New Delhi (TIP)- JPMorgan is to include Indian government bonds in its widely tracked emerging market debt index which may cause billions of dollars of inflows into India. As per reports, quoting JPMorgan, India’s local […]
New York (TIP)- The Federal Reserve left the main U.S. interest rate unchanged Wednesday, September 20, waiting to see if its historic series of rate hikes over the last 18 months gets inflation under control. […]
The central government on Thursday, September 21, said there is no distress among common households after a RBI report said the net financial savings of households have crashed to a nearly five-decade low of 5.1 […]
The RBI on Thursday, September 21, issued a new draft on action against wilful defaulters that includes publishing their photographs and broadening the definition of wilful defaulters as someone who has an outstanding amount of […]
New Delhi (TIP)- The Reserve Bank of India (RBI) on Wednesday, September 13, said regulated entities have to release original property documents to retail loan borrowers within 30 days of full repayment, and any delay […]
Retail inflation declined to 6.83% in August after touching a 15-month high of 7.44% in July, mainly due to softening prices of vegetables, but still remains above the Reserve Bank’s comfort zone. The overall inflation […]
A French government watchdog agency ordered Apple to withdraw the iPhone 12 from the market, saying it emits levels of electromagnetic radiation that are too high. The National Frequency Agency, which oversees radio-electric frequencies as […]
NTPC Ltd, India’s largest integrated power utility, has forged a significant partnership with Apollo Hospitals, reaffirming its steadfast commitment to the health and well-being of its workforce. In a remarkable leap forward towards enhancing healthcare […]
New Delhi (TIP)- The Government on Wednesday, September 6, approved Rs 3,760 crore for viability gap funding of up to 40 per cent of total capital cost to set up 4,000 MWh battery energy storage […]
Tata Group’s consumer unit is in talks to buy at least 51% of popular Indian snack food maker Haldiram’s but is not comfortable with the $10 billion valuation sought, two people briefed on the matter […]
New York (TIP)- The U.S. Commerce Department should end all technology exports to Huawei and China’s top semiconductor firm following the discovery of new chips in Huawei phones that may violate trade restrictions, the chair […]
New Delhi (TIP)- India remained fastest growing major economy of the world in first quarter of the current financial year. India’s gross domestic product (GDP) rose at 7.8 per cent in first quarter of current […]
New York (TIP)- China’s commerce minister urged Chinese companies investing in the US to be given “equal treatment” and called US tariffs on Chinese imports “discriminatory”, when he met US Commerce Secretary Gina Raimondo this […]
UBS Group embarked on a sweeping plan to cut more than $10 billion in costs, saying on Thursday it will axe 3,000 jobs in Switzerland alone after it took over its stricken rival Credit Suisse. […]
Japanese conglomerate Softbank on Wednesday, August 30, divested a 1.16% stake in online food ordering company Zomato for Rs 947 crore through an open market transaction. Softbank through its affiliate SVF Growth (Singapore) Pte offloaded […]
London (TIP)- Global subsidies for fossil fuels rose by $2 trillion over the past two years to reach a record $7 trillion in 2022, according to new estimates from the International Monetary Fund. The soaring […]
New York (TIP)- Subway said it will be sold to Roark Capital, a private equity firm with expertise in restaurant management that could help the sandwich chain expand and improve its stores. Terms of the […]
Finance Secretary TV Somanathan on Thursday, August 24, said India will continue to clock the highest growth rate among the top five economies in the world in the foreseeable future and asked Indian diaspora to […]
India is expected to ban mills from exporting sugar in the next season beginning October, halting shipments for the first time in seven years, as a lack of rain has cut cane yields, three government […]
In another push to its India manufacturing dream, Apple iPhone maker Foxconn is all geared up to start the local production of the next-generation of iPhone 15 at its Sriperumbudur facility near Tamil Nadu faster […]
Indian economy is gathering momentum in the second quarter, though inflation would continue to average above the central bank’s comfort zone of 6%, said an article in the RBI’s monthly bulletin released on Thursday, August […]
New York (TIP)- The number of Americans filing new claims for unemployment benefits fell last week, pointing to a still tight labor market. Initial claims for state unemployment benefits dropped 11,000 to a seasonally adjusted […]
New York (TIP)- China Evergrande Group, the real estate giant whose default two years ago accelerated a broader property debt crisis in the country, sought Chapter 15 bankruptcy protection in New York on Thursday, August […]
New York (TIP)- Moody’s cut credit ratings of several small to mid-sized U.S. banks on Monday and said it may downgrade some of the nation’s biggest lenders, warning that the sector’s credit strength will likely […]
New Delhi (TIP)- Air India on Thursday, August 10, unveiled a new brand identity and aircraft livery as the airline moves ahead with its transformation plan since being taken over by Tata Group more than […]
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