IBT Business Desk

Articles by IBT Business Desk

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UP women farmers integrate agriculture with fish farming

Budget gives push to fisheries sector with 54 per cent hike in outlay

The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman in the Parliament on Tuesday, has hiked the allocation for the Department of Fisheries by 54 per cent to Rs 2,616.44 crore from Rs 1,701 crore (Revised Estimates) during 2023-24.

Jul 24, 2024

Jammu and Kashmir Lieutenant Governor Manoj Sinha takes part in the virtual 'Pratham Puja' of the Amarnath Yatra at Raj Bhawan

Significant Budget Boost for J&K: Rs 42,277 Crore Allocated by Centre

The Centre has allocated Rs 42,277.74 crore to Jammu and Kashmir (J&K) in the Union Budget 2024-25 with a hike of 1.2 per cent from the Rs 41,751.44 crore given in the last fiscal.

Jul 23, 2024

Centre announces one crore houses for urban poor with Rs 10 lakh crore investment

Union Finance Minister Nirmala Sitharaman on Tuesday proposed an allocation of Rs 2.2 lakh crore for urban housing, along with a Rs 10 lakh crore interest subsidy scheme in the flagship Pradhan Mantri Awas Yojana (PMAY) scheme.

Jul 23, 2024

Budget offers income tax sops for 4 crore salaried individuals

Finance Minister Nirmala Sitharaman offered a bonanza for four crore salaried individuals and pensioners with the Budget announcements for 2024-25.

Jul 23, 2024

Centre convenes all-party meet today ahead of Budget Session

Glad to know FM has taken note of some schemes from Congress manifesto, says Chidambaram

After Union Finance Minister Nirmala Sitharaman introduced many schemes while presenting the Budget on Tuesday, former Finance Minister P. Chidambaram said that he is glad to know that the Finance Minister has read the Congress manifesto of 2024 Lok Sabha elections.

Jul 23, 2024

Union Budget gives major push to Bihar but ends with promise to facilitate 'loans' for AP capital

Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024 in Parliament aimed at giving a major push to Bihar than Andhra Pradesh in view of the upcoming elections in the state.

Jul 23, 2024

Indian real estate registers $2.5 bn in investments in Q2

Union Budget: Centre to assign ULPIN to all land in rural areas, realtors upbeat

Finance Minister Nirmala Sitharaman on Tuesday, while presenting the Union Budget in Parliament, announced a slew of land-related reforms and action proposals, including assigning Unique Land Parcel Identification Number (ULPIN) to all land in rural areas.

Jul 23, 2024

Cancer drugs -- Trastuzumab deruxtecan, Osimertinib and Durvalumab -- to get exemption from customs duty

In a big relief to cancer patients, Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2024, exempted customs duty on three cancer drugs.

Jul 23, 2024

Union Budget 2024: What becomes costlier now?

With Finance Minister Nirmala Sitharaman announcing a major reduction in customs duty on cancer drugs and mobile phones, it is set to considerably bring down their prices in the market. The three cancer drugs are Trastuzumab deruxtecan, Osimertinib and Durvalumab.

Jul 23, 2024

Economic Survey 2023-24: Economy continues to expand, inflation largely under control

The Centre on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha. The survey presented by Finance Minister Nirmala Sitharaman and prepared by the Economic Division under the Ministry of Finance provides a detailed analysis of the economic performance for the fiscal year 2023-24.

Jul 22, 2024

India's inflation rate 5.6% higher than most other nations: Bank of Baroda

Retail inflation at 5.4 pc in FY24, lowest since pandemic: Economic Survey 2023-24

Timely policy interventions by the government and the Reserve Bank of India's (RBI) price stability measures helped retail inflation stand at 5.4 per cent -- the lowest since the pandemic

Jul 22, 2024

Economic Survey pegs India's GDP growth rate at 6.5-7 pc for 2024-25

The Economic Survey tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday projects India's GDP growth rate at 6.5 to 7 per cent for 2024-25 as it sees the economy on a strong wicket.

Jul 22, 2024

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

As the Centre is set to present the Union Budget 2024-2025 on July 23, stock market experts bet big on four key sectors -- capital goods, defence, electronics system design and manufacturing (ESDM) and Tourism.

Jul 21, 2024

Centre issues advisory on Microsoft Windows outage

The Centre on Friday issued an advisory on the outage of Microsoft Windows owing to CrowdStrike agent 'Falcon Sensor' update.

Jul 20, 2024

23 flights cancelled at Hyderabad Airport due to Microsoft outage

As many as 23 domestic flights were cancelled at Hyderabad's Rajiv Gandhi International Airport (RGIA) on Friday due to Microsoft global outage.

Jul 20, 2024

Stock Market Down, Bear Market, Bearish, Sensex Down

Selloff frenzy grips Indian stock markets, investors lose Rs 8 lakh crore

The Indian equity market witnessed a sharp selloff on Friday, following weak global cues and profit booking on higher levels.

Jul 19, 2024

Infosys' headcount drops 1,908 in Q1 FY25, plans to hire 20,000 freshers as per growth

Infosys' headcount drops 1,908 in Q1 FY25, but plans to hire 20,000 freshers

IT giant Infosys on Thursday reported a drop in headcount by 1,908 in the April-June quarter of the current fiscal (FY25).

Jul 19, 2024

Sensex, Nifty touch all-time record highs as demand for IT stocks revives

The Indian benchmark indices on Thursday saw a sharp rally over renewed buying in IT stocks, ending up for the fourth straight session while touching a new all-time high.

Jul 18, 2024

LIC shares witness huge support, records 78% surge in one year

India's largest insurance company, LIC's shares railed 78 per cent over the last one year, following strong operational performance or positive sentiment for PSU shares among the investors.

Jul 18, 2024

Union Budget: Electronics players pitch for support to local TV manufacturing

Electronics manufacturers on Thursday urged the government to prioritise comprehensive support for the local manufacturing of electronics, including the television industry, on the lines of mobile devices.

Jul 18, 2024

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Articles by IBT Business Desk

Budget gives push to fisheries sector with 54 per cent hike in outlay

Significant Budget Boost for J&K: Rs 42,277 Crore Allocated by Centre

Centre announces one crore houses for urban poor with Rs 10 lakh crore investment

Budget offers income tax sops for 4 crore salaried individuals

Glad to know FM has taken note of some schemes from Congress manifesto, says Chidambaram

Union Budget gives major push to Bihar but ends with promise to facilitate 'loans' for AP capital

Union Budget: Centre to assign ULPIN to all land in rural areas, realtors upbeat

Cancer drugs -- Trastuzumab deruxtecan, Osimertinib and Durvalumab -- to get exemption from customs duty

Union Budget 2024: What becomes costlier now?

Economic Survey 2023-24: Economy continues to expand, inflation largely under control

Retail inflation at 5.4 pc in FY24, lowest since pandemic: Economic Survey 2023-24

Economic Survey pegs India's GDP growth rate at 6.5-7 pc for 2024-25

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

Centre issues advisory on Microsoft Windows outage

23 flights cancelled at Hyderabad Airport due to Microsoft outage

Selloff frenzy grips Indian stock markets, investors lose Rs 8 lakh crore

Infosys' headcount drops 1,908 in Q1 FY25, but plans to hire 20,000 freshers

Sensex, Nifty touch all-time record highs as demand for IT stocks revives

LIC shares witness huge support, records 78% surge in one year

Union Budget: Electronics players pitch for support to local TV manufacturing

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'