Sensex tanks 306 points; HDFC twins sink
Mumbai: Extending losses for the third consecutive session, market benchmark BSE Sensex tumbled 306 points at close on Monday led by a carnage in shares of HDFC twins amid weak global cues. Unabated foreign fund outflows and a depreciating rupee too weighed on investor sentiment here, traders said. The 30-share index cracked 305.88 points or 0.80 […]
IMF urges Pakistan to mobilise domestic tax revenue
Washington: The IMF has urged Pakistan to mobilise domestic tax revenues to provide for the social and development spending and place debt on a downward trend. The statement of International Monetary Fund (IMF) Acting Managing Director David Lipton came after he met Prime Minister Imran Khan who is on a three-day official visit to the […]
Governor, Union Minister flags off Electric Buses in Srinagar
Srinagar,: Governor Satya Pal Malik and Arvind Ganpat Sawant, Union Minister for Heavy Industries and Public Enterprises, today flagged off new JKSRTC Electric Buses in Srinagar here at SKICC. A total of 20 E-Buses will ply on different routes in Srinagar. Kewal Kumar Sharma and K Skandan-Advisors to Governor; Dr Asgar Hassan Samoon, Principal Secretary, […]
ACB to tighten screws on tainted PSU officials
Srinagar: The Anti-Corruption Bureau (ACB) has decided to widen its ambit to check rampant corruption and to “crack whip” on big fish enjoying prime posts in various government owned corporations. Reliable sources told Kashmir News Service (KNS), that feeling upbeat over the recent directions and praises from the Union Home Minister, the ACB has decided […]
Reliance Industries net up 6.8per cent; retail, telecom boost profit
Mumbai: Reliance Industries on Friday reported a 6.8 per cent rise in net profit for the first quarter (Q1) driven by robust performance by its consumer businesses of retail and telecom, countering the weakness in traditional petrochemical and refining business. The Mukesh Ambani-led conglomerate reported a net profit of Rs 10,104 crore, or Rs 17.05 per […]
Gold nearing Rs 36,000-mark
Chennai: Gold prices in the Indian market made new highs on Friday as the international rates were at six-year high levels. With positive triggers in place, gold is likely to keep up momentum towards $1,500 per ounce in the medium term. In the Multi Commodity Exchange, August contract of gold touched a fresh high of Rs […]
Sri Lanka Cricket announces squad for ODI series against Bangladesh
Colombo: Sri Lanka Cricket on Friday announced the 22-member squad for the upcoming home series against Bangladesh. The Sri Lankan cricket board has made many changes in their World Cup playing side. Milinda Siriwardena, Jeffrey Vandersay, Suranga Lakmal, and Jeevan Mendis are excluded from the 22-member squad. Ten players returned to the Sri Lankan ODI side […]
After 13 years, India gets consular access to Kulbhushan Jadhav
New Delhi: After being slammed by the International Court of Justice (ICJ) for violation of the Vienna Convention on consular relations in the Kulbhushan Jadhav case, a chastened Pakistan announced its decision to grant him consular access. The announcement was made in a press statement from Islamabad issued after midnight Indian time on Friday.It added […]
DGCA suspends AirAsia pilot for wrongly transmitting hijack code on Srinagar flight
NEW DELHI: Aviation regulator DGCA on Friday suspended an AirAsia India pilot for a period of three months for erroneously transmitting the ‘hijack code’ to the Air Traffic Services during a Delhi-Srinagar flight on June 9, sources said. “As one of the engines had stalled at this I5-715 flight of AirAsia India, first officer (pilot) […]
Doctor slapped, harassed wife after we lost twins: Kashmir man alleges negligence by govt hospital
Srinagar:A Kashmir-based journalist on Thursday wrote an open letter to Jammu and Kashmir Governor Satya Pal Malik, alleging medical negligence by the Lal Ded Hospital in Srinagar which led to the death of his twin babies. Abid Soffi has also alleged that his wife was slapped by one of the doctors and asked to shut […]