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Business
US oil prices jump after record slump
US oil prices surged Wednesday after falling below zero for the first time at the start of the week as markets drown in crude due to a coronavirus-triggered collapse in demand.US benchmark West Texas Intermediate for June delivery was…
Govt lifts curbs on exports of medicines made from Paracetamol
The government on Friday removed restrictions on exports of medicines made from Paracetamol amid the outbreak of Covid-19.However, restrictions on exports of Paracetamol active pharmaceutical ingredients (APIs or raw materials) will…
RBI allows NBFCs to extend DCCO for loans to commercial real estate by one year
The RBI on Friday allowed non-bank financial companies to extend the date for commencement of commercial operations (DCCO) for loans given to commercial real estate by additional one year without considering it as restructuring.…
RBI Governor Shaktikanta Das Announces Rs 50,000 Crore Boost For Financial Institutions
Reserve Bank of India Governor Shaktikanta Das. on Friday said that the International Monetary Fund's projection of 1.9 per cent GDP growth for India is highest among G20 nations and that the country is expected to post a sharp turnaround…
COVID-19 casts shadow on J&K’s first-ever global investors’ summit
Srinagar, Apr 15: The outbreak of deadly coronavirus in Jammu & Kashmir has cast a shadow over holding of the first-ever global investors’ summit in the Union Territory for attracting investment in different sectors.The much-talked…
Hajj & Umrah Business Industry witnesses heavy losses
Srinagar, April 12 : Hajj and Umrah business industry has been suffering heavy losses amid the lockdown to contain COVID-19.President Jammu Kashmir Association of Hajj & Umrah Companies ( JKAHUC ) in statement to Kashmir Indepth News…
Australians, New Zealanders observe Easter online and in backyards
MELBOURNE, April 12 — With the coronavirus capsizing Easter traditions, Australians and New Zealanders spent today attending church services virtually, setting up camps in backyards and where the law and weather allowed – with physically…
J&K Govt approves houseboat policy for Dal, Nigeen Lake
Jammu, Apr 8: Jammu and Kashmir Administrative Council which met here under the chairmanship of Lieutenant Governor, G C Murmu on Wednesday approved policy guidelines for registration/renewal/operation of houseboats in Dal and Nigeen Lake.…
Goldman sees recession in India as consumption takes severe hit
Singapore: India’s economy will likely contract in the first two quarters of the year as consumption plunges during a three-week lockdown to contain the coronavirus outbreak, according to Goldman Sachs Group Inc.Gross domestic product…
Rupee rises 49 paise to 75.64 against US dollar as market sentiment sees upturn
Mumbai: The Indian rupee surged by 49 paise to 75.64 (provisional) against the US dollar on Tuesday, taking cues from positive equity market sentiment.At the interbank foreign exchange, the rupee opened at 75.92 and gained further…