US bank snaps ties with Adani’s Australia project
New Delhi (TIP): Bank of New York Mellon Corp has pulled out of providing financial services to Adani Group and…
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Asian markets fluctuate as inflation remains in focus
HONG KONG (TIP): Asian markets were mixed Thursday as rising inflation fears were tempered by a report that teetering Chinese…
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US economy grew just 2% in Q3 as consumer spending slowed: Govt
WASHINGTON (TIP): The US economic expansion slowed dramatically in the third quarter to an annual rate of just two percent…
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US bans China Telecom over national security concerns
WASHINGTON (TIP): US regulators are expelling a unit of China Telecom Ltd., one of the country's three major state-owned carriers,…
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Paytm public offer, country’s biggest, to open on Nov 8
One97 Communications, which operates under Paytm brand name, will come out with the country’s biggest initial public offer on November…
Read MoreApple results hit by supply chain woes
Supply chain woes cost Apple $6 billion (roughly Rs. 44,890 crore) in sales during the company's fiscal fourth quarter, which…
Read MoreJioPhone to drive next wave of smartphone revolution: Pichai
New Delhi (TIP): As Reliance Jio gets ready to launch its next handset soon in the festive season, Alphabet and…
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Singapore tribunal rejects Future’s plea to lift ban on Reliance deal
The Singapore-based arbitrator, SIAC, has rejected Future Retail’s plea to lift the interim stay on its Rs 24,713-crore deal with…
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RBI imposes penalty on Paytm Payments Bank, Western Union
New Delhi (TIP): The Reserve Bank of India (RBI) has imposed a monetary penalty on two payment system operators for…
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India smartphone market falls 5% in Q3
New Delhi (TIP): As smartphone vendors struggled with supply issues for low-end mobile handsets, the shipments in India fell 5…
Read MoreUS budget deficit hits $2.77 trillion in 2021, 2nd highest on record
WASHINGTON (TIP): The United States budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement…
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Reliance tops India Inc in World’s Best Employers list
Reliance Industries has topped Indian corporates in the World’s Best Employers rankings 2021 published by Forbes. Reliance was placed at…
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G20 FMs back tax deal, vow to keep up recovery
ASHINGTON (TIP): Finance leaders from the G20 major economies endorsed a global deal to revamp corporate taxation and pledged to…
Read MoreMicrosoft to shut down LinkedIn in China
Microsoft on Thursday, Oct 14, said it will shut down career-oriented social network LinkedIn in China, citing a "challenging operating…
Read MoreSensex crosses 61,000 mark for the first time
Extending its winning run to the sixth straight session, equity benchmark Sensex rallied 569 points to close at a new…
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Asian shares rise as Chinese markets return from break
HONG KONG (TIP): Asian shares rose on Friday, October 8, as Chinese shares returned from a one week holiday upbeat,…
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Fitch cuts India’s growth forecast from 10% to 8.7%
New Delhi (TIP): Fitch Ratings has cut India’s economic growth forecast to 8.7% for the current fiscal but raised GDP…
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Tata Motors in talks to buy Ford’s Gujarat, Tamil Nadu units
Tata Motors is in early talks with Ford to buy the latter’s units in Tamil Nadu and Gujarat, according to…
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Reliance Retail to launch 7-Eleven stores in India
Adding to its burgeoning retail empire, billionaire Mukesh Ambani’s Reliance Retail will bring 7-Eleven convenience stores to India, days after…
Read MoreIndian digital payments at record high: Sitharaman
India is better than most of the world in the adoption of Fintech or automated financial services. “India’s adoption rate…
Read MoreCrude nears USD 80/barrel
Petrol price on Tuesday was hiked by 20 paise per litre and diesel by 25 paise as international oil prices…
Read MoreDebt limit, bond yields and Delta hammer Wall Street
NEW YORK (TIP): It was a bad day for US stocks on Tuesday (Sept 28) as poor consumer confidence data,…
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Don’t fill old water bottles with petrol: UK begs drivers queuing at gas pumps
Britain's transport minister Grant Shapp requested drivers on Tuesday to avoid filling up old water bottles with fuel at petrol…
Read MoreSEBI clears framework for setting up gold and social stock exchange
SEBI’s Board on Tuesday cleared a proposal for setting up a gold exchange wherein the yellow metal will be traded…
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Banks can now sell fraud loans to ARCs
Mumbai (TIP): The Reserve Bank of India (RBI) on Friday, Sept 24, allowed banks to sell fraud loan exposures to…
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Sensex scripts history, crosses 60,000 mark for first time; Nifty nears 18,000
Mumbai (TIP): The BSE Sensex made history on Friday, Sept 24, by reaching the 60,000 mark for the first time…
Read MoreADB slashes India’s GDP growth forecast
The Asian Development Bank (ADB) has lowered India’s growth projections for the current financial year by a percentage point to…
Read MoreChina declares all cryptocurrency transactions illegal
China’s central bank on Friday, Sept 24, declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a…
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PM Modi meets CEOs of five top American Companies; encourages them to invest in India
September 23, 2021 TIP Special Correspondent WASHINGTON, DC (TIP): Prime Minister Narendra Modi on Thursday, September 23, met a group…
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Microsoft to buy back up to $60 bln in shares
Microsoft Corp said it will conduct an up to $60 billion share buyback program, raise its quarterly dividend by 11%,…
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