Indian banks’ bad loan ratio at a 12 year low
New Delhi (TIP)- The gross non-performing assets (GNPA) ratio of scheduled commercial banks, which moderated to a 12-year low of…
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Foreign investors find it hard to invest in Indian government bonds due to heavy paperwork
New Delhi (TIP)- Despite India’s $1.3 trillion sovereign bond market becoming very attractive for foreign investors, they face a lot…
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Airtel announces 10-21% hike in mobile tariffs from July 3
Bharti Airtel on Friday, June 28, announced between 10 and 21 per cent hike in mobile tariffs, a day after…
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India becomes third-largest domestic airline market
Driven by robust growth in the aviation sector in the last decade, India is now the third-largest domestic airline market…
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ADB sanctions USD 170 mn loan to reinforce India’s health infrastructure
New Delhi (TIP)- The Asian Development Bank (ADB) has approved a USD 170 million policy-based loan aimed at enhancing the…
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Fitch raises India’s FY25 growth forecast to 7.2%
New Delhi (TIP)- Fitch Ratings on Tuesday raised its growth estimates for India by 20 basis points to 7.2 percent…
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India’s industrial production growth slips to three-month low in April
Mumbai (TIP)- India’s factory output based on the Index of Industrial Production (IIP) moderated to a three-month low of 5…
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Fed holds rates steady, sees just one cut in 2024 despite inflation progress
Washington (TIP)- The Federal Reserve held interest rates steady on Wednesday, June 12, and pushed out the start of rate…
Read MoreAdani Group plans major cement acquisitions
The Adani Group is reportedly exploring acquisition of several cement companies. On Gautam Adani's radar is Hyderabad-based Penna Cement, Gujarat-headquartered…
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India’s retail inflation eases to 12-month low of 4.75%
Retail inflation eased to a one-year low of 4.75 per cent in May as prices of some kitchen items declined…
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White collar hiring improving on rise in demand from oil and gas, banking, FMCG sectors: Report
Mumbai (TIP)- White collar hiring has begun improving steadily on the back of major sectors like oil and gas, banking…
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$3 trillion: Nvidia beats Apple to be 2nd most valued company
Santa Clara (TIP)- Nvidia Corporation, the world's most valuable semiconductor company, has now become the first computer-chip firm to hit…
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RBI maintains status quo for 8th time in a row
The Reserve Bank of India on Friday, June 7, decided to keep the policy rate unchanged for the eighth time…
Read MoreMarkets rebound in early trade after 5 days of decline
Equity benchmark indices rebounded in early trade on Friday, May 31, after falling for the past five days, amid a…
Read MoreGoogle to invest $2 billion in Malaysian data center and cloud hub
KUALA LUMPUR (TIP)- Google plans to invest $2 billion in Malaysia, developing its first data center and a Google Cloud…
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IMF upgrades its forecast for China’s economy
The International Monetary Fund has upgraded its forecast for China’s economy, while warning that consumer-friendly reforms are needed to sustain…
Read MoreS&P raises outlook for India to ‘positive’
New Delhi (TIP)- After a gap of about 10 years, S&P Global Ratings has upped India’s outlook to positive from…
Read MoreRBI approves record Rs 2.1 lakh crore dividend to Centre for FY24
Mumbai (TIP)- The Reserve Bank of India will pay a record Rs 2.1 lakh crore dividend to the government for…
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US House approves crypto bill despite SEC warning of ‘immeasurable risk’
Washington (TIP)- The US House of Representatives passed a landmark bill on Wednesday that aims to establish a new regulatory…
Read MoreIndia rises to 39th rank on global tourism index
India’s rank on the World Economic Forum’s Travel & Tourism Development Index 2024 has risen to 39th place, with global…
Read MorePaytm posts Rs 550 crore loss in Q4, hints at job cuts
One 97 Communications Ltd, the parent company of Paytm, clocked a net loss of Rs 550 crore in the January-March…
Read MoreFed’s Powell downplays potential for a rate hike despite higher price
Washington (TIP)- Federal Reserve Chair Jerome Powell said on Tuesday, May 14, that the central bank is unlikely to raise…
Read MoreHonda raises electrification investment to $65 bln through FY2030
Mumbai (TIP)- Japan's Honda Motor pledged to double its electrification and software investment to about $65 billion over the 10…
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India’s economy to expand 7% this yr, getting more investments than China: UN expert
United Nations (TIP)- India registered "very robust” economic growth performance and has become an alternative investment destination for many Western…
Read MoreIEA cuts oil demand growth forecast by 1.4L barrels/day
The International Energy Agency (IEA) has scaled down its forecast for the growth in oil demand during 2024 as it…
Read MoreIndia’s exports to 115 nations see uptick
India’s exports have increased to as many as 115 countries out of the total 238 destinations during 2023-24 despite the…
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Sensex tanks 1,062 points amid poll jitters, across-the-board selloff
Mumbai (TIP)- Equity benchmark Sensex on Thursday, May 9, crashed over 1,000 points while the Nifty dived below the 22,000…
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Biden set to impose tariffs on China’s electric vehicles, strategic sectors
President Joe Biden is set to announce new China tariffs as soon as next week targeting strategic sectors including electric…
Read MoreOil set for weekly gain as demand signs, geopolitics seen as positives
Oil rose on Friday, May 10, set for a weekly gain, as data this week from the U.S. and China,…
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Adani Enterprises Q4 net profit falls 37% to Rs 450 crore
New Delhi (TIP)-A dani Enterprises Ltd, the flagship incubator of billionaire Gautam Adani’s conglomerate, on Thursday, May 2, reported a…
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