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Category: Business & Economics

17 April, 2021

Bitcoin touches $64,000 high as traders eye coinbase listing

Bitcoin advanced Wednesday, breaching the $64,000 level for the first time after eclipsing its most recent record in March a…

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17 April, 2021

At Rs 20.16 lakh cr, FY21 tax collection tops revised estimate

With all major tax heads yielding revenues significantly higher than the respective revised estimates (RE) shown in the Budget, the…

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17 April, 2021

Elon Musk’s SpaceX raises $1.16 billion in equity financing

Billionaire Elon Musk's SpaceX has raised about $1.16 billion in equity financing over the last two months, the private rocket…

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17 April, 2021

Oil holds near 1-month high as demand forecasts raised

Oil prices were lower on Thursday , April 15, though holding near one-month highs after futures jumped in the previous…

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13 April, 2021

Oil prices slip with bumps in economic revival

Oil clung to losses with concerns over the economic recovery casting a cloud over the return to normal demand. WTI…

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13 April, 2021

China comes down hard on Alibaba group, fines $2.78bn

Chinese regulators have hit top e-commerce giant Alibaba with a record 18.23 billion yuan ($2.78 billion) fine for violating anti-monopoly…

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13 April, 2021

Innovative India must capture all segments of financial market to fuel growth: IMF

Washington (TIP): India is on the right track and is innovating on the policy side, including on digital identity and…

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13 April, 2021

India gold imports jump to 2-year high

Gold imports by India surged in March to the highest monthly total in nearly two years as a slump in…

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4 April, 2021

US FAA approves design of 737 MAX 8200 variant

The Federal Aviation Administration (FAA) said on Wednesday it had approved the design for the Boeing 737-8200, part of the…

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4 April, 2021

Inflation exceptionally high in India: Moody’s

New Delhi (TIP): India’s inflation is at “uncomfortably high” level, which is an exception among Asian economies, Moody’s Analytics said…

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4 April, 2021

Xiaomi sells Redmi Note 10 series smartphones worth Rs 500 cr

Xiaomi claims that it has managed to sell Redmi Note 10 series smartphones worth Rs 500 crore, within first two…

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26 March, 2021

India ranks 40th on International Intellectual Property Index

Washington (TIP): India ranked 40 among 53 global economies on the latest annual edition of the International Intellectual Property (IP)…

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26 March, 2021

Oil prices slide as coronavirus lockdown concerns outweigh Suez Canal disruptions

Oil prices skidded around 2% as fuel demand concerns re-emerged alongside fresh coronavirus pandemic lockdowns, trimming overnight gains spurred by…

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26 March, 2021

India’s economy on path of gradual recovery: IMF

India's economy is on the path of gradual recovery, the International Monetary Fund has said ahead of its next month’s…

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26 March, 2021

SEBI relaxes norms for listing of startups

Seeking to boost listing of startups, markets watchdog SEBI on Thursday decided a slew of relaxations to norms, including reducing…

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26 March, 2021

H&M, Nike face boycotts in China as Xinjiang becomes wedge issue

US and European retail brands in China are suddenly facing a dilemma: Embrace cotton from Xinjiang and come under attack…

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20 March, 2021

Adani Green ties up $1.3 billion from a dozen banks

NEW DELHI (TIP): A dozen global banks are to bankroll Adani Green Energy Ltd’s under-construction renewable power projects with a…

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20 March, 2021

Oil slump deepens as Europe faces pandemic lockdowns

Oil prices fell on Friday, extending losses for a sixth day as a new wave of COVID-19 infections wash across…

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20 March, 2021

Delhi HC restrains Future Group from going ahead with RIL deal

New Delhi (TIP): The Delhi High Court on Thursday, March 18,  upheld the Singapore’s Emergency Arbitrator’s (EA) order restraining Future…

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20 March, 2021

Rajya Sabha clears Bill to raise FDI in insurance sector to 74%

Rajya Sabha on Thursday, March 18,  passed the Insurance (Amendment) Bill, 2021 that seeks to raise the FDI in insurance…

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14 March, 2021

Elon Musk sets a new record. His wealth jumps $25 billion in a day

Elon Musk just hit a new milestone: He made a record $25 billion in one day. Tesla Inc.’s 20% jump…

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14 March, 2021

PUBG creator invests $22.4M in Indian firm Nodwin Gaming

PUBG Mobile developer Krafton has invested $22.4 million in the homegrown esports company Nodwin Gaming. According to TechCrunch, the aim…

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14 March, 2021

Britain delays Brexit import checks to avert supply disruption

The UK government said it will delay imposing post-Brexit checks on imports coming from the European Union in a bid…

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14 March, 2021

Boeing nears 737 MAX order from Southwest worth billions: Report

Boeing Co is close to a multibillion-dollar deal to sell dozens of its 737 MAX 7 jets to Southwest Airlines…

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14 March, 2021

US imposes new 5G license limits on some Huawei suppliers

The Biden administration has informed some suppliers to China’s Huawei Technologies Co. of tighter conditions on previously approved export licenses,…

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7 March, 2021

India woos Tesla with offer of cheaper output cost

New Delhi (TIP): India is ready to offer incentives to ensure Tesla Inc's cost of production would be less than…

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7 March, 2021

India adds 40 billionaires in pandemic year; Adani, Ambani see rise in wealth: Report

Mumbai (TIP): Forty Indians entered the billionaires’ club in the pandemic-stricken 2020 to take the number of those in the…

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7 March, 2021

Disney to shut 60 North American stores, 20% of global total

Walt Disney Co. plans to close more than 60 of its North American Disney stores, eliminating roughly 20% of its…

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7 March, 2021

Volvo To Make Only Electric Vehicles By 2030

Volvo says it will make only electric vehicles by 2030. But if you want one, you'll have to buy it…

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7 March, 2021

Bitcoin is at a ‘tipping point’, Citi says

Bitcoin is at a "tipping point" and could in the future become the preferred currency for international trade or face…

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