DDIndia Business: Economic Headlines & Updates

Business

October 29, 2025 1:10 PM

GST cuts, festive demand to lift India’s industrial growth in coming months: report

India’s industrial activity is expected to pick up over the next three months as recent GST rate cuts boost demand and spur output, Bank of Baroda said in a report on Wednesday. The announcement of GST reforms, combined with the ongoing festive se...

October 29, 2025 1:14 PM

Apple hits $4 trillion market value as new iPhone models revitalize sales

Apple briefly topped $4 trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race. Its stock briefly rea...

October 29, 2025 1:14 PM

Microsoft, OpenAI reach deal removing fundraising constraints for ChatGPT maker

Microsoft and OpenAI announced a restructuring deal on Tuesday that frees the ChatGPT maker to move away from its nonprofit roots and likely go public so it can finance CEO Sam Altman's ambitious plans to develop data centers and cutting-edge techn...

October 29, 2025 11:43 AM

Piyush Goyal Meets European Trade Commissioner to Discuss India–EU Free Trade Agreement

Union Minister of Commerce and Industry Piyush Goyal visited Brussels from October 26–28, where he met with Maros Sefcovic, European Commissioner for Trade and Economic Security, and his team to discuss outstanding issues in the ongoing India–EU ...

October 29, 2025 10:01 AM

Sensex, Nifty open flat ahead of U.S. Fed policy decision; asian markets rally on rate cut hopes

Indian equity markets opened flat on Wednesday as investors awaited the outcome of the U.S. Federal Reserve meeting, even as most Asian markets traded higher on hopes of a rate cut. The Nifty 50 index opened at 25,982, up 45.80 points or 0.18 per ce...

October 28, 2025 10:26 PM

India poised to emerge as global refining and energy hub: Hardeep Singh Puri

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Tuesday said that India’s petroleum and energy sector is entering a transformative phase that will redefine its position in the global energy landscape. Highlighting the sector...

October 28, 2025 5:14 PM

India’s industrial output grows 4% in September, manufacturing leads recovery

India’s Index of Industrial Production (IIP) recorded year-on-year growth of 4.0 per cent in September 2025, driven by strong performance in manufacturing, the Ministry of Statistics & Programme Implementation announced on Tuesday. Manufacturi...

October 28, 2025 4:11 PM

Sensex, Nifty end lower amid volatile trade

Indian stock markets ended lower on Tuesday after a volatile trading session, as investors booked profits in select sectors and adopted a cautious approach. The Sensex slipped 150.68 points, or 0.18 per cent, to close at 84,628.16, while the Nifty d...

October 28, 2025 5:01 PM

Cabinet approves nutrient-based subsidy rates for Rabi 2025-26 fertilizers

The Union Cabinet on Tuesday approved the Nutrient-Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilizers for the upcoming Rabi season 2025–26. The decision, taken at a meeting chaired by Prime Minister Narendra Modi, covers t...

October 28, 2025 3:59 PM

WTO Chief calls for reform of consensus rule amid trade disruption

The head of the World Trade Organization (WTO) on Tuesday called for reforms of the 30-year-old institution, highlighting its consensus rule that requires unanimous agreement among members to secure global trade deals. "We need to reform the system,...