The U.S., European Union and Japan will announce Wednesday they will renew their trilateral partnership to address the challenges posed by the non-market policies and practices of countries such as China, according to two people […]
Apple will now allow users to carry out Do-It-Yourself (DIY) repairs on certain iPhone and Mac computers. It starts sometime next year with the new Self Service Repair option, which will roll out in the […]
Numerous macro indicators suggest that the economic recovery is now taking hold after the beating it has taken during the pandemic, but for growth to be sustainable and reach its potential, private capital investment has […]
Shares of One 97 Communications, the parent company of digital payments company Paytm, debuted on the stock market on Thursday. The stock was opened for trading at Rs 1,950 on the NSE, marking a drop […]
Armed with necessary macro and micro growth drivers, India is on its way to becoming the fastest growing major economy in the world, a finance ministry report said. Rapid vaccination and teeming festivities will push […]
Tesla Inc shares fell for the fourth straight session on Wednesday, putting at risk the electric-car maker’s position in the $1 trillion club after top boss Elon Musk polled Twitter users about selling 10% of […]
New Delhi (TIP): Bank of New York Mellon Corp has pulled out of providing financial services to Adani Group and its Carmichael coal mine in Australia, saying the venture is incompatible with its environmental, social […]
HONG KONG (TIP): Asian markets were mixed Thursday as rising inflation fears were tempered by a report that teetering Chinese property giant Evergrande had once again avoided a default after meeting bond-payment deadlines. US investors […]
WASHINGTON (TIP): The US economic expansion slowed dramatically in the third quarter to an annual rate of just two percent as consumer spending moderated amid resurgent Covid-19 infections, the government said on Thursday. The spread […]
WASHINGTON (TIP): US regulators are expelling a unit of China Telecom Ltd., one of the country’s three major state-owned carriers, from the American market as a national security threat amid rising tension with Beijing. China […]
One97 Communications, which operates under Paytm brand name, will come out with the country’s biggest initial public offer on November 8 in the price band of Rs 2,080-2,150 per share, implying a valuation of around […]
Supply chain woes cost Apple $6 billion (roughly Rs. 44,890 crore) in sales during the company’s fiscal fourth quarter, which missed Wall Street expectations, and Chief Executive Tim Cook said that the impact will be […]
New Delhi (TIP): As Reliance Jio gets ready to launch its next handset soon in the festive season, Alphabet and Google CEO Sundar Pichai said that in three-five years, the affordable JioPhone Next device will […]
The Singapore-based arbitrator, SIAC, has rejected Future Retail’s plea to lift the interim stay on its Rs 24,713-crore deal with Reliance Retail, giving a major relief to Amazon that is contesting the transaction. The development […]
New Delhi (TIP): The Reserve Bank of India (RBI) has imposed a monetary penalty on two payment system operators for deficiencies in regulatory compliance. A statement issued by the RBI today read, “The Reserve Bank […]
New Delhi (TIP): As smartphone vendors struggled with supply issues for low-end mobile handsets, the shipments in India fell 5 per cent (on-year) in the third quarter (Q3) this year, a new report showed on […]
WASHINGTON (TIP): The United States budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion reached in 2020. The deficits in both years […]
Reliance Industries has topped Indian corporates in the World’s Best Employers rankings 2021 published by Forbes. Reliance was placed at 52 in the overall ranking of 750 global corporates such as Phillips, Sanofi, Pfizer and […]
ASHINGTON (TIP): Finance leaders from the G20 major economies endorsed a global deal to revamp corporate taxation and pledged to sustain fiscal support for their economies while keeping a close eye on rising inflation. The […]
Microsoft on Thursday, Oct 14, said it will shut down career-oriented social network LinkedIn in China, citing a “challenging operating environment” as Beijing tightens control over tech firms. The US-based company will replace LinkedIn in […]
Extending its winning run to the sixth straight session, equity benchmark Sensex rallied 569 points to close at a new peak on Thursday, driven by gains in index majors HDFC twins, ICICI Bank and ITC […]
HONG KONG (TIP): Asian shares rose on Friday, October 8, as Chinese shares returned from a one week holiday upbeat, tracking a global rally, while investors also eyed key U.S. jobs data for any fresh […]
New Delhi (TIP): Fitch Ratings has cut India’s economic growth forecast to 8.7% for the current fiscal but raised GDP growth projection for FY23 to 10%, saying the second Covid wave delayed rather than derail […]
Tata Motors is in early talks with Ford to buy the latter’s units in Tamil Nadu and Gujarat, according to a report in TOI. If the transaction materialises, it will be Tata Motors’ second asset […]
Adding to its burgeoning retail empire, billionaire Mukesh Ambani’s Reliance Retail will bring 7-Eleven convenience stores to India, days after Future Retail ended its deal with the US chain. The first 7-Eleven store will open […]
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