THIRUVANANTHAPURAM (TIP): The CPM-led LDF government in Kerala on Friday presented its budget for 2016-17, focusing on strengthening social welfare schemes, public health and education. The budget, the first by the Pinarayi Vijayan-led government which […]
MUMBAI (TIP): The Reserve Bank of India (RBI) has moved a step closer to shifting monetary policy decisions from the governor to the Monetary Policy Committee (MPC). In their meeting in Bengaluru on Thursday, the […]
New York, NY, June 30, 2016 – Starting August 15, Air India will begin service from Newark Liberty International Airport to Ahmedabad, with a stop in London. The flights will operate three times a week […]
NEW DELHI (TIP): RBI governor Raghuram Rajan, whose three-year term comes to an end this September, pitched for a longer tenure for the central bank head, saying on June 30 that the global practice has […]
NEW YORK (TIP): The pound and the euro extended gains on Wednesday but remained far below their levels before Britain voted last week to quit the European Union. Financial markets that had reeled after last […]
Pfizer Inc will invest $350 million to build a biotech center in China, the latest in a series of moves by pharma industry giants to set up shop in the world’s no. 2 drugs market with […]
HYDERABAD (TIP): Brexit may have caused a lot of uncertainty in the global economy but the development has made India a `safe haven’ for investors in the past few days, Chief Economic Advisor (CEA) Arvind […]
CHENNAI (TIP): Foreign institutional investors (FIIs) have not logged out of equity markets in a big way after ‘Brexit’. But their investments in the stock markets stands at only around $3 billion (19,238 crore) so far […]
Donald Trump made the headlines again and this time in Scotland for his bizarre comments on #BREXIT; Below are the excerpts QUESTION: How would the Trump administration approach the Brexit, should you be elected president? […]
Britain’s senior-most Indian-origin minister Priti Patel, who had campaigned vehemently in favour of Brexit, believes today’s historic referendum result in favour of Britain leaving the European Union (EU) will ultimately be good for India-UK ties. […]
SYDNEY (TIP): Carnage came to world markets on June 24 as major television networks said Britain had voted to leave the European Union, threatening the existence of the entire bloc and its single currency. Such […]
EMDEN, GERMANY (TIP): Volkswagen has agreed to take a series of steps with a total cost of about $10.2 billion to settle claims from its unprecedented diesel emissions cheating scandal in the US, two people […]
NEW DELHI (TIP): The Reliance Communications and Aircel merger is likely to be announced within 15 days, after months of extended negotiations, and the new entity is expected to have Rs 25,000 crore business from […]
WASHINGTON (TIP): Welcoming Raghuram Rajan back to academics, the prestigious University of Chicago has said the outgoing RBI Governor’s experience as head of India’s top central banker will be of great benefit when he returns to research and teaching later this year. “We […]
ENGLEWOOD, CO (TIP): Sling TV and DISH have announced a long-term renewal agreement with Asia TV USA, Ltd., part of the “Zee” group from India and a leading provider of South Asian programming. In addition […]
NEW DELHI (TIP): At least four past and present chief ministers are likely to lose their NSG security cover with the home ministry deciding to prune the list of politicians guarded by the elite commandos […]
BENGALURU (TIP): Amazon India has cut its own commissions by 25-30% in key categories such as mobiles, PCs, electronic devices, and personal care appliances. This may put the American e-commerce giant’s local arm at an […]
MUMBAI: Uber Technologies Inc and the Tata Group on Thursday announced a partnership where the latter will provide a comprehensive vehicle and ownership solution to Uber’s drivers. Under the arrangement, Uber’s drivers can buy Indica […]
WASHINGTON (TIP): The International Monetary Fund warned Thursday that a British vote next week to break with the European Union could stifle economic growth and weaken the ties that bind the eurozone. In a new […]
MUMBAI (TIP): India narrowly missed recording a surplus on its current account in the first quarter of 2016 – the broadest measure of its trade with the rest of the world, central bank data showed […]
WASHINGTON (TIP): UN Women Deputy Executive Director Lakshmi Puri spoke at the first-ever United State of Women Summit on 14 June 2016. Convened by President of the United States Barack Obama and First Lady Michelle […]
Microsoft today announced it will be acquiring LinkedIn in an all-cash deal worth $26.2 billion inclusive of LinkedIn’s net cash. The acquisition is expected to close this calendar year. Despite the acquisition, Microsoft CEO has said that […]
NEW DELHI (TIP): CBI has formed a Special Investigation Team under Gujarat-cadre 1984-batch IPS officer Rakesh Asthana – presently posted as additional director in the agency – to further probe the Rs 3,546-crore VIP chopper […]
SEOUL (TIP): South Korean military vessels have begun an operation to repel Chinese fishing boats illegally harvesting prized blue crabs from an area near Seoul’s disputed sea boundary with North Korea. South Korea’s Defense Ministry […]
TOKYO (TIP): Japanese automaker Honda is recalling 784,000 vehicles in Japan due to faulty Takata Corp air bag inflators for front passenger seats. The recall, announced by Honda Motor Co on Thursday, is the latest […]
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