Inflation eases to 6.71% in July as food prices soften
With global prices of crude oil, coal and fertilisers cooling off, inflation based on consumer price index (CPI) slipped below…
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Indian economy: Achievements, gaps, and aspirations
In the context of Azadi ka Amrit Mahotsav, celebrating India’s 75th year of Independence, it is an opportune moment to…
Read MoreUber likely to sell 7.8% stake in Zomato: report
Uber Technologies is likely to sell a 7.8% stake in Indian food delivery firm Zomato through a $373 million block…
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China hits Taiwan with fresh trade curbs amid Nancy Pelosi’s visit
China halted some trade with Taiwan in retaliation to the high-profile visit of US House Speaker Nancy Pelosi to the…
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Twitter disobeyed orders of Indian govt, put third-largest market at risk: Elon Musk
NEW DELHI (TIP)- Elon Musk, in his confidentially filed countersuit in Delaware court, relied on Twitter’s litigation in India to…
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LIC Becomes Top-Ranked Indian Firm On Fortune Global 500 List
Recently-listed Life Insurance Corporation (LIC) has broken into the latest Fortune Global 500 list, while Reliance Industries has jumped 51…
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Amazon, Apple beat expectations in gloomy earnings season
Tech giants Amazon and Apple delivered forecast-topping results Thursday, offering some reassurance to an earnings period weighed down by inflation,…
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Jack Ma plans to cede control of China’s Ant Group
HONG KONG/BEIJING (TIP)- Billionaire Jack Ma plans to cede control of Ant Group, the Wall Street Journal (WSJ) reported on…
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Roshni Nadar remains richest Indian woman
HCL Technologies' chairperson Roshni Nadar Malhotra has retained her position as the richest woman in India, with a 54% jump…
Read More5G spectrum: Rs 1.49 Lakh cr bids after16 rounds
The auction of 5G spectrum for telephony services will stretch to the fourth day after 16 rounds of bidding fetched…
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ADB lowers India’s GDP forecast for FY23 to 7.2%
New Delhi (TIP)-Asian Development Bank (ADB) has lowered the economic growth forecast for India in the current to 7.2% from…
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Microsoft, Google are latest tech giants to hit brakes on hiring
SAN FRANCISCO (TIP)- With recession fears mounting - as well as inflation, the war in Ukraine and the lingering pandemic…
Read MoreBitcoin recovers after falling on news Tesla sold 75% of its holdings
Bitcoin rebounded after a brief sell-off late on Wednesday sparked by news that electric carmaker Tesla Inc had sold about…
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Netflix partners with Microsoft to launch a cheaper, ad-supported subscription plan
New Delhi (TIP)- Netflix and Microsoft have announced a partnership to launch the streaming giant's first ad-supported subscription. The development…
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Rupee hits historic low, hovers near 80/USD
New Delhi (TIP)- The Indian rupee on July 15 weakened to 79.96 levels against US dollar. So far this year,…
Read MoreIndia slaps Rs 4,389-cr notice on Oppo for import duty evasion
The Ministry of Finance on July 13 said it has slapped a notice on Chinese mobile maker Oppo, as Directorate…
Read MorePakistan Reaches Agreement With IMF to Resume Loan
Pakistan has reached a staff-level agreement with the International Monetary Fund, a milestone that would pave the way for the…
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Euro plunges to two-decade low vs dollar as economic fears mount
London (TIP)- The euro sank to a two-decade low versus the dollar on Tuesday as another surge in natural gas…
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SpiceJet going through turbulent phase, share slumps over 40 percent in 2022
New Delhi (TIP)- Indian airline company SpiceJet is going through a highly turbulent phase in recent times on account of…
Read MoreSri Lanka’s crisis rings alarm for other troubled economies
Sri Lanka is desperate for help with weathering its worst crisis in recent memory. Its schools are closed for lack…
Read MoreVirgin Galactic partners with Boeing Aurora to build motherships
Virgin Galactic announced Wednesday that it is partnering with a Boeing subsidiary to manufacture the next generation of the twin-fuselage…
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Cryptos a clear danger to system: RBI Governor
New Delhi (TIP)- RBI Governor Shaktikanta Das on Thursday, June 30, said cryptocurrencies are a clear danger to the financial…
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U.S. economy contracts in first quarter; outlook murky as unsold goods accumulate
WASHINGTON (TIP)- The U.S. economy contracted slightly more than previously estimated in the first quarter as the trade deficit widened…
Read MoreGST rates revised: What gets cheaper, what gets costlier?
Already reeling under high inflation, the common man is likely to suffer more with the GST Council deciding to increase…
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Elon Musk’s $44-billion deal gets Twitter board endorsement
New York (TIP)- Twitter‘s board of directors has recommended that shareholders approve its proposed $44-billion sale to Tesla CEO Elon…
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US recession fears darken outlook for global growth
LONDON/TOKYO (TIP)- Manufacturing growth is slowing from Asia to Europe as China's Covid-19 curbs and Russia's invasion of Ukraine disrupt…
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UK inflation hits 40-year high at 9.1 percent
Britain’s inflation rate hit 9.1% in May, a new 40-year high and up slightly on the previous month. The Office…
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Kellogg to split snack, cereal, food Business
Kellogg Co, the maker of Frosted Flakes, Rice Krispies and Eggo, will split into three companies focused on cereals, snacks…
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RBI not behind curve, focus on inflation target could have been risky: Das
Mumbai (TIP)- Governor Shaktikanta Das on Friday, June 17, refuted criticism of the RBI being behind the curve in its…
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WTO agrees deals on fishing subsidies, food security, Covid vaccines
Geneva (TIP)- In a landmark decision, more than 160 member countries of the World Trade Organization on Friday, June 17, …
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