NEW DELHI, March 13 (Reuters) – The TRAI (Telecom Regulatory Authority of India) plans to recommend that satellite broadband spectrum be allotted for around five years to assess initial market adoption, defying Elon Musk’s Starlink, which is seeking a 20-year permit, said
MUMBAI, Jan 9 (Reuters) – New RBI governor Sanjay Malhotra has initiated a review of the Reserve Bank of India’s inflation and growth forecasting tools to minimise projection errors, four sources said. Malhotra, who took charge last month, is asking the RBI’s
MUMBAI, Jan 9 (Reuters) – The Indian rupee hit a lifetime low on Thursday, pressured by a rise in U.S. bond yields and strong dollar bids in the non-deliverable forwards (NDF) market while the central bank likely stepped in to cap losses,
NEW DELHI, Jan 8 (Reuters) – State-run Indian Railways has spent more than $22 billion so far in the current fiscal year, focusing on projects to expand capacity and deliver faster and safer travel to passengers, the government said on Wednesday. The
Mumbai, Jan 8 (PTI) The rupee extended its slide for the second straight session and declined 13 paise to hit a fresh record low of 85.87 (provisional) against the US dollar on Wednesday amid higher crude oil prices and stronger American currency.
