DDIndia Business: Economic Headlines & Updates

Business

June 5, 2025 1:22 PM

India Services PMI Remains Strong at 58.8 in May, Driven by Robust Demand

India’s services sector maintained its high pace of growth in May, driven by strong demand for exports, which also saw firms increase staff hiring to an all-time high during the month, according to the latest HSBC survey. The seasonally adjusted H...

June 5, 2025 12:44 PM

DBT, Jan Dhan schemes revolutionised welfare delivery in India: FM Sitharaman

Several groundbreaking financial inclusion schemes by the Prime Minister Narendra Modi-led government have revolutionised welfare delivery in India in the last 11 years, by plugging leakages and ensuring transparency, said Finance Minister Nirmala Si...

June 5, 2025 10:33 AM

Indian stock market opens in green amid mixed global cues

The domestic benchmark indices opened higher on Thursday amid mixed global cues, with buying seen in the pharmaceutical, automotive and IT sectors in early trading. At approximately 9:29 am, the Sensex was trading 268.8 points, or 0.33 per cent, hig...

June 4, 2025 6:04 PM

India’s path to 2070 net-zero target requires heavy investment in power sector: Moody’s

India will need massive investment to achieve its 2070 net-zero pledge as it balances energy security, affordability and transition, Moody’s Ratings said on Wednesday. Achieving this pledge will necessitate substantial investment, particularly in ...

June 4, 2025 5:30 PM

Minerals and non-ferrous metal production records growth in FY 2025-26

India’s mining and quarrying sector continued its upward trajectory in FY 2025-26, with notable gains in mineral and non-ferrous metal production. The index of mineral production for March 2025 stood at 156.8, marking a 0.4% increase over March 202...

June 4, 2025 5:14 PM

Stock market ends in green amid positive global cues as RBI MPC begins

Domestic benchmark indices closed in the green on Wednesday, buoyed by favorable global cues such as strong U.S. job data, while the ongoing RBI Monetary Policy Committee (MPC) meeting added a layer of speculation about a potential rate cut. The Sen...

June 4, 2025 3:05 PM

India pushes for WTO reforms at Paris Ministerial, urges action on non-tariff barriers and dispute settlement

India has called for sweeping reforms to the World Trade Organization (WTO) during a high-level mini-ministerial meeting of 25 member countries in Paris, pressing for action against non-tariff barriers and the restoration of the WTO’s stalled dispu...

June 4, 2025 3:39 PM

US: Higher metals tariffs kick in as deadline for ‘best’ offers arrives

The U.S. tariff rate on most imported steel and aluminum doubled on Wednesday as President Donald Trump ratchets up a global trade war on the same day he expects trading partners to deliver their "best offer" in bids to avoid punishing import tax rat...

June 4, 2025 3:39 PM

Global alarm rises as China’s critical mineral export curbs take hold

Alarm over China's stranglehold on critical minerals grew on Tuesday as global automakers joined their U.S. counterparts to complain that restrictions by China on exports of rare earth alloys, mixtures and magnets could cause production delays and ou...

June 4, 2025 10:22 AM

Sensex, Nifty open higher amid positive global cues

India’s benchmark indices opened in the green on Wednesday, tracking upbeat cues from Asian markets that bolstered investor sentiment. The Sensex climbed 155.81 points, or 0.19 percent, to 80,893.32, while the NSE Nifty gained 60 points, or 0.25 p...

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