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Saturday, October 20, 2018

Rupee jumps 29 paise against US dollar to 73.32

NEW DELHI: The rupee recovered early losses and finally settled 29 paise higher at 73.32 against the US dollar on Friday, amid a weakening...

Dual jurisdiction under GST opens door for traders’ harassment: CAIT

NEW DELHI: Traders’ body CAIT on Friday warned that allowing central as well as state tax administrations to initiate action against any taxpayer irrespective...

China posts slowest growth in nine years; GDP expands by 6.5% in Q3

BEIJING: China’s economy grew at 6.5 per cent in the third quarter, posting slowest growth in nine years, amid intensifying trade war with the...

ED files criminal cases into four Air India deals signed during UPA rule

NEW DELHI: In fresh trouble for embattled GoI-run carrier Air India, the Enforcement Directorate (ED) has registered multiple criminal cases to probe allegations of...

Oil companies cut petrol, diesel prices

NEW DELHI: Petrol and diesel prices on Thursday were reduced for the first time in over two months because of a drop in the...

Sterlite Power commissions transmission line two months ahead of schedule

Valley to get extra 1,000 MW power SRINAGAR: The NRSS 29 transmission project awarded by the government of India in 2014 was commissioned two months...

Canadian tourists all praise for Kashmir’s beauty, hospitality

Interact with Director Tourism SRINAGAR: Director Tourism Kashmir, Tasaduq Jeelani on Thursday interacted with a group of Canadian tourists who are holidaying in Kashmir. The travellers...

DDC Ang reviews progress under CAPEX Budget 2018-19, flagship progs

ANANTNAG: District Development Commissioner (DDC), Anantnag, Mohammad Younis Malik on Thursday directed the concerned officers to mobilise all the sources for effective and timely...

‘No threat of disconnection for SIM cards issued through Aadhaar’

NEW DELHI: The government of India on Thursday rubbished claims that 50 crore mobile numbers could face disconnection if the SIM cards procured on...

Non-life insurers’ register 9% rise in premium at Rs 19,098 cr in Sep

NEW DELHI: Non-life insurance companies reported a rise of 9 per cent premium income to Rs 19,098.51 crore in September, data from the Insurance...

US says it could remove India from currency monitoring list

WASHINGTON: India could be removed from US’ currency monitoring list of major trading partners, the Treasury Department has said, citing certain developments and steps...

India’s millionaires now worth $6 trn; 7,300 new names in rich club: Report

MUMBAI: Amidst rising concern over the increasing inequality, the country created a whopping 7,300 more millionaires during the 12 months to mid-2018, taking the...

India presses OPEC for responsible pricing of oil

NEW DELHI: India, the world’s third-biggest oil consumer, on Wednesday pressed OPEC to move to responsible pricing of oil and gas saying the recent...

India seeks investors for building 2nd phase of strategic oil storage

NEW DELHI: The government of India on Wednesday began roadshows to attract investors for building its second phase of strategic oil storage at a...

Agri dept Jmu, FCI establish paddy procurement centers

KATHUA: Department of Agriculture in collaboration with Food Corporation of India (FCI) on Wednesday inaugurated a Paddy Procurement Centre at village Palli of district...

Dept to promote green houses for vegetable production

JAMMU: Director of Agriculture Jammu, H K Razdan on Wednesday stated that the department was “planning to rope-in educated and motivated youth” to go...

Hoteliers Association calls on Commissioner Food Safety

SRINAGAR: A delegation of Hoteliers Association on Wednesday called on Commissioner Food Safety J&K Abdul Kabir at civil secretariat Srinagar to deliberate on the...

Indian rupee skids 13 paise to 73.61 vs US dollar

NEW DELHI: The Indian rupee surrendered all the gains made during the day and settled 13 paise lower at 73.61 against the US dollar...

PNB fraud: ED attaches over Rs 218 crore assets of Mehul Choksi, others

NEW DELHI: The Enforcement Directorate (ED) on Wednesday seized assets worth over Rs 218 crore in the nearly Rs 13,000 crore PNB fraud case,...

Rupee depreciation double whammy for trade, finds SBI study

NEW DELHI: A research report by India’s largest bank SBI Wednesday said the rupee depreciation has neither helped in improving exports nor in slowing...

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