News Updates

(Update 12 minutes ago)
Latest Updates

Category: World

19 February, 2016

BOEING GETS $440 MILLION ORDER FROM PAPUA NEW GUINEA CARRIER

SINGAPORE (TIP): US aircraft maker Boeing said on February 19 it had won a $440 million deal with Papua New…

Read More
19 February, 2016

‘Make in India Week’ gets Rs 15 lakh cr investment commitment

MUMBAI (TIP): The week-long ‘Make in India’ fair closed on Thursday with investment commitments of over Rs 15 lakh crore ($220…

Read More
19 February, 2016

OIL PRICES CLIMB AS IRAN ENDORSES OIL OUTPUT CAP

SINGAPORE(TIP) : Crude futures rose in Asian trade on Thursday after Iran welcomed plans by Russia and Saudi Arabia to…

Read More
19 February, 2016

SEBI CHECKING IF MFS DRESSING UP PORTFOLIOS

MUMBAI (TIP): Call it the Amtek Auto effect. After investors in debt schemes suffered losses last year, mutual funds are…

Read More
19 February, 2016

Pope Vs Trump | Trump ‘is not Christian’

NEW YORK (TIP): No leader, especially a religious leader, should have the right to question another man's religion or faith,"…

Read More
16 February, 2016

Make in India week starts in Mumbai

The 'Make in India' (MII) Week, touted as the largest business expo hosted by the country, was inaugurated in Mumbai by…

Read More
12 February, 2016

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…

Read More
11 February, 2016

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.…

Read More
8 February, 2016

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…

Read More
8 February, 2016

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…

Read More
8 February, 2016

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…

Read More
8 February, 2016

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…

Read More
8 February, 2016

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…

Read More
8 February, 2016

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…

Read More
8 February, 2016

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…

Read More
29 January, 2016

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…

Read More
29 January, 2016

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…

Read More
29 January, 2016

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…

Read More
29 January, 2016

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…

Read More
29 January, 2016

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…

Read More
29 January, 2016

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…

Read More
22 January, 2016

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…

Read More
22 January, 2016

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…

Read More
18 January, 2016

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…

Read More
15 January, 2016

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…

Read More
15 January, 2016

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…

Read More
14 January, 2016

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 More
14 January, 2016

Economics | 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…

Read More
14 January, 2016

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…

Read More
9 January, 2016

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…

Read More