DDIndia Business: Economic Headlines & Updates

Business

October 13, 2026 9:33 AM

IMF raises India’s growth forecast to 7% for 2026, keeps it among fastest-growing major economies

The International Monetary Fund (IMF) on Tuesday raised India's economic growth forecast to 7 per cent for 2026, citing stronger-than-expected domestic demand and robust services activity, even as the conflict in the Middle East and elevated oil pric...

October 13, 2026 8:24 AM

India, America expanding cooperation across sectors: US ambassador Sergio Gor

India and America are expanding cooperation across sectors, including defence, IT and healthcare, with investments and joint initiatives creating significant opportunities for both countries, US Ambassador to India Sergio Gor said on Monday. Speakin...

October 12, 2026 8:42 PM

Piyush Goyal Calls for Doubling India-UK Bilateral Trade by 2030

Doubling bilateral trade by 2030 should be a shared ambition for India and the United Kingdom, Union Minister for Commerce and Industry Piyush Goyal said, calling upon businesses in both countries to translate the opportunities created by the India...

October 12, 2026 5:13 PM

Retail inflation rises to 5.54% in September

India’s retail inflation rose to 5.54% in September from 4.83% in August, while food inflation increased to 7.74% from 5.97%, according to provisional Consumer Price Index data released on Monday. The CPI series, with 2024 as its base year, showed...

October 12, 2026 4:15 PM

‘Loan in 5 Minutes’ Offers Can Ruin Lives: Beware of Fake Apps

As digital lending grows in India, the threat posed by fake loan apps is also increasing. Apps claiming to offer loans within minutes without documentation can lure people into a trap with promises of easy money. They may be used not only for financi...

October 12, 2026 4:16 PM

Stock markets tumble on oil price spike, foreign fund outflows; Sensex drops

Benchmark stock index Sensex dropped by nearly 548 points on Monday as a fresh spike in crude oil prices, unabated foreign fund outflows and rising bond yields dented investors' sentiment. Erasing opening gains, the 30-share BSE Sensex tanked 547.65...

October 12, 2026 4:06 PM

India can become global car manufacturing hub: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Monday expressed confidence that India would emerge as a global hub for car manufacturing, while calling for an approach that combines access to advanced international technologies with employment ...

October 12, 2026 2:29 PM

India Plans Triple Steel Capacity by 2047

India envisages a near threefold expansion in crude steelmaking capacity to 604 million tonnes by 2047 and raise finished steel demand to 505 million tonnes, while reducing dependence on imported coking coal, according to the draft National Steel Pol...

October 12, 2026 1:30 PM

Equity Mutual Fund Inflows Rise Over 30% in September; Industry AUM at Rs 82.64 Lakh Crore: AMFI

Net inflows into equity mutual funds rose 30.61 per cent month-on-month to Rs 38,306.55 crore in September, while the industry's total assets under management (AUM) stood at Rs 82.64 lakh crore, according to data released by the Association of Mutual...

October 12, 2026 10:57 AM

Foreign institutional investors’ holdings in India grew 3.6 times to $783 billion since 2012

The decline in foreign institutional investor (FII) ownership of Indian equities to a 17-year low of 15.1 per cent should not be viewed in isolation, as the absolute value of FII holdings has increased 3.6 times to around $783 billion since 2012, a...