Business & Economy - Page 2

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.

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

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

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

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

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

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

The National Green Tribunal office in New Delhi. Express Photo by Tashi Tobgyal New Delhi 080415

Waste-to-energy plant: NGT to hear case this week 

Srinagar: National Green Tribunal (NGT) has posted for hearing a case regarding setting up of waste-to-energy plant at Achan, the only trash dumping site in this summer capital of the state, in the week commencing from Monday. The case had come up for hearing on November 15 and a bench of NGT headed by Justice

The Corner end of a paddy field in moutain

6095 qtls of mushk budji produced during 2016-17 in Anantnag

Anantnag: During 2016-17 around 6095 qtls of mushk budji was produced at Sagam, Tangpava, Buchu, Hillar, Lisser and Nagam villages out of which 1266 qtls were procured by Agro Industries Corporation providing a benefit of Rs 107.60 lakh to the farmers. The data was revealed during Principal Secretary Agriculture Production Department, Sandeep Nayaks interactive meeting with

Budget 2018-19: Budget to be presented in State Legislature in the first week of January 2018

JAMMU, NOVEMBER 17: The Government has set into motion the process for preparation of the State Budget for 2018-19which is likely to be presented in the Legislature in the first week of January 2018. Principal Secretary Finance, Mr Navin Kumar Choudhary started department-wise discussions on the budget proposals on November 8 and the entire exercise is

RBI Organises one day workshop for Directors of RSETIs

  Srinagar: Reserve Bank of India, Jammu organized one day workshop for the Directors of RSETIs functioning in the State of Jammu and Kashmir on November 17, 2017 at Srinagar. The Workshop was inaugurated by Shri A. K. Mattu, General Manager & Officer-in-Charge, RBI, Jammu and Kashmir. In his inaugural address, Shri Mattu highlighted that

Mirwaiz regrets GoI’s rejection to Islamic Banking 

Srinagar:  Hurriyat Conference (M) chairman Mirwaiz Umar Farooq on Friday expressed regret at Government of India’s rejection to introduce Islamic banking. “People of Kashmir who are mostly Muslims and hence many among them do not participate in the interest-based banking system in the state ,have been demanding introduction of Islamic banking in J&K for a long time

Indian economy recovering from ‘temporary blip’: Jaitley

Singapore: India’s economic slowdown has bottomed out and now it should start moving upwards after recovering from the “temporary blip” seen during the recent structural changes, Finance Minister ArunJaitley said on Thursday. Addressing investors at the Morgan Stanley annual conference here on ‘India: Structural Reforms and Growth Path Ahead’, Jaitley talked about the “massive” economic

IndiGo offloads 4 Kashmiri youth from Patna-Delhi flight for ‘erratic’ behaviour

New Delhi: Four Kashmiri youth were offloaded from Patna-Delhi IndiGo flight for “erratic behaviour”. According to reports, Mukhtar Ahmed Gani, his elder brother Javed Ahmed Gani and friends Md Munib Wali and Haroon Rashid were offloaded from the flight. They were released later in the evening after preliminary screening. The CISF, responsible for airport security,

GoI allocates more electricity to JK for winter demand

New Delhi: The Union power ministry today said it has allocated additional power to Jammu and Kashmir to meet demand during the winter season. In view of increase in the power requirement in Jammu and Kashmir, that happens normally during winter, the central government has allocated 74 per cent power i.E. 792 MW out of

All Tehsil Headquarters may get Super Bazaar branches soon

Jammu: Government is contemplating to set up Super Bazar branches and Medical Shops at every Tehsil Headquarters in the State. Minister of State for Forest, Environment, Animal, Sheep Husbandry, Cooperative and Fisheries, Mir Zahoor Ahmad has said that which he asked the concerned to submit a comprehensive scientific proposal so that maximum consumers of the


Rs 1218.26 lacs  Business turnover by Cooperative societies in Anantnag  in 2016-17

ANANTNAG, NOVEMBER 15: During 2016-2017 business turnover of Rs 1218.26 lacs 55 has been registered by the Cooperative Societies in the district Anantnag. The turnover by 55 Cooperative Societies Registrar under Cooperative Societies Act 1989 functioning in the district include Rs 398.59 lacs from fertilizers, Rs 267.89 lacs from consumer goods, Rs 175.58 lacs sale of Medicines,

Defence minister in Pahalgam, meets CM 

Pahalgam:  Chief Minister, Mehbooba Mufti had a one-on-one meeting with Defence Minister, Nirmala Sitharaman here on Sunday who was here to attend the meeting of Executive Council of Jawahar Institute of Mountaineering & Winter Sports, Pahalgam.   During the meeting, the Chief Minister brought several issues pertaining to Defence into her notice. She strongly pressed for


Ban on crude boilers, microme coil, heating devices in District Srinagar

Srinagar: District Magistrate Srinagar has imposed a blanket ban on sale, purchase and transportation of crude boilers, microme coil and heating devices in Srinagar district. The ban has been imposed aftera meeting witb Power Development Department of district Srinagar where, according to the ban order, it was pointed out that during winters crude boilers, microme

Khyber, Kanwal, Avon get major relief from SC

Srinagar: The Supreme of India has set aside Jammu and Kashmir High court’s orders, asking three food-manufacturing companies in 2014 to deposit Rs 20 crore each with the SK Institute of Medical Sciences Soura Srinagar, calling it “uncalled for”. “We are of the considered opinion that the condition imposed by the High Court, directing the

A Year After Demonetisation

  November 8, 2016 would be remembered as a watershed moment in the history of Indian economy.  This day signifies the resolve of this Government to cure the country from “dreaded disease of black money”.  We, the Indians, were forced to live with this attitude of “chalta hai” with respect to corruption and black money

Sarmad Hafeez’s posting as Administrative Secretary Tourism Department hailed

Srinagar: The recent decision of appointing Sarmad Hafeez as Administrative Secretary Tourism Department has been hailed by people associated with the travel and tourism sector of the state. The government had recently posted IAS officer and MD JK Tourism Development Corporation as Administrative Secretary Tourism Departmnet. In an order government said that Sarmad Hafeez “shall


Mirwaiz ‘glad’ to see youth setting up own ventures against running after govt jobs 

Srinagar: Hurriyat Conference (M) Mirwaiz Umar Farooq on Saturday expressed contentment over educated youth taking a lead in establishing business ventures instead of running after government jobs. Appreciating the efforts of Kashmiri youth in taking a lead in setting up their own business ventures, Mirwaiz said that he was glad to see that young educated

No ads, deal strictly against newspapers publishing anti national articles: MHA to J&K govt

New Delhi: The Jammu and Kashmir government has been asked by ministry of home affairs to stop advertising in local newspapers that allegedly publish “anti-national articles”, Hindustan Times reported. According to HT report the MHA has told the state government that some publications were publishing “highly radicalised content glamorising terrorists and anti-national elements”. “It is

SDA demolishes illegal structures in Tajwas

Ganderbal: Sonamarg development authority demolish illegal shops in Tajwas Sonamarg on friday. The Enforcement wing of the Sonamarg Development Authority (SDA), conducted a demolition drive in Thajwas Sonamarg and removed some illegal shops from the tourist resort. The demolition team of SDA officials led by its field squad on the directions of Chief Executive Officer

Train services suspended in southern Kashmir for ‘security reasons’

Train services remains suspended on Friday for security reasons in southern Kashmir, where a Jaish-e-Mohammad (JeM) militant and two Army personnel were killed in an encounter late last Thursday night. However, trains continued to ply  on Srinagar-Budgam track in central Kashmir to Baramulla in north Kashmir as per schedule, officials said.

Saffron production in 2016-17 4.28 kgs per hectare

Srinagar: The saffron production registered in 2016-17 was 4.28 kgs per hectare while it was 4.26 kgs of saffron per hectare production recorded for 2015-16. The figures were revealed in a merting after Minister for Agriculture Ghulam Nabi Lone Hanjura and Minister for Education Syed Mohammad Altaf Bukhari today laid down the foundation stone of mushroom

Valley based fruit growers, dealers demand ‘roll back GST on packaging material’

Sopore November 01: Kashmir fruit growers and dealers are demanded roll back of GST on packaging material of fruits on tuesday. Fruit growers and dealers were talking to reporters after a meeting of Kashmir Valley Fruit Growers and Dealers Association at Fruit Mandi Sopore. Bashir ahamd Bashir, chairman excustive body fruit association kashmir,  President fruit association  Baramula

CM J&K Inaugurates JK Bank Zonal Office NKR.

  Sopore: Consolidating further our state-wide expansion in terms of our reach and services, new offices like this one will play a key role in streamlining not only our business operations but will take us closer to the geographies of these zones and allow us to serve the people better. J&K Bank Chairman and Executive

J&K Bank reports Rs 101.83 Cr net profit in Q2 

Srinagar: Delivering a re-assuring performance, the Jammu & Kashmir Bank on Friday reported a net profit of Rs 101.83 crore for half-year ended September. The results were declared and adopted in Bank’s Board Meeting held at Corporate Head Quarters. Chairman and CEO, Parvez Ahmed while expressing satisfaction on the performance by the Bank for past

Pensioners to get free insurance cover from next year: Govt

Budgam: Ruling PDP-BJP government on Thursday announced that the pensioners of Jammu and Kashmir government will get free insurance cover from the next year. “Pensioners are a nation’s treasure. They are the repository of our tradition and culture. Keeping in view their contributions and hardships, we have decided that the government will provide them free

Govt seeks progress on revision of job rules in 10 days

Srinagar: The state government has asked all the administrative secretaries to furnish progress made regarding the revision of recruitment rules in the Jammu and Kashmir. The recruitment rules were ordered to be revised as a follow up to finance minister’s speech duing last budget session. The minister, Dr Haseeb Drabu had underlined that the Recruitment

Knowledge Initiative in Education: Mattoo pitches for industry-oriented courses

  JAMMU: Advisor to Chief Minister, Prof. Amitabh Mattoo today pitched for introduction of industry oriented courses at various levels to increase employability of educated unemployed youth in the industrial sector. Prof. Mattoo was speaking at an interactive session of Industrialists and student union representatives convened as part of the state government’s initiative to broad

 J&K Bank disbursed Rs. 788 Crores under the Mudra scheme

Srinagar:  J&K Bank alone has disbursed Rs. 788 Crores under the Mudra scheme, Rakesh Gandotra Vice President Jammu and Kashmir Bank said on Friday. Gandotra made these comments at a press conference held at the Bank’s Zonal Office Jammu. VP J&K bank also briefed about the various categories of the Mudra loans and said that under

Handicraft exports Rs 1151cr,

Handicraft promotion to address unemployment: Nizam-ud-Din Bhat ‘World Bank-funded Rs 44.61 cr Kashmir Haat-II to come up at Pampore’ SRINAGR, OCTOBER 16- The volume of exports of Handicraft goods from the State has reached to 1151.12 crore in 2016-17 as against 1059.41 crore in 2015-16. This was stated by Vice Chairman for Handloom Development Corporation, Nizam-ud-Din

R K Singh directs speedy implementation of power schemes in JK

Srinagar: Indian Minister of State for Power, New and Renewable Energy R K Singh on Tuesday directed for speedy and effective implementation of various schemes being undertaken in JK’s power sector so that Prime Minister’s initiative of providing electricity to every household by December 2018 is realized. The Minister was speaking at a meeting convened

7th Pay Commission will remove anomalies in JK: FM

Srinagar: Minister for Finance and Labour and Employment, Dr Haseeb Drabu on Monday said 7th Pay Commission will remove anomalies in Jammu and Kashmir. “We will use the opportunity of 7th Pay Commission to do a major clean-up of the pay anomaly in the cadres of the state administration. Initially, the cadres will be rationalized followed by

Entrepreneurship in J&K: 10000 enterprises established under different JKEDI-implemented schemes

SRINAGAR, OCTOBER 8: Nearly ten thousand enterprises have been established across the State, thanks to different government schemes for entrepreneurs – including the State Government-sponsored Seed Capital Fund and Youth Start-up Loan schemes and the Central Government-sponsored Himayat Self-Employment and Term Lone schemes – implemented through the Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) through

DAVP suspends empanelment of 51 newspapers

NEW DELHI: The Directorate of Advertising and Visual Publicity (DAVP) has suspended empanelment of scores of newspapers in various states for breaching the norms of journalistic ethics. According to an Advisory issued by DAVP, following a Censure by the Press Council of India (PCI), the DAVP has, in exercise of the powers conferred under Clause

Travel advisory on Kashmir is a misplaced regulation, Garry Weare

Srinagar: Prominent adventurer and author of travel books, Garry Weare, who is on a tour in Kashmir as part of a group of 13 travelers from Australia, has urged that travel advisory on Kashmir by various countries should be reconsidered. “Travel advisory on Kashmir is a misplaced regulation, saying travelling to Kashmir is as safe or

J&K Bank organizes farewell for RBI Regional Director

Srinagar: J&K Bank organized a farewell for Regional Director RBI Nitya Kishore Sahu, who is superannuating on 30th September, 2017. Chaired by the bank’s Chairman and CEO Parvez Ahmed, the function was attended by the bank’s Executive Presidents, Presidents and Vice-Presidents. Sahu took over as the Regional Director last year in June. Prior to his posting at

Will check if Petrol pumps are tampering with metres, Chowdhary Zulfikar Ali

INS Special corresponded Suhail Punjabi caught up with Consumer affairs Minister Choudhary Zulfikar Ali and had a quick chat with him. INS: People are skeptic about the Petrol pumps, thinking that they are duping them, like that of happened in Uttar Pradesh. And people also alleged that some petrol pumps in Srinagar are tampering with the machine?

Timely transportation of horticulture produce will fetch good returns: Basharat Bukhari

SRINAGAR: In connection with direction passed by the Minister for Horticulture Syed Basharat Bukhari in a recent meeting regarding making Jawahar tunnel operational round the clock during fruit season, Inspector General of J&K Traffic Police today assigned tasks to concerned police officers to ensure smooth, safe and timely transportation of horticulture industry produce to outside

Zulfikar meets Smriti

NEW DELHI: Minister for Information, Chowdhary Zulfkar Ali on Tuesday met Indian Minister for Information & Broadcasting (I&B), and Textiles Smriti Zubin Irani to discuss wide range of issues related to media in J&K. Zulfkar Ali, who’s also minister of Food, Civil Supplies, and Consumer Affairs (FCS&CA) and requested the Union Minister to help in highlighting the

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