Bharti Airtel has approached the Department of Telecommunications to convert its government dues into equity, following Vodafone Idea’s similar move, where the government’s stake increased significantly. This demand arises amidst the government’s reconsideration of waiving interest and penalties on adjusted gross revenue dues.
Solid & liquid: RBI lets cash flow into the financial system
The Reserve Bank of India, under Governor Sanjay Malhotra, is relaxing lending rules. This aims to boost economic growth as inflation cools. Policy rates have
May 22, 2025