IBT Business Desk

Articles by IBT Business Desk

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redBus launches 'Route to 47' campaign, connecting youth with India's freedom struggle

RedBus, the world's largest online bus ticketing platform, is set to introduce the "Route to 47: Roads of India's Revolutions" campaign as India commemorates its 77th year of independence.

Aug 14, 2024

Sensex closes higher on positive global sentiment

Indian equity indices closed in the green on Wednesday supported by positive action in global markets.

Aug 14, 2024

How Indian community becoming 'mainstay' of US economy, Indiaspora founder shares details

Indiaspora founder MR Rangaswamy highlighted the Indian diaspora's significant contributions to the US economy, with many holding top positions in tech, education, and healthcare. They generate jobs, cater to millions of patients, and tutor students. The community also drives India's growth through investments and philanthropy, bridging the two nations.

Aug 14, 2024

Silicon Valley optimistic of India growth story: MR Rangaswami, Indiaspora founder

Indiaspora founder MR Rangaswami, launching the Impact report on the Indian community's contribution on American economy, has said that the Silicon Valley is highly optimistic of the India growth story and many Indian-Americans are investing in the country's start-up ecosystem.

Aug 14, 2024

Future outlook for residential market in India remains optimistic

Future outlook for real estate market in India remains optimistic: Report

India's real estate market remains optimistic, with a Knight Frank-NAREDCO report showing a Current Sentiment Index Score of 65, indicating a measured outlook. Residential and office demands are driving growth, with 63% expecting rising residential prices and 51% anticipating increased sales. The office market also shows buoyancy in leasing, supply, and rent.

Aug 14, 2024

Axis Bank-Max Life deal: Delhi HC rejects Subramanian Swamy's PIL for probe

Axis Bank on Monday welcomed the Delhi High Court's decision to dispose of a public interest litigation (PIL) filed by Bharatiya Janata Party (BJP) leader Subramanian Swamy concerning the transactions with respect to Max Life Insurance.

Aug 13, 2024

Sensex falls 885 points, investors lose over Rs 4 lakh crore

Sensex trades flat as uncertainty over SEBI-Hindenburg row continues

Indian frontline indices saw a muted opening on Tuesday due to volatility in the market.

Aug 13, 2024

Amid Hindenburg row, Emkay gives Adani Green 'buy' rating

Adani Green Energy's renewable capacity grows 41% in five years, brokerage firm Emkay Global initiates coverage with 'buy' recommendation.

Aug 12, 2024

India's Manufacturing Sector Attracts $165bn FDI

Monday's sharp correction makes markets move uncertain

The correction which had set in on Friday of the previous week (2nd August) continued and we saw a sharp sell-off on Monday. Probably this was a fall which post-covid market participants had never seen before. One must ignore of course the fall witnessed on June 4 when results were declared for the general elections which were lower than what the exit polls had said. This saw a sharp reaction from the markets in India and also globally.

Aug 11, 2024

Latest Hindenburg allegations 'malicious' and no more than red herrings: Adani Group

The Adani Group on Sunday vehemently rejected the latest allegations by Hindenburg Research as "malicious, mischievous and manipulative selections of publicly available information" to arrive at "pre-determined conclusions for personal profiteering with wanton disregard for facts and the law".

Aug 11, 2024

Centre approves 8 railways projects worth Rs 24,657 cr, to create 3 cr man-days

The Cabinet Committee on Economic Affairs (CCEA) on Friday approved eight railways projects worth about Rs 24,657 crore.

Aug 10, 2024

Food & grocery delivery, digital payments top Indians' priorities on smartphones

Daily online grocery demand slows down, FMCG sales drop: Report

India's FMCG sector growth slows to 4% in Q1 FY25, but rural demand rises, driving optimism for 4.5-6.5% growth in FY24.

Aug 9, 2024

Clearing time for cheques to be cut from 2 days to a few hours: RBI

The RBI aims to reduce the clearing time required for bank cheques to a few hours as part of a major step to facilitate the ease of doing business in the country, RBI Governor Shaktikanta Das

Aug 8, 2024

RBI to end scam by fake loan apps, public repository to be created for digital lending apps

To address the problems arising from unauthorised digital lending apps (DLAs), the Reserve Bank proposes to create a public repository of DLAs deployed by its regulated entities to help consumers verify a digital lender.

Aug 8, 2024

RBI hikes limit for tax payments via UPI from Rs 1 lakh to Rs 5 lakh

The Reserve Bank has decided to enhance the limit for tax payments through UPI from Rs 1 lakh to Rs 5 lakh per transaction.

Aug 8, 2024

Sensex trades lower, RBI MPC decides to keep repo rate unchanged

Indian equity indices opened lower on Thursday ahead of Reserve Bank of India (RBI) Governor Shaktikanta Das announcing MPC decisions.

Aug 8, 2024

Weekly Wrap: Sensex ends lower, recession fears grip global markets

Indian equity indices witnessed a loss in the last week due to fear of recession in the global market.

Aug 3, 2024

Bears still upset over Budget, Sensex falls 885 points, investors lose Rs 4 lakh crore

Indian equity indices closed in the deep red on Friday session following profit booking on higher levels.

Aug 2, 2024

UPI transactions reach Rs 20.64 lakh crore in July: NPCI

The Unified Payments Interface (UPI)-based transactions surged once again in the month of July, reaching Rs 20.64 lakh crore against Rs 20.07 lakh crore in the previous month – a massive 35 per cent surge (year-on-year), the data released by the National Payments Corporation of India (NPCI)

Aug 1, 2024

Sensex, Nifty close flat amid volatility

Indian equity indices closed flat on Tuesday amid volatile sessions.

Jul 30, 2024

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Articles by IBT Business Desk

redBus launches 'Route to 47' campaign, connecting youth with India's freedom struggle

Sensex closes higher on positive global sentiment

How Indian community becoming 'mainstay' of US economy, Indiaspora founder shares details

Silicon Valley optimistic of India growth story: MR Rangaswami, Indiaspora founder

Future outlook for real estate market in India remains optimistic: Report

Axis Bank-Max Life deal: Delhi HC rejects Subramanian Swamy's PIL for probe

Sensex trades flat as uncertainty over SEBI-Hindenburg row continues

Amid Hindenburg row, Emkay gives Adani Green 'buy' rating

Monday's sharp correction makes markets move uncertain

Latest Hindenburg allegations 'malicious' and no more than red herrings: Adani Group

Centre approves 8 railways projects worth Rs 24,657 cr, to create 3 cr man-days

Daily online grocery demand slows down, FMCG sales drop: Report

Clearing time for cheques to be cut from 2 days to a few hours: RBI

RBI to end scam by fake loan apps, public repository to be created for digital lending apps

RBI hikes limit for tax payments via UPI from Rs 1 lakh to Rs 5 lakh

Sensex trades lower, RBI MPC decides to keep repo rate unchanged

Weekly Wrap: Sensex ends lower, recession fears grip global markets

Bears still upset over Budget, Sensex falls 885 points, investors lose Rs 4 lakh crore

UPI transactions reach Rs 20.64 lakh crore in July: NPCI

Sensex, Nifty close flat amid volatility

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'