MUMBAI (TIP): RBI governor Raghuram Rajan has made a strong pitch for allowing inefficient organizations to die even as he called for a safety net for individuals. Rajan’s statement assumes significance in the backdrop of […]
MANILA (TIP): Gold stayed near a three-month top on Thursday after marking its best day in two weeks, buoyed by expectations that global economic and financial headwinds could make it tough for the US Federal […]
WELLINGTON (TIP): The Trans-Pacific Partnership, one of the world’s biggest multinational trade deals, was signed by 12 member nations on Thursday in New Zealand, but the massive trade pact will still require years of tough […]
NEW YORK (TIP): The Indian National Overseas Congress Chair George Abraham has applauded the decision of the Telecom Regulatory Authority of India to choose Net Neutrality banning immediately any differential pricing for data – that […]
SHANGHAI (TIP): Chinese shares fell sharply again on Wednesday after plunging in the previous session, taking losses in 2016 to nearly 25 percent or 13 trillion yuan ($2 trillion). The benchmark Shanghai Composite Index was […]
NEW DELHI (TIP): Maruti Suzuki reported a 27% growth in net profit in the quarter ending December 31, 2015 on the back of higher sales and cost reduction initiatives. Earnings in the period stood at […]
MUMBAI (TIP): Patanjali Ayurved, the home-grown foods-to-FMCG player that recently took on Swiss multinational giant Nestle by launching its own noodle brand, is eating into the market share of another MNC giant, Colgate Palmolive, in […]
TOKYO (TIP): The Bank of Japan on January 29 introduced a negative interest policy in a move to boost a stumbling recovery in the world’s third-largest economy. The central bank said it is imposing a […]
MUMBAI (TIP): Reserve Bank of India (RBI) governor Raghuram Rajan on Thursday revived the debate on the method of calculating gross domestic product (GDP), saying there are problems as it only talks about growth and […]
NEW YORK (TIP): MasterCard CEO Ajay Banga has been appointed as a co-chair of American India Foundation (AIF). The American India Foundation (AIF), a nonprofit organization that is devoted to accelerating social and economic change […]
NEW YORK (TIP): Walmart, the world’s largest retailer has announced that it is closing 269 stores, including 154 in the United States. The other big chunk is in its challenging Brazilian market. The stores being […]
NEW YORK (TIP): Energy companies were pummeled as the price of crude oil sank 7 percent hit new lows of less than$27 a barrel, threatening more damage to an industry that has already been stricken […]
WASHINGTON (TIP): The US-India Business Council (USIBC) has named Punit Renjen, CEO of Deloitte Touche Tohmatsu Limited (Deloitte Global),and Edward Monser, President of Emerson, as USIBC Vice Chairs to further build on US-India relationship. The […]
The next financial crisis is coming. It’s just a matter of time – and we haven’t finished fixing the flaws in the global system that were so brutally exposed by the last one. Massive monetary policy […]
NEW YORK (TIP): Indian American president and chief executive officer of MasterCard Ajay Banga has been named the chairman of the board of directors for 2016 by the Financial Services Roundtable. The Financial Services Roundtable […]
NEW YORK (TIP): The Royal Bank of Scotland reportedly has advised clients to brace for a “cataclysmic year” and a global deflationary crisis, warning that major stock markets could fall by a fifth and oil […]
Goldman Sachs says it has reached a deal with US authorities over charges that it used fraudulent marketing material to sell mortgage bonds before the financial crisis. The bank agreed to pay $5.1bn in civil […]
The government is set to reduce interest rates on small savings products such as public provident fund and National Savings Certificate over the next few days – a move that will impact returns on your […]
An Indian-origin family owned steel firm, Liberty House, is said to be a new potential buyer of two of Tata Steel’s Scottish plants, on the verge of closure due to the crisis in the industry. […]
BEIJING: China’s stock market lurched lower again on Monday, triggering “circuit breakers” that halted trading. The slump was the latest episode in months of turmoil for Chinese investors. China’s market benchmark soared 150 per cent between November […]
MUMBAI (TIP): For the fourth day on the trot, turbulences in the Chinese market sent global investors, including those on Dalal Street, scurry for cover. On Thursday morning as the CSI 300 index in Shanghai […]
NEW DELHI (TIP): In a bid to promote usage of hybrid vehicles to curb pollution, the government is likely to dole out Rs 500- 700 crore package for electric vehicles in the upcoming budget. According […]
Time has stopped for HMT Watches, finally. The brand, which is claimed to be a pioneer in horological industry in India since 1961, and its products for decades are known for its accurate time keeping and […]
The Union Cabinet chaired by Prime Minister Narendra Modi on January 5 gave its nod for the Stand Up India scheme that is aimed at promoting entrepreneurship among women and scheduled castes and tribes. Loans under […]
In intense 25-hour gunbattle between security forces and terrorists out side the Indian consulate in Mazar-i-Sharif came to end late on Monday, Jan 4, night with the killing of all the attackers without any damage […]
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