IBT Business Desk

Articles by IBT Business Desk

Email : editor@ibtimes.co.in

Meghalaya Chief Minister Conrad K Sangma said the state is witnessing transformative growth

North-East gateway to vast Southeast Asian markets, Scindia tells investors

North-East is India's gateway to the South and investing in the region will give investors access to the vast Southeast Asian markets

Dec 17, 2024

Open networks can create economic impact of Rs 67K cr annually in India's mobility sector: ONDC

Open Networks can generate an annual economic impact of up to Rs 67,000 crore in India's mobility sector, driving inclusive growth and strengthening local economies.

Dec 16, 2024

Mortgage finance AUM in India projected to grow 16-17 pc in FY25 and FY26

The assets under management (AUM) of mortgage finance loans in the country is expected to grow at a healthy 16-17 per cent this fiscal and the next (FY25 and FY26)

Dec 16, 2024

GST officials search UpGrad offices, edtech unicorn says 'routine survey'

Edtech unicorn upGrad clocks Rs 560 crore loss in FY24

Online skills and learning platform upGrad has recorded a loss of Rs 560 crore in FY24, a decrease from a Rs 1,142 crore loss in FY23.

Dec 16, 2024

India sees highest-ever office space transactions with 33 pc growth in Jan-June period

India to end 2024 with record office space leasing activity, leads globally

India is set to witness a record office space leasing activity in 2024, reaching 83-85 million square feet of gross leasing value (GLV) which is a 13 per cent growth from last year.

Dec 16, 2024

India's trend GDP growth to move closer to 6.5-7 pc in FY25: Crisil

The main macro drivers remain healthy and India's GDP growth is likely to move closer to the trend growth of 6.5-7 per cent this fiscal, a Crisil Insight report said on Monday.

Dec 16, 2024

India's WPI inflation eases to 1.89 pc in November

India's WPI inflation eases to 1.89% in November

India's annual rate of inflation based on the Wholesale Price Index (WPI) eased to 1.89 per cent in November compared to 2.36 per cent in October as the rise in food prices slowed during the month with the fresh crop arriving in the market, data released by the Commerce and Industry Ministry on Monday showed.

Dec 16, 2024

Indian share market opens lower, auto and IT stocks drag

The Indian stock market opened in red on Monday as selling was seen in Nifty's auto, IT, PSU Bank, pharma and metal sectors.

Dec 16, 2024

Indian SCBs clock highest-ever net profit at Rs 23.50 lakh cr in FY24, reduce NPAs

The gross non-performing asset (NPA) ratio for scheduled commercial banks (SCBs) have improved significantly with a reduction to 2.67 per cent in June 2024 from 11.18 per cent in March 2018, according to the government.

Dec 15, 2024

Market Outlook: US Fed policy, FII data and global cues key triggers for next week

A blend of global and domestic factors will influence the stock market outlook for next week. On the global front, particularly the performance of US markets and the Fed's monetary policy decisions will play a significant role; and domestic economic indicators like GDP growth, FIIs and inflation will shape market sentiment.

Dec 15, 2024

Vegetable prices sky-high in Bengal's retail markets ahead of Diwali

Fruits and vegetables per user goes up in India

Per capita availability of fruits and vegetables in India increased by 7 kg and 12 kg, respectively, in the last decade, according to SBI Research report.

Dec 14, 2024

Reliance Industries marching towards negative return for 1st time in last 10 years

The share of Reliance Industries Limited (RIL) has underperformed in the last three months, and India's largest private firm stock is heading towards negative return for the first time in the last 10 years.

Dec 13, 2024

Invested over Rs 6,000 crore for revival of inland waterways in 10 years: Minister

The government has invested more than Rs 6,000 crore in the past decade for the revival of inland waterways as a viable alternative of cargo movement as well as improving passenger connectivity

Dec 13, 2024

India's GDP growth to hold steady in FY25, likely to clock 6.7 pc in FY26

India's economic growth will continue to hold steady in FY25 despite global uncertainties, with a projected GDP at 6.7 per cent in FY26, a report showed on Friday.

Dec 13, 2024

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

Share of top 50 stocks to total market cap at all-time low: Report

Share of the top 50 stocks in the total market capitalisation has hit an all-time low.

Dec 12, 2024

CBDT meets officials to dispel doubts on faceless tax assessment.

Income tax refunds jump 46.3% to Rs 3.04 lakh crore in April-Nov

The number of tax refunds has recorded a 46.31 per cent jump to Rs 3.08 lakh crore between April 1 and November 27 this year compared to the same period of 2023, marking a significant increase in the efficiency of the Income Tax Department.

Dec 12, 2024

25 pc hike in Centre's capex to spur growth in second half of 2024-25: Report

$2.2 trillion in infra investment to help India become $7 trillion economy by 2030; Report

An estimated investment of $2.2 trillion into infrastructure development is imperative to support India's GDP size to expand to $7 trillion by 2030.

Dec 12, 2024

Adani to finance Sri Lankan Port project on its own, withdraws request for US DFC funding

The Adani Ports and Special Economic Zones (APSEZ) Ltd on Tuesday said it will use its own resources to fund a Sri Lankan port project and not seek US funding.

Dec 11, 2024

Sensex closes up by 236 pts, NTPC and Kotak Mahindra Bank top gainers

Indian share market continues flattish trajectory, Sensex above 81,500

At around 9:27 am, Sensex was trading at 81,515.06 after gaining 5.01 points or 0.01 per cent, while the Nifty was trading at 24,623.8 after rising 13.75 points or 0.06 per cent.

Dec 11, 2024

India to be key market for global oil & gas as China slows: HSBC report

India is expected to be the key destination for global oil and gas products as the country adds refinery, petrochem, LNG regasification and pipeline capacity while the Chinese economy slows.

Dec 10, 2024

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Articles by IBT Business Desk

North-East gateway to vast Southeast Asian markets, Scindia tells investors

Open networks can create economic impact of Rs 67K cr annually in India's mobility sector: ONDC

Mortgage finance AUM in India projected to grow 16-17 pc in FY25 and FY26

Edtech unicorn upGrad clocks Rs 560 crore loss in FY24

India to end 2024 with record office space leasing activity, leads globally

India's trend GDP growth to move closer to 6.5-7 pc in FY25: Crisil

India's WPI inflation eases to 1.89% in November

Indian share market opens lower, auto and IT stocks drag

Indian SCBs clock highest-ever net profit at Rs 23.50 lakh cr in FY24, reduce NPAs

Market Outlook: US Fed policy, FII data and global cues key triggers for next week

Fruits and vegetables per user goes up in India

Reliance Industries marching towards negative return for 1st time in last 10 years

Invested over Rs 6,000 crore for revival of inland waterways in 10 years: Minister

India's GDP growth to hold steady in FY25, likely to clock 6.7 pc in FY26

Share of top 50 stocks to total market cap at all-time low: Report

Income tax refunds jump 46.3% to Rs 3.04 lakh crore in April-Nov

$2.2 trillion in infra investment to help India become $7 trillion economy by 2030; Report

Adani to finance Sri Lankan Port project on its own, withdraws request for US DFC funding

Indian share market continues flattish trajectory, Sensex above 81,500

India to be key market for global oil & gas as China slows: HSBC report

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'