# 5G auction

• India’s biggest ever auction of telecom spectrum received a record ₹1.5 lakh crore of bids.
• Reliance jio has bid almost half of all the airwaves sold with bids totalling ₹88078 crores.
• Gautam Adani’s group ₹212 crore rupees for 400 MHz or less than 1% of all spectrum sold, in a band that is not used for public telephony services.
• Telecom tycoon’s Sunil Bharti mittal’s Bharti Airtel made a successful bid of ₹43084 crores.
• Vodafone idea limited bought the spectrum for ₹18799 crores.
• Telecom minister Ashwini vaishnav said of the 72098 MHz of spectrum offered across 10 bands, 51236 MHz or 71% was sold.

# GST collections

• The Goods and services tax yielded ₹148995 crores in revenues during July.
• This is the second highest monthly collections since the launch of the GST regime and the highest in three months.
• July’s GST kitty is 28% higher than a year earlier driven by a 48% jump in revenue from import of goods.

# Gati shakti university

• Education minister Dharmendra pradhan on Monday introduced the central university (amendment) bill.
• This bill seeks to convert the National Rail and Transportation Institute (NRTI), a deemed to be university into the Gati shakti vishwavidyalaya, an autonomous central university.
• The bill seeks to expand the scope of the university from beyond just the railways to cover the entire transportation sector.
• The new university will be funded and administered by the ministry of railways.

# Manufacturing PMI

• India’s manufacturing sector rebounded in July, with sales and output growing at the fastest pace.
• The PMI quickened last month to 56.4, from June’s 9 month low of 53.9.