Telecom business seeks govt aid to tide over liquidity crunch

The Telecom industry, which facilitated wide-spread digital adoption during the pandemic, continues to be financially stressed and seeks government support on issues like liquidity, rationalisation of levies, AGR and spectrum pricing, according to COAI. Continue Reading

‘Economy to escape recession early next year’

India’s economy is expected to recover early next year from recession, but at a modest pace, according to a majority of economists in a Reuters poll who said their upgraded growth predictions were based on the progress of Covid-19 vaccines. Continue Reading

Helpline for JEE, NEET students

As India moves forward with precautions to help the economy bounce back amid the pandemic, nearly 24 lakh aspiring students are set to appear for JEE-Main and NEET 2020 exams, with many hailing from smaller towns and cities. Continue Reading

Barclays: Corona prevention may dent economic growth

Amidst rising coronavirus cases in India, British brokerage Barclays today warned that preventive measures like mass quarantines can dent the already sagging economic growth by as much as 2 percentage points. Continue Reading

PhonePe’s transaction bounces back after outage

Digital payment platform, PhonePe, said its transaction has bounced back hard in the last 24 hours. The platform processed over Rs 4,000 crore worth of transactions in 24 hours and saw its largest ever volume of user traffic in a single day (with over 70 million app sessions). Continue Reading