Trade – Economics
Encouraged by Xi’s remarks but want concrete steps to avert new tariff: WH
WASHINGTON(TIP): The Trump Administration on Wednesday, April 11, said it was encouraged by the remarks of Chinese President Xi Jinping but ruled out reversing its recent move to impose 25 per cent tariff on import […]
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 on Feb 1 unveiled a slew of measures for agriculture as well as the rural […]
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. By Erica Pandey The Big picture: In many ways 2018 will mirror 2017. The […]
INDIA NOTIFIES PHASED MANUFACTURING PLAN FOR MOBILE PHONES
NEW DELHI (TIP): The Ministry of Electronics and IT has notified phased manufacturing programme to boost indigenous production of mobile phones by providing tax relief and other incentives on components and accessories used for the […]
Euro zone economy outperforms US with robust start to year
BRUSSELS (TIP): The euro zone economy started the year with robust growth that outstripped that of the United States and set the stage for a strong 2017, preliminary estimates showed. The improving economy may weaken […]
Not Terminating NAFTA, for Now: President Trump
WASHINGTON (TIP): In an apparent reversal of his stated position on NAFTA, U.S. President Donald Trump told the leaders of Canada and Mexico on Wednesday, April 26, that he will not terminate the NAFTA treaty […]
Trump signs executive order on H1B visa review
WASHINGTON (TIP): US President Donald Trump on Tuesday, April 18, ordered federal agencies to look at tightening the H1B visa program used to bring high-skilled foreign workers to the US, as he tries to carry […]
TRUMP BACKS AWAY FROM LABELING CHINA A CURRENCY MANIPULATOR
WASHINGTON (TIP): President Donald Trump said on Wednesday that his administration will not label China a currency manipulator, backing away from a campaign promise, even as he said the US dollar was “getting too strong” […]
Canadian Prime Minister Justin Trudeau To Visit India Soon
New Delhi: Canadian Prime Minister Justin Trudeau is expected to visit India either late this year or early next year, the country’s High Commissioner to India Nadir Patel said on Friday. “The India-Canada relationship is […]
US-China Summit: Chinese President Xi Jinping Arrives in the US
MAR-A-LAGO, FL (TIP): US President Donald Trump and Chinese President Xi Jinping opened their high-stakes summit at Trump’s Florida beach resort on Thursday, April 6 evening, with the volatile situation in Syria where Syrian government […]
Indian Americans’ income nearly double that of other Americans: US Census Bureau report
WASHINGTON (TIP): In 2015, the household median income in the US was half as compared to that of an Indian American household. According to a report by the US Census Bureau, the median household income […]
Toyota, Suzuki chief meets Modi, discuss ‘Make in India’
NEW DELHI (TIP): Toyota president Akio Toyoda and Suzuki chairman Osamu Suzuki on Thursday called on Prime Minister Narendra Modi to discuss future technological development and plans for Make in India. The Toyota-Suzuki business partnership […]
LAMBORGHINI AIMS TO SELL 50 SUPERCARS A YEAR IN INDIA BY 2020
GENEVA (TIP): Italian super sports carmaker Lamborghini is betting big on the Indian market and expects its sales in the country to double by 2020. In order to popularise the brand, the company also plans […]
‘Indian economy is resilient to global headwinds’: Dr. Raghavan Seetharaman
CHENNAI (TIP); The US ruling on cancellation of H-1B visa rules poses risk towards IT companies immigrants and offshore projects, expectation is that costs may escalate for these companies operating in US. Global growth is […]