India’s CPI inflation reversed a three-month downtrend, soaring to 7% again in August, due to rise in food prices. Higher prices for items such as wheat, rice and pulses offset easing edible oil prices, leading to a rise in food prices in August. Inflation has now remained above the Reserve Bank of India’s (RBI) medium-term target of 4% for 35 consecutive months, and above the central bank’s 2-6% tolerance range for eight straight months. According to economists, retail inflation is likely to ease going forward, with an improved supply side situation and global economic weakening leading to falling energy prices.

Are you planning to take a new Jio Fiber connection or want to upgrade your fiber plan? Well, Reliance Jio offers OTT bundle packs with select broadband recharge plans. Some of these plans offer not one but multiple OTT subscriptions, including Netflix, Disney Plus Hotstar, and Netflix. These benefits come free of cost. The plans are specially curated for users who are looking for unlimited high-speed data with at least 150 Mbps speed, unlimited voice calling, and more.

Jio Fibre plans with multiple OTT subscriptions range from Rs 999 to Rs 8499 including GST with one-month validity. So, if you are interested in recharging with one of the broadband packs, then here are all the details of Jio Fiber plans.

Anil Ambani's Reliance Infrastructure Ltd has filed an arbitration claim of Rs 13,400 crore ($1.7 billion) against Adani Transmission Ltd for "breach of terms" in a deal to sell its Mumbai power distribution business, the former said in a regulatory filing.

Reliance Infrastructure said the arbitration claim, filed before the Mumbai Centre for International Arbitration (MCIA), is over what is described as the breach of terms of its December 2017 share purchase agreement with Adani Transmission related to the transfer of its Mumbai power distribution business.

International Monetary Fund's (IMF) Managing Director Kristalina Georgieva said in an interview with CNBC-TV18 on September 9 that “global inflation is more stubborn than was expected”.

Speaking about whether the world is now staring at a recession, the IMF chief said: “What I can tell you is that inflation has proven to be much more stubborn than we thought it would be because of the triple crisis – pandemic, war, and then cost of living – a crisis that fuels inflation from its end by people demanding more compensation.”

She added: “So it is of paramount importance that central banks strive to achieve a place where the stability of the prices signals is secured again, which can be achieved by tightening and raising interest rates (which would end up strengthening the dollar and depreciating other currencies). However, this would impact growth negatively.”

Airtel CEO Gopal Vittal has urged users to look for a 5G-enabled smartphone when they buy a new device. In a letter to customers and reported by The Economic Times, the company chief announced that users would soon be able to check if their location supports Airtel's 5G services with the Airtel Thanks app. The telco had earlier said that it would roll out 5G services in the country by October, likely before Diwali. Its biggest competitor, Reliance Jio, will also roll out its fast-internet services in India around the same time.

In the letter to customers, Vittal writes, "We expect to launch our 5G services within a month. By December, we should have coverage in the key metros. After that, we will expand rapidly to cover the entire country. We expect to cover all of urban India by the end of 2023."