Latest News, Updates & Breaking Headlines
IMF on Monday approved a disbursement of around $1.2 billion to Pakistan, lifting the country’s total inflows under the Extended Fund Facility and the Resilience and Sustainability Facility to roughly $3.3 billion. The IMF Executive Board cleared the payment during its meeting in Washington, citing the country’s efforts in macroeconomic reforms.Pakistan remains heavily reliant on…
NEW DELHI: Elon Musk’s Starlink on Monday announced inaugural prices for its satellite venture in India and, as expected, these were many times more than a regular high-speed broadband connection that is currently being provided by terrestrial providers such as Airtel and Reliance Jio.The company put a Rs 8,600 monthly tariff for its satcom services…
US President Donald Trump reignited tensions with Mexico, threatening to impose a 5% tariff on Mexico over an ongoing water-sharing dispute, accusing the neighbouring country of withholding supplies guaranteed under a decades-old treaty. Posting on his Truth Social account on Monday (local time), Trump said that he will raise duties on Mexican imports once again…
MUMBAI: Monday marked a global first for Indian financial markets as NSE along with Care Ratings launched the country’s first Past Risk and Return Verification Agency (PaRRVA), an independent entity that will validate performance claims in the securities markets. This agency will make it harder for unregistered finfluencers to hoodwink investors into falling for their…
NEW DELHI: Telecom regulator Trai and the department of telecom (DoT) are at loggerheads over fixation of satcom spectrum charges for the companies and other critical matters at a time when satcom players, such as Elon Musk’s Starlink and Sunil Mittal’s Bharti group-backed Eutelsat OneWeb wait for regulatory clarity before beginning commercial services in India,…
Elon Musk’s Starlink has set its Indian launch price at Rs 8,600 monthly, plus a Rs 34,000 hardware fee. This significantly exceeds current terrestrial broadband options like Airtel and Jio, which offer speeds up to 40MBPS for under Rs 500. Starlink promises unlimited data and 30-day trials, but service commencement hinges on government spectrum allocation….
New Delhi: After putting up consumer prices for its India satcom services on its website, Starlink withdrew them and blamed a “glitch” that briefly made “dummy test data” visible. “The Starlink India website is not live, service pricing for customers in India has not yet been announced, and we are not taking orders from customers…
Moody’s Flags Fin Impact | Analysts Divided On Stock Path MUMBAI: The stock price of InterGlobe Aviation, the company that runs IndiGo, slid another 8.3% on Monday as government is seen to be taking a tough stance amid the airline’s flight operations crisis.The crisis has left IndiGo’s investors poorer by a little over Rs 37,700…
Home loan borrowers are set to get relief as several major banks have started cutting lending rates after the Reserve Bank of India lowered the repo rate by 25 basis points to 5.25% on December 5, 2025. Following the repo rate cut from 5.50%, lenders have moved to reduce MCLR-, RLLR- and RBLR-linked rates, paving…
The US Deputy Ambassador for Trade, Rick Switzer, will visit India on December 10 and 11 as New Delhi and Washington continue discussions aimed at concluding a fair and mutually beneficial bilateral trade agreement, ANI reported.Confirming the visit at a media briefing on Monday, Ministry of External Affairs spokesperson Randhir Jaiswal said the trip would…
