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

India's CPI inflation edges up to 5.08 pc in June

India's consumer price inflation edged up to 5.08 per cent in June this year compared to the same month of the previous year as high prices of vegetables and pulses pushed up food inflation during the month, figures released by the Ministry of Statistics on Friday showed.

Jul 12, 2024

Markets at new all-time high, Nifty trades above 24,500 for first time

India equity benchmarks are trading at record highs on Friday following buying in the IT stocks.

Jul 12, 2024

Centre picks 7 homegrown startups to build next-gen tech for aerospace, defence sectors

The government on Thursday awarded seven new projects to startups under the Technology Development Fund scheme for various requirements of the Armed Forces and aerospace and defence sectors.

Jul 12, 2024

Vehicle owners mob petrol stations in J&K resulting in chaos & dry filling stations

India's oil & gas exploration sector offers $100 billion investment opportunity: Union Minister Puri

The exploration and production (E&P) segment of India's oil and gas sector will throw up an investment opportunity of at least $100 billion by 2030

Jul 12, 2024

Adani Group's Vizhinjam Port receives first mothership, puts India in world league

Vizhinjam Port near Kovalam Beach receives first mothership, what it means?

Adani Group's Vizhinjam Port, India's first trans-shipment port near Kovalam Beach in Kerala, received its first mothership on Thursday.

Jul 11, 2024

Urad prices fall as Govt increases procurement; Sown area expands as well

The prices of Urad have started declining in the domestic market on the back of a higher procurement of the summer crop by government agencies and the outlook for the kharif crop has improved with the increase in sown area this year due to a better monsoon

Jul 10, 2024

Telecom PLI scheme: Equipment manufacturing surges, sales cross Rs 50K crore

The telecom equipment manufacturing sales have crossed Rs 50,000 crore under the production-linked incentive (PLI) scheme, creating more than 17,800 direct jobs and many more indirect jobs

Jul 10, 2024

CCPA directs Yatra to refund over Rs 2.5 crore to consumers affected during Covid lockdown

The Central Consumer Protection Authority (CCPA) on Tuesday directed online travel platform Yatra to refund over Rs 2.5 crore pending amount to consumers affected due to cancelled air tickets during the Covid-19 lockdown.

Jul 10, 2024

Stock markets hit fresh all-time high, auto stocks gain after UP govt's road tax waiver

The Indian benchmark indices hit a fresh all-time high on Tuesday led by auto, pharma and FMCG stocks, with Maruti Suzuki India becoming the top gainer after the Uttar Pradesh government's announcement of registration tax waiver on strong hybrid cars.

Jul 9, 2024

Stock Markets soar at opening, auto and pharma shares lead

The benchmark indices opened on a high on Tuesday, with Sensex crossing the 80,000 mark again led by auto and pharma stocks, gaining over 200 points in morning trade.

Jul 9, 2024

Sensex, Nifty end flat as markets turn to consolidation phase

The Indian benchmark indices ended flat on Monday as the stock markets turned to a consolidation phase due to the absence of major triggers to support the current premium valuation in the near term, prompting investors to book some profits.

Jul 8, 2024

Union Budget: Infra push, structural reforms for sustainable growth key industry wish-list

With the government set to present the Union Budget 2024-25 on July 23, industry leaders and experts have reiterated the importance of structural reforms to drive sustainable and inclusive economic growth, especially the critical role of infrastructure development towards India becoming the third largest economy.

Jul 8, 2024

India electricity generation jumps by 15% for May amid scorching heat wave

India's electricity production went up by a robust 15.06 per cent to 167.55 billion units in May this year compared to 145.61 billion in the same month last year, as demand surged amid the scorching heat wave, according to the monthly report of Central Electricity Authority.

Jul 6, 2024

Ola exits Google Maps, develops in-house Ola Maps

India's major ride-hailing company Ola has exited Google Maps and has shifted to its own Ola Maps for cab operations.

Jul 6, 2024

Mobile tariff hike: Centre responds, says market's demand and supply decide it

The government has responded to misleading claims regarding recent mobile services tariff hike, saying with three private and one public sector players, the current mobile services market operates through the market forces of demand and supply.

Jul 6, 2024

Centre announces Rs 200 crore scheme for green hydrogen testing infra

The government on Thursday announced a Rs 200 crore scheme for funding testing facilities, infrastructure, and institutional support for the development of standards and regulatory frameworks under the National Green Hydrogen Mission.

Jul 4, 2024

Global survey ranks India among top three most optimistic nations

A new global survey has ranked India among the top three most optimistic nations, along with Singapore and Indonesia, based on the economic outlook of the people interviewed across various countries.

Jul 4, 2024

Zomato ESOP plan: 25% voted against it but gets shareholders' nod finally

Online food delivery platform Zomato has received shareholders' nod to establish a new employee stock option pool (ESOP) of 18.2 crore shares, with 75 per cent of investors voting in favour and 25 per cent against it, the company said in an exchange filing.

Jul 2, 2024

SEBI issues show-cause notice to Hindenburg, Nathan Anderson over Adani report

The Securities and Exchange Board of India (SEBI) has issued a show-cause notice to Hindenburg Research, Nathan Anderson and the entities of Mauritius-based foreign portfolio investor (FPI) Mark Kingdon for trading violations in the scrip of Adani Enterprises Ltd, leading up to Hindenburg report and thereafter.

Jul 2, 2024

CBDT meets officials to dispel doubts on faceless tax assessment.

GST collection jumps 7.7 pc in June to Rs 1.74 lakh crore

India's gross GST collection rose to Rs 1.74 lakh crore in June this year which represents a 7.7 per cent increase over the same month last year, according to sources.

Jul 2, 2024

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Articles by IBT Business Desk

India's CPI inflation edges up to 5.08 pc in June

Markets at new all-time high, Nifty trades above 24,500 for first time

Centre picks 7 homegrown startups to build next-gen tech for aerospace, defence sectors

India's oil & gas exploration sector offers $100 billion investment opportunity: Union Minister Puri

Vizhinjam Port near Kovalam Beach receives first mothership, what it means?

Urad prices fall as Govt increases procurement; Sown area expands as well

Telecom PLI scheme: Equipment manufacturing surges, sales cross Rs 50K crore

CCPA directs Yatra to refund over Rs 2.5 crore to consumers affected during Covid lockdown

Stock markets hit fresh all-time high, auto stocks gain after UP govt's road tax waiver

Stock Markets soar at opening, auto and pharma shares lead

Sensex, Nifty end flat as markets turn to consolidation phase

Union Budget: Infra push, structural reforms for sustainable growth key industry wish-list

India electricity generation jumps by 15% for May amid scorching heat wave

Ola exits Google Maps, develops in-house Ola Maps

Mobile tariff hike: Centre responds, says market's demand and supply decide it

Centre announces Rs 200 crore scheme for green hydrogen testing infra

Global survey ranks India among top three most optimistic nations

Zomato ESOP plan: 25% voted against it but gets shareholders' nod finally

SEBI issues show-cause notice to Hindenburg, Nathan Anderson over Adani report

GST collection jumps 7.7 pc in June to Rs 1.74 lakh crore

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'