Jio’s free phone will hit telecom, erode revenues of competitors: Voda to DoT

The country’s second largest telecom player Vodafone expects Jio’s ‘effective free phone’ with unlimited calling to erode operators’ revenues which are already under pressure and sought reduction in various levies imposed by the government as a breather to the industry. “…The new operator continues to aggressively under- price its services, including announcing launch of ‘Effective… Continue reading Jio’s free phone will hit telecom, erode revenues of competitors: Voda to DoT

Note ban attacked black money, raised tax base: PM in I-Day speech

Prime Minister Narendra Modi, from the ramparts of the Red Fort, rolled out statistics to defend demonetisation, while skipping mention of a lower dividend by the Reserve Bank of India (RBI) as a pitfall of this move. In his Independence Day speech, Modi implicitly took on critics for blaming his government for not generating jobs,… Continue reading Note ban attacked black money, raised tax base: PM in I-Day speech

Independence Day offer: Buy OnePlus 5 and get free flip cover, other deals

Planning to buy the OnePlus 5? Why wait – this is one of the ideal times to buy it as OnePlus is offering a free flip cover to those who purchase the phone on or before August 15. Along with a free flip cover, buyers can also avail 50 per cent off on OnePlus Bullets… Continue reading Independence Day offer: Buy OnePlus 5 and get free flip cover, other deals

Govt to initiate PSBs’ consolidation process after Q1 results

The finance ministry is expected to initiate the process of consolidation of public sector banks (PSBs) once the first quarter results of the current fiscal have been announced, a senior official has said. There are various things including financial performance which have to be looked at before a merger decision is taken, said the official… Continue reading Govt to initiate PSBs’ consolidation process after Q1 results

Amazon Great Indian Sale: 50% off on smartphones, home appliances, fashion

The season of the online sale is back and it’s time to lighten your pockets once more. Starting from tomorrow, the sale will go on until August 12. Amazon will be offering discounts on smartphones and mobile accessories. The Amazon Great Indian sale will feature deals offered by thousands of sellers and brands on select… Continue reading Amazon Great Indian Sale: 50% off on smartphones, home appliances, fashion

Arvind Panagariya holds meeting to take stock of bitcoin risk

Outgoing NITI Aayog Vice Chairman Arvind Panagariya on Monday held an inter-ministerial meeting to examine risks related to virtual currencies like bitcoins. The meeting was attended by Home Secretary Rajiv Mehrishi and representatives from the Finance Ministry. The government has been debating over the issues concerning bitcoins and in May had sought public opinion on… Continue reading Arvind Panagariya holds meeting to take stock of bitcoin risk