News Updates

(Update 12 minutes ago)
Latest Updates

Category: Business & Economics

15 June, 2024

India’s industrial production growth slips to three-month low in April

Mumbai (TIP)- India’s factory output based on the Index of Industrial Production (IIP) moderated to a three-month low of 5…

Read More
15 June, 2024

Fed holds rates steady, sees just one cut in 2024 despite inflation progress

Washington (TIP)- The Federal Reserve held interest rates steady on Wednesday, June 12, and pushed out the start of rate…

Read More
15 June, 2024

Adani Group plans major cement acquisitions

The Adani Group is reportedly exploring acquisition of several cement companies. On Gautam Adani's radar is Hyderabad-based Penna Cement, Gujarat-headquartered…

Read More
15 June, 2024

India’s retail inflation eases to 12-month low of 4.75%

Retail inflation eased to a one-year low of 4.75 per cent in May as prices of some kitchen items declined…

Read More
7 June, 2024

White collar hiring improving on rise in demand from oil and gas, banking, FMCG sectors: Report

Mumbai (TIP)- White collar hiring has begun improving steadily on the back of major sectors like oil and gas, banking…

Read More
7 June, 2024

$3 trillion: Nvidia beats Apple to be 2nd most valued company

Santa Clara (TIP)- Nvidia Corporation, the world's most valuable semiconductor company, has now become the first computer-chip firm to hit…

Read More
7 June, 2024

RBI maintains status quo for 8th time in a row

The Reserve Bank of India on Friday, June 7, decided to keep the policy rate unchanged for the eighth time…

Read More
2 June, 2024

Markets rebound in early trade after 5 days of decline

Equity benchmark indices rebounded in early trade on Friday, May 31, after falling for the past five days, amid a…

Read More
2 June, 2024

Google to invest $2 billion in Malaysian data center and cloud hub

KUALA LUMPUR (TIP)- Google plans to invest $2 billion in Malaysia, developing its first data center and a Google Cloud…

Read More
2 June, 2024

IMF upgrades its forecast for China’s economy

The International Monetary Fund has upgraded its forecast for China’s economy, while warning that consumer-friendly reforms are needed to sustain…

Read More
2 June, 2024

S&P raises outlook for India to ‘positive’

New Delhi (TIP)- After a gap of about 10 years, S&P Global Ratings has upped India’s outlook to positive from…

Read More
25 May, 2024

RBI approves record Rs 2.1 lakh crore dividend to Centre for FY24

Mumbai (TIP)- The Reserve Bank of India will pay a record Rs 2.1 lakh crore dividend to the government for…

Read More
25 May, 2024

US House approves crypto bill despite SEC warning of ‘immeasurable risk’

Washington (TIP)- The US House of Representatives passed a landmark bill on Wednesday that aims to establish a new regulatory…

Read More
25 May, 2024

India rises to 39th rank on global tourism index

India’s rank on the World Economic Forum’s Travel & Tourism Development Index 2024 has risen to 39th place, with global…

Read More
25 May, 2024

Paytm posts Rs 550 crore loss in Q4, hints at job cuts

One 97 Communications Ltd, the parent company of Paytm, clocked a net loss of Rs 550 crore in the January-March…

Read More
18 May, 2024

Fed’s Powell downplays potential for a rate hike despite higher price

Washington (TIP)- Federal Reserve Chair Jerome Powell said on Tuesday, May 14, that the central bank is unlikely to raise…

Read More
18 May, 2024

Honda raises electrification investment to $65 bln through FY2030

Mumbai (TIP)- Japan's Honda Motor pledged to double its electrification and software investment to about $65 billion over the 10…

Read More
18 May, 2024

India’s economy to expand 7% this yr, getting more investments than China: UN expert

United Nations (TIP)- India registered "very robust” economic growth performance and has become an alternative investment destination for many Western…

Read More
18 May, 2024

IEA cuts oil demand growth forecast by 1.4L barrels/day

The International Energy Agency (IEA) has scaled down its forecast for the growth in oil demand during 2024 as it…

Read More
11 May, 2024

India’s exports to 115 nations see uptick

India’s exports have increased to as many as 115 countries out of the total 238 destinations during 2023-24 despite the…

Read More
11 May, 2024

Sensex tanks 1,062 points amid poll jitters, across-the-board selloff

Mumbai (TIP)- Equity benchmark Sensex on Thursday, May 9, crashed over 1,000 points while the Nifty dived below the 22,000…

Read More
11 May, 2024

Biden set to impose tariffs on China’s electric vehicles, strategic sectors

President Joe Biden is set to announce new China tariffs as soon as next week targeting strategic sectors including electric…

Read More
11 May, 2024

Oil set for weekly gain as demand signs, geopolitics seen as positives

Oil rose on Friday, May 10, set for a weekly gain, as data this week from the U.S. and China,…

Read More
4 May, 2024

Adani Enterprises Q4 net profit falls 37% to Rs 450 crore

New Delhi (TIP)-A dani Enterprises Ltd, the flagship incubator of billionaire Gautam Adani’s conglomerate, on Thursday, May 2, reported a…

Read More
4 May, 2024

Oil prices rebound after closing at seven-week low

Oil prices rose on May 1, rebounding from three days of losses that took prices to their lowest since mid-March.…

Read More
4 May, 2024

Nifty hits an all-time high

Equity benchmark indices climbed in early trade on Friday, May 3, with the Nifty reaching its fresh all-time peak, following…

Read More
20 April, 2024

Sundar Pichai’s strict missive to Google employees: ‘This is a workplace, not…’

Washington (TIP)- Sundar Pichai said that employees need to be more focused “in how we work, collaborate, discuss and even…

Read More
20 April, 2024

India’s Infosys falls as annual revenue outlook disappoints

Bengaluru (TIP)- Shares of Infosys fell as much as 2.9% on Friday, April 19, a day after India's No.2 software…

Read More
20 April, 2024

India’s crude import bill drops 16% but dependency hits new high

India’s crude oil import dropped 16 per cent in the last fiscal on lower international rates but the dependency on…

Read More
12 April, 2024

Tesla in talks to partner with Reliance for EV manufacturing plant: Report

Electric vehicle (EV) manufacturing giant Tesla is in the initial stages of talks with Reliance Industries Limited (RIL) to form…

Read More