SBI, BoB, others hike lending rates by up to 0.1%; EMIs to go up
New Delhi: EMIs for home, car and personal loans are set to go up for existing borrowers, with State Bank of India (SBI) and other major lenders including Bank of Baroda (BoB), Axis Bank and Kotak Mahindra Bank increasing their benchmark lending rates by up to 0.10 per cent. The lending rate hike by these […]
Russian officials in talks with Indian govt, RBI to find solution on payments: Russian diplomat
Mumbai, : Welcoming India’s stance on the Ukranian crisis, a senior Russian diplomat on Tuesday said Moscow and New Delhi are attempting to find a solution on the payments front amid the sanctions imposed on Russia by western countries. The “complicated situation” created by the sanctions following the Russian invasion of Ukraine, where western countries […]
WPI inflation hits 4-month high of 14.55% in Mar as crude, commodity prices spike
New Delhi: The wholesale price-based inflation spiked to a four-month high of 14.55 per cent in March on rising prices of crude oil and other commodities due to disruption in global supply chain in the wake of the Russia-Ukraine war, a development that may prompt the RBI to raise interest rates to contain price rise. […]
India faces global challenges from position of strength: RBI article
Mumbai: Flagging risks of disruptive spillovers from geopolitical hostilities, an RBI article on Monday said India faces these challenges from a position of strength built on broadened vaccine coverage, financial sector resilience and robust exports. The article on ‘State of the Economy’, published in the April 2022 RBI Bulletin, said India enters Samvat 2079 having […]
FCIK delegation calls on MD & CEO JK Bank
Business community is our strength: Baldev Prakash
Srinagar: A delegation of Federation Chambers of Industries Kashmir (FCIK) led by its president, Shahid Kamili called on MD & CEO J&K Bank, Baldev Prakash here at Corporate Headquarters of the Bank. President Syed Rais Maqbool, Vice Presidents Syed Shujaat Andrabi and Imtiyaz Ahmad Bhat, Zonal Head Srinagar Syed Shafat Hussain and other senior officials […]
RBI looking for at least 50,000 sq ft office space in BKC, South Mumbai
Mumbai: The Reserve Bank of India (RBI) is planning to take on lease at least 50,000 square feet of office space in Bandra Kurla Complex (BKC) and South Mumbai. According to an Expression of Interest (EoI) floated by the RBI, the acquisition of office premises is proposed on a long-term lease basis for a minimum […]
Shanghai’s COVID surge stalls construction of China’s 3rd aircraft carrier
Beijing: The massive surge of COVID-19 cases in Shanghai city has hit China’s shipbuilding industry, including the launch of the third aircraft carrier scheduled for April next year. For over a fortnight, Shanghai — China’s business and industrial hub with over 26 million people — has been literally shut down with strict lockdown as the […]
Rising fuel, CNG prices: Auto, taxi, mini bus drivers in Delhi to go on strike on Monday
New Delhi: Commuters in Delhi may face problems as various unions of auto, taxi and mini bus drivers have decided to go on strike on Monday. The unions have been demanding hike in fare rates and slashing of CNG prices. While most unions said they will be on one-day strike, the Sarvodaya Driver Association Delhi, […]
VC KVIB inaugurates Skill Dev programme at Pulwama
Pulwama: The Vice Chairperson (V.C) J&K KVIB, Dr. Hina Shafi Bhat today inaugurated Skill Development programme for unemployed youth of Pulwama. Senior Officers from J&K KVIB, Officers from District Administration, and educated unemployed youth/ aspirant entrepreneurs attended the skill development programme. Acknowledging the ability of youth in catalysing the growth and development in UT of […]
DG Horticulture, VC SKUAST-K visit Zainapora Shopian
DG advises farmers to strictly adhere to management practices for control of pests
Srinagar: The Director General (DG) Horticulture, Kashmir, Ajaz Ahmad Bhat along with VC SKUAST-K today visited Zainapora Shopian. They were accompanied by Director Research SKUAST-K, Scientist form SKUAST-K, Chief Horticulture Officer Shopian and Bandipora, Farm Manager, Advanced Centre for Horticulture Development (ACHD) Zainpora and other officers of the Department of Horticulture. The team visited ACHD […]
