“The 100 Indian-based companies surveyed for the study have made an aggregate $15.3 billion investment in their U.S. operations. That, in turn, has created 91,000 jobs in the U.S., which by any measure is a […]
WASHINGTON (TIP): US retail sales unexpectedly fell in June as households cut back on purchases of automobiles and a range of other goods, raising concerns the economy was slowing again. Tuesday’s weak retail sales report, […]
New Delhi: Foreign direct investment (FDI) into equity jumped 48 per cent after the launch of the ‘Make in India’ programme, the commerce and industry ministry said on Tuesday, July 14. The ‘Make in India’ […]
New York (TIP) July 15: A total of one hundred India-based companies have invested over $15 billion across the US and have created more than 91,000 jobs in a wide range of sectors across 35 American […]
Four Indians are among 32 young leaders named by a prestigious global non-profit organization as its 2015 class of young leaders, focused on shaping a brighter future for the Asia-Pacific region and confronting the most […]
IKEA, world’s largest furniture retailer, has purchased a 13 acre land close to the IT hub in Hyderabad’s HITEC city. This first land purchase is part of their larger objective of expansion by setting up […]
New Delhi (TIP) July 14: The foreign Investment Promotion Board (FIPB) today cleared 23 FDI proposals out of the 47 proposals which were considered in the meeting. The proposals cleared includes Bandhan, Catholic Syrian Bank, […]
Microsoft will cut 7,800 jobs and take a $7.6 billion impairment charge as it attempts to revive its flagging phone hardware business. The company paid $7.3 billion for Nokia’s phone business in April 2014, seeking […]
MasterCard recently announced the appointment of two Co-Presidents for the Asia/Pacific region – Ling Hai and Ari Sarker. The reorganization is in recognition of the growing importance of Asia/Pacific as a whole as it houses two of the […]
Five teenage girl students from Bengaluru won the Technovation challenge at a global pitch event at San Francisco city in the US. Sanjana Vasanth, N. Anupama, Mahima Mehendale, Swasthi P. Rao and B. Navyashree, all […]
WASHINGTON (TIP): The US economy’s stumble at the start of 2015 is dragging down the world’s growth prospects, the International Monetary Fund said on July 9. The IMF forecasts 3.3 per cent global growth this […]
NEW DELHI (TIP): Country’s largest car maker Maruti Suzuki India on Thrusday said its compact car Celerio has achieved one lakh sales mark in the domestic market in less than 1.5 years after its launch in […]
WASHINGTON (TIP): New applications for US unemployment insurance benefits rose last week to their highest level since February, suggesting some slowdown in the labor market recovery. Initial claims for state unemployment benefits rose 15,000 to […]
NEW DELHI (TIP): India and the United States signed a tax information sharing agreement on Thursday, under a new US law meant to combat offshore tax dodging by Americans as well as by Indians stashing […]
NEW YORK (TIP): The news that the United States has finally decided to amend its regulations to allow the dependent spouses of the specialized H-1B visa holders to work was hailed with jubilation by Indian […]
Bureaucrats have social status and power. They also possess personal knowledge of the rules. So, as a reasonably educated Indian citizen knows, it is pointless to argue with a bureaucrat: one can only plead with […]
WASHINGTON (TIP): The US economy added 223,000 net new jobs in June, the Labor Department said on Thursday in a mixed report on the jobs market. The unemployment rate fell to 5.3 percent, the lowest […]
HONG KONG (TIP): Asian markets retreated on July 3 ahead of the weekend’s Greek referendum that could decide its eurozone future, while Shanghai plunged more than seven percent, at the end of a torrid week […]
CHENNAI (TIP): The governor of the Reserve Bank of India, Raghuram Rajan on July 2 said that the Indian economy was in a recovery phase. “There are signs of pick up in capital investments,” he […]
Greece became the first developed country to default on the International Monetary Fund, as the rescue program that has sustained it for five years expired and Greece’s last-minute overtures to international creditors for financial aid […]
On Monday, June 29, global stock markets were reeling from the news out of Greece. Dow Jones was down by 350 points. With many global crises like Ukraine, ISIS, Syria, Iran nuclear deal already threatening […]
NEW YORK (TIP): Emerging markets are expected to grow faster than developed economies, and India is likely to become the third largest economy by 2030 in the world after China and the United States, says […]
Continued from Putting India Emphatically on Global Map – Part 1 It defies logic that a country that is considered as our most serious adversary and whose policies in our region has done us incalculable strategic harm should […]
NEW DELHI (TIP): The government is expected to limit deposits under the proposed gold deposit scheme at 100 grams to deal with concerns that the plan meant to put brakes on import of the precious metal […]
In its latest ‘Inside India’ report, Moody’s Investors Service said the consensus view on India’s economic growth prospects is relatively optimistic and in line with Moody’s baseline forecast of 7.5% expansion in current fiscal. The […]
© The Indian Panorama