MUMBAI (TIP): “Something is indeed seriously wrong,” Director of Central Bureau of Investigation (CBI) Anil Sinha said, as he underlined the increase in non-performing assets (NPAs) of banks from Rs 44,957 crore in 2009 to […]
WASHINGTON (TIP): Independent investor Sunil Sabharwal has become the first Indian-American to occupy a key administration post at the IMF, three weeks after he was confirmed by the Senate. Sabharwal, who was confirmed by the […]
NEW DELHI (TIP): Liquor baron Vijay Mallya, who is facing legal proceedings for allegedly defaulting loans of over Rs 9,000 crores from various banks, had left the country a week back, government informed the Supreme […]
MUMBAI (TIP): Three global automobile powerhouses either have started operating their India factories round the clock or are in the process of doing so to meet increasing export demand, in a resounding endorsement of the […]
SHANGHAI (TIP): Moody’s downgraded its outlook on Chinese government debt to “negative” from “stable” on March 2, citing uncertainty over authorities’ capacity to implement economic reforms, rising government debt and falling reserves. “Without credible and efficient […]
BRUSSELS (TIP): An EU court on Wednesday threw out an attempt by US drinks giant Coca-Cola to get trade mark status for a new design of its iconic fluted bottle throughout the 28-nation bloc. Invented […]
MUMBAI (TIP): Top state-run lender SBI on Wednesday sought to arrest Vijay Mallya, and also impound his passport, as the bank approached the Debt Recovery Tribunal seeking action against the UB Group promoter for defaulting […]
LONDON (TIP): UK is turning to India in an attempt to fill thousands of vacancies for doctors and nurses in its state-funded National Health Service, it emerged today, but “unwise regulations” and changing visa regime […]
NEW DELHI (TIP): The US health regulator has refused entry of 11,664 Indian products, including drugs, into the American market between January 2011 and February 2016, Parliament was informed on Wednesday. “According to refusal report […]
NEW DELHI (TIP): Finance minister Arun Jaitley unveiled what appeared to be a pro-poor budget on February 29, announcing higher spending in the rural economy to fire demand. But the minister also promised to pursue […]
Rs 1,000 crore allocated for new EPF (Employees’ Provident Fund) scheme Rs 38,500 cr allocated for MNREGA in 2016-17, the highest ever if entire amount is spent Rs 2.87 lakh crore will be given as grants-in-aid […]
NEW DELHI (TIP): Finance minister Arun Jaitley’s budget speech focused on the social sector more than before, but it failed to reflect amply in fund allocation to key ministries such as education, health, poverty alleviation […]
NEW DELHI (TIP): Finance Minister Arun Jaitley announced a host of changes in the tax structure in the Budget for 2016- 17 that made cars, cigarettes and air travel expensive, while footwear, solar lamps and […]
NEW DELHI (TIP): Farmers can continue to get cheap farm loans with finance minister Arun Jaitley raising the target for loan disbursal to them to Rs 9 lakh crore. Special focus has been given to […]
OSLO (TIP): For most people, becoming a billionaire is a dream that will never come to fruition before they die. That knowledge makes Alexandra Andresen’s entry onto the Forbes billionaires list all the more hard […]
WASHINGTON (TIP): American companies, either those with a foothold or who are planning to set foot in India, are bullish on the latest budget presented by the Modi government, business advocacy group U.S.-India Business Council […]
Washington has no shortage of politicians struggling to be seen as a maverick. But Tulsi Gabbard isn’t one of them. As one of the first two female combat veterans elected to US Congress and also […]
MUMBAI (TIP): To ease the current liquidity crunch which could also help in lowering yields, the RBI on February 25 announced it will infuse up to Rs 12,000 crore into the market through open market […]
NEW DELHI (TIP): The central government on Thursday announced the extension of e-Tourist Visa (e-TV) facility to 37 more countries from Friday, a home ministry statement said. With this the total count of countries under […]
SHINGTON (TIP): The International Monetary Fund has warned that the world economy is “highly vulnerable” and called for new mechanisms to protect the most vulnerable countries. In a report on economic challenges ahead of the […]
NEW DELHI (TIP): Rekha Desai, a French citizen of Indian origin, has been staying in Paris for the last 20 years. After unsuccessful IVF (in-vitro fertilisation) treatments — twice in Paris and thrice in the […]
NEW DELHI (TIP): Kotak Mahindra Bank on Tuesday said that it has bought 19.90% stake in Airtel M Commerce Services Ltd (AMSL) for Rs.98.38 crore to set up a payments bank. AMSL was one of […]
NEW DELHI (TIP): The Railway Budget 2016 that was presented by Railway Minister Suresh Prabhu brought a pot of mixed reactions from several political parties and the common man. On the one hand, the commoners […]
More tax deduction on interest on home loan If you purchase property through the home loan mode, you get a tax deduction of up to Rs 2 lakh for the interest paid, if the loan […]
MUMBAI (TIP): India should adopt a three-pronged strategy to achieve its long-term potential growth rate of around 8-10% by promoting competition and investing in health and education, while not neglecting agriculture, the Economic Survey 2015- […]
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