Ruckus in J&K Assembly over special status resolution, BJP MLAs marshalled out

Srinagar: A brawl broke out between BJP MLAs and marshals of the Jammu and Kashmir Assembly on Thursday after the speaker directed eviction of opposition members who had stormed the well during their protest against the special status resolution. At least three MLAs were marshalled out on the directions of Speaker Abdul Rahim Rather, but […]

Rupee rises 5 paise to 84.26 against US dollar in early trade

Mumbai: The rupee recovered from its all-time low level and witnessed a range-bound trade against the US dollar in early hours on Thursday, as investors remained cautious ahead of the US Fed meeting outcome later this week. Forex traders said RBI interventions will keep the USD/INR pair between 83.80 and 84.35. Moreover, the US Federal […]

JK Lakshmi Cement reports loss of Rs 19.24 cr in Q2, revenue down 2.2 pc

New Delhi: JK Lakshmi Cement has reported a consolidated net loss of Rs 19.24 crore for the second quarter ended September 30, 2024 on account of drop in sales realisation. The company had posted a profit of Rs 95.87 crore in the July-September period a year ago, according to a regulatory filing from JK Lakshmi […]

Markets fall in early trade after two days of rally

Mumbai: Benchmark equity indices Sensex and Nifty fell in early trade on Thursday after two days of rally as investors remained on the sidelines ahead of the US Federal Reserve interest rate decision. Market analysts said unabated foreign fund outflows and mixed global cues further dented investor sentiments. The BSE Sensex declined 237.93 points to […]

Bharti Telecom buys Airtel stocks worth Rs 11,700 crore from Bharti family investment firm

New Delhi: Bharti Airtel’s promoter Bharti Telecom has purchased around 1.2 per cent shares of the company from the Bharti family’s investment firm Indian Continent Investment Limited, a regulatory filing said on Wednesday. The filing did not disclose the monetary value of the transaction. However, the stake is estimated to be valued at Rs 11,680 […]

Trai’s satcom paper seems to have sidestepped level playing field: former SC Judge to Jio

New Delhi: Telecom regulator Trai’s consultation paper on spectrum allocation for satellite communications seems to have completely sidestepped the issue of level playing field with ground-based telecom networks, a former Supreme Court Judge said in response to a legal opinion sought by Reliance Jio Reliance Jio is learnt to have submitted the legal opinion received […]

Amit Shah hails Cabinet nod to equity infusion in FCI, ‘PM Vidyalakshmi’ scheme

New Delhi: Union Home Minister Amit Shah on Wednesday hailed the Union Cabinet’s approval for the infusion of Rs 10,700 crore as equity in the state-owned Food Corporation of India (FCI) for working capital requirement. He said the move would make the PSU more capable of procuring and storing food grains, giving farmers better opportunities […]

India-US relations will be on a very firm footing with Trump’s victory: Scindia

New Delhi: India and US relationship will be on “a very firm footing” with Donald Trump returning to the White House, as the cooperation between the two nations extends from environment to technology, space and defence, Union Minister Jyotiraditya Scindia said Wednesday. As a candidate, Trump had spoken of revamping US foreign policy, focusing on […]

Labour ministry revamps Shram Suvidha, Samadhan portals

New Delhi: Labour & Employment Minister Mansukh Mandaviya on Wednesday said that revamping of Shram Suvidha and Samadhan portals will also ensure better service delivery and protection for workers, who are central to India’s workforce. “Mandaviya chaired a review meeting on revamping of Shram Suvidha and Samadhan portals in New Delhi today”, a labour ministry […]