IBT Business Desk

Articles by IBT Business Desk

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Indian startup ecosystem witnesses 13 large funding rounds in 2024

The Indian startup ecosystem witnessed a surge in large funding rounds (over $100 million) in 2024, as startups' focus has shifted to profitability along with growth.

Sep 5, 2024

Sensex down by 202 points, Nifty drops below 25,200

Indian equity indices closed in the red on Wednesday due to negative global sentiments.

Sep 4, 2024

Govt to clear FAME 3 scheme for faster EV adoption in 1-2 months: Minister

he Centre to clear the third Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicle (FAME) scheme to promote electric vehicle (EV) adoption.

Sep 4, 2024

43 pc of WazirX customers to lose their money, demand grows for scrutiny

Bowen said that the government received bids for 19 GW in total storage capacity, and the winning projects' total storage capacity will exceed what was initially planned.

Sep 4, 2024

Centre plans 74 new tunnels worth Rs 1 lakh crore to bolster highway network

In a move to bolster the highway network across the country, the government is planning to build 74 new tunnels at a projected expense of Rs 1 lakh crore over the next few years.

Sep 4, 2024

India's fintech startups grow fivefold in last three years

India's financial sector is growing at a rapid pace as fintech startups have grown by about five times in the past three years, according to a report. The growth has been from 2,100 in 2021 to 10,500 in 2024.

Sep 4, 2024

Rs 750 crore 'AgriSURE Fund' to empower startups, boost rural economy

In a pioneering step toward revolutionising the agricultural landscape in India, the government has launched the 'AgriSURE Fund' with a capital pool of Rs 750 crore to further drive investments that will empower farmers and boost the rural economy.

Sep 4, 2024

Sensex closes flat, ICICI Bank and Bajaj Finserv top gainers

Indian equity indices closed flat on Tuesday amid mixed global signals and the absence of significant new catalysts.

Sep 3, 2024

Women plant rice saplings in a paddy field at Bamuni village

Favourable monsoon boosts paddy sowing beyond normal levels this year

Better monsoon this year has helped paddy sowing surpass the average area of the last five years. The paddy cultivation reached 408.72 lakh hectares (as of September 2), exceeding the average of 401.55 lakh hectares.

Sep 3, 2024

Centre urges state govts to include marginalised workers under PM housing scheme

The Centre on Tuesday requested state governments to extend the benefits of the Pradhan Mantri Awas Yojana (PMAY) to disadvantaged workers, to ensure social justice and enhance ease of living.

Sep 3, 2024

Sensex closes above 82,500 points for first time ever

Indian equity indices closed at a record high on Monday following a positive sentiment in the market.

Sep 2, 2024

Sensex opens at all-time high on positive global cues

Indian equity frontline indices opened at an all-time high on Monday following a rally in the US market.

Sep 2, 2024

Maruti Suzuki India's sales down 3.9 pc in August, Kia India logs 17.1 pc growth

Maruti Suzuki India sold a total of 1.82 lakh units in August, down nearly 3.9 per cent (year-on-year) from 1.89 lakh units in the same month last year.

Sep 1, 2024

India's April-Dec fiscal deficit at 55% of full year target

India's fiscal deficit for April-July stands at 17.2 pc of full-year target

The Central government's fiscal deficit in the first four months (April-July) of the current financial year stands at Rs 2.77 lakh crore.

Aug 31, 2024

Over 200 pc surge in property registrations among Mumbai's elderly post-Covid

Over 200 pc surge in property registrations among Mumbai's elderly people in post-Covid period

The share of overall property registrations by buyers of aged 61 and above surged 204 per cent in Mumbai, increasing from 7,554 in 2020 to 15,276 in 2024, as elderly buyers sought better properties for a stable lifestyle.

Aug 30, 2024

India's tyre exports bounce back in April-June quarter

India's tyre exports have bounced back in the first quarter (April-June) of the current financial year with a 17 per cent jump to Rs 6,219 crore, according to a statement issued by the Automotive Tyre Manufacturers Association (ATMA).

Aug 30, 2024

Nifty likely to reach 26,820 in next 12 months, following good monsoon conditions: Report

Nifty is likely to meet a 12-month target of 26,820, revised higher from earlier target of 26,398, market analysts said on Friday, amid high expectations for a festival season revival, supported by favourable monsoon conditions, and a strong infrastructure spending push by the government.

Aug 30, 2024

Adani Enterprises to launch maiden Rs 800 crore retail bond issue on September 4

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Articles by IBT Business Desk

Indian startup ecosystem witnesses 13 large funding rounds in 2024

Sensex down by 202 points, Nifty drops below 25,200

Govt to clear FAME 3 scheme for faster EV adoption in 1-2 months: Minister

43 pc of WazirX customers to lose their money, demand grows for scrutiny

Centre plans 74 new tunnels worth Rs 1 lakh crore to bolster highway network

India's fintech startups grow fivefold in last three years

Rs 750 crore 'AgriSURE Fund' to empower startups, boost rural economy

Sensex closes flat, ICICI Bank and Bajaj Finserv top gainers

Favourable monsoon boosts paddy sowing beyond normal levels this year

Centre urges state govts to include marginalised workers under PM housing scheme

Sensex closes above 82,500 points for first time ever

Sensex opens at all-time high on positive global cues

Maruti Suzuki India's sales down 3.9 pc in August, Kia India logs 17.1 pc growth

India's fiscal deficit for April-July stands at 17.2 pc of full-year target

Over 200 pc surge in property registrations among Mumbai's elderly people in post-Covid period

India's tyre exports bounce back in April-June quarter

Nifty likely to reach 26,820 in next 12 months, following good monsoon conditions: Report

Adani Enterprises to launch maiden retail bond issue on Sept 4 to raise Rs 800 crore

Sensex ends flat, Nifty at 25,052 after hitting fresh all-time high

Centre approves 3 railways projects worth Rs 6,456 cr, to create 114 lakh man-days

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'