
Business


No festive cheer for investors; FIIs continue to exit India
New Delhi (TIP)- There is little to no festive cheer for investors as the equity market extended its losing streak for a fifth straight session on Thursday. Persistent foreign fund outflows, weak global cues and […]

Starbucks to close stores, lay off 900 workers as part of turnaround plan
Starbucks is laying off around 900 non-retail employees and closing some US and Canadian stores as it focuses more of its resources on a turnaround. The Seattle coffee giant will notify employees whose positions are […]


Nvidia to invest $5 bn in struggling Intel
Nvidia announced on Thursday it will invest $5 billion in Intel through a strategic chip partnership that signifies one of Silicon Valley’s most strategic power shifts. As per the deal, Nvidia will purchase Intel stock […]





US consumer inflation rises 2.9%, highest in seven months
New York (TIP)- US consumer inflation rose to its highest this year after January, government data showed on Thursday, Sept 11. The US consumer inflation, highest in seven months, rose more than what was expected […]






Lord Swraj Paul, NRI industrialist dies aged 94
Lord Swraj Paul, NRI industrialist and founder of UK-based Caparo Group, has died in London, family sources said. He was 94. Paul had taken ill and was hospitalised recently, where he died surrounded by members […]

Rupee falls 18 paise to close at 87.25 against US dollar
The rupee pared initial gains and settled for the day lower by 18 paise at 87.25 (provisional) against US dollar on August 21, on a strong American currency and a recovery in crude oil prices. […]

U.S. and European Union provide fresh details of giant trade pact
Washington (TIP)- The United States and European Union say they’ve agreed on the details of a trade deal that would keep tariffs high for now on European vehicles and lower them on computer chips, but […]

Bitcoin hits record high above $124,000
Bitcoin hit a record high on Thursday, Aug 14, during early Asian trading, surpassing $124,000, driven by favourable US legislation and a rise in US equities. The cryptocurrency rose above its previous July record, briefly […]


US national debt hits record $37 trillion amid mounting fiscal concerns
Washington (TIP)- The US government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers, the AP reported. The $37 […]

Why Trump’s 25% tariff is a double whammy for India
New Delhi (TIP)- India’s trade ties with the United States were jolted this week after President Donald Trump imposed a blanket 25% tariff on all Indian exports, citing unfair trade barriers and deepening defence and […]

Toyota races ahead with record sales, despite Trump’s tariff turmoil
Toyota Motor Corp. saw record global sales during the first half of 2025 as strong demand for hybrid vehicles in core markets helped offset headwinds from President Donald Trump’s tariffs on cars imported to the […]

Federal Reserve leaves interest rates unchanged
Washington (TIP)- The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) has kept interest rates unchanged at 4.25 percent to 4.5 percent in the July 29-30 meeting for the fifth straight session. The central bank […]

Tesla braces for rough quarters ahead as US ends EV incentives
New York (TIP)- Elon Musk warned of difficult times ahead for Tesla Inc. after one of the automaker’s worst quarters in over a decade. Tesla will be a transition period for the next year or […]