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Jio explores tech-for-equity talks with Comcast, Charter Communications

Jio explores tech-for-equity talks with Comcast, Charter Communications

Indian billionaire Mukesh Ambani's Jio Platforms has held talks with several companies including Comcast and Charter Communications about licensing its wireless broadband technology in exchange for potential stakes in the businesses, two people familiar with the matter said.

Jio also held discussions ​with South Africa's MTN Group, but the talks broke down because the two sides were unable to agree ​on valuation and certain licensing issues, the people said.

SC points to report on unrestricted sale of crackers, seeks Centre's action

SC points to report on unrestricted sale of crackers, seeks Centre's action

The Supreme Court on Tuesday pointed to a newspaper report on the sale of different kinds of firecrackers in Delhi markets despite restrictions imposed by it and asked the Centre to ensure compliance of its order.

"In today's report on Hindustan Times there's a photograph... they say that notwithstanding yesterday's order, now everything is available in the shops.

India's gold demand likely to fall to six-year low in 2026 on price rise

India's gold demand likely to fall to six-year low in 2026 on price rise

India's gold demand is expected to fall to a six-year low in 2026, as elevated ​prices weigh on jewellery sales and investment demand ​moderates, the World Gold Council (WGC) said on Tuesday.

The country, the ‌world's biggest gold consumer after China, is grappling with rising living costs in the wake of the Iran war, while a weak monsoon could curtail rural demand for jewellery.

India tax hike drives illegal gold imports to highest level since 2023

India tax hike drives illegal gold imports to highest level since 2023

India’s illegal gold imports surged to the highest since 2023 in the third quarter as a government duty hike spurred use of unofficial channels, according to a report from the World Gold Council.

Informal shipments for July to September jumped more than 1,500% to 50 metric tons from 3 tons a year earlier.

Oil prices rise after report of US strikes on Iran's Qeshm Island

Oil prices rise after report of US strikes on Iran's Qeshm Island

Oil prices rose in early Asian trade on Tuesday after a report that the United States had struck Iran's Qeshm Island, ​raising concerns about an escalation of the eight-month conflict and prolonged ​disruptions to Middle East oil supplies.

Brent crude futures rose 48 cents, or ‌0.5%, to $105.25 a barrel by 0104 GMT while US West Texas Intermediate crude was up 47 cents, or 0.5%, at $96.93 a barrel.

SC says 'don't travel by air', refuses urgent hearing on airfare hike plea

SC says 'don't travel by air', refuses urgent hearing on airfare hike plea

Don't travel by air, the Supreme Court told a petitioner on Monday while refusing urgent listing of a plea alleging nearly 700 per cent increase in airfares.

An advocate mentioned the matter for urgent listing before a bench comprising Justices Vikram Nath, Sandeep Mehta and Aparesh Kumar Singh.

"The aviation fare has increased by 700 per cent," the advocate said.

Razorpay gets final licence to expand cross-border payments from GIFT City

Razorpay gets final licence to expand cross-border payments from GIFT City

Razorpay, the omnichannel payments platform for businesses in India, has received a final Payment Service Provider (PSP) licence from the International Financial Services Centres Authority (IFSCA) to operate in GIFT City.

The licence allows the company to move money into and out of India from GIFT City under a single regulatory framework. It follows the in-principle approval Razorpay received in April 2026.

ED registers money laundering case against Subhash Chandra over loan fraud

ED registers money laundering case against Subhash Chandra over loan fraud

The Enforcement Directorate has registered a money laundering case against media baron Subhash Chandra in connection with an alleged loan fraud that caused a ₹1,322 crore loss to Life Insurance Corporation Housing Finance Limited (LICHFL), officials said on Monday.

HDFC Capital, DivyaSree set up ₹1,500 cr fund to build housing projects

HDFC Capital, DivyaSree set up ₹1,500 cr fund to build housing projects

HDFC Capital has partnered with realty firm DivyaSree Developers to set up a ₹1,500 crore platform for building residential projects.

In a statement on Monday, Bengaluru-based DivyaSree Developers said it has partnered with HDFC Capital Advisors Ltd to "establish an ₹1,500 crore residential platform in India."

Sebi backs LTCG tax relief: What Shankar Sharma, Samir Arora said earlier

Sebi backs LTCG tax relief: What Shankar Sharma, Samir Arora said earlier

The Securities and Exchange Board of India (Sebi) has reportedly recommended that the government remove long-term capital gains (LTCG) tax for foreign investors. The proposal is among the recommendations made by the market regulator as part of its pre-Budget representations, news agency Reuters reported on Monday.

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