IBT Business Desk

Articles by IBT Business Desk

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Sensex, Nifty close at all-time high, led by metal and auto shares

Sensex closes above 83,000; Bharti Airtel, NTPC top gainers

Indian equity indices closed with marginal gains as market investors shifted their focus to the US Federal Open Market Committee's policy meeting, starting later in the day on Tuesday.

1 day ago

Bajaj Housing Finance debuts at Rs 150 with premium of 114 pc over issue price

Shares of the Bajaj Housing Finance Limited listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) at Rs 150 per share each with a premium of 114 per cent against its issue price of Rs 70 per share.

2 days ago

India sees healthy 8 pc increase in overall rainfall, positive for inflation outlook

India saw a healthy 8 per cent increase in overall rainfall above the long-term average (till September 13) as average retail prices of vegetables and milk cooled down, a report showed on Monday.

2 days ago

Sensex trades at all-time high, PSU bank and metal stocks lead

Indian equity indices opened with gains on Monday, tracking American markets as investors expect a rate cut by the US Fed that further boosts market sentiment.

2 days ago

Sensex trades lower, ITC and HUL top losers

Sensex down 200 points, ITC, Asian Paints and HUL top losers

Indian frontline indices opened lower on Friday due to heavyweights like ITC, HUL, Asian Paints and M&M falling the most.

5 days ago

Stock Market: Sensex, Nifty close at all-time high, led by metal and auto shares

Indian equity indices closed in the green on Thursday led by metal, auto and banking stocks.

6 days ago

Adani Ports to develop berth at Gujarat's Kandla Port for multi-purpose cargo

Adani Ports Set to Build New Multi-Purpose Cargo Berth at Kandla Port, Gujarat

Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday announced it will develop a multi-purpose berth at Kandla Port in Gujarat.

7 days ago

Apple iPhone 16 being launched globally from Indian factories: Ashwini Vaishnaw

Apple hits $5 bn in iPhone exports from India between April and August

Driven by the production-linked incentive (PLI) scheme, Apple has reached around $5 billion in iPhone exports from India in the April-August period this fiscal.

7 days ago

5 cr MSMEs registered, aim to ramp up credit guarantees by another Rs 5 lakh cr: Centre

Registered MSMEs in India have surged from 1.65 crore to 5 crore due to government efforts. The Credit Guarantee Trust for Micro and Small Enterprises has extended credit guarantees worth Rs 4 lakh crore in the last two years.

8 days ago

Power demand in India declines for 1st time in 15 months, hydro gains steam

Peak power demand in India is estimated to have declined to 217 GW in the month of August compared with 238 GW a year earlier which was the second-highest level recorded in fiscal 2024, a report showed on Tuesday.

8 days ago

Health experts hail Centre's move to exempt customs duty on cancer drugs

GST reduction on cancer drugs to make life-saving meds more affordable: Experts

Reduction in tax rates on essential cancer drugs, a crucial step for making life-saving medicines more affordable and accessible to patients.

8 days ago

Indian space startup Pixxel bags NASA contract to support Earth science research

Indian space startup Pixxel has bagged a NASA contract to support Earth science research using the hyperspectral technology.

8 days ago

Hiring outlook in India up 7 pc for Oct-Dec quarter, strongest globally: Report

The employment outlook in India is the strongest worldwide for the October-December period (Q4 2024), showing significant improvement of 7 per cent compared to the ongoing July-September quarter (Q3), a report showed on Tuesday.

8 days ago

PM Modi's Cabinet approves ₹3,300 crore for 'Made in India' semiconductors

Over 250 chip firms from 24 countries to participate in 'Semicon India 2024'

India hosts Semicon India 2024, showcasing growing semiconductor industry presence.

8 days ago

Sensex snaps 3-day losing streak on rebound in FMCG and Pvt Bank shares

Indian equity indices closed higher on Monday, snapping its three-day losing streak following a rally in FMCG and private bank stocks.

9 days ago

Life Insurance Corporation of India (LIC)

LIC's new business premium up 35 pc to Rs 19,309 crore in Aug

LIC of India saw surge in its new business premium for the month of August in the same month last year.

9 days ago

India's defence export projected to grow at 18 pc by 2030: Report

India's defence export is estimated to grow at 18 per cent CAGR (compound annual growth rate) from FY24-FY30, driven by the 'Make in India' initiative and thrust on local manufacturing.

9 days ago

GST reduced tax incidence on common man, to be expanded to remaining sectors

GST Council meet to focus on medical insurance premium, rate rationalization

With an aim to ensure less burden on the taxpayers, the 54th GST Council meeting is likely to deliberate on a slew of issues.

9 days ago

Centre sanctions Rs 576 crore for 4-laning highway in Karnataka

Cost of EVs to match petrol, diesel vehicles by 2026: Nitin Gadkari

Adoption of electric vehicles (EVs) increase in the country, the cost of EVs will almost match petrol and diesel vehicles within the next two years

9 days ago

Indian Institute of Technology (Banaras Hindu University)

IIT Bombay secures record Rs 700 crore fund for research and development

The Indian Institute of Technology (IIT) Bombay secured a record Rs 700 crore as an annual grant for research and development in 2023-24.

11 days ago

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Articles by IBT Business Desk

Sensex closes above 83,000; Bharti Airtel, NTPC top gainers

Bajaj Housing Finance debuts at Rs 150 with premium of 114 pc over issue price

India sees healthy 8 pc increase in overall rainfall, positive for inflation outlook

Sensex trades at all-time high, PSU bank and metal stocks lead

Sensex down 200 points, ITC, Asian Paints and HUL top losers

Stock Market: Sensex, Nifty close at all-time high, led by metal and auto shares

Adani Ports Set to Build New Multi-Purpose Cargo Berth at Kandla Port, Gujarat

Apple hits $5 bn in iPhone exports from India between April and August

5 cr MSMEs registered, aim to ramp up credit guarantees by another Rs 5 lakh cr: Centre

Power demand in India declines for 1st time in 15 months, hydro gains steam

GST reduction on cancer drugs to make life-saving meds more affordable: Experts

Indian space startup Pixxel bags NASA contract to support Earth science research

Hiring outlook in India up 7 pc for Oct-Dec quarter, strongest globally: Report

Over 250 chip firms from 24 countries to participate in 'Semicon India 2024'

Sensex snaps 3-day losing streak on rebound in FMCG and Pvt Bank shares

LIC's new business premium up 35 pc to Rs 19,309 crore in Aug

India's defence export projected to grow at 18 pc by 2030: Report

GST Council meet to focus on medical insurance premium, rate rationalization

Cost of EVs to match petrol, diesel vehicles by 2026: Nitin Gadkari

IIT Bombay secures record Rs 700 crore fund for research and development

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'