TNM

Finance Ministry For Fresh Proposal On 3G Prices

Finance Ministry For Fresh Proposal On 3G Prices The Union Finance Ministry has asked the telecom department to double the floor price for 3G and wireless broadband spectrum. The move can further delay the 3G auction process scheduled for January 16.

The finance ministry has asked to submit fresh proposal to the Cabinet with the desired changes. Two anonymous executives of the telecom companies said that the move would make 3G services more expensive for the consumers. Telecom companies expressed reservations on the fresh move of 3G prices issue.

Inflation Falls To 6.38%

Inflation Falls To 6.38% Inflation rate continues to decline and currently stands at a 10-month low of 6.38%. It stood at 6.61 per cent last week and eased marginally following the decline in prices of almost all primary, manufactured and food articles. The inflation rate touched the peak level of 12.92 per cent in the first week of august, leading to tight monetary policy by the Reserve Bank of India to control price rising.

Vehicle Sales Declines In December

Vehicle Sales Declines In December Vehicle sales witnessed decline in the month of December following the slow demand due to the global financial crisis. Sales of passenger as well as commercial vehicles posted slow growth rate. Maruti Suzuki, General Motors and two-wheeler makers Hero Honda and Bajaj recently released their sale figures which indicate the adverse state of automobile sector in the country.

Tabu - Vogue India’s Cover Girl!

Tabu - Vogue India’s Cover Girl!Multi-talented actress Tabu is making headlines by her new avatar on Vogue magazine’s cover page.

Tabu graces the cover of the ‘January 2009’ issue of Vogue magazine, which celebrates feminine shape that defines a woman.

Tabu, known for her quintessential Indian silhouette and perfect acting skills, is seen in an attractive silk dress embroidered with Swarovski stones.

The issue is a must have as Tabu has a free-wheeling chat with director Homi Adajania (of ‘Being Cyrus’ fame).

BSNL Rolls Out ‘IPTV’ In Haryana

BSNL Rolls Out ‘IPTV’ In HaryanaBharat Sanchar Nigam Ltd (BSNL) has made announcement about the launching of its ‘Interactive Personalised Television and Video Services’ (IPTV) services in Haryana.

In order to fulfill this initiative, State-run telecom operator (BSNL) has joined hands with Smart Digivision.

IPTV is a system delivering digital content services to subscribers using the Internet protocol over a broadband connection using closed network infrastructure.

Fiscal Package to help labour Intensive Export Sectors

Second Fiscal Stimulus package to help labour intensive sectors may be announced in the evening today. The package may help stock markets as it will address the concerns of various sectors and will boost the sentiment. Experts believe that the second package will offer major help to various labour intensive sectors. In addition, the government may announce some ammendments to earlier package announced last month.

CNBC-TV18 has confirmed the reports from PMO sources that a package may be announced after market hours, around 6 pm. Market experts believe that India will be able to maintain a GDP growth above 7%.

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