New Delhi (TIP) – India’s diesel exports to Europe jumped an astonishing 137% year-on-year in August—soaring to 242,000 barrels per day, as European buyers scramble to stock up ahead of an EU ban on fuels […]
New Delhi (TIP)- India’s first “Made in India” semiconductor chip will roll out of CG Semi’s plant in Sanand, Gujarat, IT minister Ashwini Vaishnaw announced on Thursday, Aug 28. The minister made the disclosure during […]
The Appointments Committee (ACC) of the Cabinet has approved the appointment of former RBI Governor and economist Urjit Patel to the post of Executive Director at the International Monetary Fund (IMF) for a period of […]
Lord Swraj Paul, NRI industrialist and founder of UK-based Caparo Group, has died in London, family sources said. He was 94. Paul had taken ill and was hospitalised recently, where he died surrounded by members […]
The rupee pared initial gains and settled for the day lower by 18 paise at 87.25 (provisional) against US dollar on August 21, on a strong American currency and a recovery in crude oil prices. […]
Washington (TIP)- The United States and European Union say they’ve agreed on the details of a trade deal that would keep tariffs high for now on European vehicles and lower them on computer chips, but […]
Bitcoin hit a record high on Thursday, Aug 14, during early Asian trading, surpassing $124,000, driven by favourable US legislation and a rise in US equities. The cryptocurrency rose above its previous July record, briefly […]
S&P on August 14 upgraded India’s sovereign credit rating to ‘BBB’ with a stable outlook after over 18 years, citing robust economic growth, political commitment for fiscal consolidation and ‘conducive’ monetary policy to check inflation. […]
Washington (TIP)- The US government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers, the AP reported. The $37 […]
New Delhi (TIP)- India’s trade ties with the United States were jolted this week after President Donald Trump imposed a blanket 25% tariff on all Indian exports, citing unfair trade barriers and deepening defence and […]
Toyota Motor Corp. saw record global sales during the first half of 2025 as strong demand for hybrid vehicles in core markets helped offset headwinds from President Donald Trump’s tariffs on cars imported to the […]
Washington (TIP)- The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) has kept interest rates unchanged at 4.25 percent to 4.5 percent in the July 29-30 meeting for the fifth straight session. The central bank […]
New York (TIP)- Elon Musk warned of difficult times ahead for Tesla Inc. after one of the automaker’s worst quarters in over a decade. Tesla will be a transition period for the next year or […]
The Enforcement Directorate on Thursday, July 24, carried out a large search operation across over 35 locations in connection with a money laundering investigation into Reliance Anil Ambani Group Companies (RAAGA Companies). The search operation […]
New Delhi (TIP)- India’s domestic economy held steady in June and July, showing resilience amid global macroeconomic uncertainty driven by geopolitical tensions and trade-related risks, the Reserve Bank of India said in its latest monthly […]
New Delhi (TIP) – The Indo-US trade deal is progressing as per the terms of reference decided between the two countries, commerce ministry officials said on Tuesday. Giving an update on the negotiations, the ministry […]
Reliance Industries announced on Friday, July 18, that its arm, Reliance Retail, has acquired home appliance brand Kelvinator to grow its presence in the booming consumer durables market, reported The Economic Times. Reliance did not […]
India has initiated investigations into an unusual spike in a month in imports of over a dozen products from countries including China, Malaysia, Indonesia, Bangladesh and Nepal, even as the world witnesses large-scale trade diversion […]
Mumbai (TIP)- ELON MUSK’S Tesla, the global electric vehicle (EV) giant, made its official entry into India July 15, launching its first showroom in Mumbai and showcasing its Model Y SUV. Inaugurating the showroom in […]
New Delhi (TIP)- The proposed 50% import duty on copper by US President Donald Trump is expected to have minimal impact on India due to its limited exports to America. Hindalco, the nation’s largest copper […]
New Delhi (TIP)- Elon Musk-owned Starlink has received the last remaining regulatory clearance from the government, paving the way for the company to start offering satcom services in India. In May, the company had received […]
Chipmaker Nvidia became the first public company to top $4 trillion in value after a two-year investor frenzy driven by the artificial intelligence boom. Nvidia shares rose 2.5% in early trading Wednesday, topping $164 each. […]
washington (TIP)- Nvidia NVDA.O was on track to become the most valuable company in history on Thursday, July 3, with the chipmaker’s market capitalisation reaching $3.92 trillion as Wall Street doubled down on optimism about […]
Washington (TIP)- Asian markets showed mixed movement on Friday, July 4, as investors treaded carefully ahead of a looming US tariff deadline set by President Donald Trump. The uncertainty overshadowed positive cues from Wall Street, […]
Propelling its robust performance in the current year, BMW Group India has posted its highest-ever car deliveries in H1 2025. The company sold 7,774 BMW and MINI cars and 2,569 motorcycles between January to June […]
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