INCREASE
Telecom competition takes a breather, may recharge Vodafone Idea
The telecom operator's financial health is expected to improve with a projected increase in ARPU, revenue growth, and a slowdown in market share loss after the tariff hike. Vi is seeking external debt funding to bolster network expansion and 5G rollout after a recent capital raise.
Power Ministry may raise FY32 peak demand forecast after review
Projected peak demand for 2031-32 set to exceed 400 GW amidst rising electricity consumption. Challenges include managing heatwave surges and tackling financial viability issues with accumulated losses over ₹6.5 lakh crore.
BMW India posts record sales at 7,098 units in Jan-Jun
BMW Group India excelled in the first half of the year, achieving record sales and maintaining leadership in the luxury electric car segment. President Vikram Pawah expressed satisfaction with the company's performance, highlighting a focus on business performance and customer satisfaction to drive success.
Australia doubles foreign student visa fee in effort to curb migration
Australia has raised visa fees for international students starting July 1, from A$710 to A$1,600, aiming to manage record migration and housing market pressure. The changes also prevent visitor visa holders and temporary graduate visa students from applying for student visas within the country. The move is part of a strategy to create a fairer migration system and address loopholes in student visa rules that have led to a significant increase in subsequent visas.
Will jellyfish rule the beaches in US this summer? Here's what you should keep in mind if a jellyfish stings you
Jellyfish population has seen a significant increase along the US coastlines recently if marine biologists are to be believed, which may be the reason why beach-goers nowadays are claiming that there are more jellyfishes on the shore than earlier. Here are a few things you need to keep in mind about the jellyfish population before you go out for a beach vacation.
Post tariff hikes: Users could spend Rs 47,500 crore more, trade up data plans
The recent hefty tariff hikes by major Indian telecom companies, Reliance Jio and Bharti Airtel, are expected to significantly increase consumer spending on telecom services, potentially adding Rs 47,500 crore annually. These increases, aimed at boosting 5G monetisation, raise the cost of entry-level 5G plans by up to 71%. Analysts anticipate a 15-17% rise in average revenue per user (ARPU) for Jio and Airtel, driven by up-trading to higher data allowance plans. Despite risks of subscriber churn, the hikes are seen as pivotal for enhancing profitability and investment returns in the telecom sector.
Want more engagement on Instagram? Follow CEO Adam Mosseri's expert advice
Instagram Head Adam Mosseri shared valuable tips to help users boost their engagement on the platform. He emphasized the importance of monitoring post performance beyond the first few hours, engaging with comments for up to a week, and focusing on shares as a key metric of success. Mosseri also highlighted that carousels offer multiple opportunities for visibility and stressed that engagement rate is more important than follower count.
Karnataka: Milk price increase will hurt malnourished women & children, BJP leader Suresh Kumar warns Govt
Senior BJP leader S Suresh Kumar has appealed to Chief Minister Siddaramaiah to rescind the increase in milk prices, arguing that milk is the primary protein source for millions of malnourished women and children from economically weaker sections. He emphasized that price hikes in milk diminish the purchasing power of these low-income families, effectively denying them an essential nutrient.
Hedge funds rebuild oil position after OPEC⁺ round trip: Kemp
Navigating through diverse commodities, my investment strategy adapted to changing market conditions. From crude oil to natural gas, I observed shifts in positions and prices, reflecting resilience and caution. The market's response to OPEC+ reassurance and high inventories showcased a dynamic landscape, with investors strategizing for potential opportunities and challenges ahead.
What happens next in the EU investigation into Chinese EVs?
The European Commission plans to impose provisional duties on electric vehicles (EVs) from China, ranging from 17.4% to 38.1%, in addition to the existing 10% tariff. These duties are set to take effect by July 4 as part of an anti-subsidy investigation to protect EU industry. Following publication of findings on July 4, interested parties have until July 18 to comment before final duties are determined.
"Khata-khat...": BJP slams Congress over fuel hike in Karnataka, says our government brought down prices
Puri emphasised that the Centre has taken steps to lower the prices of petrol and diesel. He noted that in states governed by parties opposed to the BJP, the prices of petroleum products remained higher. Puri highlighted that BJP-led states responded to the Modi government's reduction in excise duty by also reducing VAT, which contributed to lowering the prices of petrol and diesel in those states.
Four arrested under NSA for throwing cow head inside temple in Madhya Pradesh
Four individuals in Jaora, Madhya Pradesh, were arrested under the National Security Act (NSA) for throwing a severed cow head onto a temple premises, inciting community unrest. Authorities acted swiftly, preventing a flare-up and increasing security. Community protests and calls for peace followed, with local leaders and officials working to maintain order.
Karnataka hikes petrol, diesel prices by Rs 3 per litre
The Karnataka government has announced a sudden increase in petrol and diesel prices due to a revision in sales tax. Petrol price has risen by Rs 3 to Rs 102.84 per litre, while diesel price has increased by Rs 3.02 to Rs 88.95 per litre. The Petroleum Dealers Association attributes the hike to the state government's sales tax revision. The Finance Department of Karnataka aims to boost state revenue with this move.
Rajasthan increases PM Kisan Samman Nidhi amount by Rs 2,000
The Rajasthan government raised the annual amount received by farmers in the state from Rs 6,000 to Rs 8,000 in the PM Kisan Samman Nidhi scheme. Chief Minister Bhajanlal Sharma announced X. He said that the commitment to farmer upliftment and holistic development remained the government's priority, fulfilling a promise made in the BJP's 'Sankalp Patra' manifesto for the Rajasthan assembly elections.
Bill to raise legal marriage age to 21 for women lapses as 17th Lok Sabha dissolves
Citing provisions of law and Constitution, former Lok Sabha Secretary-General and Constitution expert P D T Acharya told PTI that with the dissolution of the 17th Lok Sabha, "the bill has now lapsed". The bill aimed to amend the Prohibition of Child Marriage Act, 2006 to increase the minimum age of marriage of females to 21 years.
Oil slips for sixth consecutive day on big builds in US oil, fuel stocks
Oil prices decline as U.S. stockpiles rise, OPEC+ plans supply boost. EIA's upcoming report on stockpiles awaited for market impact.
Spotify raises U.S. prices of its premium plans in margin push
On a monthly basis, Spotify has raised prices of its individual plan to $11.99 from $10.99, duo plan to $16.99 from $14.99 and its family plan to $19.99 from $16.99 in the U.S.
India to increase road toll charges from Monday
India will hike road toll charges across the country by 3-5% from Monday, officials said, after putting the annual increase on hold in April due to the country's general elections. Toll charges in India are revised annually in line with inflation, and highway operators have announced hikes of 3% to 5% at nearly 1,100 toll plazas starting Monday.
Qatar Airways in talks with Australia to increase flights
Qatar Airways Chief Executive Badr Mohammed Al-Meer said on Monday the airline was in talks with the Australian government to operate more flights. "We see it moving in a positive way," he told reporters in Dubai, adding that he was hopeful of a positive response within a few months.
Load More
