US President Donald Trump hinted towards a “possible” trade deal with one of its key targets for tariff policies, China. Trump told the Air Force One reporters that during his first tenure in 2020, the […]
The Adani Group is reportedly exploring acquisition of several cement companies. On Gautam Adani’s radar is Hyderabad-based Penna Cement, Gujarat-headquartered Saurashtra Cement, cement business of Jaiprakash Associates and ABG Shipyard owned Vadraj Cement, as per […]
Retail inflation eased to a one-year low of 4.75 per cent in May as prices of some kitchen items declined marginally, according to government data released on Wednesday, June 12. The Consumer Price Index (CPI) […]
Mumbai (TIP)- Equity benchmark Sensex on Thursday, May 9, crashed over 1,000 points while the Nifty dived below the 22,000 level due to across-the-board selloff amid general election uncertainties. Besides, persistent foreign fund outflows and […]
LONDON (TIP): A British-Indian entrepreneur and founder of an ethnic minority-focused marketing agency has been conferred the Freedom of the City of London honor for his contributions to the financial hub of the UK capital. […]
SANTA CLARA, CA (TIP): Indian American billionaire Vinod Khosla wants the world’s elite to not go to the annual meeting of the World Economic Forum, and instead contribute that money to “a better cause.” The […]
NEW YORK (TIP): Baiju Bhatt, the Indian American cofounder of the trading unicorn Robinhood, has become the latest Indian American billionaire thanks to the stunning growth of the financial services company in the past year. […]
Mumbai (TIP): Total 11 private Indian firms have made it to the list of 500 most valuable companies across the world, and the country is ranked 10th on the chart, as per a report. The […]
PHILADELPHIA (TIP): Ask Ajay Raju about Indigo Global, the all-purpose elite corporate strategy and solutions firm he founded, and you’ll learn perhaps more than you ever wanted to know about the mating habits of deep sea […]
LONDON (TIP): Indian-origin billionaire brothers Mohsin and Zuber Issa are set to acquire a majority stake in the leading UK supermarket chain Asda from its US owner Walmart after a USD 8.8-billion deal was struck as […]
NEW YORK(TIP): Stocks tumbled Wednesday, December19, as investors fretted over a growing list of concerns, including slowing economic growth, trade policy and the threat of a U.S. government shutdown. The Dow lost 464 points, or […]
NEW DELHI(TIP): Finance Minister Arun Jaitley said on Friday, November 2, India would become the world’s fifth largest economy in 2019 and among the top three in the coming years. Speaking at the ‘Support and […]
The American economy under Trump has been very different from the economic cycles of the past several decades. It is growing within the inflation target of 2%. It has been incessantly creating employment, keeping the […]
NEW YORK(TIP): Ford’s reorganization could include upwards of 24,000 job cuts, NBC News reported Monday, Oct 8. The automaker has not provided hard figures on the number of employees it will let go, but its […]
NEW YORK(TIP): Indian- origin PepsiCo’s Indra Nooyi, who steps down as its chief executive officer, October 1, after 12 years at the helm of the global beverage giant, said a “lot of fuel” is still […]
“There are several moderate but effective instruments available to the government to help the rupee find an equilibrium”, says the author. The travails of the rupee have dominated newspaper headlines over the last fortnight. Its […]
The government has opted for a convenient tactic to address the Rs 10 lakh plus crore mess in public sector banks (PSBs). Dena Bank — one of the worst performing PSBs — was forbidden by […]
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