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Category: Business & Economics

15 October, 2022

Elon Musk under probe by US authorities over $44 billion deal: Twitter

Tesla CEO Elon Musk is being investigated in connection with his $44 billion acquisition of Twitter, the microblogging site said…

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15 October, 2022

IMF projects India’s debt ratio at 84% of GDP by year-end

India’s debt ratio is projected at 84 per cent of its GDP by the end of 2022, which is higher…

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9 October, 2022

Four Indian-Americans in Forbes 400 rich list

Vinod Khosla, Romesh Wadhwani and Rakesh Gangwal made it to the Forbes 2022 list. Indian-Americans Vinod Khosla, Romesh Wadhwani and…

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9 October, 2022

UN agency warns of recession linked to ‘imprudent’ monetary policy

A United Nations agency warned on Monday of the risk of a monetary policy-induced global recession that would have especially…

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9 October, 2022

Recession avoidable with right fiscal policies: IMF

Global recession can be avoided if governments’ fiscal policies were consistent with monetary policy tightening, but likely there would be…

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9 October, 2022

Elon Musk may go ahead with original price of $54.20 a share for Twitter

Elon Musk is proposing to buy Twitter Inc. for the original offer price of $54.20 a share, potentially avoiding a…

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1 October, 2022

India climbs six notches to 40th position in Global Innovation Index 2022

India climbed six notches to 40th position in the Global Innovation Index 2022 on account of improvement in several parameters,…

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1 October, 2022

Global recession likely as cost of living soars: Chief economists’ survey

A global recession is becoming increasingly likely due to stubbornly high inflation and real wages continuing to fall, the World…

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1 October, 2022

External debt rises by 7.1% to breach $600 bn-mark

India’s external debt has risen by 7.1% to $617.1 billion in June 2022 as against $575.3 billion during the corresponding…

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1 October, 2022

India star among emerging market economies, says S&P

S&P Global Ratings on Thursday , September 29, said rising rates and increased European energy insecurity are hitting growth in…

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19 September, 2022

Global recession looms on broadest rate hikes in five decades: World Bank

The global economy may face a recession next year caused by an aggressive wave of policy tightening that could yet…

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19 September, 2022

Fitch lowers India’s FY 2023 GDP growth forecast to 7% from 7.8%: Report

Fitch Ratings on Thursday slashed India’s economic growth forecast for FY23 to 7% from 7.8% projected in June, and said…

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19 September, 2022

India’s trade deficit widened to $27.98 billion in August: Govt

India's merchandise trade deficit in August widened to $27.98 billion from $11.71 billion a year earlier, revised data released by…

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17 September, 2022

Gautam Adani Briefly Listed As World’s Second-Richest Person

Gautam Adani became the world's second richest person on September 16 , but only for a brief period. The tycoon…

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17 September, 2022

Bloodbath on Dalal Street: Recession, rate hike fears wreck stocks

Equity benchmarks spiralled lower for the third session on the trot on Friday, September 16, in lockstep with a sell-off…

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9 September, 2022

iPhone 14, iPhone 14 Plus, iPhone 14 Pro, iPhone 14 Pro Max launched

New Delhi (TIP)- Apple's latest line-up of iPhones will boast better cameras, faster processors, and a longer lasting battery —…

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9 September, 2022

Elon Musk’s 20 Million Tesla Sales Goal By 2030 Driven By Battery Technology

The secret behind Elon Musk's goal of selling 20 million Tesla's a year by 2030 lies in its pioneering battery…

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9 September, 2022

US bars ‘advanced tech’ firms from building China factories for 10 years

US tech companies that receive federal funding will be barred from building "advanced technology" facilities in China for 10 years,…

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9 September, 2022

Euro falls to new 20-year low vs dollar

Europe's currency slumped to a 20-year low against the dollar as regional energy prices surged after Russia's Gazprom halted its…

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9 September, 2022

Adani Group to build three giga factories as part of $70 bn green investment

Billionaire businessman Gautam Adani today sought more collaboration between India and the US on healthcare, defence and cyber technologies while…

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2 September, 2022

IndiGo, Virgin Atlantic in codeshare pact

The country’s largest airline IndiGo and British carrier Virgin Atlantic on Wednesday announced a codeshare agreement. Under the pact, Virgin…

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2 September, 2022

Adani world’s third richest, first from Asia

Adani Group’s chairman Gautam Adani is now the world’s third-richest person after overtaking France’s Bernard Arnault according to Bloomberg Billionaires…

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2 September, 2022

Fed officials see U.S. interest rates rising further

New York (TIP)- U.S. Federal Reserve officials on Tuesday reiterated their support for further interest-rate hikes to quell inflation, with…

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21 August, 2022

DoT allocates spectrum, telcos told to gear up for 5G launch

The Department of Telecommunications (DoT) has allocated spectrum to telecom operators, paving the way for the launch of 5G services.…

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21 August, 2022

Oil at 6-month low, petrol at breakeven

International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose…

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21 August, 2022

UK inflation hits 10.1% as cost of living continues to soar

In Britain, the cost of living soared again in July, putting further strain on under-pressure families across the UK. Consumer…

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21 August, 2022

Elon Musk targets ad tech firms in Twitter suit over takeover deal

Billionaire entrepreneur Elon Musk, who is attempting to walk away from his deal to acquire Twitter Inc , is seeking…

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16 August, 2022

Ace stock market investor Rakesh Jhunjhunwala dies at 62

Mumbai  (TIP)- Ace stock market investor Rakesh Jhunjhunwala, often referred to as India’s Warren Buffett, died here Sunday, August 14,…

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16 August, 2022

‘There will be blood on streets’, Google executives warn employees about layoffs

San Francisco  (TIP)- As Big Tech companies begin to lay off employees in the global economic downturn, Google executives have…

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16 August, 2022

J&J to discontinue sale of talc-based baby powder from 2023

US pharma giant Johnson & Johnson (J&J) has said that it will “discontinue” sales of its talc-based baby powder around…

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