New Delhi
NOTE BAN ALONE NOT TO BLAME FOR GROWTH SLUMP, SAYS JAITLEY
NEW DELHI (TIP): Finance Minister Arun Jaitley has said demonetisation alone was not responsible for the fall in the GDP growth in the fourth quarter and said 7-8% growth in the current global context is “reasonable by Indian standards”. The Finance Minister blamed cumulative factors […]
MFG SECTOR GROWTH SLIPS TO 3-MONTH LOW IN MAY
NEW DELHI (TIP): Indian factory growth cooled in May as new orders expanded at a more modest pace, but manufacturers were able to raise prices slightly, according to a private survey. The Nikkei Manufacturing Purchasing Managers’ Index, compiled by IHS Markit, […]
Rajnath breaks protocol, hugs brave BSF jawan suffering 85% disability
NEW DELHI (TIP): In a rare gesture, Home Minister Rajnath Singh on June 1 (Thursday) broke protocol and hugged BSF constable Godhraj Meena who has suffered 85 per cent disability after militants’ bullets hit him during an attack in Jammu and […]
INDIAN-AMERICAN VINAY DUBE IS THE NEW CEO OF JET AIRWAYS
NEW DELHI (TIP): An Indian American Vinay Dube has been appointed the Chief Executive Officer (CEO) of Jet Airways, according to an official press release. Dube is the Senior Vice President (Asia Pacific) with Delta Air Lines and has been associated with the […]
India’s GDP takes a hit by 1.3 per cent
Congress leader Chidambaram says figures prove Cong right on note ban NEW DELHI (TIP): Senior Congress leader P Chidambaram said, June 1, the new GDP growth figures had proved the Congress and the opposition right about the consequences of demonetization with the […]
MOODY’S DOWNGRADES IDBI
NEW DELHI (TIP): International credit ratings agency, Moody’s Investors Service today downgraded state-owned IDBI Bank’s rating citing asset quality concerns and extremely weak capitalisation. The rating actions reflect the significant deterioration in IDBI’s financial profile, driven by asset quality […]
PM Modi congratulates Prachanda for successful conduct of local polls
NEW DELHI (TIP): Prime Minister Narendra Modi has congratulated outgoing prime minister of Nepal Pushpa Kamal Dahal ‘Prachanda’ for the successful conduct of local elections there. Modi conveyed his felicitations to Prachanda in a phone call last evening, the […]
Indian American Ashish Masih to become President and CEO of Encore Capital Group
SAN DIEGO, CA (TIP): Encore Capital Group announced that Ashish Masih will become Encore’s President and CEO as current President and CEO Ken Vecchione will be leaving the company to become the President of Western Alliance Bancorporation. Mr. Vecchione will remain in his role at […]
KARTHIK IN FOR INJURED PANDEY IN CT SQUAD
NEW DELHI (TIP): Senior Tamil Nadu wicketkeeper-batsman Dinesh Karthik on May 18 earned a recall to the Indian team for the upcoming Champions Trophy after Manish Pandey was ruled out due to a side strain. Karthik was one of […]
ZOMATO HACKED, DATA OF 17 MILLION USERS STOLEN
PAYMENT INFO SAFE The stolen information contains user email addresses and ‘hashed’ passwords ? No payment information or credit card data has been stolen or leaked, Zomato said in a blogpost on its website ? The company has reset passwords for all affected users […]
