Daily News Podcast: 'Indians can access 5G services by 2022' : Bulletin: Business Today
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Daily News Podcast: 'Indians can access 5G services by 2022'

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June 13, 2018

5G subscription by 2022, 78% to use 4G by 2023 in India: Ericsson 
Indian mobile users can expect to access 5G services by 2022 while 4G connections are estimated to soar around four-folds in the country , according to a report released by Ericsson Mobility today. "We expect 5G smartphone subscriptions to become available by 2022. And by the end of 2023, there will be some 10 million subscriptions on 5G in India," Ericsson Mobility Report (EMR) Editor Patrik Cerwall told PTI while sharing details. According to the report, the first commercial rollout of 5G is expected by the end of this year globally.

Retail inflation hits 4-mth high of 4.87% in May on costlier veggies, fuel
Retail inflation jumped to 4-month high of 4.87 per cent in May on costlier food items such as fruits, vegetables and cereals coupled with high fuel rates. Based on Consumer Price Index (CPI), the retail inflation was at 4.58 per cent in the preceding month, April. In May 2017, however, it was at a low of 2.18 per cent. The previous high in retail inflation was in January this year at 5.7 per cent.

RBI Governor seeks more powers to effectively regulate PSBs
RBI Governor Urjit Patel has made a strong case for more powers to effectively regulate public sector banks (PSBs) as lawmakers asked him tough questions over increasing bad loans and frauds. Patel also informed the Standing Committee on Finance that the RBI is in communication with the government for discontinuing the practice of appointing the central bank's nominees on boards of PSBs to avoid to any conflict of interest between the regulator and regulated entities. Patel was asked about bad loans, bank frauds, cash crunch and other issues.

In-flight connectivity in a year, says Sinha
In-flight connectivity is expected to be available within a year, Telecom Minister Manoj Sinha said today even as a joint meeting of DoT and civil aviation officials to discuss "operational details" is to be held in about 10 days, as reported by PTI. Telecom firms, airlines and in-flight connectivity providers are expected to attend the meeting, the date for which is yet to be finalised. In-flight connectivity aims to enable calls and internet services during flights in the Indian airspace.

Modi government's latest announcement to benefit 23 lakh retired employees
In a move that could bring cheers to over 23 lakh retired employees of universities and colleges, the Narendra Modi government on Tuesday said it has revised the pension of retired faculty and other non-teaching staff in central universities and colleges under the 7th Central Pay Commission. Union HRD Minister Prakash Javadekar said as per the recommendations of the 7th Central Pay Commission, the centre government has increased the pension of retired faculty and other non-teaching staff in central universities and colleges, which would benefit around 25,000 present pensioners in these institutions. Apart from providing benefits to these 25,000 pensioners, the decision will also affect over 23 lakh employees retired from state universities and affiliated colleges.

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