Business & Economy

J&K Bank conducts Financial Literacy Camp in Bishnah

Jammu: J&K Bank conducted a Financial Literacy Camp in Bishnah, Jammu to educate the people of the area regarding the various banking services and digital products offered by the bank. The camp was organized by the bank’s Business Unit Bishnah in coordination with the Business Acquisition and Digital Strategy Team, and Marketing Department of Zonal


Dir FCS&CA reviews stock, supply position of essentials in Valley

SRINAGAR: Director Food, Civil Supplies and Consumer Affairs Kashmir, Bashir Ahmad Khan, today convened a meeting to review the stock and supply position of food grans, distribution of k-oil and other essentials in the Valley. Joint Director Administration, Deputy Director Supplies Kashmir and representatives of various oil companies attended the meeting. The meeting was informed

3B Traders holds product presentation in Srinagar

Srinagar:3B Traders Exchange road Srinagar organised a product presentation event in association with A&S Creation Delhi in Kongposh Restaurant I.G Road. A&S Creations a Delhi based company is India’s leading importer of many renowned International brands such as Garmin GPS and Action Cameras , Celestron/Hawke/Swarovski. Products that were showcased include Binoculars and Telecopes, Lifestraw Water

‘Murder of God’ is a must watch for the society

A lot of movies are being made with messages to the audience in order to bring a change in society. Although stage-play has taken a hold of this agenda a long time back one of its latest edition where a theatrical drama called ‘Murder of God’ was performed in Andheri on Sunday. ‘Murder of God’


Navin Choudhary inaugurates 77th Branch of HDFC Bank in J&K

  Jammu:  HDFC Bank continuing its growth story in J&K today launched 77th branch at Kachi Chawni, Jammu. The branch was inaugurated by Mr Navin Kumar Choudhary, Principal Secretary to Government, Finance Department in presence of Zubair Iqbal, Senior Vice President, Sachin Mahajan, Vice President, Parvinder Singh Sudan,Deputy Vice President, HDFC Bank, Senior Officers of

Rupee plunges 55 paise against US dollar, new low of 74.13

Srinagar: The  Rupee on Friday crashed below the 74-level against the US dollar for the first time ever after the Reserve Bank kept its key policy rate unchanged reported Business Today . The domestic currency was quoted 55 paise lower at 74.13 against the dollar soon after the RBI announced its monetary policy. Investors remained concerned

For phones search engine giant to provide new interface for ‘Google Assistant’

Srinagar: Revamping its “Assistant” virtual helper Google is set to provide with a new interface on Android devices with bigger visuals, new control options and interactive messaging along with other new features and would provide developers and brands new tools to utilise touchscreen within “Assistant” itself, Bussiness Standard reported. “The new design combines the best


Shahid Iqbal Choudhary assumes charge as DDC Bandipora

  By: Nasir Khuehami     Bandipora: Dr Shahid iqbal Choudhary on Thursday assumed Charge of Deputy Commissioner Bandipora. After assuming the Charge, choudhary said that Bandipora has a glorious past and is known for its etiquette, knowledge and literature. He said a strong team work and peoples’ cooperation need to be developed to achieve

Advisor Vyas orders extension of GST amnesty scheme by 30 days

SRINAGAR, JULY 12: Much to the relief of businessmen, traders and industrialists of the state, Advisor to Governor B. B. Vyas today ordered extension of GST amnesty scheme by 30 days. The decision was taken by the Advisor during a meeting with the representatives of the Kashmir Chamber of Commerce and Industry (KCCI).  The trade


Plum is getting ready to be in market, harvesting begins

Imtiyaz Pandow Budgam:The time to harvest the Plum has arrived and the orchards of Budgam nowadays wear a festive look. The produce is ready to be sold, some sold in advance and is getting ready for transporting to cold storage adding shelf life. Even though Plums are cultivated in every district of Kashmir but orchards

Scores-of-Sarva-Shiksha-Abhiyan-SSA-teachers-held-a-protest-demonstration-on-Monday-here-against-the-alleged-irregularities-in-their-salaries. Pic by Zargar Zahoor

Salary issue of SSA teachers under active consideration: Govt

SRINAGAR, JUNE 27: The Government today said the salary related issues of SSA teachers are under active consideration. This information was given at a meeting convened here today by the Advisor to the Governor, B B Vyas to review the liquidity position and fund requirement of various departments. Principal Secretary, Finance, Navin KChoudhary and other senior

281906 tourist footfall upto May 2018: Govt

SRINAGAR, JUNE 26: Advisor to Governor, K Vijay Kumar today chaired a maiden meeting of Tourism department to review its functioning and progress made on various developmental projects under various state and central sponsored schemes. Secretary Tourism Rigzin Samphel, Director Tourism Kashmir Mahmood A Shah, Director Tourism Jammu, Smita Sethi and other senior officials of


J&K Bank inaugurates new premises of Navin Shahdara in Delhi

  Srinagar, Jun 25: Jammu and Kashmir Bank today threw open the new premises of its Business Unit Navin Shahdara in East Delhi for public amid a large gathering of valuable clients, businessmen, and local residents. The bank’s Executive President Pushap Kumar Tickoo inaugurated the newly renovated and refurbished premises of B/U Navin Shahdara and ATM


J&K Bank gives warm send-off to its Executive President

Srinagar, Jun 1: J&K Bank gave a warm send off to its Executive President Vagesh Chander, who attained superannuation after serving the bank for over three decades at various key positions. Chairman and CEO Parvez Ahmed along with Executive Presidents Pushap Kumar Tickoo, Rajesh Kumar Chibber, Presidents, Vice-presidents and other senior officers attended the farewell held

Fuel prices can be slashed by Rs 25: Chidambaram

New Delhi: Disparaged over government of India decision to hike fuel prices Congress leader and former Union Finance Minister P. Chidambaram on Wednesday claimed that the rate can be reduced by Rs 25 per litre but the government is not doing it. “It is possible to cut upto Rs 25 per litre, but the government


India has the slowest 4G speed in the world: OpenSignal

NEW DELHI: The average network speed in India for the 4G services remains the slowest across countries lagging even Pakistan, Algeria, Kazakhstan and Tunisia, Times of India reported. The results have come to fore after OpenSignal, mobile analytics company, prepared the list of countries providing internet services. The list prepared claims that the 4G download

Budget 2018: Imported cars, juices, mobiles, gold, silver to be costlier

New Delhi: A large number of imported items including mobile handsets, cars and motorcycles, fruit juices, perfumes and footwear will become costlier as the Finance Minister Arun Jaitley Thursday hiked customs duties on these products in the Union Budget 2018-19. However, select items such as imported raw cashew nuts, solar tempered glass and raw materials

Govt warns against investing in bitcoins

New Delhi: The government on Friday warned people against investing in virtual currencies, including Bitcoins, saying there were like ponzi schemes. “There has been a phenomenal increase in the recent times in the price of virtual currencies including Bitcoins in India and globally. The VCs do not have any intrinsic value and are not backed

Indian airlines to induct over 900 planes by 2025

New Delhi: Indian airlines are likely to induct more than 900 aircraft in the coming years, with IndiGo alone expected to add 448 planes, according to official data. India is one of the fastest growing aviation markets in the world and most airlines have ambitious expansion plans, especially to tap the potential on regional routes.

PSU banks’ NPAs hit Rs 7.34 lakh crore at quater-end

  Srinagar: Bad loans of public sector banks stood at Rs 7.34 lakh crore by the end of second quarter this fiscal, a bulk of which came from corporate defaulters, according to Reserve Bank data. However, on the other hand private sector bank’s non- performing assets were considerably low at Rs 1.03 lakh crore by

Sahafat scheme: J&K bank reduces interest rate to 11.90%

    Jammu, Dec 23: J&K Bank Chairman & CEO Parvez Ahmed was today felicitated by the Press Club of Jammu (PCJ) at an impressive function held here at the Club. The Chairman, on the occasion, rolled out “J&K Bank Sahafat Finance Scheme” for journalists and others working in various media organisations in presence of Bank’s

File Photo

Budget Session 2018-9: Speaker nominates members of Business Advisory Committee

JAMMU, DECEMBER 21 – As the commencement of Assembly session draws near Speaker, Jammu and Kashmir Legislative Assembly, Kavinder Gupta Thursday reconstituted Business Advisory Committee for the Budget Session 2018-19. “The Committee, with Speaker as its Chairman, will have Dy Chief Minister, Dr Nirmal Singh, Minister for Revenue, Disaster Management and Parliamentary Affairs, Abdul Rehman

A Kashmiri boatman rows his Shikara, a traditional boat, as snow covered mountains are seen in the backdrop of the Dal Lake in Srinagar on March 7,2010.The Jammu-Srinagar highway was closed to traffic on March 6,morning following landslides at Panthal in Ramban district.The highway is the main road link between the Kashmir Valley and the rest of the country.AFP PHOTO/Rouf BHAT

Special promotional event for J&K in Uzbekistan, entries invited

NEW DELHI, DECEMBER 21: The Indian Embassy in Tashkent (Uzbekistan) will be organizing special promotional events on the occasion of PravasiBharatiya Divas in January 2018 to showcase the culture, industrial achievements and trade potential of Jammu & Kashmir, Govt said on Thursday. According to a communication from Indian Ambassador in Tashkent, the intending government departments and

India, World Bank sign financing agreement for skill enhancement project

New Delhi: A financing agreement for IDA Credit worth USD 125 million (equivalent) for the “Skills Strengthening for Industrial Value Enhancement Operation (STRIVE) Project” was signed by the Government of India and the World Bank in the national capital on Tuesday. The agreement was signed by Sameer Kumar Khare, Joint Secretary, Department of Economic Affairs,

Employees Core strength of JK Bank and their welfare a priority, Parvez Ahmed

Jammu, Dec 18:. Parvez Ahmed, Chairman and CEO, J&K Bank today launched comprehensive preventive Health Check up campaign for its employees in Jammu in association with its General Insurance partner Bajaj Allianz General Insurance Company under latter’s nationwide campaign “Dil ko Dhadakne Do”. The campaign was launched in presence of Chief Distribution Officer Bajaj Allianz,

FCS&CA fixes poultry product rates

       SRINAGAR, DECEMBER 18: Department of Food, Civil Services and Consumer Affairs (FCS&CA) today issued revised maximum retail price of poultry products within the municipal limits of Srinagar city on Monday. According to the officials at FCS&CA , price of Broiler (live) has been fixed at Rs 110 per kilogram. Similarly, Layer (live) and Parent per

J&K Bank launches finance scheme for media

Chairman Jammu and Kashmir Bank  Parvez Ahmad, Thursday, launched ‘ JKBANK SAHAFAT FINANCE SCHEME’ a special hassle free loan scheme exclusively for media fraternity at the bank’s corporate headquarters, M. a. road, srinagar.

Deadline to link Aadhaar with bank accounts extended till March 31

New Delhi: The deadline to link the Aadhaar number with bank accounts has been extended by three months till March 31, the government announced on Wednesday, as the Supreme Court is set to commence hearing from Thursday on its mandatory linking to various schemes. The deadline was earlier December 31 for linking the 12-digit unique

J&K Bank Chairman visits DPS Srinagar, appreciates management and staff

Srinagar, Dec 9: Using the education as means with all its excellence and diversity to enable children to engage, learn and create value in intellectual and other terms, DPS Srinagar as an institution strongly echoes the missionary theme of J&K Bank which is to empower people through varied financial products and services to create value in

Sopore: People benefit from free medical camp by Noora Hospital

. Sopore December 06:   A Free Medical Camp was conducted by Noora Hospital at Asia’s second largest Fruit Mandi Sopore, in north Kashmir  on Wednesday. The team of doctors who participated in the camp were Dr. Mujeeb Shoukat (internal medicines and infectious diseases), Dr Hamed Bashir ( cardiology and interventional cardiology), Dr Humayun Ahad (orthopaedics

Employees of World Bank funded Apple concentrate plant Sopore, decry official apathy

Sopore, Dec 4: While government claims of boosting and working tirelessly for the horticulture sector of the state, the Jammu and Kashmir Horticulture Produce Marketing and Processing Corporation (JKHPMC) in Sopore depicts how official negligence has devastated the once World Bank funded project. The JKHMPC plant at Doabgah area of apple town is in shamble

J&K Bank commissions 2 ATMs at SKIMS, 1 at Umar Colony

Srinagar, Nov 30: J&K Bank  on Thursday opened two more Automated Teller Machines  in the Sheri Kashmir Institute of Medical Sciences (SKIMS) Soura for public use. Chairman Parvez Ahmed and the Director SKIMS Prof Abdul Gani Ahangar inaugurated the ATMs jointly.  “As institution we are dedicated to provide world class products and hassle free services to

Innovative Online Supermarket launched in Srinagar, offers home delivery services

Srinagar Nov 30: An Innovative new start-up was launched today in Srinagar. The event was inaugurated by. Imran Raza Ansari, Minister for Information technology, Technical Education, Youth Services and Sports. VALLEY BASKET which brands itself as a door-to-door home-delivery company, is an online supermarket offering everything you need at your doorstep at discounted prices. The

Govt extends Gratuity benefit to NPS employees

JAMMU, NOVEMBER 30: In a significant decision, the Government has extended the benefit of Death-cum-Retirement gratuity to the employees working under the New Pension Scheme (NPS). “Provided that the Government employees/ family members of such Government employees as have been appointed or brought on regular establishment on or after 01.01.2010, on their retirement/death in harness shall

Shortage of fertilizers in Valley, Govt writes to Union Minister

JAMMU, NOVEMBER 29- Shortage of fertilizers has hit farmers and fruit growers of state badly to the extent that the Minister of Horticulture had to intervene and on Wednesday urged central government to step in to resolve the issue. Apple Growers Associations had recently called upon the Horticulture Minister, Syed Basharat Burkhari,  regarding shortage of fertilizers

Ensure availability of quality Spray Oils to fruit growers: Basharat Bukhari

JAMMU, NOVEMBER 28 – Taking cognizance of the lack of easy accessibility of Petroleum Derived Tree Spray Oils (TSO) to the orchardists, farmers, Minister for Horticulture Syed  Basharat  Ahmed  Bukhari today reviewed feedback obtained from the representatives of the oil companies regarding this concern. This feedback was obtained during a meeting convened by the Secretary, Horticulture Department with the

JK Govt ropes in OIC for employees’ Group Personal Accidental Insurance

JAMMU, NOVEMBER 27: The government has accorded sanction to tie up for Group Personal Accidental Insurance policy for the employees with M/S Oriental Insurance Company Limited. The tie-up will be for one year commencing 1 December 2017 to 30 November 2018 (midnight). As per a notification issued by the Principal Secretary Finance, Mr Navin K

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