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HomeBusiness & Economics

Business & Economics

FDI
Business & Economics

FDI flows to India slip 26 per cent in 2021: UN report

Jan 22, 2022 - 8:03 am EST @theindpanorama 1

United Nations (TIP)- Foreign Direct Investment (FDI) flows to India in 2021 were 26 per cent lower, mainly because large M&A deals recorded in 2020 were not repeated, the UN trade body has said. The […]

China
Business & Economics

China cuts lending rates, boosting property firms

Jan 22, 2022 - 8:01 am EST @theindpanorama 1

BEIJING (TIP) : China further reduced bank lending costs Thursday in the latest move to boost its stuttering economy, providing some much-needed support to the country’s beleaguered developers. Property firm shares and bonds surged on […]

India, Tesla
Business & Economics

India, Tesla in ‘weird stalemate’ on tax cut demands with no investment pledge

Jan 22, 2022 - 8:00 am EST @theindpanorama 0

New delhi (TIP)- Tesla is desperate to import and sell its electric vehicles in India and has for nearly a year lobbied officials in New Delhi to reduce tariffs, which the company’s billionaire CEO Elon […]

WB
Business & Economics

WB retains India’s growth forecast at 8.3%

Jan 15, 2022 - 6:22 am EST @theindpanorama 1

New delhi (TIP)- The World Bank has retained India’s economic growth forecast for the current fiscal at 8.3% as the recovery is yet to become broad-based. As per the first advanced estimates of the national […]

Record
Business & Economics

Record US inflation growing concern for Fed, business

Jan 15, 2022 - 6:21 am EST @theindpanorama 1

Washington (TIP)- The scourge of rising costs now ranks amongst American enterprise leaders’ high considerations, in response to a survey launched Thursday, whereas Federal Reserve official indicated the central financial institution is able to transfer […]

Yezdi
Business & Economics

Yezdi makes a comeback

Jan 15, 2022 - 6:20 am EST @theindpanorama 1

Mumbai (TIP)- Classic Legends on Thursday re-launched the iconic motorcycle brand Yezdi in the country with the roll out of three models, priced between Rs 1.98 lakh and Rs 2.09 lakh (ex-showroom Delhi). The company […]

Government
Business & Economics

Government may not run Vodafone Idea, says CEO

Jan 15, 2022 - 6:19 am EST @theindpanorama 1

New delhi (TIP)- After Vodafone Idea’s (VIL) stock crashed as alarmed investors started dumping shares on the news that the Central government could hold its equity, a senior company official said the government may not […]

No Picture
Business & Economics

India, UK aim to finalise FTA agreement by year-end

Jan 15, 2022 - 6:10 am EST @theindpanorama 0

New delhi (TIP)- Britain has made a deal with India one of its post-Brexit priorities as, free from the European Union’s common trade policy, ministers look to gear trade policy towards faster-growing economies around the […]

No Picture
Business & Economics

Xiaomi penalised Rs653 cr for evading import duty

Jan 9, 2022 - 7:43 am EST @theindpanorama 1

New delhi (TIP): Chinese mobile phone giant Xiaomi has been slapped with a demand of Rs 653 crore by the Department of Revenue Intelligence (DRI) for not including royalty payments in the assessable value of […]

Bitcoin
Business & Economics

Bitcoin, Ether near multi-month lows following hawkish fed minutes

Jan 9, 2022 - 7:42 am EST @theindpanorama 0

HONG KONG (TIP)- Bitcoin fell below $43,000 on Thursday, testing multi-month lows after minutes from the Federal Reserve’s last meeting showed it leaning toward more aggressive policy action, which sapped investor appetite for riskier assets. […]

No Picture
Business & Economics

Hughes, Airtel form JV for sat broadband

Jan 9, 2022 - 7:40 am EST @theindpanorama 0

New delhi (TIP)- Hughes Communications India Private Ltd and Bharti Airtel have formed a joint venture to provide satellite broadband services in India, the companies said on Wednesday. The combined India VSAT operations of both […]

No Picture
Business & Economics

Reliance takes 26% stake in delivery firm Dunzo for $200 million

Jan 9, 2022 - 7:39 am EST @theindpanorama 1

New delhi (TIP)- Reliance Industries Ltd’s retail arm has invested $200 million for a 25.8% stake in Indian online delivery platform Dunzo to get a foothold into the rapidly growing market of superfast dispatch of […]

Hira
Business & Economics

Gold to add glitter in 2022 on pandemic woes, strong dollar

Dec 31, 2021 - 9:58 am EST @theindpanorama 0

Mumbai (TIP) : Gold, which lost its sheen to some extent in the second half of 2021, is likely to regain the glitter in the New Year and cross the Rs 55,000-per-10-gram level amid pandemic […]

No Picture
Business & Economics

US lawmakers take a dig at Elon Musk for bragging about paying $11 bn in taxes

Dec 31, 2021 - 9:58 am EST @theindpanorama 3

New York (TIP) : Top US lawmakers, including Indian-American Congresswoman Pramila Jayapal, have criticised Elon Musk, the world’s wealthiest man and Tesla Motors CEO Elon Musk for bragging about paying USD 11 billion in taxes. […]

No Picture
Business & Economics

India’s GDP expected to grow at 9% in FY22, FY23: ICRA

Dec 31, 2021 - 9:58 am EST @theindpanorama 1

New delhi (TIP) : The Indian economy is expected to maintain a real gross domestic product (GDP) growth of 9% in FY22 and FY23 amid the Omicron uncertainty, ratings and research firm Icra Ltd said. […]

buss
Business & Economics

NFTs to Web 3.0: What made 2021 the defining year of cryptocurrency

Dec 31, 2021 - 9:37 am EST @theindpanorama 0

From mainstream acceptance, emergence of new digital coins, to challenging central authorities over the notion of ‘currency’, 2021 will be remembered as the defining year of cryptocurrency across the globe. As the world prepares for […]

bba
Business & Economics

With IPOs galore, primary markets made merry in 2021

Dec 31, 2021 - 9:34 am EST @theindpanorama 0

The year 2021 will surely go down in the history of primary markets as one of the most successful years for initial public offers (IPOs) in India as more than Rs 1.30 lakh crores was […]

hp
Business & Economics

Tech giant HP starts manufacturing laptops, desktops in India

Dec 26, 2021 - 11:45 pm EST @theindpanorama 2

Tech giant HP on Wednesday, Dec 22, said it has started manufacturing of multiple PC products, including laptops, in India. Powering the ‘Make in India’ initiative of the Government of India, HP has started manufacturing […]

it
Business & Economics

I-T raids continue on Chinese mobile firms

Dec 26, 2021 - 11:43 pm EST @theindpanorama 0

With the Income Tax department conducting searches at several premises of Chinese mobile companies across the nation, smartphone brand OPPO said on Wednesday it will continue to cooperate with authorities as per procedure. According to […]

amazon
Business & Economics

Amazon seeks to acquire complete control of Prione

Dec 26, 2021 - 11:37 pm EST @theindpanorama 1

E-commerce major Amazon on Wednesday said it will acquire Prione Business Services — its joint venture firm with Catamaran, subject to requisite regulatory approvals. Prione Business Services was formed in 2014 and was coming up […]

No Picture
Business & Economics

Asian share markets higher despite Omicron threat

Dec 26, 2021 - 11:37 pm EST @theindpanorama 1

Asian sharemarkets were gaining ground on Wednesday, Dec 22,  as the risk appetite of global investors rises heading into year-end, despite the surging number of Omicron variant cases around the world. MSCI’s broadest index of […]

No Picture
Business & Economics

China’s economy slows in November as property slump deepens

Dec 19, 2021 - 7:49 am EST @theindpanorama 1

China’s economy slowed further in November, dragged down by a worsening property market slump and disruptions from repeated Covid outbreaks. Growth in fixed-asset investment eased to 5.2% in the first eleven months of the year. […]

No Picture
Business & Economics

Leena Nair named CEO of French fashion house Chanel

Dec 19, 2021 - 7:48 am EST @theindpanorama 0

French fashion house Chanel named Leena Nair, an executive from Unilever, as its new global CEO on Tuesday, picking a consumer goods veteran to run one of the world’s biggest luxury goods groups. I am […]

Tecq
Business & Economics

Tech giant Apple’s market value closes in on $3 trillion

Dec 19, 2021 - 7:47 am EST @theindpanorama 1

Apple Inc’s market value hovered just shy of the $3 trillion mark on Monday, following a stunning run over the past decade that has turned it into the world’s most valuable company. The stock needs […]

rbi
Business & Economics

RBI brings NBFCs on par with banks in new PCA framework

Dec 19, 2021 - 7:46 am EST @theindpanorama 0

To further strengthen the supervision on non-banking entities (NBFCs), the Reserve Bank on Tuesday, Dec 14,  issued revised guidelines on a Prompt Corrective Action (PCA) framework for such companies, excluding government-owned ones, effective from October […]

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