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New Delhi: Telecom Regulatory Authority of India (Trai), has invited stakeholder feedback to revive and scale up public Wi-Fi deployment, signalling a renewed policy push to strengthen affordable internet access.In a consultation paper released on Monday, Trai said India’s current public Wi-Fi ecosystem remains “fragmented and limited in scale,” falling short of becoming a widely…
Mumbai: RBI has required banks to report all foreign exchange derivative deals involving the rupee undertaken in India and globally by their entire group, including overseas branches, subsidiaries, and parent entities. This brings into view offshore trades that were earlier largely invisible. This applies to both OTC deliverable and offshore non-deliverable contracts, meaning even speculative…
Kolkata: The NIA Sunday arrested one of the prime accused in the Bhangar bomb blast case in Bengal, in which one person was killed and three others were seriously injured in March this year. The explosion had taken place in Dakshin Bamunia village of Bhangar area. The accused, Ahidul Islam Molla of South 24 Parganas,…
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New Delhi: Automobile manufacturers will face cost pressures that is expected to impact their margins and slow down demand in the coming quarters as prices of key raw materials, including steel, metals and plastics , have risen sharply since March, latest data from the Society of Indian Automobile Manufacturers (Siam) showed. Due to war in…
Bitcoin’s BTC$77,115.13 recent climb toward $80,000 is showing signs of strain, with low trading volume and muted derivatives activity raising questions about how durable the rally may be. In a weekly report, 10x Research head Markus Thielen pointed to a disconnect between price action and underlying market participation. “Bitcoin rallied 4.7% over the past week,…
Sridhar Vembu (File photo) Bengaluru: Zoho founder Sridhar Vembu has urged Indians living in the US to consider returning home, arguing that their global standing will increasingly depend on India’s own economic and technological strength. In an “open letter to Indians in America” posted on X, Vembu said that while the diaspora has achieved notable…
New Delhi: After years of discussion, India’s official statistical machinery is set to compile an index of service production (ISP), which will complement the existing index of industrial production (IIP) and help improve the assessment of short-term performance of the economy.Besides, the index will be useful for augmenting the list of indicators used for compilation…
