IBT Business Desk

Articles by IBT Business Desk

Email : editor@ibtimes.co.in

Sensex and Nifty down 1 pc in early trade amid heavy selling

Sensex and Nifty down 1 percent in early trade amid heavy selling

The Indian stock market opened in red on Thursday as heavy selling was seen in metal, auto, financial service, pharma, FMCG, energy, private bank and infrastructure sectors in early trade.

Nov 7, 2024

Sensex, Nifty close at all-time high, led by metal and auto shares

Indian stock market agrees with Trump win, Sensex surges 901 points

The Indian benchmark indices on Wednesday welcomed Donald Trump's convincing victory in the US presidential elections as both Sensex and Nifty gained more than 1 per cent amid heavy buying in the IT sector.

Nov 6, 2024

RBI Governor rules out immediate rate cut as inflation still a concern

Reserve Bank of India Governor Shaktikanta Das on Wednesday said that although the central bank had shifted towards a softer neutral monetary policy stance to spur growth, this did not mean that an interest rate cut would happen immediately

Nov 6, 2024

Cost of home-cooked veg thali spiked 20 pc in October

Cost of home-cooked veg thali increases 20 pc in October

Vegetable prices shore up costs of veg and non-veg thalis in the month of October, as the cost of a home-cooked veg thali surged 20 per cent (year-on-year) while the cost of a non-veg thali increased 5 per cent

Nov 6, 2024

US Election: Trump clinches win in three swing states

Bitcoin expected to hit $80,000 as crypto fan Trump edges closer to victory

As Donald Trump edged closer to victory in the US presidential election, Bitcoin surged to a record high of $75,060, fuelling investors' excitement in the cryptocurrency sector.

Nov 6, 2024

Centre rolls out 7,663 extra trains to clear festive season rush

The Railway Board has introduced another 7,663 special train services to cater to the festival season rush, from October 1 to November 30, which is a 73 per cent increase compared to the same period last year.

Nov 6, 2024

Chip giant Nvidia to design new AI chips every year: CEO

Nvidia surpasses Apple to become world's largest company in AI era

Graphics chip giant Nvidia has become the world's largest company by market capitalisation, surpassing Apple, in the artificial intelligence (AI) era.

Nov 6, 2024

Ola Electric's share hits all-time low of Rs 74 ahead of Q2 results

Bhavish Aggarwal-run Ola Electric Mobility saw its share nosedive further to a fresh low of Rs 74.18 apiece on Tuesday after touching Rs 73.84 during the intra-day trading -- losing almost 8.5 per cent in a day.

Nov 5, 2024

India's kharif foodgrain output projected at record 1,647 lakh tonnes for 2024-25

India's total kharif foodgrain production for 2024-25, as per the first advance estimates, is projected at a record 1,647.05 lakh metric tonnes .

Nov 5, 2024

Swiggy's high valuation, ongoing losses raise concerns about long-term sustainability: Angel One

Swiggy's Rs 11,327 crore initial public offering (IPO) faces several risks and challenges that potential investors should consider, leading online brokerage Angel One has said, adding that the company's high valuation, coupled with its ongoing losses, raises concerns about its long-term sustainability.

Nov 5, 2024

Sensex snaps 3-day losing streak on rebound in FMCG and Pvt Bank shares

Sensex gains 694 points ahead of US election

The Indian stock market closed in green on Tuesday as investors set their eyes on the closely contested US presidential election.

Nov 5, 2024

India's wedding season biz expected to surge 41 pc to Rs 6 lakh crore: CAIT

The upcoming wedding season in India which will extend from November 12 till December 16 is likely to generate business worth nearly Rs 6 lakh crore from 48 lakh weddings which constitutes a 41 per cent increase over the corresponding figure of Rs 4.25 lakh crore recorded for 35 lakh weddings last year, according to a study carried out by the Confederation of All India Traders (CAIT).

Nov 5, 2024

Power demand in India declines for 1st time in 15 months, hydro gains steam

Power demand grows marginally in India as generation reaches 152 billion units in Oct

Power demand is estimated to have marginally risen to 0.4 per cent (year-on-year) to 140 billion units (BUs) in October after two consecutive months of decline.

Nov 4, 2024

Sensex sheds over 900 points, all eyes on US election and Fed data

Sensex shed more than 900 points on Monday, as both Sensex and Nifty saw a decline of more than 1 per cent each, amid uncertainty over the results of the US presidential election and the Federal Reserve's monetary policy meeting this week.

Nov 4, 2024

India's fintech startups grow fivefold in last three years

Fintech firm Cashfree Payments' losses increase to Rs 135 cr in FY24

Fintech firm Cashfree Payments has reported Rs 135 crore loss in the financial year (FY24), compared to Rs 133 crore loss in FY23.

Nov 4, 2024

India hiring sees 11 pc surge in July, retail & telecom jobs lead

White-collar hiring in India up 10 pc in October, freshers' jobs up 6 pc

The white-collar hiring activity in India saw robust growth in October with a significant 10 per cent increase (year-on-year), with sectors like oil and gas, pharma/biotech, FMCG and IT emerging as primary drivers of this positive trend, according to a report on Monday.

Nov 4, 2024

India's goods exports to top countries record double-digit surge

India's diversified export basket driving overall growth

India's export basket has diversified over the last five years into high-value electronics, engineering goods and petroleum products, with the total value of the country's exports surging by close to 40 per cent -- from $314 billion in 2019-20 to $437 billion in the financial year ended on March 31, 2024.

Nov 4, 2024

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Articles by IBT Business Desk

Sensex and Nifty down 1 percent in early trade amid heavy selling

Indian stock market agrees with Trump win, Sensex surges 901 points

RBI Governor rules out immediate rate cut as inflation still a concern

Cost of home-cooked veg thali increases 20 pc in October

Bitcoin expected to hit $80,000 as crypto fan Trump edges closer to victory

Centre rolls out 7,663 extra trains to clear festive season rush

Nvidia surpasses Apple to become world's largest company in AI era

Ola Electric's share hits all-time low of Rs 74 ahead of Q2 results

India's kharif foodgrain output projected at record 1,647 lakh tonnes for 2024-25

Swiggy's high valuation, ongoing losses raise concerns about long-term sustainability: Angel One

Sensex gains 694 points ahead of US election

India's wedding season biz expected to surge 41 pc to Rs 6 lakh crore: CAIT

Power demand grows marginally in India as generation reaches 152 billion units in Oct

Sensex sheds over 900 points, all eyes on US election and Fed data

Fintech firm Cashfree Payments' losses increase to Rs 135 cr in FY24

White-collar hiring in India up 10 pc in October, freshers' jobs up 6 pc

India's diversified export basket driving overall growth

Sensex crashes 1300 pts, Nifty at four-month low

India's consumer spending on goods to grow 7 pc in next 5 years

Strong investment, private consumption driving India's growth: UNCTAD

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'