
Over 1,600 km roads built in Ladakh since UT status in 2019: Govt tells Lok Sabha
In a written reply, Minister of State for Home Affairs Nityanand Rai said that the Union Territory of Ladakh is now well equipped with snow-clearance machinery to ensure road connectivity during heavy snowfall. Helipads have also been constructed at various locations to improve overall connectivity.
Productivity Tool
Zero to Hero in Microsoft Excel: Complete Excel guide
By Metla Sudha Sekhar
View Program
Finance
Introduction to Technical Analysis & Candlestick Theory
By Dinesh Nagpal
View Program
Finance
Financial Literacy i e Lets Crack the Billionaire Code
By CA Rahul Gupta
View Program
Digital Marketing
Digital Marketing Masterclass by Neil Patel
By Neil Patel
View Program
Finance
Technical Analysis Demystified- A Complete Guide to Trading
By Kunal Patel
View Program
Productivity Tool
Excel Essentials to Expert: Your Complete Guide
By Study at home
View Program
Artificial Intelligence
AI For Business Professionals Batch 2
By Ansh Mehra
View Program
Rai said there has been a significant improvement in road infrastructure in Ladakh following its reorganisation.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
If you have a mouse, play this game for 1 minute
Navy Quest
Undo
"As per information provided by the UT of Ladakh, under various schemes of the Central Government-including the Central Road Infrastructure Fund (CRIF),
Pradhan Mantri Gram Sadak Yojana
(PMGSY), and UT-administered schemes-approximately 1,670 kilometres of additional roads have been constructed, blacktopped, or metalled since the formation of the Union Territory in 2019," he said.
The Minister added that improved road connectivity, along with other initiatives, has played a key role in boosting the region's tourism sector.
Live Events
"The roads have reduced travel time, ensured safe and efficient year-round access, opened up new tourist destinations, promoted winter tourism, and attracted adventure enthusiasts to the region," Rai said.
According to data shared by the Ladakh administration, the region witnessed 2,79,937 tourist arrivals in 2019. Following its UT formation, the numbers rose to 5,31,396 in 2022, 5,25,374 in 2023, and 3,76,386 in 2024.
Ladakh was carved out as a separate Union Territory from the erstwhile state of Jammu and Kashmir following the abrogation of Article 370 on August 5, 2019. Jammu and Kashmir was also reorganised as a UT on the same day.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


New Indian Express
28 minutes ago
- New Indian Express
'Economic blackmail': Rahul Gandhi slams Trump's 50 per cent tariff on India
NEW DELHI: Leader of Opposition in Lok Sabha Rahul Gandhi on Wednesday said US President Donald Trump's 50 per cent tariff on Indian goods is "economic blackmail" to bully India into an unfair trade deal. Soon after Trump announced a penalty of another 25 per cent on India for buying Russian oil, the former Congress president said Prime Minister Narendra Modi should not let Indian interests be overridden. "Trump's 50% tariff is economic blackmail - an attempt to bully India into an unfair trade deal. "PM Modi better not let his weakness override the interests of the Indian people," Gandhi said in a post on X.


Time of India
31 minutes ago
- Time of India
'No order to stop buying Russian oil'
US President Donald Trump 's announcement of an additional levy of 25% tariffs on India may further complicate the crude oil import and refined fuel export situation for private refiners, including Reliance Industries and Nayara Energy. Officials said, though, thus far, there is no directive from the government to stop buying Russian crude, new export markets will have to be determined to place refined fuel products. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program "Reliance is only affected by the overall EU sanctions mechanism, and this may impact their margins going forward. But for Nayara, the situation may aggravate further as the exports of refined fuels will suffer, impacting Nayara's refinery throughput further," said an industry official. According to sources, Nayara Energy Ltd has already reduced run rates at its refinery, currently operating it at about 80%. Nayara exports 30% of its refined fuel to other nations. Brent crude futures were down 35 cents, to $67.29 a barrel on Wednesday, while US West Texas Intermediate (WTI) crude fell 41 cents, to $64.75. Both companies will have to scout for alternative sources for crude supplies. On August 2, ET reported that Nayara Energy has reached out to Indian state-run refiners and marketers, offering its export volumes of petrol and diesel to these companies. But there is only a limited quantity that the state-run refiners can lift. Nayara Energy runs India's second-largest single-location refinery in Vadinar, Gujarat, with a capacity of 20 million tonnes per annum. Live Events Nayara Energy delivers approximately 8% of India's refining output and is currently expanding capacity in the petrochemical and alternative energy sectors. The company, which has 6,300 retail outlets now, had plans to expand the network by over 50% by 2030. The EU member states on July 18 introduced sanctions against Russia, in a bid to target the oil and energy sector revenues.


Time of India
42 minutes ago
- Time of India
BitMine Immersion Technologies (BMNR) explodes 14% in a day, up 167% this month—will its massive Ethereum bet push the crypto stock past $50 next?
BitMine Immersion Technologies Inc. (NYSE American: BMNR) continued its recent momentum on Wednesday, closing up 13.45% at $37.78 , a gain of $4.48 in a single trading session. This move follows weeks of intense volatility driven by the company's aggressive Ethereum accumulation strategy and renewed retail and institutional interest in crypto-linked equities. The key catalyst behind BMNR's latest move is its continued commitment to Ethereum. Over the last month, BitMine raised $250 million in private funding to build up one of the largest ETH treasuries held by a public company. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program With a growing ETH treasury, a rapidly expanding market cap, and a long list of high-profile backers, BMNR is increasingly being seen as one of the market's most speculative but potentially explosive crypto-adjacent stocks. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Belly Fat Removal Without Surgery in Algeria: The Price Might Surprise You Belly Fat Removal | Search Ads Get Info Undo How has BMNR stock performed in the past month? 1-week gain : +21.2% 1-month gain : +167% 52-week range : $1.00 – $161.00 Recent high : $97 (July 2025 intraday peak) Volume (August 6) : Over 35.3 million shares traded Since announcing its $250 million private placement to build a treasury of Ethereum, BMNR has moved from under $5 (pre-reverse split) to nearly $100, before settling near the $35–40 range this week. What is the size of BitMine's Ethereum treasury? BitMine has reportedly acquired over 833,000 ETH, which at current market prices (~$3,500 per ETH) values the company's Ethereum holdings at approximately $2.91 billion. This positions BMNR as one of the largest Ethereum-holding public companies, placing it in similar territory as corporate crypto-holders like MicroStrategy (Bitcoin) and Hive Digital (mixed assets). Live Events What are analysts and technical indicators saying about BMNR? While BMNR does not yet have coverage from major Wall Street analysts, some retail-focused platforms and chart analysts have made bullish short-term predictions based on momentum and treasury size. Technical indicators: Relative Strength Index (RSI) : Currently around 62 , indicating near overbought territory. MACD : Still in bullish crossover, suggesting positive momentum. 200-day moving average : ~$12.50 (far below current levels) Short interest : Elevated, but not extreme — potential for short squeezes remains. Forecast: Support zone : $31.70–$33.10 Resistance zone : $42.00–$45.00 3-month forecast range : $45 to $247 , depending on market volatility and ETH price 'BMNR is a speculative play, but if Ethereum continues to rise, a move toward $50 or even $75 in the next 4–6 weeks isn't off the table,' said one technical analyst on Reddit's r/stocks forum. How dependent is BMNR's stock on Ethereum price? Extremely. BMNR's value now closely tracks Ethereum price movements, given the massive ETH holdings on its balance sheet. If ETH rises to $4,000 , BMNR's treasury could exceed $3.3 billion , potentially pushing the stock above $50 . If ETH drops below $3,000 , the company's valuation could contract sharply — possibly returning the stock to the $20s . The correlation makes BMNR a high-risk proxy for Ethereum performance, especially attractive to traders wanting crypto exposure via equities. What do the financials and fundamentals say about BMNR? Despite its growing popularity, BitMine Immersion is still a pre-profit company . Based on public data from StockAnalysis, it reported just $5.45 million in revenue over the past 12 months and posted a net loss of about $6.5 million . Its EPS (earnings per share) stands at –$2.89, and it does not yet have a P/E ratio due to negative earnings. This makes BMNR a high-risk, high-reward stock driven more by sentiment, crypto market trends, and its strategic narrative than by strong fundamentals—at least for now. Still, the market cap hovers around $3.5–$4.3 billion, which is largely based on the value of its ETH holdings and future growth potential. What should investors expect next from BMNR? Short-Term Catalysts to Watch: Additional ETH purchases or staking rewards announcements Q2 earnings report (tentative: late August 2025) Any new partnership or institutional investment news Ethereum price volatility Risk Factors: BMNR is still a pre-profit company with $5.45M TTM revenue and –$6.5M net loss Massive volatility and past pump-and-dump behavior Lack of long-term operational track record or profitability Prediction: Could BMNR hit $50 soon? If Ethereum breaks $3,800–$4,000 and BMNR announces a staking revenue stream or expands its treasury, it's very possible the stock reclaims $50+ within the next 2–4 weeks. However, that would likely depend on: Continued risk-on sentiment in crypto Strong trading volumes staying consistent No dilution or negative earnings surprises A bearish ETH move could quickly send BMNR back to the $25–30 range. BitMine Immersion Technologies (BMNR) is turning heads with its Ethereum-first strategy, rapidly growing market cap, and strong momentum. But this is not a fundamentals-led trade—it's a bet on ETH, sentiment, and smart positioning. For now, the stock has the attention of both Wall Street and crypto bulls alike. Whether that continues depends heavily on ETH's path—and how well BitMine plays its cards in the weeks ahead. FAQs: What is BitMine Immersion Technologies' (BMNR) latest stock move? BMNR jumped 14% in a day , driven by its Ethereum holdings strategy. Can BMNR stock hit $50 soon? If momentum and Ethereum prices rise, BMNR could test the $50 level shortly.