IBT Business Desk

Articles by IBT Business Desk

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Adani Ports to develop berth at Gujarat's Kandla Port for multi-purpose cargo

Adani Ports Set to Build New Multi-Purpose Cargo Berth at Kandla Port, Gujarat

Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday announced it will develop a multi-purpose berth at Kandla Port in Gujarat.

Sep 11, 2024

Apple iPhone 16 being launched globally from Indian factories: Ashwini Vaishnaw

Apple hits $5 bn in iPhone exports from India between April and August

Driven by the production-linked incentive (PLI) scheme, Apple has reached around $5 billion in iPhone exports from India in the April-August period this fiscal.

Sep 11, 2024

5 cr MSMEs registered, aim to ramp up credit guarantees by another Rs 5 lakh cr: Centre

Registered MSMEs in India have surged from 1.65 crore to 5 crore due to government efforts. The Credit Guarantee Trust for Micro and Small Enterprises has extended credit guarantees worth Rs 4 lakh crore in the last two years.

Sep 10, 2024

Power demand in India declines for 1st time in 15 months, hydro gains steam

Peak power demand in India is estimated to have declined to 217 GW in the month of August compared with 238 GW a year earlier which was the second-highest level recorded in fiscal 2024, a report showed on Tuesday.

Sep 10, 2024

Health experts hail Centre's move to exempt customs duty on cancer drugs

GST reduction on cancer drugs to make life-saving meds more affordable: Experts

Reduction in tax rates on essential cancer drugs, a crucial step for making life-saving medicines more affordable and accessible to patients.

Sep 10, 2024

Indian space startup Pixxel bags NASA contract to support Earth science research

Indian space startup Pixxel has bagged a NASA contract to support Earth science research using the hyperspectral technology.

Sep 10, 2024

Hiring outlook in India up 7 pc for Oct-Dec quarter, strongest globally: Report

The employment outlook in India is the strongest worldwide for the October-December period (Q4 2024), showing significant improvement of 7 per cent compared to the ongoing July-September quarter (Q3), a report showed on Tuesday.

Sep 10, 2024

PM Modi's Cabinet approves ₹3,300 crore for 'Made in India' semiconductors

Over 250 chip firms from 24 countries to participate in 'Semicon India 2024'

India hosts Semicon India 2024, showcasing growing semiconductor industry presence.

Sep 10, 2024

Sensex snaps 3-day losing streak on rebound in FMCG and Pvt Bank shares

Indian equity indices closed higher on Monday, snapping its three-day losing streak following a rally in FMCG and private bank stocks.

Sep 9, 2024

Life Insurance Corporation of India (LIC)

LIC's new business premium up 35 pc to Rs 19,309 crore in Aug

LIC of India saw surge in its new business premium for the month of August in the same month last year.

Sep 9, 2024

India's defence export projected to grow at 18 pc by 2030: Report

India's defence export is estimated to grow at 18 per cent CAGR (compound annual growth rate) from FY24-FY30, driven by the 'Make in India' initiative and thrust on local manufacturing.

Sep 9, 2024

GST reduced tax incidence on common man, to be expanded to remaining sectors

GST Council meet to focus on medical insurance premium, rate rationalization

With an aim to ensure less burden on the taxpayers, the 54th GST Council meeting is likely to deliberate on a slew of issues.

Sep 9, 2024

Centre sanctions Rs 576 crore for 4-laning highway in Karnataka

Cost of EVs to match petrol, diesel vehicles by 2026: Nitin Gadkari

Adoption of electric vehicles (EVs) increase in the country, the cost of EVs will almost match petrol and diesel vehicles within the next two years

Sep 9, 2024

Indian Institute of Technology (Banaras Hindu University)

IIT Bombay secures record Rs 700 crore fund for research and development

The Indian Institute of Technology (IIT) Bombay secured a record Rs 700 crore as an annual grant for research and development in 2023-24.

Sep 7, 2024

Need to invest in air pollution solutions for global prosperity: UN

The world marked the fifth annual International Day of Clean Air for blue skies on Saturday, with calls for investment in clean air solutions as air pollution is increasingly causing public health, environmental, and economic problems.

Sep 7, 2024

India's forex reserves rise to 4-month high

India's forex reserves up $2.3 billion to touch new high of $683.9 billion

India's forex reserves increased by $2.299 billion to a new high of $683.98 billion for the week ended August 30, the Reserve Bank of India (RBI) data showed on Friday

Sep 7, 2024

personal finance trading demat nsdl csdl trading shares bse nse sensex nifty closing price index gains losses retail investors numbers results bse nse

Demat accounts rise to 171 million in August, up 4 million

India's total demat accounts continue to rise, with over four million new ones added in August, as per the depositories' data.

Sep 6, 2024

India pips China to become largest weight in MSCI Emerging Market IMI

Sep 6, 2024

1st consignment of Indian pomegranates reaches Melbourne from Mumbai

First consignment of Indian pomegranates reaches Melbourne from Mumbai

The first consignment of Indian pomegranates from Mumbai to Melbourne in Australia has been successfully facilitated, the Agricultural and Processed Food Products Export Development Authority (APEDA) informed on Thursday.

Sep 5, 2024

Sensex closes 151 points down, Reliance and Tata Motors top losers

Indian frontline equity indices closed in the red on Thursday due to heavyweights like Reliance, Tata Motors and Nestle losing the most in the Sensex.

Sep 5, 2024

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Articles by IBT Business Desk

Adani Ports Set to Build New Multi-Purpose Cargo Berth at Kandla Port, Gujarat

Apple hits $5 bn in iPhone exports from India between April and August

5 cr MSMEs registered, aim to ramp up credit guarantees by another Rs 5 lakh cr: Centre

Power demand in India declines for 1st time in 15 months, hydro gains steam

GST reduction on cancer drugs to make life-saving meds more affordable: Experts

Indian space startup Pixxel bags NASA contract to support Earth science research

Hiring outlook in India up 7 pc for Oct-Dec quarter, strongest globally: Report

Over 250 chip firms from 24 countries to participate in 'Semicon India 2024'

Sensex snaps 3-day losing streak on rebound in FMCG and Pvt Bank shares

LIC's new business premium up 35 pc to Rs 19,309 crore in Aug

India's defence export projected to grow at 18 pc by 2030: Report

GST Council meet to focus on medical insurance premium, rate rationalization

Cost of EVs to match petrol, diesel vehicles by 2026: Nitin Gadkari

IIT Bombay secures record Rs 700 crore fund for research and development

Need to invest in air pollution solutions for global prosperity: UN

India's forex reserves up $2.3 billion to touch new high of $683.9 billion

Demat accounts rise to 171 million in August, up 4 million

India pips China to become largest weight in MSCI Emerging Market IMI

First consignment of Indian pomegranates reaches Melbourne from Mumbai

Sensex closes 151 points down, Reliance and Tata Motors top losers

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'