RBI’s rejection of the deal basically indicates that it does not trust the books of non-bank companies, particularly, those with links to the real estate sector. That would have ripple effect across the sector and increases the risk of contagion as fear and a trust deficit spreads throughout the financial system.
The IUC regime is an incentive for incumbents to keep providing outdated 2G services and avoid shifting to full VoLTE 4G networks
The underlying basis of scrapping interconnect usage charges (IUC) was the maximisation of consumer welfare in a sustained manner and adoption of more efficient technologies that are vital for orderly growth of the telecom services sector in India.
Scrapping IUC would incentivise technological evolution, preserve competition and ultimately benefit consumers.
The employees have also planned lunch-hour protests and want to know what the government is doing to revive the two companies.
Jio has promised that this charge will go away as soon as TRAI implements zero IUC
The Modi-Xi informal summit is a good time to analyse the economic capacity of China, especially the role of manufacturing sector, in powering the country and its positioning in the China-India dynamics.
In a space crowded with many players, it’s the cost of funds that will set apart the men from the boys
Several studies indicate that coal is losing its charm in India. The global trends indicate that global capital is fleeing coal. In such a scenario, is it a smart move for India to open commercial coal mining to 100 per cent FDI?
It’s not all hunky-dory yet as a few trouble spots remain along the way
Companies like JSW Steel and Tata Steel have brought up these issues to the government’s notice after the closure of the IBC process. Many cases are also stuck in endless or subsequent litigation.
Space engineers learn from their failures and are getting better at orbital mechanics, even landing probes successfully on fast moving asteroids, like Japan’s Hayabusa 2. ISRO’s next Moon-shot will be a collaborative effort with Japan’s JAXA scheduled for 2024.
Manufacturers and retailers have significantly reduced in numbers, necessitating shut downs or downsizing of staff and operations by half compared to two years back
Kerala’s International Women’s Trade Centre, a first in India, is pitched as a safe space away from home for women entrepreneurs who are eager to leverage their entrepreneurial abilities and for those who seek global exposure to their products.
Revenue collection barely covers the interest servicing cost of these projects, let alone project returns, says an SBI Caps report
If the government stays firm on its determination to go ahead with the amended traffic rules and if the traffic police implement these rules in the right earnest and in its true spirit, Indian roads will be much safer than what they are today.
For a growing economy like India, privatisation and modernisation of airports is non-negotiable and India’s decision to privatise its metro airports in the past has delivered significant results.
The AH-64 is great, but, why does the Indian Air Force feel the need for four types of attack helicopters? It shows a fundamentally muddled mind and a severe myopia of higher defence planning.
What kind of an interaction can a university committee, and of what competence, have with someone who has already been recognised for an emeritus position on the basis of a distinguished academic career spanning decades spent in intensive research and quality publications?