The government is not privatising state-run telecom firms Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), Minister of State for Rural Development and Communications Pemmasani Chandra Sekhar said on Wednesday.

Replying to a question in Parliament, Sekhar said that last month, the government had approved an additional capital expenditure plan of Rs 6,982 crore (Rs 69.82 billion) for BSNL.

Mukesh Ambani-led Jio Platforms Limited said on Wednesday it signed a deal with SpaceX to bring Starlink's internet services to India, a day after rival Bharti Airtel inked a similar pact.

"This agreement, which is subject to SpaceX receiving its own authorisations to sell Starlink in India, enables Jio and SpaceX to explore how Starlink can extend Jio’s offerings and how Jio can complement SpaceX’s direct offerings to consumers and businesses," the company said in a statement.

Vodafone Idea has neither provided a bank guarantee amounting to Rs 6,090.7 crore nor made a cash payment of Rs 5,493.2 crore to the Department of Telecommunications (DoT) to cover the shortfall from the 2015 spectrum auction by the stipulated deadline, according to a report by The Economic Times.

This situation could prompt the government to consider potential action.

India ranks as the fifth country worldwide that had the most polluted air in 2024 after Chad, Congo, Bangladesh and Pakistan, according to Switzerland-based air quality monitoring company IQAir.

However, the country marginally improved its position from third in 2023.

India saw a 7 per cent decline in PM2.5 concentrations last year, averaging 50.6 micrograms per cubic metre air (µg/m³) compared to 54.4 µg/m³ in 2023.

Things aren’t going too well for Asia’s richest tycoon. Having gone all out to put a lock on India’s 1.4 billion consumers, Mukesh Ambani can’t afford to have Donald Trump smash open the latch with a sledgehammer. But that is how the threat is unfolding.

The concern in New Delhi is that any retaliatory trade action by Washington will cover broader ground than just India’s “massive tariffs,” as the US president characterised them Friday.

Prime Minister Narendra Modi landed in Mauritius on Tuesday to a grand and warm welcome by Mauritius Prime Minister Navinchandra Ramgoolam at the airport. PM Modi said that he will be meeting Mauritius President Dharam Gokhool, PM Navinchandra Ramgoolam and address a community programme in the evening.

In a post on X, he said, "Landed in Mauritius. I am grateful to my friend, PM Dr. Navinchandra Ramgoolam, for the special gesture of welcoming me at the airport.

IndusInd Bank share price: IndusInd Bank share came under heavy selling pressure on Tuesday, March 11, 2025, after a massive discrepancy in the private bank’s derivative portfolio invited a string of downgrades from analysts amid low earnings visibility.

The stock crashed 20 per cent, hitting its lowest level since November 2020 to an intraday low of Rs 720 per share.

IIFL Capital has received a regulatory warning from the Securities and Exchange Board of India (Sebi) over concerns related to due diligence and disclosure of issue-related expenses and fee timelines in its debt offerings between April 2022 and April 2024.

IIFL Capital disclosed in an exchange filing on Tuesday that Sebi has issued an administrative warning letter dated March 7, 2025.

The Union Finance Ministry on Monday sought Parliament’s approval for Rs 6,78,508.10 crore in additional spending for the 2024-25 financial year (FY25) through the second batch of supplementary demands for grants. This includes 52 grants and three appropriations. Of this, the net cash outgo—the actual additional spending requiring fresh funding—amounts to Rs 51,462.86 crore, while the rest is being offset by savings and enhanced receipts across various ministries.

Canada's Liberal Party has elected Mark Carney as its leader, and he is set to replace Justin Trudeau as the Prime Minister of Canda, as reported by CTV News. Carney secured a win in the first ballot in a race that was triggered after Canada's Prime Minister, Justin Trudeau, announced his intention to step down in early January after a mounting caucus revolt and the resignation of Chrystia Freeland from the cabinet.

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