IBT Business Desk

Articles by IBT Business Desk

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India's services sector growth surges to 4-month high in Dec: Report

India's services sector growth rose to a 4-month high in December as robust demand boosted business activity with strong job creation taking place during the month, according to a survey released on Monday.

Jan 6, 2025

Goldman Sachs sees India among top emerging markets in 2025

Goldman Sachs has projected India to be among the best-performing emerging markets in 2025, given the country's robust macroeconomic stability backed by improving terms of trade, effective inflation targeting, and reliable domestic risk capital.

Jan 6, 2025

Market Outlook: Q3 results, FII and economic data key triggers for next week

The market outlook for next week will be guided by Q3 results, crude oil price, foreign institutional investors (FIIs) and domestic economic data, according to experts on Sunday.

Jan 5, 2025

Govt rolling out Rs 15,000 crore roadmap to help steel industry cut carbon emissions

Centre to launch PLI scheme 1.1 for boosting steel manufacturing tomorrow

Union Minister of Steel and Heavy Industries H.D. Kumaraswamy will launch 'PLI scheme 1.1' for the steel industry and call for applications at an event scheduled to be held at Vigyan Bhavan

Jan 5, 2025

Women breaking glass ceilings in every sphere: Leading Indian businesswomen

Women-led startup funding in India increases to $930 million in 2024

The Indian startup ecosystem has seen major changes in the last few years and there has been an unprecedented rise in the participation of women entrepreneurs as the funding of female-led startups increased by over 90 per cent in 2024.

Jan 5, 2025

India's smartphone market estimated to grow 7-8 pc this year

India's smartphone market to cross $50 billion in value this year: Report

India's smartphone market is projected to cross $50 billion in value by 2025, driven by the ongoing trend of premiumisation and thrust on local manufacturing

Jan 3, 2025

Himachal CM launches portal to parket products of 350,000 rural women

In a major initiative to empower rural women, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday unveiled an e-commerce portal, Him-Era, to promote products crafted by over 350,000 rural women associated with 44,000 Self-Help Groups (SHGs).

Jan 3, 2025

Indian share market ends lower, Nifty below 23,700

Indian stock market slides as investors remain cautious in New Year

After a bumper start to the New Year, the Indian stock market's upward trend came to a halt on Friday amid mixed global cues as heavy selling was seen in the IT, financial services and pharma sectors.

Jan 3, 2025

Dramatic decline in India's rural poverty from 25.7 pc to 4.86 pc in last 12 years: SBI report

India's rural poverty ratio has registered a dramatic decline to 4.86 per cent in the financial year 2023-24 from 25.7 per cent in 2011-12 while urban poverty has fallen to 4.09 per cent from 4.6 per cent during this period

Jan 3, 2025

Northern Railway announces train timings for Katra-Srinagar route

Northern Railway on Friday announced train timings for the Katra-Srinagar route, which is expected to be inaugurated after January 20.

Jan 3, 2025

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

Adani Ports' cargo volume grows 8 pc in December

The total cargo volume of Adani Ports and Special Economic Zone Limited (APSEZ) grew 8 per cent (year-on-year) to 38.4 million metric tonnes (MMT) in December 2024.

Jan 3, 2025

Centre clears incentive claims for Tata Motors, M&M under PLI scheme

The Ministry of Heavy Industries has approved incentive claims of Rs 246 crore submitted by Mahindra & Mahindra (M&M) and Tata Motors under the Rs 25,938 crore PLI scheme for the automobile and auto components industry, a senior official has confirmed.

Jan 3, 2025

Indian housing sector to contribute 13 pc to national GDP by 2025: Report

The housing sector in the country is expected to contribute 13 per cent to the national GDP by 2025, reflecting its resilience and potential, according to a report on Friday.

Jan 3, 2025

Sensex trades higher on strong global cues

Indian stock market celebrates New Year with a bang, surges 1,436 points

After a muted beginning, the Indian stock market welcomed 2025 with a bang on Thursday, surging more than 1,400 points, or 1.83 per cent, as auto stocks saw a bumper rally on the back of strong car sales data for December.

Jan 2, 2025

India's textile & apparel exports clock 7 pc growth at $21.36 bn in April-October

India's overall export of textiles & apparel (including handicrafts) recorded a 7 per cent growth to $21.36 billion during April-October of FY 2024-25, compared to the corresponding figure of $20.01 billion for the same period of FY 2023-24, according to a statement issued by the Ministry of Textiles on Thursday.

Jan 2, 2025

Stable political scenario, favourable policy, infra push to drive Indian economy in 2025

Indian economy in robust spot globally in 2025 with high frequency indicators picking up growth

As 2025 begins on a note of heightened global uncertainties ahead of the US President-elect Donald Trump's inauguration, India continues to be in a much stronger position with high frequency indicators showing a pick up in the pace of growth in the third quarter of current fiscal (Q3 FY25)

Jan 2, 2025

Maharashtra's biggest industrial land parcel in Navi Mumbai sold for a song to Reliance Industries

Mumbai sees highest-ever property registrations in 13 years in 2024

Mumbai had over 1.41 lakh property registrations in 2024 -- the highest in 13 years – and an 11 per cent growth from 2023, according to a new report

Jan 2, 2025

Indian stock market set to ride on strong economic growth in 2025

Sensex soars over 1,200 points, auto and IT stocks rally

Indian stock market surged by nearly 1.6 per cent in afternoon trade on Thursday as heavy buying was seen in auto, energy, private bank, infra, commodity and IT sectors on Nifty.

Jan 2, 2025

Maharashtra's biggest industrial land parcel in Navi Mumbai sold for a song to Reliance Industries

Maharashtra's biggest industrial land parcel measuring over 5,286 acres — at a strategic location close to the Navi Mumbai Airport, JNPT and the Mumbai Trans Harbour Link project — has been sold to Reliance Industries Ltd at a valuation of mere Rs 2,200 crore.

Jan 2, 2025

Ambuja Cements-Adani merger receives no objection letter from stock exchanges

Ambuja Cements Ltd has received an observation letter with 'no objection' from the National Stock Exchange (NSE) and 'no adverse observations' from Bombay Stock Exchange (BSE) with regards to merger with Adani Cementation Ltd.

Jan 2, 2025

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Articles by IBT Business Desk

India's services sector growth surges to 4-month high in Dec: Report

Goldman Sachs sees India among top emerging markets in 2025

Market Outlook: Q3 results, FII and economic data key triggers for next week

Centre to launch PLI scheme 1.1 for boosting steel manufacturing tomorrow

Women-led startup funding in India increases to $930 million in 2024

India's smartphone market to cross $50 billion in value this year: Report

Himachal CM launches portal to parket products of 350,000 rural women

Indian stock market slides as investors remain cautious in New Year

Dramatic decline in India's rural poverty from 25.7 pc to 4.86 pc in last 12 years: SBI report

Northern Railway announces train timings for Katra-Srinagar route

Adani Ports' cargo volume grows 8 pc in December

Centre clears incentive claims for Tata Motors, M&M under PLI scheme

Indian housing sector to contribute 13 pc to national GDP by 2025: Report

Indian stock market celebrates New Year with a bang, surges 1,436 points

India's textile & apparel exports clock 7 pc growth at $21.36 bn in April-October

Indian economy in robust spot globally in 2025 with high frequency indicators picking up growth

Mumbai sees highest-ever property registrations in 13 years in 2024

Sensex soars over 1,200 points, auto and IT stocks rally

Maharashtra's biggest industrial land parcel in Navi Mumbai sold for a song to Reliance Industries

Ambuja Cements-Adani merger receives no objection letter from stock exchanges

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'