Cryptocurrency Bitcoin on Thursday, Feb 29, surpassed $60,000 for the first time in more than two years. The jump comes amid surging optimism that demand for the token is widening beyond committed digital-asset enthusiasts, according […]
New Delhi (TIP)- Mukesh Ambani-led Reliance Industries and Walt Disney India’s merger could attract antitrust scrutiny, experts have predicted. The Reliance-Disney merger is set to create India’s biggest TV player with over 120 channels. The […]
New Delhi (TIP)- Google on Friday, March 1, began removing some apps, including popular matrimony apps, from its Play Store in India over a dispute on service fee payments. Google said that 10 companies in […]
Gross Goods and Services Tax (GST) revenue collected for February was Rs 1.68 lakh crore, a 12.5% increase compared to that in the same month last year. This growth was driven by a 13.9% rise […]
Nvidia added $277 billion in stock market value on Thursday, Feb 24, Wall Street’s largest one-day gain in history after the heavyweight chipmaker’s quarterly report beat expectations and reignited a rally fueled by optimism about […]
More than 60 percent of shareholders of edutech Byju’s on Fedb 23 voted for removal of founder CEO Byju Raveendran and his family over alleged “mismanagement and failures” at what was once India’s hottest tech […]
Chartered accountants (CAs) from the UK and Canada might be allowed to practise in India on a reciprocal basis, with the apex body ICAI making the proposal to the government. ICAI President Ranjeet Kumar Agarwal […]
Global anti-money laundering watchdog the Financial Action Task Force (FATF) said Friday that it had removed the United Arab Emirates from its “grey list” of countries subject to increased monitoring, while Kenya and Namibia were […]
Walmart has sourced goods worth over USD 30 billion from the Indian market in the last two decades for its global operations, a company official said on Tuesday. Now the Bentonville-headquartered firm has a goal […]
The US economy managed to shake off Wall Street’s gloomy forecasts and dodge a long-predicted slump last year — but the same can’t be said for two other members of the G7. Japan and the […]
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 […]
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