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HomeBusiness & Economics

Business & Economics

Elon
Business & Economics

Elon Musk to join Twitter Board after buying 9.2% stake

Apr 10, 2022 - 4:27 am EDT @theindpanorama 1

Elon Musk is joining Twitter’s Board of Directors a day after disclosing that the Tesla CEO took 9.2% stake in the social media platform. Twitter Inc. said in a regulatory filing on Tuesday that it […]

India
Business & Economics

India to grow at 7.5% in current fiscal: ADB

Apr 10, 2022 - 4:27 am EDT @theindpanorama 0

India is likely to maintain its position as the fastest-growing major economy with the ADB outlook projecting a growth rate of 7.5% for 2022-23 on strong investment prospects against 5% for China in January-December 2022. […]

L’Oréal
Business & Economics

L’Oréal founder’s granddaughter is world’s richest woman

Apr 10, 2022 - 4:20 am EDT @theindpanorama 0

New Delhi (TIP)- Francoise Bettencourt Meyers, cosmetics giant L’Oréal’s founder’s granddaughter, is the richest woman in the world – with a net worth of $74.8 billion – according to business publication Forbes’ 2022 list of […]

Jet
Business & Economics

Jet Airways coming back with hybrid of premium and no-frills services model

Apr 10, 2022 - 4:19 am EDT @theindpanorama 0

Mumbai/New Delhi (TIP)- Jet Airways India Ltd., which is undergoing a court-monitored restructuring, plans to return with a hybrid of premium and no-frills services that would allow the former top local airline to claw back […]

No Picture
Business & Economics

Debt trustees of SBI, Axis, IDBI under CCI scanner

Apr 10, 2022 - 4:16 am EDT @theindpanorama 0

New Delhi (TIP)- Antitrust body Competition Commission of India (CCI) is investigating the trustee units of State Bank of India, Axis Bank and IDBI Bank for suspected collusion on fees, triggering a lawsuit by a […]

I-T Dept
Business & Economics

I-T Dept raids multiple premises of Hero MotoCorp, CEO Pawan Munjal

Mar 28, 2022 - 10:26 am EDT @theindpanorama 0

New Delhi (TIP)- The Income Tax Department on Wednesday, March 23,  raided multiple premises linked to Hero MotoCorp Chairman Pawan Munjal and other top executives of the company amid allegations of tax evasion. Sources said […]

No Picture
Business & Economics

Asian shares struggle, oil edges lower as Ukraine worries linger

Mar 28, 2022 - 10:25 am EDT @theindpanorama 0

BEIJING (TIP)- Asian shares were volatile on Thursday, March 23,  and oil prices turned lower as the latest developments in the Ukraine war and more hawkish comments from U.S. Federal Reserve officials left investors uneasy. […]

No Picture
Business & Economics

ANZ becomes first Australian bank to mint stablecoin

Mar 28, 2022 - 10:25 am EDT @theindpanorama 0

Australia and New Zealand Banking Group said on Thursday it carried out an Australian dollar stablecoin payment, in a landmark transaction to become the first Australian lender to mint a digital asset linked to the […]

Fitch
Business & Economics

Fitch cuts India’s growth forecast to 8.5% on high oil prices, inflation

Mar 28, 2022 - 10:23 am EDT @theindpanorama 0

Rating agency Fitch on Tuesday , March 22, slashed India’s growth forecast for the next fiscal to 8.5% from 10.3%, citing soaring energy prices and rising inflation on account of the Russia-Ukraine war. It has […]

India
Business & Economics

India crosses $ 400 bn milestone in exports

Mar 28, 2022 - 10:18 am EDT @theindpanorama 2

New Delhi (TIP)- The country’s exports for the first time crossed the USD 400 billion mark in a fiscal on healthy performance by sectors such as petroleum products, engineering, gems and jewellery, and chemicals, according […]

Intel India receive awrad
Business & Economics

Intel India VPs Receive Award on Behalf of CEO& EVP

Mar 26, 2022 - 2:56 am EDT @theindpanorama 1

By Brian Grim, RFBF President BENGALURU (TIP): Intel Corporation’s CEO Pat Gelsinger and EVP Sandra Rivera received the 2021 Global Business & Interfaith Peace Gold Medal for their work in making Intel’s workplaces worldwide inclusive […]

SC
Business & Economics

SC dismisses former Fortis promoter Shivinder Mohan Singh’s bail plea

Mar 19, 2022 - 7:43 am EDT @theindpanorama 0

The Supreme Court on Wednesday dismissed an interim bail plea of former Fortis promoter Shivinder Mohan Singh — accused of misappropriating Rs 2,397 crore of Religare Finvest Ltd in connivance with others. “We are of […]

Moody’s
Business & Economics

Moody’s slashes 2022 India growth estimate to 9.1%

Mar 19, 2022 - 7:43 am EDT @theindpanorama 1

Moody’s on Thursday, March  16,  slashed India’s growth estimate for the current year to 9.1 per cent, from 9.5 per cent earlier, saying high fuel and fertiliser import bill could limit the government’s capital expenditure. […]

US
Business & Economics

US Federal Reserve hikes rates, signals aggressive turn against inflation

Mar 19, 2022 - 7:42 am EDT @theindpanorama 0

Washington (TIP)-The Federal Reserve on Wednesday, March 16,  raised interest rates by a quarter of a percentage point and projected its policy rate would hit a range between 1.75% and 2% by year’s end in […]

No Picture
Business & Economics

Netflix may soon charge a fee for sharing your account

Mar 19, 2022 - 7:33 am EDT @theindpanorama 1

Popular video streaming platform Netflix is planning to pause password sharing outside a single household by charging users extra for doing so. “While these have been hugely popular, they have also created some confusion about […]

No Picture
Business & Economics

Asian stocks rally strongly as Fed hike, Ukraine talks boost sentiment

Mar 19, 2022 - 7:32 am EDT @theindpanorama 0

Tokyo (TIP)-Japan and Hong Kong led a jump in regional stocks on Thursday, joining a rally on Wall Street overnight as potential risks from Federal Reserve monetary tightening to the Ukraine war and a slowdown […]

UPI123Pay
Business & Economics

UPI123Pay: RBI launches new UPI service for feature phones

Mar 13, 2022 - 8:08 am EDT @theindpanorama 0

Mumbai (TIP)- RBI Governor Shaktikanta Das on Tuesday, March 8,  launched a new service, which will enable over 40 crore feature phone users to undertake digital payments in a secure way. The service christened UPI […]

Apple
Business & Economics

Apple Unveils 5G Versions of iPad Air, Low-End iPhone SE

Mar 13, 2022 - 8:07 am EDT @theindpanorama 2

Apple Inc. introduced 5G versions of its low-end iPhone SE and iPad Air tablet, as well as a redesigned Mac desktop computer and a new processor, kicking off what’s likely to be its biggest year […]

No Picture
Business & Economics

Ukraine war to sully clothes sales from Levi to Ralph Lauren

Mar 13, 2022 - 8:05 am EDT @theindpanorama 0

Levi Strauss and Ralph Lauren are among U.S. apparel brands likely to be worst hit by Russia’s invasion of Ukraine which is again clogging supply chains in Europe where they derive at least a quarter […]

No Picture
Business & Economics

India and US to collaborate on building resilient supply chains: USTR report

Mar 13, 2022 - 8:05 am EDT @theindpanorama 1

Washington (TIP)-As part of its efforts to address the global supply chain crisis, the Joe Biden administration plans “to collaborate with India on building resilient supply chains and promote a transparent rules-based trading system for […]

No Picture
Business & Economics

European gas futures surge 30% as Russia threatens to cut flows

Mar 13, 2022 - 8:05 am EDT @theindpanorama 0

European gas futures jumped as much as 32% after Russia threatened to cut natural gas supplies to Europe via the existing Nord Stream pipeline. In a further deterioration relations between Moscow and the European Union, […]

In
Business & Economics

Investors’ wealth climb Rs 1.99 lakh crore as stocks bounce back

Mar 5, 2022 - 2:42 am EST @theindpanorama 1

New delhi (TIP)-As the equity markets bounced back on Thursday, March 3, after a steep decline in the previous session, investors’ wealth grew by Rs 1,99,397.83 crore in early trade. The BSE benchmark Sensex jumped […]

ca
Business & Economics

Crypto gains currency as Russia-Ukraine conflict escalates

Mar 5, 2022 - 2:42 am EST @theindpanorama 1

New Delhi (TIP)-Although several countries have banned cryptocurrency, the decentralised money has become a mainstream component of the global financial system. This means that it will inevitably become a part of international conflict, for better […]

An
Business & Economics

Ashneer Grover is ‘no longer a founder’ of BharatPe; company can take legal action for ‘spinning lies’

Mar 5, 2022 - 2:40 am EST @theindpanorama 1

New Delhi (TIP)-Payment startup BharatPe has stripped its co-founder Ashneer Grover of all positions for his alleged “misdeeds” and may take further legal actions, including clawing back of some of his shareholding. BharatPe said Grover […]

No Picture
Business & Economics

Oil surges to $111/barrel as Russian supply woes rise

Mar 5, 2022 - 2:36 am EST @theindpanorama 1

London (TIP)-Oil prices surged on Wednesday, March 2,  as supply disruption fears mounted following hefty sanctions on Russian banks amid the intensifying Ukraine conflict, while traders scrambled to seek alternative oil sources in an already […]

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