IBT Business Desk

Articles by IBT Business Desk

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Delhi-NCR 5th most expensive office space rental market in Asia-Pacific

Delhi-NCR ranks fifth as most expensive office space rental market in Asia-Pacific: Report

Delhi-NCR is the fifth most expensive office space rental market in the Asia-Pacific (APAC) region, as transactions across the three major markets in India saw a notable 50 per cent increase in the second quarter (Q2) of 2024

Jul 29, 2024

Over 1.4 lakh recognised startups in India created more than 15.5 lakh jobs: Centre

The Centre on Monday said that recognised startups have reported to have generated more than 15.5 lakh direct jobs to date, as it detailed various initiatives taken by ministries and departments to help create even more jobs and nurture young entrepreneurs in years to come.

Jul 29, 2024

Adani Total Gas reports 20 pc PAT growth in Q1, overall volume up 17 pc

Adani Total Gas reports 20 percent PAT growth in Q1, overall volume up 17 percent

Leading city gas distribution (CGD) company Adani Total Gas on Monday reported a robust operational and financial performance in the April-June quarter by achieving a 21 per cent EBITDA (Earnings before Interest, Tax, Depreciation, and Amortisation) growth at Rs 308 crore, on the back of 17 per cent rise in volume

Jul 29, 2024

India's Forex reserves surge to lifetime high of $670.86 bn

India's foreign exchange (Forex) reserves rose for the third-consecutive week to touch a new lifetime high of $670.86 billion as of July 19, according to the latest data released by the RBI on Friday.

Jul 26, 2024

Sensex, Nifty end flat as markets turn to consolidation phase

Nifty closes at all-time high, Sensex surges by 1,292 pts

Indian equity indices closed in the green on Friday following broad based buying in all segments of the markets.

Jul 26, 2024

Sensex comes out of negative sentiment, hovers over positive trade

Indian equity indices opened in the green on Friday following positive global cues. At 9.43 a.m., Sensex was up 329 points or 0.41 per cent, at 80,373 and Nifty was up 118 points or 0.48 per cent, at 24,524.

Jul 26, 2024

LIC stock revives positive spirit, hits new lifetime high of Rs 1,178.60

Shares of state-run insurer Life Insurance Corporation of India (LIC) on Friday touched a new lifetime high of Rs 1,178.60 on the Bombay Stock Exchange (BSE).

Jul 26, 2024

Passport fair will be held in 7 cities of the state including the capital Dehradun on 3rd December.

India's global passport index rises, visa-free access to 58 nations made available

India has been ranked at 82nd spot on a global passport index, allowing Indians visa-free entry to 58 countries, including popular destinations like Indonesia, Malaysia and Thailand.

Jul 25, 2024

Sensex continues to dovetail amid negative sentiments after Budget

Indian equity indices opened in the deep red on Thursday following negative cues from global markets.

Jul 25, 2024

Indexation removal on real estate won't hike tax burden, has limited impact

Indexation removal on real estate will have limited impact: FM

Amid the growing chatter over the removal of indexation benefit in the long-term capital gain (LTCG) calculation, Finance Minister Nirmala Sitharaman has stressed that the move is not a "revenue-raising measure" and will not lead to a higher tax burden on real estate transactions.

Jul 25, 2024

UP women farmers integrate agriculture with fish farming

Budget gives push to fisheries sector with 54 per cent hike in outlay

The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman in the Parliament on Tuesday, has hiked the allocation for the Department of Fisheries by 54 per cent to Rs 2,616.44 crore from Rs 1,701 crore (Revised Estimates) during 2023-24.

Jul 24, 2024

Jammu and Kashmir Lieutenant Governor Manoj Sinha takes part in the virtual 'Pratham Puja' of the Amarnath Yatra at Raj Bhawan

Significant Budget Boost for J&K: Rs 42,277 Crore Allocated by Centre

The Centre has allocated Rs 42,277.74 crore to Jammu and Kashmir (J&K) in the Union Budget 2024-25 with a hike of 1.2 per cent from the Rs 41,751.44 crore given in the last fiscal.

Jul 23, 2024

Centre announces one crore houses for urban poor with Rs 10 lakh crore investment

Union Finance Minister Nirmala Sitharaman on Tuesday proposed an allocation of Rs 2.2 lakh crore for urban housing, along with a Rs 10 lakh crore interest subsidy scheme in the flagship Pradhan Mantri Awas Yojana (PMAY) scheme.

Jul 23, 2024

Budget offers income tax sops for 4 crore salaried individuals

Finance Minister Nirmala Sitharaman offered a bonanza for four crore salaried individuals and pensioners with the Budget announcements for 2024-25.

Jul 23, 2024

Centre convenes all-party meet today ahead of Budget Session

Glad to know FM has taken note of some schemes from Congress manifesto, says Chidambaram

After Union Finance Minister Nirmala Sitharaman introduced many schemes while presenting the Budget on Tuesday, former Finance Minister P. Chidambaram said that he is glad to know that the Finance Minister has read the Congress manifesto of 2024 Lok Sabha elections.

Jul 23, 2024

Union Budget gives major push to Bihar but ends with promise to facilitate 'loans' for AP capital

Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024 in Parliament aimed at giving a major push to Bihar than Andhra Pradesh in view of the upcoming elections in the state.

Jul 23, 2024

Indian real estate registers $2.5 bn in investments in Q2

Union Budget: Centre to assign ULPIN to all land in rural areas, realtors upbeat

Finance Minister Nirmala Sitharaman on Tuesday, while presenting the Union Budget in Parliament, announced a slew of land-related reforms and action proposals, including assigning Unique Land Parcel Identification Number (ULPIN) to all land in rural areas.

Jul 23, 2024

Cancer drugs -- Trastuzumab deruxtecan, Osimertinib and Durvalumab -- to get exemption from customs duty

In a big relief to cancer patients, Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2024, exempted customs duty on three cancer drugs.

Jul 23, 2024

Union Budget 2024: What becomes costlier now?

With Finance Minister Nirmala Sitharaman announcing a major reduction in customs duty on cancer drugs and mobile phones, it is set to considerably bring down their prices in the market. The three cancer drugs are Trastuzumab deruxtecan, Osimertinib and Durvalumab.

Jul 23, 2024

Economic Survey 2023-24: Economy continues to expand, inflation largely under control

The Centre on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha. The survey presented by Finance Minister Nirmala Sitharaman and prepared by the Economic Division under the Ministry of Finance provides a detailed analysis of the economic performance for the fiscal year 2023-24.

Jul 22, 2024

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Articles by IBT Business Desk

Delhi-NCR ranks fifth as most expensive office space rental market in Asia-Pacific: Report

Over 1.4 lakh recognised startups in India created more than 15.5 lakh jobs: Centre

Adani Total Gas reports 20 percent PAT growth in Q1, overall volume up 17 percent

India's Forex reserves surge to lifetime high of $670.86 bn

Nifty closes at all-time high, Sensex surges by 1,292 pts

Sensex comes out of negative sentiment, hovers over positive trade

LIC stock revives positive spirit, hits new lifetime high of Rs 1,178.60

India's global passport index rises, visa-free access to 58 nations made available

Sensex continues to dovetail amid negative sentiments after Budget

Indexation removal on real estate will have limited impact: FM

Budget gives push to fisheries sector with 54 per cent hike in outlay

Significant Budget Boost for J&K: Rs 42,277 Crore Allocated by Centre

Centre announces one crore houses for urban poor with Rs 10 lakh crore investment

Budget offers income tax sops for 4 crore salaried individuals

Glad to know FM has taken note of some schemes from Congress manifesto, says Chidambaram

Union Budget gives major push to Bihar but ends with promise to facilitate 'loans' for AP capital

Union Budget: Centre to assign ULPIN to all land in rural areas, realtors upbeat

Cancer drugs -- Trastuzumab deruxtecan, Osimertinib and Durvalumab -- to get exemption from customs duty

Union Budget 2024: What becomes costlier now?

Economic Survey 2023-24: Economy continues to expand, inflation largely under control

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'