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NEW DELHI/KOLKATA: India’s top telecom operators decried the sector regulator’s suggestion that the government grant service authorisation to companies offering communication services instead of entering into a contractual agreement, warning that such a move would ring in regulatory uncertainty and undermine investor confidence. All three private carriers — Reliance Jio, Bharti Airtel and Vodafone Idea (Vi) — unanimously stated during a consultation process of the regulator that the current practice of contractual arrangement should continue as it provides regulatory certainty and predictability. But the Telecom Regulatory Authority of India (Trai) has not agreed to the demand of telcos.

MB Patil has taken exception to Union Commerce & Industries Minister Piyush Goyal’s comment that “we should aspire to have our own Silicon Valley” wondering if Bengaluru was no longer one. The union minister’s comments were “unwarranted,” as Bengaluru is globally renowned for its technology and startup ecosystem, he told ET. The two ministers sparred on the microblogging site after Goyal’s comments at an event in Delhi on Monday went viral. The union minister put out a clarificatory post on Thursday in response to Patil’s comments. “Silicon Valley in Bengaluru is suffering from the apathy of the State Govt to provide logistics support, quality infrastructure, good roads whereas the Central Govt. continues to support the State even in developing an industrial township in Tumakuru under the Chennai-Bengaluru Industrial Corridor.

Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising

Electronic pagers that were popular status symbols in the 1990s are used for communication precisely because they are old school

Oregon Gov. Tina Kotek is using a new land use law to propose rural land for a semiconductor facility

The Agency founder and CEO Mauricio Umansky joins ‘Varney & Co.’ to discuss plummeting office values and provide his take on housing prices.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

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ease of doing business, imports, GST rates and misconceptions about processed food items. During the meeting, food companies demanded reduction in GST rates of many food items. A high-level CEO roundtable, under the co-chairpersonship of Commerce & Industry Minister Piyush Goyal and Food Processing Industries Minister Chirag Paswan, was organized as part of World Food India 2024 event being held during September 19-22 in the national capital. It laid «focus on promoting investment and enhancing Ease of Doing Business and was attended by over 100 CXOs,» an official statement said.

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Securities and Exchange Board of India (Sebi) has barred Axis Capital Limited (ACL) from taking up debt merchant banking activities. The restriction comes as an interim measure after the regulator found that Axis Capital had provided a guarantee/indemnity towards redemption of NCDs in the guise of underwriting, which it is not permitted to do under the existing regulatory framework.

Taylor Swift could be seen in Bucks County in her next era of life. The 34-year-old singer-songwriter and self-made billionaire is rumoured to have bought a house in Doylestown last month, and the rumor mill thinks so. The alleged property, a 12,791-square-foot home in Plumstead Township situated on almost 100 acres, sold on August 9th for $12.9 million. Unfortunately, the new owner is not yet listed in county property records. Swift did not buy the expansive Central Bucks property, despite the rumors being entertaining to think about, according to sources who spoke with the USA Today Network on Wednesday. This network includes the Bucks County Courier Times and The Intell.

Indian investments and commodities in the Chinese market and also hopes that India will provide a «sound business environment» for Chinese firms in the country, Beijing's ambassador to India, Xu Feihong, said on Thursday. The comments signal a willingness from Beijing to forge deeper economic ties with New Delhi that have been strained since a deadly clash between their troops on a Himalayan frontier in 2020. India heightened scrutiny on Chinese investments after the clash and created new layers of red tape for Indian firms with Chinese stakeholders. But the Indian government is now looking to loosen some of these restrictions as its firms struggle to scale up manufacturing.

Taxpayers show up in federal court almost every week hoping to hang on to their COVID-19 benefits after being found ineligible by the Canada Revenue Agency, but they are usually unsuccessful.

Subscribe to enjoy similar stories. The European Union’s executive arm has started a process to provide Apple with guidance on how the iPhone maker can comply with rules to ensure its operating systems are functional with other technologies. The move is a procedural step and it doesn’t mark the beginning of a new investigation, the European Commission said.

It’s harvest time in central New Hampshire

Headphones vs earbuds: Which audio device should you buy? A comparison with top buying optionsThe OnePlus Nord Buds 2 delivers a premium sound experience with its 12.4 mm dynamic drivers and up to 25dB active noise cancellation. Offering up to 36 hours of battery life with the case, these buds are perfect for long listening sessions.

Hong Kong's air safety authority has found that a defect in an engine component of a Cathay Pacific Airways Airbus A350 that forced a Zurich-bound flight to return to Hong Kong could have caused “extensive damage” to the aircraft

With over 2 year's experience in finance and the crypto sectors, Jose uses his knowledge and expertise to breakdown complex topics into bitesize content for both beginners and experts.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...