Govt clears FM expansion

I&B Minister Ambika Soni said the FM Phase III policy will result in coverage of all cities with a population of one lakh.

The government on Thursday cleared guidelines of the FM Radio Phase III expansion that will allow private radio channels to broadcast news of All India Radio and enable revenue generation of Rs 1,733 crore from the auction of licence for services in 227 cities.

The Cabinet also approved hiking of foreign investment limit on private FM radio broadcasting company to 26 per cent from the current 20 per cent. I&B Minister Ambika Soni said the FM Phase III policy will result in coverage of all cities with a population of one lakh.

Trump vows to keep ‘massive’ tariffs on India until Russian oil imports cease

World2 hr ago

President Trump spoke with Prime Minister Modi about India's continued purchases of Russian oil, warning that if they don't stop, tariffs on Indian goods will remain high. However, India denies any conversation took place and defends its energy policy. While the US claims India has halved its Russian oil purchases, Indian sources say there has been no immediate reduction.

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