IBT Business Desk

Articles by IBT Business Desk

Email : editor@ibtimes.co.in

Reliance Industries marching towards negative return for 1st time in last 10 years

The share of Reliance Industries Limited (RIL) has underperformed in the last three months, and India's largest private firm stock is heading towards negative return for the first time in the last 10 years.

Dec 13, 2024

Invested over Rs 6,000 crore for revival of inland waterways in 10 years: Minister

The government has invested more than Rs 6,000 crore in the past decade for the revival of inland waterways as a viable alternative of cargo movement as well as improving passenger connectivity

Dec 13, 2024

India's GDP growth to hold steady in FY25, likely to clock 6.7 pc in FY26

India's economic growth will continue to hold steady in FY25 despite global uncertainties, with a projected GDP at 6.7 per cent in FY26, a report showed on Friday.

Dec 13, 2024

Sensex snaps five-day losing streak, Nifty closes above 24,300

Share of top 50 stocks to total market cap at all-time low: Report

Share of the top 50 stocks in the total market capitalisation has hit an all-time low.

Dec 12, 2024

CBDT meets officials to dispel doubts on faceless tax assessment.

Income tax refunds jump 46.3% to Rs 3.04 lakh crore in April-Nov

The number of tax refunds has recorded a 46.31 per cent jump to Rs 3.08 lakh crore between April 1 and November 27 this year compared to the same period of 2023, marking a significant increase in the efficiency of the Income Tax Department.

Dec 12, 2024

25 pc hike in Centre's capex to spur growth in second half of 2024-25: Report

$2.2 trillion in infra investment to help India become $7 trillion economy by 2030; Report

An estimated investment of $2.2 trillion into infrastructure development is imperative to support India's GDP size to expand to $7 trillion by 2030.

Dec 12, 2024

Adani to finance Sri Lankan Port project on its own, withdraws request for US DFC funding

The Adani Ports and Special Economic Zones (APSEZ) Ltd on Tuesday said it will use its own resources to fund a Sri Lankan port project and not seek US funding.

Dec 11, 2024

Sensex closes up by 236 pts, NTPC and Kotak Mahindra Bank top gainers

Indian share market continues flattish trajectory, Sensex above 81,500

At around 9:27 am, Sensex was trading at 81,515.06 after gaining 5.01 points or 0.01 per cent, while the Nifty was trading at 24,623.8 after rising 13.75 points or 0.06 per cent.

Dec 11, 2024

India to be key market for global oil & gas as China slows: HSBC report

India is expected to be the key destination for global oil and gas products as the country adds refinery, petrochem, LNG regasification and pipeline capacity while the Chinese economy slows.

Dec 10, 2024

Centre's Industrial Corridor Projects giving big push to manufacturing: Minister

India's industrial development is getting a big push with work in full swing on projects under the National Industrial Corridor Development Programme (NICDP) aimed at the development of greenfield industrial areas in the country which can compete with the best manufacturing and investment destinations in the world

Dec 10, 2024

Sensex closes flat, ICICI Bank and Bajaj Finserv top gainers

Sensex ends flat: Midcap and smallcap stocks outshine

The Indian stock market closed on a muted note on Tuesday after range-bound trading during the session.

Dec 10, 2024

India hiring sees 11 pc surge in July, retail & telecom jobs lead

India leads hiring outlook globally in Q1 2025: Report

Employers in India foresee a robust employment outlook in Q1 2025, according to a report on Tuesday.

Dec 10, 2024

Indian mutual fund industry's AUM crosses Rs 68 lakh crore for 1st time

The assets under management (AUM) of the mutual funds (MFs) in India increased to Rs 68.08 lakh crore in November from Rs 67.25 lakh crore in October

Dec 10, 2024

SIP investments in India above Rs 25,000 crore for 2nd month in a row

The inflow into systematic investment plans (SIPs) stood at Rs 25,320 crore in November in the country, almost similar to the October figures (Rs 25,323 crore)

Dec 10, 2024

RBI, Finance Ministry coordination at its best, says Shaktikanta Das

The Reserve Bank of India and the Finance Ministry have been on "best terms with excellent coordination and cooperation" over the last six years, outgoing RBI Governor, Shaktikanta Das, said in his farewell address on Tuesday.

Dec 10, 2024

Adani Enterprises to launch maiden Rs 800 crore retail bond issue on September 4

Adani Green fastest wealth creator, Adani Enterprises best all-round wealth creator: MOFSL

Adani Green has emerged as the fastest wealth creator during the five-year period (2019-March 2024), with a compound annual growth rate (CAGR) of 118 per cent

Dec 10, 2024

Indian stocks down, Sensex loses 154 points

The Indian stock market opened flat on Tuesday as selling was seen in Nifty's auto, energy, private bank and Infra sector in early trade.

Dec 10, 2024

Kia India logged domestic sales of 22,523 units in August, a 17.19 per cent

Tata Motors, Kia India to increase prices across passenger vehicles portfolio

Tata Motors on Monday announced to hike prices by up to 3 per cent across its passenger vehicles (PVs) portfolio, including electric vehicles (EVs).

Dec 9, 2024

Sanjay Malhotra to replace Shaktikanta Das as RBI Governor

Who is Sanjay Malhotra? New RBI Governor set to replace long-serving Shaktikanta Das

The Central government on Monday appointed Sanjay Malhotra, Secretary (Revenue) in the Ministry of Finance as the next Reserve Bank of India Governor. He will replace Shaktikanta Das, who with a six-year stint is the second-longest serving RBI Governor.

Dec 9, 2024

India's surging FDI inflows surpass $1,000 billion milestone in last 4 years

Foreign Direct Investment (FDI) inflows into India in the period between April 2000 to Sept 2024 have soared to $1,033.40 billion mark, reflecting the increasing investment opportunities in the country's fast-growing economy, as per figures compiled by the Department for Promotion of Industry and Internal Trade (DPIIT).

Dec 9, 2024

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Articles by IBT Business Desk

Reliance Industries marching towards negative return for 1st time in last 10 years

Invested over Rs 6,000 crore for revival of inland waterways in 10 years: Minister

India's GDP growth to hold steady in FY25, likely to clock 6.7 pc in FY26

Share of top 50 stocks to total market cap at all-time low: Report

Income tax refunds jump 46.3% to Rs 3.04 lakh crore in April-Nov

$2.2 trillion in infra investment to help India become $7 trillion economy by 2030; Report

Adani to finance Sri Lankan Port project on its own, withdraws request for US DFC funding

Indian share market continues flattish trajectory, Sensex above 81,500

India to be key market for global oil & gas as China slows: HSBC report

Centre's Industrial Corridor Projects giving big push to manufacturing: Minister

Sensex ends flat: Midcap and smallcap stocks outshine

India leads hiring outlook globally in Q1 2025: Report

Indian mutual fund industry's AUM crosses Rs 68 lakh crore for 1st time

SIP investments in India above Rs 25,000 crore for 2nd month in a row

RBI, Finance Ministry coordination at its best, says Shaktikanta Das

Adani Green fastest wealth creator, Adani Enterprises best all-round wealth creator: MOFSL

Indian stocks down, Sensex loses 154 points

Tata Motors, Kia India to increase prices across passenger vehicles portfolio

Who is Sanjay Malhotra? New RBI Governor set to replace long-serving Shaktikanta Das

India's surging FDI inflows surpass $1,000 billion milestone in last 4 years

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'