Business news, Tata owns IIT 5G technology

Business news, Tata owns IIT 5G technology

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IIT has licensed 5G technology to Tata. This right has been given to Tata company “Tejas Networks” for Rs 12 crores. This technology platform will play a key role in researching 5G technology applications.

IIT Tata has provided 5G technology

The agreement for this took place the day before yesterday at Chennai I.I.T. Kanpur Director Ganesh, IIT Chennai Director Kamakodi, Tejas Networks Co-Founder Kumar Sivarajan, IIT, Professors Bhaskar Ramamurthy, Rohit Puthiraja, Radhakrishna Gandhi and Director General Hanumantharao, Applied Microwave Electronics Research Institute participated.

This technology platform incorporates the key features of 5G technology such as high speed, low latency and high security. Using this technology, studies on the applications of 5G technology are being carried out.

Through these studies, it is expected to find the means for widespread adoption of 5G technology in India.

Industrial production growth hits 16-month high

According to the National Bureau of Statistics, the country’s industrial sector production growth has increased to 11.70 percent in October, the highest level in the last 16 months.

It has also been reported that the main reason for this is the production growth of the manufacturing sector, mining and power sector.

In this regard, the National Statistics Office has said,

India’s industrial production growth rose to 11.70 percent in October, a 16-month high. It had decreased to 4.10 percent in October last year.

Also, during the period from April to October in the current financial year, the industrial production growth is 6.90 percent. It is noteworthy that it was 5.30 percent in the same period last year.

Increase in retail inflation

The country’s retail price inflation rate rose to 5.55 percent in November, a three-month low, according to the Office of National Statistics. The main reason for this is the high cost of food.

Last October, retail price inflation was seen at 4.87 percent.

After rising to 7.44 percent in July, inflation has been declining for three consecutive months. It is noteworthy that in November last year it was 5.88 percent.

However, even after such a rise, the third in a row
Month-on-month, retail price inflation remains within the inflation ceiling set by the Reserve Bank.

Food inflation increased to 8.70 percent in November last year.

It was 6.61 percent in October; It was 4.67 in November last year. As a percentage

The RBI, in its Monetary Policy Committee meeting held last week, projected retail price inflation at 5.40 per cent for the current fiscal year.

Also, inflation is predicted to be 5.60 percent in the third quarter of the current financial year and 5.20 percent in the fourth quarter.. Let’s see more.

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