Power tariff set to be hiked in J&K
The Jammu Power Distribution Corporation Limited (JPDCL) has proposed 17.74% hike in power tariff, while Kashmir Power Distribution Corporation Limited (KPDCL) has filed a petition for 12.46% hike.
The Jammu Power Distribution Corporation Limited (JPDCL) has proposed 17.74% hike in power tariff, while Kashmir Power Distribution Corporation Limited (KPDCL) has filed a petition for 12.46% hike.
“It is the government which arranges power for irrigation but nothing like that in Delhi. Farmers today are getting hefty power bills according to commercial rates. In fact the farmers today decided if their demands are not met soon, they would bring out a massive tractor rally,” said Gupta.
"Bharti Airtel has always maintained that the mobile 'Average Revenue Per User' (ARPU) needs to be at Rs 200 and ultimately at Rs 300, so as to provide a reasonable return on capital that allows for a financially healthy business model," the telecom operator said in a regulatory filing.
The development comes after the Commission halved additional tariffs on US imports, including pork, beef, soybeans and whiskey, from February 14.
After nearly two years of conflict and the exchange of punishing tariffs that have had a negative impact on business investment and global economic growth, President Donald Trump last month announced a “phase one” trade deal with Beijing.
The government had on June 21, 2018, decided to impose these duties in retaliation to the US decision of significantly hiking customs duties on certain steel and aluminium products.
India had last February slashed the customs duty on imported motorcycles like Harley-Davidson to 50 per cent after Trump called it 'unfair' and threatened to increase the tariff on import of Indian bikes to the US.
The move would risk a further escalation of tensions between Washington and Beijing which are already mired in a trade war
US President Donald Trump has approved tariffs worth $50 billion on import of goods from China.
China announced on Friday that it was considering higher tariffs for imported US products worth about $3 billion to balance…