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Business News/ Politics / Policy/  News in Numbers | Mobile data consumption up; Scrapping Delhi BRT to cost Rs35 cr
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News in Numbers | Mobile data consumption up; Scrapping Delhi BRT to cost Rs35 cr

Idea's results showed that on an average its subscribers, who have data services on their mobile, used 600 MB of data, a near 50% increase over a year ago

A pet project of the erstwhile Congress government in Delhi and one that was to serve as the model for 26 more such corridors in the city, BRT corridor attracted criticism for causing traffic snarls and pedestrian deaths. Photo: Pradeep Gaur/MintPremium
A pet project of the erstwhile Congress government in Delhi and one that was to serve as the model for 26 more such corridors in the city, BRT corridor attracted criticism for causing traffic snarls and pedestrian deaths. Photo: Pradeep Gaur/Mint

26.1%

The share of revenues from areas other than voice calls for telecom company Idea Cellular in April to June quarter. This is a marked increase from the 17.8% share of non-voice revenues for Idea in the corresponding quarter a year ago, underscoring the voracious data consumption via mobile that is providing a fillip to telecom companies in India. Idea’s results declared on Tuesday showed that, on an average, its 37.2 million subscribers, who have data services on their mobile, used 600 MB of data, a near 50% increase over a year ago. On Tuesday, shares of Bharti Airtel, the leader in India by market share, also hit a six-year high.

75%

The loan-to-value (LTV) ratio currently followed by non-banking finance companies (NBFCs) engaged in financing against gold jewellery, where “value" is computed as the average of gold prices in the last 30 days. In global markets on Monday, gold prices fell to a five-year low, prompting lenders who provide loans against the yellow metal to start asking their customers to make part payments of their loans. In January 2014, the central bank had allowed NBFCs to offer loans of up to 75% of the pledged gold or gold jewellery. The maximum LTV permissible, fixed by the Association of Gold Loan companies, is 1,818 per gram (against value of gold jewellery worth 2,423) until the end of this week (July 25).

112

The number of defamation cases filed by All India Anna Dravida Munnetra Kazhagam (AIADMK), one of the major regional parties in India, against the media and political rivals. The latest is a criminal defamation case against Bharatiya Janata Party (BJP) leader Subramanian Swamy for a tweet on the health of Tamil Nadu chief minister and AIADMK leader J. Jayalalithaa. Earlier, Swamy had challenged Sections 499 and 500 of the Indian Penal Code, arguing that these sections, which allow the initiation of criminal proceedings for defamation, restrict freedom of speech and expression. Last week, the Supreme Court had asked the Centre why these IPC provisions cannot be diluted to remove the perception that it violated the fundamental right to free speech.

4.6 million

The number of unique entries in the caste field thrown up by the caste survey of 330 million Indian households. The Niti Aayog now has the onerous task of matching this database of 4.6 million entries with the correct caste to table India’s population by caste. Political parties have been demanding the release of the caste data, documented as part of the Socio Economic and Caste Census commissioned in 2011. The Central government recently said it would release the data after rectifying errors in 14.6 million cases.

35 crore

The cost of scrapping a contentious 5.8 km bus rapid transit (BRT) corridor in New Delhi, according to Delhi government’s estimates. This is about a quarter of what it cost to build the corridor. A pet project of the erstwhile Congress government in Delhi and one that was to serve as the model for 26 more such corridors in the city, it attracted criticism for causing traffic snarls and pedestrian deaths. According to one study, the number of accidents and accident-related deaths on the stretch increased by 40% and 48%, respectively, after the BRT became operational. The Aam Aadmi Party government in Delhi decided to scrap the corridor on Tuesday.

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Published: 22 Jul 2015, 11:11 AM IST
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