A look at the headlines in this sector right now:

  1. Reliance Jio will offer free data, voice and video services till March 31, says Mukesh Ambani: While introducing other offers, the RIL chairman also accused leading telecom operators of ‘anti-competitive behaviour’.
  2. GDP rises to 7.3% in Q2, but analysts say demonetisation impact will show later: The step to denotify Rs 500 and Rs 1,000 notes will slow down growth in the coming quarters, experts said.
  3. Price of subsidised LPG hiked by Rs 2.07, jet fuel rates slashed by 3.7%: The cost of non-subsidised cooking gas was increased by Rs 54.5, and a litre of kerosene now costs Rs 17.51.
  4. RBI claims there is enough cash to deal with payday rush, but banks say they are out of money: A Finance Ministry official said plenty of Rs 500 notes will be ‘routed through the banking system every day from December 1’.
  5. British industrialist George Buckley, Noel Tata in fray for Tata Sons top post, say reports: There is also speculation that TCS CEO N Chandrasekaran and Jaguar Land Rover chief Ralf Speth’s names are being considered for the chairperson’s post.
  6. Petrol price hiked by 13 paise a litre, diesel slashed by 12 paise: The rates were revised in line with the the current level of international product prices of petrol and diesel, Indian Oil Corporation said.
  7. Over 1 million Android phones compromised by ‘Googlian’ malware security breach: The infection allows the virus access to Google accounts data in devices that run on the Jelly Bean, KitKat and Lollipop versions of the operation system.