IBT Business Desk

Articles by IBT Business Desk

Email : editor@ibtimes.co.in

India's inflation rate 5.6% higher than most other nations: Bank of Baroda

Retail inflation at 5.4 pc in FY24, lowest since pandemic: Economic Survey 2023-24

Timely policy interventions by the government and the Reserve Bank of India's (RBI) price stability measures helped retail inflation stand at 5.4 per cent -- the lowest since the pandemic

Jul 22, 2024

Economic Survey pegs India's GDP growth rate at 6.5-7 pc for 2024-25

The Economic Survey tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday projects India's GDP growth rate at 6.5 to 7 per cent for 2024-25 as it sees the economy on a strong wicket.

Jul 22, 2024

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

As the Centre is set to present the Union Budget 2024-2025 on July 23, stock market experts bet big on four key sectors -- capital goods, defence, electronics system design and manufacturing (ESDM) and Tourism.

Jul 21, 2024

Centre issues advisory on Microsoft Windows outage

The Centre on Friday issued an advisory on the outage of Microsoft Windows owing to CrowdStrike agent 'Falcon Sensor' update.

Jul 20, 2024

23 flights cancelled at Hyderabad Airport due to Microsoft outage

As many as 23 domestic flights were cancelled at Hyderabad's Rajiv Gandhi International Airport (RGIA) on Friday due to Microsoft global outage.

Jul 20, 2024

Stock Market Down, Bear Market, Bearish, Sensex Down

Selloff frenzy grips Indian stock markets, investors lose Rs 8 lakh crore

The Indian equity market witnessed a sharp selloff on Friday, following weak global cues and profit booking on higher levels.

Jul 19, 2024

Infosys' headcount drops 1,908 in Q1 FY25, plans to hire 20,000 freshers as per growth

Infosys' headcount drops 1,908 in Q1 FY25, but plans to hire 20,000 freshers

IT giant Infosys on Thursday reported a drop in headcount by 1,908 in the April-June quarter of the current fiscal (FY25).

Jul 19, 2024

Sensex, Nifty touch all-time record highs as demand for IT stocks revives

The Indian benchmark indices on Thursday saw a sharp rally over renewed buying in IT stocks, ending up for the fourth straight session while touching a new all-time high.

Jul 18, 2024

LIC shares witness huge support, records 78% surge in one year

India's largest insurance company, LIC's shares railed 78 per cent over the last one year, following strong operational performance or positive sentiment for PSU shares among the investors.

Jul 18, 2024

Union Budget: Electronics players pitch for support to local TV manufacturing

Electronics manufacturers on Thursday urged the government to prioritise comprehensive support for the local manufacturing of electronics, including the television industry, on the lines of mobile devices.

Jul 18, 2024

India records robust services sector growth in June, hiring at 2-year high

ADB on same page with other global agencies, forecasts robust growth in India's industrial sector

The Asian Development Bank (ADB) has kept India's growth forecast unchanged at 7 per cent in 2024-25 as it sees the country as the fastest growing economy with robust growth in the industrial sector and a rebound in agriculture due to a better monsoon.

Jul 17, 2024

Up to six months' imprisonment for publishing certain kinds of export/import info

Indian exports remain resilient in Q1 FY25

Indian exports remained resilient in the first quarter of current fiscal (FY25), as core export goods such as drugs and pharmaceuticals, engineering goods, organic and inorganic chemicals and readymade garments exhibited positive growth.

Jul 17, 2024

Automobile sales soar in Apr-June quarter, clock 9 pc growth

The retail sales of automobiles in the country registered a 9 per cent growth in the April-June quarter of the financial year 2024-25, compared to the same period last year, according to figures compiled by the Federation of Automobile Dealers Associations (FADA).

Jul 16, 2024

Zomato, Swiggy hike platform fee to Rs 6 per order

Getting food from Zomato, Swiggy to cost higher as platform fee hiked Rs 6 per order

Food delivery platforms Zomato and Swiggy have once again hiked platform fee to Rs 6 per order from an earlier Rs 5 — a 20 per cent increase.

Jul 15, 2024

SBI hikes lending rates, loans to carry higher rate of interest

The country's largest lender State Bank of India (SBI) has raised its benchmark marginal cost of lending rate (MCLR) by 5-10 basis points with effect from Monday (July 15).

Jul 15, 2024

Centre likely to amend rules for packaged commodities to bring uniformity

Centre weighs options to amend rules for packaged commodities to bring uniformity

In a bid to establish uniformity for packaged commodities, the Department of Consumer Affairs on Sunday proposed to amend rules for packaged commodities meant for retail sale.

Jul 15, 2024

Market outlook: Q1 results, FII inflow, monsoon updates key factors next week

The Indian equity market experienced one of the best weeks of 2024, with the Nifty and Sensex reaching all-time highs of 24,592.20 and 80,893.51, respectively, before closing at 24,502.15 and 80,519.34.

Jul 14, 2024

India has potential to become even as world's 2nd largest economy by 2031, says RBI Dy Governor

Given the country's innate strengths, it is possible to imagine India striking out into the next decade to become the second largest economy in the world not by 2048, but by 2031, and the largest economy of the world by 2060

Jul 13, 2024

FPIs to play key role in pushing India emerge as 3rd largest economy

The net foreign portfolio investor (FPI) inflows turned green this month, both in the equity and debt segment, and as India enters 'Amritkaal', the FPI community will play a major role in positioning it as the third largest economy in the world, market experts said on Saturday.

Jul 13, 2024

India has potential to become world's 2nd largest economy by 2031: RBI Dy Governor

Jul 13, 2024

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Articles by IBT Business Desk

Retail inflation at 5.4 pc in FY24, lowest since pandemic: Economic Survey 2023-24

Economic Survey pegs India's GDP growth rate at 6.5-7 pc for 2024-25

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

Centre issues advisory on Microsoft Windows outage

23 flights cancelled at Hyderabad Airport due to Microsoft outage

Selloff frenzy grips Indian stock markets, investors lose Rs 8 lakh crore

Infosys' headcount drops 1,908 in Q1 FY25, but plans to hire 20,000 freshers

Sensex, Nifty touch all-time record highs as demand for IT stocks revives

LIC shares witness huge support, records 78% surge in one year

Union Budget: Electronics players pitch for support to local TV manufacturing

ADB on same page with other global agencies, forecasts robust growth in India's industrial sector

Indian exports remain resilient in Q1 FY25

Automobile sales soar in Apr-June quarter, clock 9 pc growth

Getting food from Zomato, Swiggy to cost higher as platform fee hiked Rs 6 per order

SBI hikes lending rates, loans to carry higher rate of interest

Centre weighs options to amend rules for packaged commodities to bring uniformity

Market outlook: Q1 results, FII inflow, monsoon updates key factors next week

India has potential to become even as world's 2nd largest economy by 2031, says RBI Dy Governor

FPIs to play key role in pushing India emerge as 3rd largest economy

India has potential to become world's 2nd largest economy by 2031: RBI Dy Governor

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'