Oil prices rebound after closing at seven-week low
Oil prices rose on May 1, rebounding from three days of losses that took prices to their lowest since mid-March.…
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(Update 12 minutes ago)Nifty hits an all-time high
Equity benchmark indices climbed in early trade on Friday, May 3, with the Nifty reaching its fresh all-time peak, following…
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Sundar Pichai’s strict missive to Google employees: ‘This is a workplace, not…’
Washington (TIP)- Sundar Pichai said that employees need to be more focused “in how we work, collaborate, discuss and even…
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India’s Infosys falls as annual revenue outlook disappoints
Bengaluru (TIP)- Shares of Infosys fell as much as 2.9% on Friday, April 19, a day after India's No.2 software…
Read MoreIndia’s crude import bill drops 16% but dependency hits new high
India’s crude oil import dropped 16 per cent in the last fiscal on lower international rates but the dependency on…
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Tesla in talks to partner with Reliance for EV manufacturing plant: Report
Electric vehicle (EV) manufacturing giant Tesla is in the initial stages of talks with Reliance Industries Limited (RIL) to form…
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US FAA probing Boeing whistleblower’s quality claims on 787,777 jets
Washington (TIP)- US air regulator is probing a Boeing whistleblower’s claims that the company dismissed safety and quality concerns in…
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Fitch downgrades outlook on China to negative, affirms ‘A’ rating
Fitch Ratings revised the outlook on China’s long-term foreign debt to negative from stable, citing increasing risks to the country’s…
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Ola to shut ops in Britain, Australia, New Zealand; to focus on India
New Delhi (TIP)- Ride-hailing services provider Ola has decided to shut down operations in the UK, Australia and New Zealand…
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Asian equities tumble, oil extends gains on Middle East worries
Asian stocks tumbled on Friday, April 5, and oil extended the previous day's surge on worries that Israel's war with…
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Tesla begins hunt for sites to build car factory in India: Report
Tesla is looking to set up a big factory in India and is sending over a team to scout for…
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No impact on EMIs as RBI keeps repo rate unchanged at 6.5%
New Delhi (TIP)- The Reserve Bank of India (RBI) has decided to keep the key repo rate unchanged at 6.5%…
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India becomes Suzuki’s second market to cross 3-cr cumulative production mark
Maruti Suzuki India Limited (MSIL), the country’s largest passenger vehicle maker, has attained cumulative production of over three crore units.…
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Visa, Mastercard reach $30 billion settlement over credit card fees
NEW YORK (TIP)- Visa and Mastercard reached an estimated $30 billion settlement to limit credit and debit card fees for…
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In a first, Reliance acquires 26% stake in Adani project
New Delhi (TIP)- In the first collaboration between rival billionaires, Mukesh Ambani’s Reliance Industries has picked up a 26 per…
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S&P Ratings raises India’s growth forecast to 6.8% for next fiscal
New Delhi (TIP)- S&P Global Ratings has raised India’s growth forecast for the next financial year to 6.8 per cent,…
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Fallen crypto mogul sent to 25 yrs in jail for fraud
Sam Bankman-Fried, co-founder of the failed crypto exchange FTX, has been sentenced to 25 years in prison for defrauding customers…
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Equity indices join rally in global markets as US Fed plans rate cut
New Delhi (TIP)- Benchmark equity indices Sensex and Nifty joined a rally in global markets on Thursday, March 21, after…
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Sam Altman’s Reddit stake rises over $200 million after IPO
OpenAI CEO Sam Altman's stake in Reddit rose by $200 million to over $613 million following the social media company's…
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JSW, MG Motor join hands to make inroads into car market
Indian conglomerate JSW Group and Chinese automotive manufacturer SAIC Motor-owned MG Motor India today kick-started their joint venture to produce…
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US sues Apple in landmark iPhone monopoly lawsuit
Washington (TIP)- The US Department of Justice sued Apple on Thursday, March 21, for illegally maintaining a monopoly for its…
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Last-minute relief for Paytm, customers can continue using app for payments
The National Payments Corporation of India (NPCI) on Thursday, March 14, granted approval to Paytm-owner One97 Communications Ltd to participate…
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China fastest in replacing workers with robots, US think tank says
China has 12½ times more robots in its workforce than expected, an independent think tank in Washington Information Technology and…
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Samsung poised to win over $6 billion for expanded US investment
Washington (TIP)- THE United States plans to award more than US$6 billion to Samsung Electronics, helping the chipmaker expand beyond…
Read More5 public sector banks to reduce govt stake to meet Sebi norms
Five public sector lenders, including Bank of Maharashtra, IOB and UCO Bank are planning to reduce government stake to less…
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US stock market: Shares rally to records ahead of jobs report
Global stock indexes rallied to record highs on Thursday, while government bond yields fell after the European Central Bank held…
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Sensex, Nifty eke out gains to settle at fresh lifetime highs
Mumbai (TIP)- Benchmark Sensex and Nifty closed at fresh record highs on March 7 following gains in metal and FMCG…
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Fed is ‘not far’ from confidence needed to cut rates, says Powell
Washington (TIP)- Federal Reserve Chair Jerome Powell suggested the central bank is getting close to the confidence it needs to…
Read MoreMoody’s ups growth forecast to 8% for FY24; India to remain fastest growing G20 nation
Moody's Ratings on Thursday, March 7, raised India's GDP growth forecast for FY24 to around 8 per cent from 6.6…
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Bitcoin surpasses $60,000 for 1st time in two years
Cryptocurrency Bitcoin on Thursday, Feb 29, surpassed $60,000 for the first time in more than two years. The jump comes…
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