IBT Business Desk

Articles by IBT Business Desk

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Passengers to board flights at Navi Mumbai International Airport from May 2025: Officials

After the successful trial of the first commercial flight at Navi Mumbai International Airport (NMIA), airport officials called it a historic moment and said commercial operations will begin at the airport in May 2025.

Dec 29, 2024

Venture Capital investments in India surge to $16.8 bn in January-November: Report

Venture capital (VC) activity in India has witnessed significant growth from January to November 2024, with investments reaching $16.77 billion across 888 deals, according to the India Brand Equity Foundation (IBEF).

Dec 29, 2024

Sensex closes flat, ICICI Bank and Bajaj Finserv top gainers

Market Outlook: PMI, auto sales and global economic cues key triggers for next week

The market outlook for next week will be guided by the major domestic and global economic data such as India's Current Account Q3, India Bank Loan Growth, HSBC Manufacturing PMI of India (Dec), India's Infrastructure Output, US Fed Balance Sheet, US Initial Jobless Claims, and US ISM Manufacturing PMI.

Dec 29, 2024

Railway projects worth Rs 88,875 crore sanctioned in big boost to 3 economic corridors

A total of 58 railway projects have been sanctioned across three economic corridors, with a combined completion cost of about Rs 88,875 crore and a total track length of about 4,107 kilometres during 2024 as part of the Centre's strategy to spur economic growth in the country through big infrastructure projects, according to the year-end review of the Indian Railways.

Dec 29, 2024

India records highest ever coal production in 2023-24, focus on raising coking coal output

India recorded its highest ever coal production of 997.826 million tonnes (MT) in the financial year 2023-24 which represents an 11.71 per cent increase in comparison to the corresponding figure of 893.191 MT in the year 2022-23, according to the year-end review of the Coal Ministry.

Dec 29, 2024

Centre joins HCLSoftware to boost startup manufacturing ecosystem

Funding booster: Indian startups see 20 pc jump at $12 billion this year

The Indian startup ecosystem received a funding booster this year with raising more than $12 billion, a 20 per cent jump from last year's $10 billion.

Dec 28, 2024

artificial intelligence.(photo:Pixabay.com)

OpenAI's o3 reasoning model ignites AI hype among top influencers

Social media influencers have kicked off a fierce debate over OpenAI's new o3 reasoning model, with some of them raising concerns about its high cost and the potential for overhyping its artificial general intelligence (AGI) capabilities.

Dec 28, 2024

Sensex plunges 318 pts, Infosys and JSW Steel top losers

Share market ends in green, Sensex settles at 78,699

The domestic benchmark indices ended with gains on Friday as buying was seen in pharma, auto, IT, financial service, FMCG, media, and private bank sectors on Nifty.

Dec 27, 2024

India dominates IPO market with 200 issues in Asia Pacific in 2024, China falters

India dominated the initial public offering (IPO) market in the Asia-Pacific region with over 200 companies going for public issues in 2024, according to a report on Friday.

Dec 27, 2024

New chip-based blood test can diagnose heart attacks in minutes

3 'Param Rudra', 4 chip manufacturing units this year to boost India's global tech position

The year 2024 saw four new semiconductor manufacturing units and three 'Param Rudra' supercomputers, among several other initiatives, to strengthen India's position on the global tech stage.

Dec 27, 2024

BharatNet connects over 2.14 lakh gram panchayats with broadband: Centre

Telecom, pay-TV services set to reach $50.7 bn in revenue in 2029

Driven by mobile data and fixed broadband segment, the telecom and pay-TV services revenue in India is projected to increase at a compound annual growth rate (CAGR) of 2.5 per cent from $44.9 billion in 2024 to $50.7 billion in 2029

Dec 27, 2024

Indian share market opens in green as nation pays homage to former PM Manmohan Singh

The Indian stock market opened on a high note on Friday amid mixed global cues as buying was seen in the auto, PSU bank, financial service pharma, FMCG and metal sectors on Nifty.

Dec 27, 2024

India to see record-breaking IPO fundraising in 2025 exceeding Rs 2 lakh crore

India is on track to become the world's third-largest economy by 2027 with a $7 trillion GDP target by 2030, a report said on Thursday, predicting record-breaking IPO fundraising in the country next year, exceeding Rs 2 lakh crore.

Dec 26, 2024

India's equity markets touched $5.29 trillion market cap this year, 4th largest globally

India's equity markets soared to record highs, firmly establishing the nation with a market capitalisation of $5.29 trillion this year, which was the fourth largest market cap globally after the US, China and Japan.

Dec 26, 2024

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

Share market ends flat, Adani Ports top gainer

The domestic benchmark indices ended flat on Thursday as selling was seen in IT, FMCG, metal, media, and private bank sectors on Nifty.

Dec 26, 2024

Over 42 lakh new investors join Indian stock market in November

A record 42,76,207 investors joined the Indian stock market in November, the National Stock Exchange (NSE) data showed on Thursday.

Dec 26, 2024

Healthcare sector at forefront of nanotechnology innovation

Indian healthcare sector poised to reach $320 bn by 2028: Report

The healthcare sector in India is expected to reach $320 billion by 2028, even as the country's pharmaceuticals, healthcare, and biotechnology industries continue to evolve in response to global demands.

Dec 26, 2024

Sales value of housing units in India sees 16 pc jump at Rs 5.68 lakh cr in 2024

The overall sales value of housing units saw a 16 per cent yearly jump in 2024 – from approximately Rs 4.88 lakh crore in 2023 to about Rs 5.68 lakh crore this year, according to a report on Thursday.

Dec 26, 2024

VC funding drops 22.5 pc in China in Jan-Nov as India sees surge

As venture capital (VC) funding surged in India this year, China saw a 22.5 per cent decline in VC funding by both volume and value in the January-November period, a report showed on Thursday.

Dec 26, 2024

NRI remittances surge to record $11.9 billion in April-Oct: RBI

Inflows into in non-resident Indian (NRI) deposit accounts surged to $11.9 billion in April-October during the current financial year, which is nearly twice the corresponding figure of $6.1 billion for the same period last year, the latest figures compiled by the Reserve Bank of India (RBI) showed.

Dec 25, 2024

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Articles by IBT Business Desk

Passengers to board flights at Navi Mumbai International Airport from May 2025: Officials

Venture Capital investments in India surge to $16.8 bn in January-November: Report

Market Outlook: PMI, auto sales and global economic cues key triggers for next week

Railway projects worth Rs 88,875 crore sanctioned in big boost to 3 economic corridors

India records highest ever coal production in 2023-24, focus on raising coking coal output

Funding booster: Indian startups see 20 pc jump at $12 billion this year

OpenAI's o3 reasoning model ignites AI hype among top influencers

Share market ends in green, Sensex settles at 78,699

India dominates IPO market with 200 issues in Asia Pacific in 2024, China falters

3 'Param Rudra', 4 chip manufacturing units this year to boost India's global tech position

Telecom, pay-TV services set to reach $50.7 bn in revenue in 2029

Indian share market opens in green as nation pays homage to former PM Manmohan Singh

India to see record-breaking IPO fundraising in 2025 exceeding Rs 2 lakh crore

India's equity markets touched $5.29 trillion market cap this year, 4th largest globally

Share market ends flat, Adani Ports top gainer

Over 42 lakh new investors join Indian stock market in November

Indian healthcare sector poised to reach $320 bn by 2028: Report

Sales value of housing units in India sees 16 pc jump at Rs 5.68 lakh cr in 2024

VC funding drops 22.5 pc in China in Jan-Nov as India sees surge

NRI remittances surge to record $11.9 billion in April-Oct: RBI

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'