The City of New York today announced that based on an analysis of seasonally adjusted job numbers for February 2016 provided by the New York State Department of Labor, New York City added 4,500 jobs […]
MUMBAI (TIP): “Something is indeed seriously wrong,” Director of Central Bureau of Investigation (CBI) Anil Sinha said, as he underlined the increase in non-performing assets (NPAs) of banks from Rs 44,957 crore in 2009 to […]
SHANGHAI (TIP): Moody’s downgraded its outlook on Chinese government debt to “negative” from “stable” on March 2, citing uncertainty over authorities’ capacity to implement economic reforms, rising government debt and falling reserves. “Without credible and efficient […]
SHINGTON (TIP): The International Monetary Fund has warned that the world economy is “highly vulnerable” and called for new mechanisms to protect the most vulnerable countries. In a report on economic challenges ahead of the […]
MUMBAI (TIP): Call it the Amtek Auto effect. After investors in debt schemes suffered losses last year, mutual funds are under close watch over credit-rating downgrades as with that of Jindal Steel & Power (JSPL). […]
The ‘Make in India‘ (MII) Week, touted as the largest business expo hosted by the country, was inaugurated in Mumbai by Prime Minister Narendra Modi on Saturday, Feb 13, in the presence of heads of state, a […]
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 terrorism. A meeting between Prime Minister Narendra Modi and Crown Prince of Abu Dhabi Sheikh […]
SHANGHAI (TIP): Chinese shares fell sharply again on Wednesday after plunging in the previous session, taking losses in 2016 to nearly 25 percent or 13 trillion yuan ($2 trillion). The benchmark Shanghai Composite Index was […]
WASHINGTON (TIP): The US Federal Reserve raised, December 17, interest rates by 0.25 percentage points – its first increase since 2006. For almost a decade money has been cheap – some would argue too cheap. […]
During January-July 2015, Indian companies raised Rs 17,124 crore (US$ 2.54 billion) through Qualified Institutional Placement (QIP) route for the purpose of business expansion, debt refinancing and working capital requirements. Qualified institutional placement (QIP) is […]
An influential Indo-US business advocacy group has called for expanding the number of the work visas granted to foreign technology professionals every year. “One of the areas where the US has to look at is […]
MALDA (TIP): Just when the Indian government is planning to take the import route to keep supply of onions on the common man’s platter steady, the pricey commodity is being sold at almost half the […]
There is a statue of a marauding bull on the Wall Street. But, alas, the fella seems to be having a real bad time. Instead of charging and marauding – as evidenced by the sky-rocketing […]
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