IBT Business Desk

Articles by IBT Business Desk

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India's Manufacturing Sector Attracts $165bn FDI

Monday's sharp correction makes markets move uncertain

The correction which had set in on Friday of the previous week (2nd August) continued and we saw a sharp sell-off on Monday. Probably this was a fall which post-covid market participants had never seen before. One must ignore of course the fall witnessed on June 4 when results were declared for the general elections which were lower than what the exit polls had said. This saw a sharp reaction from the markets in India and also globally. Aug 11, 2024
UPI

UPI transactions reach Rs 20.64 lakh crore in July: NPCI

The Unified Payments Interface (UPI)-based transactions surged once again in the month of July, reaching Rs 20.64 lakh crore against Rs 20.07 lakh crore in the previous month – a massive 35 per cent surge (year-on-year), the data released by the National Payments Corporation of India (NPCI) Aug 1, 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
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