New Delhi, Apr 12 (PTI) Amid the industry's concerns over less-than-expected price cuts, Trai Chairman PD Vaghela on Tuesday asserted that the regulator's recommendations of a 39 per cent drop in spectrum prices are rational, attractive and backed by "scientific calculations".Vaghela told PTI that in view of the huge market potential of 5G, he is [...]
New Delhi, Apr 12 (PTI) Asserting that reforms are required to strengthen cooperatives in the country, Cooperation Minister Amit Shah on Tuesday said the Centre does not intend to interfere in the functioning of state cooperatives but will endeavour to bring uniformity in state laws through dialogue and coordination. He also emphasised on the need [...]
New Delhi, Apr 12 (PTI) Costlier food items pushed the retail inflation to a 17-month high of 6.95 per cent in March, much above the upper tolerance level of the Reserve Bank, according to government data released on Tuesday.This is the third consecutive month that the Consumer Price Index (CPI)-based inflation remained above the 6 [...]
Islamabad, Apr 12 (PTI) Moody’s Investors Service has highlighted cash-strapped Pakistan’s “significant uncertainty over policy continuity” and falling foreign exchange reserves even as the Pakistan Stock Exchange and the rupee made a steep recovery after Shehbaz Sharif was sworn-in as the new Prime Minister, bringing to an end the political uncertainty in the country.However, the [...]
Kathmandu, Apr 12 (PTI) Nepal has tightened imports of expensive cars, gold and other luxurious goods as its foreign exchange reserves have shrunk. Finance Minister Janardan Sharma told reporters that a proposal had been forwarded to temporarily ban the import of expensive and luxurious vehicles and not to allow the government agencies' vehicles to be [...]
Mumbai, Apr 12 (PTI) The Maharashtra State Electricity Distribution Company (MSEDCL) is resorting to cutting electric supply only when it is facing demand-supply mismatches and that too in pockets where it is facing the highest losses, a senior official said on Tuesday. There is no "planned load shedding" in the state but there is "forced [...]
New Delhi, Apr 12 (PTI) Asserting that the economic situation is likely to improve during the year, Chief Economic Adviser V Anantha Nageswaran on Tuesday expressed hope that the private sector is expected to accelerate capital expenditure from the second half of the current fiscal. The investment from private sector has been muted for past [...]
Take a peek at how Gaurav Jain’s bootstrapped start-up is achieving new milestones New Delhi, Delhi, India (NewsVoir) This March, Creators Gram celebrated its one-year anniversary. This bootstrapped startup founded by marketing enthusiast Gaurav Jain crossed 1 Million USD revenue within 9 months of its operations in India. They have also successfully achieved INR 1 [...]
Consumer price-based inflation jumped to 6.95 per cent in March, mainly on account of costlier food items, according to government data released on Tuesday. The Consumer Price Index (CPI) based inflation was 6.07 per cent in February. The inflation in the food basket was 7.68 per cent in March, up from 5.85 per cent in [...]
U.S. Semiconductor Industry Association signs MoU with its Indian counterpart to boost semiconductor cooperation in India New Delhi, Delhi, India (NewsVoir) The Semiconductor Industry Association (SIA), the top trade association representing the U.S. semiconductor industry, today signed a Memorandum of Understanding (MoU) with the India Electronics and Semiconductor Association (IESA), the premier trade group representing [...]
