NEW DELHI — According to the Reserve Bank of India’s (RBI) report on currency and finance for FY22, it will take roughly 15 years for the Indian economy to recover from the losses experienced during the coronavirus pandemic. “Taking the actual growth rate of -6.6 percent for 2020-21, 8.9 percent for 2021-22 and assuming growth […]
NEW YORK — Billionaire entrepreneur Elon Musk agreed to buy Twitter Inc. for $44 billion, using one of the biggest leveraged buyout deals in history to take private a 16-year-old social networking platform that has become a hub of public discourse and a flashpoint in the debate over online free speech. Investors will receive $54.20 […]
NEW DELHI — India’s telecoms watchdog on Monday recommended a 36% cut from its earlier proposed base price for the auction of a prime spectrum for 5G networks, signaling some relief to India’s cash-strapped telecom sector. The move comes as the Centre is gearing up for the next-generation 5G airwaves auction later this year, which […]
SAN FRANCISCO — Tesla CEO Elon Musk has acquired a 9.2% stake in Twitter, making him the largest shareholder of the microblogging platform. The world’s richest person bought nearly 73.5 million shares, according to a document filed with the US Securities and Exchange Commission (SEC). Musk’s shareholding is more than four times the 2.25% stake […]
SAN FRANCISCO — Android 12 has brought a lot of additional features and now a new report has claimed that Google is working on a way to allow users to have dual-SIM capabilities on handsets running on Android 13 with a single eSIM chip. According to GSM Arena, through a feature called Multiple Enabled Profiles […]
NEW DELHI — Meta-owned encrypted messaging service WhatsApp is reportedly working on a new feature that will allow users to share bigger-sized files and media with others over their platform. According to a WABetaInfo report, WhatsApp will soon start testing the “Media File Size” feature in Argentina which will allow users to share media files […]
KOLKATA — Telcos have warned that consumers may see a sharp slowdown in the availability of latest 5G mobile phones with the government calling for mandatory local testing and certification of such devices from January 1, 2023, before they are sold in the country. Telecom operators have also cautioned that any move to test and […]
SAN FRANCISCO — In a bid to help users discover quality apps on large screens, tech giant Google is making big changes in Play Store to enable users to discover and engage with high-quality apps and games. “We recently published our large screen app quality guidelines in addition to our core app quality guidelines to […]
SRINAGAR — Kashmir Chamber of Commerce and Industries (KCC&I) on Saturday demanded authorities that the operation of international flights be started at Srinagar international airport ahead of tourism season as well as the holy month of Ramadan. Addressing a presser here, KCC&I president, Sheikh Ashiq said that ahead of the holy month of Ramadan, the […]
SRINAGAR — The Kashmir Traders Alliance (KTA) has urged the management of J&K Bank to extend its OTS scheme to small traders as well. In a statement, President KTA, Aijaz Shahdhar said that the unprecedented atmosphere since last many years has hit the small traders as well and they deserve to take advantage of this […]