Airtel deal with Musk’s Starlink to bring high-speed net to India

NEW DELHI: Airtel gained a significant edge in the domestic telecom market by striking an agreement with Elon Musk’s Starlink to market the broadband and internet satellite services of the American company, while also using the latter’s network to supplement its coverage across the country.Work on the partnership will, however, start only after Starlink –…

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Trump doubles tariffs on Canadian steel and aluminum to 50%, US market slumps as recession fears grow

US President Trump increased tariffs on Canadian steel and aluminum imports to 50%, citing Ontario’s electricity price hikes. The decision led to a drop in the US stock market, sparking concerns about economic slowdown and recession risks. Economists warn of inflation and growth challenges, while the White House emphasizes job creation and factory investments in…

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Wall Street plunges nearly 10% below record as Trump’s tariff escalation sparks market turmoil

Wall Street, New York City (File photo-AP) US stock markets tumbled further on Tuesday after President Donald Trump intensified his trade war by announcing a sharp increase in tariffs on Canadian steel and aluminum, doubling the planned hike to 50%. The move sent Wall Street reeling, with the S&P 500 falling 1.1% in afternoon trading,…

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Airtel pulls a trump card by signing agreement with Musk’s Starlink for marketing services and network expansion

NEW DELHI: Airtel scored a massive edge in the domestic telecom market by striking an agreement with Elon Musk’s Starlink satcom venture, announcing a deal on Tuesday to market the broadband and internet satellite services of the American company while also using its network to supplement its coverage across the country.However, the work on the…

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Explainer: Why IndusInd Bank lost 16000 crore market-cap in 2 hours, what’s next for investors?

India’s stock market turmoil deepened on Tuesday as IndusInd Bank shares nosedived 25%, hitting a 52-week low of ₹674.55 losing approx. 16000 market cap in just 2 hours. This dramatic drop—the steepest since March 2020—came after the bank admitted to accounting discrepancies in its derivatives portfolio, triggering panic among investors and analysts alike.With concerns mounting…

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Pleas against delisting of ICICI Securities scrapped

National Company Law Appellate Tribunal (NCLAT) on Monday dismissed petitions challenging ICICI Securities’ delisting process from stock exchanges.It said the failed to demonstrate any illegality in either the process followed for sanctioning the scheme or in the terms of the plan itself.A two-member NCLAT bench said the petitioners did not have requisite shareholding and were…

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Submit your Leave Travel Allowance claim before this date to save tax, check the deadline

Leave Travel Allowance (LTA) is a tax-saving benefit provided to salaried employees, allowing them to claim exemptions on travel expenses incurred during leave. It helps reduce taxable income under certain conditions and applies to transportation costs for travel within India. However, the exemption is subject to actual expenses and the limits set by tax authorities…

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