India’s rank on the World Economic Forum’s Travel & Tourism Development Index 2024 has risen to 39th place, with global tourism activities returning to pre-pandemic levels, the annual report showed. While the US topped the […]
One 97 Communications Ltd, the parent company of Paytm, clocked a net loss of Rs 550 crore in the January-March period of FY24, a 3.2 times jump compared to the same period in the last […]
Washington (TIP)- Federal Reserve Chair Jerome Powell said on Tuesday, May 14, that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view […]
Mumbai (TIP)- Japan’s Honda Motor pledged to double its electrification and software investment to about $65 billion over the 10 years running through the 2030 business year, it said on Thursday, May 16. Honda CEO […]
United Nations (TIP)- India registered “very robust” economic growth performance and has become an alternative investment destination for many Western companies as “less and less” foreign investment is going into China, an expert at the […]
The International Energy Agency (IEA) has scaled down its forecast for the growth in oil demand during 2024 as it expects the consumption of fuels to come down amid the economic slowdown in the advanced […]
India’s exports have increased to as many as 115 countries out of the total 238 destinations during 2023-24 despite the global economic uncertainties, according to commerce ministry’s data. These 115 export destinations, which account for […]
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 […]
President Joe Biden is set to announce new China tariffs as soon as next week targeting strategic sectors including electric vehicles, according to two people familiar with the matter. The full announcement, which could take […]
Oil rose on Friday, May 10, set for a weekly gain, as data this week from the U.S. and China, the world’s two largest crude users, pointed to higher demand and continuing uncertainty over the […]
New Delhi (TIP)-A dani Enterprises Ltd, the flagship incubator of billionaire Gautam Adani’s conglomerate, on Thursday, May 2, reported a 37 per cent drop in March quarter net profit, bogged down by one-time past airport […]
Oil prices rose on May 1, rebounding from three days of losses that took prices to their lowest since mid-March. Brent crude futures for July gained 79 cents, or 0.95%, to $84.23 a barrel by […]
Equity benchmark indices climbed in early trade on Friday, May 3, with the Nifty reaching its fresh all-time peak, following a rally in shares of Bajaj Finance and positive trends from the US markets. The […]
Washington (TIP)- Sundar Pichai said that employees need to be more focused “in how we work, collaborate, discuss and even disagree.” The message came in a blog post by the Google CEO following nine employees […]
Bengaluru (TIP)- Shares of Infosys fell as much as 2.9% on Friday, April 19, a day after India’s No.2 software services exporter forecast annual revenue below expectations, raising doubts over predictions of early recovery in […]
India’s crude oil import dropped 16 per cent in the last fiscal on lower international rates but the dependency on overseas suppliers rose to a new high, official data showed. India imported 232.5 million tonnes […]
Electric vehicle (EV) manufacturing giant Tesla is in the initial stages of talks with Reliance Industries Limited (RIL) to form a joint venture to build a manufacturing plant in India, reported The Hindu BusinessLine quoting […]
Washington (TIP)- US air regulator is probing a Boeing whistleblower’s claims that the company dismissed safety and quality concerns in the production of the planemaker’s 787 and 777 jets, an agency spokesperson said. Boeing engineer […]
Fitch Ratings revised the outlook on China’s long-term foreign debt to negative from stable, citing increasing risks to the country’s public finance prospects. Rising economic uncertainties and China’s efforts to shift its growth model away […]
New Delhi (TIP)- Ride-hailing services provider Ola has decided to shut down operations in the UK, Australia and New Zealand and will continue to focus on India business, its promoter ANI Technologies said. The Softbank-backed […]
Sam Bankman-Fried, co-founder of the failed crypto exchange FTX, has been sentenced to 25 years in prison for defrauding customers and investors of his now-bankrupt firm. The ruling cements the downfall of the former billionaire, […]
New Delhi (TIP)- Benchmark equity indices Sensex and Nifty joined a rally in global markets on Thursday, March 21, after the US Federal Reserve maintained its projection of three rate cuts this year. According to […]
OpenAI CEO Sam Altman’s stake in Reddit rose by $200 million to over $613 million following the social media company’s IPO debut. Shares of the 19-year-old company jumped 48% in New York Stock Exchange trading […]
Indian conglomerate JSW Group and Chinese automotive manufacturer SAIC Motor-owned MG Motor India today kick-started their joint venture to produce both electric and internal combustion engine cars to capture a large chunk of the Indian […]
Washington (TIP)- The US Department of Justice sued Apple on Thursday, March 21, for illegally maintaining a monopoly for its iPhone by stifling competition and imposing exorbitant costs on consumers. The lawsuit, also brought by […]
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