IBT Business Desk

Articles by IBT Business Desk

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India to continue as fastest-growing major economy globally: Report

India to continue as fastest-growing major economy globally: Report

India will continue to stand out as the fastest-growing major economy globally in the coming years with growth momentum to improve in 2025 as government spending is picking up again and consumer sentiment stays resilient, according to a Franklin Templeton report. Jan 10, 2025
FM Radio

TV Today closing radio business operations over losses

Media company TV Today Network Ltd. announced on Thursday that its Board of Directors have approved a proposal to shut down the loss-making FM Radio Broadcasting operations of the company, comprising three FM radio stations in Mumbai, Delhi and Kolkata under the frequency 104.8 FM. Jan 9, 2025
Private equity investments in India surge to $15 billion in 2024, a 46.2 pc growth

Private equity investments in India surge to $15 billion in 2024, a 46.2 pc growth

Driven by sectors such as healthcare and pharmaceuticals, consumer-related industries and technology -- amid stable political scenario and favourable policy environment -- private equity (PE) investments in India surged to $15 billion in 2024, marking a 46.2 per cent increase from the previous year, according to a report on Wednesday. Jan 8, 2025
Gold Price

RBI purchased another 8 tonnes of gold in Nov as safe-haven asset

The Reserve Bank of India (RBI) bought another eight tonnes of gold in November 2024 as Central banks around the world continued their buying spree with a collective purchase of 53 tonnes of the precious metal during the month, according to the latest World Gold Council (WGC) report. Jan 7, 2025