Vaishnaw also urged the big corporate groups to come forward and adopt 1 or 2 institutions to impart technical expertise to students.
According to the report, a 10 per cent increase in mobile adoption increases GDP by 1 per cent and that rises to approximately 15 per cent when connections are upgraded from one mobile network to another.
"We need to see how services reaches to end consumer for these kinds of problems we need to find the solution," IT Minister Thangraj said.
The central bank expects inflation to remain above the upper tolerance level of 6 per cent in the first three-quarters of FY23. RBI also expects inflation to come under control from January 2023 onwards.
Yezdi Nagporewalla, CEO of KPMG India, emphasised on the fact that telecom is the entry point for any digital transformation. "And I must say, 5G will be the greatest accelerator you will find," he added.
Head of Ericsson Southeast Asia, Oceania, and India, Mirtillo expects with this kind of traffic demand, the subscribers of broadband will also increase massively. "Without 5G you can't cope with that big increase," he explained.
"I am sure India will become telecom capital of the world, and India will become telecom technology leader," Ashwini Vaishnaw said.
With this, the total outflow by Foreign Portfolio Investors (FPIs) from the Indian equity markets has reached Rs 1.68 lakh crore so far in 2022, data with depositories showed.
Uttarakhand’s Haridwar was named the cleanest Ganga town in the category of more than 1 lakh population, followed by Varanasi in Uttar Pradesh and Rishikesh in Uttarakhand.
India Mobile Congress 2022: The launch of the sixth edition of the country’s marquee telecom and technology event drew a record crowd of more than 3,000 for the inauguration ceremony.
5G launch in India: Reliance Jio, Airtel and Vodafone Idea spoke about their roll-out and implementation plans.
September 2022 is also the eighth month and for the seventh month in a row now, the monthly GST revenues have been more than the Rs 1.4 lakh crore mark, said the Finance Ministry.
5G launch in India: Speaking at the India Mobile Congress 2022, after the launch of the ultra high-speed internet services in the nation, KM Birla said that the telecom industry is the bedrock of Digital India.
The oil marketing companies will now charge Rs 1,859 for the cylinder in Delhi, instead of Rs 1,885. However, there was no change in the rates of domestic LPG cylinders used in households.
A steep increase in prices is likely to make CNG and piped natural gas (PNG) costs higher, which have already risen more than 70 per cent in the last year. Moreover, this is also the third increase in natural gas rates since April 2019.
The current market size of the medical devices sector in India is estimated to be $11 billion and its share in the global medical device market is estimated to be 1.5 per cent.
The Reserve Bank of India (RBI) on Friday raised the benchmark lending rate by 50 basis points, the fourth straight increase since May, as it extended its battle to tame stubbornly high inflation.
The board of the capital market regulator has allowed companies to file draft documents without sensitive information being disclosed at the initial stage; IPO documents to include enhanced disclosure related to past transactions and fund raising.
The production growth of eight infrastructure sectors was 9.8 per cent during April-August this fiscal, compared to 19.4 per cent a year ago.
"For last many years as a nation, I'm trying my level best for transition to alternative fuel. Today, 35-40 per cent of the pollution is because of fossil fuels. That's why we're encouraging the automobile industry to make electric vehicle," Nitin Gadkari said.
Vande Bharat 2.0 is equipped with several advancements and improved features over its previous version and can sprint from 0 to 100 kilometres per hour in just 52 seconds, and has a maximum speed of up to 180 kilometres per hour.
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