Diesel price hiked again; wipes out Rs 2.5/litre cut


  Diesel price rose for the 10th consecutive day Monday to wipe out all of the Rs 2.50 per litre cut in rates announced earlier this month through excise duty cut and oil company subsidy. The government had, with effect from October 5, cut excise duty on petrol and diesel by Rs 1.50 per litre and asked state-owned oil firms ...

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Rupee’s slide is stinging Indian firms with unhedged foreign debt.


MUMBAI,OCT 09:India Inc. overall is better off than several years ago, after more companies with foreign currency debt bought protection against rupee declines, which otherwise would push up the cost to service those obligations. The rupee’s freefall is hurting the minority of Indian firms that haven’t hedged their overseas borrowings.India Inc. overall is better off than several years ago, after ...

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JK Bank promotes 1026 Banking Associates to officers’ cadre


Srinagar: J&K Bank has promoted1026 Banking Associates to Associate Executive (Scale I) cadre yesterday. A few months back, the Banking Associates were screened through the bank’s given career progression route and were found eligible for promotion to Associate Executive level. While commenting on the promotions, the Chairman & CEO Parvez Ahmed, said, “During the last two years, we have seen ...

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Increase banking outreach in far-flung areas: Governor to J&K Bank chairman.


SRINAGAR,OCT06:Chairman and CEO of J&K Bank, Parvez Ahmad, called on Governor Satya Pal Malik at the Raj Bhawan here on Friday. According to an official spokesperson, the chairman informed the governor about the steps taken by the bank for socio economic development of the state by improving the credit penetration in the productive sectors of economy. An ambitious expansion plan, ...

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Microsoft Windows 10 October 2018 update has a nasty surprise for users.


OCT,06:Planning to install the new Windows update on your PC? Back up your content. You may want to postpone downloading and installing Microsoft’s latest Windows 10 October 2018 update. A number of users have complained that the latest update has wiped out backed up content including files, music and photos on their Windows 10 devices.According to MSPoweruser, the problem seems ...

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Samsung launches Galaxy A7+ in Srinagar.


Srinagar,oct 05:The Galaxy A7+ range would be priced between INR- 23,990 (4GB/64GB variant) and INR- 28,990 (6GB/128 GB variant). Samsung on Thursday launched its first triple camera smart phone, Galaxy A7+ in Srinagar. The phone was launched by Managing Director, IA Multi Ventures Pvt Ltd, Irfan Ahmad Guju in presence of all major partners of Kashmir and Samsung officials Hanief ...

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Sensex plummets over 800 points on sinking rupee, weak global cues


MUMBAI ,OCT 04:Top laggards include Reliance Industries, Hero MotoCorp, TCS, IndusInd Bank, Adani Ports, HDFC Bank, Infosys, HUL, Asian Paints, HDFC and Bajaj Auto, falling up to 6 per cent. The BSE benchmark Sensex plummeted over 800 points in afternoon session Thursday as rupee sank to another low amid boiling crude prices, weak global cues.The rupee plunged to a new ...

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Thousands attend Shujaat Bukhari’s funeral in north Kashmir


Srinagar, June 15: Thousands of mourners on Friday attended the funeral of senior journalist and Editor-in-Chief of English daily “Rising Kashmir” Shujaat Bukhari at his ancestral hometown of Kreeri in north Kashmir’s Baramulla district. Former Chief Minister Omar Abdullah, state Public Works Minister Naeem Akhtar, senior Congress leader Saifuddin Soz, local journalists and other members from all sections of the society ...

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