World’s biggest bank forced to trade via USB stick after hack
New York (TIP) - On Thursday, November 9, trades handled by the world’s largest bank in the globe’s biggest market…
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(Update 12 minutes ago)Adani’s Colombo port terminal project to get USD 553 million funding from US DFC
The US International Development Finance Corporation (DFC) will provide USD 553 million financing to Colombo West International Terminal Pvt Ltd…
Read MoreApple suffers setback in fight against EU’s $14 bn tax order
Apple might end up on the hook after all for billions of Euros in back taxes to Ireland in the…
Read MoreAdani buys remaining 51% stake in Quintillion Business Media
Billionaire Gautam Adani’s group has acquired the remaining 51% stake in Quintillion Business Media Pvt Ltd to take full control…
Read MoreGovt allows direct overseas listing of Indian companies
In a significant move, the government has permitted Indian companies to list on foreign exchanges, subject to certain conditions. The…
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Fed keeps rates unchanged, Powell hedges on possible end of tightening campaign
Washington (TIP) -The Federal Reserve held interest rates steady on Wednesday as policymakers struggled to determine whether financial conditions may…
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Disney to buy remaining 33% stake in Hulu from Comcast
New York (TIP)-Walt Disney on Wednesday, November 1, formally began the process of buying Comcast's one-third stake in Hulu, a…
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Indian economy to be 3rd largest by 2030: S&P Global Market Intelligence
New Delhi (TIP)- India, the world’s fifth largest economy, may overtake Japan by 2030 to become the world’s third-largest economy,…
Read MoreChevron buys Hess Corp for $53 billion
Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this…
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Accounting regulator probing member firm of Adani’s auditor EY
India's accounting regulator is investigating an EY member firm that audits five companies that are part of billionaire Gautam Adani's…
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Dabur India subsidiaries face cases in US, Canada over cancer allegations
New Delhi (TIP)- Homegrown FMCG major Dabur on Wednesday said its three foreign subsidiaries are facing cases in federal and…
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Oil settles up 1% on nagging worries about Middle East
NEW YORK (TIP)- Oil prices settled higher on October 19 as traders remained nervous that Israel's military campaign in Gaza…
Read MoreWholesale inflation in negative zone for sixth month
Wholesale Price Index-based (WPI) inflation remained negative for the sixth straight month in September due to easing prices of food…
Read MoreMaruti to buy 100% stake in SMG from parent Suzuki
Maruti Suzuki India has said its Board has approved a proposal to execute a share purchase agreement to acquire 100%…
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Gap between US income taxes owed and paid is set to keep growing, IRS says
NEW YORK (TIP)- The amount of tax money owed but not paid to the IRS is set to keep growing,…
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Mukesh Ambani reclaims top spot on Forbes list of India’s 100 Richest
New Delhi (TIP)- In a dramatic shift in the pecking order at the top, Mukesh Ambani has reclaimed the No…
Read MoreIndia’s factory output growth rises to 14-month high of 10.3% in Aug
India’s industrial production growth rose to a 14-month high of 10.3% in August, mainly due to good show by the…
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RBI keeps rates steady at 6.5%, warns of inflation risks
New Delhi (TIP)- In a key decision, the Reserve Bank of India on Friday, October 6, decided to leave its…
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Oil prices extend rapid descent on demand worries
HOUSTON (TIP)- Oil prices fell about 2% on Thursday, October 5, extending the previous session’s nearly 6% losses, as an…
Read MoreReliance to buy Superdry’s South Asia IP assets
UK fashion retailer Superdry on Wednesday said it will sell its intellectual property (IP) assets in South Asia to Reliance…
Read MoreWorld Bank retains India’s growth projection at 6.3%
The World Bank has retained its projection of 6.3% growth in GDP during the current fiscal as against the RBI’s…
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Mercedes on track to continue record sales in 2023 amid surging demand
New Delhi (TIP)- German luxury carmaker Mercedes-Benz expects 2023 to turn out to be its best year in terms of…
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US consumer confidence Declines, fueled by energy costs
New York (TIP)- US consumer confidence fell again in September, extending a slump from August as Americans voiced concerns about…
Read MoreAmbani siblings to receive only a fee, no salary for board meetings
Billionaire Mukesh Ambani's three children as directors of Reliance Industries Ltd will be paid only a fee for attending board…
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Indian Bonds May See $25-50 Billion Inflows On JPMorgan EM Index Inclusion
New Delhi (TIP)- JPMorgan is to include Indian government bonds in its widely tracked emerging market debt index which may…
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US Federal Reserve pauses rate hikes as inflation slows down
New York (TIP)- The Federal Reserve left the main U.S. interest rate unchanged Wednesday, September 20, waiting to see if…
Read MoreNo economic distress among common households: Centre
The central government on Thursday, September 21, said there is no distress among common households after a RBI report said…
Read MoreRBI to tighten norms for wilful defaulters
The RBI on Thursday, September 21, issued a new draft on action against wilful defaulters that includes publishing their photographs…
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Return property papers within 30 days of loan repayment: RBI to banks
New Delhi (TIP)- The Reserve Bank of India (RBI) on Wednesday, September 13, said regulated entities have to release original…
Read MoreIndia: Inflation declines to 6.83% in Aug on softening food prices
Retail inflation declined to 6.83% in August after touching a 15-month high of 7.44% in July, mainly due to softening…
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