IBT Business Desk

Articles by IBT Business Desk

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India's retail inflation rises to 6.21 pc in Oct as vegetables play spoilsport

India's retail price inflation, based on the Consumer Price Index (CPI), rose to 6.21 per cent in October as higher prices of food items such as vegetables spiked during the month, figures released by the Ministry of Statistics on Tuesday showed.

Nov 12, 2024

India's public sector banks clocks 11 pc growth at Rs 236 lakh crore in April-Sep FY25

Public sector banks (PSBs) showed strong performance in the first half of current fiscal (FY25) with 11 per cent annual growth.

Nov 12, 2024

vistara airasia india aviation policy india domestic air traffic air fare promotion offer tickets discount sale price business slowdown

Vistara merger with Air India takes off; Group to now operate 300 aircraft

The Air India Group on Tuesday completed the operational integration and legal merger between Air India and Vistara, creating a full-service carrier of scale and marking a significant milestone in the post-privatisation transformation journey.

Nov 12, 2024

Bears on prowl! Sensex tanks 820 points, Nifty below 24,000

The Indian stock market closed in red on Tuesday as heavy selling was seen in all sectors except IT and realty.

Nov 12, 2024

India breaks into world's top 6 ranks as patent filings double in last 5 years

India's patents and industrial design filings for Intellectual Property rights doubled between 2018 and 2023, taking the country to the sixth rank, according to the latest World Intellectual Property Organisation's (WIPO) annual report.

Nov 12, 2024

Rural consumption of FMCG goods surged 60 pc over last 2 years: Report

There has been a 60 per cent rise in the average FMCG basket size among India's rural consumers in the last two years, driven by a growing preference for convenience products, according to the latest Group M and Kantar report released on Monday.

Nov 11, 2024

SIP inflow hits Rs 25,000 crore for 1st time, equity fund inflows at record Rs 41,887 crore

The monthly systematic investment plan (SIP) inflow made a new all-time high in India at Rs 25,323 crore in October, from Rs 24,509 crore in September, according to the latest data from the Association of Mutual Funds in India (AMFI) on Monday.

Nov 11, 2024

US oil drilling costs may reach $67-$70 per barrel by 2026 under Trump

The Donald Trump presidency in the US could have a significant impact on the oil market, with potential growth largely dictated by price.

Nov 11, 2024

Vistara operating last flights as merger with Air India takes off on Tuesday

Full-service airline Vistara will operate its last flights today as it will be merged with the Air India Group on Tuesday.

Nov 11, 2024

LIC's new premiums surge by 22.5 pc to Rs 1.33 lakh crore in current fiscal year

Life Insurance Corporation of India (LIC), the country's largest insurer, has achieved a 22.52 per cent increase in new business premiums at Rs 1,32,680.98 crore during the first seven months of FY25, compared to the corresponding figure of Rs 1,08,289.78 crore in the same period of the previous fiscal year, data showed on Monday.

Nov 11, 2024

Trump's return likely to bolster India's textile trade with US: Industry

The Confederation of Indian Textile Industry (CITI) on Monday said the return of Donald Trump as the next US President will bolster India's textile and apparel trade with its largest international market.

Nov 11, 2024

Gold prices fall to Rs 77,000 per 10 grams; sliver below Rs 91,000 per kg

Domestic prices of gold slipped to Rs 77,000 per 10 grams on Monday due to poor demand after the festive season ended.

Nov 11, 2024

RIL mcap decreases by Rs 74,000 crore; SBI, TCS, Infosys biggest gainers

The Indian stock market witnessed a weak trend in the last week due to heavy selling in the largecaps.

Nov 10, 2024

India's steel exports clock double digit growth in October

India's steel exports recorded a double-digit growth of 11 per cent in October compared to the previous month, indicating an improved outlook for the sector, according to data compiled by the Ministry of Steel.

Nov 10, 2024

India's smartphone market estimated to grow 7-8 pc this year

Estimates show India's smartphone market to grow by 7 to 8% this year

India's smartphone market is estimated to grow 7-8 per cent this year, driven by strong demand for premium, 5G and AI smartphones, according to a new report.

Nov 9, 2024

India's power sector set for robust growth amid renewable energy push

As India is poised to see a surge in energy demand than any other country over the next decade owing to its sheer size and scale of rising demand from all sectors, the country's power transmission sector is set for significant growth due to ambitious renewable energy targets.

Nov 9, 2024

5G data consumption 4 times faster than 4G in India: Report

Seamless Connectivity: Centre to develop tech for highspeed, ultra-low latency 5G services

To further ensure high-speed and ultra-low latency services required in 5G, the Department of Telecommunications (DoT) on Saturday said it has signed an agreement with Linearized Amplifier Technology Services and Vedang Radio Tech.

Nov 9, 2024

Sensex snaps five-day losing streak, Nifty closes above 24,300

Indian stock market remains on consolidation path, DIIs absorb heavy selling

The week saw Donald Trump returning to power in the US election amid a second consecutive rate cut by Fed this year, as the Indian stock market continued to experience consolidation due to heightened selling pressure from foreign institutional investors (FIIs).

Nov 9, 2024

Indian stock market ends flat, Nifty below 24,150

The Indian stock market closed flat on Friday as selling was seen in the auto, PSU bank, financial service, metal, and realty sectors at the end of trading.

Nov 8, 2024

78 lakh EPS pensioners to benefit as new payment system clears pilot run

Union Minister of Labour and Employment, Dr Mansukh Mandaviya, on Friday announced the successful completion of pilot run of the new Centralised Pension Payments System (CPPS) under the Employees' Pension Scheme 1995 aimed at enhancing pension services.

Nov 8, 2024

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Articles by IBT Business Desk

India's retail inflation rises to 6.21 pc in Oct as vegetables play spoilsport

India's public sector banks clocks 11 pc growth at Rs 236 lakh crore in April-Sep FY25

Vistara merger with Air India takes off; Group to now operate 300 aircraft

Bears on prowl! Sensex tanks 820 points, Nifty below 24,000

India breaks into world's top 6 ranks as patent filings double in last 5 years

Rural consumption of FMCG goods surged 60 pc over last 2 years: Report

SIP inflow hits Rs 25,000 crore for 1st time, equity fund inflows at record Rs 41,887 crore

US oil drilling costs may reach $67-$70 per barrel by 2026 under Trump

Vistara operating last flights as merger with Air India takes off on Tuesday

LIC's new premiums surge by 22.5 pc to Rs 1.33 lakh crore in current fiscal year

Trump's return likely to bolster India's textile trade with US: Industry

Gold prices fall to Rs 77,000 per 10 grams; sliver below Rs 91,000 per kg

RIL mcap decreases by Rs 74,000 crore; SBI, TCS, Infosys biggest gainers

India's steel exports clock double digit growth in October

Estimates show India's smartphone market to grow by 7 to 8% this year

India's power sector set for robust growth amid renewable energy push

Seamless Connectivity: Centre to develop tech for highspeed, ultra-low latency 5G services

Indian stock market remains on consolidation path, DIIs absorb heavy selling

Indian stock market ends flat, Nifty below 24,150

78 lakh EPS pensioners to benefit as new payment system clears pilot run

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'