IBT Business Desk

Articles by IBT Business Desk

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HSBC India gets RBI nod to open 20 new bank branches in key cities

HSBC India gets RBI approval to open 20 new bank branches in key cities [List of key cities]

HSBC India on Thursday announced that it has received approval from the Reserve Bank of India (RBI) to open 20 new bank branches in key cities.

Jan 18, 2025

Indian startups raise over $308 million this week across 24 deals

The funding season in the Indian startup ecosystem continued its growth this week as startups cumulatively raised more than $308 million across 24 deals.

Jan 18, 2025

IREDA finalises pact for joint venture to set up 900 MW hydroelectric project in Nepal

The Indian Renewable Energy Development Agency Ltd. (IREDA) on Thursday finalised a joint venture agreement with SJVN Ltd., GMR Energy Ltd., and Nepal Electricity Authority (NEA) for the development of the 900 MW Upper Karnali Hydroelectric Project in Nepal as part of a strategic initiative aimed to strengthen regional energy security and accelerate renewable energy growth, according to an official statement.

Jan 18, 2025

India Semiconductor Mission, CG Power and CG Semi ink fiscal support agreement

India Semiconductor Mission, CG Power and CG Semi signed fiscal support agreement

The India Semiconductor Mission (ISM) on Friday signed a Fiscal Support Agreement (FSA) with CG Power and CG Semi, that will help the country develop a robust semiconductor manufacturing ecosystem.

Jan 18, 2025

Tripura's lone airport upgraded for passenger movement & infrastructure development

Tripura's lone Agartala airport upgraded for more passenger movement

The Airport Authority of India (AAI) has upgraded Agartala's Maharaja Bir Bikram (MBB) Airport from Grade III to Grade II, based on the passenger movement and infrastructure development.

Jan 18, 2025

IMF projects India growth to be solid at 6.5 pc in 2025 and 2026

IMF projects India growth at 6.5 pc in 2025-26, aligns with UN report

In India, the economic growth is projected to be solid at 6.5 per cent in 2025 and 2026, as projected in October and in line with potential, the International Monetary Fund (IMF) has said in its latest World Economic Outlook (WEO) update.

Jan 18, 2025

India seeking mutually beneficial FTA with EU

Piyush Goyal to visit Brussels to discuss India-EU FTA, boost trade ties

In a bid to further boost trade and investment ties with the European Union (EU), Union Minister of Commerce and Industry Piyush Goyal is slated to visit Brussels, Belgium for a high-level dialogue.

Jan 18, 2025

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

Week Ahead: Indian stock market awaits mixed bag of impact over Trump's inauguration

As Indian investors adopt a cautious approach ahead of the inauguration of Donald Trump as 47th US President and his comments with focus on tariffs, this week was a mixed bag for the domestic benchmark indices.

Jan 18, 2025

Indian stock market ends lower after 3-day gains, Nifty below 23,250

India's domestic benchmark indices ended lower on Friday as selling was seen in the IT and Financial service sectors.

Jan 17, 2025

FirstCry, MobiKwik, Ixigo worst hit as new-age stocks tank amid sharp selling

Several new-age stocks have witnessed sharp selling in the first half of January, as the stock market goes through correction amid global uncertainties.

Jan 17, 2025

Govt approves refarming of 687-megahertz spectrum for telecom industry: Jyotiraditya Scindia

The government has approved the refarming of 687 megahertz (MHz) of spectrum for the telecom industry from various ministries, Union Communications Minister Jyotiraditya Scindia said on Friday, a move hailed by the industries bodies for faster rollout of better 5G services across the country and prepare for the 6G era.

Jan 17, 2025

India has also witnessed a tenfold rise in exports of bananas in the past decade

India's exports of food goods jump 11 pc to $17.8 billion in April-Dec

India's exports of agricultural and processed food products registered a robust 11 per cent growth to $17.77 billion during April-December of the current financial year compared to the same period of the previous year, according to official figures.

Jan 17, 2025

Maruti Suzuki India unveils 1st BEV SUV, to be exported to 100 countries

Maruti Suzuki India unveils its 1st BEV SUV, to be exported to 100 countries

Maruti Suzuki India Limited (MSIL) on Friday unveiled its first battery electric vehicle (BEV) SUV -- called 'e VITARA' -- along with the comprehensive electric eco-solutions, at the 'Bharat Mobility Global Expo 2025' here.

Jan 17, 2025

$36 bn FDI has flowed into auto sector in last four years, more on the way, says PM Modi

Prime Minister Narendra Modi on Friday said the Indian automobile sector had attracted more than $36 billion in FDI over the last four years and this figure would go up several times in the coming years. He exhorted vehicle manufacturers to follow the mantra of 'Make in India and Make for the World'.

Jan 17, 2025

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

Nifty opens lower at 23,225, Sensex down 326 points amid weak global cues

The Indian stock market opened lower on Friday amid weak global cues as selling was seen in the IT and private bank sectors.

Jan 17, 2025

8th Pay Commission approved for central govt employees; salary, DA hike expected

The Union Cabinet has approved the implementation of the 8th Pay Commission, impacting millions of Central government employees and retirees. The commission, expected to be formed by 2026, will revise pensions and allowances of Central government retirees.

Jan 16, 2025

Sensex trades higher on strong global cues

Indian stock market ends higher, Adani Ports among top gainers

India's domestic benchmark indices ended higher on Thursday as Adani Ports was among the top gainers.

Jan 16, 2025

India's home sales jump 11 pc to all-time high of 3.03 lakh units in 2024: JLL

Residential property sales during 2024 witnessed sustained growth reaching a record-high volume of 3,02,867 units, which represents an 11 per cent growth year-on-year and the momentum is expected to continue into 2025, according to a JLL report released on Thursday.

Jan 16, 2025

Short-seller Hindenburg Research to be disbanded, says founder

Hindenburg Research founder Nate Anderson has announced to disband the short seller firm, saying there is not one specific thing -- "no particular threat, no health issue and no big personal issue".

Jan 16, 2025

Sensex closes at all-time high, Nifty above 26,000 for first time

Indian stock market opens higher amid positive global cues

The Indian stock market opened higher on Thursday amid positive global cues, including hope of an end to the conflict in Gaza, as buying was seen in the PSU bank and financial service sectors.

Jan 16, 2025

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Articles by IBT Business Desk

HSBC India gets RBI approval to open 20 new bank branches in key cities [List of key cities]

Indian startups raise over $308 million this week across 24 deals

IREDA finalises pact for joint venture to set up 900 MW hydroelectric project in Nepal

India Semiconductor Mission, CG Power and CG Semi signed fiscal support agreement

Tripura's lone Agartala airport upgraded for more passenger movement

IMF projects India growth at 6.5 pc in 2025-26, aligns with UN report

Piyush Goyal to visit Brussels to discuss India-EU FTA, boost trade ties

Week Ahead: Indian stock market awaits mixed bag of impact over Trump's inauguration

Indian stock market ends lower after 3-day gains, Nifty below 23,250

FirstCry, MobiKwik, Ixigo worst hit as new-age stocks tank amid sharp selling

Govt approves refarming of 687-megahertz spectrum for telecom industry: Jyotiraditya Scindia

India's exports of food goods jump 11 pc to $17.8 billion in April-Dec

Maruti Suzuki India unveils its 1st BEV SUV, to be exported to 100 countries

$36 bn FDI has flowed into auto sector in last four years, more on the way, says PM Modi

Nifty opens lower at 23,225, Sensex down 326 points amid weak global cues

8th Pay Commission approved for central govt employees; salary, DA hike expected

Indian stock market ends higher, Adani Ports among top gainers

India's home sales jump 11 pc to all-time high of 3.03 lakh units in 2024: JLL

Short-seller Hindenburg Research to be disbanded, says founder

Indian stock market opens higher amid positive global cues

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'