Top headlines: Telcos battle over subscribers; new stimulus for demand

From govt announcing new scheme to boost consumer spending to telcos war over subscriber base, here are top headlines this morning

Reliance Jio, Bharti Airtel ring in active vs inactive subscriber battle

Reliance Jio’s falling share of active customers, also known as the Visitor Location Register (VLR), against Bharti Airtel's growing numbers, is a talking point in telecom circles. VLR denotes subscribers who are active on the network, can send or receive calls, don’t have their mobile switched off and are not outside the coverage area. For some investors and analysts, Reliance Jio’s lower figure is definitely concerning, a source said. Read More

Fiscally restrained govt tries new formula to boost festive consumer spend

Finance Minister Nirmala Sitharaman on