The Reserve Bank on Feb 15 asked card network Visa to stop making payments through intermediaries to entities which do not accept card payments, saying a large amount of funds are involved in the activity […]
Wall Street banks are ramping up efforts to attract new business in India, as billions are set to flow into the country’s trillion-dollar sovereign debt market following the inclusion of nation’s bonds in global debt […]
Mumbai (TIP)- The Reserve Bank of India on Thursday, Feb 8, decided to keep policy rate unchanged for the sixth time in a row as it maintains a tight vigil on inflation. The rate increase […]
Airtel Payments Bank has experienced a remarkable surge in new customers applying online for various services, including bank account openings and FASTags, over the past few days, according to its chief executive officer Anubrata Biswas, […]
Oil prices edged higher on Thursday, Feb 1, boosted by the U.S. Federal Reserve signalling a possible start to interest rate cuts in coming months. Brent crude futures were up 61 cents at $81.16 a […]
New Delhi (TIP)- India Inc welcomed the Interim Budget but regretted the absence of any big bang announcement. Even though the government failed to present the Medium-term Expenditure Framework Statement, which charts the economic trajectory […]
British manufacturing started 2024 on a weak footing, recording an 18th consecutive month of contraction as orders fell and disruption to Red Sea shipping delayed deliveries, a survey showed on Thursday, February 1. The S&P […]
London (TIP)- Shares in Tesla plunged as much as 11% after the market opened Thursday, wiping $73 billion off the company’s market value hours after it warned of slowing growth in electric car sales and […]
New Delhi (TIP)- Finance Minister Nirmala Sitharaman on Thursday, January 25, said the government and the Reserve Bank of India are actively engaged in improving the central bank digital currency (CBDC) so that it can […]
The US Federal Trade Commission (FTC) has issued orders to five Big Tech companies, including Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOGL), requiring them to provide information regarding recent investments and partnerships involving generative AI companies like […]
Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit — and threatening to halt a slowdown in food inflation that brought some relief to strained consumers. Vessels loaded […]
Apple ended Samsung Electronics’ 12-year run as the largest seller of smartphones in the world, after commanding a 20% market share in 2023, according to a report from International Data Corp. Samsung ended the year […]
India’s Akasa Air said on Thursday, January 18, it had ordered 150 Boeing 737 MAX narrowbody planes, showcasing its confidence in the troubled planemaker as the budget carrier seeks to fly to more destinations at […]
Microsoft claimed the top spot as the world’s most valuable company, edging past Apple, whose shares faced a sluggish start in 2024 due to mounting worries about demand. Microsoft’s shares, fuelled by its early lead […]
New York (TIP)- Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve’s drive to slow inflation to its 2% target will likely remain a bumpy one. January […]
Mumbai (TIP)- The US may have green-lighted exchange-traded funds (ETFs) in bitcoin, but for India’s apex banking regulator, cryptocurrencies remain a strict no-no. “The way we look at crypto remains unchanged, irrespective of who does […]
United Nations (TIP)- India is projected to grow at 6.2 per cent in 2024, supported by robust domestic demand and strong growth in the manufacturing and services sectors, the United Nations has said. The UN […]
New York (TIP) – The top U.S. securities regulator has ruled that Apple and Disney cannot avoid shareholder votes about the use of artificial intelligence proposed by a labor group. In a January 3 notice, […]
Mukesh Ambani’s Reliance Industries and Walt Disney have appointed law firms and started antitrust due diligence of their planned Indian media and entertainment merger, four people familiar with the matter said. Reliance has appointed law […]
Gautam Adani, Chairperson of the Adani Group of companies has overtaken Reliance Industries Chairman Mukesh Ambani on the Bloomberg Billionaire’s Index (BBI), to become India’s and Asia’s richest man. While Adani has seen his worth […]
Mumbai (TIP)- The Reserve Bank of India has upgraded the weightage of SBI and HDFC Bank on its list of three Domestic Systemically Important Banks (D-SIBs) for 2023 which includes ICICI Bank as well. The […]
Tokyo (TIP) – Oil prices rose in early Asian trade on Thursday, December 28, as persistent fears over escalating tensions in the Middle East outweighed easing concerns about transport disruptions as some global shipping firms […]
Already among the world’s richest people, ex-Microsoft CEO Steve Ballmer is now set to receive nearly $1 billion (approx. ?8300 crore) in dividends from his former employer, ‘for doing nothing,’ according to CNN. Microsoft’s 30th […]
Facing a third year of decline, the global PC industry outlook for 2024 does not look optimistic and its revenue is expected to drop by $1.3 billion, pushing the total three-year loss to almost $11 […]
If two of the latest Apple Watches are on your holiday shopping list, don’t dawdle for much longer because the devices won’t be available to buy in the US later this week if the White […]
© The Indian Panorama