IBT Business Desk

Articles by IBT Business Desk

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Women plant rice saplings in a paddy field at Bamuni village

Favourable monsoon boosts paddy sowing beyond normal levels this year

Better monsoon this year has helped paddy sowing surpass the average area of the last five years. The paddy cultivation reached 408.72 lakh hectares (as of September 2), exceeding the average of 401.55 lakh hectares.

Sep 3, 2024

Centre urges state govts to include marginalised workers under PM housing scheme

The Centre on Tuesday requested state governments to extend the benefits of the Pradhan Mantri Awas Yojana (PMAY) to disadvantaged workers, to ensure social justice and enhance ease of living.

Sep 3, 2024

Sensex closes above 82,500 points for first time ever

Indian equity indices closed at a record high on Monday following a positive sentiment in the market.

Sep 2, 2024

Sensex opens at all-time high on positive global cues

Indian equity frontline indices opened at an all-time high on Monday following a rally in the US market.

Sep 2, 2024

Maruti Suzuki India's sales down 3.9 pc in August, Kia India logs 17.1 pc growth

Maruti Suzuki India sold a total of 1.82 lakh units in August, down nearly 3.9 per cent (year-on-year) from 1.89 lakh units in the same month last year.

Sep 1, 2024

India's April-Dec fiscal deficit at 55% of full year target

India's fiscal deficit for April-July stands at 17.2 pc of full-year target

The Central government's fiscal deficit in the first four months (April-July) of the current financial year stands at Rs 2.77 lakh crore.

Aug 31, 2024

Over 200 pc surge in property registrations among Mumbai's elderly post-Covid

Over 200 pc surge in property registrations among Mumbai's elderly people in post-Covid period

The share of overall property registrations by buyers of aged 61 and above surged 204 per cent in Mumbai, increasing from 7,554 in 2020 to 15,276 in 2024, as elderly buyers sought better properties for a stable lifestyle.

Aug 30, 2024

India's tyre exports bounce back in April-June quarter

India's tyre exports have bounced back in the first quarter (April-June) of the current financial year with a 17 per cent jump to Rs 6,219 crore, according to a statement issued by the Automotive Tyre Manufacturers Association (ATMA).

Aug 30, 2024

Nifty likely to reach 26,820 in next 12 months, following good monsoon conditions: Report

Nifty is likely to meet a 12-month target of 26,820, revised higher from earlier target of 26,398, market analysts said on Friday, amid high expectations for a festival season revival, supported by favourable monsoon conditions, and a strong infrastructure spending push by the government.

Aug 30, 2024

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

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

Adani Enterprises Limited (AEL) on Thursday announced the launch of its maiden public non-convertible debenture (NCD) issue on September 4, with plans to raise up to Rs 800 crore.

Aug 29, 2024

Sensex ends flat, Nifty at 25,052 after hitting fresh all-time high

Indian equity benchmarks closed flat on Wednesday following volatility in the markets.

Aug 28, 2024

Centre approves 3 railways projects worth Rs 6,456 cr, to create 114 lakh man-days

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved three projects of Ministry of Railways with a total estimated cost of Rs 6,456 crore and to be completed by up to 2028-29.

Aug 28, 2024

Janmashtami: Sales turnover in festivities soars to Rs 25,000 crore, says CAIT

The Janmashtami festival this year generated a business of more than Rs 25,000 crore, according to the traders' body Confederation of All India Traders (CAIT).

Aug 28, 2024

Chevron to invest Rs 8,300 Cr in Karnataka, hire 600 engineers by 2025

Global energy solutions leader Chevron on Friday announced to invest Rs 8,300 crore to set up its engineering and innovation centre of excellence (ENGINE) in Bengaluru.

Aug 24, 2024

Vodka accounted for just six per cent of sales of alcoholic beverages in this year so far

Are Russians falling out of love with vodka? Share of domestic demand plunges to single-digit

It is the alcoholic beverage most stereotypically identified with Russia, but vodka seems to be losing its charm for the people of the country, with its share of the domestic market in 2024 plunging to single-digit figures, as per sales data.

Aug 24, 2024

Sensex, Nifty trade flat amid mixed global cues

Sensex, Nifty trade remain flat ahead of Fed chief's policy speech on interest rates

Indian equity indices opened flat on Friday following mixed cues from global markets.

Aug 23, 2024

New Delhi, Principal Scientific Adviser, advisory document, Bharat Zero Emission Trucking Policy, ecosystem, decarbonisation, Net Zero

Govt launches Bharat Zero Emission Trucking policy advisory

Prof. Ajay Kumar Sood, Principal Scientific Adviser (PSA) to the Union government on Wednesday launched the advisory document titled 'Bharat Zero Emission Trucking (ZET) Policy Advisory' aimed at creating an ecosystem to speed up decarbonisation and help achieve India's ambitious Net Zero 2070 target.

Aug 21, 2024

Sensex closes up 378 points, bank shares lead the rally

India equity indices closed in the green on Tuesday following positive sentiments in the markets.

Aug 20, 2024

India a bright spot, to remain fastest-growing major economy this year: Report

Despite global .macro-economic conditions, India continues to remain a bright spot and is expected to be the fastest-growing major economy this year

Aug 20, 2024

India records 26 pc jump in FDI flows in first quarter

The gross foreign direct investment (FDI) flowing into the Indian economy has surged by 26.4 per cent to $22.5 billion during the April-June quarter of the current financial year compared to the same quarter of the previous year, according to the RBI's latest monthly bulletin.

Aug 20, 2024

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Articles by IBT Business Desk

Favourable monsoon boosts paddy sowing beyond normal levels this year

Centre urges state govts to include marginalised workers under PM housing scheme

Sensex closes above 82,500 points for first time ever

Sensex opens at all-time high on positive global cues

Maruti Suzuki India's sales down 3.9 pc in August, Kia India logs 17.1 pc growth

India's fiscal deficit for April-July stands at 17.2 pc of full-year target

Over 200 pc surge in property registrations among Mumbai's elderly people in post-Covid period

India's tyre exports bounce back in April-June quarter

Nifty likely to reach 26,820 in next 12 months, following good monsoon conditions: Report

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

Sensex ends flat, Nifty at 25,052 after hitting fresh all-time high

Centre approves 3 railways projects worth Rs 6,456 cr, to create 114 lakh man-days

Janmashtami: Sales turnover in festivities soars to Rs 25,000 crore, says CAIT

Chevron to invest Rs 8,300 Cr in Karnataka, hire 600 engineers by 2025

Are Russians falling out of love with vodka? Share of domestic demand plunges to single-digit

Sensex, Nifty trade remain flat ahead of Fed chief's policy speech on interest rates

Govt launches Bharat Zero Emission Trucking policy advisory

Sensex closes up 378 points, bank shares lead the rally

India a bright spot, to remain fastest-growing major economy this year: Report

India records 26 pc jump in FDI flows in first quarter

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'