IBT Business Desk

Articles by IBT Business Desk

Email : editor@ibtimes.co.in

India sees all-time high deal numbers in real estate sector in July-Sep

PE investments in Indian real estate sector surge over 30 pc in 2024

Private equity (PE) investments in the Indian real estate sector reached $4.2 billion in 2024, marking a 32 per cent year-on-year (YoY) growth amid high demand in the warehousing segment, according to a report on Thursday.

Dec 19, 2024

Small-time vendors in Chandigarh anguished over GST hike move on tobacco products

Small-time vendors in Chandigarh anguished over GST hike move on 'sin goods'

Chandigarh's Footpath Cycle and Rehri Fadi Workers Union opposes proposed 35% GST hike on "sin goods", citing income loss and potential smuggling, hurting legal sales.

Dec 19, 2024

Unacademy suffers a loss of Rs 285 crore in FY24

Gaurav Munjal-led edtech platform Unacademy recorded a loss of Rs 285 crore in FY24 compared to Rs 1,592 crore in FY23.

Dec 18, 2024

17.80 lakh new employees enrolled under ESIC in October, a 3 pc growth

As many as 17.80 lakh new employees were enrolled under the Employees' State Insurance Corporation (ESIC) scheme during October this year.

Dec 18, 2024

Sensex ends lower ahead of US Fed rate decision, Nifty at 24,198

The domestic benchmark indices closed in red on Wednesday amid weak global cues as market sentiment remained cautious ahead of the key US Fed meeting.

Dec 18, 2024

Real estate investments in India reach historic high at $8.9 billion in 2024: JLL

Driven by strong growth and political stability, real estate institutional investments in India reached historic high levels at $8.9 billion across 78 deals in 2024, surpassing the previous 2007 record by 6 per cent ($8.4 billion), a report showed on Wednesday.

Dec 18, 2024

Maruti Suzuki India's sales down 3.9 pc in August, Kia India logs 17.1 pc growth

Maruti Suzuki India achieves 2 million units in a calendar year for 1st time

Maruti Suzuki India on Tuesday announced a production milestone of 2 million vehicles in a calendar year for the first time in its history.

Dec 17, 2024

Indian firms raise over Rs 3 lakh crore from stock market in 2024

The year 2024 has been historic for the Indian stock market as companies have raised a record capital of over Rs 3 lakh crore so far this year through Initial Public Offerings (IPOs), Qualified Institutional Placements (QIPs), and Rights Issues, breaking the previous record of raising capital - Rs 1.88 lakh crore in 2021.

Dec 17, 2024

Share market crashes, Sensex tanks over 1,000 pts

The Indian stock market witnessed a sharp decline in noon trade on Tuesday as benchmark indices Sensex and Nifty fell by more than 1 per cent.

Dec 17, 2024

Meghalaya Chief Minister Conrad K Sangma said the state is witnessing transformative growth

North-East gateway to vast Southeast Asian markets, Scindia tells investors

North-East is India's gateway to the South and investing in the region will give investors access to the vast Southeast Asian markets

Dec 17, 2024

Open networks can create economic impact of Rs 67K cr annually in India's mobility sector: ONDC

Open Networks can generate an annual economic impact of up to Rs 67,000 crore in India's mobility sector, driving inclusive growth and strengthening local economies.

Dec 16, 2024

Mortgage finance AUM in India projected to grow 16-17 pc in FY25 and FY26

The assets under management (AUM) of mortgage finance loans in the country is expected to grow at a healthy 16-17 per cent this fiscal and the next (FY25 and FY26)

Dec 16, 2024

GST officials search UpGrad offices, edtech unicorn says 'routine survey'

Edtech unicorn upGrad clocks Rs 560 crore loss in FY24

Online skills and learning platform upGrad has recorded a loss of Rs 560 crore in FY24, a decrease from a Rs 1,142 crore loss in FY23.

Dec 16, 2024

India sees highest-ever office space transactions with 33 pc growth in Jan-June period

India to end 2024 with record office space leasing activity, leads globally

India is set to witness a record office space leasing activity in 2024, reaching 83-85 million square feet of gross leasing value (GLV) which is a 13 per cent growth from last year.

Dec 16, 2024

India's trend GDP growth to move closer to 6.5-7 pc in FY25: Crisil

The main macro drivers remain healthy and India's GDP growth is likely to move closer to the trend growth of 6.5-7 per cent this fiscal, a Crisil Insight report said on Monday.

Dec 16, 2024

India's WPI inflation eases to 1.89 pc in November

India's WPI inflation eases to 1.89% in November

India's annual rate of inflation based on the Wholesale Price Index (WPI) eased to 1.89 per cent in November compared to 2.36 per cent in October as the rise in food prices slowed during the month with the fresh crop arriving in the market, data released by the Commerce and Industry Ministry on Monday showed.

Dec 16, 2024

Indian share market opens lower, auto and IT stocks drag

The Indian stock market opened in red on Monday as selling was seen in Nifty's auto, IT, PSU Bank, pharma and metal sectors.

Dec 16, 2024

Indian SCBs clock highest-ever net profit at Rs 23.50 lakh cr in FY24, reduce NPAs

The gross non-performing asset (NPA) ratio for scheduled commercial banks (SCBs) have improved significantly with a reduction to 2.67 per cent in June 2024 from 11.18 per cent in March 2018, according to the government.

Dec 15, 2024

Market Outlook: US Fed policy, FII data and global cues key triggers for next week

A blend of global and domestic factors will influence the stock market outlook for next week. On the global front, particularly the performance of US markets and the Fed's monetary policy decisions will play a significant role; and domestic economic indicators like GDP growth, FIIs and inflation will shape market sentiment.

Dec 15, 2024

Vegetable prices sky-high in Bengal's retail markets ahead of Diwali

Fruits and vegetables per user goes up in India

Per capita availability of fruits and vegetables in India increased by 7 kg and 12 kg, respectively, in the last decade, according to SBI Research report.

Dec 14, 2024

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Articles by IBT Business Desk

PE investments in Indian real estate sector surge over 30 pc in 2024

Small-time vendors in Chandigarh anguished over GST hike move on 'sin goods'

Unacademy suffers a loss of Rs 285 crore in FY24

17.80 lakh new employees enrolled under ESIC in October, a 3 pc growth

Sensex ends lower ahead of US Fed rate decision, Nifty at 24,198

Real estate investments in India reach historic high at $8.9 billion in 2024: JLL

Maruti Suzuki India achieves 2 million units in a calendar year for 1st time

Indian firms raise over Rs 3 lakh crore from stock market in 2024

Share market crashes, Sensex tanks over 1,000 pts

North-East gateway to vast Southeast Asian markets, Scindia tells investors

Open networks can create economic impact of Rs 67K cr annually in India's mobility sector: ONDC

Mortgage finance AUM in India projected to grow 16-17 pc in FY25 and FY26

Edtech unicorn upGrad clocks Rs 560 crore loss in FY24

India to end 2024 with record office space leasing activity, leads globally

India's trend GDP growth to move closer to 6.5-7 pc in FY25: Crisil

India's WPI inflation eases to 1.89% in November

Indian share market opens lower, auto and IT stocks drag

Indian SCBs clock highest-ever net profit at Rs 23.50 lakh cr in FY24, reduce NPAs

Market Outlook: US Fed policy, FII data and global cues key triggers for next week

Fruits and vegetables per user goes up in India

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'