RBI introduces card tokenisation facility at bank level
The RBI has introduced a Card-on-File (CoF) token facility at the level of banks and other institutions to provide convenience…
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(Update 12 minutes ago)US business activity picks up in December: S&P Global survey
U.S. business activity picked up in December amid rising orders and demand for workers, which could further help to allay…
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US Fed holds key interest rate steady, signals 3 cuts in 2024
Washington (TIP)- The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, a sign that…
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Apple’s valuation may soon be more than Europe’s largest stock market
Technology giant Apple is known to be one of the biggest and most profitable name in the industry. But on…
Read MoreAmid optimistic trend in global markets, Sensex, Nifty hit record highs
Benchmark equity indices Sensex and Nifty surged to all-time high levels in early trade on Friday, December 15, amid an…
Read MoreWholesale price inflation hits an 8-month high of 0.26% in November
India's wholesale inflation stepped out of the deflationary zone for the first time since March 2023 as it rose to…
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Airline industry to rake in $25.7 bn profit in 2024 India a hugely exciting market: IATA
Geneva (TIP) - The airline industry is projected to post a net profit of USD 25.7 billion and revenue at…
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Stock markets snap seven-day winning run; Sensex falls 132 points
Mumbai (TIP)- Benchmark equity indices Sensex and Nifty snapped their seven-day winning streak on Thursday, December 7, due to profit…
Read MoreArbitration pacts can be binding on non-signatory firms, rules SC
Expanding the scope and ambit of the term ‘party’ under the arbitration law, the Supreme Court ruled that arbitration agreements…
Read MoreAdani to invest $75 bn to scale up renewable energy portfolio
Adani Group has plans to invest $75 billion on energy transition initiatives by 2030, its chairman Gautam Adani said on…
Read MoreIndia to be third largest economy by 2030: S&P
Global Ratings agency S&P said India will be the world’s third-largest economy by 2030, but a major test for the…
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Elon Musk launches profane attack on X advertisers
New York (TIP) -In a profanity-laced outburst, Elon Musk has slammed advertisers that have left X, warning they will kill…
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India’s GDP growth accelerates to 7.6% in July-September quarter
New Delhi (TIP)- India's gross domestic product (GDP) for the second quarter of the ongoing financial year accelerated to 7.6…
Read MoreAverage long-term US mortgage rate falls to 7.22%
The average long-term U.S. mortgage rate fell for the fifth week in a row, more good news for prospective homebuyers…
Read MoreAlibaba arm exits Zomato, sells stake for Rs 3,337 crore
Alipay Singapore Holding, an arm of Chinese e-commerce giant Alibaba, on Wednesday divested its entire 3.44% stake in food delivery…
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Adani-Hindenburg case: ‘Don’t have to treat Hindenburg report as a statement of truth’: SC
New Delhi (TIP)- The Supreme Court on Friday, November 24, observed that the Hindenburg Research report should not be treated…
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JP Morgan says unsecured loans to China developers a ‘risky move’
Beijing (TIP) - Any step by China to allow banks to provide unsecured loans to eligible developers “would be a…
Read MoreGovt set to miss divestment target by Rs 30,000 crore
The government will struggle to raise even half the proceeds it had targeted from planned sales of state-run firms this…
Read MoreBerkshire Hathaway exits Paytm; sells 2.46% stake for Rs 1,371 crore
Billionaire Warren Buffet-backed Berkshire Hathaway Inc on Friday, November 24, divested its entire 2.46% stake in Paytm’s parent company One97…
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India’s exports rise 6.21 pc to $33.57 billion in Oct; trade deficit widens to $31.36 billion
New Delhi (TIP)- India’s merchandise exports rose 6.21 per cent to USD 33.57 billion in October this year, even as…
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China’s Alibaba scraps cloud unit spin-off citing US chip curbs
Beijing (TIP)- Chinese e-commerce giant Alibaba said Thursday, November 16, it was cancelling a planned cloud service spinoff announced this…
Read More‘Sahara matter will continue even after Subrata Roy’s death’: Sebi chief
Sebi chairperson Madhabi Puri Buch on Thursday, November 16, said the Sahara matter will continue for the capital markets regulator…
Read MoreReliance JioCinema signs up Pokemon in kids entertainment push: Report
The entertainment unit of India’s Reliance has signed a deal with The Pokemon Company to show children’s shows and movies…
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Domestic demand to sustain India’s growth, says Moody’s
New Delhi (TIP)- Moody’s Investors Service on Thursday, November 9, retained India’s economic growth forecast for 2023 at 6.7% and…
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World’s biggest bank forced to trade via USB stick after hack
New York (TIP) - On Thursday, November 9, trades handled by the world’s largest bank in the globe’s biggest market…
Read MoreAdani’s Colombo port terminal project to get USD 553 million funding from US DFC
The US International Development Finance Corporation (DFC) will provide USD 553 million financing to Colombo West International Terminal Pvt Ltd…
Read MoreApple suffers setback in fight against EU’s $14 bn tax order
Apple might end up on the hook after all for billions of Euros in back taxes to Ireland in the…
Read MoreAdani buys remaining 51% stake in Quintillion Business Media
Billionaire Gautam Adani’s group has acquired the remaining 51% stake in Quintillion Business Media Pvt Ltd to take full control…
Read MoreGovt allows direct overseas listing of Indian companies
In a significant move, the government has permitted Indian companies to list on foreign exchanges, subject to certain conditions. The…
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Fed keeps rates unchanged, Powell hedges on possible end of tightening campaign
Washington (TIP) -The Federal Reserve held interest rates steady on Wednesday as policymakers struggled to determine whether financial conditions may…
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