A look at the headlines in this sector right now:

  1. Telecom regulator to examine Reliance Jio’s extension of free 4G services for its customers till March 31:  Earlier, Trai said the Mukesh Ambani-owned company had to end the benefits it is offering new subscribers by December 3.
  2. PMO did not give permission to use Narendra Modi’s picture in Reliance Jio ads: MoS for Information and Broadcasting RS Rathore said the government was, however, aware of the use of the prime minister’s photographs by the company.
  3. CBI was not allowed to appeal against clean chit to Hinduja brothers in Bofors scam, agency tells SC: The Central Bureau of Investigation said it was not even aware whether the notice issued to them in 2005 was served. 
  4. Sensex falls by 1.24%, Nifty closes at 1.3%: Shares were dragged by financials after India raised the limit of bonds that can be issued under the market stabilitsation scheme.
  5. UN report say India will maintain its economic growth at 7.6% in 2017: The country’s growth rate will be driven by a rebound in agriculture, the implementation of the 7th Pay Commission and the GST regime, said the report.
  6. Demonetisation will have benefits in the long run, says Arun Jaitley: The Finance Minister said that the impact of banning high-value denomination notes won’t last too long.
  7. Supreme Court asks Centre to ease inconvenience of people living in rural areas after demonetisation: The apex court asked the government to help those who are dependent on co-operative banks.