NEW DELHI (TIP): Moody’s Investors Service has retained India’s growth forecast at 7.5 per cent for 2016 but revised upwards estimates for China to 6.6 per cent citing strong fiscal and monetary support. In its […]
MOSCOW/DUBAI (TIP): Saudi Arabia is sending signals that it could boost its crude oil supplies in August to a new record level, overtaking Russia, the world’s top oil producer, as it gets ready for tough […]
NEW DELHI (TIP): After being subject to months of haggling and histrionics, the Goods & Services Tax (GST) finally had its historic day in the Rajya Sabha with the passage of the Bill to amend […]
LONDON (TIP): Britain’s Lloyds Banking Group said it plans to eliminate 3,000 jobs and close 200 branches — the first big cuts announced since Britain voted to leave the European Union. Lloyds is expanding its […]
NEW DELHI(TIP): The issue of rising prices came to a boil in Parliament on Thursday, July 28, with Congress vice-president Rahul Gandhi faulting Prime Minister Narendra Modi for the runaway cost of kitchen staples, a […]
Washington (TIP): Britain’s vote to exit the European Union has raised a cloud of uncertainty that could prove a headwind against the US economy, a senior Federal Reserve official said Thursday. Dennis Lockhart, president of […]
LONDON (TIP): The Bank of England kept its interest rate at 0.50 percent on Thursday, but signalled a possible August cut in response to Britain’s vote to exit the EU. At its first monetary policy […]
NEW YORK CITY (TIP): The Consulate General of India in association with State Bank of India and TiE (The Indus Entrepreneurs) hosted a conversation by Chairman of State Bank of India, Mrs.Arundhati Bhattacharya on July […]
I returned from a very successful Africa visit, where I got to interact with political and business leaders across four nations. My visit began in Mozambique and ended in Kenya. The other two nations visited […]
WASHINGTON (TIP): US employers added new workers at a surprisingly strong rate in June after an unnerving stall in May, delivering a fresh sign of US economic strength, the Labor Department reported Friday. The much […]
MUMBAI (TIP): The Reserve Bank of India (RBI) has moved a step closer to shifting monetary policy decisions from the governor to the Monetary Policy Committee (MPC). In their meeting in Bengaluru on Thursday, the […]
HYDERABAD (TIP): Brexit may have caused a lot of uncertainty in the global economy but the development has made India a `safe haven’ for investors in the past few days, Chief Economic Advisor (CEA) Arvind […]
CHENNAI (TIP): Foreign institutional investors (FIIs) have not logged out of equity markets in a big way after ‘Brexit’. But their investments in the stock markets stands at only around $3 billion (19,238 crore) so far […]
NEW DELHI (TIP): The recent Rajya Sabha elections have given the BJP and allies a numerical edge over the Congress-led UPA in the Upper House, where the government hopes to finally push through the Goods […]
BENGALURU (TIP): Amazon India has cut its own commissions by 25-30% in key categories such as mobiles, PCs, electronic devices, and personal care appliances. This may put the American e-commerce giant’s local arm at an […]
MUMBAI: Uber Technologies Inc and the Tata Group on Thursday announced a partnership where the latter will provide a comprehensive vehicle and ownership solution to Uber’s drivers. Under the arrangement, Uber’s drivers can buy Indica […]
WASHINGTON (TIP): The International Monetary Fund warned Thursday that a British vote next week to break with the European Union could stifle economic growth and weaken the ties that bind the eurozone. In a new […]
#India retained its position as the world’s fastest-growing economy, registering a #GDP rate of 7.9% for the January-March 2016 quarter, up from 7.3% the previous quarter, according to data released by the government on Tuesday. […]
On May 26, two years back, President Pranab Mukherjee administered the oath of office to Prime Minister Narendra Modi and his Cabinet. The lavish ceremony was attended by Premiers of SAARC nations, several Chief Ministers, Opposition […]
TEHRAN (TIP): Under the ornate chandeliers inside Saadabad palace’s atrium, Iranian President Hassan Rouhani by his side, Prime Minister Narendra Modi on May 23 quoted a Persian couplet by Mirza Ghalib to describe India’s ties […]
India, Iran and Afghanistan have signed a tripartite agreement to turn the Iranian port of Chabahar into a transit hub bypassing Pakistan, which has been the only route for war-stricken Afghanistan to the Indian Ocean. […]
India Inc today welcomed the government’s approval to the country’s first-ever policy for the capital goods sector, terming it is the “need of the hour” and said the thrust on demand creation, technology depth and […]
WASHINGTON (TIP): India’s Finance Minister Arun Jaitley and U.S Treasury Secretary Jacob J. Lew met April 14 2016, for the Sixth Annual U.S.-India Economic and Financial Partnership (EFP). Others present included Federal Reserve Chair Janet […]
BEIJING (TIP): China is looking at its recent deal on cross-border railway with Nepal as a starting point to tap the vast Indian market in future. It plans to extend the railway line from the […]
CANBERRA (TIP): Pegging India’s GDP growth rate at 7.6 per cent for the fiscal 2015-16, finance minister Arun Jaitley today said it is “much less” than its potential and expressed hope for better numbers next […]
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