financetom
Economy
financetom
/
Economy
/
One hour free internet in Bengaluru soon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
One hour free internet in Bengaluru soon
Nov 21, 2019 12:44 AM

Denizens of India's tech hub will soon have an hour free internet daily, said Karnataka Deputy Chief Minister CN Ashwat Narayan at the Bengaluru Tech Summit 2019.

"We require nine months to roll out the free internet plan which had been in demand for the last four years," said Narayan on Wednesday.

The state government has joined forces with ACT to roll out the project, estimated to cost Rs 100 crore which will promise at least 1 hour of free internet service a day to Bengaluru residents.

ACT has come forward to install the poles, we will charge a nominal fee and offer power supply, added Narayan.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fed cites volatility, doubts about neutral rate as reasons to go slow on easing
Fed cites volatility, doubts about neutral rate as reasons to go slow on easing
Nov 26, 2024
WASHINGTON (Reuters) - Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut interest rates, but as a group agreed this was a moment to avoid giving much concrete guidance about how U.S. monetary policy is likely to evolve in the weeks ahead. Participants noted that monetary policy decisions were...
September Home Prices Rise to New Record, Growth Stalls in Third Quarter, S&P's Case-Shiller Data Show
September Home Prices Rise to New Record, Growth Stalls in Third Quarter, S&P's Case-Shiller Data Show
Nov 26, 2024
01:27 PM EST, 11/26/2024 (MT Newswires) -- US home prices increased to a new record in September, though price growth stalled in the third quarter, S&P Global ( SPGI ) division S&P Dow Jones Indices said Tuesday. Nationally, the S&P CoreLogic Case-Shiller Index grew 0.33% sequentially in September after a seasonal adjustment, following a 0.26% gain the previous month. The...
Fed Minutes Reveal 'Confidence' In Inflation Reduction, Yet Flag Divergent Views On Interest Rate Path Ahead
Fed Minutes Reveal 'Confidence' In Inflation Reduction, Yet Flag Divergent Views On Interest Rate Path Ahead
Nov 26, 2024
Federal Reserve policymakers unanimously decided to reduce interest rates by 25 basis points to a range of 4.5%-4.75% during their November meeting, as they expressed confidence that inflation was moving sustainably toward their 2% target, according to meeting minutes released Wednesday. Participants highlighted several factors expected to maintain downward pressure on inflation, including diminishing business pricing power, the Fed’s restrictive...
Federal Reserve Watch for Nov. 26: FOMC Minutes Reinforce Recent Fed Speeches, Emphasize Gradual Path of Rate Reductions
Federal Reserve Watch for Nov. 26: FOMC Minutes Reinforce Recent Fed Speeches, Emphasize Gradual Path of Rate Reductions
Nov 26, 2024
02:37 PM EST, 11/26/2024 (MT Newswires) -- The minutes of the Nov. 6-7 Federal Open Market Committee meeting showed that almost all participants agreed that the risks to the inflation and employment goals remained roughly in balance and it would be appropriate to lower interest rates gradually, but emphasized the FOMC should be ready to move faster or slow to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved