IBT Business Desk

Articles by IBT Business Desk

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Indian Institute of Technology (Banaras Hindu University)

IIT Bombay secures record Rs 700 crore fund for research and development

The Indian Institute of Technology (IIT) Bombay secured a record Rs 700 crore as an annual grant for research and development in 2023-24.

Sep 7, 2024

Need to invest in air pollution solutions for global prosperity: UN

The world marked the fifth annual International Day of Clean Air for blue skies on Saturday, with calls for investment in clean air solutions as air pollution is increasingly causing public health, environmental, and economic problems.

Sep 7, 2024

India's forex reserves rise to 4-month high

India's forex reserves up $2.3 billion to touch new high of $683.9 billion

India's forex reserves increased by $2.299 billion to a new high of $683.98 billion for the week ended August 30, the Reserve Bank of India (RBI) data showed on Friday

Sep 7, 2024

personal finance trading demat nsdl csdl trading shares bse nse sensex nifty closing price index gains losses retail investors numbers results bse nse

Demat accounts rise to 171 million in August, up 4 million

India's total demat accounts continue to rise, with over four million new ones added in August, as per the depositories' data.

Sep 6, 2024

India pips China to become largest weight in MSCI Emerging Market IMI

Sep 6, 2024

1st consignment of Indian pomegranates reaches Melbourne from Mumbai

First consignment of Indian pomegranates reaches Melbourne from Mumbai

The first consignment of Indian pomegranates from Mumbai to Melbourne in Australia has been successfully facilitated, the Agricultural and Processed Food Products Export Development Authority (APEDA) informed on Thursday.

Sep 5, 2024

Sensex closes 151 points down, Reliance and Tata Motors top losers

Indian frontline equity indices closed in the red on Thursday due to heavyweights like Reliance, Tata Motors and Nestle losing the most in the Sensex.

Sep 5, 2024

Centre sets 500 million tonnes domestic steel production by 2034

The Centre on Thursday set the target of achieving 500 million tonnes of steel production by 2034, urging the industry to find new ways towards low emission, high productivity, high quality and the use of artificial intelligence (AI)

Sep 5, 2024

Financial services sector must grow 20 times towards $30 trillion GDP goal by 2047: Report

In order to achieve a $30 trillion GDP by 2047, India will require a 20 times growth in the financial services sector, with banks playing a pivotal role, a report showed on Thursday.

Sep 5, 2024

IPO-bound Swiggy clocks Rs 2,350 crore net loss in FY24

Zomato's rival Swiggy, set for its initial public offering (IPO) posted Rs 2,350 crore in net loss in the last fiscal year (FY24).

Sep 5, 2024

Sitharaman Announces Three New Railway Economic Corridors

Indian women leading 18pc of 111 unicorns in India: FM

Indian women are rising the corporate ladder as they are leading about 18 per cent of 111 unicorns (valued at $1 billion) in the startup and financial technology space.

Sep 5, 2024

Centre to create Aadhaar-like digital IDs for 11 crore farmers by FY27

In a bid to empower the farmers' community, the government is targeting to create digital identities for 11 crore farmers over the three fiscals which will be similar to Aadhaar card.

Sep 5, 2024

Indian startup ecosystem witnesses 13 large funding rounds in 2024

The Indian startup ecosystem witnessed a surge in large funding rounds (over $100 million) in 2024, as startups' focus has shifted to profitability along with growth.

Sep 5, 2024

Sensex down by 202 points, Nifty drops below 25,200

Indian equity indices closed in the red on Wednesday due to negative global sentiments.

Sep 4, 2024

Govt to clear FAME 3 scheme for faster EV adoption in 1-2 months: Minister

he Centre to clear the third Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicle (FAME) scheme to promote electric vehicle (EV) adoption.

Sep 4, 2024

43 pc of WazirX customers to lose their money, demand grows for scrutiny

Bowen said that the government received bids for 19 GW in total storage capacity, and the winning projects' total storage capacity will exceed what was initially planned.

Sep 4, 2024

Centre plans 74 new tunnels worth Rs 1 lakh crore to bolster highway network

In a move to bolster the highway network across the country, the government is planning to build 74 new tunnels at a projected expense of Rs 1 lakh crore over the next few years.

Sep 4, 2024

India's fintech startups grow fivefold in last three years

India's financial sector is growing at a rapid pace as fintech startups have grown by about five times in the past three years, according to a report. The growth has been from 2,100 in 2021 to 10,500 in 2024.

Sep 4, 2024

Rs 750 crore 'AgriSURE Fund' to empower startups, boost rural economy

In a pioneering step toward revolutionising the agricultural landscape in India, the government has launched the 'AgriSURE Fund' with a capital pool of Rs 750 crore to further drive investments that will empower farmers and boost the rural economy.

Sep 4, 2024

Sensex closes flat, ICICI Bank and Bajaj Finserv top gainers

Indian equity indices closed flat on Tuesday amid mixed global signals and the absence of significant new catalysts.

Sep 3, 2024

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Articles by IBT Business Desk

IIT Bombay secures record Rs 700 crore fund for research and development

Need to invest in air pollution solutions for global prosperity: UN

India's forex reserves up $2.3 billion to touch new high of $683.9 billion

Demat accounts rise to 171 million in August, up 4 million

India pips China to become largest weight in MSCI Emerging Market IMI

First consignment of Indian pomegranates reaches Melbourne from Mumbai

Sensex closes 151 points down, Reliance and Tata Motors top losers

Centre sets 500 million tonnes domestic steel production by 2034

Financial services sector must grow 20 times towards $30 trillion GDP goal by 2047: Report

IPO-bound Swiggy clocks Rs 2,350 crore net loss in FY24

Indian women leading 18pc of 111 unicorns in India: FM

Centre to create Aadhaar-like digital IDs for 11 crore farmers by FY27

Indian startup ecosystem witnesses 13 large funding rounds in 2024

Sensex down by 202 points, Nifty drops below 25,200

Govt to clear FAME 3 scheme for faster EV adoption in 1-2 months: Minister

43 pc of WazirX customers to lose their money, demand grows for scrutiny

Centre plans 74 new tunnels worth Rs 1 lakh crore to bolster highway network

India's fintech startups grow fivefold in last three years

Rs 750 crore 'AgriSURE Fund' to empower startups, boost rural economy

Sensex closes flat, ICICI Bank and Bajaj Finserv top gainers

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'