A rare bonhomie among three private telecom companies in raising tariffs coming on the back of a bailout package by the government may have helped the telecom sector avert a crisis but the challenges haven't ceased to exist as the industry faces a cash-guzzling task of rolling out 5G networks in the coming months. The sector that provides direct and indirect employment to millions is projected to see Rs 1.3 lakh crore to Rs 2.3 lakh crore of investments in the coming years in creating robust infrastructure and building telecom and network products that have been incentivised by the government through PLI and other initiatives. After years of cut-throat competition and the apex court ruling on payment of past statutory dues left some players in the lurch, billionaire Sunil Mittal's Bharti Airtel and struggling Vodafone Idea almost in tandem raised tariffs, taking the plunge they had long been talking about.
Twenty-six immovable properties worth Rs 101.45 crore, and bank balance totalling Rs 2.28 crore in 22 accounts have been attached provisionally under the Prevention of Money Laundering Act (PMLA) by the Lucknow zonal office of the agency, they said. The Greater Noida-headquartered Bike Bot taxi service is accused of scamming about Rs 3,000-Rs 4,000 crore from 2.25 lakh investors in multiple states including Uttar Pradesh, Madhya Pradesh, Rajasthan and Haryana.
Move beyond making notes and Excel. With a little bit of discipline, a personal finance software can help you be your own money manager.
'This is a blip in the 100-year history of cinema.'
Housing sales fell 37 per cent year-on-year during the 2020 calendar year while gross office space leasing declined 35 per cent on low demand because of the coronavirus pandemic, but demand improved significantly in the last quarter to cross pre-COVID level, property consultant Knight Frank India said on Wednesday. In its 'India Real Estate - Residential and Office Update H2 2020' report released on Wednesday, the consultant reported that sales of residential properties fell 37 per cent to 154,534 units in 2020 across eight cities as compared with 245,861 units in the previous year.
Until your home loan is sanctioned, some silly mistakes on your part before making the first move can derail the most important goal of your life.
Terming the 23.9 per cent fall in economic growth in the June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said bureaucracy should come out of complacency and take meaningful action. The current crisis requires a more thoughtful and active government, he said, adding, "Unfortunately, after an initial burst of activity, it seems to have retreated into a shell."
A dream home can be closer to reality if you live a financially disciplined life. All that it takes is to make smart moves at the right time in your life and career.
Here's how you can ensure you have enough in your kitty and be in command of your finances.
For a borrower, who has serviced his loan without missing any repayment, the banks will be willing to take over the loan, give a top-up, and would offer lower interest rates, says Tinesh Bhasin.
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Data for the four largest emerging economies showed contrasting activity trends in November. China registered growth for the seventh month running, while India posted the fastest growth since June.
The 'DPD' indicates how many days a payment on a respective account has been delayed. Simply put, it's trouble for the borrower
There are umpteen cases where travel websites and airlines advertise tickets for unbelievably low prices, without mentioning taxes and other charges.
'It reduces the immediate financial strain on your family and helps you take control of your finances without being dependent on your parents.'
If you default, it will affect your credit score and your career.
Each partner should discuss retirement accounts, property owned prior to marriage.
Managing your money in January will set the trend for rest of the year, says Adhil Shetty.
The pace of economic growth in emerging markets continued to revive from the stagnation seen earlier in the year.
A top-up loan could come to your rescue in an emergency. Here's why
The HSBC Emerging Markets Index, a monthly indicator derived from Purchasing Managers' Index surveys, inched up to 50.6 in May from 50.4 in April, indicating weak output growth across global emerging markets.
According to analysts, most of the growth in the smartphone space will come from existing users, who will be lured to upgrade their handsets as new features and technologies turn existing features redundant, says Arnab Dutta.
The HSBC Emerging Markets Index, a monthly indicator derived from the PMI surveys, inched up to 50.4 in April, from 50.3 in March, signalling only a marginal increase in output across global emerging markets in April.
'With 2017, will one shed violence, terror, rape, rage, pollution, environmental degradation and loss of humanity?' 'That may be too much to hope for, but for a while -- away from the carousing and partying -- spare a thought for hope and concord.' 'The world is still a beautiful place, if a little flawed,' says Kishore Singh.
The advice your mother gave you about choosing your friends wisely got a whole new meaning with lenders looking at your social media posts
Collateralisation of other loans and prior approval for additional leverage are things to watch out for
'The economy of Kashmir has collapsed.'
It is safe already to etch in granite the prediction that Bajrangi Bhaijaan, will be a record-breaking box-office whopper, says Raja Sen.
Beware of spot offers and discounts aimed to lure you into binge buying.
Rishi Mehra on the home work you need to do before opting for one
Mind/life coach, NLP trainer and Mental Health Guru Anu Krishna encourages you to talk about your problems and offers solutions.
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
If you are looking to stay in the property, unnecessary delays will only increase the cost.
'Did she, for a minute, think of what I've gone through or what my parents have gone through?' 'I've gone through hell. I wasn't given a chance to grieve for Pratyusha.' 'It was her financial mess that landed her in depression.'
'Kishore Kumar lived like a king and knew that he could get away with anything. It's as simple as that.'
In an online chat with readers on October 14, Anil Rego answered their credit card queries.
Avoid getting into a debt trap by using your credit judiciously. Anil Rego explains how
Before applying for a home loan, make sure you have not been delinquent in the past six months at least.
