SRINAGAR — Jammu and Kashmir Bank, which crossed the Rs 2,000-crore profit mark in fiscal year 2024-25, aims to cross the Rs 5,000 crore profit milestone by 2030, its Managing Director and CEO Amitava Chatterjee has said. Chatterjee emphasized on the need for the bank to focus more on supporting the agriculture sector, while expanding […]
SRINAGAR — The terror attack on tourists in Pahalgam that killed 26 people might affect the local economy but it will not have much impact on Jammu and Kashmir Bank as the lender’s exposure to the tourism industry is around one per cent of the total portfolio, MD & CEO of the bank Amitava Chatterjee […]
SRINAGAR — Jammu & Kashmir Bank on Monday reported over 8 per cent decline in net profit to Rs 584.54 crore for the January-March quarter of 2024-25 compared to Rs 638.67 crore in the year-ago period. On a sequential basis, net profit rose by 10 per cent compared to Rs 531.51 crore in the previous […]
NEW DELHI — Gold prices soared by Rs 1,650 to hit an all-time high of Rs 98,100 per 10 grams in the national capital on Wednesday amid a global rush for the safe-haven asset triggered by an escalated trade war between the US and China. According to the All India Sarafa Association, the precious metal […]
NEW DELHI — Gold prices rose by Rs 50 to revisit the all-time high level of Rs 96,450 per 10 grams in the national capital on Tuesday, according to the All India Sarafa Association. On Monday, the yellow metal of 99.9 per cent purity fell by Rs 50 to settle at Rs 96,400 per 10 […]
NEW DELHI — With the IPL season up ahead, Jio has announced a 90-day free JioHotstar subscription for existing and new Jio SIM customers who opt for or recharge with a plan of Rs 299 or above. Existing Jio SIM users recharging with Rs 299 (1.5GB/day or more) or above plan between now and March […]
NEW DELHI — Maruti Suzuki India on Monday said it will hike vehicle prices by up to 4 per cent from April in order to offset the impact of rising input costs. In light of rising input costs and operational expenses, the company has planned to increase the prices of its cars from April, the […]
JAMMU — The Jammu and Kashmir government has identified 625 acres of land to set up industrial estates in different districts of the Kashmir division while a proposal for 1,207 acres of land has been submitted to the revenue department for similar projects in Jammu. Deputy Chief Minister Surinder Choudhary informed the Legislative Assembly while […]
NEW DELHI — The Reliance Industries’ digital services company Jio Platforms Limited has signed an agreement with SpaceX to offer Starlink’s broadband internet services to its customers in India, the company said on Wednesday. The agreement is subject to SpaceX receiving authorisation to sell Starlink in India. The development came a day after Jio’s rival […]
WASHINGTON — Hours after a series of outages Monday that left X unavailable to thousands of users, Elon Musk claimed that the social media platform was being targeted in a “massive cyberattack.” “We get attacked every day, but this was done with a lot of resources,” Musk claimed in a post. “Either a large, coordinated […]