UAE TO AUGMENT INVESTMENT IN INDIA
NEW DELHI (TIP): The United Arab Emirates (UAE) on February 11 pledged to substantially augment investments in India, even as the two countries agreed to step up cooperation to combat…
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India outpaces China in 2015 economic growth
India's economy grew at an average rate of 7.5% in 2015, faster than the 6.9% growth in China, official figures show.…
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Facebook’s ‘Free Basics’ gets Banned by Indian Government
SAN FRANCISCO — India's government has essentially banned a Facebook program that sought to connect with low-income residents by offering…
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FOREIGN FIRMS RUSH TO INDIA’S ONLINE MARKETPLACE
NEW DELHI (TIP): India's booming online marketplace business has attracted a new wave of merchants and sellers from countries such…
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INDIA’S GROWTH POTENTIAL MUCH HIGHER THAN 7 PER CENT, SAYS NOURIEL ROUBINI
NEW DELHI (TIP): India’s growth potential is much higher than seven per cent and can be eight to nine per…
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SAVE INDIVIDUALS, NOT ‘LIVING DEAD’ COS: RAJAN
MUMBAI (TIP): RBI governor Raghuram Rajan has made a strong pitch for allowing inefficient organizations to die even as he…
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Gold clings near 3-month peak
MANILA (TIP): Gold stayed near a three-month top on Thursday after marking its best day in two weeks, buoyed by…
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Trans-Pacific Partnership trade deal signed, but years of negotiations still to come
WELLINGTON (TIP): The Trans-Pacific Partnership, one of the world's biggest multinational trade deals, was signed by 12 member nations on…
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Indian American INOC applauds TRAI’s decision to keep ‘Net Neutrality’
NEW YORK (TIP): The Indian National Overseas Congress Chair George Abraham has applauded the decision of the Telecom Regulatory Authority…
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CHINA SHARES TUMBLE AGAIN, TAKING LOSSES TO $2 TRILLION
SHANGHAI (TIP): Chinese shares fell sharply again on Wednesday after plunging in the previous session, taking losses in 2016 to…
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Maruti Q3 net up 27% on sales, cost reduction
NEW DELHI (TIP): Maruti Suzuki reported a 27% growth in net profit in the quarter ending December 31, 2015 on…
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Patanjali eats into Colgate’s toothpaste market share
MUMBAI (TIP): Patanjali Ayurved, the home-grown foods-to-FMCG player that recently took on Swiss multinational giant Nestle by launching its own…
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BANK OF JAPAN INTRODUCES NEGATIVE INTEREST RATE TO BOOST ECONOMY
TOKYO (TIP): The Bank of Japan on January 29 introduced a negative interest policy in a move to boost a…
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Need to relook at method of calculating GDP growth: Rajan
MUMBAI (TIP): Reserve Bank of India (RBI) governor Raghuram Rajan on Thursday revived the debate on the method of calculating…
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MasterCard CEO Ajay Banga named American India Foundation co-chair
NEW YORK (TIP): MasterCard CEO Ajay Banga has been appointed as a co-chair of American India Foundation (AIF). The American…
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Walmart to close 154 stores, 269 worldwide in a major restructuring
NEW YORK (TIP): Walmart, the world's largest retailer has announced that it is closing 269 stores, including 154 in the…
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Oil prices plunge and trigger global market sell-off
NEW YORK (TIP): Energy companies were pummeled as the price of crude oil sank 7 percent hit new lows of…
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USIBC names two new vice chairs to push India trade
WASHINGTON (TIP): The US-India Business Council (USIBC) has named Punit Renjen, CEO of Deloitte Touche Tohmatsu Limited (Deloitte Global),and Edward…
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Economic crisis is not far away
The next financial crisis is coming. It's just a matter of time - and we haven't finished fixing the flaws in…
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MasterCard CEO Ajay Banga Named to 2016 FSR Board of Directors
NEW YORK (TIP): Indian American president and chief executive officer of MasterCard Ajay Banga has been named the chairman of…
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RBS Warns Investors of ‘Cataclysm’: ‘Sell Everything’
NEW YORK (TIP): The Royal Bank of Scotland reportedly has advised clients to brace for a “cataclysmic year” and a…
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Goldman Sachs in $5.1bn deal over bond mis-selling
Goldman Sachs says it has reached a deal with US authorities over charges that it used fraudulent marketing material to…
Read MoreEconomics | PPF, NSC rates to be cut; bank FDs may fetch lower interest
The government is set to reduce interest rates on small savings products such as public provident fund and National Savings…
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Indian-origin family firm eyes Tata Steel Scottish plants
An Indian-origin family owned steel firm, Liberty House, is said to be a new potential buyer of two of Tata…
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China halts stock trading as market lurches down again
BEIJING: China's stock market lurched lower again on Monday, triggering "circuit breakers" that halted trading. The slump was the latest…
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Sensex down over 300 pts as China halts trading
MUMBAI (TIP): For the fourth day on the trot, turbulences in the Chinese market sent global investors, including those on…
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Govt may roll out Rs 500-cr package for electric vehicles in budget
NEW DELHI (TIP): In a bid to promote usage of hybrid vehicles to curb pollution, the government is likely to…
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Govt to shut final three HMT units, iconic brand bids farewell
Time has stopped for HMT Watches, finally. The brand, which is claimed to be a pioneer in horological industry in India…
Read MoreCabinet clears Stand Up India scheme for women and SC/ST
The Union Cabinet chaired by Prime Minister Narendra Modi on January 5 gave its nod for the Stand Up India…
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Siege in Afghanistan ends, Indian mission safe
In intense 25-hour gunbattle between security forces and terrorists out side the Indian consulate in Mazar-i-Sharif came to end late…
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