Trai paper aims to scale up public Wi-Fi

New Delhi: Telecom Regulatory Authority of India (Trai), has invited stakeholder feedback to revive and scale up public Wi-Fi deployment, signalling a renewed policy push to strengthen affordable internet access.In a consultation paper released on Monday, Trai said India’s current public Wi-Fi ecosystem remains “fragmented and limited in scale,” falling short of becoming a widely…

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Strait of Hormuz blockade persists, but India’s imports of Russian oil are down from highs seen in March – here’s why

Nearly all Indian refiners, except Numaligarh Refinery, are now importing Russian crude. (AI image) India’s imports of crude oil from Russia have dropped from the highs seen in March when the supply disruptions from the Middle East caused by the US-Iran war and the Strait of Hormuz closure prompted refiners to step up buys from…

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Rs 4,000 crore infra push: PM Modi unveils key projects in Sikkim across healthcare, housing, education and other sectors

Prime Minister Narendra Modi is on a two-day visit to Sikkim, where he is participating in the State’s Golden Jubilee celebrations of statehood. During the event, the Prime Minister described the Northeast as India’s “Ashtalakshmi” and highlighted the Himalayan State’s significance within it. During the visit, he also inaugurated and laid the foundation stone of…

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Banks to report all related party forex derivative transactions: RBI

Mumbai: RBI has required banks to report all foreign exchange derivative deals involving the rupee undertaken in India and globally by their entire group, including overseas branches, subsidiaries, and parent entities. This brings into view offshore trades that were earlier largely invisible. This applies to both OTC deliverable and offshore non-deliverable contracts, meaning even speculative…

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Stock Market Live Updates: Nifty opens in red, stays above 24,050; BSE Sensex drops over 100 points as oil prices rise to $110; what’s the outlook?

The record-setting rally in US equities lost some momentum on Monday as fresh uncertainty surrounding the conflict involving Iran weighed on investor sentiment over the weekend. At the same time, oil prices moved sharply higher. The S&P 500 managed a modest gain of 0.1 per cent, closing at yet another all-time high. The advance was…

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RIL, Axis Bank & more: Top stocks to watch on April 28, 2026

Goldman Sachs maintained its buy rating on Reliance Industries with the target price at Rs 1,910. Analysts said the company reported Jan-March (Q4FY26) earnings before interest, taxes, depreciation and amortisation (EBITDA) miss due to weak oil-to-consumer (O2C) margin capture, while high crude premiums and logistics costs offset strong product cracks. Analysts expected sequential margin recovery…

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