Blood bath in D-Street: Sensex hits 15-month low, crashes over 2,400 points on coronavirus fears
Share/Stock Market Today Live Updates: The benchmark equity indices on the BSE and the National Stock Exchange (NSE) edged below 6 per cent in afternoon deals on Monday tracking weakness in the global markets which tumbled due to rising concerns over the economic impact of coronavirus and crashing crude oil prices. The S&P BSE Sensex crashed as much […]
Jio seeks data price hike to Rs 20/GB
Srinagar : Reliance Jio has proposed to TRAI that wireless data prices are gradually increased to Rs.20 per GB from Rs.15 per GB currently, after six to nine months while suggesting floor rate for data prices. While advocating for TRAI’s intervention to prescribe floor price for wireless data service, Jio said voice tariff should continue under […]
Jamkash Vehicleades Kashmir launches new Vitara Brezza
The unveiling was done by the Chief Guest of the occasion ArunGandotra President, Credit J&K Bank in presence of Irfan Ahmad (Managing Director Jamkash Vehicleades (Kashmir)Pvt Ltd.), along with Syed Rayees Maqbool (Zonal Head Central 1), Farhat Abbas (Cluster Head 1), Zaffar Akeel (Branch Head Residency Road). According to the statement, all top management of […]
India’s currency weakens to lowest on record on coronavirus fears
Cracks are starting to appear in rupee’s defences with new coronavirus cases being reported in India. The rupee slid as much as 0.4% to 73.6 per dollar on Wednesday to become the worst performing Asian currency. India has so far reported 28 positive cases, which includes 15 Italian tourists. The currency had stayed relatively stable […]
Royal Enfield Classic 350 BS 6 launched, priced at ₹1.57 lakh
Royal Enfield has launched the updated Classic 350 BS 6 in the Indian market. In the single-channel ABS configuration the bike has been priced at ₹1.57 lakh (ex-showroom Delhi). At this price, the motorcycle stands ₹11,000 costlier than the previous BS 4 model it replaces. It is now the most affordable motorcycle present in the manufacturer’s Classic […]
Oil prices fall as coronavirus spreads outside China with death toll at 2,900
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 […]
DCC could not come to a decision on providing relief to telcos: Sources
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 stock losses hit $6 trillion as coronavirus fear spreads
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 […]
Kashmir’s Business Community Sends Out SOS on ‘Sea of Debt and Destruction’
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 […]
Hyundai releases interior image of India-bound i20, festive season launch likely
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 […]