National
At the opening of India Mobile Congress 2025 in New Delhi, Prime Minister Narendra Modi claimed that 1 GB of wireless data in India now costs less than a cup of tea. He used the remark to highlight India’s strides in making digital services more affordable and accessible. Context of the Statement Modi was inaugurating […]
Business Trade
India and the United States are continuing dialogue over a proposed bilateral trade agreement, with Commerce Minister Piyush Goyal saying that both sides hope to “find a landing ground” on key issues. He confirmed that discussions are ongoing at various levels even amid a U.S. government shutdown. Trade Deal Timeline and Challenges Goyal indicated that […]
Technology
Google is reportedly preparing to invest USD 10 billion in India to develop a 1 gigawatt data centre cluster in Visakhapatnam, marking one of its largest proposed commitments in the country. The project would establish three campuses in villages near the city — Adavivaram, Tarluvada (Visakhapatnam district), and Rambilli (in Anakapalli district). Project Scope and […]
Business Finance
The Reserve Bank of India (RBI) will roll out a pilot project for deposit tokenisation starting October 8, 2025. The initiative will be anchored on the wholesale version of the central bank’s digital currency (CBDC). Concept of Deposit Tokenisation Deposit tokenisation involves converting a traditional bank deposit into a digital token that mirrors the same […]
Business
Tata Consultancy Services (TCS) has cancelled the press conference originally scheduled to announce its Q2 (July-September 2025) results. The company will still release its results and host a call with analysts, but the public event has been called off. Reason and Context The move comes amid speculation that the cancellation is tied to a tradition […]
Markets
Gold prices crossed the $4,000 per ounce mark for the first time on October 8, as investors rushed towards safe-haven assets amid rising economic and geopolitical concerns. Spot gold touched $4,011, while December futures climbed above $4,030. What’s Driving the Rally The surge is being fueled by expectations of a U.S. Federal Reserve rate cut, […]