New Delhi : Fitch Solutions on Monday cut its forecast for India’s economic growth to 4.9 per cent in the current fiscal that ends March 31, saying manufacturing could come under pressure from weak domestic demand and supply chain disruptions due to the coronavirus outbreak. The GDP growth is forecast to recover slightly to 5.4 per cent […]
With the viral outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further. That has sent shares tumbling for oil giants like Exxon and Chevron while smaller producers with idling rigs continue to slash jobs. Hundreds of new cases of the virus that causes the COVID-19 disease […]
The meeting of Digital Communications Commission (DCC), the interministerial decision-making panel of DoT, on Friday could not come to a decision on providing relief to the telecom sector, reports stated. No decision has been taken on any relief, sources said, adding, the department needs more data, and that there will be more meetings and reconciliation […]
Global stocks have lost at least $6 trillion in market value since Jan. 20 when the coronavirus outbreak first started becoming a concern for investors. The decline accelerated this week as the spread of cases outside of China picked up pace, sparking a worldwide sell-off that led to six straight sessions of losses for stocks […]
Srinagar: Kashmir’s business community including traders, hoteliers, silk producers, artisans, fruit associations and other trade and commerce bodies have sent out an SOS in a full-page ad published on Wednesday in several local dailies. The SOS message emphasises that the “ill-fated trade, tourism, horticulture, agriculture, handicrafts, commerce and industrial community of Kashmiris is in the middle […]
Ahead of its global unveiling at the Geneva Motor Show which begins from March 5, Hyundai Motor has revealed more details about the India-bound i20 premium hatchback. A new photo reveals two large digital screens, new colour scheme, ambient lighting technology and striking horizontal blades stretching across the whole front interior. The cockpit of the all-new […]
After introducing SUV Vitara Brezza during the recently held Auto Expo 2020, country’s major carmaker Maruti Suzuki India on Monday launched the petrol version of the vehicle priced between Rs 7.34 lakh and Rs 11.4 lakh (ex-showroom Delhi). The BS-VI petrol Vitara Brezza is powered by 1.5 litre K-series engine with 5-speed manual and automatic […]
The Internet ban has badly affected e-payments in Jammu and Kashmir since August 5 last year. The restoration of 2G Internet services has also failed to encourage card payments in the Union Territory. Despite restoration of the 2G Internet for the white-listed websites, particularly for banking sites, traders avoid receiving payments through PoS (point of […]
Ruling like a regal monarch in a hotly contested two-wheeler segment in India requires a whole lot of poise and character. And the Activa from Honda has had ample doses of both. Since its launch about 20 years ago, the enormously popular scooter has been a firm favourite and in its latest version, is determined […]
Jammu and Kashmir Bank Ltd is quoting at Rs 20.9, up 9.71% on the day as on 12:54 IST on the NSE. The stock is down 46.95% in last one year as compared to a 12.48% fall in NIFTY and a 21.04% fall in the Nifty PSU Bank index. Jammu and Kashmir Bank Ltd rose […]