By S Nihal Singh America’s Receding Ability to Bring Peace “The major power in the region, the United States, is increasingly compromised by its total support of Israel, largely due to domestic factors, and its […]
MUMBAI/BANGALORE (TIP): Embassy Office Parks, a joint venture between private equity firm Blackstone Group and office space developer Embassy Group, is in advanced talks to acquire three large IT parks spread over two million sq […]
NEW DELHI (TIP): Merchandise exports grew 10.22 per cent to $26.4 billion in June from $24.02 billion in the same month last year, driven by strong demand for engineering goods, ready-made garments and petroleum products. […]
MUMBAI (TIP): Export Credit Guarantee Corporation of India Ltd (ECGC) has signed a Memorandum of Understanding (MoU) on Co-operation with the Export Credit Insurance Agencies (ECA) of BRICS countries in Fortaleza, Brazil. The MoU, which […]
MUMBAI (TIP): Drugmaker Sun Pharmaceutical Industries has acquired Boston-based Pharmalucence Inc for an undisclosed sum. The latter has a sterile injectables facility and research capabilities in the US. Sun Pharma’s latest acquisition comes within months […]
KOLKATA (TIP): Siemens on Wednesday announced the launch of operations at the Technology & Application Center (TAC) at Peenya, the industrial area of Bangalore. This facility, the first in India by Siemens, will enable machine […]
“While economic cooperation with China is mutually beneficial, India must review its approach to border issues with the Asian giant. It should insist that the dispute be resolved in accordance with 2005 Guiding Principles”, says […]
After the excitement of the election and Narendra Modi’s very large victory, and the associated rally in Indian markets since, for me personally, the budget was a slight disappointment. While emphasising a commitment to budget […]
Presenting his first budget, Finance Minister Arun Jaitley summed up the prevailing economic situation as continuing to present a great challenge to the economic health of the country. Emphasising the need to move quickly to […]
Budget 2014 reflects a number of priorities identified in the BJP election manifesto – the need to simply the taxation regime, provide a nonadversarial tax environment, revamped dispute resolution mechanisms and the need to build […]
NEW DELHI (TIP): The Central Board of Direct Taxes (CBDT) has issued internal instructions to tax authorities to cut down on frivolous appeals against favourable orders granted to taxpayers. The threshold limit for filing an […]
KOLKATA (TIP): Mercedes-Benz India will launch the much-awaited compact sedan CLA on July 22. This is the third new generation car to be launched in India after the A Class hatch and B Class tourer. […]
BANGALORE (TIP): Infosys’ revenue rose moderately in the quarter ended June, but at the cost of profit, which took a hit partially on account of salary increases. Net profit declined by 1%, to $482 million, […]
NEW DELHI (TIP): Amid a temporary import ban on mangoes, a team of experts from European Union will visit India in September to check the measures put in place by the country with regard to […]
NEW DELHI (TIP): The country’s industrial output rose 4.7% in May on the back of a robust performance by the manufacturing and electricity sectors, bringing relief for the Narendra Modi government, which has vowed to […]
MUMBAI (TIP): The Reserve Bank today relaxed norms for overseas investment by Indian corporates by raising their borrowing limit. “It has, however, been decided that any financial commitment exceeding USD 1 billion (or its equivalent) […]
NEW DELHI (TIP): The income tax department on July 3 raised an interim demand of Rs 4,860 crore on the Sahara group even as it is busy selling off assets and mopping up bank accounts […]
NEW DELHI (TIP): India’s private sector output witnessed significant uptrend in June as both manufacturing and services sector registered solid rate of expansion, driven by robust order flows and stronger business sentiment, an HSBC survey […]
New York (TIP): The US economy accelerated in June, with employers adding 2, 88,000 jobs, well above the rate of hiring recorded in the first five months of 2014 and another sign that growth is […]
It is speculated that a big portion of foreign funding goes to politicians and bureaucracy as a large number of institutes are owned, controlled and managed by politicians and business houses. India is a fascinating […]
A well-thought-through response combining intelligence, the internal security apparatus and mature political initiatives are called for. The design and execution of a response that is successful will need to ensure that the response itself does […]
WASHINGTON (TIP): The American economy contracted at an annual rate of 2.9 per cent in the first quarter of this year, the sharpest drop experienced by the US in the last five years. This drop […]
NEW DELHI (TIP): The Narendra Modi government on June 25 indicated that it would not be guided by the UPA’s formula by deferring for three months a decision on revising price of gas produced from […]
BRUSSELS (TIP): Iraq will be foremost in investors’ minds in the coming week as oil price risk has returned to markets, complicating the task for central banks whose policies are beginning to diverge for the […]
NEW DELHI (TIP): There is enough scope for utilities to ensure uninterrupted power supply without tariff shocks but consumers too need to do their bit by willing to pay for getting 24X7 service and actively […]
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