Top headlines: Windfall tax, India's 5G market, US Fed rates, and more

India to account for about 15% of worldwide market for the 3.5 GHz-based 5G radio and network: Global telecom gear makers

Rs 94,800-cr gains from windfall tax an overestimation: Govt sources

The government would have earned less than Rs 48,000 crore in the nine months of the current fiscal year (2022-23, or FY23) if the windfall tax rates remained constant. It termed the figure of Rs 94,800 crore floating around as an ‘overestimation’, said two senior government officials. Read more

Strong signal: India likely to be among top three global markets for 5G

Global telecom gear makers say that they expect India to account for about 15 per cent of the worldwide market for the 3.5 GHz-based 5G radio and network. The