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Category: Business & Economics

15 May, 2020

Indian American Engineer Charged in Texas with COVID-Relief Fraud

HOUSTON (TIP): An Indian origin engineer has been charged in the Eastern District of Texas with allegedly filing bank loan…

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15 May, 2020

Pathways to a more resilient economy

  The redesign of economies, of businesses, and our lives, must begin with questions about purpose. What is the purpose…

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24 April, 2020

US unemployment applications reach over 26m as many States struggle to deal with the Pandemic

NEW YORK (TIP):  From a record  number of employments to a  record-breaking number of unemployment, the US is facing a…

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18 April, 2020

Get answers to Economic Impact Payment questions

  WASHINGTON  (TIP): The IRS is regularly updating the Economic Impact Payment  and the Get My Payment tool frequently asked…

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10 April, 2020

Restarting America

    It may be accepted that waiting to restart all sectors of the economy simultaneously will  unnecessarily keep some…

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22 November, 2019

NPAs continue to bite: Banks have lost Rs 1.76 lakh crore in the last three years

The RTI replies demonstrate a constant surge in the amount written off by the scheduled commercial banks, which include public…

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13 September, 2019

NJ Governor Phil Murphy begins Economic Mission Trip to India September 13

SOUTH PLAINFIELD, NJ(TIP):  With great expectations, New Jersey Governor Phil Murphy  leads a seven-day, six-city economic mission trip to India  beginning…

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2 March, 2018

Moody’s says India recovering from GST, DeMo; sees 7.6% growth rate

NEW DELHI (TIP): Moody’s Investors Service said on Wednesday Indian economy is starting to recover from the negative impact of demonetisation and disruption caused by…

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2 March, 2018

AIRCEL FILES FOR INSOLVENCY AFTER ‘NEGATIVE BUSINESS AND REPUTATIONAL IMPACT’

NEW DELHI (TIP): Telecom operator Aircel said on?Wednesday it has filed for bankruptcy as the company has been facing “troubled times” in…

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16 February, 2018

US President Trump threatens China with sanctions on trade imbalance

WASHINGTON (TIP): US President Donald Trump has threatened China with sanctions for trade imbalance and policies that are hurting the American industry, a move…

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16 February, 2018

US SLAMS INDIA FOR HIGH IMPORT TARIFFS ON HARLEY-DAVIDSON

WASHINGTON (TIP): US President Donald Trump on Feb 14 slammed India for a high import tariff on Harley- Davidson motorcycle, calling it…

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16 February, 2018

American businesses eyeing India optimistically: Navtej Sarna

WASHINGTON (TIP): There is "optimism and excitement” among American businesses about India and they are eager to tap the opportunities for FDI in the…

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9 February, 2018

Fortis promoters Malvinder, Shivinder Singh resign from company’s board

NEW DELHI (TIP): Fortis Healthcare promoters Malvinder Mohan Singh and Shivinder Mohan Singh have resigned as directors from the company’s board following the Delhi high…

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9 February, 2018

CCI slaps Rs 136-crore fine on Google

NEW DELHI (TIP): The Competition Commission on Thursday imposed a fine of Rs 136 crore on internet giant Google for unfair business practices…

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9 February, 2018

Bitcoin drops below $6,200 for first time in three months

TOKYO (TIP): Bitcoin plunged 20 per cent to a three-month low, its latest sharp loss following a series of setbacks for the cryptocurrency that,…

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9 February, 2018

HARLEY-DAVIDSON RECALLS 1.75 LAKH BIKES IN US

WASHINGTON (TIP): Harley-Davidson is recalling nearly 175,000 bikes in the US due to fears the brakes could fail, a government regulator said.…

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2 February, 2018

India’s Budget focuses on farm sector, gives little to middle class

National Health Protection scheme announced NEW DELHI (TIP): In his last budget before general elections, India’s Finance Minister Arun Jaitley…

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12 January, 2018

What to watch in 2018

As the new year begins, here are the smartest predictions of what's coming in politics, tech and business in 2018.…

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22 December, 2017

AMAZON DROPS SALE OF CIRCUMCISION KIT IN UK AFTER COMPLAINT

LONDON (TIP): The British arm of Amazon has dropped sale of a circumcision training kit from its website after concerns were raised.…

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22 December, 2017

BITCOIN SINKS 15% IN ASIA

TOKYO (TIP): Bitcoin prices plunged about 15% in Asian trade today before recouping some of the losses as investors apparently took fright at news that…

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22 December, 2017

BANK OF INDIA UNDER RBI LENS OVER NPAs

NEW DELHI (TIP): The RBI has initiated a ‘prompt corrective action’ against Bank of India for mounting bad loans, placing various restrictions…

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22 December, 2017

UBER SUFFERS NEW BLOW AS EU COURT RULES IT’S TAXI SERVICE

BRUSSELS (TIP): The EU’s top court ruled on December 20 that Uber is an ordinary transportation company instead of an app and should…

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13 October, 2017

Celebration of Diwali in America

Diwali, the festival of lights, is the best known of Hindu festivals in the United States. The legends connected to…

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6 October, 2017

RCom shares drop 7.8% to record low

MUMBAI (TIP): Shares of India’s Reliance Communications tumbled as much as 7.8% in early trade on Tuesday to an all-time low after the…

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6 October, 2017

RAJNISH KUMAR NEW SBI CHAIRMAN AS ARUNDHATI BHATTACHARYA RETIRES

NEW DELHI (TIP): Rajnish Kumar, 59, the senior most of the managing directors at State Bank of India (SBI), will become the 25th chairman of…

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6 October, 2017

EU orders Amazon to pay 250 mn euros in taxes to Luxembourg

The EU turned the screw on US tech giants Wednesday, ordering Amazon to repay Luxembourg 250 million euros in back taxes and referring…

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6 October, 2017

RBI LOWERS GROWTH FORECAST TO 6.7%, HOLDS REPO RATE CITING RISK TO INFLATION

NEW DELHI (TIP): Home and auto loan rates are unlikely to change, after the Reserve Bank of India (RBI) left its key policy…

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6 October, 2017

FLIPKART TO INVEST RS 255 CRORE MORE IN PHONEPE

BENGALURU (TIP): PhonePe, Flipkart's payments platform, has received a capital infusion of about Rs 255 crore, as per filings with the Registrar…

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6 October, 2017

Spicejet signs pact with Japanese firm to operate planes on water, land

The airline will study the commercial viability of using amphibious planes that can take-off and land from short, unimproved strips of land…

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15 September, 2017

Suzuki to pump in fresh investment of Rs 3,800 cr in Gujarat

GANDHINAGAR (TIP): Japan’s Suzuki Motor Corp on Thursday announced fresh investments of around Rs 3,800 crore in Gujarat to add a third car production…

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