Singapore Airlines (SIA) said on Thursday, October 13, it was in talks with Tata Group about a potential merger of Vistara, their joint venture airline, with Air India to give the Singaporean carrier a bigger […]
A key gauge of US consumer prices advanced to a 40-year high in September, underscoring persistent, elevated inflation that’s squeezing households and pushing the Federal Reserve toward another aggressive rate hike. A total of 142 […]
Tesla CEO Elon Musk is being investigated in connection with his $44 billion acquisition of Twitter, the microblogging site said in a court filing on Thursday. The lawyers on behalf of social media company wrote […]
India’s debt ratio is projected at 84 per cent of its GDP by the end of 2022, which is higher than many emerging economies, but its debt is a little bit easier to sustain, a […]
Vinod Khosla, Romesh Wadhwani and Rakesh Gangwal made it to the Forbes 2022 list. Indian-Americans Vinod Khosla, Romesh Wadhwani and Rakesh Gangwal made it to the Forbes 2022 list of 400 wealthiest Americans with Zscaler […]
A United Nations agency warned on Monday of the risk of a monetary policy-induced global recession that would have especially serious consequences for developing countries and called for a new strategy. “Excessive monetary tightening could […]
Global recession can be avoided if governments’ fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into recession next year, the International Monetary Fund’s managing director Kristalina Georgieva said. […]
Elon Musk is proposing to buy Twitter Inc. for the original offer price of $54.20 a share, potentially avoiding a courtroom fight over one of the most contentious acquisitions in recent history. Musk made the […]
India climbed six notches to 40th position in the Global Innovation Index 2022 on account of improvement in several parameters, according to a report by the Geneva-based World Intellectual Property Organization (WIPO). Switzerland, the United […]
A global recession is becoming increasingly likely due to stubbornly high inflation and real wages continuing to fall, the World Economic Forum said on Wednesday citing a survey of chief economists from across the world. […]
India’s external debt has risen by 7.1% to $617.1 billion in June 2022 as against $575.3 billion during the corresponding period last year, according to data released by the Reserve Bank of India (RBI). Compared […]
S&P Global Ratings on Thursday , September 29, said rising rates and increased European energy insecurity are hitting growth in almost every country, but India with an estimated 7.3% growth this fiscal, would be the […]
The global economy may face a recession next year caused by an aggressive wave of policy tightening that could yet prove inadequate to temper inflation, the World Bank said in a new report. Policy makers […]
Fitch Ratings on Thursday slashed India’s economic growth forecast for FY23 to 7% from 7.8% projected in June, and said it expects key policy rates of theReserve Bank of India (RBI) to peak in the […]
India’s merchandise trade deficit in August widened to $27.98 billion from $11.71 billion a year earlier, revised data released by the government showed on September 14. India’s merchandise exports rose to $33.92 billion from $33.38 […]
Gautam Adani became the world’s second richest person on September 16 , but only for a brief period. The tycoon surpassed Amazon boss Jeff Bezos and Louis Vuitton’s Bernard Arnault to grab the second spot […]
Equity benchmarks spiralled lower for the third session on the trot on Friday, September 16, in lockstep with a sell-off in overseas markets as investors fretted over the global economy slipping into a recession amid […]
New Delhi (TIP)- Apple’s latest line-up of iPhones will boast better cameras, faster processors, and a longer lasting battery — all at the same prices as last year’s models, despite inflationary pressure that has driven […]
The secret behind Elon Musk’s goal of selling 20 million Tesla’s a year by 2030 lies in its pioneering battery technology. The good news is that by using bigger cells and a new process to […]
US tech companies that receive federal funding will be barred from building “advanced technology” facilities in China for 10 years, the Biden administration has said. The guidelines were unveiled as part of a $50bn (£43bn) […]
Europe’s currency slumped to a 20-year low against the dollar as regional energy prices surged after Russia’s Gazprom halted its key gas pipeline indefinitely. Gold remained steady even as the crisis in Europe drove investors […]
Billionaire businessman Gautam Adani today sought more collaboration between India and the US on healthcare, defence and cyber technologies while announcing that his group will build three giga factories for manufacturing solar modules, wind turbines […]
The country’s largest airline IndiGo and British carrier Virgin Atlantic on Wednesday announced a codeshare agreement. Under the pact, Virgin Atlantic will be allowed to sell seats to passengers connecting onto IndiGo flights. Under the […]
Adani Group’s chairman Gautam Adani is now the world’s third-richest person after overtaking France’s Bernard Arnault according to Bloomberg Billionaires Index. With a total net worth of $137.4 billion, 60-year-old Adani has surpassed the wealth […]
New York (TIP)- U.S. Federal Reserve officials on Tuesday reiterated their support for further interest-rate hikes to quell inflation, with the influential chief of the New York Fed saying the central bank will likely need […]
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