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Gold surges 12 pc year-to-date, outperforming major asset classes: WGC

July 3, 2024KIMS KashmirComment(0)

NEW DELHI — Exhibiting remarkable performance, gold rose by 12 per cent year-to-date, outpacing most major asset classes, the World Gold Council said in its Gold Mid-Year Outlook 2024. It noted that the surge has been driven by continued central bank buying, robust Asian investment flows, resilient consumer demand, and ongoing geopolitical uncertainties. Looking ahead, […]

Biz-Tech

Vodafone Idea to raise mobile tariff by 11-24 pc from July 4

June 28, 2024KIMS KashmirComment(0)

NEW DELHI — Loss-making telecom operator Vodafone Idea will raise mobile tariffs across the board by 11-24 per cent from July 4, according to a company statement. Vodafone Idea (Vi) follows the tariff hike stage set by Reliance Jio on Thursday. Reliance Jio and Bharti Airtel will roll out increased mobile service rates from July […]

Biz-Tech

Bharti Airtel announces 10-21 pc hike in mobile tariffs from July 3

June 28, 2024KIMS KashmirComment(0)

NEW DELHI — Bharti Airtel on Friday announced between 10-21 per cent hike in mobile tariffs, a day after larger rival Reliance Jio announced an increase in rates. Airtel, in a release, said that the revision in mobile tariffs will be effective from July 3. “We have ensured that there is a very modest price […]

Biz-Tech

Jio to raise mobile services rates by 12-27 pc from July 3

June 27, 2024KIMS KashmirComment(0)

NEW DELHI — The country’s top telecom operator Jio will increase mobile services rates by 12-27 per cent from July 3, according to a company statement. This is the first hike in mobile services rates by Jio after a gap of about two-and-a-half years. “The introduction of new plans is a step in the direction […]

Biz-Tech

WhatsApp exports your user data every night: Elon Musk

May 25, 2024KIMS KashmirComment(0)

NEW DELHI — Tesla and SpaceX CEO Elon Musk on Saturday slammed Meta-owned WhatsApp for allegedly exporting users’ data every night. An X user posted that WhatsApp exports user data nightly, which is “analysed and used for targeted advertising, making users the product, not the customer”. Musk replied that “WhatsApp exports your user data every […]

Biz-Tech

X platform now has 600 million monthly active users: Elon Musk

May 24, 2024KIMS KashmirComment(0)

NEW DELHI — Tesla CEO Elon Musk on Friday said that his X social media platform has reached 600 million monthly active users (MAUs). Musk, who acquired the platform in 2022 for $44 billion, is making it an “everything app” where people can post movies and TV shows and also make digital payments. “X has […]

Biz-Tech

Paytm app will keep working beyond Feb 29: Vijay Shekhar Sharma

February 2, 2024KIMS KashmirComment(0)

NEW DELHI — Paytm’s associate Bank recently received the Reserve Bank of India’s (RBI) directions in response to which Paytm’s Founder and CEO Vijay Shekhar Sharma assured users that Paytm app will continue to work beyond February 29. In a tweet, Vijay Shekhar Sharma said: “To every Paytmer, Your favourite app is working, will keep […]

Biz-Tech

RBI asks Paytm Payments Bank to stop almost all services after Feb 29

February 1, 2024KIMS KashmirComment(0)

MUMBAI — In a major action against Paytm Payments Bank (PPBL), the Reserve Bank on Wednesday directed the lender to stop accepting deposits or top-ups in any customer accounts, wallets, FASTTags and other instruments after February 29. However, any interest, cashbacks, or refunds may be credited back to customers anytime. The direction follows persistent non-compliances […]

Biz-Tech

Neuralink implants brain chip in first human: Elon Musk

January 30, 2024KIMS KashmirComment(0)

SAN FRANCISCO — Elon Musk, Neuralink’s billionaire founder, said the first human received an implant from the brain-chip startup on Sunday and is recovering well, in a post on Twitter/X on Monday. The US Food and Drug Administration (FDA) had given the company clearance last year to conduct its first trial to test its implant […]

Biz-Tech

Airtel, Jio may soon withdraw unlimited 5G data plan, charge up to 10% more: Report

January 13, 2024KIMS KashmirComment(0)

NEW DELHI — Reliance Jio and Bharti Airtel might discontinue their unlimited 5G data plans for premium customers soon, media reports said on Saturday. As per the analysts, the companies will likely charge at least 5-10 per cent more for 5G services compared to 4G, starting from the second half of 2024, Economic Times reported. […]

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July 31, 2026KIMS Kashmir

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July 31, 2026KIMS Kashmir

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