WASHINGTON/ NEW DELHI (TIP)-In yet another sign of the deepening economic relationship between India and the United States (US), bilateral trade in goods between the two countries crossed the $100 billion mark in 2021, making […]
New delhi (TIP)-A consortium of 27 banks on Thursday, Feb 3, told the Supreme Court the money lent to Future Retail Ltd (FRL) belonged to the depositors and to safeguard the “public interest”, the entire […]
NEW YORK (TIP)- Wall Avenue snapped a four-session successful streak on Thursday, Feb 3, with all three benchmarks ending decrease after Fb-owner Meta Platforms’ dour forecast despatched its inventory plummeting and halted a nascent restoration […]
New delhi (TIP)-The Budget announcement of taxing ‘virtual digital assets’ or crypto currencies will help the Income-Tax Department measure the “depth” of this trade in the country, know the investors and the nature of their […]
New York (TIP)-Mark Zuckerberg lost $29 billion in net worth on Thursday, Feb 3, as Meta Platforms Inc’s stock marked a record one-day plunge, while fellow billionaire Jeff Bezos was set to add $20 billion […]
Alphabet Inc. announced a 20-for-1 stock split in the form of a one-time special stock dividend, aiming to draw a wider audience for its shares. “The reason for the split is it makes our shares […]
New delhi (TIP)-The Indian economy has “some bright spots and a number of very dark stains” and the government should target its spending “carefully” so that there are no huge deficits, noted economist and former […]
Mumbai (TIP)-Snapping its five-session losing streak, equity benchmark Sensex rebounded 367 points on Tuesday, January 25, boosted by strong gains in Maruti, Axis Bank and SBI amid a supportive trend in European equities. The BSE […]
Washington (TIP)-The International Monetary Fund (IMF) has cut India’s economic growth forecast to 9% for the current fiscal year ending March 31, joining a host of agencies which have downgraded their projections on concerns over […]
washington (TIP)- Demand for Microsoft’s cloud-computing services and work software helped boost its quarterly profits by 21% as the pandemic continued to keep many office workers at least partly at home. The Redmond, Washington company […]
New Delhi (TIP)- The government on January 19 approved Rs 1,500 crore for equity infusion in the public sector renewal energy lending company IREDA to enhance its capacity to offer financial support to the industry. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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. […]
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