UAE removed, Kenya and Namibia added to global money laundering list
Global anti-money laundering watchdog the Financial Action Task Force (FATF) said Friday that it had removed the United Arab Emirates…
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Walmart to focus on sourcing from India
Walmart has sourced goods worth over USD 30 billion from the Indian market in the last two decades for its…
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US economy is booming but Japan, UK slipped into recession
The US economy managed to shake off Wall Street’s gloomy forecasts and dodge a long-predicted slump last year — but…
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Stop card-based commercial payments: Central bank to Visa
The Reserve Bank on Feb 15 asked card network Visa to stop making payments through intermediaries to entities which do…
Read MoreGlobal banks boost India bond marketing as index day nears
Wall Street banks are ramping up efforts to attract new business in India, as billions are set to flow into…
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RBI maintains status quo, keeps key policy rate unchanged
Mumbai (TIP)- The Reserve Bank of India on Thursday, Feb 8, decided to keep policy rate unchanged for the sixth…
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Paytm’s loss is Airtel’s gain? Airtel Payments Bank sees spike in new customers
Airtel Payments Bank has experienced a remarkable surge in new customers applying online for various services, including bank account openings…
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Oil buoyed higher by US rate cut expectations
Oil prices edged higher on Thursday, Feb 1, boosted by the U.S. Federal Reserve signalling a possible start to interest…
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India Inc hails Interim Budget but rues absence of big bang announcements
New Delhi (TIP)- India Inc welcomed the Interim Budget but regretted the absence of any big bang announcement. Even though…
Read MoreRed Sea disruption hits UK manufacturing at start of 2024: PMI
British manufacturing started 2024 on a weak footing, recording an 18th consecutive month of contraction as orders fell and disruption…
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Tesla shares plunge to wipe out $73 billion in market value, after dour earnings call
London (TIP)- Shares in Tesla plunged as much as 11% after the market opened Thursday, wiping $73 billion off the…
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Govt, RBI actively engaged on digital currency, says FM
New Delhi (TIP)- Finance Minister Nirmala Sitharaman on Thursday, January 25, said the government and the Reserve Bank of India…
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Lina Khan-led FTC probing Microsoft, Google investments into GenAI companies
The US Federal Trade Commission (FTC) has issued orders to five Big Tech companies, including Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOGL),…
Read MoreRed Sea unrest is bad news for world’s fragile food supply
Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit — and threatening to…
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Apple overtakes Samsung as top seller of smartphones
Apple ended Samsung Electronics' 12-year run as the largest seller of smartphones in the world, after commanding a 20% market…
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Akasa Air says ‘confident’ about Boeing, orders 150 MAX aircraft
India's Akasa Air said on Thursday, January 18, it had ordered 150 Boeing 737 MAX narrowbody planes, showcasing its confidence…
Read MoreMicrosoft dethrones Apple to become world’s most valuable company
Microsoft claimed the top spot as the world's most valuable company, edging past Apple, whose shares faced a sluggish start…
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US inflation exceeds forecasts as housing costs and energy prices rise
New York (TIP)- Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's…
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‘Can’t afford a crypto mania’: RBI governor Shaktikanta Das on cryptocurrencies
Mumbai (TIP)- The US may have green-lighted exchange-traded funds (ETFs) in bitcoin, but for India’s apex banking regulator, cryptocurrencies remain…
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Fastest-growing large economy in world, India projected to grow at 6.2% in 2024: UN
United Nations (TIP)- India is projected to grow at 6.2 per cent in 2024, supported by robust domestic demand and…
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US regulator denies Apple, Disney bids to skip votes on AI
New York (TIP) - The top U.S. securities regulator has ruled that Apple and Disney cannot avoid shareholder votes about…
Read MoreReliance, Disney edge closer to mega India merger deal
Mukesh Ambani’s Reliance Industries and Walt Disney have appointed law firms and started antitrust due diligence of their planned Indian…
Read MoreAdani overtakes Mukesh Ambani as India’s richest man, both climb spots on world rich list
Gautam Adani, Chairperson of the Adani Group of companies has overtaken Reliance Industries Chairman Mukesh Ambani on the Bloomberg Billionaire's…
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RBI ups weight of SBI, HDFC Bank in too-big-to-fail list
Mumbai (TIP)- The Reserve Bank of India has upgraded the weightage of SBI and HDFC Bank on its list of…
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Oil prices rise amid fears over escalating tensions in Middle East
Tokyo (TIP) - Oil prices rose in early Asian trade on Thursday, December 28, as persistent fears over escalating tensions…
Read MoreMicrosoft to pay ex-CEO Steve Ballmer $1 billion a year ‘for doing nothing’
Already among the world's richest people, ex-Microsoft CEO Steve Ballmer is now set to receive nearly $1 billion (approx. ?8300…
Read MoreGlobal PC industry sales to drop to $219.2 bn in 2024, third year of decline
Facing a third year of decline, the global PC industry outlook for 2024 does not look optimistic and its revenue…
Read MorePatent dispute: Apple to halt sales of its newest watches in US
If two of the latest Apple Watches are on your holiday shopping list, don’t dawdle for much longer because the…
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UK inflation falls by more than anticipated to 2-year low of 3.9% in Nov
London (TIP)- Inflation in the UK as measured by the consumer prices index eased back to its lowest level in…
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Google is paying $700 million to settle antitrust charges over Play Store
Google has agreed to pay $700 million and offered several other concessions to nearly 102 million customers in the US…
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