Business

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…

Gold and silver are poised for a volatile week ahead as investors navigate the interplay between domestic festive buying, physical market premiums, and crucial macroeconomic developments in the US, analysts said. With Federal Reserve officials, including Chair Jerome Powell, set to comment on policy on Tuesday, bullion markets are expected to closely track any cues…

EY and Microsoft on Saturday launched the AI Skills Passport, a free online learning initiative aimed at equipping Indian students and early-career professionals with essential artificial intelligence (AI) skills. The program targets individuals aged 16 and above and is designed to bridge the country’s growing AI skills gap, according to an EY statement, ANI reported.Part…

Union Environment Minister Bhupender Yadav is set to travel to Brasília on October 13-14 for a pre-COP meeting as India steps up preparations for the UN climate summit COP30, scheduled in Belém, Brazil, in November. The meeting aims to streamline negotiations on key issues and build consensus among ministers before the main conference. He confirmed…

State-run Oil and Natural Gas Corporation (ONGC), valued at around Rs 3.10 lakh crore, now lags behind food delivery platform Zomato in market capitalisation despite owning stakes and assets worth more than a third of its own valuation — a gap analysts say reflects deep undervaluation of India’s largest oil and gas producer.As of Friday’s…

India’s domestic beer industry is facing a severe shortage of aluminium cans, prompting the Brewers Association of India (BAI) to seek a “short-term regulatory relaxation” in quality control norms to prevent disruption in supply.The industry is grappling with an annual deficit of 12–13 crore units of 500 ml cans, which account for nearly 20% of…

State Bank of India (SBI), is ramping up efforts to enhance gender diversity, targeting 30% women representation across its workforce within the next five years.“If we talk about frontline staff, women are almost 33%, but as a total if you see, they account for 27% of the total workforce. So, we will be working towards…

Stock market: Dalal Street witnessed strong momentum last week as the combined market capitalisation of eight of India’s top 10 most-valued companies rose by Rs 1.94 lakh crore, reflecting renewed investor optimism.Tata Consultancy Services (TCS) emerged as the biggest gainer, while Hindustan Unilever and Life Insurance Corporation of India (LIC) saw declines in their valuations,…

The United States could impose export controls on Boeing aircraft parts following China’s recent restrictions on rare earth mineral exports, President Donald Trump said on Friday.Trump told reporters that Beijing has many Boeing planes and they need parts for those.He expressed surprise at China’s decision, noting his strong personal rapport with President Xi Jinping. “And…

India’s stock markets are witnessing a wave of blockbuster IPOs, showing that domestic investors remain confident in the country’s growth story, even as the Nifty and Sensex have delivered no returns over the past 13 months.Experts say this year’s record inflow of funds into IPOs reflects strong trust in India’s economic potential.Ajay Bagga, Banking and…