US private sector adds 234,000 jobs in January

US private sector adds 234,000 jobs in January

The US private sector added more jobs than expected in January, signaling a robust start to the year in hiring, according to data released by the ADP Research Institute on Wednesday. Payrolls at non-farm private companies increased by 234,000 in January, beating market expectations. Small private-sector businesses added 58,000 jobs in January, medium-sized businesses added […]

Mobile ad sales push Facebook revenue to $12.97 bn

Mobile ad sales push Facebook revenue to $12.97 bn

Buoyed by mobile ads sales, Facebook reported $12.97 billion in revenue for the fourth quarter that ended December 31 — up 47 per cent from $8.81 billion in the same period last year. Mobile advertising revenue represented approximately 89 per cent of revenue for the fourth quarter — up from nearly 84 per cent of […]

Clouds, rain improve J&K temperatures

Clouds, rain improve J&K temperatures

Respite from cold wave conditions continued across Jammu and Kashmir on Thursday as overnight rains helped to raise the minimum temperatures further. “There has been remarkable improvement in minimum temperatures across the state due to cloud cover and rain. Temperatures in the Ladakh region have also improved,” a Met official said. The minimum temperature was […]

US dollar falls as Fed keeps rates unchanged

US dollar falls as Fed keeps rates unchanged

The US dollar decreased against most other major currencies on Wednesday as the Federal Reserve left its benchmark interest rates unchanged. The US central bank on Wednesday decided to maintain the target range for the federal funds rate at 1.25 to 1.5 percent after the conclusion of its two-day meeting, while giving an upbeat assessment […]

Equity indices open higher ahead of Budget announcement

Equity indices open higher ahead of Budget announcement

The key Indian equity indices on Thursday opened higher ahead of the Union Budget 2018-19 presentation by Finance Minister Arun Jaitley in the Parliament. The 30-scrip Sensitive Index (Sensex), was trading 157.21 points or 0.44 per cent higher soon after opening. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 46.25 […]

Rajasthan bypolls: Congress leads in Ajmer, Alwar

Rajasthan bypolls: Congress leads in Ajmer, Alwar

The counting of votes for the Rajasthan bypolls that were held on Monday in two Lok Sabha and one assembly constituencies, began at 8 a.m. on Thursday. Congress was leading in Ajmer and Alwar in the first round of counting, while BJP was leading in Mandalgarh, a poll official said. In Alwar, Jaswant Singh Yadav […]

3 dead after chopper crashes into California house

3 dead after chopper crashes into California house

At least three people were killed and two others injured when a helicopter crashed on Tuesday into a house in California, US. “Five persons involved, 4 in helicopter and one bystander on the ground. Confirmed 3 fatalities,” Newport Beach Police tweeted. “Nobody was inside the home where the chopper went down.” The four-seat Robinson 44 […]

Samsung reaps $39.30 bn net profit in 2017

Samsung reaps $39.30 bn net profit in 2017

South Korean technology giant Samsung Electronics achieved a net profit of $39.30 billion, 85.6 per cent more than in 2016 thanks to the boom in the memory chip industry. The company also earned a gross operating profit of 56.2 trillion won, 83 per cent higher than the previous year, the company said in a statement […]

Misty Wednesday morning in Delhi, 22 trains cancelled

Misty Wednesday morning in Delhi, 22 trains cancelled

It was a misty Wednesday morning here with the minimum temperature recorded at 9.9 degrees Celsius, one notch above the season’s average, the Met Office said. At least 22 trains were cancelled, 32 delayed and two rescheduled, due to fog in several parts of northern India, the official said. “There was a moderate mist in […]

Facebook bans cryptocurrency ads on its platforms

Facebook bans cryptocurrency ads on its platforms

Facebook has banned ads that promote initial coin offerings (ICOs), cryptocurrency like Bitcoin and binary options trading from its platforms, including Instagram, Audience Network and Messenger. The new policy prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, Facebook said in a statement late on Tuesday. […]