DDIndia Business: Economic Headlines & Updates

Business

August 7, 2026 3:31 PM

EV retail sales hit record high in July, rise 66% Year-on-Year: FADA

India recorded its highest-ever monthly electric vehicle (EV) retail sales in July 2026, with registrations reaching 3,27,901 units, a growth of over 66 per cent year-on-year, according to the Federation of Automobile Dealers Associations (FADA). Th...

August 7, 2026 1:00 PM

Ukrainian attacks on Wildberries strike at heart of Russia Inc

In the space of three weeks, Vasily Klimov's online shopping pick-up point in Moscow has gone from a healthy small business to a loss-making operation he is now desperately trying to sell. Klimov runs one of 98,000 pick-up points in Russia and neigh...

August 7, 2026 12:44 PM

FCNR(B) Scheme mobilises $41 billion so far; inflows may touch $100 billion by September: Jefferies

The Reserve Bank of India's (RBI) Foreign Currency Non-Resident Bank [FCNR(B)] deposit scheme has mobilised nearly USD 41 billion in inflows so far and is expected to attract USD 80-100 billion by the time it closes on September 30, according to a re...

August 7, 2026 10:34 AM

Sensex, Nifty open lower amid rise in crude oil prices

Domestic equity markets open on mildly negative note on Friday amid surge in crude oil prices and following global cues ahead of key US economic data. Sensex opened at 78,516.08, down 438.68 points or 0.56 per cent, while Nifty decreased by 97.10 po...

August 7, 2026 9:23 AM

Asian shares pause for US jobs, oil extends gains on Middle East risk

Asian shares held their breath on Friday for U.S. jobs data that could prove pivotal for next month's interest-rate decision by the Federal Reserve, while rising oil prices served as a reminder that Middle East tensions remain far from resolved. MSC...

August 6, 2026 10:41 PM

BRICS Industry Ministers adopt Joint Declaration as India concludes tenth Ministerial Meeting in Jaipur

India on Thursday successfully concluded the Tenth BRICS Industry Ministers' Meeting in Jaipur under its BRICS Chairship 2026, with member countries adopting a Joint Declaration aimed at strengthening industrial cooperation and promoting resilient, i...

August 6, 2026 9:34 PM

India rejects reports of US ethanol imports for fuel blending, says no policy change under consideration

The Ministry of Commerce & Industry on Thursday categorically denied media reports claiming that India is importing or plans to import large quantities of ethanol from the United States for its fuel blending programme, describing such claims as "...

August 6, 2026 8:16 PM

Parliamentary Panel urges early India-US trade pact, calls for stronger safeguards against US tariffs

The Department-related Parliamentary Standing Committee on Commerce has recommended the early conclusion of the proposed India–US Bilateral Trade Agreement (BTA), while stressing that India's strategic and commercial interests must remain fully pro...

August 6, 2026 4:22 PM

Sensex climbs 374 points higher as lower oil prices lift market sentiments

Indian benchmark equity indices ended higher on Thursday, supported by easing crude oil prices and buying in PSU bank and chemical stocks. The Sensex rose 374 points, or 0.48 per cent, to settle at 78,954.76, while the Nifty gained 11.35 points, or ...

August 6, 2026 10:16 AM

Indian markets open higher on hopes of US-Iran peace deal

Domestic equity markets opened higher on Thursday amid hopes of US-Iran peace deal and a better-than-expected June earnings season so far. Sensex started the session at 78,782.43, up 0.25 per cent or 200 points, while Nifty opened at 24,632.65, an i...