The launch of 5G services in India turbocharged mobile download speeds here, pushing the country's ranking 72 notches higher to 47th spot in Speedtest Global Index, ahead of nations like Japan, the UK and Brazil, according to Ookla. India's speed performance has zoomed up 3.59 times since the introduction of 5G, it said dubbing the country's 5G advancement as "remarkable". In this global pecking order, India ranked not only ahead of its neighbours like Bangladesh, Sri Lanka, and Pakistan, but also some G20 countries, such as Mexico (90th), Turkey (68th), the UK (62nd), Japan (58th), Brazil (50th place), and South Africa (48th place).
'The barbell strategy says that the best way to strike a balance between risk and reward is to invest at the extremes of the risk spectrum.'
The government has raised over Rs 38,300 crore (Rs 383 billion) from the 16-day long auction for Broadband Wireless Access spectrum, which closed on Friday.
The setting up of STEAG is part of the Army's efforts to develop technologies considering the future battlefield, they said.
Some 74 applications for these licences for mobile services are pending with the Department of Telecom.
Winners of recently held 2G spectrum auction will have to make payment, either in full or at least 33 per cent of the due amount, by December 1, the Department of Telecom said on Thursday.
Imagine if the sale of telecom spectrum resulted in a cash payment directly into the hand of every Indian citizen. Absurd? Well, there is a place where petroleum reserves were treated as a 'commons' and their sale now earns every local resident an annual revenue.
Multiple disputes to ensue; auction begins today, but will do little to quell uncertainty.
The government has accepted Telecom Engineering Centre's report that has suggested tough norms for spectrum allocation to GSM operators, a move that may make it difficult for players like Airtel, Vodafone and Idea to get additional frequency.
An ultra-violent film about violence, Kill's greatest accomplishment isn't its death count alone but to challenge our perception of violence, observes Sukanya Verma.
Decks were cleared on Wednesday for launching 3G mobile and broadband services in the country, with the government allocating air waves to private operators after making certain amends to the licence terms.
Demand for 1,800-MHz weak but govt secures a combined Rs 42k cr on Day-1
Sunil Mittal-led Bharti Airtel acquired the African business of Kuwait-based Zain in a $10.7-billion deal, which was completed in June.
'For me, if I want to buy a house to stay, I don't care about indexation because I don't want to sell that house.' 'The only thing that matters to me as a buyer is that the home price should be within my reach.' 'Any market, when speculators and investors go out, it will benefit the middle class.'
Parliament failed to function for the fifth consecutive day on Thursday with the Opposition insisting on a joint parliamentary committee probe into 2G spectrum allocation and Congress and Janata Dal Secular hitting back, alleging land scams involving the Bharatiya Janata Party-led government in Karnataka. Rajya Sabha adjourned almost immediately after it met for the day with Opposition members creating an uproar, while Lok Sabha was first adjourned till noon.
The telecom spectrum auction entered the 33rd round of bidding today after starting off from the Rs 52,689 crore (Rs 526. 89 billion) mark this morning.
Telecom Regulatory Authority of India is understood to have taken a decision to recommend auction of spectrum for the launch of next generation (3G) mobile services.
The home minister also reviewed the preparations for the annual Amarnath pilgrimage scheduled to begin on June 29.
a scarce resource. By some estimates, spectrum worth Rs 7,690 crore (Rs 76.90 billion) has been given away for ''free'' for mobile licences.
On being asked if the ongoing spat between the two countries is going to have an impact on the India-Maldives ties, as well the revenue that Indian tourists have generated for the island nation over the years, the Maldivian leader, who was also the former Minister of Economic Development of Maldives, asserted that it is much more than economics or revenue.
Telecom Regulatory Authority of India has recommended up 62 per cent reduction in base price of premium 2G spectrum and up to 37 per cent in case of radiowaves freed from the cancellation of 122 licences, compared to the amount fixed for previous auction.
Former India cricketer and selection committee chairman MSK Prasad was on Thursday named as strategic consultant by Indian Premier League franchise Lucknow Super Giants.
The youth -- their dreams of government jobs unfulfilled -- are voicing their frustration.
About Rs 52,500 crore (Rs 525 billion) has been offered as of the fourth day of the ongoing wireless spectrum auction on Thursday, with metros like Delhi seeing renewed demand for airwaves.
Foreign companies, except those already present in India, have stayed away from the auction of third-generation mobile spectrum, or 3G, though two new ones are keen on broadband wireless access.Not one new foreign company has applied for 3G. The last day for showing interest in bidding for 3G and BWA spectrum drew to a close on Friday.
With seven million new subscribers, India accounted for the highest net addition of mobile subscriptions globally in the second quarter of 2023, according to the August edition of Ericsson Mobility. Among national markets, India was followed by China with five million and the US with three million subscribers. The subscriber penetration in India, however, stood at 79 per cent, compared to 120 per cent in China, the report said.
Communications Minister A Raja has shifted responsibility for holding auctions for third generation or 3G telecom services to Finance Minister Pranab Mukherjee by requesting him, in a letter last week, to ensure that the defence ministry releases the spectrum it had promised on time.
Reliance Infotel to be the biggest beneficiary.
The two-part trend for blockbuster films was started by S S Rajamouli.
CBI has removed a public prosecutor from the 2G spectrum case after he was allegedly caught in a taped conversation discussing prosecution strategy with one of the high-profile accused Sanjay Chandra, Managing Director of Unitech.
Even before the real 3G mobile services takes off, competition at the trial level is hotting up with Reliance Communications applying for the radio waves for testing of interface for both GSM and CDMA based services.
Hyperactive Telecom Minister Kapil Sibal -- busy trying to 'rescue' the UPA government in the 2G scam ever since he took over after Andimuthu Raja resigned in November -- finds himself caught up in another spectrum scam of the Indian Space Research Organisation's gift of 70Mhz at throwaway prices to its former officer in 2005 that is now turning out to be a Rs 2-lakh crore (Rs 2 trillion) scandal.
Co-lending deals between non-banking financial companies (NBFCs) and banks are likely to rise after the Reserve Bank of India's (RBI's) decision to increase the risk weight on consumer credit, industry leaders and experts say. Smaller NBFCs, they add, may increasingly opt for co-lending as capital markets could become costlier for them. "Smaller NBFCs will be more comfortable with co-lending because they are geography-specific in terms of industry or customers.
The Indian Air Force, in particular, has grown from a very modest beginning just about 90 years ago, to being "one of the most formidable air forces in the world", the IAF chief said.
In just four days of auction, the bid for the pan-Indian broadband wireless access spectrum has gone up by three times to Rs 5,245 crore (Rs 52.45 billion) against the base price of Rs 1,750 crore (Rs 17.50 billion).
Two brothers have begun collaborating in certain businesses.
Unitech denies wrongdoing, calls taped voice fabricated.
The home minister will also review the preparation for the annual Amarnath pilgrimage set to start on June 29.
