China has said that the US unilateral tariff hikes severely violate World Trade Organization (WTO) rules. The Chinese Ministry of Foreign Affairs noted that this move cannot solve the problems of the US at home and does not benefit either side.
Trade restrictions planned by the incoming US President Donald Trump could lead to aggressive exports by China to other Asian markets, including India, according to a report by Crisil.
YSRCP has strongly condemned the TDP-led government for imposing exorbitant electricity tariffs across Andhra Pradesh. Within six months, Rs 15,485 crore in power charges were levied, including Rs 6,000 crore in November bills and Rs 9,412 crore projected for December.
Yuvajana Sramika Rythu Congress Party (YSRCP) State Coordinator Sajjala Ramakrishna Reddy directed party district presidents to ensure the success of protests against the government's decision to impose an additional burden of Rs 15,000 crore on the public through increased electricity tarif
ARPU for the wireless segment of private telecom operators was positively impacted due to tariff hikes implemented in July'24.
Bharti Airtel continues to maintain its lead with ARPU of Rs 233/month for the quarter, up from Rs 211/month in first quarter of FY25
The tariff hikes proposed by Donald Trump may pose threat to India's exports but the country's surplus in services trade and robust remittances flow may provide comfort, highlighted a report by CRISIL.
Bharti Airtel MD Gopal Vittal on Monday batted for another industry-wide tariff hike, arguing that returns on capital employed (ROCE) continue to lag in India.
It says a continued tariff repair trend over the coming years, buoyed by a favourable regulatory environment and persistent affordability will help the telecom sector revive and stabilize.
Karnataka Deputy Chief Minister and Bengaluru Development Minister DK Shivakumar announced that a water tariff increase is unavoidable due to ongoing financial difficulties faced by the Bangalore Water Supply and Sewerage Board (BWSSB).