IBT Business Desk

Articles by IBT Business Desk

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

Eventful week for Indian stock markets, budget holds key for directional breakout

Bulls made several attempts to bounce back but the overall sentiment remained weak as Nifty slipped for the third consecutive week amid geo-political uncertainties.

Jan 25, 2025

WEF 2025: India grabs investment commitments worth over Rs 20 lakh crore

In a clear show of its economic strength amid geo-political uncertainties, India bagged investment commitments worth more than Rs 20 lakh crore at the annual World Economic Forum (WEF) summit in Davos this week.

Jan 25, 2025

Adani Enterprises' share jumps nearly 5 pc, Adani Ports among top gainers

Reports on projects in Sri Lanka being cancelled false and misleading: Adani Group

The Adani Group on Friday categorically denied reports claiming that Adani's 484 MW wind power projects in Mannar and Pooneryn in Sri Lanka have been cancelled.

Jan 24, 2025

Indian stock market opens flat, PSU bank shares lead

Stock market ends lower as global optimism fails to lift investors' mood

Indian stock markets remained volatile on Friday as selling pressure at higher levels weighed on benchmark indices.

Jan 24, 2025

India's data centre market to grow 21% to reach 3,400 MW by 2030

India is rapidly emerging as a global data centre hub and is projected to see an estimated demand of over 450 megawatt (MW) IT capacity across major cities in 2025, while supply addition is expected to reach 600 MW IT

Jan 24, 2025

Indian stock market opens higher, IT sector shows promise post Q3 earnings

Indian benchmark indices opened higher on Friday, extending gains to day three this week, as Nifty Bank, auto, FMCG and IT sectors led the morning trade.

Jan 24, 2025

3 dead during car test at Hyundai Motor plant in South Korea

Hyundai Motor's 2024 net income up 7.8%, aims to sell 4.17 mn units this year

Hyundai Motor, South Korea's leading automaker, said on Thursday its net profit for 2024 rose 7.8 per cent from a year earlier owing to an increase in the global demand for eco-friendly vehicles.

Jan 23, 2025

Used car sales in India likely to touch 10.8 million in 2030: Report

Used car sales in India likely to touch 10.8 million by 2030: Report

The used car market in India is projected to grow from 4.6 million sales in 2023 to 10.8 million by 2030, cruising ahead with an impressive compound annual growth rate (CAGR) of 13 per cent.

Jan 23, 2025

India's airlines log 6% rise in traffic with 16 crore flyers on domestic routes in 2024

India's domestic air passenger traffic rose by 6.12 per cent to 16.13 crore in 2024 from 15.2 crore in the previous year, according to the latest data compiled by the Directorate General of Civil Aviation (DGCA).

Jan 23, 2025

Budget 2025-26: CII seeks cut in income tax, 3-tier Customs duty to spur growth

Union Budget 2025 may introduce changes in personal income tax slabs: Nomura report

Global financial services company Nomura on Thursday said the Centre will focus on both fiscal consolidation and growth-supportive measures in the upcoming Union Budget for 2025-2026, predicting that the government may introduce changes to the personal income tax slabs to encourage consumer spending.

Jan 23, 2025

Employable percentage of final-year, pre-final year students up 51.3 pc: Centre

Talent shortage: Nearly 4 in 5 Indian employers report difficulty finding skilled talent in 2025, shows report

About 4 in 5 employers in India are expecting cautious hiring in the first quarter of 2025, as ongoing talent shortages continue to hinder recruitment efforts.

Jan 23, 2025

WEF 2025: Infosys to expand Hyderabad campus, create 17,000 jobs

IT major Infosys Limited will expand its presence in Hyderabad to create 17,000 jobs.

Jan 23, 2025

India's construction sector projected to scale $1.4 trillion by 2047; experts focus on green tech

India's construction sector, which is growing exponentially, is projected to reach $1.4 trillion by 2047, according to Shailesh Kumar Agarwal, Executive Director, Building Materials and Technology Promotion Council under the Ministry of Housing and Urban Affairs.

Jan 23, 2025

Expressways to drive significant growth in 30 Indian cities by 2035, Nagpur leads

Amid an unprecedented expansion of road infrastructure, including expressways, India now has 30 cities with significant growth potential beyond well-established locations that show land price growth of up to 5.2 times by 2035.

Jan 23, 2025

HDFC Bank clocks 2.2 pc net profit growth in Q3, gross NPA deteriorates

India's largest private lender HDFC Bank on Wednesday reported a 2.2 per cent rise in its net profit for Q3 this fiscal, as its gross non-performing assets (NPA) ratio rose during the quarter.

Jan 22, 2025

EPFO added 14.63 lakh net members in November 2024 amid growing employment

The Employees' Provident Fund Organisation (EPFO) on Wednesday announced a net addition of 14.63 lakh members in November 2024, which represents an increase of 9.07 per cent over the corresponding figure for October.

Jan 22, 2025

NSE's total unique investors base crosses 11 crore for first time

Total unique investors' base (unique PANs) on the National Stock Exchange (NSE) crossed the 11-crore mark for the first time, and total client accounts registered with the exchange now stands more than 21 crore, it was announced on Wednesday.

Jan 22, 2025

Sensex jumps 566 points, Nifty holds at 23,000 as US tariff fears ease

Sensex recovers 566 points, Nifty holds at 23,000 as fears of Trump tariffs ease

The Indian stock market witnessed a roller-coaster ride on Wednesday, as benchmark indices Sensex and Nifty bounced back strongly in the latter half of the day after uncertainties over impending US trade tariff eased.

Jan 22, 2025

Indian stock market: Sensex, Nifty open higher as US tariff uncertainties ease

The Indian benchmark indices opened higher on Wednesday, a day after uncertainties around US President Donald Trump's trade tariffs triggered a huge fall.

Jan 22, 2025

Semicon India scheme to create 85,000 jobs: Centre

In the run-up to the Union Budget 2025-26 to be presented on February 1, the Union Finance Ministry on Tuesday highlighted the achievements of the government's policies in pushing up investments and employment through the semiconductor programme and the PLI scheme for electronic goods manufacturing.

Jan 21, 2025

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Articles by IBT Business Desk

Eventful week for Indian stock markets, budget holds key for directional breakout

WEF 2025: India grabs investment commitments worth over Rs 20 lakh crore

Reports on projects in Sri Lanka being cancelled false and misleading: Adani Group

Stock market ends lower as global optimism fails to lift investors' mood

India's data centre market to grow 21% to reach 3,400 MW by 2030

Indian stock market opens higher, IT sector shows promise post Q3 earnings

Hyundai Motor's 2024 net income up 7.8%, aims to sell 4.17 mn units this year

Used car sales in India likely to touch 10.8 million by 2030: Report

India's airlines log 6% rise in traffic with 16 crore flyers on domestic routes in 2024

Union Budget 2025 may introduce changes in personal income tax slabs: Nomura report

Talent shortage: Nearly 4 in 5 Indian employers report difficulty finding skilled talent in 2025, shows report

WEF 2025: Infosys to expand Hyderabad campus, create 17,000 jobs

India's construction sector projected to scale $1.4 trillion by 2047; experts focus on green tech

Expressways to drive significant growth in 30 Indian cities by 2035, Nagpur leads

HDFC Bank clocks 2.2 pc net profit growth in Q3, gross NPA deteriorates

EPFO added 14.63 lakh net members in November 2024 amid growing employment

NSE's total unique investors base crosses 11 crore for first time

Sensex recovers 566 points, Nifty holds at 23,000 as fears of Trump tariffs ease

Indian stock market: Sensex, Nifty open higher as US tariff uncertainties ease

Semicon India scheme to create 85,000 jobs: Centre

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'