Amazon gears up for quick commerce entry in India, eyes 2025 rollout
Amazon is preparing to launch its quick commerce offering in India, targeting the first quarter of 2025 for a potential rollout, according to sources cited by The Economic Times. This move marks a strategic shift for the US-based e-commerce giant as it seeks to capture a share of the rapidly expanding segment, which rival Flipkart recently […]
Gold Prices Continue to Fall, Drop by Rs 5,000 in Three Days
Gold prices continued to fall for the third day and tumbled Rs 1,000 to Rs 70,650 per 10 grams in the local market here on Thursday amid heavy selling by jewellers, triggered by a fall in rates in overseas markets. According to the All India Sarafa Association, the yellow metal prices had closed at Rs […]
UPI transactions in June witness marginal dip of 1% in volume, 2% in value
In the month of June, the Unified Payment Interface (UPI) transactions saw a marginal dip of 1 per cent in volume and 2 per cent in value. According to the data shared by the National Payments Corporation of India (NPCI) on Monday, in June 2024, UPI volume was seen at 13.89 billion and valued at […]
Petrol, diesel prices cut by Rs 2 each, effective Friday
New Delhi: Petrol and diesel prices were cut by Rs 2 per litre each as state-owned oil companies ended a nearly two-year-long hiatus in rate revision, just hours before the general election schedule was announced. The revised price will be applicable from 6 am on Friday, March 15, the oil ministry said on Thursday evening. […]
BackBack Gold price dips for second straight week on higher US Fed rate buzz
Gold rate today: On account of the higher-than-expected US CPI data, gold price in the international market touched a two-month low of around $1,992 per ounce level. However, the yellow metal witnessed some value buying in the international market, which enabled the precious bullion metal to regain some of its lost ground in the last […]
Air India cancels Tel Aviv flights till Oct 14
New Delhi: Air India has cancelled its flights to and from Tel Aviv till October 14, and around 14 airline staff have returned from the Israeli city. Israel came under attack by Hamas militants on Saturday and since then, both sides are engaged in fighting in which scores of people have died. An Air India […]
Adani Ports and Special Economic Zone to buy back another $195 million of bonds
Adani Ports and Special Economic Zone (APSEZ) on Monday said that it will prepay $195 million of bonds as the conglomerate shakes off the allegations made by a US short-seller in January. APSEZ said in a regulatory filing that it will buy back (prepay) the bonds due in July 2024 using its cash reserves. APSEZ […]
Kashmir Willow Wicker Gaining Popularity After Adopting Modern Designs
SRINAGAR, Aug 16: For the first time in decades Kashmir-made willow wicker items are gaining popularity all across the world after adopting new look and modern designs. 58-year-old Bashir Ahmad Dar, who is running “Shaaksaz Willow Wicker Craft Producer Company limited” at Peerpora in central Kashmir’s Ganderbal District started in 2020, claimed that wicker willow […]
‘50% fin assistance to firms for setting up semiconductor manufacturing facility’
Gandhinagar: Technology firms will be given 50 per cent financial assistance for setting up semiconductor manufacturing facility the country, Prime Minister Narendra Modi said on Friday, as he announced that his government has rolled out the red carpet for semiconductor industries. Speaking after inaugurating Semicon India 2023 conference in Gandhinagar, Modi said India is establishing […]
J&K registers record breaking GST Revenue Growth in June 2023
SRINAGAR, JULY 01: “The GST revenue collected in the month of June 2023 in J&K has registered substantial growth of 58 percent compared to June of previous financial year”, stated Union Ministry of Finance here today. This growth percentage is more than three times the National Average and the best in Country among medium and […]
