NEW DELHI: Telecom tariffs for over 60 crore mobile customers will go up from next month with Vodafone-Idea and Bharti Airtel, two of the country’s leading mobile operators, deciding to increase rates for monthly pre-paid and post-paid consumer plans in view of losses, government dues and mounting debt. While the two companies did not provide details of the quantum of hike, it is expected that this may vary between 5% and 10%. Vodafone-Idea and Airtel, which had reported record losses in July-September ’19-20 quarter, said that the increase in tariffs will help them “remain viable”, while giving them elbow room to invest for network and technology expansion. Vodafone CEO does a U-turn, says will stay invested in India growth story A day after complaining that its India operations are on the brink of collapse over high taxes and spectrum dues demand, British telecom major Vodafone’s Global CEO Nick Read did a u-turn on Wednesday, claiming he was quoted … [Read more...] about Airtel, Vodafone Idea to hike tariffs next month to stay afloat
Sayings about staying positive
The government is unlikely to substantially loosen the fiscal deficit target for the current financial year even though a weakening economy has raised expectations of a fiscal boost, said foreign brokerage CLSA. The Union Budget for FY20 will be presented by Finance Minister Nirmala Sitharaman on Friday. Revenue targets will also need to be revised downwards by 8-10 per cent in the upcoming Budget along with appropriate cut in FY20 expenditure targets after a 8.6 per cent revenue shortfall in the 2018-19 financial year, according to CLSA. “Any large fiscal support appears unlikely,” said CLSA. The government had set a fiscal deficit target of 3.4 per cent for FY20 in the interim Budget in February. 10 terms you must know to be able to figure out Sitharaman's Budget of 10NextPrevPlay SlideshowBudget alert!27 Jun, 2019Finance Minister Nirmala Sitharaman will present the Union Budget to Parliament on July 5, 2019. Ready for the D-day? You need to have a fair idea about … [Read more...] about Govt unlikely to substantially loosen the fiscal deficit target, says CLSA
New Delhi: Highlighting that over 100 days have passed since the abrogation of Article 370 in Jammu and Kashmir, senior BJP leader Ram Madhav on Tuesday said he is in favour of the resumption of political engagement in the Union Territory "sooner than later". Saying that "the sky is the limit" when it comes to demands from various quarters on the issue of Jammu & Kashmir, he emphasised that the demands should be within the ambit of the Constitution. "I am personally in favour of, at least now that almost 100 days have passed since the decision was taken, some kind of a political engagement to start in the Valley," he said at an event here. "I am talking about it (beginning political engagement in the Valley) in my party also. Hopefully, we will be able to do something about it," said Madhav, the BJP's National General Secretary, adding that normal political activities have been going on in Jammu. To a question about what prevents the government from releasing political leaders in … [Read more...] about Political Engagement Should Resume in J&K Sooner than Later, Says BJP Leader Ram Madhav
Popular actor Rajesh Khattar and wife Vandana Sajnani have become proud parents to a baby boy after 11 years of marriage. According to a report in Bombay Times, the child was born around two-and-a-half months ago, however, they kept the news under wraps, as the baby had to remain in hospital for many weeks. The report further reveals that the proud parents brought their newborn whom they named Vanraj Krishna, home recently on the auspicious occasion of Janmashtami. Shahid Kapoor Shares Collage Of Son Zain Kapoor & His Childhood PIC With Caption- ‘Like Father Like Son’ View this post on Instagram 11 years of #Marriage to you has been a journey of so many ups and downs , highs and lows ... but what has stayed constant is #Togetherness #Support #Love and mostly our #Nevergiveupattitude . Our dreams are manifesting and #Positivity is overflowing .. In these difficult times , I want to thank you for being by my side , supporting me, for having my back … [Read more...] about CONGRATULATIONS! Shahid Kapoor’s Stepdad Rajesh Khattar Becomes Father To A Baby Boy At The Age Of 52!
Investors could avoid the NFO of Quantum India ESG (Environment, Social and Governance) Equity Fund as the investment theme is still untested in India, according to investment advisors. ESG investing entails building a portfolio of companies that meet high environmental, social and governance standards. Relatively new to India, this concept is popular in global markets where fund managers have invested $22 trillion into such companies. The investment strategy of the scheme will be to invest in a basket of stocks after intensive analysis of their environment, social and governance practices/standards. The fund will be a multi-cap fund and invest in a mix of large-, mid and small-cap companies that are ESG compliant. The NFO is currently open and closes on July 5. SBI ESG Fund is the only other fund betting on this theme. In the last one year, the fund has returned 9.65% compared to Sensex’s gains of 9.57%. “This is another variant of a diversified equity fund and only time … [Read more...] about Mutual fund investors can avoid Quantum’s new fund focused on ESG: Analysts