Bitcoin rose past $71,000 for the first time since June, bolstered by inflows into dedicated exchange-traded funds as well as speculation about potential outcomes from next week’s US election. The largest digital asset climbed more […]
China’s economy expanded at a slower-than-expected rate of 4.6% in the July-September quarter, the government said on Friday, October 18. The latest data show the world’s second largest economy slowing from 4.7% annual growth in […]
BRUSSELS (TIP)- The European Central Bank cut interest rates for the third time this year on Thursday, saying inflation in the euro zone was increasingly under control while the outlook for the wider economy was […]
New Delhi (TIP) – India is poised to be the third largest global economy by 2030 but rising population presented mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global […]
The World Bank has raised India’s economic growth forecast from 6.6 per cent to 7 per cent for the financial year 2024-25 citing the growth of agriculture output and policies as a major factor contributing […]
New York (TIP)- US consumer prices rose slightly more than expected in September, but the annual increase in inflation was the smallest in more than 3-1/2 years, potentially keeping the Federal Reserve on track to […]
Mumbai (TIP)- Mukesh Ambani, the chairman and managing director of Reliance Industries, retained the top spot on 2024 Forbes’ list of 100 richest Indian tycoons. This year India’s top 100 wealthiest cross a trillion dollar […]
California (TIP)- Meta CEO Mark Zuckerberg surpassed Jeff Bezos to become world’s second richest person as his net worth reached $206.2 billion, according to the Bloomberg Billionaires Index. With this, Mark Zuckerberg topped the $205.1 […]
New York (TIP)- Oil prices edged up on worries that the escalating conflict in the Middle East could threaten oil supplies from the world’s top producing region, but a large build in U.S. crude inventories […]
To curb speculative trading, markets regulator Sebi on Tuesday put in place a stricter framework for equity index derivatives by increasing the minimum contract size and mandating upfront collection of option premiums. Other measures announced […]
The Union Government is discussing a proposal to formulate a scheme for ‘Made in India’ label with a view to promote brand India in the global markets, an official said. The official said that a […]
The Central Bureau of Investigation (CBI) has registered a case of alleged Rs 525-crore bank loan fraud against the promoters and directors of Cox and Kings. The case was registered on the basis of a […]
India ranks third in the annual Asia Power Index, released by an Australian think-tank, surpassing Japan on the back of strong post-COVID 19 economic growth, while China’s power appeared to plateau just below the United […]
New York (TIP)- Global debt hit a record high of $312 trillion at the end of the second quarter, driven by borrowing in the United States and China, data from a banking trade group showed. […]
New Delhi (TIP)- Benchmark stock market indices continued their upward tick to hit a record high for the sixth session led by a rally in IT stocks. The S&P BSE Sensex added 67.47 points to […]
New Delhi (TIP)- Brookfield Asset Management Ltd. plans to add to the $13 billion it has already invested in Indian infrastructure, describing it as the “brightest spot” in emerging markets.“There’s no reason why we can’t […]
New York (TIP)- The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the pandemic, sharply lowering borrowing costs shortly before November’s presidential election. Policymakers voted […]
Google won a court fight with the European Union over a Euro 1.5 billion ($1.7 billion) fine for thwarting competition for online ads, partly atoning for last week’s crushing defeat in a separate judgment for […]
New York (TIP)- Underlying US inflation unexpectedly picked up in August on higher prices for housing and travel, undercutting the chances of an outsize Federal Reserve interest-rate cut next week. The so-called core consumer price […]
New Delhi (TIP)- India’s retail inflation was 3.65% in August 2024, according to the All India Consumer Price Index (CPI) data released on Thursday, September 12, 2024. The combined inflation (rural and urban) fell to […]
The RBI has imposed penalties totalling Rs 2.91 crore on Axis Bank and HDFC Bank for certain deficiencies in statutory and regulatory compliance. In a statement, the Reserve Bank of India (RBI) said a penalty […]
Mumbai (TIP)- Reserve Bank Governor Shaktikanta Das on Thursday, September 5, said the Indian growth story remains intact with consumption and investment demand growing in tandem, and emphasised that past reforms need to be augmented […]
BEIJING (TIP)- China is combining two of its largest state-backed brokerages to create a new behemoth as it seeks to consolidate the US$1.7 trillion (S$2.2 trillion) sector and build stronger investment banks to compete with […]
With the global demand for Indian spirits growing at a healthy rate, the government is planning to promote both Indian alcoholic and non-alcoholic beverages in the international markets and is eyeing USD one billion (about […]
Nanda Vrat is dedicated to Shiva and it is believed that Goddess Sati observed this fast to get Shiva as her husband. Sati followed the rituals of Nanda Vrat and made a Shivling of clay […]
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