Wall Street ends winning run as Facebook forecast halts tech-led recovery
NEW YORK (TIP)- Wall Avenue snapped a four-session successful streak on Thursday, Feb 3, with all three benchmarks ending decrease…
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(Update 12 minutes ago)Crypto tax doesn’t bestow legality to trade, says I-T Dept
New delhi (TIP)-The Budget announcement of taxing ‘virtual digital assets’ or crypto currencies will help the Income-Tax Department measure the…
Read MoreAll in a day: Zuckerberg loses $29bn, Bezos set to pocket $20bn
New York (TIP)-Mark Zuckerberg lost $29 billion in net worth on Thursday, Feb 3, as Meta Platforms Inc's stock marked…
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Google’s parent Alphabet seeks more investors in 20-for-1 stock split
Alphabet Inc. announced a 20-for-1 stock split in the form of a one-time special stock dividend, aiming to draw a…
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India’s economy has some bright spots, a number of very dark stains, says Raghuram Rajan
New delhi (TIP)-The Indian economy has "some bright spots and a number of very dark stains" and the government should…
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Sensex snaps 5-day rout, rebounds 367 points
Mumbai (TIP)-Snapping its five-session losing streak, equity benchmark Sensex rebounded 367 points on Tuesday, January 25, boosted by strong gains…
Read MoreIMF slashes India’s economic growth forecast to 9% in FY22
Washington (TIP)-The International Monetary Fund (IMF) has cut India’s economic growth forecast to 9% for the current fiscal year ending…
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Microsoft profits up 21%, giving cushion for gaming push
washington (TIP)- Demand for Microsoft’s cloud-computing services and work software helped boost its quarterly profits by 21% as the pandemic…
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Nod to equity infusion of Rs 1,500 cr in IREDA
New Delhi (TIP)- The government on January 19 approved Rs 1,500 crore for equity infusion in the public sector renewal…
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FDI flows to India slip 26 per cent in 2021: UN report
United Nations (TIP)- Foreign Direct Investment (FDI) flows to India in 2021 were 26 per cent lower, mainly because large…
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China cuts lending rates, boosting property firms
BEIJING (TIP) : China further reduced bank lending costs Thursday in the latest move to boost its stuttering economy, providing…
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India, Tesla in ‘weird stalemate’ on tax cut demands with no investment pledge
New delhi (TIP)- Tesla is desperate to import and sell its electric vehicles in India and has for nearly a…
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WB retains India’s growth forecast at 8.3%
New delhi (TIP)- The World Bank has retained India’s economic growth forecast for the current fiscal at 8.3% as the…
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Record US inflation growing concern for Fed, business
Washington (TIP)- The scourge of rising costs now ranks amongst American enterprise leaders’ high considerations, in response to a survey…
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Yezdi makes a comeback
Mumbai (TIP)- Classic Legends on Thursday re-launched the iconic motorcycle brand Yezdi in the country with the roll out of…
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Government may not run Vodafone Idea, says CEO
New delhi (TIP)- After Vodafone Idea’s (VIL) stock crashed as alarmed investors started dumping shares on the news that the…
Read MoreIndia, UK aim to finalise FTA agreement by year-end
New delhi (TIP)- Britain has made a deal with India one of its post-Brexit priorities as, free from the European…
Read MoreXiaomi penalised Rs653 cr for evading import duty
New delhi (TIP): Chinese mobile phone giant Xiaomi has been slapped with a demand of Rs 653 crore by the…
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Bitcoin, Ether near multi-month lows following hawkish fed minutes
HONG KONG (TIP)- Bitcoin fell below $43,000 on Thursday, testing multi-month lows after minutes from the Federal Reserve's last meeting…
Read MoreHughes, Airtel form JV for sat broadband
New delhi (TIP)- Hughes Communications India Private Ltd and Bharti Airtel have formed a joint venture to provide satellite broadband…
Read MoreReliance takes 26% stake in delivery firm Dunzo for $200 million
New delhi (TIP)- Reliance Industries Ltd's retail arm has invested $200 million for a 25.8% stake in Indian online delivery…
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Gold to add glitter in 2022 on pandemic woes, strong dollar
Mumbai (TIP) : Gold, which lost its sheen to some extent in the second half of 2021, is likely to…
Read MoreUS lawmakers take a dig at Elon Musk for bragging about paying $11 bn in taxes
New York (TIP) : Top US lawmakers, including Indian-American Congresswoman Pramila Jayapal, have criticised Elon Musk, the world's wealthiest man…
Read MoreIndia’s GDP expected to grow at 9% in FY22, FY23: ICRA
New delhi (TIP) : The Indian economy is expected to maintain a real gross domestic product (GDP) growth of 9%…
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NFTs to Web 3.0: What made 2021 the defining year of cryptocurrency
From mainstream acceptance, emergence of new digital coins, to challenging central authorities over the notion of 'currency', 2021 will be…
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With IPOs galore, primary markets made merry in 2021
The year 2021 will surely go down in the history of primary markets as one of the most successful years…
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Tech giant HP starts manufacturing laptops, desktops in India
Tech giant HP on Wednesday, Dec 22, said it has started manufacturing of multiple PC products, including laptops, in India.…
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I-T raids continue on Chinese mobile firms
With the Income Tax department conducting searches at several premises of Chinese mobile companies across the nation, smartphone brand OPPO…
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Amazon seeks to acquire complete control of Prione
E-commerce major Amazon on Wednesday said it will acquire Prione Business Services — its joint venture firm with Catamaran, subject…
Read MoreAsian share markets higher despite Omicron threat
Asian sharemarkets were gaining ground on Wednesday, Dec 22, as the risk appetite of global investors rises heading into year-end,…
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