According to a research note by Goldman Sachs, Airtel’s move to raise prepaid tariffs increases the probability of a near-term tariff hike in the segment.
I have received messages from various district industry bodies that the enhanced power tariff is not sustainable and it is like a death warrant for power intensive industries.
Bharti Airtel has initiated what is likely to be the start of the long-expected round of tariff hikes in the price-sensitive prepaid mobile services segment.
Stating that people of the State have become used to such statements from BJP leaders at regular intervals, Mohanty asked the party not to shed crocodile tears over the issue.
Shortly after the discoms were handed over to Tata Power, the tariff shot up despite the fact that Odisha is a generating State with surplus power,” she said.
How can OERC justify the loss of 60 paise per unit by Gridco while allowing a hike in the bulk supply price, he wondered.
Concerns were shared about the American spice industry who depend largely on countries such as India on the import of spices and are now fearing a retaliatory action from them.
The scenario of possible exceptions came after Trump's surprise announcement on Thursday and subsequent aggressive business lobbying against the tariffs.