Telecom operator Bharti Airtel on Friday announced the launch of its 5G services in Hissar and Rohtak, expanding the reach of the new age hi-speed network in Haryana. Airtel's 5G services are already live in Gurugram and Panipat. "Hissar and Rohtak gets ultrafast Airtel 5G Plus services in addition to Gurugram and Panipat," the company [...]
Islamabad, Jan 6 (PTI) Prime Minister Shehbaz Sharif has made a telephonic call to International Monetary Fund chief Kristalina Georgieva to break the deadlock over the release of the next tranche of assistance for cash-strapped Pakistan, according to a media report on Friday. The contact was made four days before an expected face-to-face meeting between [...]
After facing a setback at NCLAT, which refused to stay a CCI order on abuse of dominant position in multiple markets in the Android mobile device ecosystem case, Google is mulling approaching the Supreme Court, according to sources. When contacted, Google declined to comment on the matter. While Google remained tightlipped about its next move, [...]
RBI Governor Shaktikanta Das on Friday said the government and the central bank are in discussion with South Asian countries to have cross-border trade in rupee. He also said the central bank digital currency (CBDC) is in trial phase and the RBI is moving very carefully and cautiously on digital rupee launch. After the successful [...]
Pakistan central bank's foreign exchange reserves plummeted to an eight-year low of over USD 5.5 billion amidst fear of default, according to a media report on Friday. The forex reserves have dwindled despite efforts by the government to shore up its economy. According to a report by the Dawn newspaper, the State Bank of Pakistan's [...]
Realty firm Macrotech Developers Ltd on Friday reported a 16 per cent growth in its sales bookings at Rs 3,035 crore in the third quarter of this fiscal on better housing demand. Macrotech Developers, which sells properties under the 'Lodha' brand, is one of the leading real estate developers of the country. In a regulatory [...]
Capital markets regulator Sebi on Thursday extended the timeline till January-end for entering the details of existing outstanding non-convertible securities in the security and covenant monitoring system hosted by depositories. Earlier, this was to be complied by October 31, 2022. This is the second time Securities and Exchange Board of India (Sebi) has extended the [...]
The Varde Partners-Arena consortium has emerged as the highest bidder after it submitted a revised bid on Thursday with an additional cash component of Rs 3,600 crore for the two Srei group of companies under the insolvency and bankruptcy process, sources said. It has offered a marginally higher cash component in its earlier bid, which [...]
IDBI Bank on Thursday said the Sebi has permitted the Union government to classify its stake in the bank as "public" after its stake sale on condition that its voting rights do not exceed 15 per cent of the total voting rights. The intention of the Government of India to get its shareholding re-classified as [...]
The National Statistical Office will release the first advance estimates of economic growth for 2022-23 on Friday evening, three weeks ahead of presentation of General Budget in Lok Sabha on February 1. The first advance estimates of national income for 2022-23 is significant because the data is used for preparing the Budget of the central [...]
