Page 2 - Tariff

Bharti Airtel announces 10-21% hike in mobile tariffs from July 3

Bharti Airtel on Friday announced between 10-21 per cent hike in mobile tariffs, a day after larger rival Reliance Jio announced an increase in rates. Airtel, in a release, said that the revision in mobile tariffs will be effective from July 3. "We have ensured that there is a very modest price increase (less than 70 paise per day) on entry-level plans, in order to eliminate any burden on budget challenged consumers," the Sunil Mittal-led telecom firm said announcing the revision in mobile tariffs. Bharti Airtel said it has maintained that the mobile Average Revenue Per User (ARPU) needs to be upwards of Rs 300, to enable a financially healthy business model for telcos in India. "We believe that this level of ARPU will enable the substantial investments required in network technology and spectrum and offer a modest return on capital," the telco said. Among the unlimited voice plans, Airtel has raised tariffs in the ballpark range of about 11 per cent, and accordingly rates are rev

New tariff walls

US tariffs will further increase trade friction

India's tariff removal on several US products benefiting farmers: USTR

In her testimony before the House Ways and Means Committee Hearing on the President's 2024 Trade Policy Agenda, Tai mentioned that India and the US resolved the final outstanding WTO dispute

Buoyed by tariff removal, US walnut industry aims to crack India's market

India's decision to remove retaliatory customs tariffs on some US products, including walnuts, has cheered up the California walnut industry, which is hopeful that the move will help it increase its exports to India and further firm up trade ties between the two strategic allies. Two days ahead of US President Joe Biden's visit to New Delhi to attend the G20 Summit on September 9-10, India dropped the retaliatory customs duties on about half a dozen US goods which were imposed in 2019 after America hiked its tariffs on certain steel and aluminium products coming from India. Welcoming India's decision, Pamela Graviet, Senior Director, Global Programmes, California Walnut Commission and Board, said it is a "positive step" that will improve bilateral trade relations. "Recently, the Indian government and the United States have been in discussions about mutually beneficial things, not just agriculture, but also across a wide variety of subjects. And, it was determined to remove a 20 per

To improve ARPU, telcos to hike tariffs more frequently in FY23: Report

Reliance Jio is most likely to lead the hikes as it is now focussing on profitability and aims to launch an IPO in next couple of years

SME Chatroom: 'IGCR Rules apply only when exemption notifications say so'

the duty concessions are available under exemption notifications and some of them mandate the procedures prescribed under the said IGCR Rules.

India's tariff gap has widened over China over two years on the trot

India's average effectively applied tariff rate across all products is in double-digit territory

Govt's new PPP port guidelines link tariffs to market-determined rates

The move will provide level playing field to PPP concessionaires at major ports and help them compete with private ports

US announces deal with EU to resolve steel, aluminium tariff disputes

The United States has reached a deal with the European Union (EU) to resolve a three-year dispute over tariffs on steel and aluminium imported from the bloc, US officials said on Saturday.

Media stocks languish as weak recovery, tariff concerns remain

While valuations are at a steep discount, the underperformance is likely to continue

Govt should consider import tariff cut on alcohol in phased manner: ICRIER

Duty cut will reduce cost of raw materials, enabling local manufacturing in India. Import duties on raw materials can be brought down to zero to support domestic manufacturing, council says

Adani to offer green tariff to all consumers at a slightly higher cost

Switch can be done with the immediate billing cycle; customers will receive a Green Power Certificate each month

Reliance Jio looks to take on incumbent operators in postpaid mobile market

As far as postpaid is concerned, it has a tariff plan, of Rs 199, which it did not promote and it accounts for less than 1 per cent of its customers

AGR: Voda Idea seeks hike in mobile data to Rs 35 per GB, calls to 6p a min

Current mobile internet prices are in the range of Rs 4-5 per GB

India should cut tariffs for better trade ties, says Donald Trump

Trump said that a comprehensive trade agreement with India would take much longer to finalise than earlier expected

Tariff at current level not sustainable, must go up, says Airtel CEO

Vittal refused to comment on whether the company was planning to increase tariffs

Low tariffs, high protection

Even relatively moderate tariffs of around 20 per cent can be highly protective and distortionary

Time to review India's non-tariff measures

It is critical to upgrade domestic systems to achieve greater market access and a level playing field for exporters

Airtel, Vodafone, Idea cut tariff, bundle plans ahead of Reliance Jio entry

Airtel's Rs 51 per GB data versus industry norm of Rs 250-plus comes with an upfront payment of Rs 1,498 for a year