Trai rings in steep hike in basic, cell rentals
The Telecom Regulatory Authority of India (Trai) announced a 30% hike in basic telephone rentals in urban areas and a 400% raise in cellular rentals, but drastically reduced domestic and international long-distance call charges.

Centre sets up two panel to review drug policy, pricing
The Government has announced the constitution of a 10-member committee, headed by the secretary (chemicals and petrochemicals (C&PC) Deepak Chatterjee, to review the existing drug policy and Drug Price Control Order (DPCO).

Cell operators fear 25 per cent drop in short-term revenue
Cellular service providers fear a loss in revenue of as much as 25% due to the sharp rise in monthly rentals from Rs 156 to Rs 600.

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