Asia shares edge up as chip selloff eases; US CPI awaited

Asian shares inched higher on Wednesday as those related to artificial intelligence found respite after a selloff, while any gain was tempered by elevated oil prices and caution ahead of U.S. inflation data later in the global day. Among firms in th...

October 13, 2026 4:49 PM

‘India offers reliability amid global uncertainty’: PM Modi at Bloomberg New Economy Forum

Prime Minister Narendra Modi on Tuesday said India offered reliability and stability amid global uncertainty, calling for technology, innovation and economic strength to be used to empower people and create opportunities across countries. Addressing...