India’s credit rating takes another hit, this one from Fitch

Mumbai: India’s credit score moved a step closer to junk after Fitch Ratings Ltd. cut the outlook to negative, citing weak economic growth prospects and rising public debt. Fitch said it expects economic activity to contract by 5 per cent in the fiscal year to March as a result of measures to contain COVID-19. General […]

Global 5G subscription to cross 190mn by end of 2020: Ericsson

New Delhi: The global number of 5G subscriptions will surpass 190 million by the end of 2020 and 2.8 billion by the end of 2025, according to a forecast by Swedish telecom gear maker Ericsson on Tuesday. In India, 5G will represent around 18 per cent of mobile subscriptions at the end of 2025, according […]