Cabinet approves spectrum auction; here's how telecom stocks reacted
Airtel, Vi in red, RIL gains after spectrum auctions approved at ₹96,317.6 cr base price
Airtel, Vi in red, RIL gains after spectrum auctions approved at ₹96,317.6 cr base price
Centre's copra procurement up 227% YoY in 2023; Cabinet also approves 135 km Khowai-Harina road widening project, 6-lane bridge across River Ganga
Cabinet also clears 1% royalty rate for REEs; these minerals have gained significance in view of India’s net-zero emissions target
Latest decision comes after govt’s announcement in August, in which it cut cooking gas prices by ₹200 per cylinder
In a boost for public service broadcasting, CCEA clears proposal on BIND Scheme, approving ₹2,540 cr up to 2025-26 for development of AIR, DD.
This will enable PSEs to monetise their investment at an opportune time or close their loss-making and inefficient subsidiary, unit or JV at the right time.