IBT Business Desk

Articles by IBT Business Desk

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Sensex, Nifty surge as markets cheer Economic Survey ahead of Budget

Stock market opens flat awaiting RBI rate cut decision

The NSE Nifty 50 and BSE Sensex were trading almost flat early on Friday ahead of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting to announce its decision on India's benchmark repo rate.

Feb 7, 2025

Sensex and Nifty plunge over 1 per cent amid mixed cues, realty shares drag

Sensex, Nifty end lower as investors await RBI MPC decision

The Indian stock market on Thursday closed lower as investors remained cautious ahead of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) decision on the rate cut scheduled for February 7.

Feb 6, 2025

Stock market trades nearly flat amid RBI's rate cut possibility

Stock market: Sensex, Nifty trade nearly flat amid RBI's rate cut possibility

The stock market was trading almost flat early on Thursday, as investors wait for the outcome of the RBI's monetary policy committee (MPC) meeting, which is slated for Friday.

Feb 6, 2025

Cargo containers are seen stacked outside the container terminal of Jawaharlal Nehru Port Trust

Cargo handled at India's major ports surges to 819 million tonnes

The cargo handled at India's major ports has increased from 581.34 million tonnes in 2014-15 to 819.23 million tonnes in FY 2023-24, a compound annual growth rate (CAGR) of 3.5 per cent which is comparable to global standards

Feb 5, 2025

Gold prices set to fall further after Donald Trump's win

Gold hits all-time high at Rs 8,432 per gram amid geo-political uncertainties

Gold prices in India on Wednesday surged to an all-time high at Rs 8,432 per gram with an increase of Rs 1,322 as compared to Rs 8,310 on February 4, supported by safe-haven buying amid global uncertainties.

Feb 5, 2025

RBI likely to cut repo rate by 25 basis points for 1st time in 5 years

The Reserve Bank of India (RBI), in all likelihood, is set to cut the repo rate by 25 basis points for the first time in almost five years, aligning with the Budget's objectives of stimulating economic activity while managing a prudent fiscal position, which provides comfort on currency and inflation fronts, industry experts said on Wednesday.

Feb 5, 2025

South Korea to launch secondary stock trading platform in March

South Korea's financial regulator said on Wednesday that an alternative trading system will set sail in March for greater efficiency and convenience in the trading of securities, heralding an overhaul in the country's stock market.

Feb 5, 2025

RBI MPC: Goldman Sachs predicts 25 bps repo rate cut

The Reserve Bank of India (RBI) is likely to reduce the repo rate by 25 basis points (bps) in its upcoming monetary policy meeting (MPC) announcement

Feb 5, 2025

OpenAI to collaborate with India, Sam Altman hails PM Modi's AI vision

Sam Altman hails PM Modi's AI vision, OpenAI to collaborate with India : Ashwini Vaishnaw

As the artificial intelligence (AI) race heats up globally, India has devised an exhaustive strategy to create a full AI stack and OpenAI is willing to collaborate with the country on this mission

Feb 5, 2025

India set to woo more global players to establish GCCs over next 3-5 years

Global capability centres in India to generate 10 lakh jobs by 2030

India is leading the global capability centre (GCC) race and GCCs are expected to generate 10 lakh jobs in the country in the next six years.

Feb 5, 2025

Indian stock market trades flat, all eyes on RBI MPC meet

The domestic benchmark indices traded almost flat early on Wednesday, after the stock market experienced a strong upward movement as the US trade tariff tensions eased.

Feb 5, 2025

MobiKwik clocks huge 1,000% loss in net profit at Rs 55 cr in Q3; revenue slips 7%

One MobiKwik Systems Limited on Tuesday reported a huge 1,000 per cent consolidated net loss at Rs 55 crore in the December quarter (Q3 FY25), as compared to the net profit of Rs 5 crore from the same period last year (Q3 FY24).

Feb 4, 2025

India's premium smartphone market grows 36%, Apple wins big: CMR

India's premium smartphone segment continued its strong double-digit growth momentum last year, with Apple, for the first time, securing a spot among the top five smartphone brands in India in Q4 2024, according to a new report on Tuesday.

Feb 4, 2025

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

Sensex surges 1,397 points, Nifty ends higher as investors track US tariff developments

The Indian stock market on Tuesday ended on a strong note with both the BSE Sensex and NSE Nifty closed with gains of more than1 per cent as investors closely monitored tariff-related developments in the United States.

Feb 4, 2025

Tata Chemicals shares fall nearly 4 pc after posting Q3 net loss

Shares of Tata Chemicals on Tuesday dropped nearly 4 per cent or Rs 35.5 to trade at Rs 911.1 after the company reported a net loss of Rs 21 crore for the third quarter (Q3) ending December 2024.

Feb 4, 2025

India's fiscal roadmap: Strong growth and stability despite tax cuts, says S&P Global

India's Union Budget aligns with the expectations of steady fiscal consolidation, reinforcing a positive outlook on the country's sovereign credit ratings, according to a report on Tuesday.

Feb 4, 2025

Tax cuts to spur discretionary consumption especially among salaried people: Report

Fiscal consolidation glide path is maintained with the Union Budget and tax cuts should spur discretionary consumption especially among the salaried class, a report showed on Tuesday.

Feb 4, 2025

Indian startups raise $240.85 million this week, Bengaluru leads in funding deals

During the week, 30 Indian startups secured a total of $240.85 million in funding including five growth-stage investments and 20 early-stage rounds.

Feb 3, 2025

Sensex, Nifty fall amid weak global trends; metal, oil & gas stocks hit hard

India's stock markets on Monday were trading lower as weak global cues and a decline in Asian markets weighed on investor sentiment.

Feb 3, 2025

Mining sector records strong growth in production of key minerals

The production of key minerals, such as iron ore, manganese and aluminium, in the country has continued to witness strong growth during the first nine months (April-December) of FY 2024-25, after reaching record production levels in FY 2023-24.

Feb 3, 2025

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Articles by IBT Business Desk

Stock market opens flat awaiting RBI rate cut decision

Sensex, Nifty end lower as investors await RBI MPC decision

Stock market: Sensex, Nifty trade nearly flat amid RBI's rate cut possibility

Cargo handled at India's major ports surges to 819 million tonnes

Gold hits all-time high at Rs 8,432 per gram amid geo-political uncertainties

RBI likely to cut repo rate by 25 basis points for 1st time in 5 years

South Korea to launch secondary stock trading platform in March

RBI MPC: Goldman Sachs predicts 25 bps repo rate cut

Sam Altman hails PM Modi's AI vision, OpenAI to collaborate with India : Ashwini Vaishnaw

Global capability centres in India to generate 10 lakh jobs by 2030

Indian stock market trades flat, all eyes on RBI MPC meet

MobiKwik clocks huge 1,000% loss in net profit at Rs 55 cr in Q3; revenue slips 7%

India's premium smartphone market grows 36%, Apple wins big: CMR

Sensex surges 1,397 points, Nifty ends higher as investors track US tariff developments

Tata Chemicals shares fall nearly 4 pc after posting Q3 net loss

India's fiscal roadmap: Strong growth and stability despite tax cuts, says S&P Global

Tax cuts to spur discretionary consumption especially among salaried people: Report

Indian startups raise $240.85 million this week, Bengaluru leads in funding deals

Sensex, Nifty fall amid weak global trends; metal, oil & gas stocks hit hard

Mining sector records strong growth in production of key minerals

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'