Biggest spectrum auction to begin on Sep 29; industry skeptical
PTI Government is looking at raising as much as Rs 5.63 lakh crore from the auction of mobile phone airwaves in the nation's biggest-ever spectrum auction that begins on September 29."Large chunk of spectrum is being put for auction which aims to address issue of fragmentation, improve quality of service, and rules have been made bidder friendly," Telecom Secretary J S Deepak said while releasing the bid document called the Notice Inviting Application (NIA).The government will put a total of 2,354.55 megahertz of mobile airwaves frequencies for auction in all band -- 700 Mhz, 800 Mhz, 900 Mhz, 1800 Mhz, 2100 Mhz, 2300 Mhz and 2500 MHz. All the airwaves being put for auction can be used for high speed 4G ...
India, EU likely to restart FTA talks on August 28, 2015
Source: PTI After a gap of about two years, India and the European Union are expected to resume negotiations on August 28 on the proposed free trade agreement (FTA) to boost two-way commerce and investment. India's chief trade negotiator J S Deepak, Additional Secretary with the Commerce Ministry, and his European Union counterpart Ignacio Garcia Bercero will meet on August 28, an official said. "It would be a full-fledged round," the official said. No negotiations were held after both sides failed to bridge gaps on crucial issues in May 2013. The India-EU trade talks, formally known as the Broad-based Trade and Investment Agreement (BTIA), remain stuck as both sides are not satisfied with each other's offers. The talks were launched in ...