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Will February 1 be Nirmala Sitharaman's Thatcherite moment?

For FM, Feb 1 could be the proverbial moment to borrow from Thatcher's playbook and go on a privatisation spree.
The Economic Times

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TARIFFS

Telcos’ move to raise revenue may widen risk of customer churn

Airtel, Vodafone and Jio had raised tariffs of bundled prepaid services plans 14-33% just over a month ago.

Maharashtra: Power may get dearer for societies with solar panels

Mahavitaran seeks to impose extra charge on green housing societies.

TRAI extends deadline for comments on tariff offers paper

This is the second extension sought by the stakeholders for commenting on the paper...

ET Prime Distribution
  • Local cable operators (LCO) have sought a meeting with the broadcast regulator to “discuss” issues they are facing with respect to tariff rules even as television broadcasters have challenged the recent amendments to the new tariff order (NTO) in the Bombay High Court.

    The real target for companies with long-term vision to be a global leader would be to build 100 GW. Within the next 10 years, we will see 100 GW companies in renewables or even in just solar. We are prepared to be one of them. India maybe contribute to half of that capacity, said Nanda in the interview with ET.

    Trump is slated to sign the Phase 1 trade agreement with Chinese Vice Premier Liu He at the White House on Wednesday at 11:30 a.m. (1630 GMT). The signing occurs a week before the U.S. Senate is due to begin its impeachment trial of the U.S. president.

    The industry has been demanding a reduction in the overall charges paid by the operators mainly licence fee and spectrum usage charges, ICRA said in a pre-budget expectation note on Monday.

    Solar Energy Corporation of India is the renewable energy ministry's nodal agency that is responsible for conducting wind and solar auctions. It had issued the tender on Friday with a ceiling tariff of Rs 2.93 per unit. The ceiling tariff had earlier been revised from Rs 2.85 per unit to Rs 2.93 to encourage participation.

    The Nikkei share average fell 0.45 per cent to 23,916.58.

    The Directorate General of Foreign Trade (DGFT) also asked traders to suggest appropriate HS codes for products imported by them which do not have any classification and fall under the ‘others’ category. Every traded product is categorised under an HSN code (harmonised system of nomenclature)—the global systematic classification of goods.

    Admitting the petitions from the Indian Broadcasting Foundation (IBF), and top broadcasters, the two judge bench of justice SC Dharmadhikari and Justice RI Chagla issued notice to Trai asking to respond within a week. The court will hear the matter or January 22nd.

    Indian Broadcasting Foundation (IBF), Sony Pictures Networks India (SPN), Walt Disney, which owns Star India, Zee Entertainment Enterprises, Reliance Industries-owned TV18 and the Producers Guild of India moved the Bombay High Court, challenging the Telecom Regulatory Authority of India’s amendments to the New Tariff Order (NTO).

    The reduction in mobile number portability (MNP) is good news for telcos since it means they have to invest less in trying to retain existing customers, said industry executives and analysts. MNP fell to 4.1 million in October last year from 5.4 million in the previous month, and the MNP churn rate dipped to 0.3% from 0.5% in September.

    Trai's move goes against the government's stated position of ensuring the ease of doing business, they said.

    The country’s mobile user base is set to fall for the first time in eight years this calendar with many people likely to give up their second or third connections due to rising cost of ownership.

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