Tuesday, September 6, 2016

World economy at risk, avoid ‘empty talk’, says Xi at G20


HANGZHOU (CHINA): The global economy is being threatened by rising protectionism and risks from highly leveraged financial markets, Chinese PresidentXi Jinping said on the first day of a summit of leaders from G20+ nations.

The global economy+ has arrived "at a crucial juncture", Xi said, in the face of sluggish demand, volatile financial markets and feeble trade and investment. Xi also urged G20 members to avoid "empty talk".

Top Comment

G20 is as empty as they can imagine. Every two years they gather and after the Photo-Op issue "Empty Rhetoric''. Tax Evasion, Black Money, Debt, Currency Valuation, Trade, Flow of Capital....Jus... Read MoreNaveed Khan


"We should turn the G20 group into an action team, instead of a talk shop," he said. But some of the G20 leaders have begun drawing battle lines in disputes over issues ranging from trade and investment to tax policy and industrial overcapacity.

At an event on Saturday ahead of the summit, IMF MD Christine Lagarde urged business chiefs to lobby governments to help keep trade flows up as she issued a warning about the outlook for growth into 2017. Her views were echoed by WTO director general Roberto Azevedo.

World economy at risk, avoid ‘empty talk’, says Xi at G20


HANGZHOU (CHINA): The global economy is being threatened by rising protectionism and risks from highly leveraged financial markets, Chinese PresidentXi Jinping said on the first day of a summit of leaders from G20+ nations.

The global economy+ has arrived "at a crucial juncture", Xi said, in the face of sluggish demand, volatile financial markets and feeble trade and investment. Xi also urged G20 members to avoid "empty talk".

Top Comment

G20 is as empty as they can imagine. Every two years they gather and after the Photo-Op issue "Empty Rhetoric''. Tax Evasion, Black Money, Debt, Currency Valuation, Trade, Flow of Capital....Jus... Read MoreNaveed Khan


"We should turn the G20 group into an action team, instead of a talk shop," he said. But some of the G20 leaders have begun drawing battle lines in disputes over issues ranging from trade and investment to tax policy and industrial overcapacity.

At an event on Saturday ahead of the summit, IMF MD Christine Lagarde urged business chiefs to lobby governments to help keep trade flows up as she issued a warning about the outlook for growth into 2017. Her views were echoed by WTO director general Roberto Azevedo.

World economy at risk, avoid ‘empty talk’, says Xi at G20


HANGZHOU (CHINA): The global economy is being threatened by rising protectionism and risks from highly leveraged financial markets, Chinese PresidentXi Jinping said on the first day of a summit of leaders from G20+ nations.

The global economy+ has arrived "at a crucial juncture", Xi said, in the face of sluggish demand, volatile financial markets and feeble trade and investment. Xi also urged G20 members to avoid "empty talk".

Top Comment

G20 is as empty as they can imagine. Every two years they gather and after the Photo-Op issue "Empty Rhetoric''. Tax Evasion, Black Money, Debt, Currency Valuation, Trade, Flow of Capital....Jus... Read MoreNaveed Khan


"We should turn the G20 group into an action team, instead of a talk shop," he said. But some of the G20 leaders have begun drawing battle lines in disputes over issues ranging from trade and investment to tax policy and industrial overcapacity.

At an event on Saturday ahead of the summit, IMF MD Christine Lagarde urged business chiefs to lobby governments to help keep trade flows up as she issued a warning about the outlook for growth into 2017. Her views were echoed by WTO director general Roberto Azevedo.

World economy at risk, avoid ‘empty talk’, says Xi at G20


HANGZHOU (CHINA): The global economy is being threatened by rising protectionism and risks from highly leveraged financial markets, Chinese PresidentXi Jinping said on the first day of a summit of leaders from G20+ nations.

The global economy+ has arrived "at a crucial juncture", Xi said, in the face of sluggish demand, volatile financial markets and feeble trade and investment. Xi also urged G20 members to avoid "empty talk".

Top Comment

G20 is as empty as they can imagine. Every two years they gather and after the Photo-Op issue "Empty Rhetoric''. Tax Evasion, Black Money, Debt, Currency Valuation, Trade, Flow of Capital....Jus... Read MoreNaveed Khan


"We should turn the G20 group into an action team, instead of a talk shop," he said. But some of the G20 leaders have begun drawing battle lines in disputes over issues ranging from trade and investment to tax policy and industrial overcapacity.

At an event on Saturday ahead of the summit, IMF MD Christine Lagarde urged business chiefs to lobby governments to help keep trade flows up as she issued a warning about the outlook for growth into 2017. Her views were echoed by WTO director general Roberto Azevedo.

World economy at risk, avoid ‘empty talk’, says Xi at G20


HANGZHOU (CHINA): The global economy is being threatened by rising protectionism and risks from highly leveraged financial markets, Chinese PresidentXi Jinping said on the first day of a summit of leaders from G20+ nations.

The global economy+ has arrived "at a crucial juncture", Xi said, in the face of sluggish demand, volatile financial markets and feeble trade and investment. Xi also urged G20 members to avoid "empty talk".

Top Comment

G20 is as empty as they can imagine. Every two years they gather and after the Photo-Op issue "Empty Rhetoric''. Tax Evasion, Black Money, Debt, Currency Valuation, Trade, Flow of Capital....Jus... Read MoreNaveed Khan


"We should turn the G20 group into an action team, instead of a talk shop," he said. But some of the G20 leaders have begun drawing battle lines in disputes over issues ranging from trade and investment to tax policy and industrial overcapacity.

At an event on Saturday ahead of the summit, IMF MD Christine Lagarde urged business chiefs to lobby governments to help keep trade flows up as she issued a warning about the outlook for growth into 2017. Her views were echoed by WTO director general Roberto Azevedo.

World economy at risk, avoid ‘empty talk’, says Xi at G20


HANGZHOU (CHINA): The global economy is being threatened by rising protectionism and risks from highly leveraged financial markets, Chinese PresidentXi Jinping said on the first day of a summit of leaders from G20+ nations.

The global economy+ has arrived "at a crucial juncture", Xi said, in the face of sluggish demand, volatile financial markets and feeble trade and investment. Xi also urged G20 members to avoid "empty talk".

Top Comment

G20 is as empty as they can imagine. Every two years they gather and after the Photo-Op issue "Empty Rhetoric''. Tax Evasion, Black Money, Debt, Currency Valuation, Trade, Flow of Capital....Jus... Read MoreNaveed Khan


"We should turn the G20 group into an action team, instead of a talk shop," he said. But some of the G20 leaders have begun drawing battle lines in disputes over issues ranging from trade and investment to tax policy and industrial overcapacity.

At an event on Saturday ahead of the summit, IMF MD Christine Lagarde urged business chiefs to lobby governments to help keep trade flows up as she issued a warning about the outlook for growth into 2017. Her views were echoed by WTO director general Roberto Azevedo.

World economy at risk, avoid ‘empty talk’, says Xi at G20


HANGZHOU (CHINA): The global economy is being threatened by rising protectionism and risks from highly leveraged financial markets, Chinese PresidentXi Jinping said on the first day of a summit of leaders from G20+ nations.

The global economy+ has arrived "at a crucial juncture", Xi said, in the face of sluggish demand, volatile financial markets and feeble trade and investment. Xi also urged G20 members to avoid "empty talk".

Top Comment

G20 is as empty as they can imagine. Every two years they gather and after the Photo-Op issue "Empty Rhetoric''. Tax Evasion, Black Money, Debt, Currency Valuation, Trade, Flow of Capital....Jus... Read MoreNaveed Khan


"We should turn the G20 group into an action team, instead of a talk shop," he said. But some of the G20 leaders have begun drawing battle lines in disputes over issues ranging from trade and investment to tax policy and industrial overcapacity.

At an event on Saturday ahead of the summit, IMF MD Christine Lagarde urged business chiefs to lobby governments to help keep trade flows up as she issued a warning about the outlook for growth into 2017. Her views were echoed by WTO director general Roberto Azevedo.

BSNL’s unlimited broadband plan will offer 1GB at less than Re 1


BSNL broadband users can pay less than Re 1 per GB cost if they use up to300GB data in a month 

State-run BSNL has announced that it will soon launch a promotional unlimited wireline broadband plan that effectively translates into less than Re 1 per GB download cost for subscribers if they use up to 300GB data in a month.Attempting to take Reliance Jio’s 4G offer of Rs 50 per GB head-on, BSNL is looking to hook new customers to its wireline broadband offering.“BSNL is going to launch a very cost-effective and affordable promotional unlimited Broadband plan ‘Experience Unlimited BB 249′ from September 9, 2016,” the telecom PSU said in a statement.“The plan will enhance the customer experience towards wireline broadband services and attract new users to experience BSNL broadband services,” the corporation’s Chairman cum Managing Director Anupam Shrivastava said in a statement.“Under this plan, customers can download unlimited Broadband data without bothering about any data limit. BSNL shall offer 2 Mbps speed under this plan,” the statement said.BSNL said that if customers use the plan continuously in a month, they can download up to 300 GB data by paying Rs 249. “Hence, per GB data download cost comes out to be less than Re 1 per GB. After six months, customer will be migrated to one of the regular broadband plans based on the choice of the customer,” BSNL said.Shrivastava added that BSNL is the only operator offering lowest per GB data download cost plan under broadband services in the country.At Reliance Industries’ forty-second Annual General Meeting yesterday, Chairman Mukesh Ambani had said data must be “affordable”. He had said that against the prevailing market rate of Rs 250 per GB, Jio’s rates will be Rs 25-50 per GB depending on data usage. Reliance Jio 4G services is targeting 100 million customers.Meanwhile, BSNL also said that it has signed a Memorandum of Understanding with Telecom Department regarding performance based targets assigned to the telecom PSU.“BSNL signs MoU with Department of Telecom every year wherein certain parameter performance based targets are assigned to BSNL, by DOT and DPE (Department of Public Enterprises). On the basis of annual achievement vis-a vis targets of the MoU, DPE evaluates company’s performance and accordingly awards rating to BSNL,” the release added.

BSNL’s unlimited broadband plan will offer 1GB at less than Re 1


BSNL broadband users can pay less than Re 1 per GB cost if they use up to300GB data in a month 

State-run BSNL has announced that it will soon launch a promotional unlimited wireline broadband plan that effectively translates into less than Re 1 per GB download cost for subscribers if they use up to 300GB data in a month.Attempting to take Reliance Jio’s 4G offer of Rs 50 per GB head-on, BSNL is looking to hook new customers to its wireline broadband offering.“BSNL is going to launch a very cost-effective and affordable promotional unlimited Broadband plan ‘Experience Unlimited BB 249′ from September 9, 2016,” the telecom PSU said in a statement.“The plan will enhance the customer experience towards wireline broadband services and attract new users to experience BSNL broadband services,” the corporation’s Chairman cum Managing Director Anupam Shrivastava said in a statement.“Under this plan, customers can download unlimited Broadband data without bothering about any data limit. BSNL shall offer 2 Mbps speed under this plan,” the statement said.BSNL said that if customers use the plan continuously in a month, they can download up to 300 GB data by paying Rs 249. “Hence, per GB data download cost comes out to be less than Re 1 per GB. After six months, customer will be migrated to one of the regular broadband plans based on the choice of the customer,” BSNL said.Shrivastava added that BSNL is the only operator offering lowest per GB data download cost plan under broadband services in the country.At Reliance Industries’ forty-second Annual General Meeting yesterday, Chairman Mukesh Ambani had said data must be “affordable”. He had said that against the prevailing market rate of Rs 250 per GB, Jio’s rates will be Rs 25-50 per GB depending on data usage. Reliance Jio 4G services is targeting 100 million customers.Meanwhile, BSNL also said that it has signed a Memorandum of Understanding with Telecom Department regarding performance based targets assigned to the telecom PSU.“BSNL signs MoU with Department of Telecom every year wherein certain parameter performance based targets are assigned to BSNL, by DOT and DPE (Department of Public Enterprises). On the basis of annual achievement vis-a vis targets of the MoU, DPE evaluates company’s performance and accordingly awards rating to BSNL,” the release added.

BSNL’s unlimited broadband plan will offer 1GB at less than Re 1


BSNL broadband users can pay less than Re 1 per GB cost if they use up to300GB data in a month 

State-run BSNL has announced that it will soon launch a promotional unlimited wireline broadband plan that effectively translates into less than Re 1 per GB download cost for subscribers if they use up to 300GB data in a month.Attempting to take Reliance Jio’s 4G offer of Rs 50 per GB head-on, BSNL is looking to hook new customers to its wireline broadband offering.“BSNL is going to launch a very cost-effective and affordable promotional unlimited Broadband plan ‘Experience Unlimited BB 249′ from September 9, 2016,” the telecom PSU said in a statement.“The plan will enhance the customer experience towards wireline broadband services and attract new users to experience BSNL broadband services,” the corporation’s Chairman cum Managing Director Anupam Shrivastava said in a statement.“Under this plan, customers can download unlimited Broadband data without bothering about any data limit. BSNL shall offer 2 Mbps speed under this plan,” the statement said.BSNL said that if customers use the plan continuously in a month, they can download up to 300 GB data by paying Rs 249. “Hence, per GB data download cost comes out to be less than Re 1 per GB. After six months, customer will be migrated to one of the regular broadband plans based on the choice of the customer,” BSNL said.Shrivastava added that BSNL is the only operator offering lowest per GB data download cost plan under broadband services in the country.At Reliance Industries’ forty-second Annual General Meeting yesterday, Chairman Mukesh Ambani had said data must be “affordable”. He had said that against the prevailing market rate of Rs 250 per GB, Jio’s rates will be Rs 25-50 per GB depending on data usage. Reliance Jio 4G services is targeting 100 million customers.Meanwhile, BSNL also said that it has signed a Memorandum of Understanding with Telecom Department regarding performance based targets assigned to the telecom PSU.“BSNL signs MoU with Department of Telecom every year wherein certain parameter performance based targets are assigned to BSNL, by DOT and DPE (Department of Public Enterprises). On the basis of annual achievement vis-a vis targets of the MoU, DPE evaluates company’s performance and accordingly awards rating to BSNL,” the release added.

BSNL’s unlimited broadband plan will offer 1GB at less than Re 1


BSNL broadband users can pay less than Re 1 per GB cost if they use up to300GB data in a month 

State-run BSNL has announced that it will soon launch a promotional unlimited wireline broadband plan that effectively translates into less than Re 1 per GB download cost for subscribers if they use up to 300GB data in a month.Attempting to take Reliance Jio’s 4G offer of Rs 50 per GB head-on, BSNL is looking to hook new customers to its wireline broadband offering.“BSNL is going to launch a very cost-effective and affordable promotional unlimited Broadband plan ‘Experience Unlimited BB 249′ from September 9, 2016,” the telecom PSU said in a statement.“The plan will enhance the customer experience towards wireline broadband services and attract new users to experience BSNL broadband services,” the corporation’s Chairman cum Managing Director Anupam Shrivastava said in a statement.“Under this plan, customers can download unlimited Broadband data without bothering about any data limit. BSNL shall offer 2 Mbps speed under this plan,” the statement said.BSNL said that if customers use the plan continuously in a month, they can download up to 300 GB data by paying Rs 249. “Hence, per GB data download cost comes out to be less than Re 1 per GB. After six months, customer will be migrated to one of the regular broadband plans based on the choice of the customer,” BSNL said.Shrivastava added that BSNL is the only operator offering lowest per GB data download cost plan under broadband services in the country.At Reliance Industries’ forty-second Annual General Meeting yesterday, Chairman Mukesh Ambani had said data must be “affordable”. He had said that against the prevailing market rate of Rs 250 per GB, Jio’s rates will be Rs 25-50 per GB depending on data usage. Reliance Jio 4G services is targeting 100 million customers.Meanwhile, BSNL also said that it has signed a Memorandum of Understanding with Telecom Department regarding performance based targets assigned to the telecom PSU.“BSNL signs MoU with Department of Telecom every year wherein certain parameter performance based targets are assigned to BSNL, by DOT and DPE (Department of Public Enterprises). On the basis of annual achievement vis-a vis targets of the MoU, DPE evaluates company’s performance and accordingly awards rating to BSNL,” the release added.

BSNL’s unlimited broadband plan will offer 1GB at less than Re 1


BSNL broadband users can pay less than Re 1 per GB cost if they use up to300GB data in a month 

State-run BSNL has announced that it will soon launch a promotional unlimited wireline broadband plan that effectively translates into less than Re 1 per GB download cost for subscribers if they use up to 300GB data in a month.Attempting to take Reliance Jio’s 4G offer of Rs 50 per GB head-on, BSNL is looking to hook new customers to its wireline broadband offering.“BSNL is going to launch a very cost-effective and affordable promotional unlimited Broadband plan ‘Experience Unlimited BB 249′ from September 9, 2016,” the telecom PSU said in a statement.“The plan will enhance the customer experience towards wireline broadband services and attract new users to experience BSNL broadband services,” the corporation’s Chairman cum Managing Director Anupam Shrivastava said in a statement.“Under this plan, customers can download unlimited Broadband data without bothering about any data limit. BSNL shall offer 2 Mbps speed under this plan,” the statement said.BSNL said that if customers use the plan continuously in a month, they can download up to 300 GB data by paying Rs 249. “Hence, per GB data download cost comes out to be less than Re 1 per GB. After six months, customer will be migrated to one of the regular broadband plans based on the choice of the customer,” BSNL said.Shrivastava added that BSNL is the only operator offering lowest per GB data download cost plan under broadband services in the country.At Reliance Industries’ forty-second Annual General Meeting yesterday, Chairman Mukesh Ambani had said data must be “affordable”. He had said that against the prevailing market rate of Rs 250 per GB, Jio’s rates will be Rs 25-50 per GB depending on data usage. Reliance Jio 4G services is targeting 100 million customers.Meanwhile, BSNL also said that it has signed a Memorandum of Understanding with Telecom Department regarding performance based targets assigned to the telecom PSU.“BSNL signs MoU with Department of Telecom every year wherein certain parameter performance based targets are assigned to BSNL, by DOT and DPE (Department of Public Enterprises). On the basis of annual achievement vis-a vis targets of the MoU, DPE evaluates company’s performance and accordingly awards rating to BSNL,” the release added.

BSNL’s unlimited broadband plan will offer 1GB at less than Re 1


BSNL broadband users can pay less than Re 1 per GB cost if they use up to300GB data in a month 

State-run BSNL has announced that it will soon launch a promotional unlimited wireline broadband plan that effectively translates into less than Re 1 per GB download cost for subscribers if they use up to 300GB data in a month.Attempting to take Reliance Jio’s 4G offer of Rs 50 per GB head-on, BSNL is looking to hook new customers to its wireline broadband offering.“BSNL is going to launch a very cost-effective and affordable promotional unlimited Broadband plan ‘Experience Unlimited BB 249′ from September 9, 2016,” the telecom PSU said in a statement.“The plan will enhance the customer experience towards wireline broadband services and attract new users to experience BSNL broadband services,” the corporation’s Chairman cum Managing Director Anupam Shrivastava said in a statement.“Under this plan, customers can download unlimited Broadband data without bothering about any data limit. BSNL shall offer 2 Mbps speed under this plan,” the statement said.BSNL said that if customers use the plan continuously in a month, they can download up to 300 GB data by paying Rs 249. “Hence, per GB data download cost comes out to be less than Re 1 per GB. After six months, customer will be migrated to one of the regular broadband plans based on the choice of the customer,” BSNL said.Shrivastava added that BSNL is the only operator offering lowest per GB data download cost plan under broadband services in the country.At Reliance Industries’ forty-second Annual General Meeting yesterday, Chairman Mukesh Ambani had said data must be “affordable”. He had said that against the prevailing market rate of Rs 250 per GB, Jio’s rates will be Rs 25-50 per GB depending on data usage. Reliance Jio 4G services is targeting 100 million customers.Meanwhile, BSNL also said that it has signed a Memorandum of Understanding with Telecom Department regarding performance based targets assigned to the telecom PSU.“BSNL signs MoU with Department of Telecom every year wherein certain parameter performance based targets are assigned to BSNL, by DOT and DPE (Department of Public Enterprises). On the basis of annual achievement vis-a vis targets of the MoU, DPE evaluates company’s performance and accordingly awards rating to BSNL,” the release added.