Jio announces free domestic voice calls from Jan 1 as IUC regime ends
With the interconnect usage charges (IUC) regime for domestic voice calls coming to an end, Reliance Jio on Thursday said that all calls from its network to other networks anywhere in India will be free from January 1, 2021. As per the telecom regulator’s directions, ‘Bill and Keep’ regime is being implemented in the country […]
Rupee rises 11 paise to 73.38 against US dollar in early trade
The rupee added another 11 paise to trade at 73.38 against the US dollar in opening session on Tuesday in line with stronger Asian peers and positive domestic equities. The sustained foreign fund inflows also supported the rupee, traders said. At the interbank forex market, the domestic unit opened at 73.42 against the US dollar, […]
India needs to lower its logistics cost to 7-8% of GDP: Report
There is an urgent need for India to lower its logistics cost to 7-8 per cent of the GDP, according to a report by Confederation of India Industry (CII) and Arthur D. Little. It recommended a 20-25 per cent reduction in indirect costs. The report noted that the current logistics cost of India is 14 […]
India Aims To Surpass China In Mobile Manufacturing: Ravi Shankar Prasad
India is now aiming to surpass China in the field of mobile manufacturing with the production-linked incentive (PLI) scheme attracting global majors in this segment to the country, telecom and IT minister Ravi Shankar Prasad said on Monday. He said that the government is looking to make India a hub of other electronic products as […]
Australia to make Facebook, Google pay news outlets for content
Australia on Tuesday finalised plans to make Facebook Inc and Google pay its media outlets for news content, a world-first move aimed at protecting independent journalism that has been strongly opposed by the internet giants. Under laws to go to Parliament this week, Treasurer Josh Frydenberg said the Big Tech firms must negotiate payments for […]
Petrol, diesel prices rise for sixth straight day
New Delhi: Petrol and diesel prices rose for the sixth day in a row on Monday as rates went up by 26-30 paise per litre. Petrol price was hiked by 30 paise per litre and diesel by 26 paise, according to a price notification of oil marketing companies. Rates for petrol in Delhi rose to Rs […]
Petrol price at 2-yr high of Rs 83 per litre, diesel at 73.32
New Delhi: Petrol price on Saturday breached the Rs 83 per litre-mark in Delhi for the first time in more than two years after a rally in international oil prices forced a 13th increase in rates in the last fortnight. Petrol price on Saturday was raised by 27 paise per litre and diesel by 25 paise, […]
Fuel prices jacked up after nearly 60 days
The prices of petrol and diesel were raised in Calcutta by 20 and 25 paise, respectively, as firming international oil prices broke a nearly two-month-long hiatus in price revision. In Calcutta, the price of petrol rose to Rs 82.79 a litre from Rs 82.59 per litre, while diesel rates stood at Rs 74.24 per litre […]
Digital gold gains currency
Millions of Indians continued the age-old tradition of buying gold during Diwali this year with a new-age twist. Consumers took to the relatively new digital gold category to avoid trips to crowded markets during the pandemic; that they could buy without a minimum purchase restriction added to the attractiveness of digital gold as the price […]
Maruti Suzuki Ertiga crosses 5.5 lakh units sales mark
SRINAGAR: Auto major Maruti Suzuki India on Tuesday said its next-gen Ertiga multi-purpose vehicle (MPV), has crossed 5.5 lakh cumulative sales milestone since its launch in November 2018. Powered by a 1.5L K-series petrol engine, the next gen Ertiga is equipped with Smart Hybrid and automatic transmission technology. It also has a factory-fitted S-CNG option. […]
