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Telcos network costs rise: Gap between expenditure and revenue exceeds Rs 10,000 crore; COAI flags rising network investment burden

The gap between telecom operators’ network expenditure and revenue continues to widen, prompting industry body COAI to defend calls for higher mobile tariffs, citing the increasing financial burden of network deployment on service providers.Speaking at the India Mobile Congress, Cellular Operators Association of India (COAI) Director General, SP Kochhar, told PTI that while the government…

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Border tensions rise: ‘Heavy clashes’ against Pakistan on border areas with Afghanistan, says Taliban; calls it ‘retaliation for air strikes’

The Taliban forces said “heavy” clashes erupted along the Afghanistan-Pakistan borde. The details on nature of the clash or the exact magnitude remains unclear. Pakistan has also not confirmed any details around the same.“In retaliation for the air strikes by Pakistani forces,” Taliban border forces in the east “engaged in heavy clashes against Pakistani forces’…

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Forex watch: Reserves slip below $700 billion; FCAs decline, gold holdings rise

India’s foreign exchange reserves fell by $276 million to $699.96 billion for the week ended October 3, according to Reserve Bank of India (RBI) data.In the previous week, the country’s forex reserves had declined by $2.334 billion to $700.236 billion, PTI reported.Foreign currency assets, the largest component of the reserves, dropped $4.049 billion to $577.708…

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Gold rate today: Futures rise Rs 527 to Rs 1.21 lakh/10g; silver gains on global rally & Fed rate hopes

Gold rate today: Gold futures advanced Rs 527 to Rs 1,21,020 per 10 grams in domestic trade on Friday, tracking a firm trend in global markets as investors widened bets on expectations of interest rate cuts by the US Federal Reserve.On the Multi Commodity Exchange (MCX), gold for December delivery gained 0.44%, after retreating from…

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Gold price prediction: What’s the outlook for October 10, 2025? ‘Sell on rise’ strategy makes sense

Gold futures on MCX extended losses, slipping sharply toward ₹1,20,500 after a steep fall from the recent high near ₹1,23,800. (AI image) Gold price prediction today: Gold prices will likely dip in the session and traders should sell on any rise, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is…

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Gold price prediction today: Will gold prices continue to rise ahead of Diwali? Why investors should buy on dips

Gold continued to surge to new record heights crossing $4,000 per ounce in Comex markets. (AI image) Gold price prediction today: Gold prices are likely to continue rising ahead of Diwali, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. He shares his views and recommendations for gold investors:Gold continued…

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