IBT Business Desk

Articles by IBT Business Desk

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Indian stocks down, Sensex loses 154 points

The Indian stock market opened flat on Tuesday as selling was seen in Nifty's auto, energy, private bank and Infra sector in early trade.

Dec 10, 2024

Kia India logged domestic sales of 22,523 units in August, a 17.19 per cent

Tata Motors, Kia India to increase prices across passenger vehicles portfolio

Tata Motors on Monday announced to hike prices by up to 3 per cent across its passenger vehicles (PVs) portfolio, including electric vehicles (EVs).

Dec 9, 2024

Sanjay Malhotra to replace Shaktikanta Das as RBI Governor

Who is Sanjay Malhotra? New RBI Governor set to replace long-serving Shaktikanta Das

The Central government on Monday appointed Sanjay Malhotra, Secretary (Revenue) in the Ministry of Finance as the next Reserve Bank of India Governor. He will replace Shaktikanta Das, who with a six-year stint is the second-longest serving RBI Governor.

Dec 9, 2024

India's surging FDI inflows surpass $1,000 billion milestone in last 4 years

Foreign Direct Investment (FDI) inflows into India in the period between April 2000 to Sept 2024 have soared to $1,033.40 billion mark, reflecting the increasing investment opportunities in the country's fast-growing economy, as per figures compiled by the Department for Promotion of Industry and Internal Trade (DPIIT).

Dec 9, 2024

Indian entertainment and media industry's revenue to reach Rs 365,000 crore by 2028

The revenue of entertainment and media industry in the country is projected to reach Rs 365,000 crore by 2028, a compound annual growth rate (CAGR) of 8.3 per cent and outpacing the global rate of 4.6 per cent, a report showed on Monday.

Dec 9, 2024

Adani Group to invest Rs 7.5 lakh crore in Rajasthan towards key infra projects

The Adani Group on Monday announced investments of Rs 7.5 lakh crore in Rajasthan over the next five years to fund several key infrastructure projects.

Dec 9, 2024

Sensex trades higher before RBI MPC outcome

Indian stock market maintains positive outlook as RBI turns more realistic

Amid a positive turnaround from foreign institutional investors (FIIs) to India, the Indian stock market maintained a positive outlook throughout the week as the core sector output in October and stability in service PMI data showed signs of recovery

Dec 7, 2024

RBI decisions to ensure better balance between growth, inflation: Industry chambers

Leading industry chambers on Friday welcomed the RBI decisions especially around the repo and cash reserve ratio (CRR) rates, saying that these measures would ensure a better balance between growth and inflation management.

Dec 6, 2024

RBI's MuleHunter.AI proves successful in detecting bank a/cs used for fraud

The Reserve Bank of India (RBI) on Friday announced that a pilot with two large public sector banks on its MuleHunter.AI solution to identify mule bank accounts has yielded encouraging results and urged banks to join the initiative.

Dec 6, 2024

Indian real estate registers $2.5 bn in investments in Q2

More than 3 lakh homes worth Rs 5.1 lakh crore to be sold in 2024 in India

More than 3 lakh homes worth Rs 510,000 crore across 485 million square feet are expected to be sold by the end of this year, according to a new report.

Dec 6, 2024

RBI hikes interest rates on NRI foreign currency deposits

The RBI on Friday increased the interest rate ceilings on Foreign Currency Non-Resident Bank deposits or FCNR (B) deposits which will enable NRIs to earn more on their savings.

Dec 6, 2024

Amazon sued over slow deliveries to low-income areas in US

The attorney general of the US District of Columbia sued Amazon, accusing it of violating consumer protection laws by making slower deliveries to Prime members in historically lower-income neighbourhoods.

Dec 5, 2024

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

Bulls take charge of Dalal Street, Sensex zooms 809 points before MPC announcement

Frontline equity indices ended in green amid volatile sessions on Thursday as buying was seen in the heavyweights IT counters.

Dec 5, 2024

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

Adani Defence hands over 2nd Drishti-10 drone to Indian Navy to enhance maritime security

In a bid to boost the country's maritime surveillance capabilities, Adani Defence and Aerospace has handed over a second Drishti-10 Starliner surveillance drone to the Indian Navy.

Dec 4, 2024

India's trade grew 5.45 pc in H1 2024 to $576 billion: NITI Aayog

India's trade performance demonstrated stability and moderate growth during the first quarter of the current financial year.

Dec 4, 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

Zepto CEO credits govt's role for India's startup growth

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Articles by IBT Business Desk

Indian stocks down, Sensex loses 154 points

Tata Motors, Kia India to increase prices across passenger vehicles portfolio

Who is Sanjay Malhotra? New RBI Governor set to replace long-serving Shaktikanta Das

India's surging FDI inflows surpass $1,000 billion milestone in last 4 years

Indian entertainment and media industry's revenue to reach Rs 365,000 crore by 2028

Adani Group to invest Rs 7.5 lakh crore in Rajasthan towards key infra projects

Indian stock market maintains positive outlook as RBI turns more realistic

RBI decisions to ensure better balance between growth, inflation: Industry chambers

RBI's MuleHunter.AI proves successful in detecting bank a/cs used for fraud

More than 3 lakh homes worth Rs 5.1 lakh crore to be sold in 2024 in India

RBI hikes interest rates on NRI foreign currency deposits

Amazon sued over slow deliveries to low-income areas in US

Bulls take charge of Dalal Street, Sensex zooms 809 points before MPC announcement

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

Adani Defence hands over 2nd Drishti-10 drone to Indian Navy to enhance maritime security

India's trade grew 5.45 pc in H1 2024 to $576 billion: NITI Aayog

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

Reddit post accuses Zepto of toxic work culture; CEO replies

Three-day RBI MPC meet begins to balance strong economic growth with inflation

Bull rally takes valuation of BSE-listed companies above Rs 450 lakh crore

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'