SC refuses to accept Voda’s proposal to pay Rs 2,500 cr

SC refuses to accept Voda’s proposal to pay Rs 2,500 cr

Tuesday, 18 February 2020 | PTI | New Delhi

The Supreme Court Monday rejected telecom firm Vodafone’s proposal to pay Rs 2,500 crore by the end of the day and Rs 1,000 crore by Friday against Adjusted Gross Revenue (AGR) dues, while also refusing its plea that no coercive action be taken against it. A bench headed by Justice Arun...

Moody’s cuts India growth projection to 5.4% for 2020

Tuesday, 18 February 2020 | PTI | New Delhi

Moody’s on Monday slashed India’s growth forecast for 2020 to 5.4 per cent from 6.6 per cent projected earlier, on slower than expected economic recovery. In its update on Global Macro Outlook, Moody’s Investors Service said India’s economy has decelerated rapidly over the last 2 years and economic recovery is likely to...

RBI Guv: Govt must continue reforms; green shoots of recovery need to sustain

Tuesday, 18 February 2020 | PTI | New Delhi

Reserve Bank Governor Shaktikanta Das on Monday said the government will have to use structural reforms to revive demand and support the sagging economy, and green shoots of the recovery visible now need to be sustained to pull India out of its worst slowdown in 11 years. In an interview with...

Fiscal deficit figures absolutely realistic: Nirmala

Tuesday, 18 February 2020 | PTI | Bengaluru

Union Finance Minister Nirmala Sitharaman on Monday defended the fiscal deficit figures in the union budget and termed it as “absolutely realistic”. “I think this budgetwe have been absolutely realistic both on the score of revenue generation and on the score of what we can spend or borrow, so figures therefore...

AGR dues: Vodafone Idea says will 'immediately' pay Rs 2,500 cr to DoT

AGR dues: Vodafone Idea says will 'immediately' pay Rs 2,500 cr to DoT

Monday, 17 February 2020 | PTI | New Delhi

Vodafone Idea Ltd (VIL) has said its board has authorised the company to immediately pay Rs 2,500 crore, a portion of its statutory dues, to the telecom department on Monday. The company also said that it will pay another Rs 1,000 crore before the end of the week. "The board will take...

Lack of understanding of financial products hindering MSME progress: RBI official

Lack of understanding of financial products hindering MSME progress: RBI official

Monday, 17 February 2020 | PTI | Guwahati

The lack of basic understanding of financial products and services is hindering the progress of MSMEs, a senior RBI official has said. Micro, small and medium enterprises play a significant role in economic development, in terms of their contribution to employment generation, innovation, exports and inclusive growth, he said. The union government...

Airtel pays Rs 10,000 cr AGR as Govt gets first dues

Airtel pays Rs 10,000 cr AGR as Govt gets first dues

Monday, 17 February 2020 | IANS | New Delhi

The first AGR payment came to government as Airtel on Monday paid Rs 10,000 crore dues to the Department of Telecom (DoT). The company said it is paying Rs 10,000 crore in compliance with the Supreme Court order. It paid Rs 9500 crore on behalf of Bharti Airtel and Telenor which has...

‘Airtel, Voda Idea, Tata Tele likely to pay AGR dues today’

‘Airtel, Voda Idea, Tata Tele likely to pay AGR dues today’

Monday, 17 February 2020 | PTI | New Delhi

Telecom operators Bharti Airtel, Vodafone Idea and Tata Teleservices are likely to make payment for adjusted gross revenue (AGR) dues on Monday to avoid stringent punitive action from the Telecom Department, according to an official source. The three companies are jointly liable to pay dues of over Rs 1 lakh crore,...

State Editions

Sunni Waqf Board’s crucial meeting on February 24

18 February 2020 | PNS | Lucknow

Rs 7,900 cr plan okayed for FY ’20-21 for HP

18 February 2020 | PNS | Chandigarh

Inbrief

18 February 2020 | PNS | Chandigarh

Sunday Edition

Sustainability goals 2020

16 February 2020 | Somnath Debnath | Agenda

Ways to Staying Healthy

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Be your own well-wisher

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You can write your life anew

16 February 2020 | Bharat Bhushan Padmadeo | Agenda

Talktime | ‘I have been my own person’

16 February 2020 | Shalini Saksena | Sunday Pioneer

Larry’s theme for a dream

16 February 2020 | Shalini Saksena | Sunday Pioneer