The Central Government’s fiscal deficit for the April-November period touched 99% of the Budget estimate for 2014-15.
Telecom Regulatory Authority of India recommended a base price of Rs27bn a megahertz (MHz) for 2,100-MHz spectrum across the country; price is about 22% lower than the reserve price of the same spectrum in the previous auction, conducted in 2010.
Government is considering giving a one-time option to private power companies to shift to regulated electricity tariff from tariff discovered through competitive bidding.
Powered by a strong show on the coal, cement and electricity front, the output of the core industries grew 6.7% in November, higher than the 3.2% growth recorded in the same month last year, and 6.4% in October 2014.
The Telecom Regulatory Authority of India (TRAI) notified a 12.5% inflation-linked hike on analogue cable TV rates.
Non-food credit growth of the banking system slowed to 11% yoy, in November 2014 as compared with an increase of 14.7% in November 2013.
Telecom Regulatory Authority of India recommended a base price of Rs27bn a megahertz (MHz) for 2,100-MHz spectrum across the country; price is about 22% lower than the reserve price of the same spectrum in the previous auction, conducted in 2010.
Government is considering giving a one-time option to private power companies to shift to regulated electricity tariff from tariff discovered through competitive bidding.
Powered by a strong show on the coal, cement and electricity front, the output of the core industries grew 6.7% in November, higher than the 3.2% growth recorded in the same month last year, and 6.4% in October 2014.
The Telecom Regulatory Authority of India (TRAI) notified a 12.5% inflation-linked hike on analogue cable TV rates.
Non-food credit growth of the banking system slowed to 11% yoy, in November 2014 as compared with an increase of 14.7% in November 2013.
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