DDIndia Business: Economic Headlines & Updates

Business

October 6, 2025 6:29 PM

India’s passive MF AUM grows six-fold to Rs 12.2 lakh crore in 5 years: Report

Assets under management of passive mutual funds in India reached Rs 12.2 lakh crore in 2025, marking a 6.4-fold increase since 2019 and a compound annual growth rate of approximately 36 per cent, a report said on Monday. Around 76 per cent of retail...

October 6, 2025 5:25 PM

Markets rally on banking, IT gains; Sensex jumps 583 points

Indian stock markets ended strongly on Monday, driven by the strength in financial and banking sector stocks. At the close of the trading session today, BSE Sensex was up 582.95 points or 0.72 per cent at 81,790.12, and the Nifty 50 at National Stoc...

October 6, 2025 2:13 PM

India’s services growth eases in September, PMI at 60.9

India’s services sector activity remained robust in September, with the HSBC India Services Purchasing Managers’ Index (PMI) registering 60.9, according to data released by S&P Global on Monday. Pranjul Bhandari, Chief India Economist at HSB...

October 6, 2025 1:58 PM

PM Orban says Hungary should not adopt euro as EU is ‘disintegrating’

Hungary should not adopt the euro currency as the European Union is "disintegrating" and Hungary should not tie its fate closer to the bloc, Hungarian Prime Minister Viktor Orban said on Monday in an interview with economic news site EconomX. Hungar...

October 6, 2025 1:13 PM

Piyush Goyal to visit Qatar to co-chair India-Qatar joint commission on trade and commerce

Commerce and Industry Minister Piyush Goyal will visit Doha on October 6–7 to co-chair the India-Qatar Joint Commission on Trade and Commerce, alongside Qatar’s Commerce Minister Sheikh Faisal bin Thani bin Faisal Al Thani. The visit underscores...

October 6, 2025 1:17 PM

Japan’s stocks zoom, yen slumps as Takaichi win dims BOJ hike bets

Japanese shares surged to a record high on Monday, while the yen and long-term bonds tumbled as Sanae Takaichi was all but confirmed to become the country's next premier, stoking bets on a revival in big spending and loose monetary policy. The Nik...

October 6, 2025 10:22 AM

Indian markets open flat amid FII outflows, caution ahead of earnings season

The Indian stock markets opened the week on a flat note on Monday, as investors remained cautious amid continuous foreign fund outflows and concerns over high valuations. At the opening bell, the Nifty 50 index rose 22.30 points, or 0.09 per cent, t...

October 5, 2025 5:11 PM

OPEC+ agrees modest oil output hike from November, sources say

OPEC+ will raise oil output from November by 137,000 barrels per day (bpd), the same fairly modest increase as in October, three people close to the matter said on Sunday. The group comprising the Organization of the Petroleum Exporting Countries pl...

October 5, 2025 1:39 PM

Piyush Goyal commends transformative progress in India-Singapore bilateral ties

Marking the 60th anniversary of diplomatic relations between India and Singapore, the business session titled “India-Singapore @60: Partnership for Growth & Engagement” was held in Singapore on Saturday. The event was co-organized by FICCI, C...

October 6, 2025 7:15 AM

UK Prime Minister Keir Starmer to visit India on Oct 8-9, hold talks with PM Modi in Mumbai

The Ministry of External Affairs (MEA) on Saturday said that United Kingdom Prime Minister Keir Starmer will undertake his first official visit to India on October 8-9 at the invitation of Prime Minister Narendra Modi. During the visit, Starmer and ...