London (TIP)- Inflation in the UK as measured by the consumer prices index eased back to its lowest level in more than two years, official figures showed on December 20, in a development that is […]
Google has agreed to pay $700 million and offered several other concessions to nearly 102 million customers in the US as part of an antitrust payout over fees the tech giant charged through its app […]
The RBI has introduced a Card-on-File (CoF) token facility at the level of banks and other institutions to provide convenience for cardholders to get tokens created and linked to their existing accounts with various e-commerce […]
U.S. business activity picked up in December amid rising orders and demand for workers, which could further help to allay fears of a sharp slowdown in economic growth in the fourth quarter. S&P Global said […]
Washington (TIP)- The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, a sign that it is likely done raising rates after having imposed the fastest string of increases in […]
Technology giant Apple is known to be one of the biggest and most profitable name in the industry. But on Wednesday, December 13, the firm made headlines for making an impact to be remembered on […]
Benchmark equity indices Sensex and Nifty surged to all-time high levels in early trade on Friday, December 15, amid an optimistic trend in global markets after the US Federal Reserve kept its key interest rate […]
India’s wholesale inflation stepped out of the deflationary zone for the first time since March 2023 as it rose to 0.26 percent in November, data released by the commerce ministry on December 14 showed. Wholesale […]
Geneva (TIP) – The airline industry is projected to post a net profit of USD 25.7 billion and revenue at a historic high of USD 964 billion in 2024 as more normal growth is expected […]
Mumbai (TIP)- Benchmark equity indices Sensex and Nifty snapped their seven-day winning streak on Thursday, December 7, due to profit taking by investors after recent sharp gains triggered by negative cues from Asian markets. The […]
Expanding the scope and ambit of the term ‘party’ under the arbitration law, the Supreme Court ruled that arbitration agreements can be binding on non-signatory firms under the ‘group of companies’ doctrine. “The definition of […]
Adani Group has plans to invest $75 billion on energy transition initiatives by 2030, its chairman Gautam Adani said on Wednesday. The investments will boost the group’s vision to have 45 gigawatt of renewable energy […]
Global Ratings agency S&P said India will be the world’s third-largest economy by 2030, but a major test for the country would be to unlock the ‘immense opportunity’ and become the next big global manufacturing […]
New York (TIP) -In a profanity-laced outburst, Elon Musk has slammed advertisers that have left X, warning they will kill the social media platform. At an event in New York, he accused companies that have […]
New Delhi (TIP)- India’s gross domestic product (GDP) for the second quarter of the ongoing financial year accelerated to 7.6 per cent year-on-year, showed data shared by the Ministry of Statistics and Programme Implementation on […]
The average long-term U.S. mortgage rate fell for the fifth week in a row, more good news for prospective homebuyers grappling with an increasingly unaffordable housing market. The latest decline brought the average rate on […]
Alipay Singapore Holding, an arm of Chinese e-commerce giant Alibaba, on Wednesday divested its entire 3.44% stake in food delivery aggregator Zomato for Rs 3,337 crore through open market transactions. ICICI Prudential Life Insurance Company, […]
New Delhi (TIP)- The Supreme Court on Friday, November 24, observed that the Hindenburg Research report should not be treated as a statement of truth. While hearing petitioners plea on the factual revelations made in […]
Beijing (TIP) – Any step by China to allow banks to provide unsecured loans to eligible developers “would be a risky move” for the lenders, JPMorgan Chase & Co has said. Such a measure “would […]
The government will struggle to raise even half the proceeds it had targeted from planned sales of state-run firms this year and will miss divestment targets for the fifth straight year, sources said, as elections […]
Billionaire Warren Buffet-backed Berkshire Hathaway Inc on Friday, November 24, divested its entire 2.46% stake in Paytm’s parent company One97 Communications for Rs 1,371 crore through an open market transaction. Berkshire Hathaway Inc through its […]
New Delhi (TIP)- India’s merchandise exports rose 6.21 per cent to USD 33.57 billion in October this year, even as the trade deficit touched a record high of USD 31.46 billion during the month, government […]
Beijing (TIP)- Chinese e-commerce giant Alibaba said Thursday, November 16, it was cancelling a planned cloud service spinoff announced this year over US chip restrictions, as it reported results for the third quarter of 2023 […]
Sebi chairperson Madhabi Puri Buch on Thursday, November 16, said the Sahara matter will continue for the capital markets regulator even after the death of the group’s founder Subrata Roy. Speaking to reporters on the […]
The entertainment unit of India’s Reliance has signed a deal with The Pokemon Company to show children’s shows and movies on its platform, two people with knowledge of the deal said, its latest bid to […]
© The Indian Panorama