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India will become $5 trn economy in 5-10 years: Paytm CEO

Posted on : Jul 24, 2021

The country is in an exciting phase of growth and the economy is expected to add USD 2.5 trillion in the next 5-10 years, Paytm founder and CEO Vijay Shekhar Sharma said on Saturday.

Telcos’ AGR dues can’t be subject matter of any future litigation: SC

Posted on : Jul 24, 2021

The Adjusted Gross Revenue (AGR) related dues payable by telecom majors, including Vodafone Idea and Bharti Airtel, cannot be a subject matter of any future litigation, the Supreme Court has said. A bench headed by Justice L Nageswara Rao stated this while dismissing the plea of telcos seeking rectification of alleged errors in the calculation of AGR. The top court said the dispute relating to AGR has been pending in courts for a very long period of time and the dues payable by TSPs (Telecom Service Providers) cannot be the subject matter of any future litigation. It said there is no room for any doubt from the perusal of the earlier judgement dated September 1, 2020 with respect to this court entertaining any application for altering the AGR dues of the TSPs. The court said that issues concerning the ambit of proceedings under Section 18 of the Insolvency and Bankruptcy Code, 2016 in relation to spectrum, the manner in which payment has to be made by and liabilities apportioned ..

Haryana govt increases dearness allowance from current 17% to 28%

Posted on : Jul 24, 2021

Haryana Chief Minister Manohar Lal Khattar on Saturday announced to increase the rate of dearness allowance from 17 per cent to 28 per cent.

India urges G20 nations to reduce high emissions to leave a better future

Posted on : Jul 24, 2021

Union Minister of Power and New and Renewable Energy R K Singh led a delegation from India at the G20 Energy and Climate Joint Ministerial Meeting

Indian pharma industry to touch $130 bn by 2030: Dr Reddy’s chairman

Posted on : Jul 24, 2021

The Indian pharmaceutical industry is expected to grow almost by three times to about 130 billion US dollars by 2030