Domestic rating agency Icra Ratings expects the technical recession in the country’s economy to end in the fourth quarter of the current fiscal, limiting the contraction in the GDP to 7.8 per cent in the […]
Coca-Cola Co. is cutting 2,200 jobs worldwide, including 1,200 in the US, as the soda maker deepens its restructuring efforts amid ongoing shutdowns of soft-drink friendly venues like movie theaters, bars and stadiums. The reductions, […]
The Enforcement Directorate (ED) has filed a chargesheet in a Mumbai court against former ICICI Bank chief Chanda Kochhar, her husband Deepak Kochhar and Videocon Group MD Venugopal Dhoot in a fraud case. The court […]
NEW YORK (TIP): New Yorkers will be happy and proud to know that a former Consul General of India at New York Dr. Dnyaneshwar Mulay has been appointed Chair of an Inter-ministerial Working Group to […]
A Conversation with the Global Indian Trade and Cultural Council Founder President Harry S. Panaser on GITCC Webinar Vision EDISON, NJ (TIP): Harry S. Panaser, founder-president of the Global Indian Trade and Cultural Council (GITCC) […]
WASHINGTON (TIP): Ambassador of India to the United States Taranjit Singh Sandhu and Pennsylvania Governor Tom Wolf discussed important areas of the vibrant India-Pennsylvania relationship, encompassing economic and people-to-people ties during a conversation Aug 7. […]
WASHINGTON (TIP): Ambassador of India to the United States, Taranjit Singh Sandhu and Wisconsin Governor Tony Evers on July 29 held a virtual meeting and discussed trade and investment as well as people-to-people relations between […]
WASHINGTON (TIP): President Donald J. Trump announced his intent to nominate Deven Parekh, of New York, to be a Member of the Board of Directors of the International Development Finance Corporation for a term of […]
LONDON (TIP): HM Treasury on June 22 announced the appointment of Nikhil Rathi as the new permanent Chief Executive of the Financial Conduct Authority (FCA) of UK. Nikhil is currently the Chief Executive of London Stock […]
A successful business reopening must include a carefully thought out plan that complies with relevant federal, state and local guidelines, prioritizes health and safety, and communicates a clear and consistent message to employees, customers and […]
NEW YORK (TIP): Indian American Nayan Parikh , owner of Ashnu International, Inc. an award winning, premier/MWBE Construction and Management provider to host of Federal, State and City Agencies, Corporations and other industries, is one […]
“America’s 20 trillion economy will rebound from third quarter and shock the world in the fourth quarter. The stock market will make a new high this year. Jamie Dimon, chairman of JP Morgan, a staunch […]
WASHINGTON (TIP): More than 4 million U.S. workers filed for jobless benefits last week, the Labor Department said Thursday, May 21. That brings the total number of people applying for aid to more than 43 […]
NEW YORK (TIP): On May 7, Alameda County DA O’Malley and California Attorney General Xavier Becerra announced that their offices have jointly filed a nine-count misdemeanor complaint charging Apna Bazar, a large grocery store in […]
HOUSTON (TIP): An Indian origin engineer has been charged in the Eastern District of Texas with allegedly filing bank loan applications fraudulently seeking more than $10 million dollars in forgivable loans guaranteed by the Small […]
The redesign of economies, of businesses, and our lives, must begin with questions about purpose. What is the purpose of economic growth? What is the purpose of businesses and other institutions? What is the […]
NEW YORK (TIP): From a record number of employments to a record-breaking number of unemployment, the US is facing a grim situation with joblessness. The total number of Americans filing for unemployment shot up to […]
WASHINGTON (TIP): The IRS is regularly updating the Economic Impact Payment and the Get My Payment tool frequently asked questions pages on IRS.gov as more information becomes available. Taxpayers should check the FAQs often […]
It may be accepted that waiting to restart all sectors of the economy simultaneously will unnecessarily keep some sectors shut that actually can be re-engineered to open without much further delay. America […]
The RTI replies demonstrate a constant surge in the amount written off by the scheduled commercial banks, which include public sector banks and private banks in the country, since 2014-15. While banks claim that the […]
SOUTH PLAINFIELD, NJ(TIP): With great expectations, New Jersey Governor Phil Murphy leads a seven-day, six-city economic mission trip to India beginning September 13. The delegation will visit six cities, including Delhi, Agra, Hyderabad, Mumbai, Ahmedabad, and […]
NEW DELHI (TIP): Moody’s Investors Service said on Wednesday Indian economy is starting to recover from the negative impact of demonetisation and disruption caused by GST roll out, but kept GDP growth estimates unchanged at 7.6% for 2018. In its global […]
NEW DELHI (TIP): Telecom operator Aircel said on?Wednesday it has filed for bankruptcy as the company has been facing “troubled times” in “highly financially stressed” industry. In a statement in New Delhi, Aircel said that intense competition following the […]
WASHINGTON (TIP): US President Donald Trump has threatened China with sanctions for trade imbalance and policies that are hurting the American industry, a move that could result in increasing chances of a trade war between two of the world’s largest economies. Warning […]
WASHINGTON (TIP): US President Donald Trump on Feb 14 slammed India for a high import tariff on Harley- Davidson motorcycle, calling it “unfair”, even as New Delhi slashed customs duty on imported motorcycles from highend brands to 50%. Trump, […]
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