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Category: Business & Economics

3 March, 2024

Reliance-Disney merger may face CCI scrutiny over dominance fears

New Delhi (TIP)- Mukesh Ambani-led Reliance Industries and Walt Disney India's merger could attract antitrust scrutiny, experts have predicted. The…

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3 March, 2024

Google starts removing 10 apps from Play Store for not paying service fee

New Delhi (TIP)- Google on Friday, March 1, began removing some apps, including popular matrimony apps, from its Play Store…

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3 March, 2024

India’s GST revenue up 12.5% to Rs 1.68 lakh cr in February

Gross Goods and Services Tax (GST) revenue collected for February was Rs 1.68 lakh crore, a 12.5% increase compared to…

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24 February, 2024

Nvidia tops $2 trllion valuation in first for chipmakers

Nvidia added $277 billion in stock market value on Thursday, Feb 24, Wall Street’s largest one-day gain in history after…

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24 February, 2024

Byju’s shareholders remove CEO, company calls vote ‘invalid’

More than 60 percent of shareholders of edutech Byju's on Fedb 23 voted for removal of founder CEO Byju Raveendran…

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24 February, 2024

CAs from UK, Canada may be allowed to practise in India

Chartered accountants (CAs) from the UK and Canada might be allowed to practise in India on a reciprocal basis, with…

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24 February, 2024

UAE removed, Kenya and Namibia added to global money laundering list

Global anti-money laundering watchdog the Financial Action Task Force (FATF) said Friday that it had removed the United Arab Emirates…

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16 February, 2024

Walmart to focus on sourcing from India

Walmart has sourced goods worth over USD 30 billion from the Indian market in the last two decades for its…

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16 February, 2024

US economy is booming but Japan, UK slipped into recession

The US economy managed to shake off Wall Street’s gloomy forecasts and dodge a long-predicted slump last year — but…

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16 February, 2024

Stop card-based commercial payments: Central bank to Visa

The Reserve Bank on Feb 15 asked card network Visa to stop making payments through intermediaries to entities which do…

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16 February, 2024

Global banks boost India bond marketing as index day nears

Wall Street banks are ramping up efforts to attract new business in India, as billions are set to flow into…

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10 February, 2024

RBI maintains status quo, keeps key policy rate unchanged

Mumbai (TIP)- The Reserve Bank of India on Thursday, Feb 8, decided to keep policy rate unchanged for the sixth…

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10 February, 2024

Paytm’s loss is Airtel’s gain? Airtel Payments Bank sees spike in new customers

Airtel Payments Bank has experienced a remarkable surge in new customers applying online for various services, including bank account openings…

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3 February, 2024

Oil buoyed higher by US rate cut expectations

Oil prices edged higher on Thursday, Feb 1, boosted by the U.S. Federal Reserve signalling a possible start to interest…

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3 February, 2024

India Inc hails Interim Budget but rues absence of big bang announcements

New Delhi (TIP)- India Inc welcomed the Interim Budget but regretted the absence of any big bang announcement. Even though…

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3 February, 2024

Red Sea disruption hits UK manufacturing at start of 2024: PMI

British manufacturing started 2024 on a weak footing, recording an 18th consecutive month of contraction as orders fell and disruption…

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27 January, 2024

Tesla shares plunge to wipe out $73 billion in market value, after dour earnings call

London (TIP)- Shares in Tesla plunged as much as 11% after the market opened Thursday, wiping $73 billion off the…

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27 January, 2024

Govt, RBI actively engaged on digital currency, says FM

New Delhi (TIP)- Finance Minister Nirmala Sitharaman on Thursday, January 25, said the government and the Reserve Bank of India…

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27 January, 2024

Lina Khan-led FTC probing Microsoft, Google investments into GenAI companies

The US Federal Trade Commission (FTC) has issued orders to five Big Tech companies, including Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOGL),…

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19 January, 2024

Red Sea unrest is bad news for world’s fragile food supply

Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit — and threatening to…

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19 January, 2024

Apple overtakes Samsung as top seller of smartphones

Apple ended Samsung Electronics' 12-year run as the largest seller of smartphones in the world, after commanding a 20% market…

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19 January, 2024

Akasa Air says ‘confident’ about Boeing, orders 150 MAX aircraft

India's Akasa Air said on Thursday, January 18, it had ordered 150 Boeing 737 MAX narrowbody planes, showcasing its confidence…

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12 January, 2024

Microsoft dethrones Apple to become world’s most valuable company

Microsoft claimed the top spot as the world's most valuable company, edging past Apple, whose shares faced a sluggish start…

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12 January, 2024

US inflation exceeds forecasts as housing costs and energy prices rise

New York (TIP)- Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's…

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12 January, 2024

‘Can’t afford a crypto mania’: RBI governor Shaktikanta Das on cryptocurrencies

Mumbai (TIP)- The US may have green-lighted exchange-traded funds (ETFs) in bitcoin, but for India’s apex banking regulator, cryptocurrencies remain…

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6 January, 2024

Fastest-growing large economy in world, India projected to grow at 6.2% in 2024: UN

United Nations (TIP)- India is projected to grow at 6.2 per cent in 2024, supported by robust domestic demand and…

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6 January, 2024

US regulator denies Apple, Disney bids to skip votes on AI

New York (TIP) - The top U.S. securities regulator has ruled that Apple and Disney cannot avoid shareholder votes about…

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6 January, 2024

Reliance, Disney edge closer to mega India merger deal

Mukesh Ambani’s Reliance Industries and Walt Disney have appointed law firms and started antitrust due diligence of their planned Indian…

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6 January, 2024

Adani overtakes Mukesh Ambani as India’s richest man, both climb spots on world rich list

Gautam Adani, Chairperson of the Adani Group of companies has overtaken Reliance Industries Chairman Mukesh Ambani on the Bloomberg Billionaire's…

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31 December, 2023

RBI ups weight of SBI, HDFC Bank in too-big-to-fail list

Mumbai (TIP)- The Reserve Bank of India has upgraded the weightage of SBI and HDFC Bank on its list of…

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