NEW YORK (TIP): US stocks were little changed early Wednesday ahead of Apple’s expected launch+ of a new iPhone 7 and iPhone 7 Plus , and the Federal Reserve’s “Beige Book” report assessing economic conditions […]
Gross domestic product growth dipped to 7.1% in the quarter ended June, a disappointing performance but one that still trumps the 6.7% posted by China in its most recent quarter. The slowdown comes as unease […]
NEW DELHI: The Enforcement Directorate (ED) on Saturday attached RS 6,630 crore worth properties belonging to loans defaulter Vijay Mallya, Times Now reported. Considered to be one of the biggest attachments by the ED till now, […]
MUMBAI (TIP): Reliance Industries Ltd’s (RIL) telecom unit will start offering services from 5 September, but the commercial launch will be about three months later in 31 December. While the company has stated an altruistic […]
MUMBAI: The Income Declaration Scheme (IDS), 2016, which closes on September 30, offers a chance to come clean, or else one must be ready to face consequences, indicated Union finance minister Arun Jaitley on Thursday. […]
ATLANTA (TIP): The World Affairs Council of Atlanta and the American India Foundation [AIF] hosted, August 18, Dr. Rajeev Tayal, Executive Director of the Indo-US Science & Technology Forum [IUSSTF] for a breakfast presentation at […]
WASHINGTON (TIP): The US trade deficit increased to the highest point in 10 months, driven up by a big rise in imports of oil and Chinese-made computers, cell phones and clothing. The deficit rose to […]
Indian American Ajei Gopal has been named CEO of US-based software firm ANSYS that produces engineering simulation software used for testing product designs across a wide spectrum of industries including rockets and wearable technology. Ajei […]
NEW YORK (TIP): People who hope to drive New York City’s famous yellow cabs must pass tests on such details as driving rules and where they can pick up passengers. But gone are the days […]
CHENNAI (TIP): Voluntary recalls are becoming quite common in the Indian automobile market particularly as more and more car companies are aligning their recall systems with global recalls. The Takata airbag problem has led to […]
MUMBAI (TIP): Reserve Bank on Thursday announced a slew of changes in fixed income and currency markets such as allowing lenders to issue ‘masala bonds’ and to accept corporate bonds under the liquidity adjustment facility […]
NEW DELHI (TIP): How the governor of the Reserve Bank of India came to be finalised is an interesting story. Urjit Patel was Prime Minister Narendra Modi’s first choice for the top job, according to […]
NEW DELHI: In what could take the probe against Vijay Mallya forward, the CBI and the Enforcement Directorate (ED) have received “crucial details” about properties and investments of the former liquor baron from several countries. Mallya […]
NEW DELHI (TIP): The Modi government’s plan to announce the General Budget in January might get the Congress’ support, even as some small parties remain apprehensive. The government is planning to advance the budget by […]
MOSCOW/DUBAI (TIP): Saudi Arabia is sending signals that it could boost its crude oil supplies in August to a new record level, overtaking Russia, the world’s top oil producer, as it gets ready for tough […]
NEW DELHI (TIP): Baba Ramdev promoted Patanjali Ayurved has become the third largest seller of FMCG products at the shelves of Kishore Biyani-led Future Retail. “Patanjali has become number three in sales at Future Retail’s […]
NEW DELHI (TIP): Close on the heels of the Narsingh Yadav+ controversy, another athlete banned for doping has moved Delhi High Court alleging foul play. Sumati Devi, a national level weightlifter who is facing a […]
NEW YORK: Top economist and RBI’s former deputy governor Rakesh Mohan has been named senior fellow at the prestigious Yale University’s institute for global affairs. Mr Mohan will join the 2016-2017 class of 15 Senior […]
Eastman Kodak company, known for its films and cameras, on Thursday forayed into the HD LED TV business by entering into a partnership with Noida-based Super Plastronics Pvt Ltd (SSPL). SPPL, which manufactures TVs under the […]
COIMBATORE: ICICI Bank on Thursday unveiled a payment service that uses a smartphone keyboard. Christened ‘iMobile SmartKeys’, this feature enables ‘iMobile’ users to make quick and secure payments on any mobile application including chat, messenger, email, […]
NEW DELHI (TIP): Singapore Telecommunications (Singtel), the largest shareholder in Bharti Airtel, is consolidating its equity in the country’s top mobile operator by buying out Singapore’s sovereign wealth fund Temasek’s holding for $659.5 million (over Rs […]
NEW DELHI (TIP): Moody’s Investors Service has retained India’s growth forecast at 7.5 per cent for 2016 but revised upwards estimates for China to 6.6 per cent citing strong fiscal and monetary support. In its […]
MOSCOW/DUBAI (TIP): Saudi Arabia is sending signals that it could boost its crude oil supplies in August to a new record level, overtaking Russia, the world’s top oil producer, as it gets ready for tough […]
LONDON (TIP): Britain may remain a member of the European Union (EU) until 2019, a year longer than previously estimated, a media report said on Sunday. Prime Minister Theresa May has been expected to enact […]
San Diego based deep learning startup Nervana Systems, headed by Indian Americans, has been acquired by Intel as per media reports. According to media reports – Intel is buying deep learning startup Nervana Systems for $350 […]
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