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Category: Business & Economics

9 September, 2016

RAGHURAM RAJAN WARNS AGAINST LOW RATES WORLDWIDE

MUMBAI (TIP): Three years before the 2008 global financial crisis, an Indian economist named Raghuram G Rajan+ presciently warned a…

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9 September, 2016

US stocks flat ahead of expected Apple iPhone 7 launch

NEW YORK (TIP): US stocks were little changed early Wednesday ahead of Apple's expected launch+ of a new iPhone 7…

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7 September, 2016

India is the world’s fastest growing major economy

Gross domestic product growth dipped to 7.1% in the quarter ended June, a disappointing performance but one that still trumps…

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4 September, 2016

Enforcement Directorate attaches Vijay Mallya’s properties worth 6,630 crore

NEW DELHI: The Enforcement Directorate (ED) on Saturday attached RS 6,630 crore worth properties belonging to loans defaulter Vijay Mallya,…

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2 September, 2016

RELIANCE JIO LAUNCH SET TO JOLT INDIA’S TELECOM SECTOR

MUMBAI (TIP): Reliance Industries Ltd’s (RIL) telecom unit will start offering services from 5 September, but the commercial launch will…

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2 September, 2016

TAX DODGERS MUST COME CLEAN OR FACE ACTION, SAYS ARUN JAITLEY

MUMBAI: The Income Declaration Scheme (IDS), 2016, which closes on September 30, offers a chance to come clean, or else…

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2 September, 2016

Scientific co-operation between India & US seeks to have greater social impact

ATLANTA (TIP): The World Affairs Council of Atlanta and the American India Foundation [AIF] hosted, August 18, Dr. Rajeev Tayal,…

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2 September, 2016

US trade deficit hits $44.5 billion, biggest in 10 months

WASHINGTON (TIP): The US trade deficit increased to the highest point in 10 months, driven up by a big rise…

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2 September, 2016

Indian American IIT-Alumni @AjeiGopal Named CEO Of ANSYS

Indian American Ajei Gopal has been named CEO of US-based software firm ANSYS that produces engineering simulation software used for…

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2 September, 2016

English no longer a must to drive a cab in NYC

NEW YORK (TIP): People who hope to drive New York City's famous yellow cabs must pass tests on such details…

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2 September, 2016

GENERAL MOTORS RECALLS CHEVROLET CRUZE CARS

CHENNAI (TIP): Voluntary recalls are becoming quite common in the Indian automobile market particularly as more and more car companies…

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1 September, 2016

RBI LETS BANKS ISSUE MASALA BONDS, TO ACCEPT CORPORATE BONDS IN LAF

MUMBAI (TIP): Reserve Bank on Thursday announced a slew of changes in fixed income and currency markets such as allowing…

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26 August, 2016

WHY MODI CHOSE URJIT PATEL AS RBI GOVERNOR

NEW DELHI (TIP): How the governor of the Reserve Bank of India came to be finalised is an interesting story.…

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26 August, 2016

CBI, ED GET DETAILS OF MALLYA’S ASSETS ABROAD

NEW DELHI: In what could take the probe against Vijay Mallya forward, the CBI and the Enforcement Directorate (ED) have received…

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26 August, 2016

Opposition divided over government’s plan to advance Union budget to January

NEW DELHI (TIP): The Modi government’s plan to announce the General Budget in January might get the Congress’ support, even…

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26 August, 2016

SAUDI SIGNALS AT RAISING OIL OUTPUT AHEAD OF FREEZE TALKS

MOSCOW/DUBAI (TIP): Saudi Arabia is sending signals that it could boost its crude oil supplies in August to a new…

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26 August, 2016

Patanjali becomes third largest FMCG seller at Future Retail

NEW DELHI (TIP): Baba Ramdev promoted Patanjali Ayurved has become the third largest seller of FMCG products at the shelves…

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26 August, 2016

Another dope controversy hits NADA

NEW DELHI (TIP): Close on the heels of the Narsingh Yadav+ controversy, another athlete banned for doping has moved Delhi…

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25 August, 2016

Former RBI Deputy Governor Rakesh Mohan Named Senior Fellow At Yale Institute

NEW YORK: Top economist and RBI's former deputy governor Rakesh Mohan has been named senior fellow at the prestigious Yale…

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19 August, 2016

KODAK FORAYS INTO HD LED TVS WITH SPPL

Eastman Kodak company, known for its films and cameras, on Thursday forayed into the HD LED TV business by entering…

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19 August, 2016

ICICI Bank introduces payment service using smartphone keyboard

COIMBATORE: ICICI Bank on Thursday unveiled a payment service that uses a smartphone keyboard. Christened 'iMobile SmartKeys', this feature enables 'iMobile'…

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19 August, 2016

SINGTEL CONSOLIDATES HOLDING IN BHARTI AIRTEL AHEAD OF SPECTRUM AUCTIONS

NEW DELHI (TIP): Singapore Telecommunications (Singtel), the largest shareholder in Bharti Airtel, is consolidating its equity in the country's top mobile…

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19 August, 2016

MOODY’S RETAINS INDIA GDP FORECAST, UPS CHINA’S ESTIMATES

NEW DELHI (TIP): Moody's Investors Service has retained India's growth forecast at 7.5 per cent for 2016 but revised upwards…

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19 August, 2016

Saudi signals at raising oil output ahead of freeze talks

MOSCOW/DUBAI (TIP): Saudi Arabia is sending signals that it could boost its crude oil supplies in August to a new…

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19 August, 2016

BREXIT MAY BE DELAYED UNTIL 2019: REPORT

LONDON (TIP): Britain may remain a member of the European Union (EU) until 2019, a year longer than previously estimated,…

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18 August, 2016

Intel Acquires Indian American-led San Diego-based Firm Nervana Systems

San Diego based deep learning startup Nervana Systems, headed by Indian Americans, has been acquired by Intel as per media…

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15 August, 2016

Indian Origin Student’s Device To Keep Disaster-Hit Areas Connected

LONDON: Disruptions in phone connectivity in disaster-hit areas could soon be a thing of the past -- thanks to a…

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12 August, 2016

Property Tax Relief for Nassau County Homeowners

MINEOLA, NY (TIP): As part of his continued efforts to help homeowners reduce their property tax burden, County Executive Edward…

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12 August, 2016

Two Women among 25 Highest Paid Indian-American Executives

BOSTON (TIP): Sundar Pichai, Chief Executive Officer of Google, and General Growth Properties CEO Sandeep Mathrani are the two highest-paid…

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8 August, 2016

PM Modi On GST Bill

Prime Minister Narendra Modi on Monday, August 8, spoke on the Good And Service Tax (GST) bill in the Lok…

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