Bank of England ups interest rate to highest in 13 years
The Bank of England raised its key interest rate to the highest level in 13 years on Thursday as policymakers…
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(Update 12 minutes ago)Oil rises, defying stock market falls as supply concerns persist
Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as worries about…
Read MoreOver 80 firms, including China’s JD.com, added to US Securities and Exchange Commission list facing delisting risk
Washington (TIP)-The US Securities and Exchange Commission added over 80 firms to its list of entities facing possible expulsion from…
Read MoreCrisis looms as Indonesia export ban halts palm oil shipments
Mumbai (TIP) Indonesia’s wider palm oil export ban has trapped at least 290,000 tonnes of the edible oil meant to…
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Twitter revenue climbs to $1.2 billion, daily users grow 16 percent
San Francisco (TIP)- Twitter on Thursday, April 28, posted quarterly earnings of $513 million days after it agreed to be…
Read MoreUS economy shrinks in first quarter of 2022; trade, inventories mask underlying strength
Washington (TIP)- The U.S. economy unexpectedly contracted in the first quarter amid a resurgence in COVID-19 cases and drop in…
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PVR ties up with Oma Cinema of France; to introduce ‘cinema pods’ at theatres
Film exhibition company PVR Cinemas on Thursday, April 28, announced that it has entered into a tie-up with Oma Cinema…
Read MoreApple delivers strong quarterly results, but warns of trouble ahead
Apple on Thursday reported strong quarterly results despite supply shortages, but warned that its growth slowdown is likely to deepen.…
Read MoreElon Musk says he has secured $46.5 billion in funding for Twitter bid
Tesla Chief Elon Musk said that he had lined up commitments worth $46.5 billion to finance a Twitter takeover deal,…
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Netflix rocked by subscriber loss, may offer cheaper ad-supported plans
Netflix Inc said inflation, the war in Ukraine and fierce competition contributed to a loss of subscribers for the first…
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Cash-strapped Sri Lanka hit by record inflation
Colombo (TIP)- Crisis-hit Sri Lanka’s inflation hit a record high for the sixth consecutive month, official data showed on Friday…
Read MoreWPI inflation hits 4-month high of 14.55% in March
New Delhi (TIP)- The wholesale price-based inflation spiked to a four-month high of 14.55 per cent in March on rising…
Read MoreIMF pegs ‘fairly robust’ 8.2 percent India growth in 2022
Washington (TIP)- The International Monetary Fund on April 19 projected a “fairly robust” growth of 8.2 per cent for India…
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Pharma stock see highest drop in 10 years after Covid pill’s birth defect risk
Shionogi & Co. slumped the most in more than a decade after the drugmaker said animal studies showed its experimental…
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Retail inflation soars to 17-month high of 6.95%
New Delhi (TIP)- Retail inflation quickened to 6.95% in March, compared to 6.07% in the previous month, driven by a…
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Sri Lanka defaults on entire $51 billion external debt
Crisis-stricken Sri Lanka defaulted on its $51 billion external debt on Tuesday, calling the move a "last resort" after running…
Read MoreWTO lowers global trade volume growth forecast to 3% for 2022
New Delhi (TIP)- The world merchandise trade volume is expected to grow by 3 per cent in 2022 against the…
Read MoreElon Musk offers to buy Twitter for $41 billion
Billionaire Elon Musk has offered to buy Twitter for about $41 billion, just days after rejecting a seat on the…
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Elon Musk to join Twitter Board after buying 9.2% stake
Elon Musk is joining Twitter’s Board of Directors a day after disclosing that the Tesla CEO took 9.2% stake in…
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India to grow at 7.5% in current fiscal: ADB
India is likely to maintain its position as the fastest-growing major economy with the ADB outlook projecting a growth rate…
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L’Oréal founder’s granddaughter is world’s richest woman
New Delhi (TIP)- Francoise Bettencourt Meyers, cosmetics giant L'Oréal's founder's granddaughter, is the richest woman in the world - with…
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Jet Airways coming back with hybrid of premium and no-frills services model
Mumbai/New Delhi (TIP)- Jet Airways India Ltd., which is undergoing a court-monitored restructuring, plans to return with a hybrid of…
Read MoreDebt trustees of SBI, Axis, IDBI under CCI scanner
New Delhi (TIP)- Antitrust body Competition Commission of India (CCI) is investigating the trustee units of State Bank of India,…
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I-T Dept raids multiple premises of Hero MotoCorp, CEO Pawan Munjal
New Delhi (TIP)- The Income Tax Department on Wednesday, March 23, raided multiple premises linked to Hero MotoCorp Chairman Pawan…
Read MoreAsian shares struggle, oil edges lower as Ukraine worries linger
BEIJING (TIP)- Asian shares were volatile on Thursday, March 23, and oil prices turned lower as the latest developments in…
Read MoreANZ becomes first Australian bank to mint stablecoin
Australia and New Zealand Banking Group said on Thursday it carried out an Australian dollar stablecoin payment, in a landmark…
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Fitch cuts India’s growth forecast to 8.5% on high oil prices, inflation
Rating agency Fitch on Tuesday , March 22, slashed India’s growth forecast for the next fiscal to 8.5% from 10.3%,…
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India crosses $ 400 bn milestone in exports
New Delhi (TIP)- The country’s exports for the first time crossed the USD 400 billion mark in a fiscal on…
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Intel India VPs Receive Award on Behalf of CEO& EVP
By Brian Grim, RFBF President BENGALURU (TIP): Intel Corporation’s CEO Pat Gelsinger and EVP Sandra Rivera received the 2021 Global…
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SC dismisses former Fortis promoter Shivinder Mohan Singh’s bail plea
The Supreme Court on Wednesday dismissed an interim bail plea of former Fortis promoter Shivinder Mohan Singh — accused of…
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