NEW DELHI — Bharti Airtel has become the first private telecom operator to launch mobile services in Kupwara, Baramulla and Bandipore districts of Jammu and Kashmir, the company said on Wednesday. The company said that it has deployed 15 mobile towers in Kupwara, Baramulla and Bandipore districts, which will benefit the local population and also […]
Biz-Tech
J&K Bank launches Virtual ATM facility in collaboration with Paymart India Pvt. Ltd.
SRINAGAR — The Jammu and Kashmir Bank on Friday launched virtual ATM facility (vATM) with an aim to leverage technology for financial empowerment of people, especially in rural areas. Committed to enhancing digital convenience for its customers, J&K Bank has launched a vATM — a cutting-edge technology platform — in collaboration with Paymart India Pvt […]
Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade
MUMBAI — The rupee fell 1 paisa to a new lifetime low of 84.39 against the US dollar on Tuesday as persistent foreign fund outflows and a strengthening greenback against major crosses overseas dented investor sentiments. Forex traders said the rupee is likely to trade between 83.80 and 84.50 in the medium term, with the […]
ISRO launches India’s first analog space mission in Leh
LEH — The Indian Space Research Organisation (ISRO) on Friday announced the launch of India’s first analog space mission, which commenced in Leh, Ladakh. This mission, led by ISRO’s Human Spaceflight Centre, has been developed in partnership with AAKA Space Studio, the University of Ladakh, IIT Bombay, and supported by the Ladakh Autonomous Hill Development […]
BSNL to switch to 5G by June 2025: Telecom minister Jyotiraditya Scindia
NEW DELHI — State-run telecom firm BSNL will complete the rollout of indigenously developed 4G technology through 1 lakh base stations by May next year and thereafter switch to 5G network by June 2025, Union Telecom Minister Jyotiraditya Scindia said on Monday. While speaking at the US-India Strategic Partnership Forum, Scindia said that India followed […]
Gold demand collapses in Kashmir as prices soar to unaffordable levels
SRINAGAR — In Kashmir, where gold has long symbolised prosperity and tradition, the middle class now faces a harsh reality. In just one week, gold prices have soared by Rs 4,000 per 10 grams, leaving many families struggling to afford the precious metal. With prices hitting Rs 77,500 per 10 grams, the surge threatens not […]
India’s Paytm’s payments services arm receives government approval
BENGALURU — India’s Paytm (PAYT.NS), opens new tab has received an approval from the finance ministry to invest in its payment services business, the fintech firm said on Wednesday. One 97 Communications, popularly known as Paytm, has been under the scrutiny of India’s banking regulator and financial crime-fighting agency after the central bank ordered it […]
Telegram founder Pavel Durov arrested at French airport
PARIS — The founder of the Telegram messaging app, Pavel Durov, who had an arrest warrant issued against him, was detained by the French authorities at an airport outside Paris, CNN reported. Officers from France’s anti-fraud office, attached to French customs, took the French-Russian billionaire into custody on Saturday evening after he arrived at Bourget […]
J&K Bank profit rises 27% to Rs 415 crore in April-June quarter
SRINAGAR — J&K Bank on Saturday reported a 27 percent rise in net profit to Rs 415 crore in the April-June quarter of 2024-25 compared to the year-ago period. The bank had posted a net profit of Rs 326 crore in the April-June period of the previous year. Total income in the first quarter of […]
OpenAI takes on Google Search, unveils AI-powered SearchGPT
SAN FRANCISCO — ChatGPT maker OpenAI has announced its foray into the search market dominated by Google, with launching SearchGPT which is an AI-powered search engine offering real-time access to information across the web. The Sam Altman-run company said it is testing SearchGPT, “a temporary prototype of new AI search features that give you fast […]