IBT Business Desk

Articles by IBT Business Desk

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Indian hosiery makers to clock 10-12 pc revenue growth in FY25

Indian hosiery makers to clock 10-12 pc revenue growth in FY25

The revenue of Indian hosiery makers is projected to increase 10-12 per cent (year-on-year) this fiscal following a revival in rural demand, volume support from the export market and robust modern trade sales, a report showed on Thursday. Dec 5, 2024
Indian stock market opens flat, PSU bank shares lead

Indian stock market ends in green, all eyes on RBI's MPC decision

The domestic benchmark equity indices closed in green on Wednesday as buying was seen in PSU bank and realty sectors. The investors are keenly watching the Reserve Bank of India's (RBI) monetary policy committee (MPC) meeting which will announce its decision around the repo rate on Friday. Dec 4, 2024
Centre has released Rs 50,571 crore to states as special assistance

Centre has released Rs 50,571 crore to states as special assistance

The Centre has released Rs 50,571.42 crore to states as part of its 'special assistance for capital investment' scheme to step up expenditure in various development projects during the first eight months of the current financial year, Minister of State for Finance, Pankaj Chaudhary has informed the Lok Sabha Dec 3, 2024
Sensex snaps 3-day losing streak on rebound in FMCG and Pvt Bank shares

Sensex and Nifty end higher, realty stocks shine

The domestic benchmark equity indices, Sensex and Nifty, settled higher on Monday as heavy buying was seen in the realty sector. Nifty realty was the outperforming sector, up over 3 per cent. Dec 2, 2024