KATHMANDU: Ncell, the country’s leading mobile service provider, has unveiled a new data plan under which Ncell customers can now avail data in new packs and sizes, and enjoy the internet at better rates. The new plan will come into effect from July 15, as per a press statement issued on Tuesday. Under the plan, Ncell customers can also subscribe to data packs valid for seven days, apart from daily and 30-day packs. Likewise, prices of data have also been revised downward, making access to the internet more affordable. Under the seven-day pack, customers can subscribe to 50 MB, 125 MB and 250 MB packs at 70 paisa, 48 paisa and 44 paisa per MB, respectively, (excluding taxes). Likewise, Ncell has also lowered the price of 1,000 MB pack valid for a month to Rs 550 from Rs 699 (excluding taxes). It has also offered options whereby customers can now take 2,000 MB and 3,000 MB monthly pack and enjoy internet at 43 paisa and 38 paisa per MB, respectively (excluding taxes). All Ncell pre-paid and post-paid customers can easily subscribe and enjoy benefits of the new data packs by dialling *17123#.
Volvo unveils plan
BANGALORE: Swedish auto giant Volvo said on Tuesday it planned to build buses destined for Europe’s roads in Bangalore, providing a major boon to Prime Minister Narendra Modi’s ‘Make in India’ campaign. Volvo’s Indian subsidiary has been exporting luxury air-conditioned coaches to South Asian countries, including Bangladesh and Sri Lanka, for two years and now has its sights set firmly on Europe. “We will be the first bus company to export to the European market from India, taking advantage of lower manpower costs and neutral duty,” Volvo Buses Corporation President Hakan Agnevall told reporters.
China bank lending
BEIJING: China’s bank lending rose in June and the broader money supply also increased, the central bank said on Tuesday, as monetary easing measures to boost the world’s second-largest economy kick in. Domestic banks extended new loans of 1.27 trillion yuan ($204.5 billion), up from 900.8 billion yuan in May, the People’s Bank of China (PBoC) said in a statement. Total social financing — a broader measure of credit in the economy — reached 1.86 trillion yuan last month, it said.