Economy Archives - DD India

Economy

June 3, 2026 10:21 PM

Centre Launches ‘Navachar Mantra’ to Support Grassroots Innovators, Applications Open Till July 5

The Ministry of Skill Development and Entrepreneurship (MSDE) on Wednesday launched ‘Navachar Mantra’, a national initiative aimed at identifying, nurturing and scaling grassroots innovations and early-stage entrepreneurship across India, with a ...

June 3, 2026 9:55 PM

CEPA with Oman comes as big boost for India’s textile sector

The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which came into force this week, provides significant market access opportunities for India’s textiles and apparel sector to expand exports in a key Gulf market. Oman has accord...

June 3, 2026 7:03 PM

UK Trade Secretary Visits India to Fast-Track Free Trade Agreement Implementation

The UK-India Business Council (UKIBC) has welcomed the visit of UK Secretary of State for Business and Trade Peter Kyle to India, underscoring the need for the early implementation of the India-UK Free Trade Agreement (FTA) to boost bilateral economi...

June 3, 2026 5:02 PM

Sensex, Nifty end lower as IT stocks drag markets

Indian equity benchmark indices ended lower on Wednesday, although they recovered a significant portion of intra-day losses supported by gains in PSU bank and financial stocks. Markets witnessed sharp volatility during the session, with heavy sellin...

June 3, 2026 3:56 PM

OECD Projects India’s Growth at 6.3% in FY27, 6.4% in FY28 Despite Global Economic Headwinds

India is projected to grow by 6.3 per cent in 2026-27 (FY27) and 6.4 per cent in 2027-28 (FY28), despite mounting global economic challenges stemming from the ongoing West Asia conflict, according to the latest outlook released by the Organisation fo...

June 3, 2026 1:12 PM

IEPFA, SEBI to hold Niveshak Shivir in Bhopal on June 5

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, in collaboration with the Securities and Exchange Board of India (SEBI), will organise a day-long 'Niveshak Shivir' in Bhopal on June 5 to assist i...

June 3, 2026 12:04 PM

India’s services sector growth accelerates to six-month high in May: HSBC PMI

India's services sector recorded stronger growth in May, supported by rising demand, increased business activity and a rebound in export orders, according to the latest HSBC India Services Purchasing Managers' Index (PMI) survey. The seasonally ...

June 3, 2026 10:19 AM

RBI MPC meeting begins; inflation, growth outlook in focus

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) began its three-day policy meeting on Wednesday, with economists largely expecting the central bank to keep key interest rates unchanged amid inflation concerns and global uncertaintie...

June 3, 2026 10:17 AM

Sensex, Nifty open lower amid FII outflows and West Asia tensions

Indian benchmark equity indices opened lower on Wednesday, extending losses from the previous session as continued foreign institutional investor (FII) outflows and geopolitical tensions in West Asia weighed on investor sentiment. The BSE Sensex...

June 3, 2026 9:18 AM

Oil jumps on Mideast missiles while AI bulls carry stocks higher

Oil prices rose for a third day running on Wednesday and the dollar was on the brink of breaking above 160 yen as fresh hostilities flared in the Gulf after U.S.-Iran peace talks stalled. U.S. crude futures jumped around 2% to $95.40 a barrel. The d...

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