Business & Economy

 INS Correspondent

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 […]

 INS Correspondent

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

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 […]

 INS Correspondent

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 […]

 INS Correspondent

Advisor Vyas orders extension of GST amnesty scheme by 30 days

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 […]

 INS Correspondent

Plum is getting ready to be in market, harvesting begins

Plum is getting ready to be in market, harvesting begins

By Imtiyaz PandowBudgam: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 […]

 INS Correspondent

Salary issue of SSA teachers under active consideration: Govt

Salary issue of SSA teachers under active consideration: Govt

Advisor B BVyas reviews liquidity position, fund requirement of various departments 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 […]

 INS Correspondent

281906 tourist footfall upto May 2018: Govt

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 […]

 INS Correspondent

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

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 […]

 INS Correspondent

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

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 […]

 INS Correspondent

J&K Bank elevates 2 officers as Executive Presidents, promotes AE’s and BA’s

J&K Bank elevates 2 officers as Executive Presidents, promotes AE’s and BA’s

  Srinagar, May 31: Continuing its major succession planning exercise, J&K Bank today elevated two of its Presidents Pushap Kumar Tickoo and Rajesh Kumar Chibber to the level of Executive President (EP). Besides, the bank also promoted 764 Associate Executives to Executive cadre and 69 Banking Attendants to the post of Assistant Banking Associate. Notably, only […]

 INS Correspondent

Fuel prices can be slashed by Rs 25: Chidambaram

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 […]

 INS Correspondent

Mirwaiz Umar Farooq inaugurates Al Sadooq Utensils at Rajouri Kadal

Mirwaiz Umar Farooq inaugurates Al Sadooq Utensils at Rajouri Kadal

Pic By Zargar Zahoor

 INS Correspondent

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

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 […]

 Multimedia Desk

Stone carvers at Pantha Chowk awaits justice

By Tabish Khan 

 INS Correspondent

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

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 […]

 INS Correspondent

India is a $2.5 trillion economy on path for 8% growth: Arun Jaitley

India is a $2.5 trillion economy on path for 8% growth: Arun Jaitley

New Delhi:Finance Minister Arun Jaitley on Thursday said India is a $2.5 trillion economy that is firmly on the path of an over 8% growth. “We are now a $ 2.5 trillion economy, and we are firmly on path to achieve 8 per cent plus growth soon,” Jaitley said while delivering his Union Budget 2018-19 […]

 INS Correspondent

Govt warns against investing in bitcoins

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 […]

 INS Correspondent

Indian airlines to induct over 900 planes by 2025

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. […]

 INS Correspondent

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

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 […]

 INS Correspondent

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

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 […]

 INS Correspondent

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

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 […]

 INS Correspondent

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

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 […]

 INS Correspondent

India, World Bank sign financing agreement for skill enhancement project

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, […]

 INS Correspondent

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

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, […]

 INS Correspondent

FCS&CA fixes poultry product rates

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 […]

 INS Correspondent

J&K Bank appoints kin of slain guards, provides financial relief of Rs 20 Lacs

J&K Bank appoints kin of slain guards, provides financial relief of Rs 20 Lacs

Srinagar, Dec 16:  Following up on the killing of two private security guards namely Tariq Ahmad and Mushtaq Ahmad in Shopian by unidentified gunmen, J&K Bank today granted jobs to the kin of slain. Today, Chairman and CEO Parvez Ahmad handed over the appointment letters and cash certificates worth Rs 10 Lacs each to the bereaved families here at […]

 INS Correspondent

Media not being ‘compensated proportionate’ to hard work, J&K Bank Chairman

Media not being ‘compensated proportionate’ to hard work, J&K Bank Chairman

Parvez Ahmed launches ‘J&K Bank Sahafat Finance Scheme’Srinagar, Dec 14: We understand your difficulty of not being compensated proportionate to your hard work, Jammu and Kashmir Bank Chairman Parvez Ahmad said on thursday. J&K Chairman and CEO made these remarks at the launch of “J&K Bank Sahafat Finance Scheme” at its corporate head quarters in […]

 INS Correspondent

J&K Bank launches finance scheme for media

J&K Bank launches finance scheme for media

Pic by Zargar Zahoor 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.

 INS Correspondent

Money vanishing from bank accounts in Central Co-operative Bank Handwara, police registers case

Money vanishing from bank accounts in Central Co-operative Bank Handwara, police registers case

By Tasaduq Hussain   Kupwara: A case of embezzlement has been registered by police after people accused Central Co-operative bank ltd branch Magam, in Handwara of Kupwara district of stealing money from their accounts. According to bank officials an amount more than 50 lacs is under the police scanner. According to various account holders in the […]

 INS Correspondent

Deadline to link Aadhaar with bank accounts extended till March 31

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 […]

 INS Correspondent

JK Bank chairman condoles death of bank guards, promises financial support

JK Bank chairman condoles death of bank guards, promises financial support

Srinagar, Dec 11: J&K Bank Chairman and CEO Parvez Ahmed expressed shock over the killing of security personnel guarding the bank’s cash van on way to Keller from Shadimarg.  “It is very painful news and we at J&K Bank are shocked over the killings of security personnel namely Mushtaq Ahmad and Tariq Ahmad by the unidentified […]

 INS Correspondent

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

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 […]

 INS Correspondent

Sopore: People benefit from free medical camp by Noora Hospital

Sopore: People benefit from free medical camp by Noora Hospital

BY PEERZADA WASEEM . 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 […]

 INS Correspondent

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

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

by Peerzada Waseem 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 […]

 INS Correspondent

Social networking websites are market in itself, these youngsters tell you how

Social networking websites are market in itself, these youngsters tell you how

By Tabish Khan The cut throat competition in the market pushes people to think innovative ways to get into business. INS brings you some of those youngsters who carved their way to profitability through social media. Malla  Arts Online Store: What began as a ‘time pass’ for Malla brothers is now a ‘profit earning venture’ […]

 INS Correspondent

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

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 […]

 INS Correspondent

Innovative Online Supermarket launched in Srinagar, offers home delivery services

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 […]

 Sports Desk

Govt extends Gratuity benefit to NPS employees

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 […]

 Sports Desk

Shortage of fertilizers in Valley, Govt writes to Union Minister

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 […]

 Sports Desk

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

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 […]

 INS Correspondent

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

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 […]

 INS Correspondent

Noora Hospital Inaugurates Cath Lab.

Noora Hospital Inaugurates Cath Lab.

Noora Hospital Inaugurates Cath Lab. Noora Hospital inaugurated its state of the art Cath lab today. The inauguration was done by the chairman of the hospital Haji Mohd. Ismail Wagay in presence of Additional D.C Srinagar Ms. Rifat Naseem, the chief guest of the occasion, and imminent cardiologists and other doctors from the medical fraternity. […]

 INS Correspondent

Cooperative Deptt records Rs 48.48 cr turnover in Kashmir division, Rs 3.31cr from PCs

Cooperative Deptt records Rs 48.48 cr turnover in Kashmir division, Rs 3.31cr from PCs

SRINAGAR, NOVEMBER 24: The Cooperative Department has registered a turnover of Rs 48.48 crore through its various business units in Kashmir division during the current fiscal so far, while as it has recovered an amount of Rs 3.31 crore from various stakeholders during the period. This was disclosed in a meeting chaired by Secretary, cooperative […]

 INS Correspondent

Govt announces major hike in advertisement rates for newspapers

Govt announces major hike in advertisement rates for newspapers

  Merit-based category system introduced for empaneled publications in new rate structure JAMMU, NOVEMBER 23: The government today announced a significant hike in the advertisement rates for the newspapers and other periodicals. The revision of rates has been done after gap of four years as the earlier rate revision was affected in the year 2013 by […]

 INS Correspondent

FCS&CA recovers Rs 896950, penalizes 1724 defaulters this year

FCS&CA recovers Rs 896950, penalizes 1724 defaulters this year

SRINAGAR, NOVEMBER 23: Department of Food, Civil Supplies and Consumer Affairs (FCS&CA) has recovered a fine of Rs 8, 96,950, while as it penalized 1724 defaulters during this year, so far, in its market checking drive conducted in the Kashmir Division. According to a progress report of the Department’s Enforcement Wing, around 5455 establishments were […]

 INS Correspondent

Indian Oil launches 5kg gas cylinder

Indian Oil launches 5kg gas cylinder

Muzamil Shah Srinagar: Indian Oil Corporation (IOC) today launched 5kg FTL LPG cylinder for the people Jammu and Kashmir in an event here in Srinagar. The event was inaugurated by Jagdeep Kumar Rana General Manager LPG, Punjab State Office. Speaking on the occasion Rana said that the process of obtaining a LPG cylinder has been […]

 INS Correspondent

J&K Bank conducts awareness camp-cum-workshop at Zewan armed complex

J&K Bank conducts awareness camp-cum-workshop at Zewan armed complex

Srinagar, Nov 22: J&K Bank conducted an Awareness Camp-cum-Workshop today at J&K Armed Police Complex Zewan wherein police personnel participated in large numbers. The awareness camp was organized in line with Memorandum of Understanding (MoU) signed between J&K police Department and the J&K Bank to educate the police personnel about the contents of the MoU and […]

 INS Correspondent

Supreme Court, High Court judges to get salary hike

Supreme Court, High Court judges to get salary hike

New Delhi: The judges of the Supreme Court and the 24 high courts are set to get a salary hike as the Union cabinet today approved a proposal in this regard. Law minister Ravi Shankar Prasad said here that a bill would be introduced in Parliament to effect the pay hike. The then Chief Justice of […]

 INS Correspondent

Step-by-step guide to read deleted text messages on WhatsApp

Step-by-step guide to read deleted text messages on WhatsApp

New Delhi: The ‘delete for everyone’ feature on WhatsApp has been cracked and now a user can read the text messages that were deleted by the sender. There are a couple of ways to retrieve deleted texts on Android phone and there are several limitations to the process as well. When instant messaging app WhatsApp […]

 INS Correspondent

CPIS: No salary for December if data not updated by Dec 31, says Fin dept

CPIS: No salary for December if data not updated by Dec 31, says Fin dept

  Jammu: The Jammu and Kashmir finance department has warned drawing and disbursing officers that their salaries for December will be held back if they fail to update the employee database on the Centralised Personal Information System (CPIS) by the end of this year. The employees who do not cooperate with their DDOs will also […]

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