IBT Business Desk

Articles by IBT Business Desk

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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

Indian entertainment and media industry's revenue to reach Rs 365,000 crore by 2028

The revenue of entertainment and media industry in the country is projected to reach Rs 365,000 crore by 2028, a compound annual growth rate (CAGR) of 8.3 per cent and outpacing the global rate of 4.6 per cent, a report showed on Monday.

Dec 9, 2024

Adani Group to invest Rs 7.5 lakh crore in Rajasthan towards key infra projects

The Adani Group on Monday announced investments of Rs 7.5 lakh crore in Rajasthan over the next five years to fund several key infrastructure projects.

Dec 9, 2024

Sensex trades higher before RBI MPC outcome

Indian stock market maintains positive outlook as RBI turns more realistic

Amid a positive turnaround from foreign institutional investors (FIIs) to India, the Indian stock market maintained a positive outlook throughout the week as the core sector output in October and stability in service PMI data showed signs of recovery

Dec 7, 2024

RBI decisions to ensure better balance between growth, inflation: Industry chambers

Leading industry chambers on Friday welcomed the RBI decisions especially around the repo and cash reserve ratio (CRR) rates, saying that these measures would ensure a better balance between growth and inflation management.

Dec 6, 2024

RBI's MuleHunter.AI proves successful in detecting bank a/cs used for fraud

The Reserve Bank of India (RBI) on Friday announced that a pilot with two large public sector banks on its MuleHunter.AI solution to identify mule bank accounts has yielded encouraging results and urged banks to join the initiative.

Dec 6, 2024

Indian real estate registers $2.5 bn in investments in Q2

More than 3 lakh homes worth Rs 5.1 lakh crore to be sold in 2024 in India

More than 3 lakh homes worth Rs 510,000 crore across 485 million square feet are expected to be sold by the end of this year, according to a new report.

Dec 6, 2024

RBI hikes interest rates on NRI foreign currency deposits

The RBI on Friday increased the interest rate ceilings on Foreign Currency Non-Resident Bank deposits or FCNR (B) deposits which will enable NRIs to earn more on their savings.

Dec 6, 2024

Amazon sued over slow deliveries to low-income areas in US

The attorney general of the US District of Columbia sued Amazon, accusing it of violating consumer protection laws by making slower deliveries to Prime members in historically lower-income neighbourhoods.

Dec 5, 2024

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

Bulls take charge of Dalal Street, Sensex zooms 809 points before MPC announcement

Frontline equity indices ended in green amid volatile sessions on Thursday as buying was seen in the heavyweights IT counters.

Dec 5, 2024

Indian hosiery makers to clock 10-12 pc revenue growth in FY25

The revenue of Indian hosiery makers is projected to increase 10-12 per cent (year-on-year) this fiscal following a revival in rural demand, volume support from the export market and robust modern trade sales, a report showed on Thursday.

Dec 5, 2024

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Articles by IBT Business Desk

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

Indian entertainment and media industry's revenue to reach Rs 365,000 crore by 2028

Adani Group to invest Rs 7.5 lakh crore in Rajasthan towards key infra projects

Indian stock market maintains positive outlook as RBI turns more realistic

RBI decisions to ensure better balance between growth, inflation: Industry chambers

RBI's MuleHunter.AI proves successful in detecting bank a/cs used for fraud

More than 3 lakh homes worth Rs 5.1 lakh crore to be sold in 2024 in India

RBI hikes interest rates on NRI foreign currency deposits

Amazon sued over slow deliveries to low-income areas in US

Bulls take charge of Dalal Street, Sensex zooms 809 points before MPC announcement

Indian hosiery makers to clock 10-12 pc revenue growth in FY25

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'