IBT Business Desk

Articles by IBT Business Desk

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India to achieve steel production capacity of 300 million tonnes by 2030

India to up steel production capacity of 300 million tonnes by 2030

India is on a trajectory to achieve steel production capacity of 300 million tonnes (MT) and a per capita consumption of 160 kg by 2030, according to the government.

Apr 20, 2025

India's forex, money markets have doubled in last 4 years: RBI Governor

India's financial markets have developed into a dynamic and resilient force to fuel economic growth with an almost doubling of the foreign exchange market from $32 billion in 2020 to $60 billion in 2024 and the average daily volumes in the overnight money markets surging from about Rs 3 lakh crore to over Rs 5.4 lakh in this four-year period, according to RBI Governor Sanjay Malhotra.

Apr 20, 2025

Sensex, Nifty open higher after Trump pauses tariffs till July 9

Indian stock markets rally over 4.5 pc in holiday-shortened week

Indian benchmark indices wrapped up the week on a strong recovery by surging over 4.5 per cent -- driven by positive signals from both domestic and global factors, experts said on Saturday.

Apr 19, 2025

Data Users' Conference to boost evidence-based policy formulation, effective governance

In a bid to boost evidence-based policy formulation and effective governance, the government on Saturday announced to organise a "Data Users' Conference" in collaboration with the Indira Gandhi Institute of Development Research (IGIDR) in Mumbai.

Apr 19, 2025

Infosys stock falls as company disputes Rs 32,000 crore GST notice

Infosys' Q4 profit dips 11.7 pc to Rs 7,033 crore; announces Rs 22 final dividend

Infosys, one of India's top IT companies, on Thursday reported a 11.7 per cent year-on-year (YoY) drop in its consolidated net profit for the fourth quarter of the financial year 2024-25 (Q4 FY25) to Rs 7,033 crore, compared to Rs 7,969 crore in the same quarter last year.

Apr 17, 2025

Sensex surges over 1,500 points, Nifty Bank at near all-time high

Indian stock markets ended sharply higher on Thursday, extending their winning run for the fourth straight session as strong buying in banking shares helped the domestic indices clocked a robust performance.

Apr 17, 2025

Fitch projects India's GDP growth at 6.4 pc for FY26, retains 6.3 pc for FY27

Fitch Ratings on Thursday projected India's GDP growth at 6.4 per cent for FY26 amid global uncertainties, while retaining the projections for the next financial year (FY27) unchanged at 6.3 per cent.

Apr 17, 2025

US tariff hikes no longer make economic sense: China

A Chinese foreign ministry spokesperson said on Thursday that the United States' 245 per cent tariff on certain products from China no longer makes economic sense.

Apr 17, 2025

Indian stock market opens in red, IT stocks drag

After three consecutive days of gains, the domestic benchmark indices opened in red on Thursday amid weak global cues, as selling was seen in the IT and auto sectors in the early trade.

Apr 17, 2025

India one of preferred markets with resilient macro conditions: Morgan Stanley

A Morgan Stanley report on Wednesday said that India is one of their preferred equity markets where macro conditions are resilient or sufficiently buffered by stimulus.

Apr 16, 2025

Adani Ports to develop berth at Gujarat's Kandla Port for multi-purpose cargo

India's exports of goods and services up 2.65 pc at $73.6 billion in March

India's total exports (merchandise and services combined) saw a 2.65 per cent annual growth at $73.61 billion in the month of March, the Ministry of Commerce and Industry data showed on Wednesday.

Apr 16, 2025

Sensex, Nifty break 7-day winning streak, end lower on profit booking

Indian stock market opens flat, Sensex above 76,700

The domestic benchmark indices opened flat on Wednesday amid weak global cues, as selling was seen in the IT and auto sectors in the early trade.

Apr 16, 2025

Commercial vehicle sales to reach 1 million units in FY26, reclaim pre-Covid level

The domestic commercial vehicle (CV) sales volume are projected to reach 1 million units this fiscal (FY26), reclaiming the pre-pandemic peak logged in fiscal 2019, a Crisil report said on Wednesday.

Apr 16, 2025

India's total exports touch record $820.93 billion in 2024-25 despite global challenges

India's total exports of goods and services increased by 5.5 per cent to a record $820.93 billion during the financial year ended March 31, 2025, compared to $773 billion in the previous fiscal year, despite the uncertainties in the global market, according to Commerce Secretary Sunil Barthwal.

Apr 15, 2025

Indian stock market cheers US tariffs relief; Sensex jumps 1,578 points

Indian stock markets saw a strong rally on Tuesday as benchmark indices surged over the 90-day reciprocal tariffs relief by the US administration, amid similar relief likely for the automotive sector.

Apr 15, 2025

RBI set for deeper easing cycle, Sensex at 82,000 by Dec: Morgan Stanley

Lower inflation and slower growth should allow the RBI to respond with a deeper easing cycle, with a cumulative easing of 100bps and two more cuts in 2025, a Morgan Stanley report said on Tuesday, pegging India's GDP growth at 6.1 per cent for FY26 amid global uncertainties.

Apr 15, 2025

Sensex, Nifty surge over 2 pc as positive global cues boost investors' sentiment

India's frontline equity indices on Tuesday surged in a massive bull rally in the early trade, as positive global cues improved investors' sentiment.

Apr 15, 2025

US dollar falls for 5th straight day amid tariff tensions

The US dollar fell 0.7 per cent on Monday -- marking its fifth day of decline in a row. It pushed the DXY index, which measures the dollar's strength against a group of major currencies, to its lowest level in three years.

Apr 14, 2025

Eating fish laced with carcinogen formalin can damage your kidneys

Fish prices surge ahead of 61-day-long fishing ban in Tamil Nadu

With the annual 61-day fishing ban set to come into effect from midnight on April 14, fish prices have skyrocketed at the Kasimedu fish market in Chennai.

Apr 14, 2025

'Good news': PNB scam whistle-blower's first reaction on Mehul Choksi's arrest, wants him extradited

Hariprasad SV, the whistle-blower in the multi-crore Punjab National Bank (PNB) scam, has welcomed the arrest of fugitive diamantaire Mehul Choksi in Belgium and strongly urged Indian authorities to ensure his extradition, warning that failure to do so would mean a 'national failure'.

Apr 14, 2025

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Articles by IBT Business Desk

India to up steel production capacity of 300 million tonnes by 2030

India's forex, money markets have doubled in last 4 years: RBI Governor

Indian stock markets rally over 4.5 pc in holiday-shortened week

Data Users' Conference to boost evidence-based policy formulation, effective governance

Infosys' Q4 profit dips 11.7 pc to Rs 7,033 crore; announces Rs 22 final dividend

Sensex surges over 1,500 points, Nifty Bank at near all-time high

Fitch projects India's GDP growth at 6.4 pc for FY26, retains 6.3 pc for FY27

US tariff hikes no longer make economic sense: China

Indian stock market opens in red, IT stocks drag

India one of preferred markets with resilient macro conditions: Morgan Stanley

India's exports of goods and services up 2.65 pc at $73.6 billion in March

Indian stock market opens flat, Sensex above 76,700

Commercial vehicle sales to reach 1 million units in FY26, reclaim pre-Covid level

India's total exports touch record $820.93 billion in 2024-25 despite global challenges

Indian stock market cheers US tariffs relief; Sensex jumps 1,578 points

RBI set for deeper easing cycle, Sensex at 82,000 by Dec: Morgan Stanley

Sensex, Nifty surge over 2 pc as positive global cues boost investors' sentiment

US dollar falls for 5th straight day amid tariff tensions

Fish prices surge ahead of 61-day-long fishing ban in Tamil Nadu

'Good news': PNB scam whistle-blower's first reaction on Mehul Choksi's arrest, wants him extradited

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'