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Category: Business & Economics

3 November, 2023

Disney to buy remaining 33% stake in Hulu from Comcast

New York (TIP)-Walt Disney on Wednesday, November 1, formally began the process of buying Comcast's one-third stake in Hulu, a…

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29 October, 2023

Indian economy to be 3rd largest by 2030: S&P Global Market Intelligence

New Delhi (TIP)- India, the world’s fifth largest economy, may overtake Japan by 2030 to become the world’s third-largest economy,…

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29 October, 2023

Chevron buys Hess Corp for $53 billion

Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this…

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29 October, 2023

Accounting regulator probing member firm of Adani’s auditor EY

India's accounting regulator is investigating an EY member firm that audits five companies that are part of billionaire Gautam Adani's…

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20 October, 2023

Dabur India subsidiaries face cases in US, Canada over cancer allegations

New Delhi (TIP)- Homegrown FMCG major Dabur on Wednesday said its three foreign subsidiaries are facing cases in federal and…

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20 October, 2023

Oil settles up 1% on nagging worries about Middle East

NEW YORK (TIP)- Oil prices settled higher on October 19 as traders remained nervous that Israel's military campaign in Gaza…

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20 October, 2023

Wholesale inflation in negative zone for sixth month

Wholesale Price Index-based (WPI) inflation remained negative for the sixth straight month in September due to easing prices of food…

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20 October, 2023

Maruti to buy 100% stake in SMG from parent Suzuki

Maruti Suzuki India has said its Board has approved a proposal to execute a share purchase agreement to acquire 100%…

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13 October, 2023

Gap between US income taxes owed and paid is set to keep growing, IRS says

NEW YORK (TIP)- The amount of tax money owed but not paid to the IRS is set to keep growing,…

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13 October, 2023

Mukesh Ambani reclaims top spot on Forbes list of India’s 100 Richest

New Delhi (TIP)- In a dramatic shift in the pecking order at the top, Mukesh Ambani has reclaimed the No…

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13 October, 2023

India’s factory output growth rises to 14-month high of 10.3% in Aug

India’s industrial production growth rose to a 14-month high of 10.3% in August, mainly due to good show by the…

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7 October, 2023

RBI keeps rates steady at 6.5%, warns of inflation risks

New Delhi (TIP)- In a key decision, the Reserve Bank of India on Friday, October 6, decided to leave its…

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7 October, 2023

Oil prices extend rapid descent on demand worries

HOUSTON (TIP)- Oil prices fell about 2% on Thursday, October 5, extending the previous session’s nearly 6% losses, as an…

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7 October, 2023

Reliance to buy Superdry’s South Asia IP assets

UK fashion retailer Superdry on Wednesday said it will sell its intellectual property (IP) assets in South Asia to Reliance…

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7 October, 2023

World Bank retains India’s growth projection at 6.3%

The World Bank has retained its projection of 6.3% growth in GDP during the current fiscal as against the RBI’s…

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29 September, 2023

Mercedes on track to continue record sales in 2023 amid surging demand

New Delhi (TIP)- German luxury carmaker Mercedes-Benz expects 2023 to turn out to be its best year in terms of…

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29 September, 2023

US consumer confidence Declines, fueled by energy costs

New York (TIP)- US consumer confidence fell again in September, extending a slump from August as Americans voiced concerns about…

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29 September, 2023

Ambani siblings to receive only a fee, no salary for board meetings

Billionaire Mukesh Ambani's three children as directors of Reliance Industries Ltd will be paid only a fee for attending board…

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23 September, 2023

Indian Bonds May See $25-50 Billion Inflows On JPMorgan EM Index Inclusion

New Delhi (TIP)- JPMorgan is to include Indian government bonds in its widely tracked emerging market debt index which may…

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23 September, 2023

US Federal Reserve pauses rate hikes as inflation slows down

New York (TIP)- The Federal Reserve left the main U.S. interest rate unchanged Wednesday, September 20, waiting to see if…

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23 September, 2023

No economic distress among common households: Centre

The central government on Thursday, September 21, said there is no distress among common households after a RBI report said…

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23 September, 2023

RBI to tighten norms for wilful defaulters

The RBI on Thursday, September 21, issued a new draft on action against wilful defaulters that includes publishing their photographs…

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16 September, 2023

Return property papers within 30 days of loan repayment: RBI to banks

New Delhi (TIP)- The Reserve Bank of India (RBI) on Wednesday, September 13, said regulated entities have to release original…

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16 September, 2023

India: Inflation declines to 6.83% in Aug on softening food prices

Retail inflation declined to 6.83% in August after touching a 15-month high of 7.44% in July, mainly due to softening…

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16 September, 2023

Pull iPhone 12 off shelves: French agency to Apple

A French government watchdog agency ordered Apple to withdraw the iPhone 12 from the market, saying it emits levels of…

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9 September, 2023

NTPC Partners with Apollo Hospitals

NTPC Ltd, India’s largest integrated power utility, has forged a significant partnership with Apollo Hospitals, reaffirming its steadfast commitment to…

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9 September, 2023

Rs 3,760 cr scheme to boost battery storage cleared

New Delhi (TIP)- The Government on Wednesday, September 6, approved Rs 3,760 crore for viability gap funding of up to…

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9 September, 2023

Tatas keen to acquire Haldiram’s, eyeing 51% stake in snack-maker

Tata Group’s consumer unit is in talks to buy at least 51% of popular Indian snack food maker Haldiram’s but…

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9 September, 2023

US lawmaker calls for ending Huawei, SMIC exports after chip breakthrough

New York (TIP)- The U.S. Commerce Department should end all technology exports to Huawei and China’s top semiconductor firm following…

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2 September, 2023

India’s GDP grows by 7.8% in first quarter; remains ‘fastest-growing’ major economy

New Delhi (TIP)- India remained fastest growing major economy of the world in first quarter of the current financial year.…

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