IBT Business Desk

Articles by IBT Business Desk

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India's affordable housing market to reach Rs 67 lakh cr by 2030, demand at 31.2 mn units

India's affordable housing market is projected to reach Rs 67 lakh crore by 2030, with cumulative demand likely to be 31.2 million units

Dec 4, 2024

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

Indian stock market opens in green, Nifty above 24,500

The Indian stock market opened in green on Wednesday, as buying was seen in the public sector enterprise (PSE) and IT sectors in early trade.

Dec 4, 2024

White collar hiring in India grows 6 pc in Oct-Nov, non-IT sectors lead

White collar hiring in India grew 6 per cent in the festive season (October and November), driven by strong growths in key non-IT sectors.

Dec 3, 2024

India's domestic air passenger traffic reached 132.3 lakh in Sep, 81 pc YoY growth

India's domestic air passenger traffic to see 7-10 pc growth in FY25

India is projected to see 7-10 per cent growth (year-on-year) in domestic air passenger traffic at 164-170 million in FY25, according to a report on Tuesday.

Dec 3, 2024

India's industrial & logistics construction to exceed 60 million square feet: Report

India's rapid urbanisation, robust infrastructure development, and economic growth have collectively driven significant demand, boosting construction activity in the industrial and logistics sector and supply, which is projected to surpass 60 million square feet annually over the next 3-4 years

Dec 3, 2024

India among world's top 10 exporters of high-value products

India ranks among top 10 exporters of high-value products

India has recorded a sharp increase in exports for several key product categories with the country maintaining or improving its rank among the top ten global suppliers, in export values exceeding $1 billion in 2023.

Dec 3, 2024

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

Adani Enterprises to launch maiden Rs 800 crore retail bond issue on September 4

Adani Group is on solid financial footing, certifies Bernstein

The US-headquartered financial research major Bernstein has published a report on Adani Group companies, stating that the Group is currently in a much stronger position than it was during the Hindenburg attack in January 2023.

Dec 3, 2024

Ambuja Cements partners Finland-based Coolbrook towards Net Zero goals

In a bid to achieve its Net Zero goals, Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, on Monday said it has entered into a strategic partnership with Finland-based technology and engineering company Coolbrook.

Dec 2, 2024

Pace of India's manufacturing growth remains above its long-run average: HSBC

The pace of India's manufacturing growth remains above its long-run average and there was substantial improvement in the health of the sector during November, the HSBC India Manufacturing PMI data showed on Monday.

Dec 2, 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

Vehicle owners mob petrol stations in J&K resulting in chaos & dry filling stations

Petrol, diesel, jet fuel sales surge in Nov as economy picks up

India's petrol, diesel and jet fuel sales shot up in November this year compared to the same month last year, reflecting the higher level of economic activity in the country, data compiled by the public sector oil companies showed.

Dec 2, 2024

NBFCs to see asset growth at 15-17 pc over 2 fiscals, still above decadal average

Indian NBFCs manage above decade average, to see asset growth at 15-17 pc over 2 fiscals: CRISIL

The assets under management (AUM) growth of non-banking financial companies (NBFCs) in the country is set to moderate to 15-17 per cent in the current and next fiscals (FY25 and FY26)

Dec 2, 2024

UPI transactions may touch 25 billion by end of 2025, predicts Rongala

The mega success story of Unified Payments Interface (UPI) continues, and it would be no surprise if the number of UPI transactions touches 25 billion a month towards the end of 2025, industry experts said on Monday.

Dec 2, 2024

CRISIL reaffirms strong credit ratings for Adani Group firms

CRISIL Ratings has reaffirmed its strong credit ratings for Adani Group companies in its latest report released on Friday.

Nov 29, 2024

Indian startups raise $9.2 bn in VC funding from January to October: Report

About 984 venture capital (VC) funding deals were announced in India during January-October 2024, and the total disclosed funding value of these jumped by 44.4 per cent YoY to $9.2 billion during the same period.

Nov 29, 2024

Sensex plunges 1,190 pts, Nifty closes below 24,000

The Indian stock market ended in red on Thursday as Sensex and Nifty were down by more than 1 per cent.

Nov 28, 2024

Indian Railways launches hi-tech water level monitoring system for trains

Indian Railways rakes in Rs 12,159 crore from festive rush

Indian Railways raked in a revenue of Rs 12,159.35 crore from ticket sales during the festive period that stretched from September 1 to October 31 this year, according to data tabled in Parliament.

Nov 28, 2024

Sales under telecom PLI reach Rs 65,320 crore, exports at Rs 12,384 crore: Centre

The production-linked incentive (PLI) scheme for telecom and networking products has seen 42 applicant companies (including 28 MSMEs) with a cumulative investment of Rs 3,925 crore and exports reaching Rs 12,384 crore.

Nov 27, 2024

Myntra hosts Rising Stars D2C Summit to boost India's beauty brand ecosystem

In its commitment to provide impetus to made-in-India homegrown beauty and personal care brands Myntra recently hosted the first edition of one-of-its-kind 'Myntra Rising Stars (MRS) Beauty Summit'.

Nov 27, 2024

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Articles by IBT Business Desk

India's affordable housing market to reach Rs 67 lakh cr by 2030, demand at 31.2 mn units

Indian stock market opens in green, Nifty above 24,500

White collar hiring in India grows 6 pc in Oct-Nov, non-IT sectors lead

India's domestic air passenger traffic to see 7-10 pc growth in FY25

India's industrial & logistics construction to exceed 60 million square feet: Report

India ranks among top 10 exporters of high-value products

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

Adani Group is on solid financial footing, certifies Bernstein

Ambuja Cements partners Finland-based Coolbrook towards Net Zero goals

Pace of India's manufacturing growth remains above its long-run average: HSBC

Sensex and Nifty end higher, realty stocks shine

Petrol, diesel, jet fuel sales surge in Nov as economy picks up

Indian NBFCs manage above decade average, to see asset growth at 15-17 pc over 2 fiscals: CRISIL

UPI transactions may touch 25 billion by end of 2025, predicts Rongala

CRISIL reaffirms strong credit ratings for Adani Group firms

Indian startups raise $9.2 bn in VC funding from January to October: Report

Sensex plunges 1,190 pts, Nifty closes below 24,000

Indian Railways rakes in Rs 12,159 crore from festive rush

Sales under telecom PLI reach Rs 65,320 crore, exports at Rs 12,384 crore: Centre

Myntra hosts Rising Stars D2C Summit to boost India's beauty brand ecosystem

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'