DDIndia Business: Economic Headlines & Updates

Business

October 30, 2025 3:55 PM

Russia’s Lukoil accepts Gunvor offer to buy its foreign assets

Lukoil said on Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia's second-largest oil company is seeking to sell after Washington imposed sanctions on it last week. The planned asset sale i...

October 30, 2025 1:24 PM

SAIL reports 32% rise in profit after tax for H1 FY26; revenue crosses ₹52,600 crore

State-owned steel major Steel Authority of India Limited (SAIL) on Thursday reported a robust financial performance for the first half of the financial year 2025–26 (H1 FY26), with its profit after tax (PAT) surging nearly 32% year-on-year to ₹1,...

October 30, 2025 1:28 PM

Piyush Goyal discusses FTAs and strategies for market diversification with Export Promotion Councils and industry bodies

Union Minister of Commerce and Industry Piyush Goyal on Wednesday chaired a meeting with representatives from Export Promotion Councils (EPCs) and industry associations, focusing on strategies to boost India's export growth. The discussions centred ...

October 30, 2025 12:05 PM

China agrees to one-year rare earth export deal, issue ‘settled’ says Trump

China has agreed to keep rare earth exports flowing to the world as part of a one-year agreement, President Donald Trump said on Thursday shortly after meeting his counterpart Xi Jinping in South Korea. The agreement, which Trump provided few detail...

October 30, 2025 9:56 AM

Markets open cautiously ahead of Xi-Trump summit; analysts see Nifty hitting new highs soon

Indian stock markets opened on a cautious note on Wednesday, with investors awaiting the outcome of the high-stakes meeting between U.S. President Donald Trump and Chinese President Xi Jinping. Despite the subdued start, analysts expect domestic indi...

October 30, 2025 9:51 AM

Asia stocks gain as Fed cuts, Trump-Xi meeting in focus

Asian stocks advanced on Thursday after the Federal Reserve cut interest rates and as U.S. and Chinese leaders met to thrash out a trade deal, while the yen weakened after the Bank of Japan kept rates on hold as expected. MSCI's broadest index of As...

October 30, 2025 9:41 AM

Over 400 Indian startups driving $20 billion cybersecurity industry: CERT-In Chief

India is fast emerging as a global cybersecurity powerhouse, backed by more than 400 startups and a skilled workforce of over 6.5 lakh professionals, according to Dr. Sanjay Bahl, Director General of the Indian Computer Emergency Response Team (CERT-...

October 29, 2025 11:19 PM

Looming Trump-Xi meeting revives hope of US-China trade truce

As U.S. President Donald Trump and China's leader Xi Jinping prepare to kick off talks on Thursday, U.S. negotiators have signaled they seek a return to a fragile trade war truce, but tensions remain high and longer-term economic irritants will likel...

October 29, 2025 10:20 PM

Coal Ministry launches 14th round of commercial coal mine auctions; introduces underground coal gasification

The Ministry of Coal on Wednesday launched the 14th Round of Commercial Coal Mine Auctions, marking a significant milestone in India’s efforts toward energy self-sufficiency, clean technology adoption, and sustainable industrial growth. Union Minis...

October 29, 2025 7:18 PM

Boeing takes near $5 billion hit on much-delayed 777X program

Boeing pushed the first delivery of its long-delayed 777X jet program out to 2027 and took a nearly $5 billion charge due to the delays, in another series of setbacks for the aerospace giant. The 777X was central to Boeing’s long-term widebody str...