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TELECOM TARIFF HIKES JULY 2023
Prabhudas Lilladher cuts Nifty target to 26,449, lists 16 high conviction stock picksAmidst global market turmoil from the Iran-US war and El Nino, Prabhudas Lilladher lowered its Nifty 50 target to 26,449. The brokerage ant...- Gold falls below pre-duty-hike levels as overseas prices dropGold prices in India have fallen significantly, reaching their lowest point since early May. This price drop is expected to encourage more ...
- Higher gasoline prices likely pushed up US consumer inflation again in MayMay is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by es...
- Gold drops as oil climbs on renewed US-Iran hostilitiesGold prices dropped over 1% as rising oil prices, fueled by renewed U.S.-Iran hostilities, heightened inflation and interest rate hike conc...
- Road safety tech plan hit by telcos-auto turf warIndia's ambitious V2X deployment faces a major hurdle as telcos, tech firms and auto bodies clash over control. Disagreements over licensin...
- India's gold tariff hike fuels smuggling revival, squeezes banks and refinersIndia's decision to raise gold import duties to 15% is triggering a fresh surge in smuggling, as illegal operators exploit a widening price...
- Buy, Sell or Hold: Elara Capital initiates buy on Bharti Airtel; Goldman Sachs has buy rating on IndigoBrokerages remained positive on select telecom, aviation and banking largecaps despite near-term macro uncertainties. Elara Capital initiat...
- Phase 1 of India-US trade pact hinges on Section 301 probe, official saysIndia and the US are set to finalize the first phase of their trade agreement soon. This move is contingent on the conclusion of ongoing Se...
- HC quashes ₹23,600 cr retrospective spectrum dues on Airtel, Voda IdeaThe Bombay High Court has cancelled spectrum charges of approximately 23,600 crore rupees for Bharti Airtel and Vodafone Idea. The court ru...
- India, UK talks progressing on resolving issues for trade pact implementation: OfficialIndia and the UK are making good progress on their free trade agreement. Discussions are ongoing to resolve issues like the UK's steel safe...
- India, US trade pact can be finalised after conclusion of Sec 301 investigations: OfficialIndia and the US are nearing the completion of their interim trade agreement's first phase. This crucial step hinges on the conclusion of A...
- RBI seen joining Asia’s rate-hike push as inflation risks riseThe Reserve Bank of India is expected to increase interest rates soon. This move aligns with other central banks responding to rising infla...
- Goldman Sachs pushes Fed rate-cut call to 2027 on strong US jobs dataGoldman Sachs now anticipates the U.S. Federal Reserve will maintain current interest rates through 2026, delaying any rate cuts until 2027...
- ECB to hike rates as Mideast war pushes up inflationThe European Central Bank is poised to raise interest rates for the first time in two and a half years, driven by escalating inflation fuel...
- Telecom revenue growth may slip to single digits without tariff hikeTelecom revenue growth may slow to single digits this year without tariff increases. Operators are delaying hikes due to inflation. A poten...
- 7 OPEC+ nations announce second straight 188,000 bpd output increase for JulySeven OPEC+ nations will boost oil production by 188,000 barrels per day in July 2026, marking a second consecutive monthly increase. This ...
- OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...
- Trump's trade chief says 'deal's a deal' for economies with capped US tariffsAmerica's trade representative assures that new tariffs will respect existing agreements. He stated that a deal is a deal for nations like ...
- Trump’s tariff comeback? The White House finds a new route after court setbacksThe US is proposing to reintroduce country-specific tariffs on India and others, shifting from emergency powers to Section 301 of the Trade...
- Trump administration proposes 25% tariff to punish Brazil over trade practicesThe United States is proposing a 25% tariff on many imports from Brazil. This action follows an investigation into unfair trade practices. ...
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