DDIndia Business: Economic Headlines & Updates

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August 28, 2025 5:45 PM

Indian equity indices decline sharply over US tariff concerns

Indian equity indices ended Thursday’s session nearly one per cent lower, as investor sentiment weakened following the implementation of 50 per cent US tariffs on Indian goods. The Sensex closed at 80,080.57, down 705 points or 0.87 per cent. The ...

August 28, 2025 4:50 PM

FM Sitharaman assures exporters of govt support amid US tariff hike

Finance Minister Nirmala Sitharaman on Thursday reassured exporters that the government stands firmly with them as the hike in US tariffs comes into effect, creating uncertainty in the global market. Addressing a delegation of the Federation of Indi...

August 28, 2025 4:46 PM

India launches bold reforms to offset global trade pressures: Finance Ministry

The resilience of India’s external sector has been a key factor in maintaining a stable macroeconomic environment amid a global trade landscape marked by tariff adjustments and rising uncertainty, the Finance Ministry said in its Monthly Economic R...

August 28, 2025 4:12 PM

Indian Oil Set to Become ADNOC’s Largest LNG Customer

Abu Dhabi National Oil Company (ADNOC) has signed a 15-year Sales and Purchase Agreement with Indian Oil Corporation to supply one million tonnes per annum of liquefied natural gas from its lower-carbon Ruwais LNG project. Under the agreement, LNG wi...

August 28, 2025 12:42 PM

India-Japan ties: 170 MoUs signed in 2 years with over $13 billion in committed investments

As Prime Minister Narendra Modi embarks on a two-day visit to Japan from August 29–30 to attend the 15th India-Japan Annual Summit at the invitation of Japanese Prime Minister Shigeru Ishiba, the partnership between the two nations has entered a ne...

August 28, 2025 12:39 PM

India’s bioeconomy poised to touch $300 billion by 2030: Jitendra Singh

Union Minister of Science and Technology Dr. Jitendra Singh on Wednesday said that India’s bioeconomy is projected to reach $300 billion by 2030, marking a sharp rise from $10 billion in 2014 and $165.7 billion in 2024. The Minister was speaking a...

August 28, 2025 4:42 PM

PM Modi hails 11 years of Jan Dhan Yojana; 56 crore accounts, ₹2.68 lakh crore deposits

The Pradhan Mantri Jan Dhan Yojana (PMJDY), the world’s largest financial inclusion programme, has completed 11 years, with more than 56 crore bank accounts opened under the scheme and deposits crossing ₹2.68 lakh crore, the finance ministry said...

August 28, 2025 4:43 PM

Japan’s trade negotiator cancels US visit over tariff deal snag

Japan's top trade negotiator cancelled a visit to the United States at the last minute on Thursday, further delaying talks designed to finalise a $550 billion investment package offered by Tokyo in exchange for relief on punishing tariffs. Ryosei Ak...

August 28, 2025 11:36 AM

Sensex, Nifty fall as U.S. tariffs weigh on investor sentiment

India’s benchmark indices opened in the red on Thursday, a day after the U.S. imposed 50 percent tariffs on Indian imports, weighing on market sentiment. At 9:50 am, the Nifty was down 0.63 percent at 24,557.10, while the Sensex slipped 0.65 perce...

August 27, 2025 8:24 PM

India set to become world’s second-largest economy in PPP terms by 2038 – EY

India is projected to emerge as the world’s second-largest economy in purchasing power parity (PPP) terms by 2038, supported by strong demographics, robust savings, and a sustainable fiscal path, consultancy EY said in a report on Wednesday. ...

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