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Starlink cannot compete with telcos in cities: Musk

MUMBAI: Elon Musk said his satellite-based internet service Starlink is not meant for densely populated cities because the physics of satellite communication makes it unsuitable for that purpose, adding that it is designed to deliver connectivity to rural users and restore access after natural disasters rather than compete with urban broadband.Musk made the observation on…

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Elon Musk didn’t want Donald Trump to impose tariffs? Tesla CEO’s big statement on podcast with Nikhil Kamath; makes ‘free trade’ justification

Elon Musk on Nikhil Kamath’s podcast In a wide-ranging conversation with Zerodha cofounder Nikhil Kamath on the “People by WTF” podcast, Elon Musk shared his perspectives on various topics including US trade policies. The Tesla CEO touched on issues ranging from President Donald Trump’s tariff strategy to the H‑1B visa system, while also offering a…

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Nifty, Sensex hit fresh record highs: RBI MPC outcome in focus; 8 key factors to drive markets this week

Equity benchmarks ended last week on a strong note, extending their winning streak for the third straight week and hitting fresh all-time highs. After early profit-taking, a sharp midweek rebound lifted sentiment, followed by healthy consolidation. By the close, the Nifty gained 0.52% to 26,202.95 and the Sensex rose 0.56% to 85,706.67, reported ET.The rally…

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Gold outlook for the week: Yellow metal could once more be near record highs — what analysts have to say

Gold prices are expected to stay strong and may come close to historic highs in the coming week as market participants monitor crucial US data, Federal Reserve Chair Jerome Powell’s speech and the RBI’s policy announcement, according to analysts.“Gold moves out of the consolidation range as investors focus on the manufacturing and services PMI data…

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FPI outflows resume in November: Rs 3,765 crore offloaded; global risk-off cues and high domestic valuations hit sentiment

Foreign investors withdrew a net Rs 3,765 crore from Indian equities in November following October’s brief respite, influenced by global risk-off sentiment, instability in global technology stocks and a preference for primary over secondary markets.This November decline followed October’s net inflow of Rs 14,610 crore, which had interrupted three consecutive months of outflows — Rs…

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REIT market poised for five-fold expansion: Rs 10.8 trillion growth opportunity in office, retail; top 7 cities to drive growth

India’s Real Estate Investment Trust (REIT) market is set for a significant upturn, with an estimated Rs 10.8 trillion growth opportunity emerging across office and retail segments over the next four years, according to a report by JLL, a real estate and investment management company.“The REIT sector [is] positioned for an additional Rs 10.8 trillion…

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Rich Dad Poor Dad author’s advice to investors: ‘The biggest crash in history starts and the best option is to…’ | Business

Rich Dad Poor Dad author Robert Kiyosaki has reignited debate over his long-running market warnings after posting on X that “the biggest crash in history” has already begun. His message paints a picture of an economy under pressure from rapid technological change and widening global instability. Citing an AI-driven erosion of jobs and deepening stress…

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