SINGAPORE (TIP): Oil prices edged lower in cautious Asian trade on September 4 as investors await the release of a US jobs report for August that could determine the Federal Reserve’s timetable for hiking interest […]
WASHINGTON (TIP): German carmakers BMW , Audi and Mercedes have won US antitrust approval to buy Nokia’s maps business for around 2.5 billion euros ($2.8 billion), the Federal Trade Commission said. The deal, which was […]
MUMBAI (TIP): India’s third-largest drug maker Cipla is buying the American business of Hyderabad-based Hetero Drugs as it seeks to expand its fledgling presence in the world’s biggest pharma market. People close to the transaction […]
MUMBAI (TIP): India is finally ready with an indigenous model to predict long range and seasonal rainfall. In the next six months, the Indian Institute of Tropical Meteorology (IITM), Pune, will be able to operationalise […]
LONG BEACH, NY (TIP): Nassau County Executive Edward P. Mangano announced, September 3, that the 2015 Long Beach International Film Festival (LBIFF) will be celebrating its 4th Anniversary with a new line up of exciting […]
skyTran, cofounded by Indian engineer Ankur Bhatnagar, a path-breaking transportation company headquartered in California, has received financial investment from Google chairman Eric Schmidt. Bhatnagar, a BTech engineer from IIT-Roorkee and an MTech from IIT-Kanpur is the sole Indian […]
HONG KONG (TIP): The commodities giant BHP Billiton spent heavily for years, mining iron ore across Australia, digging for copper in Chile, and pumping oil off the coast of Trinidad. The company could be confident […]
The global financial markets are in turmoil because of developments in China. The economic growth of China is slowing down since the last five years and is projected to grow at 6.3 per cent in 2016, […]
There is a statue of a marauding bull on the Wall Street. But, alas, the fella seems to be having a real bad time. Instead of charging and marauding – as evidenced by the sky-rocketing […]
NEW DELHI (TIP): The government may sell 10 per cent stake in Coal India this fiscal itself through a public offer, which could fetch around Rs 22,000 crore to the exchequer. The department of disinvestment […]
Birla Corp. Ltd on Monday said it had agreed to acquire two cement assets from the local arm of Lafarge SA with a combined production capacity of around 5.15 million tonnes (mt) for a total […]
Abu Dhabi/Dubai: The United Arab Emirates (UAE) has agreed to increase its investment in India to Rs 5 lakh crore (US$ 75 billion). India and UAE have also signed a strategic partnership in the energy sector […]
Australia’s FAL Food and Beverages, which makes the Coco Joy, Juiced Up and Aqua Hero beverages, on Monday said it would set up its first Indian factory within three years, which will serve several countries. […]
Reliance Jio is set to launch 4G-enabled handsets in the second week of September, ahead of the formal launch of its 4G services. The handsets, priced between Rs 5,000 and Rs 25,000, will see a […]
BEIJING/NEW DELHI (TIP): China set the reference rate for its currency more than one percent lower against the US dollar on August 13, the operator of the national foreign exchange market said, its third consecutive […]
NEW DELHI (TIP): India’s retail inflation cooled to a record low in July and annual growth in industrial production hit a four-month high in June, bringing cheer to investors fretting that gridlock in parliament is […]
KOLKATA (TIP):The Indian Railway Catering and Tourism Corporation (IRCTC) Ltd, East Zone, has got into medical tourism in a big way. The Public Sector Undertaking (PSU) is targeting people from Kolkata, Guwahati and other parts […]
NEW DELHI/MUMBAI (TIP): A day after devaluation of the Chinese yuan, the government on August 12 announced a 2.5%increase in customs duty on flat and long steel products, amid a growing clamour for protectionism from […]
Prime Minister Narendra Modi has all along been appreciative of the struggles and achievements of NRIs. His close association with a number of NRIs all across the world is well known. There is no country in […]
NEW YORK (TIP): Wipro Chairman Azim Premji and HCL founder Shiv Nadar are the only two Indian tycoons in the top 20 richest people in the world of technology, according to an inaugural list by […]
Bangalore August 13 (TIP): Indian rupee breached 65 against US dollar, its weakest since September 2013. The rupee has remained under pressure ever since China has devalued yuan on Tuesday. The rupee resumed higher at 64.72 as against […]
NEW DELHI: Despite the Free Trade Agreement talks with the European Union being in limbo, India has received an impressive $24 billion in foreign direct investment from the 28-nation bloc over the last three years. […]
Bengaluru (TIP) August 5 : The book “The India-U.S. Partnership: $1 Trillion by 2030″ was launched here by Gateway House, authored by Nish Acharya, an Indian American university professor and senior advisor at Northeastern University in Boston. […]
The response of the Punjab Police to the Dinanagar terror strike on July 27 has stirred up a debate on the appropriateness of employing the State Police as against the Army in such a scenario. […]
New Delhi: The government has sought parliamentary approval for an extra Rs 18,995 crore social sectors during 2015-16, almost half of the total extra spending asked for over the Budget Estimates (BE). In a supplementary demand […]
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