Why US inflation is so high, and when it may ease
WASHINGTON (TIP)- Last year, it was a nasty surprise. And it wasn’t supposed to last. But now, inflation has become…
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Invest in crypto at your own risk, cautions RBI Governor
New Delhi (TIP)- Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned investors on cryptocurrencies stating that they should…
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RBI maintains status quo, keeps key rates unchanged
New Delhi (TIP)- In its first monetary policy of the current calendar year, the RBI on Thursday, Feb 10, held…
Read MoreIndia Weighing 5% Stake Sale In LIC’s Mega IPO: Report
New Delhi (TIP)- India is considering selling about 5% of the shares it holds in a state insurer as it…
Read More$113 billion in 2021: India-US goods trade marks new record
WASHINGTON/ NEW DELHI (TIP)-In yet another sign of the deepening economic relationship between India and the United States (US), bilateral…
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Sell assets of Future Retail to recover dues, lenders tell SC
New delhi (TIP)-A consortium of 27 banks on Thursday, Feb 3, told the Supreme Court the money lent to Future…
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Wall Street ends winning run as Facebook forecast halts tech-led recovery
NEW YORK (TIP)- Wall Avenue snapped a four-session successful streak on Thursday, Feb 3, with all three benchmarks ending decrease…
Read MoreCrypto tax doesn’t bestow legality to trade, says I-T Dept
New delhi (TIP)-The Budget announcement of taxing ‘virtual digital assets’ or crypto currencies will help the Income-Tax Department measure the…
Read MoreAll in a day: Zuckerberg loses $29bn, Bezos set to pocket $20bn
New York (TIP)-Mark Zuckerberg lost $29 billion in net worth on Thursday, Feb 3, as Meta Platforms Inc's stock marked…
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Google’s parent Alphabet seeks more investors in 20-for-1 stock split
Alphabet Inc. announced a 20-for-1 stock split in the form of a one-time special stock dividend, aiming to draw a…
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India’s economy has some bright spots, a number of very dark stains, says Raghuram Rajan
New delhi (TIP)-The Indian economy has "some bright spots and a number of very dark stains" and the government should…
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Sensex snaps 5-day rout, rebounds 367 points
Mumbai (TIP)-Snapping its five-session losing streak, equity benchmark Sensex rebounded 367 points on Tuesday, January 25, boosted by strong gains…
Read MoreIMF slashes India’s economic growth forecast to 9% in FY22
Washington (TIP)-The International Monetary Fund (IMF) has cut India’s economic growth forecast to 9% for the current fiscal year ending…
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Microsoft profits up 21%, giving cushion for gaming push
washington (TIP)- Demand for Microsoft’s cloud-computing services and work software helped boost its quarterly profits by 21% as the pandemic…
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Nod to equity infusion of Rs 1,500 cr in IREDA
New Delhi (TIP)- The government on January 19 approved Rs 1,500 crore for equity infusion in the public sector renewal…
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FDI flows to India slip 26 per cent in 2021: UN report
United Nations (TIP)- Foreign Direct Investment (FDI) flows to India in 2021 were 26 per cent lower, mainly because large…
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China cuts lending rates, boosting property firms
BEIJING (TIP) : China further reduced bank lending costs Thursday in the latest move to boost its stuttering economy, providing…
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India, Tesla in ‘weird stalemate’ on tax cut demands with no investment pledge
New delhi (TIP)- Tesla is desperate to import and sell its electric vehicles in India and has for nearly a…
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WB retains India’s growth forecast at 8.3%
New delhi (TIP)- The World Bank has retained India’s economic growth forecast for the current fiscal at 8.3% as the…
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Record US inflation growing concern for Fed, business
Washington (TIP)- The scourge of rising costs now ranks amongst American enterprise leaders’ high considerations, in response to a survey…
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Yezdi makes a comeback
Mumbai (TIP)- Classic Legends on Thursday re-launched the iconic motorcycle brand Yezdi in the country with the roll out of…
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Government may not run Vodafone Idea, says CEO
New delhi (TIP)- After Vodafone Idea’s (VIL) stock crashed as alarmed investors started dumping shares on the news that the…
Read MoreIndia, UK aim to finalise FTA agreement by year-end
New delhi (TIP)- Britain has made a deal with India one of its post-Brexit priorities as, free from the European…
Read MoreXiaomi penalised Rs653 cr for evading import duty
New delhi (TIP): Chinese mobile phone giant Xiaomi has been slapped with a demand of Rs 653 crore by the…
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Bitcoin, Ether near multi-month lows following hawkish fed minutes
HONG KONG (TIP)- Bitcoin fell below $43,000 on Thursday, testing multi-month lows after minutes from the Federal Reserve's last meeting…
Read MoreHughes, Airtel form JV for sat broadband
New delhi (TIP)- Hughes Communications India Private Ltd and Bharti Airtel have formed a joint venture to provide satellite broadband…
Read MoreReliance takes 26% stake in delivery firm Dunzo for $200 million
New delhi (TIP)- Reliance Industries Ltd's retail arm has invested $200 million for a 25.8% stake in Indian online delivery…
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Gold to add glitter in 2022 on pandemic woes, strong dollar
Mumbai (TIP) : Gold, which lost its sheen to some extent in the second half of 2021, is likely to…
Read MoreUS lawmakers take a dig at Elon Musk for bragging about paying $11 bn in taxes
New York (TIP) : Top US lawmakers, including Indian-American Congresswoman Pramila Jayapal, have criticised Elon Musk, the world's wealthiest man…
Read MoreIndia’s GDP expected to grow at 9% in FY22, FY23: ICRA
New delhi (TIP) : The Indian economy is expected to maintain a real gross domestic product (GDP) growth of 9%…
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