News Updates

(Update 12 minutes ago)
Latest Updates

Category: Business & Economics

2 September, 2016

Scientific co-operation between India & US seeks to have greater social impact

ATLANTA (TIP): The World Affairs Council of Atlanta and the American India Foundation [AIF] hosted, August 18, Dr. Rajeev Tayal,…

Read More
2 September, 2016

US trade deficit hits $44.5 billion, biggest in 10 months

WASHINGTON (TIP): The US trade deficit increased to the highest point in 10 months, driven up by a big rise…

Read More
2 September, 2016

Indian American IIT-Alumni @AjeiGopal Named CEO Of ANSYS

Indian American Ajei Gopal has been named CEO of US-based software firm ANSYS that produces engineering simulation software used for…

Read More
2 September, 2016

English no longer a must to drive a cab in NYC

NEW YORK (TIP): People who hope to drive New York City's famous yellow cabs must pass tests on such details…

Read More
2 September, 2016

GENERAL MOTORS RECALLS CHEVROLET CRUZE CARS

CHENNAI (TIP): Voluntary recalls are becoming quite common in the Indian automobile market particularly as more and more car companies…

Read More
1 September, 2016

RBI LETS BANKS ISSUE MASALA BONDS, TO ACCEPT CORPORATE BONDS IN LAF

MUMBAI (TIP): Reserve Bank on Thursday announced a slew of changes in fixed income and currency markets such as allowing…

Read More
26 August, 2016

WHY MODI CHOSE URJIT PATEL AS RBI GOVERNOR

NEW DELHI (TIP): How the governor of the Reserve Bank of India came to be finalised is an interesting story.…

Read More
26 August, 2016

CBI, ED GET DETAILS OF MALLYA’S ASSETS ABROAD

NEW DELHI: In what could take the probe against Vijay Mallya forward, the CBI and the Enforcement Directorate (ED) have received…

Read More
26 August, 2016

Opposition divided over government’s plan to advance Union budget to January

NEW DELHI (TIP): The Modi government’s plan to announce the General Budget in January might get the Congress’ support, even…

Read More
26 August, 2016

SAUDI SIGNALS AT RAISING OIL OUTPUT AHEAD OF FREEZE TALKS

MOSCOW/DUBAI (TIP): Saudi Arabia is sending signals that it could boost its crude oil supplies in August to a new…

Read More
26 August, 2016

Patanjali becomes third largest FMCG seller at Future Retail

NEW DELHI (TIP): Baba Ramdev promoted Patanjali Ayurved has become the third largest seller of FMCG products at the shelves…

Read More
26 August, 2016

Another dope controversy hits NADA

NEW DELHI (TIP): Close on the heels of the Narsingh Yadav+ controversy, another athlete banned for doping has moved Delhi…

Read More
25 August, 2016

Former RBI Deputy Governor Rakesh Mohan Named Senior Fellow At Yale Institute

NEW YORK: Top economist and RBI's former deputy governor Rakesh Mohan has been named senior fellow at the prestigious Yale…

Read More
19 August, 2016

KODAK FORAYS INTO HD LED TVS WITH SPPL

Eastman Kodak company, known for its films and cameras, on Thursday forayed into the HD LED TV business by entering…

Read More
19 August, 2016

ICICI Bank introduces payment service using smartphone keyboard

COIMBATORE: ICICI Bank on Thursday unveiled a payment service that uses a smartphone keyboard. Christened 'iMobile SmartKeys', this feature enables 'iMobile'…

Read More
19 August, 2016

SINGTEL CONSOLIDATES HOLDING IN BHARTI AIRTEL AHEAD OF SPECTRUM AUCTIONS

NEW DELHI (TIP): Singapore Telecommunications (Singtel), the largest shareholder in Bharti Airtel, is consolidating its equity in the country's top mobile…

Read More
19 August, 2016

MOODY’S RETAINS INDIA GDP FORECAST, UPS CHINA’S ESTIMATES

NEW DELHI (TIP): Moody's Investors Service has retained India's growth forecast at 7.5 per cent for 2016 but revised upwards…

Read More
19 August, 2016

Saudi signals at raising oil output ahead of freeze talks

MOSCOW/DUBAI (TIP): Saudi Arabia is sending signals that it could boost its crude oil supplies in August to a new…

Read More
19 August, 2016

BREXIT MAY BE DELAYED UNTIL 2019: REPORT

LONDON (TIP): Britain may remain a member of the European Union (EU) until 2019, a year longer than previously estimated,…

Read More
18 August, 2016

Intel Acquires Indian American-led San Diego-based Firm Nervana Systems

San Diego based deep learning startup Nervana Systems, headed by Indian Americans, has been acquired by Intel as per media…

Read More
15 August, 2016

Indian Origin Student’s Device To Keep Disaster-Hit Areas Connected

LONDON: Disruptions in phone connectivity in disaster-hit areas could soon be a thing of the past -- thanks to a…

Read More
12 August, 2016

Property Tax Relief for Nassau County Homeowners

MINEOLA, NY (TIP): As part of his continued efforts to help homeowners reduce their property tax burden, County Executive Edward…

Read More
12 August, 2016

Two Women among 25 Highest Paid Indian-American Executives

BOSTON (TIP): Sundar Pichai, Chief Executive Officer of Google, and General Growth Properties CEO Sandeep Mathrani are the two highest-paid…

Read More
8 August, 2016

PM Modi On GST Bill

Prime Minister Narendra Modi on Monday, August 8, spoke on the Good And Service Tax (GST) bill in the Lok…

Read More
5 August, 2016

INDIA INC GEARS UP TO BE GST-COMPLIANT IN TIME

NEW DELHI/MUMBAI (TIP): While Rajya Sabha was debating the amendment to the Constitution for rolling out Goods and Services Tax (GST),…

Read More
5 August, 2016

Euro 2016 boots Adidas sales higher

BERLIN (TIP): A year of high-profile sports sponsorship has so far paid off for Adidas, with sales at its core…

Read More
5 August, 2016

Nokia to cut deeper as merger spills red ink

HELSINKI (TIP): Finnish telecom equipment manufacturer Nokia said Thursday it aims to accelerate savings after costs of absorbing former French-American…

Read More
5 August, 2016

Ford recalls 830,000 vehicles to fix faulty door latches

WASHINGTON (TIP): Ford Motor Company on August 4 announced the recall of 830,000 cars and vans in the United States…

Read More
5 August, 2016

WHY INDIANS SPEND SO MUCH ON GOLD? RBI TO STUDY

MUMBAI: The Reserve Bank of India has set up a committee to study Indian household financing pattern and why they…

Read More
5 August, 2016

4 Indian Americans among US top wealth advisors: FORBES

NEW YORK (TIP): Four Indian-origin persons have been named among Americas top wealth advisors by Forbes on a list of…

Read More