Kashmir industries chamber hails LG’s efforts in obtaining Central Industrial Package 2021

Srinagar: The Federation Chamber of Industries Kashmir (FCIK) has hailed Lt Governor Manoj Sinha for obtaining the Central Industrial Package-2021 for Jammu and Kashmir from the central government. An extraordinary Executive Council meeting of FCIK was called for and attended by presidents of associations representing all the estates, districts and identified segments of industry from […]

Sensex rallies 487 pts to close above 49k for first time; IT stocks shine

Mumbai: Equity benchmark Sensex rallied 487 points on Monday to close at a fresh lifetime peak, tracking gains in Infosys, HDFC twins and HCL Tech amid massive foreign fund inflows. After touching a record intra-day high of 49,303.79, the 30-share BSE index ended 486.81 points or 1 per cent higher at 49,269.32. Similarly, the broader […]

DLTC meet held to fix SoF in Kulgam

KULGAM: The Deputy Commissioner (DC) Kulgam, Showkat Aijaz Bhat today convened a District Level Technical Committee (DLTC) meeting to revise the Scale of Finance (SoF) for providing loans to farmers on short term basis for various crops. During the meeting a detailed discussion was held to fix the revised Scale of Finance for different varieties […]

Rupee tumbles 16 paise to close at 73.40 against US dollar

Mumbai: The rupee depreciated by 16 paise to close at 73.40 (provisional) against the US dollar on Monday, tracking a rebound in the American currency overseas. At the interbank forex market, the domestic unit opened at 73.47 against the US dollar and witnessed an intra-day high of 73.37 and a low of 73.50. The local […]

BSNL 4G services to result in Rs 50,000 crore windfall to Indian infra, tech firms

BSNL 4G services to result in Rs 50,000 crore windfall to Indian infra, tech firms

NEW DELHI: State-owned Bharat Sanchar Nigam Ltd’s (BSNL) plans to roll out 4G services using only indigenous equipment and technology would result in an immediate windfall of ₹50,000 crore to Indian telecom infrastructure and technology companies. Further, this would help in promoting India as an export hub for both 4G and 5G technologies. This would […]

LIC drags new premium biz down 3% in Dec, private life insurers fare well

NEW DELHI: The new business premium of life insurance industry contracted by 3 per cent year-on-year to Rs 24,383.42 crore in December. The new business or the first-year premium of 24 life insurance companies was Rs 25,079.89 crore in the same month of 2019. The country’s largest life insurer LIC contributed Rs 14,345.70 crore or […]

All-women Air India team operates historic San Francisco-Bengaluru flight

NEW DELHI: Bengaluru An all-women cockpit crew set out on a history journey, operating Air India’s inaugural San Francisco-Bengaluru flight, going over the North Pole and taking the Atlantic route to reach the Karnataka capital at the other end of the world. The flight number AI176 left San Francisco on Saturday at 8.30 PM (local […]

Why gold prices slumped Rs 2,000 in a day and silver crashed Rs 6,000

MUMBAI: Gold and silver prices fell sharply in Indian markets, amid a slump in global rates as higher US bond yields and a rebound in US dollar weighed on the precious metal. On MCX, February gold futures slumped ₹2050 to ₹48,818 per 10 gram on Friday while silver futures tanked ₹6,100 or 8.8% to ₹63,850 […]

Div Com Jammu asks for identifying land to establish KVK at Kishtwar

SKUAST Officers to assist in finalizing site JAMMU: Divisional Commissioner, Sanjeev Verma today asked the Deputy Commissioner Kishtwar to identify suitable land for establishment of Krishi Vigyan Kendra (KVKs) in the district. He was chairing a meeting through video conferencing with DCs and concerned officers in this regard. The meeting was attended by Director Extension […]

Google suspends Parler from Play Store; Apple threatens to ban it

Washington: Internet giant Google has suspended US-based microblogging platform Parler — where most of the supporters of outgoing President Donald Trump are shifting their base — from its app store, citing posts inciting violence and demanding “robust” moderation for “egregious” content from the social networking service. Simultaneously, Apple also warned Parler on Friday that it […]