Royal Enfield Classic 350 BS 6 launched, priced at ₹1.57 lakh
Royal Enfield has launched the updated Classic 350 BS 6 in the Indian market. In the single-channel ABS configuration the bike has been priced at ₹1.57 lakh (ex-showroom Delhi). At this price, the motorcycle stands ₹11,000 costlier than the previous BS 4 model it replaces. It is now the most affordable motorcycle present in the manufacturer’s Classic […]
Slowdown Blues: Fitch cuts India’s FY20 GDP forecast to 4.9%
New Delhi : Fitch Ratings on Monday cut its forecast for India”s economic growth to 4.9 per cent in the current fiscal on weak domestic demand and supply chain disruptions due to the coronavirus outbreak. The GDP growth is forecast to recover slightly to 5.4 per cent in 2020-21 (April 2020 to March 2021), it […]
Oil prices fall as coronavirus spreads outside China with death toll at 2,900
With the viral outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further. That has sent shares tumbling for oil giants like Exxon and Chevron while smaller producers with idling rigs continue to slash jobs. Hundreds of new cases of the virus that causes the COVID-19 disease […]
DCC could not come to a decision on providing relief to telcos: Sources
The meeting of Digital Communications Commission (DCC), the interministerial decision-making panel of DoT, on Friday could not come to a decision on providing relief to the telecom sector, reports stated. No decision has been taken on any relief, sources said, adding, the department needs more data, and that there will be more meetings and reconciliation […]
Global stock losses hit $6 trillion as coronavirus fear spreads
Global stocks have lost at least $6 trillion in market value since Jan. 20 when the coronavirus outbreak first started becoming a concern for investors. The decline accelerated this week as the spread of cases outside of China picked up pace, sparking a worldwide sell-off that led to six straight sessions of losses for stocks […]
Kashmir’s Business Community Sends Out SOS on ‘Sea of Debt and Destruction’
Srinagar: Kashmir’s business community including traders, hoteliers, silk producers, artisans, fruit associations and other trade and commerce bodies have sent out an SOS in a full-page ad published on Wednesday in several local dailies. The SOS message emphasises that the “ill-fated trade, tourism, horticulture, agriculture, handicrafts, commerce and industrial community of Kashmiris is in the middle […]
Hyundai releases interior image of India-bound i20, festive season launch likely
Ahead of its global unveiling at the Geneva Motor Show which begins from March 5, Hyundai Motor has revealed more details about the India-bound i20 premium hatchback. A new photo reveals two large digital screens, new colour scheme, ambient lighting technology and striking horizontal blades stretching across the whole front interior. The cockpit of the all-new […]
Internet ban hits e-payments, traders prefer to accept cash
The Internet ban has badly affected e-payments in Jammu and Kashmir since August 5 last year. The restoration of 2G Internet services has also failed to encourage card payments in the Union Territory. Despite restoration of the 2G Internet for the white-listed websites, particularly for banking sites, traders avoid receiving payments through PoS (point of […]
Honda Activa 6G, road test review: Keeping up with modern times?
Ruling like a regal monarch in a hotly contested two-wheeler segment in India requires a whole lot of poise and character. And the Activa from Honda has had ample doses of both. Since its launch about 20 years ago, the enormously popular scooter has been a firm favourite and in its latest version, is determined […]
Coronavirus in China to make drugs expensive in India
New Delhi: The prices of generic drugs in India are likely to go up due to the country”s excessive dependence on the imports of active ingredients from China, which has been hit by the novel coronavirus epidemic. While noting that Indian imports are highly dependent on China, the Confederation of Indian Industry (CII) in its […]