HIKE

The government is considering a proposal to double the compensation of senior executives at central public sector enterprises (CPSEs) with a turnover exceeding Rs 100 crore. This aims to bridge the gap with the private sector and retain top talent. ...

IDFC First Bank has underperformed in the market over the past year, gaining only 3% and declining 8% year-to-date. The stock is currently trading 24% below its 52-week high of Rs 100.74.

The government and the telecom regulator do not plan to intervene in telecom companies' decisions to raise prices, stating that tariffs in India remain among the lowest globally. Authorities, however, want the companies to enhance the quality of ser...

India's telecom companies, including Reliance Jio, Bharti Airtel, and Vodafone Idea, are increasing tariffs to boost revenue and fund network expansion, following a lifeline from the Government of India for spectrum purchase. Despite high spectrum p...

Protests in Karnataka escalate over alleged MUDA scam, demanding CBI inquiry. Demonstrators call for CM's resignation amid accusations of irregular site allocations and corruption. The controversy expands to Mysuru district, with protests planned in...

The recent tariff hikes by the top three telcos in the country are expected to raise core inflation by 0.20 per cent in FY25, with analysts at Deutsche Bank revising their core inflation forecast to 3.8 per cent. The impact of the hikes is anticipat...

Most organisations that follow the April to March fiscal cycle hand out salary increments during April to July. About 84% of the companies surveyed by Deloitte have already doled out this year’s increment.

Voda Idea's financial health is expected to improve with a projected increase in ARPU, revenue growth, and a slowdown in market share loss after the tariff hike. Vi is seeking external debt funding to bolster network expansion and 5G rollout after a...

After announcing telecom pack price hikes of up to 25% effective July 3-4, telcos are urging subscribers to recharge long-term plans at old prices to reduce customer attrition. Bharti Airtel, Reliance Jio, and Vodafone Idea (Vi) are promoting 365-da...

India's progressive tax reforms in the energy sector aim to hold energy companies accountable for extraordinary profits, fostering a more equitable financial landscape. The government's strategic measures, including windfall profit taxes and regulat...

7th Pay Commission Dearness Allowance Latest Update: Dearness allowance is a component of salary of the government employees and pensioners. It was introduced to help government employees cope with rising inflation. Will the central government emplo...

Analysts suggest that Vodafone Idea could encounter difficulties in retaining its 2G subscribers, as recent tariff increases indicate that competitors like Reliance Jio and Bharti Airtel remain focused on attracting Vi's low-end customers. Reliance ...

Mobile Tariff Hike: Airtel and Jio and have announced significant tariff hikes, marking the first major rate increase by a telco since 2021. Jio’s new rates, effective July 3, increase by 12-25%, while Airtel’s hikes start immediately. These adjustm...

Reliance Jio and Airtel will raise tariffs from July 3, 2024, to boost Average Revenue per User (ARPU), impacting millions of subscribers. Prepaid users can avoid hikes by recharging before July 3. Adjustments range from 12% to 25% for Jio and 11% t...

The Congress government in Karnataka has been accused of playing politics with the chief minister and deputy CM posts, leading to fuel and milk price hikes and scams in government departments. Opposition leader R Ashoka has called for the CM to resi...

​This is something which we have been arguing that now that both Jio and Bharti have roughly around 20% of their subscribers on 5G, it is only a matter of time that they will start monetising it, which is what it has started.

Kenyan police used rubber bullets and tear gas on protesters in Nairobi. This comes despite President William Ruto scrapping tax hikes after deadly clashes. Young Kenyans led the protests, catching authorities off-guard. Dozens rallied in Nairobi. R...

PPF, SCSS, Sukanya Samriddhi interest in July-September 2024: The government is likely to announce the interest rates of Public Provident Fund (PPF), Senior Citizen Savings Schemes (SCSS), National Savings Certificate (NSC), Sukanya Samriddhi Yojana...

Jharkhand government approved up to 50% salary hike for CM, ministers, and legislators. Chief Minister Champai Soren chaired the cabinet meeting where the decision was made, confirmed by Cabinet Secretary Vandana Dadel.