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Category: Business & Economics

17 January, 2025

Asian stocks gain after US core inflation cools

Shares in Asia followed Wall Street higher on Thursday, January 16, as easing US core inflation kept alive the prospect…

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17 January, 2025

US-based short-seller Hindenburg shuts down

Hindenburg Research, a US investment research firm known for short-selling, and whose reports resulted in wiping out billions of dollars…

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17 January, 2025

India’s fiscal conditions to limit credit strength in 2025: Moody’s

India’s fiscal conditions will continue to constrain its credit strength in 2025, although tension in US-China relations could benefit the…

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12 January, 2025

India’s GDP growth to hit 4-yr-low of 6.4% in FY25: Govt estimate

The Indian economy is expected to grow at 6.4% in 2024-25, a significant loss of momentum when compared to the…

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12 January, 2025

Microsoft to invest $3 bn in India to expand AI ops

Microsoft will invest $3 billion (about Rs 25,700 crore) to expand its cloud computing and artificial intelligence (AI) capabilities in…

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12 January, 2025

Artificial intelligence, Big Data among top 10 fastest growing jobs by 2030: Report

In the next five years, artificial intelligence (AI), big data and security management specialists will be the fastest-growing jobs, showed…

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3 January, 2025

Tesla annual deliveries fall for first time as incentives fail to drum up demand

Tesla reported its first fall in yearly deliveries on Thursday as lucrative year-end incentives for the Elon Musk-led EV maker’s…

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3 January, 2025

Bitcoin slips from December peak as investors cash in on record run

Bitcoin's record rally fizzled out towards the end of 2024, dropping for the first time since August of that year,…

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3 January, 2025

Wall Street rattled by rough start to New Year

Major US benchmarks extended a selloff for a fifth day, shaving more than a trillion dollars from share prices. A…

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31 December, 2024

Oil prices steady as weekly rise expected amid China’s economic recovery hopes

New York (TIP)- Oil prices were little changed on Friday, December 27, but were set for a weekly rise amid…

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31 December, 2024

Banks sue US Fed over stress tests, seek transparency

New York (TIP)- Major banks and business groups sued the Federal Reserve on Tuesday, alleging the U.S. central bank's annual…

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31 December, 2024

Exporters seek Rs 750 cr to target US amid tariff threats

Exporters on Thursday, December 26, sought a fund of Rs 750 crore for three years to tap $25 billion export…

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22 December, 2024

No impact of Swiss withdrawal of MFN status to country: Nestle India

New Delhi (TIP)- FMCG major Nestle India on Thursday, December 19, said the suspension of the MFN (most favoured nation)…

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22 December, 2024

Fed cuts by a quarter point, indicates fewer reductions ahead

WASHINGTON (TIP)- The Federal Reserve on Wednesday, December 18, lowered its key interest rate by a quarter percentage point, the…

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22 December, 2024

New Zealand falls into recession with abrupt economic slowdown

New Zealand tipped into recession in the third quarter, official data showed Thursday, December 19, with the economy suffering an…

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22 December, 2024

Bears tighten grip on markets; Sensex tanks 1,176 points, Nifty falls below 23,500 level

Equity benchmark indices Sensex and Nifty plunged about 1.5 per cent on Friday, December 20, taking their downtrend to the…

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13 December, 2024

ADB lowers India’s GDP forecast to 6.5%, cites low private investment

New Delhi (TIP)- The Asian Development Bank (ADB) on Wednesday lowered India’s economic growth forecast to 6.5 per cent for…

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13 December, 2024

US core inflation stays firm with fourth-straight 0.3% increase

New York (TIP)- US consumer prices continued to rise in November at a pace that is fueling concerns the progress…

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13 December, 2024

Nasdaq surges above 20,000 for first time

The Nasdaq Composite Index achieved a historic milestone on Wednesday, reaching 20,000 for the first time, driven by enthusiasm surrounding…

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13 December, 2024

India’s retail inflation eases to 5.48% in November

Retail inflation slowed to 5.48 per cent in November compared to 6.21 per cent in October, mainly due to easing…

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7 December, 2024

Myntra enters quick-commerce market with M-Now, to deliver goods in 30 minutes

Mumbai (TIP)- Myntra has launched “M-Now,” its quick-commerce offering that promises to deliver apparel and other lifestyle accessories within 30…

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7 December, 2024

RBI keeps policy rate unchanged at 6.5%, lowers GDP growth forecast to 6.6%

ISTANBUL (TIP)- The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday kept the benchmark interest rate unchanged at…

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7 December, 2024

Bitcoin tops $100K as markets await Trump

Bitcoin broke $1,00,000 on Thursday as investors bet on a friendly US regulatory shift, while world stocks touched fresh record…

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29 November, 2024

Global markets mixed as Trump’s tariffs unsettle trade partners

ISTANBUL (TIP)- Global markets displayed mixed performance on Wednesday as President-elect Donald Trump’s protectionist policies, particularly tariff threats, raised concerns…

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29 November, 2024

Sensex tumbles nearly 1,200 points to slip below 80,000 as heavyweights drag

Mumbai (TIP)- Equity benchmark indices Sensex and Nifty surrendered early gains to plunge nearly 1.50 per cent on Thursday, November…

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29 November, 2024

Boeing strike, production slowdown delaying aircraft deliveries to Air India group

The slowdown in production at Boeing and the recent strike at the plane makers’ manufacturing facilities in the US are…

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15 November, 2024

India’s inflation soars to 14-month high of 6.2%

New Delhi (TIP)- Retail inflation breached the Reserve Bank's upper tolerance level, soaring to a 14-month high of 6.21 per…

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15 November, 2024

Air India completes merger with Vistara

Air India Group has completed the operational integration and legal merger between Air India and Vistara, creating a full-service carrier…

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15 November, 2024

Bitcoin nears $90,000, becomes 8th largest asset after surpassing silver: Report

The US dollar traded close to a four-month peak versus major peers while bitcoin extended its record rally as investors…

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8 November, 2024

Global markets rally on Trump’s victory

Frankfurt/Mumbai (TIP)- Wall Street marched to record highs on Wednesday, Nov 6, and major stock markets around the world surged,…

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