A parliamentary panel will visit the vital's HQs in Mumbai to speak about a probable reform. The authorities plans to sell land worth Rs 600 crore. More in our top headlines this morning.
Trai's order paves the way for tariff hike via telecom operators
The Telecom Regulatory Authority of India (Trai) has directed telecom operators in opposition to discriminating among subscribers of the equal magnificence in tariff gives. In an order, that would make it hard for telcos to provide surprisingly discounted segmented price lists, the regulator has also made it clean that differential pricing for subscribers porting out from a rival company might not be allowed. Read more...
Centre plans PSU land sale well worth extra than Rs 600 crore thru e-bidding
The Centre is planning to promote land parcels worth extra than Rs six hundred crore of a few public region undertakings (PSUs) thru its new on-line bidding platform as it seems to push the sale of idle property. The initiative, managed by means of the Department of Investment and Public Asset Management (Dipam), may be similar to the pipeline of middle property created for monetisation with the aid of the NITI Aayog. Read more...
Parliamentary panel to speak divesting RBI of debt control role
Amid the pandemic and document borrowing spree by the valuable government, the Parliamentary Standing Committee on Finance is visiting the Reserve Bank of India (RBI) headquarters on Saturday to discuss, amongst different matters, separation of the debt management characteristic from the RBI. Jayant Sinha, chairman of the committee, and former top minister Manmohan Singh, who also served as governor of RBI from 1982 to 1985, might be a few of the contributors gift at the meeting. Read greater...
Reliance's reasonably-priced JioPhone can unleash a credit score revolution throughout the globe
A smartphone extensively believed to be priced under $50, likely the sector’s most inexpensive, will start promoting a week from now. If Mukesh Ambani’s JioPhone Next, an Android tool custom-constructed for India by Alphabet Inc.’s Google, is a hit within the price-aware marketplace, it's going to remedy one hassle for banks while posing every other. With the united states of america’s last 300 million characteristic-phone users going online, there might be a surge of patron statistics that may stand in for collateral. The question is, how will banks get their palms on it? Read greater...
Your EPF account will now display taxable and non-taxable stability
Finance Minister Nirmala Sitharaman had announced within the Union Budget for 2021-22 that hobby earned on personnel’ annual contribution to Provident Fund (PF) exceeding Rs 2.Five lakh could be taxed from April 1. The threshold turned into eventually hiked to Rs 5 lakh for instances in which personnel on my own contribute (and the employer does not). Read extra...
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