IBT Business Desk

Articles by IBT Business Desk

Email : editor@ibtimes.co.in

India set to woo more global players to establish GCCs over next 3-5 years

Global capability centres in India to generate 10 lakh jobs by 2030

India is leading the global capability centre (GCC) race and GCCs are expected to generate 10 lakh jobs in the country in the next six years.

Feb 5, 2025

Indian stock market trades flat, all eyes on RBI MPC meet

The domestic benchmark indices traded almost flat early on Wednesday, after the stock market experienced a strong upward movement as the US trade tariff tensions eased.

Feb 5, 2025

MobiKwik clocks huge 1,000% loss in net profit at Rs 55 cr in Q3; revenue slips 7%

One MobiKwik Systems Limited on Tuesday reported a huge 1,000 per cent consolidated net loss at Rs 55 crore in the December quarter (Q3 FY25), as compared to the net profit of Rs 5 crore from the same period last year (Q3 FY24).

Feb 4, 2025

India's premium smartphone market grows 36%, Apple wins big: CMR

India's premium smartphone segment continued its strong double-digit growth momentum last year, with Apple, for the first time, securing a spot among the top five smartphone brands in India in Q4 2024, according to a new report on Tuesday.

Feb 4, 2025

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

Sensex surges 1,397 points, Nifty ends higher as investors track US tariff developments

The Indian stock market on Tuesday ended on a strong note with both the BSE Sensex and NSE Nifty closed with gains of more than1 per cent as investors closely monitored tariff-related developments in the United States.

Feb 4, 2025

Tata Chemicals shares fall nearly 4 pc after posting Q3 net loss

Shares of Tata Chemicals on Tuesday dropped nearly 4 per cent or Rs 35.5 to trade at Rs 911.1 after the company reported a net loss of Rs 21 crore for the third quarter (Q3) ending December 2024.

Feb 4, 2025

India's fiscal roadmap: Strong growth and stability despite tax cuts, says S&P Global

India's Union Budget aligns with the expectations of steady fiscal consolidation, reinforcing a positive outlook on the country's sovereign credit ratings, according to a report on Tuesday.

Feb 4, 2025

Tax cuts to spur discretionary consumption especially among salaried people: Report

Fiscal consolidation glide path is maintained with the Union Budget and tax cuts should spur discretionary consumption especially among the salaried class, a report showed on Tuesday.

Feb 4, 2025

Indian startups raise $240.85 million this week, Bengaluru leads in funding deals

During the week, 30 Indian startups secured a total of $240.85 million in funding including five growth-stage investments and 20 early-stage rounds.

Feb 3, 2025

Sensex, Nifty fall amid weak global trends; metal, oil & gas stocks hit hard

India's stock markets on Monday were trading lower as weak global cues and a decline in Asian markets weighed on investor sentiment.

Feb 3, 2025

Mining sector records strong growth in production of key minerals

The production of key minerals, such as iron ore, manganese and aluminium, in the country has continued to witness strong growth during the first nine months (April-December) of FY 2024-25, after reaching record production levels in FY 2023-24.

Feb 3, 2025

Centre completes auction of 9 coal mines, to yield Rs 1,446 crore annual revenue

India's coal production clocks 6 pc growth to cross 830 million tonnes

India's coal sector has registered a 5.88 per cent increase in production to 830.66 million tonnes (MT) during April 2024 to January 2025 of the current financial year, from 784.51 MT recorded during the same period of 2023-24

Feb 3, 2025

94 pc of Indian workforce believe AI skills will skyrocket careers: Report

With India experiencing a transformative wave of Artificial Intelligence (AI) integration in workplaces, a new report on Monday showed that 94 per cent of professionals in the country believe that mastering AI skills will accelerate their career growth.

Feb 3, 2025

Anonymous workplace community platform Blind arriving in India this month

Blind, the world's leading anonymous community platform for working professionals, is launching in India this month, the company said on Monday.

Feb 3, 2025

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

Govt creating new Income Tax Act for tech-driven taxpayers, scrapping convoluted older law

After providing a big relief to the Indian middle class in the Union Budget 2025-26, the government is all set to present a new Income Tax Bill this week which would further simplify the entire tax system, bringing sweeping reforms.

Feb 3, 2025

Trump tariffs: India can insulate itself by allowing US goods to enter freely, says Mark Mobius

As the Donald Trump administration in the US announced hefty trade tariffs on Canada, Mexico and China, ace global investor Mark Mobius said on Monday that these strong measures can impact the world economic order in the long term, and India can insulate itself easily by opening up the market further for US goods.

Feb 3, 2025

Indian stock market opens flat as US Fed pauses rate cut cycle

Market turns desperate after post-budget fall, investor Madhusudan Kela hopes for re-entry investments

There will be plenty of chances to invest in Indian stocks as market volatility can provide attractive entry points, a leading market expert said on Monday.

Feb 3, 2025

Rs 50.65 lakh crore India Budget to boost entrepreneurship, innovation, investments

PHDCCI upbeat after Rs 50.65 lakh crore India Budget for state projects

The focus on public-private partnerships (PPP) in infrastructure, along with 50-year interest-free loans for state projects, is expected to create a multiplier effect not only boosting India's GDP but also strengthening the states' economy, leading industry chamber PHDCCI's President Hemant Jain said on Monday.

Feb 3, 2025

Budget boosts consumption, fiscal prudence, Capex: Report

Budget boosts consumption, fiscal prudence, Capex: PL Capital Report

The Union Budget 2025–26 is crafted as a bold statement of fiscal consolidation and long‐term structural reforms, with the government maintaining the fiscal deficit at 4.4 per cent for FY26 while maintaining investment momentum with capital spending rising by 10 per cent to ₹11.2 lakh crore.

Feb 3, 2025

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

Trump tariffs: Indian stock market opens lower as Asia tumbles

The domestic benchmark indices opened sharply lower on Monday, as Asian markets tumbled after US President Donald Trump announced trade tariffs which are set to come into effect from Tuesday.

Feb 3, 2025

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Articles by IBT Business Desk

Global capability centres in India to generate 10 lakh jobs by 2030

Indian stock market trades flat, all eyes on RBI MPC meet

MobiKwik clocks huge 1,000% loss in net profit at Rs 55 cr in Q3; revenue slips 7%

India's premium smartphone market grows 36%, Apple wins big: CMR

Sensex surges 1,397 points, Nifty ends higher as investors track US tariff developments

Tata Chemicals shares fall nearly 4 pc after posting Q3 net loss

India's fiscal roadmap: Strong growth and stability despite tax cuts, says S&P Global

Tax cuts to spur discretionary consumption especially among salaried people: Report

Indian startups raise $240.85 million this week, Bengaluru leads in funding deals

Sensex, Nifty fall amid weak global trends; metal, oil & gas stocks hit hard

Mining sector records strong growth in production of key minerals

India's coal production clocks 6 pc growth to cross 830 million tonnes

94 pc of Indian workforce believe AI skills will skyrocket careers: Report

Anonymous workplace community platform Blind arriving in India this month

Govt creating new Income Tax Act for tech-driven taxpayers, scrapping convoluted older law

Trump tariffs: India can insulate itself by allowing US goods to enter freely, says Mark Mobius

Market turns desperate after post-budget fall, investor Madhusudan Kela hopes for re-entry investments

PHDCCI upbeat after Rs 50.65 lakh crore India Budget for state projects

Budget boosts consumption, fiscal prudence, Capex: PL Capital Report

Trump tariffs: Indian stock market opens lower as Asia tumbles

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'