IBT Business Desk

Articles by IBT Business Desk

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Mercedes-Benz India cruises to double-digit growth as demand for luxury cars rises

Mercedes-Benz India is on course to close the current year with a double-digit jump in sales, as demand for luxury cars increased.

Nov 13, 2024

IPO market buzz continues next week with 3 new public issues

India's infrastructure push to be among largest in 21st century: KPMG

India is likely to see implementation of one of the biggest infrastructure programmes in 21st century, amongst the largest economies and creating fiscal sources of capital would be key to this initiative, according to a KPMG report.

Nov 13, 2024

Swiggy-backed Rapido sees net loss at Rs 371 crore in FY24

Homegrown ride-sharing platform Rapido registered a net loss of Rs 371 crore last fiscal (FY24) from Rs 675 crore in FY23.

Nov 13, 2024

India's industrial production rises 3.1 pc in September

India's Index of Industrial Production (IIP) bounced back with an expansion of 3.1 per cent in September as against a contraction of 0.1 per cent in August, according to data released by the Ministry of Statistics on Tuesday.

Nov 12, 2024

Nykaa's net profit drops almost 5 pc to Rs 12.97 crore in July-Sep

Despite the onset of festive season, online beauty and fashion ecommerce major Nykaa saw its consolidated net profit declining almost 5 per cent to Rs 12.97 crore in the July-September period (quarter-on-quarter), according to its financials on Tuesday.

Nov 12, 2024

India's retail inflation rises to 6.21 pc in Oct as vegetables play spoilsport

India's retail price inflation, based on the Consumer Price Index (CPI), rose to 6.21 per cent in October as higher prices of food items such as vegetables spiked during the month, figures released by the Ministry of Statistics on Tuesday showed.

Nov 12, 2024

India's public sector banks clocks 11 pc growth at Rs 236 lakh crore in April-Sep FY25

Public sector banks (PSBs) showed strong performance in the first half of current fiscal (FY25) with 11 per cent annual growth.

Nov 12, 2024

vistara airasia india aviation policy india domestic air traffic air fare promotion offer tickets discount sale price business slowdown

Vistara merger with Air India takes off; Group to now operate 300 aircraft

The Air India Group on Tuesday completed the operational integration and legal merger between Air India and Vistara, creating a full-service carrier of scale and marking a significant milestone in the post-privatisation transformation journey.

Nov 12, 2024

Bears on prowl! Sensex tanks 820 points, Nifty below 24,000

The Indian stock market closed in red on Tuesday as heavy selling was seen in all sectors except IT and realty.

Nov 12, 2024

India breaks into world's top 6 ranks as patent filings double in last 5 years

India's patents and industrial design filings for Intellectual Property rights doubled between 2018 and 2023, taking the country to the sixth rank, according to the latest World Intellectual Property Organisation's (WIPO) annual report.

Nov 12, 2024

Rural consumption of FMCG goods surged 60 pc over last 2 years: Report

There has been a 60 per cent rise in the average FMCG basket size among India's rural consumers in the last two years, driven by a growing preference for convenience products, according to the latest Group M and Kantar report released on Monday.

Nov 11, 2024

SIP inflow hits Rs 25,000 crore for 1st time, equity fund inflows at record Rs 41,887 crore

The monthly systematic investment plan (SIP) inflow made a new all-time high in India at Rs 25,323 crore in October, from Rs 24,509 crore in September, according to the latest data from the Association of Mutual Funds in India (AMFI) on Monday.

Nov 11, 2024

US oil drilling costs may reach $67-$70 per barrel by 2026 under Trump

The Donald Trump presidency in the US could have a significant impact on the oil market, with potential growth largely dictated by price.

Nov 11, 2024

Vistara operating last flights as merger with Air India takes off on Tuesday

Full-service airline Vistara will operate its last flights today as it will be merged with the Air India Group on Tuesday.

Nov 11, 2024

LIC's new premiums surge by 22.5 pc to Rs 1.33 lakh crore in current fiscal year

Life Insurance Corporation of India (LIC), the country's largest insurer, has achieved a 22.52 per cent increase in new business premiums at Rs 1,32,680.98 crore during the first seven months of FY25, compared to the corresponding figure of Rs 1,08,289.78 crore in the same period of the previous fiscal year, data showed on Monday.

Nov 11, 2024

Trump's return likely to bolster India's textile trade with US: Industry

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Articles by IBT Business Desk

Mercedes-Benz India cruises to double-digit growth as demand for luxury cars rises

India's infrastructure push to be among largest in 21st century: KPMG

Swiggy-backed Rapido sees net loss at Rs 371 crore in FY24

India's industrial production rises 3.1 pc in September

Nykaa's net profit drops almost 5 pc to Rs 12.97 crore in July-Sep

India's retail inflation rises to 6.21 pc in Oct as vegetables play spoilsport

India's public sector banks clocks 11 pc growth at Rs 236 lakh crore in April-Sep FY25

Vistara merger with Air India takes off; Group to now operate 300 aircraft

Bears on prowl! Sensex tanks 820 points, Nifty below 24,000

India breaks into world's top 6 ranks as patent filings double in last 5 years

Rural consumption of FMCG goods surged 60 pc over last 2 years: Report

SIP inflow hits Rs 25,000 crore for 1st time, equity fund inflows at record Rs 41,887 crore

US oil drilling costs may reach $67-$70 per barrel by 2026 under Trump

Vistara operating last flights as merger with Air India takes off on Tuesday

LIC's new premiums surge by 22.5 pc to Rs 1.33 lakh crore in current fiscal year

Trump's return likely to bolster India's textile trade with US: Industry

Gold prices fall to Rs 77,000 per 10 grams; sliver below Rs 91,000 per kg

RIL mcap decreases by Rs 74,000 crore; SBI, TCS, Infosys biggest gainers

India's steel exports clock double digit growth in October

Estimates show India's smartphone market to grow by 7 to 8% this year

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'