Taipei (TIP)- The United States remains the top debtor of Taiwan banks for the 41st straight quarter. This means the U.S. owes more money to Taiwanese banks than any other country. According to a report […]
Adani Group plans to invest Rs 1.8 lakh crore next year in defence manufacturing, with a focus on strengthening capabilities in unmanned and autonomous systems as well as advanced guided weapons as it looks to […]
Marietta(TIP)- As India prepares to procure up to 80 military transport planes, US aerospace major Lockheed Martin has pitched its C-130J Super Hercules as the best choice and said the aircraft will provide it a […]
New Delhi (TIP)- The world’s best-performing stock has turned into a warning sign for investors chasing quick gains from the artificial intelligence boom. A little-known Indian company has delivered a stunning 55,000% rise in just […]
New York (TIP)- Warner Bros. Discovery Inc. is planning to reject Paramount Skydance Corp.’s hostile takeover bid due to concerns about financing and other terms, people familiar with the matter said. After deliberating and reviewing […]
The Tatas have invested an additional Rs 1,500 crore in Tata Electronics, according to the company’s latest regulatory filing with the Registrar of Companies, reported The Economic Times. The equity infusion in October takes the […]
New Delhi (TIP)- Amid ongoing tensions over trade, Commerce and Industry Minister Piyush Goyal said on Thursday, Dec 11, that the US should sign the free trade agreement with India on the “dotted lines” if […]
In a year that has already seen global tech heavyweights court India’s growing digital ambitions, Microsoft has gone all in. The Redmond-based technology giant has pledged a staggering $17.5 billion to power India’s AI-first future, […]
New York(TIP)- A Federal Reserve split over where its priorities should lie cut its key interest rate on Dec 10, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” […]
Washington (TIP)- The US government plans to take more equity stakes in critical minerals companies, a White House official said Thursday, Dec 4, calling the once-rare move necessary to counter China’s dominance in the raw […]
New York (TIP)- Fitch Ratings on Thursday, Dec 4, raised India’s GDP (gross domestic product) growth forecast for the current fiscal to 7.4%, from 6.9%, on increased consumer spending and improved sentiment boosted by GST […]
The rupee slumped 28 paise to an all-time low of 90.43 against the US dollar in early trade on Thursday, Dec 3, amid substantial foreign institutional investor outflows and restrained intervention from the Reserve Bank […]
New York (TIP)- While most US official economic data releases have been suspended until recently due to the government shutdown, Goldman Sachs Research’s analysis of alternative measures of US job layoffs suggests the labor market […]
Paris (TIP)- Meta Platforms Inc. is reportedly in talks to spend billions on Google’s Tensor AI chips, which are powering its industry-benchmark Gemini 3 model. Nvidia Corp. shares plunged even as Alphabet Inc.’s shares surged […]
The Union Cabinet has approved a new initiative to scale up manufacturing of sintered rare earth permanent magnets (REPMs), a key component across electric vehicles (EVs), renewable energy and defence. The decision comes at a […]
India and Israel on Thursday, Nov 20, inked terms of reference (ToR) to formally launch negotiations for a free trade agreement, Commerce and Industry Minister Piyush Goyal said. The ToR include market access for goods […]
Mumbai (TIP)- Reliance Industries Limited (RIL) on Thursov 20, said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions. […]
New Delhi (TIP)- India and Canada on Thursday, November 13, held discussions on ways to promote bilateral trade and investments besides advancing collaborations in areas, including supply chain resilience and health sectors. The issues were […]
The U.S. Mint struck the final 1-cent coin that will be used as legal tender on Wednesday, six months after the Trump administration announced that it would stop producing pennies because the cost of making […]
Gold prices surged Rs 3,000 to Rs 1,30,900 per 10 grams in Delhi on November 13, tracking firm global cues and weak dollar, according to the All India Sarafa Association. Traders said the end of […]
Paris (TIP) – The world’s oil market is experiencing a period of imbalance as growing supply outstrips demand despite stronger deliveries to China, the International Energy Agency (IEA) said on Thursday, November 13. In its […]
Gold has been on a winning run, climbing to record highs as investors search for safety in an increasingly unpredictable world. Prices have nearly doubled in the last two years, with the metal averaging 3,665 […]
WASHINGTON/CHICAGO (TIP)- U.S. Transportation Secretary Sean Duffy said on Wednesday that he would order a 10% cut in flights at 40 major U.S. airports, citing air traffic control safety concerns as a government shutdown hit […]
The regulatory net has tightened further around Anil Ambani’s Reliance Group. After ongoing scrutiny by the Enforcement Directorate (ED), Central Bureau of Investigation (CBI) and the Securities and Exchange Board of India (SEBI), the Ministry […]
The foreign exchange reserves declined sharply to $695.36 billion for the week to October 24, losing $6.92 billion from the previous week when it nearly peaked. The week to October 17 saw the reserves rising […]
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