SRINAGAR — Jammu and Kashmir Bank on Monday reported a 26.2 per cent rise in net profit to Rs 531 crore for the October-December quarter of FY2024-25 compared to Rs 421.08 crore in the year-ago period. A bank spokesman said that the financial institution is well on course to meet the annual profitability target. “The […]
NEW DELHI — J&K Bank on Wednesday announced the appointment of Amitava Chatterjee, currently Deputy Managing Director of State Bank of India (SBI), as its new managing director (MD) and CEO. Chatterjee will replace Baldev Prakash, whose term comes to an end on December 29. The Board of Directors in their meeting held on December […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]