IBT Business Desk

Articles by IBT Business Desk

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Centre approves 8 railways projects worth Rs 24,657 cr, to create 3 cr man-days

The Cabinet Committee on Economic Affairs (CCEA) on Friday approved eight railways projects worth about Rs 24,657 crore.

Aug 10, 2024

Food & grocery delivery, digital payments top Indians' priorities on smartphones

Daily online grocery demand slows down, FMCG sales drop: Report

India's FMCG sector growth slows to 4% in Q1 FY25, but rural demand rises, driving optimism for 4.5-6.5% growth in FY24.

Aug 9, 2024

Clearing time for cheques to be cut from 2 days to a few hours: RBI

The RBI aims to reduce the clearing time required for bank cheques to a few hours as part of a major step to facilitate the ease of doing business in the country, RBI Governor Shaktikanta Das

Aug 8, 2024

RBI to end scam by fake loan apps, public repository to be created for digital lending apps

To address the problems arising from unauthorised digital lending apps (DLAs), the Reserve Bank proposes to create a public repository of DLAs deployed by its regulated entities to help consumers verify a digital lender.

Aug 8, 2024

RBI hikes limit for tax payments via UPI from Rs 1 lakh to Rs 5 lakh

The Reserve Bank has decided to enhance the limit for tax payments through UPI from Rs 1 lakh to Rs 5 lakh per transaction.

Aug 8, 2024

Sensex trades lower, RBI MPC decides to keep repo rate unchanged

Indian equity indices opened lower on Thursday ahead of Reserve Bank of India (RBI) Governor Shaktikanta Das announcing MPC decisions.

Aug 8, 2024

Sensex falls 885 points, investors lose over Rs 4 lakh crore

Weekly Wrap: Sensex ends lower, recession fears grip global markets

Indian equity indices witnessed a loss in the last week due to fear of recession in the global market.

Aug 3, 2024

Bears still upset over Budget, Sensex falls 885 points, investors lose Rs 4 lakh crore

Indian equity indices closed in the deep red on Friday session following profit booking on higher levels.

Aug 2, 2024

UPI transactions reach Rs 20.64 lakh crore in July: NPCI

The Unified Payments Interface (UPI)-based transactions surged once again in the month of July, reaching Rs 20.64 lakh crore against Rs 20.07 lakh crore in the previous month – a massive 35 per cent surge (year-on-year), the data released by the National Payments Corporation of India (NPCI)

Aug 1, 2024

Sensex, Nifty close flat amid volatility

Indian equity indices closed flat on Tuesday amid volatile sessions.

Jul 30, 2024

Delhi-NCR 5th most expensive office space rental market in Asia-Pacific

Delhi-NCR ranks fifth as most expensive office space rental market in Asia-Pacific: Report

Delhi-NCR is the fifth most expensive office space rental market in the Asia-Pacific (APAC) region, as transactions across the three major markets in India saw a notable 50 per cent increase in the second quarter (Q2) of 2024

Jul 29, 2024

Over 1.4 lakh recognised startups in India created more than 15.5 lakh jobs: Centre

The Centre on Monday said that recognised startups have reported to have generated more than 15.5 lakh direct jobs to date, as it detailed various initiatives taken by ministries and departments to help create even more jobs and nurture young entrepreneurs in years to come.

Jul 29, 2024

Adani Total Gas reports 20 pc PAT growth in Q1, overall volume up 17 pc

Adani Total Gas reports 20 percent PAT growth in Q1, overall volume up 17 percent

Leading city gas distribution (CGD) company Adani Total Gas on Monday reported a robust operational and financial performance in the April-June quarter by achieving a 21 per cent EBITDA (Earnings before Interest, Tax, Depreciation, and Amortisation) growth at Rs 308 crore, on the back of 17 per cent rise in volume

Jul 29, 2024

India's Forex reserves surge to lifetime high of $670.86 bn

India's foreign exchange (Forex) reserves rose for the third-consecutive week to touch a new lifetime high of $670.86 billion as of July 19, according to the latest data released by the RBI on Friday.

Jul 26, 2024

Sensex, Nifty end flat as markets turn to consolidation phase

Nifty closes at all-time high, Sensex surges by 1,292 pts

Indian equity indices closed in the green on Friday following broad based buying in all segments of the markets.

Jul 26, 2024

Sensex comes out of negative sentiment, hovers over positive trade

Indian equity indices opened in the green on Friday following positive global cues. At 9.43 a.m., Sensex was up 329 points or 0.41 per cent, at 80,373 and Nifty was up 118 points or 0.48 per cent, at 24,524.

Jul 26, 2024

LIC stock revives positive spirit, hits new lifetime high of Rs 1,178.60

Shares of state-run insurer Life Insurance Corporation of India (LIC) on Friday touched a new lifetime high of Rs 1,178.60 on the Bombay Stock Exchange (BSE).

Jul 26, 2024

Passport fair will be held in 7 cities of the state including the capital Dehradun on 3rd December.

India's global passport index rises, visa-free access to 58 nations made available

India has been ranked at 82nd spot on a global passport index, allowing Indians visa-free entry to 58 countries, including popular destinations like Indonesia, Malaysia and Thailand.

Jul 25, 2024

Sensex continues to dovetail amid negative sentiments after Budget

Indian equity indices opened in the deep red on Thursday following negative cues from global markets.

Jul 25, 2024

Indexation removal on real estate won't hike tax burden, has limited impact

Indexation removal on real estate will have limited impact: FM

Amid the growing chatter over the removal of indexation benefit in the long-term capital gain (LTCG) calculation, Finance Minister Nirmala Sitharaman has stressed that the move is not a "revenue-raising measure" and will not lead to a higher tax burden on real estate transactions.

Jul 25, 2024

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Articles by IBT Business Desk

Centre approves 8 railways projects worth Rs 24,657 cr, to create 3 cr man-days

Daily online grocery demand slows down, FMCG sales drop: Report

Clearing time for cheques to be cut from 2 days to a few hours: RBI

RBI to end scam by fake loan apps, public repository to be created for digital lending apps

RBI hikes limit for tax payments via UPI from Rs 1 lakh to Rs 5 lakh

Sensex trades lower, RBI MPC decides to keep repo rate unchanged

Weekly Wrap: Sensex ends lower, recession fears grip global markets

Bears still upset over Budget, Sensex falls 885 points, investors lose Rs 4 lakh crore

UPI transactions reach Rs 20.64 lakh crore in July: NPCI

Sensex, Nifty close flat amid volatility

Delhi-NCR ranks fifth as most expensive office space rental market in Asia-Pacific: Report

Over 1.4 lakh recognised startups in India created more than 15.5 lakh jobs: Centre

Adani Total Gas reports 20 percent PAT growth in Q1, overall volume up 17 percent

India's Forex reserves surge to lifetime high of $670.86 bn

Nifty closes at all-time high, Sensex surges by 1,292 pts

Sensex comes out of negative sentiment, hovers over positive trade

LIC stock revives positive spirit, hits new lifetime high of Rs 1,178.60

India's global passport index rises, visa-free access to 58 nations made available

Sensex continues to dovetail amid negative sentiments after Budget

Indexation removal on real estate will have limited impact: FM

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'