Microsoft CEO warns of coming economic slowdown to impact stocks

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India’s Bharti Airtel raises basic tariffs by nearly 57% in seven regions

Bharti Airtel, India’s No. 2 telecom carrier by subscribers, has introduced a new entry level plan at 155 Indian rupees ($1.90) in seven regions, the company’s spokesperson said on Tuesday, effectively raising basic tariffs by nearly 57%. The new plan was introduced in regions including the states of Karnataka, Bihar and Rajasthan, after discontinuing the existing tariffs of 99 rupees, the spokesperson added. Telecom firms were widely expected to hike tariffs to shore up revenues after having spent billions of dollars in the country’s 5G auction last year.

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