Oil prices were lower on Thursday , April 15, though holding near one-month highs after futures jumped in the previous as the International Energy Agency (IEA) and others upgraded forecasts for oil demand as major […]
Oil clung to losses with concerns over the economic recovery casting a cloud over the return to normal demand. WTI crude fell as much as 1.6% even as US jobless claims unexpectedly rose for a […]
Chinese regulators have hit top e-commerce giant Alibaba with a record 18.23 billion yuan ($2.78 billion) fine for violating anti-monopoly laws, it was announced on Saturday, April 10. The fine, the largest anti-monopoly fine ever […]
Washington (TIP): India is on the right track and is innovating on the policy side, including on digital identity and payments, but it also needs to capture all the segments of the financial market and […]
Gold imports by India surged in March to the highest monthly total in nearly two years as a slump in prices stoked demand for jewelry during the ongoing wedding season. Overseas purchases increased more than […]
The Federal Aviation Administration (FAA) said on Wednesday it had approved the design for the Boeing 737-8200, part of the Boeing 737 MAX series, a necessary step before the U.S. planemaker can begin delivering the […]
New Delhi (TIP): India’s inflation is at “uncomfortably high” level, which is an exception among Asian economies, Moody’s Analytics said on Tuesday. Higher fuel prices will keep upward pressure on retail inflation and keep the […]
Xiaomi claims that it has managed to sell Redmi Note 10 series smartphones worth Rs 500 crore, within first two weeks of sale across all platforms. The Redmi Note 10 line-up was launched month in […]
Washington (TIP): India ranked 40 among 53 global economies on the latest annual edition of the International Intellectual Property (IP) Index released on Tuesday, March 23. Released annually by the US Chamber of Commerce Global […]
Oil prices skidded around 2% as fuel demand concerns re-emerged alongside fresh coronavirus pandemic lockdowns, trimming overnight gains spurred by the grounding of a giant container ship blocking crude shipments through the Suez Canal. Brent […]
India’s economy is on the path of gradual recovery, the International Monetary Fund has said ahead of its next month’s spring meeting with the World Bank. “India’s economy is on the path of gradual recovery, […]
Seeking to boost listing of startups, markets watchdog SEBI on Thursday decided a slew of relaxations to norms, including reducing holding period for pre-issue capital and allowing discretionary allotment to eligible investors. The changes have […]
US and European retail brands in China are suddenly facing a dilemma: Embrace cotton from Xinjiang and come under attack in the West, or reject it and risk a boycott in the world’s second-biggest economy. […]
NEW DELHI (TIP): A dozen global banks are to bankroll Adani Green Energy Ltd’s under-construction renewable power projects with a $1.35 billion revolving credit line, the company said on Friday, March 19. The finance facility […]
Oil prices fell on Friday, extending losses for a sixth day as a new wave of COVID-19 infections wash across Europe, spurring new lockdowns and dampening hopes for a recovery in demand for fuels anytime […]
New Delhi (TIP): The Delhi High Court on Thursday, March 18, upheld the Singapore’s Emergency Arbitrator’s (EA) order restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,713-crore deal with Reliance Retail to […]
Rajya Sabha on Thursday, March 18, passed the Insurance (Amendment) Bill, 2021 that seeks to raise the FDI in insurance sector to 74 per cent from the current 49 per cent, despite opposition push to […]
Elon Musk just hit a new milestone: He made a record $25 billion in one day. Tesla Inc.’s 20% jump on Tuesday, March 9 — its biggest in more than a year — pushed the […]
PUBG Mobile developer Krafton has invested $22.4 million in the homegrown esports company Nodwin Gaming. According to TechCrunch, the aim is to “maintain some presence in what was once its key overseas market” after the […]
The UK government said it will delay imposing post-Brexit checks on imports coming from the European Union in a bid to avert disruption to supplies this summer. The UK won’t require firms to file customs […]
Boeing Co is close to a multibillion-dollar deal to sell dozens of its 737 MAX 7 jets to Southwest Airlines Co, in potentially the company’s largest 737 MAX order since the aircraft’s safety ban was […]
The Biden administration has informed some suppliers to China’s Huawei Technologies Co. of tighter conditions on previously approved export licenses, prohibiting items for use in or with 5G devices, according to people familiar with the […]
New Delhi (TIP): India is ready to offer incentives to ensure Tesla Inc’s cost of production would be less than in China if the carmaker commits to making its electric vehicles in the south Asian […]
Mumbai (TIP): Forty Indians entered the billionaires’ club in the pandemic-stricken 2020 to take the number of those in the coveted list to 177 people, a report said. Mukesh Ambani continued to be the wealthiest […]
Walt Disney Co. plans to close more than 60 of its North American Disney stores, eliminating roughly 20% of its global footprint, as it focuses more on e-commerce. The company has about 300 Disney stores […]
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