Govt begins auction for 10,500 MHz of mobile service radio waves in eight bands

NEW DELHI: The Department of Telecommunications (DoT) is auctioning 10,500 megahertz of mobile service radio waves in eight bands to telecom players on Tuesday. Ministry of Communications announced that the frequencies on auction across the spectrum include 800 megahertz (MHz), 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz, and the 26 […]

Moody’s says India’s worsening water shortage may impact its sovereign credit strength

NEW DELHI: Moody’s Ratings on Tuesday said that India’s worsening water shortage, triggered by high consumption amid rapid economic growth and frequent natural disasters, can negatively impact its sovereign credit strength. “This is detrimental to the credit health of the sovereign, as well as sectors that heavily consume water, such as coal power generators and […]

Centre denies not consulting WB govt on water talks with Bangladesh

NEW DELHI: The Centre on Tuesday rejected what it called the ”false claim” made by the West Bengal Government that it was not consulted on the Internal Review of the India-Bangladesh Treaty of 1996 on Sharing of the Ganga/Ganges Waters at Farakka. ”On 24 July 2023, the Government of India sought the nominee of the […]

Vodafone Idea announces new subscription plans for prepaid users, price starts at Rs 154

NEW DELHI: Vodafone Idea has announced new subscription plans for its prepaid customers. The new plans – Vi Movies & TV Plus, and Vi Movies & TV Lite offer access to up to 17 OTT apps along with additional data benefits. The new subscription plans will exist in addition to the current Vi Movies & […]

JK trade show 2024; a grand gala of culture, commerce concludes on high note

SRINAGAR: The Jammu and Kashmir trade show 2024, a vibrant celebration of innovation, culture and commerce, concluded on high note on Monday at the picturesque heritage gardens of Government Arts Emporium in Srinagar. Organized by the Jammu and Kashmir Trade Promotion Organization (JKTPO) under the aegis of Industry and Commerce Department, government of Jammu and […]

Centre imposes stockholding limit on wheat to check hoarding ensure price stability

NEW DELHI: Centre has imposed a stockholding limit on wheat for retailers, wholesalers, processors and big-chain retailers from Monday, to check the hoarding of the foodgrain and to ensure price stability, a senior official said on Monday. Single retailers, big-chain retailers, processors and wholesalers will disclose wheat stocks every Friday, said Union Food Secretary Sanjeev […]

Market ends on higher note in volatile session

NEW DELHI: The stock market on Monday ended on a higher note in a volatile session. Sensex opened at a record high of 77,543.22, and closed at 77,337.59, up 36.45 points, or 0.05%. The index created a fresh all-time high of 77,851.63, and touched a low of 76,954.87. Nifty 50 opened at a record high […]

Railway services, students’ hostels exempted from GST

NEW DELHI: The GST Council meeting chaired by Finance Minister Nirmala Sitharaman has decided to exempt services provided by Indian Railways from GST. Addressing the media after the council meeting, the Finance Minister said the purchase of railway tickets and payments for waiting room and cloak room charges have been exempted from GST. Similarly, no […]

SBI plans to open 400 new branches across country in FY25: Chairman

NEW DELHI: As part of the network expansion plan, State Bank of India (SBI) is planning to open 400 branches across the country in the current financial year. The country’s biggest lender opened 137 branches last fiscal. Of the total, 59 new rural branches were launched. “Somebody asked me if 89 per cent of digital […]

Bangladesh to receive $900 mn World Bank financing for sustainable growth

NEW DELHI: The World Bank’s Board of Executive Directors has approved two projects totalling $900 million to help Bangladesh strengthen fiscal and financial sector policies and improve urban infrastructure and management to ensure sustainable and climate-resilient growth. “Decisive reforms will help Bangladesh sustain growth and strengthen resilience to climate change and other shocks,” Abdoulaye Seck, […]

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