washington (TIP): US President Donald Trump’s reciprocal tariffs could soon be restored, likely by July, to levels seen prior to the US Supreme Court’s ruling, US Treasury Secretary Scott Bessent said. “We had a setback […]
Beijing (TIP): China’s economy accelerated in the first quarter of this year, expanding 5% from a year earlier as it largely shrugged off impacts from the Iran war so far, according to data released Thursday, […]
New Delhi (TIP): The International Monetary Fund (IMF) on Tuesday, marginally increased India’s growth projections for 2026 and 2027, to 6.5% in both years, even as it downgraded its global growth projection to 3.1% in […]
New York (TIP): Tesla Inc. is said to be working on an all-new smaller and cheaper electric car—a compact SUV—as the company led by the world’s richest person looks to regain the bragging rights of […]
Washington (TIP): The war in the Middle East will have a cascading impact on the global economy, even if a ceasefire announced by U.S. President Donald Trump takes hold, World Bank President Ajay Banga told […]
NEW DELHI (TIP): Crude oil prices may have eased from recent highs following a temporary US-Iran ceasefire, but the relief is deceptive. The recent spike was not just a reaction to geopolitical headlines. It reflected […]
washington (TIP): The World Bank, ‘International Monetary Fund (IMF) and International Energy Agency (IEA) have set up a coordination group to “maximize” the response to energy shocks and economic disruptions triggered by the West Asia […]
New Delhi (TIP): The government has exempted import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the West Asia war. The duty exemption, […]
Mumbai (TIP): The rupee staged a sharp recovery on Thursday after the Reserve Bank of India (RBI) rolled out a fresh set of forex restrictions aimed at curbing speculation, but market participants believe that the […]
Vienna (TIP): Global oil prices surged as geopolitical tensions between the United States and Iran deepened, clouding the outlook for diplomatic engagement and heightening concerns over potential disruptions in the Strait of Hormuz-the world’s most […]
New Delhi (TIP): Gold prices climbed Rs 5,091 to Rs 1.44 lakh per 10 grams in futures trade on March 26 amid strong global trends and a weak US dollar. On the Multi Commodity Exchange, […]
New Delhi (TIP): S&P Global Ratings has raised India’s GDP growth to 7.1 percent in the fiscal year ending in March 2027, compared with 7.6 per cent in fiscal 2026. The key drivers of GDP […]
New York (TIP): The Federal Reserve held interest rates steady and projected higher inflation, steady unemployment and only a single reduction in borrowing costs this year as officials took stock of economic risks from the […]
Apple is on pace to surpass $1 billion in artificial-intelligence revenue this year, a tidy sum that demonstrates the company’s AI advantage even as it struggles to deliver an AI strategy of its own. Its […]
New Delhi (TIP): The Reserve Bank of India’s recent defence of the rupee vs dollar is weighing on the nation’s foreign exchange reserves, prompting calls from some analysts to scale back future intervention. India’s forex […]
New Delhi (TIP): The US-Israel war with Iran has made startlingly clear how much the world relies on energy from the Gulf region. Since the conflict began, the price of oil has soared and is […]
Mumbai (TIP): India plans to unveil a more than 1 trillion rupee ($10.8 billion) fund aimed at bolstering domestic chipmaking, advancing its ambitious bid to become a global manufacturing hub. The fund, which will provide […]
Mumbai (TIP): India’s inflation rate rose in February even before the full impact of the Iran war shows on the world’s fourth largest economy. However, it’s still below the RBI’s inflation target. The Consumer Price […]
New Delhi (TIP): The Enforcement Directorate (ED) on Wednesday said it has attached Reliance Group chairman Anil Ambani’s Mumbai house, ‘Abode’, worth Rs 3,716 crore under the anti-money laundering law. The attachment comes a day […]
The US has imposed a hefty 126 per cent preliminary duty on solar imports from India, alleging that the products are being unfairly subsidised by New Delhi. The move, which is expected to benefit US […]
New York (TIP): US stocks drifted lower on Thursday, February 26, as a selloff in Nvidia weighed on the broader market, even as most shares posted gains. The S&P 500 fell 0.6 per cent, extending […]
Ahmedabad (TIP): The Adani Group has announced one of the world’s largest integrated energy-compute commitments, a direct investment of $100 billion to develop renewable-energy-powered, hyperscale AI-ready data centres by 2035. The initiative will establish a […]
New York (TIP): The average long-term U.S. mortgage rate slipped this week to its lowest level in more than three years, but remains around 6% in the same narrow range it has been in this […]
For most of human history, Earth was the only known example of a habitable world. Even after astronomers discovered planets orbiting other stars in the 1990s, those early finds were often bizarre: giant gas planets […]
Gold suffered its biggest slide in four decades and silver posted a record intraday decline in a stark reversal of the rally that lifted prices to all-time highs. Gold fell more than 12 percent to […]
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