DDIndia Business: Economic Headlines & Updates

Business

June 1, 2026 11:19 AM

India’s manufacturing PMI rises to 55 in May, highest in three months

India's manufacturing sector continued to expand in May, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 55.0 from 54.7 in April, supported by stronger growth in output, new orders and purchasing activity. The latest rea...

June 1, 2026 11:10 AM

Sensex gains over 400 points, Nifty advances in early trade

Indian equity benchmarks opened higher on Monday, beginning the month of June on a positive note amid firm global cues and gains across major Asian markets. The BSE Sensex rose 421.22 points, or 0.56 per cent, to 75,196.96 in early trade, while the ...

June 1, 2026 9:05 AM

Asia stocks extend AI boom, oil up on Gulf risk

Asian share markets firmed on Monday as the boom in all things AI continued to drive demand, offsetting a lack of progress in Gulf peace talks that challenged optimism on a re-opening of the Strait of Hormuz and lifted oil prices. While negotiat...

May 29, 2026 8:21 PM

Govt notifies two new special economic zones in Puducherry

The Union government has notified two new Special Economic Zones (SEZs) in Puducherry as part of the continued push towards strengthening the country's industrial base, expanding exports, and deepening self-reliance in strategic sectors, according to...

May 29, 2026 6:31 PM

How India’s Insolvency Framework Has Evolved in 10 Years Under the IBC

India’s insolvency framework has undergone a major transformation over the past decade through the Insolvency and Bankruptcy Code (IBC), 2016, which replaced a fragmented and delay-ridden system with a unified, creditor-driven and time-bound mechan...

May 29, 2026 4:50 PM

US trade delegation to visit India next week as bilateral trade talks progress

A United States trade delegation is expected to visit India next week to advance ongoing negotiations on a bilateral trade agreement, the Ministry of External Affairs (MEA) said on Friday, amid growing optimism over the possibility of an interim deal...

May 29, 2026 4:34 PM

Markets reverse early gains, end deep in red amid global uncertainty

Indian equity benchmark indices ended sharply lower on Friday after a volatile trading session, as uncertainty surrounding a possible US-Iran understanding triggered heavy selling in the final hour of trade. The Sensex closed at 74,775.74, down 1,09...

May 29, 2026 2:49 PM

Samsung ships next-generation AI chip samples to global customers

Samsung Electronics said on Friday it has begun shipping samples of its latest high-bandwidth memory (HBM) chip, the 12-layer HBM4E, marking the world's first shipment of the next-generation artificial intelligence (AI) memory product. The move come...

May 29, 2026 12:40 PM

RBI sees India’s growth resilient at 6.9 percent in FY27 despite West Asia conflict risks

India's economy is expected to remain resilient in 2026-27 despite rising geopolitical tensions and inflationary risks emanating from the West Asia conflict, the Reserve Bank of India (RBI) said in its Annual Report 2025-26. The central bank project...

May 29, 2026 11:18 AM

Anthropic nears $1 trillion-dollar valuation, surpasses OpenAI in latest funding round

Anthropic has reportedly reached a valuation close to $1 trillion after raising $65 billion in its latest funding round, surpassing rival OpenAI as both companies prepare for potential stock market debuts. The funding round, led by Altimeter Capital...