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Vodafone Idea (Vi) CEO Akshaya Moondra has signalled that the telco may keep its 5G base pricing lower than bigger rivals Reliance Jio and Bharti Airtel to attract customers as it will be a new entrant in the space. «A decision on 5G pricing will be taken closer to launch, but when you are just starting with a (5G) network which is not yet mature, one will have to look at pricing in that fashion,» Moondra said at Vi's fiscal first quarter earnings call Tuesday. He was responding to an analyst query on Vi's likely approach to 5G monetisation, and whether it is likely to emulate Jio and Airtel, who have both sharply hiked entry-level 5G pricing thresholds to boost average revenue per user (ARPU).

Speaking to the FT's Economics Show podcast, Catherine Mann said the potential for large increases to wages in the coming year is «a problem for next year».  Bank of England cuts interest rates by 25 basis points to 5% Headline inflation hit the the BoE's target rate of 2% back in June, but Mann argued that the UK should avoid being «seduced» into believing that the ongoing struggle against inflationary pressures has finally ceased.  «Prices on services continue to be increasing and by and large, services prices never fall,» Mann said, meaning that wages will have to continue to ri...

India's July retail inflation slowed to 3.54%, its lowest in nearly five years, on the back of a sharp decline in food inflation, data released Monday showed. Economists struck a note of caution, pointing out that the drop was largely due to the base effect of high inflation last year and that it could head back up in the coming months. Retail inflation based on the Consumer Price Index (CPI) in July 2023 was 7.44% while that in June this year printed at 5.08%. Food inflation eased to a 13-month low of 5.42% in July from 9.36% in June, taking overall inflation below RBI target rate of 4% for the first time since September 2019.

release date for The Accountant 2 has been confirmed for April 25, 2025. The sequel, which will debut exclusively in cinemas, is generating considerable anticipation, especially given that it will be the only film slated for that particular release date. The sequel follows the success of the original film, which, despite a modest budget of $44 million, proved to be a hit. With a strategic release date that previously saw success for the film Challengers, there are high hopes that The Accountant 2 will replicate this success. The following weekend will see the debut of the MCU’s highly anticipated film, Thunderbolts, setting up a competitive release window, as per a report by Movieweb.

Will Breaking return in the 2028 Los Angeles Olympics? Breaking's popularity was off the charts in the Paris Olympics 2024 that just ended on August 11, with a grand Paris Olympics closing ceremony, that saw Hollywood stars, sports veterans and IOC officials set the stage ablaze at the Stade de France.

Vodafone Idea’s net loss narrowed sequentially to Rs 6434.4 crore in the fiscal first quarter,from Rs 7675 crore, on the back of lower finance and depreciation & amortisation costs, even though it continued to be dragged by heavy customer losses and high debt. Operationally, the joint venture between UK’s Vodafone and India’s Aditya Birla Group, continued to battle with operational challenges. The telco’s average revenue per user (ARPU) — a key performance metric — remained flat sequentially at Rs 146, even though the full impact of the recent headline rate hikes will flow in only from the fiscal second quarter. But there was a marginal rise in 4G user base that boosted data usage sequentially.

Speaking to the FT's Economics Show podcast, Catherine Mann said the potential for large increases to wages in the coming year is «a problem for next year».  Bank of England cuts interest rates by 25 basis points to 5% Headline inflation hit the the BoE's target rate of 2% back in June, but Mann argued that the UK should avoid being «seduced» into believing that the ongoing struggle against inflationary pressures has finally ceased.  «Prices on services continue to be increasing and by and large, services prices never fall,» Mann said, meaning that wages will have to continue to ri...

Narendra Modi made headlines on Sunday as he held an umbrella for farmers during a heavy downpour while interacting with them at the India Agricultural Research Institute in New Delhi. Despite officials suggesting the event be cancelled due to the rain, the Prime Minister insisted on continuing, even offering to hold umbrellas for the farmers as they conversed. During the event, PM Modi released 109 high-yielding, climate-resilient, and biofortified crop varieties, marking a significant milestone in the country's agricultural innovation. He emphasised the growing adoption of natural farming among farmers, highlighting their conscious efforts to reduce pesticide use and their responsibility towards environmental sustainability.

Key for the Federal Reserve will be U.S. consumer prices on Wednesday where economists look for rises of 0.2% in both the headline and core, with the annual core slowing a tick to 3.2%.

Shah Rukh Khan is hitting the headlines for the wrong reason. A video of the ‘Pathaan’ actor seemingly pushing a man away at the Locarno Film Festival is doing the rounds on X. An X user shared a video clip of Shah Rukh Khan on the red carpet at the Locarno Film Festival on Saturday, where the actor appeared to move toward a man standing near the photographers.

U.S. inflation numbers, the latest Japanese economic data and a slew of UK data could give investors a fresh steer.

inflation is not yet under control, the RBI's latest assessment warns against a hasty return to monetary accommodation. The conviction that India is insulated from global economic slowdowns and in a growth acceleration phase has also diminished. The RBI now anticipates downside risks to growth due to falling corporate profits and reduced government spending.

Read this | HNIs pivot towards early-stage startups as late-stage entities face correction Shiprocket, Tribe and Koch did not immediately respond to Mint’s request for a comment. Globally, investors are increasingly turning their attention to India, seeking to capitalize on the country’s promising investment landscape. Mint has reported that firms like London-based Pantheon Ventures and US-based HarbourVest Partners have expressed intentions to ramp up their investment activities in India.

Even as the US central bank seems set to pivot to monetary easing soon, the Reserve Bank of India (RBI) appears in no hurry to do likewise. Its Monetary Policy Committee’s (MPC) decision on Thursday showed no sign of softening its inflation focus. Not only did it leave the central bank’s repo rate—through which it modulates short-term lending to regular banks—unchanged for the ninth successive time at 6.5%, it hasn’t budged on its long-held “withdrawal of accommodation" stance.

A week is a long time in politics," said former British prime minister Harold Wilson, briefing journalists at the time of a sterling crisis. It was in the mid-1960s and Wilson was referring to the far-reaching fallout of the crisis. Close to 60 years later, I could perhaps be pardoned for tweaking Wilson’s quote to suit the world of macroeconomics.

Waqf Board on three ancient ASI-protected monuments in Burhanpur as Waqf property. A large number of properties in India have come under the Waqf claim over past decades, some of which that made it to the headlines were Mukesh Ambani's home, Antilia, in Mumbai, two islands in Bet Dwarka in Gujarat, properties of the ISB, Microsoft, Wipro and Lanco in Hyderabad, Kolkata's Tollygunge Club, Royal Calcutta Golf Club, ITC Windsor Hotel in Bengaluru and a whole village and a temple said to be 1,500 years old in Tamil Nadu. Also Read: Waqf (Amendment) Bill, 2024 moved in Lok Sabha The Waqf Board has been at the centre of several controversies, mostly due to its claims on lands, and many had demanded amendments to the law governing it. Bringing the spotlight on the controversial Waqf law, Union Minister of Minority Affairs Kiren Rijiju has moved Waqf (Amendment) Bill, 2024 in Lok Sabha today amid opposition by several opposition MPs

Aditya Birla Capital, Aditya Birla Fashion & Retail (ABFRL), Birlasoft, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Hindustan Copper, India Cements, Indiamart Intermesh, LIC Housing Finance, Manappuram Finance and RBL Bank. Chambal Fertilizers & Chemicals and Granules India have moved out of the ban.

The US stock market faced a severe test yesterday, with key benchmarks plunging as investors digested a perfect storm of bearish economic and market headlines.

The premier Web3 conference KBW2024: IMPACT is set to host over 10,000 attendees from 3-4 September 2024

Even as newspaper headlines celebrate equity mutual fund inflows surpassing ₹45,000 crore in June, with systematic investment plans (SIPs) exceeding ₹21,000 crore (growing 9x in the last 10 years), we should remain cognizant that like any true market, equities have two sides to the equation–demand and supply. 

Bharti Airtel initially jumped almost 2% in early morning trade on BSE a day after its consolidated net profit for the June quarter rose more than two-and-a-half times from a year earlier and doubled sequentially, helped by an exceptional gain, along with an improvement in average revenue per user (ARPU) and lower finance costs. Airtel shares were eventually trading 0.61% higher at Rs 1474.95 on the exchange.