Business
PTI Mumbai: The rupee pared its initial gains to close down by 12 paise at 73.42 against the US currency on Tuesday amid concerns that rising COVID-19 cases and subsequent lockdowns in some states may hurt the economic recovery. Investors were also cautious ahead of the RBI policy statement
Business
Officials say technical glitch is with two telecom service operators Srinagar: Jammu and Kashmir Bank customers are facing problems in accessing Mpay. Customers informed KNS said that they are not able to access the app and is giving them tough time in logging into their accounts. " When I tried
Business
Indian economy will be among the top economies in the world in the next few years using science, technology, and innovation in all sectors, bouncing back soon from the after effects of COVID 19, Vice-Chairman, NITI Aayog, Dr. Rajiv Kumar said at a webinar organized to celebrate 50 years of
Business
Srinagar: The role of J&K Bank was appreciated by various senior government functionaries during the two-day ‘My Town, My Pride’ programheld across all the towns of the Union Territory. The officials lauded J&K Bank for its role in empowering people on economic and social front. J&
Business
Bangladesh is set to beat India in terms of per capita gross domestic product (GDP) this calendar year, thanks to a sharp contraction in the Indian economy due to Covid-19 and the economic lockdown. According to International Monetary Fund (IMF)-World Economic Outlook (WEO), Bangladesh’s per capita GDP in
Business
Mumbai: The rupee depreciated 13 paise to 73.73 against the US dollar in opening trade on Wednesday tracking muted domestic equities and strengthening American currency. At the interbank forex market, the rupee opened on a weak note at 73.67, then fell further to 73.73, registering a fall
Business
PTI New Delhi: Gold prices on Thursday plunged Rs 774 to Rs 51,755 per 10 gram in the national capital following decline in global prices, according to HDFC Securities. The yellow metal had closed at Rs 52,529 per 10 gram here in the previous trade. Silver prices also
Business
PTI Mumbai: The rupee slumped 44 paise to close at 73.47 against the US dollar on Thursday as rise in demand for the American currency from oil importers weighed on forex market sentiment. Besides, stronger greenback against its key rival currencies and subdued domestic equities exerted pressure on the
Business
REUTERS The All India Online Vendors Association alleges that Amazon India's wholesale arm buys goods in bulk from manufacturers and sells them at a loss to sellers such as Cloudtail. A group of more than 2,000 online sellers has filed an antitrust case against Amazon in India,
Business
PTI Mumbai: The rupee pared its early gains to settle almost flat at 74.33 against the US dollar on Tuesday, tracking muted domestic equities. Analysts said the rupee closed steady due to suspected intervention by the RBI amid forex inflows and positive global cues. At the interbank forex market,
Business
PTI New Delhi: The government has extended by two months the deadline for placing bids for Air India till October 30 as the COVID-19 fallout has disrupted economic activity globally. The process of stake sale in the national carrier was initiated on January 27. This is the fourth extension given
Business
PTI New Delhi: Gold prices declined by Rs 557 to Rs 52,350 per 10 gram in the national capital on Tuesday, according to HDFC Securities. Silver prices also tumbled Rs 1,606 to Rs 66,736 per kg from its previous close of Rs 68,342 per kg. In
