Govt Mop-up Grows by ₹112 cr, UP (East) 1800MHz Race Eases
Bids for airwaves increased by ₹112 crore on Saturday, in India’s first 5G auctions, boosting the government’s total collections to ₹1,49,967 crore at end of day 5, even as the battle for 1800 MHz spectrum in the key Uttar Pradesh (East) market appeared to have eased, indicating that the auction is likely to conclude soon.
EPFO defers Equity Investment Cap Hike
The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) deferred a decision on increasing the equity investment limit from 15% to 20% at a meeting on Saturday, citing the volatile market situation.
