Coronavirus in China to make drugs expensive in India
New Delhi: The prices of generic drugs in India are likely to go up due to the country”s excessive dependence on the imports of active ingredients from China, which has been hit by the novel coronavirus epidemic. While noting that Indian imports are highly dependent on China, the Confederation of Indian Industry (CII) in its […]
Tourism sector witnesses 70 percent decline in revenue since August: Report
Srinagar The J&K tourism sector has witnessed 70 per cent decline in revenue after the Centre abrogated Article 370, which provided special constitutional status to the erstwhile state, reported The Tribune. According to report, documents from the Union Ministry of Tourism have revealed that after the issuance of security advisory on August 2, J&K has witnessed […]
J&K Bank Commissions Business Unit, 2 ATM’s in Kishtwar
Srinagar: Extending the world-class banking facilities and services to the far-flung areas of the state, J&K Bank opened a new Business Unit at Sigdee in district Kishtwar besides commissioning two ATMs at Pochal and Mugalmaidan. Bank’s Zonal Head Jammu North (I) Sajad Hussain Malik inaugurated the BU and two ATMs in presence of Cluster Head Jammu […]
Sensex rebounds 100 points; HDFC spurts after Q1 show
Mumbai: Equity benchmark BSE Sensex overcame a weak start to end nearly 100 points higher on Friday, led by auto, IT and finance stocks even as global markets dived after US announced fresh tariffs on Chinese imports. The 30-share BSE Sensex rose 99.90 points or 0.27 per cent to settle at 37,118.22. Similarly, the broader […]
Sensex tanks over 450 points, Nifty finishes below 11,000-mark
Mumbai: Equity benchmark BSE Sensex tumbled 463 points while the NSE Nifty closed below the key 11,000-mark on Thursday amid heavy selling in metal, banking and tech stocks. Lacklustre economic data, unabated foreign fund outflows and disappointing quarterly earnings also dented market sentiment, traders said. After a weak opening, the 30-share BSE Sensex plunged more […]
Sensex gains 84 points ahead of US Fed’s rate decision
Mumbai: Equity benchmark BSE Sensex rose 84 points on Wednesday to end at 37,481 following robust buying in banking and auto stocks on ahead of the US Federal Reserve’s interest rate decision. After a choppy session, the 30-share index settled 83.88 points or 0.22 per cent higher at 37,481.12. The broader NSE Nifty ended 32.60 […]
DoT working on proposal for MTNL, BSNL merger; final call by Cabinet: Source
New Delhi: The Department of Telecommunications (DoT) is “working on” a proposal for merger of cash-strapped BSNL and MTNL as part of efforts to revive the ailing state-owned telecom firms, a source said. The source, privy to the development, said merger is “one of the many components” of the overall revival plan being worked out […]
Sensex ends 196 points lower on weak global cues
Mumbai: Equity benchmark Sensex fell by 197 points on Monday, tracking weak global cues and unabated foreign fund outflows. Similarly, the NSE gauge Nifty slipped by 95 points. Auto stocks were at the receiving end with investor sentiment taking a hit after the government proposed a hike in registration fees for old and new vehicles and […]
Airtel to allocate 9.7 lakh equity shares, 497 special shares to Tata Tele
New Delhi: Bharti Airtel’s committee of directors on Friday approved allocation of over 9.7 lakh equity shares and 497 redeemable preference shares to shareholders of Tata Teleservices as part of merger process. “970,668 equity shares (in aggregate including fractional entitlements) fully paid up of face value of Rs 5 per share of the company to […]
Govt to use social media as promotional tool to attract more tourist footfall in J&K
Srinagar:Principal Secretary, Tourism, Navin Kumar Choudhary on Friday chaired an interactive session with representatives of various tourism associations and other stakeholders of the tourism industry. Director Tourism Kashmir, Nisar Ahmad Wani, Director Tourism Jammu, Deepika Kumari Sharma, Additional Secretary Tourism Prasanna Ramaswamy, officials from JKTDC, Tourism Department, representatives of various tourism associations including Nigeen Club […]