Outspoken billionaire Elon Musk has replaced Amazon CEO Jeff Bezos as the richest person in the world on Thursday Jan 7, reported Bloomberg news. The 49-year-old Tesla and SpaceX chief was pegged to surpass Jeff […]
New Delhi (TIP): India’s economic growth is expected to contract over 7 percent in 2020-21 due to the impact of the economic distress caused by the coronavirus pandemic during the year. The first advance estimates […]
Bidding for the sixth round of spectrum auction for radiowaves worth Rs 3.92 lakh crore will start from March 1, according to a notice issued by the Department of Telecom (DoT) on Wednesday, Jan 6. […]
Mumbai (TIP): Tata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67% by acquiring an additional 32.67% for $37.66 million from AirAsia Investment Ltd (AAIL), according to a regulatory filing. Currently, […]
Apple Inc. shares briefly rallied to an intraday record on Tuesday, Dec 30, continuing a year-end surge that’s cementing its lead over Amazon.com Inc. as 2020’s best performer among the largest technology stocks. Apple has […]
India’s economy could prove to be the “most resilient” in the sub region of South and South-West Asia over the long term, according to a report by the UN, which says a positive but lower […]
Bitcoin on Wednesday, Dec 30, hit a record $28,599.99, taking gains this year past 295 per cent amid heightened interest from bigger investors. The world’s most popular cryptocurrency was last up 3.7 per cent at […]
Lenders should brace themselves for a tough time once the policy support given at the time of the pandemic is withdrawn, the Reserve Bank of India (RBI) said, warning of a deterioration in asset quality. […]
Microsoft is building a new passcode manager that will work across a slew of products like Edge, Chrome and mobile devices – Android and iOS. According to a report in The Verge, the tech giant […]
Bitcoin surpassed $21,000 for the first time, another milestone in what’s been an eye-popping rally for the controversial digital asset this year. The world’s largest cryptocurrency surged as much as 10% to $21,293 in New […]
There appears just no respite for Volkswagen in the infamous ‘Diesegate’ scandal and the car maker has now lost a case in the European Union’s top court which ruled that it had breached the law […]
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 […]
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