DDIndia Business: Economic Headlines & Updates

Business

August 26, 2026 11:55 AM

Canada slaps retaliatory tariffs on US goods worth $20 billion as trade war intensifies

Canada hit back on Tuesday with retaliatory tariffs on about $20 billion worth of U.S. annual imports and rolled out aid for businesses and workers, matching Washington's latest duties dollar-for-dollar. The counter-tariffs on U.S. goods take effect...

August 26, 2026 11:12 AM

India, Seychelles step up cooperation in fisheries, aquaculture and blue economy

India and Seychelles have agreed to strengthen bilateral cooperation in fisheries, aquaculture and the blue economy, with a focus on sustainable marine resource management, technology, capacity building and scientific research. The agreement was rea...

August 26, 2026 11:00 AM

Explainer: What are H-1B visas for skilled workers and what changes loom?

U.S. employers seeking to hire skilled foreign workers can use the federal government's H-1B visa program for a fee, allowing tech and other professionals from abroad to work in the United States for a few years. U.S. President Donald Trump, who has...

August 25, 2026 4:37 PM

India’s finished steel output rises 4.7% in April-July, consumption grows 7.9%

India’s finished steel production rose 4.7 per cent year-on-year to 54.7 million tonnes (MT) during April-July 2026, while consumption grew at a faster pace of 7.9 per cent to 56 MT, signalling sustained strength in domestic steel demand, according...

August 25, 2026 4:27 PM

Sensex, Nifty end higher as healthcare, pharma and PSU bank stocks lead gains

The benchmark indices recovered from early losses to end Tuesday’s trading session on a positive note, supported by gains in healthcare, pharma and public sector bank stocks. The Sensex rose 286.98 points, or 0.37 per cent, to settle at 77,656.09,...

August 25, 2026 1:12 PM

Iran’s currency hits record low as US moves to unveil new sanctions

Iran's currency plunged to a record low on the open market on Monday, hours before the United States was expected to announce a new wave of sanctions aimed at further isolating Tehran. The Iranian rial fell to 2.02 million against the US dollar as t...

August 25, 2026 12:00 PM

Piyush Goyal pitches India as investment destination to Japanese financial institutions, seeks greater institutional capital

Commerce and Industry Minister Piyush Goyal on Tuesday invited Japanese financial institutions to deepen their long-term investments in India, highlighting opportunities in semiconductors, artificial intelligence, clean energy, advanced manufacturing...

August 25, 2026 11:56 AM

UPI at 10: How India’s homegrown payment system transformed the way the country transacts

In a decade, the Unified Payments Interface (UPI) has moved from being a new digital payment mechanism to becoming an integral part of everyday life in India. From small-value payments at neighbourhood shops to bank transfers and cross-border transac...

August 25, 2026 11:44 AM

UPI: From a digital payment platform to an engine of India’s digital transformation

Under the leadership of Prime Minister Narendra Modi, India’s digital transformation has emerged as a powerful example of how technology can be harnessed to make everyday life simpler, faster and more inclusive. The Unified Payments Interface (UPI)...

August 25, 2026 11:37 AM

PM Modi hails 10 years of UPI, says digital payments revolution a source of pride for every Indian

Prime Minister Narendra Modi on Tuesday hailed the Unified Payments Interface (UPI) as a “major turning point” in India’s digital payments journey as the country’s flagship real-time payment system completed a decade, highlighting its unprece...