Operators Bharat Sanchar Nigam Ltd, Bharti Airtel, Vodafone-Essar, Aircel, Mahanagar Telephone Nigam Ltd and Idea Cellular might have to fork out over Rs 11,200 crore for having spectrum beyond 6.2 MHz, if the government accepts the Telecom Regulatory Authority of India (Trai) recommendations.
Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic. The COVID-19 outbreak ravaged lives and livelihoods on a global scale, shuttering businesses and jolting world equities. But amid all the gloom, Indian stock indices gave hope of returning to winning ways towards the latter part of the year.
India has the third highest number of billionaires in the world after the US and China, according to a new list by the prestigious Forbes magazine, which said Reliance Industries chairman Mukesh Ambani reclaimed his spot as Asia's richest person, dethroning Chinese business tycoon Jack Ma who was the richest person in the region a year ago.
The government believes that WTO's push for initiating negotiations on substantive obligations related to e-commerce will oblige India to permanently accept the current moratorium on imposing customs duties on products traded electronically.
The Board of Control for Cricket in India's Committee of Administrators (COA) on Tuesday doubled the annual retainership amount to Rs 2 crore for seven Grade A cricketers, including captain Virat Kohli and former skipper Mahendra Singh Dhoni.
Even as both India and the world struggle to re-build after COVID-19, they face slow-burn problems that could develop into full-blown crises, observes T N Ninan.
Rich are getting richer and the poor are getting poorer.
The liquidity-fuelled rally will continue for some time, however, fundamentals are getting stretched.
India have time and again showed at the junior level the gulf that exists between them and other teams
Other countries with a large number of cases including Brazil, Russia, Spain and the United States of America, all have more people heading to work.
The number of ultra rich falls to 2.56 lakh in 2018 from 2.63 lakh. As much as Rs 262 lakh crore of the wealth possessed by the high networth individuals are in the form of financial assets, while the rest are parked in physical assets.
This perversity in vaccine distribution needs immediate correction. It requires a complete withdrawal of the 'Liberalised Vaccine Policy', and a 100 per cent takeover of the vaccine procurement by the GoI, asserts R Ramakumar.
The Modi government is notoriously honest about one fact: It does not listen to economists, observes Shekhar Gupta.
Apple on Wednesday launched the Series 4 of the Watch and three phones -- iPhone XS, XS Max and XR -- at the Steve Jobs Theater in Cupertino, California.
With his eye on next year's Party Congress, Xi Jinping is using the CCP's centenary celebrations to publicise the benefits for China from its leadership, and boost his image and contribution to China's rise, observes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
In September, sales of 125cc models - that include the Hero Glamour, Splendor, Pulsar 125, Victor Star City, among others - grew by a whopping 30 per cent over the same period a year ago to 305,615 units.
The winners of this year's Indian Premier League title will take home Rs 15 crore while the losing finalists will bag Rs 10 crore, according to Cricket Board sources.
A cross-country comparison shows that India currently has the lowest number of taxpayers.
A peek into the features that will make or break this latest DSLR from Nikon
In Indian context, among top gainers on the spot National Commodity and Derivatives Exchange, is coriander that saw its price moving up nearly 38 per cent (year-to-date, or YTD).
TCS contributed the most to stock market wealth.
The Union Budget on Monday evoked contrasting responses in the political arena with the ruling Bharatiya Janata Party hailing it as a vision for an 'Aatmanirbhar Bharat' and the Opposition describing it as a 'let down like never before' that was meant to 'deceive' people.
As a result, the global investment in developed countries will triple in the next two decades.
Asset allocation is a difficult job that most people cannot get right. Here's why and how you should correct the flaws.
While the world is better fed than it was 50 years ago, those gains are now under threat.
'Like Nehru, too, Modi has found dealing with Beijing more and more difficult and has adopted an increasingly assertive approach towards managing India's northern neighbour.'
The US president's remarks elicited laughter from the world leaders gathered in the UN General Assembly hall for the General Debate.
India's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the Covid-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.
There are several welcome standalone reforms, but these do not add up to a coherent strategy to achieve a $5 trillion economy or secure Aatmanirbharta, observes Rathin Roy.
The world's richest are getting richer despite the economic crisis.
Seven best smartphones unveiled at Consumer Electronic Show 2013 at Las Vegas
Number of people in the world with more than $1 million to invest soared to a record of 12 million in 2012, a 9.2 per cent increase over 2011.
Two Indians have made it to the Forbes list of 400 Richest Americans.
'If you give your ID and password to somebody else, how can anybody blame the technology for that problem?'
The existing wealthy are poised to gain even greater wealth.
Private wealth in India will more than double to $4.5 trillion by 2017.
Paris St Germain reached the Champions League semi-finals despite a 1-0 home defeat by holders Bayern Munich as they progressed on away goals
Take a look at the 25 best countries for doing business.
Divya Nair is spoilt for choice, but picks her favourite Rajini films.
The biggest spend (Rs 4,406 crore) was for Schedule VII (II), which involves "promoting education, including special education and employment enhancing vocation skills, especially among children, women, elderly and the differently abled and livelihood enhancement projects". The FY19 spend was 17.2 per cent higher than Rs 1,0128.3 crore spent during the previous year.
