Business
Private 5G networks to help India achieve Industry 4.0 goals: BIF
As India takes baby steps towards 5G, leading industry body Broadband India Forum (BIF) said on Thursday that private 5G networks would be crucial for the enterprises to augment efficiencies, enhance productivity and march towards Industry 4.0.
Meant for non-public use, Private 5G Networks are not about Public Data and Voice networks working inside private/captive campuses as is being alluded to and misunderstood in certain quarters.
“India needs higher efficiencies in verticals like manufacturing, healthcare, education, agriculture, financial inclusion and many others to accelerate the process of digital transformation. This can best be achieved only through the use of Private 5G Networks,” said the BIG in a position paper.
Private 5G Networks are about the deployment of high speed, enhanced data capacity, and ultra-low latency applications inside a closed manufacturing unit, hospital, airport, shipping port, etc.
“Since none of these applications are working in India at present, claims to be able to deliver these features through public networks are unsubstantiated,” said the paper.
For example, a Maruti or an Apollo would know its system and requirements far better than anyone else, and therefore, would be able to customise and design the network and applications accordingly.
A Public Telecom Network set up by a telecom licensee would necessarily have to be one which optimises the various needs of the masses.
“It would not be in a position to meet specific enterprise higher and specific SLAs (service-level agreements) that are characteristic of specific industry verticals. For example, the needs and requirements would be quite different of a Maruti-Suzuki automotive factory from that of an Apollo Hospital or of an IIT Delhi campus, and so on,” said the industry body.
Most of the revenues of the telcos are external and that remains completely untouched and, hence, they remain protected as do the government revenues.
“The Non-Public Networks or Private Networks constitute additional revenue streams for the telcos and the government. This revenue stream has not yet been tapped,” said the BIF.
There would be no revenue loss to the government on account of direct spectrum allocation for private 5G networks to enterprises, as they shall purchase the spectrum at a price to be fixed by the government and allocated administratively.
“Enterprises who will be permitted to set up Private Networks would have to acquire a Special CPWN License and would be required to pay License Fee. So, under no count does the government stand to lose revenues, as is being apprehended in some quarters,” read the position paper.
It is a misconception that Private 5G Networks would lead to revenue losses for the telcos, as expressed by certain entities.
“In fact, a more efficient captive network through Private 5G would lead to increased productivity for the enterprise, which would help grow business activities/external communications, thereby driving better revenues for the TSPs (technical service providers). New enhanced revenue streams could flow to the telcos,” according to the BIF paper.
It needs to be clearly understood that Private Networks would not be addressing the retail market and they would need the dedicated spectrum within the local campus only and the same spectrum if required, can be reused elsewhere.
Only a limited amount of spectrum (about 100 MHz, depending on the specific spectrum bands) would be required and is to be used/deployed within the geographical boundaries of the premises (with specific lat-longs) and not in the entire LSA/Circle.
The Telecom Regulatory Authority of India (TRAI), after significant deliberations, has considered that Captive Wireless Private Networks are not Public Networks, have no market customers, and are limited to a specific location.
Thus, TRAI has most appropriately recommended that the spectrum is to be assigned administratively, in line with global practices.
As India gears up for the 5G spectrum auction, the TRAI is aiming to enable the framework for enterprises to build their own private networks.
Leading industry bodies have hailed the TRAI recommendations of around 35-40 per cent cut in the reserve price for 5G spectrum for mobile services, terming it historic and which can finally put India on the world 5G map.
The telecom regulator has put forward a mega auction plan valued at over Rs 7.5 trillion at the base price allocated over 30 years.
The entire gamut of available spectrum in 600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300-3670 MHz and 24.25-28.5 GHz spectrum bands has been recommended by the TRAI to be put to auction.
In future auctions, the access spectrum will be assigned for a period of 30 years as against 20 years now.
Business
Bharat NCAP Awards 5-Star Crash Test Rating to Mahindra Thar Roxx
The Mahindra Thar Roxx has earned a prestigious 5-star rating in Bharat NCAP’s latest crash tests, reflecting its commitment to safety. Recently evaluated under stringent testing, the SUV excelled with a 31.09 out of 32 score for adult occupant protection and 45 out of 49 for child safety.
Tested in its AX5L and MX3 variants, the Mahindra Thar Roxx delivered notable results, scoring 15.09 out of 16 in the Frontal Offset test and a perfect 16 out of 16 in the Side Impact test. The assessment revealed strong protection for most areas, with adequate ratings for the driver’s chest and lower legs.
The Mahindra Thar Roxx has received high marks for child occupant safety, scoring 24 points in Bharat NCAP tests, along with 12 points for CRS (Child Restraint System) installation and a Vehicle Assessment Score of 9. This top-tier safety rating applies to all Thar Roxx units produced from November 2024 onward, underscoring Mahindra’s dedication to enhancing safety features across its SUV range. Additionally, Mahindra’s XUV400 and 3XO models have also achieved 5-star safety ratings, further emphasizing the automaker’s commitment to robust safety standards.
The Mahindra Thar Roxx offers two interior themes – Classic Ivory and a new Dark Mocha Brown. Comfort and convenience are prioritizing with ventilated seats, leatherette upholstery, a digital driver display, a larger 10.25-inch touchscreen, a high-quality Harmon Kardon sound system, a panoramic sunroof, rear AC vents, wireless connectivity for Apple CarPlay and Android Auto, and a six-way adjustable driver’s seat, combining practicality with luxury.
Mahindra Thar 5-door comes packed with safety and interior upgrades to enhance its appeal. On the safety side, it includes essentials like six airbags, three-point seatbelts for all occupants, hill control features, electronic stability control, and a seatbelt reminder. Advanced driver-assist features, such as autonomous emergency braking, adaptive cruise control, lane-keeping support, lane departure alerts, and a 360-degree camera system with blind spot monitoring, add an extra layer of protection.
Mahindra Thar Roxx offers two engine choices: a 2.0-litre turbo-petrol and a 2.2-litre diesel. The petrol engine comes in two setups—150 bhp and 330 Nm of torque for the manual, and 174 bhp with 380 Nm for the automatic. The diesel option is available only with four-wheel drive.
Business
Why The Indian Stock Market Struggled: Inflation, FPI Outflows, And Currency Pressure; Everything You Need To Know
The Indian stock market on Wednesday (November 13) wrapped the another challenging day, marking the fifth consecutive session of losses.
The Sensex and Nifty, the two benchmark indices, both ended lower amid concerns over inflation and a broad selloff in metal stocks.
Market Snapshot
By the close of the trading session, Sensex was down by 984.23 points, or 1.25 per cent, ending at 77,690.95. Nifty 50 followed suit, shedding 324.40 points, or 1.36 per cent, to settle at 23,559.05.
The day saw a sea of red on both the Sensex and Nifty, with the majority of stocks ending lower. Among the few gainers were NTPC, Tata Motors, and Infosys, which saw minor upticks on BSE.
However, the broader market was dominated by heavy losses, especially in stocks such as JSW Steel, State Bank of India (SBI), Adani Ports, Mahindra & Mahindra (M&M), and Tata Steel, all of which posted declines.
Reasons behind the sharp decline
One of the major factor contributing to the market’s downward trajectory is the growing concern related to inflation.
As per the data which released by the Ministry of statistics and Programme Implementation regarding the India’ retail inflation, it showed that for the month of October, it surged to 6.21 per cent, breaching the Reserve Bank of India’s (RBI) upper tolerance limit of 6 per cent for the first time in over a year. The primary factors that contributed to surge include rise food prices, driven by the extended monsoon season and crop damage.
Adding to the pressure is the continued outflow of foreign portfolio investments (FPIs). On November 12, FPIs sold shares worth Rs 364.35 crore, bringing the total outflows for November to Rs 23,911 crore
The Indian rupee also struggled on November 13, weakening by 1 paisa to close at 84.38 against the US dollar.
The rise of the US dollar, which surged 1.8 per cent in November, has been exacerbated by the US presidential election result and higher bond yields. The US 10-year bond yield spiked to 4.42 per cent, further diverting capital away from emerging markets like India.
Business
Trump Victory Revives The Crypto Mania; Bitcoin Touches 81,000 Mark, Other Virtual Currencies Also Surge
The world of cryptocurrency, which was enduring its long-drawn-out winter since the end of the pandemic, appears all set to come out of its ‘haitus’.
And this new surge has been powered by the recent triumph of Donald Trump at the 2024 US election. The president-elect, Donald Trump, who once thought that crypto was a ‘scam’, has come a long way. Donald Trump, by all means, is the most crypto-friendly president that the US has had so far.
Bitcoin
As a result of this newborn optimism, major names in the crypto business. The biggest of them all, Bitcoin, saw the biggest jump. Bitcoin scaled the USD 80,000 mark for the first time.
In the past 5 days, the cryptocurrency has surged in value by 7.76 per cent or USD 5,865.47, taking the overall value to 81,456.88 for one USD. In the Indian context, one Bitcoin is worth Rs 68,72,585.50.
Ethereum
And it is not just Bitcoin that has seen its value gallop. The second biggest name in the crypto world, Ethereum has observed a rise in its price since Trump’s victory. 8.71
In fact, this crypto has seen an even bigger jump of 17.00 per cent or USD 462.66, in the past 5 days, taking the overall value to USD 3,184.54.
Ripple
Another cryptocoin, Ripple, has also seen its prices rise. In the past 5 days alone, the value of this digital currency has jumped to USD 0.59.
This came to pass after an 8.71 per cent USD 0.05 rise in its value.
Dogecoin
The meme coin or a currency that was started as a joke, Dogecoin or ‘Dog Coin’ also saw a gargantuan rise in its prices. Just in the past 5 days, Dogecoin jumped in value by a substantial 49.76 per cent.
The price increased by USD 8.24, taking the overall value to USD 24.80. It is to be noted that Tesla boss Elon Musk, who is a close ally of Donald Trump, is a major proponent of this cryptocurrency.
One of the controversial policies that Trump has advocated throughout his campaign is weakening the US Dollar and loosening any scope of scrutiny on cryptocurrency. In fact, it is even reported that he would ‘fire’ the Security Exchange Commission chair, Gary Gensler. Gensler has been at the forefront of attempts to regulate cryptos.
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