New Delhi (TIP)- Indian airline company SpiceJet is going through a highly turbulent phase in recent times on account of several glitches and a non-adherence to mandated guidelines in regards to the training of some […]
Sri Lanka is desperate for help with weathering its worst crisis in recent memory. Its schools are closed for lack of fuel to get kids and teachers to classrooms. Its effort to arrange a bailout […]
Virgin Galactic announced Wednesday that it is partnering with a Boeing subsidiary to manufacture the next generation of the twin-fuselage aircraft used to carry aloft the space tourism company’s rocket ship. Aurora Flight Sciences will […]
New Delhi (TIP)- RBI Governor Shaktikanta Das on Thursday, June 30, said cryptocurrencies are a clear danger to the financial systems and asked the people to be cautious about the emerging risks in this regard. […]
WASHINGTON (TIP)- The U.S. economy contracted slightly more than previously estimated in the first quarter as the trade deficit widened to a record high and a resurgence in COVID-19 infections curbed spending on services like […]
Already reeling under high inflation, the common man is likely to suffer more with the GST Council deciding to increase rates on some products and services, besides bringing more items under its ambit. Come July […]
New York (TIP)- Twitter‘s board of directors has recommended that shareholders approve its proposed $44-billion sale to Tesla CEO Elon Musk, according to a regulatory filing Tuesday. It comes days after Musk in a letter […]
LONDON/TOKYO (TIP)- Manufacturing growth is slowing from Asia to Europe as China’s Covid-19 curbs and Russia’s invasion of Ukraine disrupt supply chains, while the growing risk of a recession in the United States poses a […]
Britain’s inflation rate hit 9.1% in May, a new 40-year high and up slightly on the previous month. The Office for National Statistics said on Wednesday consumer price inflation rose slightly from 9% in April, […]
Kellogg Co, the maker of Frosted Flakes, Rice Krispies and Eggo, will split into three companies focused on cereals, snacks and plant-based foods. Kellogg’s which also owns MorningStar Farms, the plant-based food maker, said Tuesday, […]
Mumbai (TIP)- Governor Shaktikanta Das on Friday, June 17, refuted criticism of the RBI being behind the curve in its policies, making it clear that the consequences of focusing on the 4% inflation target would […]
Geneva (TIP)- In a landmark decision, more than 160 member countries of the World Trade Organization on Friday, June 17, agreed on deals curbing harmful fishing subsidies, waiving COVID-19 vaccine patents temporarily and tackling food […]
SpaceX, the rocket ship company run by Tesla CEO Elon Musk, has fired several employees involved in an open letter that blasted the colorful billionaire for his behavior, according to media reports.The reports published Friday, […]
India’s foreign exchange reserves for the week that ended on June 10, 2022, declined by $4.59 billion to $596.46 billion, Reserve Bank of India (RBI) data showed on Friday, June 17. The previous week that […]
Mumbai (TIP)- The Reserve Bank of India (RBI) on Wednesday, June 8, hiked the policy repo rate by 50 basis points to 4.9 per cent and raised the inflation projection for the current financial year […]
German carmaker Mercedes-Benz is recalling nearly one million older vehicles worldwide due to a potential problem with the braking system, the federal transport authority (KBA) said. The KBA said in a statement dated June 1 […]
Canada said on Tuesday it was imposing new sanctions on Russia, banning export of 28 services, such as accounting and advertising, that are needed for the operation of Russian oil, gas and chemical industries. Canada’s […]
The World Bank, on Tuesday, June 7, cut India’s economic growth forecast for the current fiscal to 7.5 per cent as rising inflation, supply chain disruptions and geopolitical tensions taper recovery. This is the second […]
New Delhi (TIP)- India’s economic growth or GDP slipped to 4.1 per cent in the fourth quarter of 2021-22, while annual growth stood at 8.7 per cent, according to the government data released on Tuesday. […]
CHENNAI (TIP)- With the deadline for winding up operations nearing and with no ray of hope of another company taking over the unit, workers at Ford’s Chennai car plant have started a protest demanding better […]
GST revenue bucked the two-month rising trend in May and stood at nearly Rs 1.41 lakh crore, registering a year-on-year increase of 44%. Though the May Goods and Services Tax (GST) revenue came in lower […]
The homegrown automaker, Tata Motors has become the 2nd largest carmaker in the month of May 2022. Tata Motors sold 43,341 cars last month, while Hyundai’s total domestic sales for the month of May 2022 […]
CHENNAI (TIP): With the deadline for winding up operations nearing and with no ray of hope of another company taking over the unit, workers at Ford’s Chennai car plant have started a protest demanding better […]
British clothing-to-food retailer Marks and Spencer on Wednesday announced a full exit from Russia following the country’s invasion of Ukraine. After halting product shipments to Russia at the start of March, Marks and Spencer said […]
The total revenue implication of the excise duty cuts is seen at Rs 2.2 lakh crore a year. This, coupled with an additional outgo of Rs 1.1 lakh crore on account of fertiliser subsidies, is […]
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