Business & Economy

 INS Correspondent

LPG agency told pay Rs 5000 to consumer for delaying cylinder

LPG agency told pay Rs 5000 to consumer for delaying cylinder

Srinagar: District Consumer Protection Forum has asked a local LPG distributor to pay Rs 5000 to a local LPG agency as compensation to a complainant for long delay in supplying the cylinder. The complainant— Peer Noor-ul-Haq—submitted that he, having the gas connection of the distributor of HP gas, was provided only three gas cylinders from […]

 INS Correspondent

Specialised Nuero-Surgery OPD’s in Ramzaan Hospital Srinagar in association with Paras Hospital

Specialised Nuero-Surgery OPD’s in Ramzaan Hospital Srinagar in association with Paras Hospital

Srinagar: Paras Hospitals Gurgaon in association with Ramzaan Hospital Srinagar launched specialised Nuero-Surgery OPD’s in Srinagar on Saturday. The announcement was made in a presser in a local hotel in Srinagar. The two day OPD and IPD facilities, 16th and 17 September, will be open at Ramzana Hospital. Dr. Zaffer Saleem Khanday, Paediatric Surgeon Ramzaan […]

 INS Correspondent

105th SLBC: J&K Bank disbursed Rs 3665.14 Cr, contributes 69 pc of total credit in the state

105th SLBC: J&K Bank disbursed Rs 3665.14 Cr, contributes 69 pc of total credit in the state

  Srinagar: J&K Bank today convened 105th meeting of J&K State Level Bankers’ Committee (SLBC) here at SKICC, which was presided over by J&K Chief Secretary Bharat Bhushan Vyas. Briefing the house on the occasion J&K Bank Chairman & CEO and Convener JK SLBC Parvez Ahmed said, “The banks operating in J&K have extended total […]

 INS Correspondent

After police, JKB to have more institutional tie-ups in J&K

After police, JKB to have more institutional tie-ups in J&K

Srinagar: J&K Bank on Friday said that it was in the process of executing business tie-ups through memorandum of understanding (MoU) with most of the government, semi government and other institutions of the state.  “We are a commercial organisation and a responsible corporate citizen. It makes immense sense for us to enhance our reach within […]

 INS Web Desk

J&K Bank ATM network grows to 1126

J&K Bank ATM network grows to 1126

Srinagar: J&K Bank commissioned two more ATMs today; one at Pulwama in Kashmir and the other at Kathua in Jammu, amid good gatherings of valuable customers, senior citizens and local businessmen.  The total number of ATMs has gone up to 1126 consisting of a strong network of 1033 ATMs in J&K alone. According to a statement […]

 INS Correspondent

J&K gets tax exemption on industry for 10 years: Mehbooba, Drabu elated

J&K gets tax exemption on industry for 10 years: Mehbooba, Drabu elated

Srinagar: Government of India announced on Wednesday that the industries in J&K, the north eastern states and other Himalayan states will continue to get tax exemption till March 2027, albeit as refund, under the current Goods and Services Tax (GST) regime which was rolled out on July 1. An official statement said that the Cabinet […]

 INS Web Desk

JK Bank organises welcome programme for IIT students at Jagti

JK Bank organises welcome programme for IIT students at Jagti

Srinagar: J&K Bank organized a two-day welcome programme for the new students of IIT Jammu in the new campus at Jagti. The institution has been made operational from the current academic year. The new students for current academic year who reported for registration were welcomed by the Bank with light refreshment and were provided on […]

 INS Web Desk

J&K Bank translates CM’s desire for support, single window clearance system for entrepreneurs

J&K Bank translates CM’s desire for support, single window clearance system for entrepreneurs

Srinagar: In line with the directions of J&K Chief Minister Mehbooba Mufti to facilitate hassle free support to the entrepreneurs and ensure speedy disposal of projects through single window clearance system, J&K Bank today dedicated a full-fledged Business Unit and a Satellite office of Sher-i-Kashmir Employment & Welfare Programme for Youth (SKEWPY) Department at JKEDI Complex […]

 INS Web Desk

JK known for distinctive artistic creations: Farooq Abdullah

JK known for distinctive artistic creations: Farooq Abdullah

SRINAGAR: Member of Parliament, Dr Farooq Abdullah Monday said that Jammu and Kashmir is known for its artistic creations in hand woven Pashmina shawls but added that the heritage industry is facing threat from machine made products. The Member Parliament was speaking at a function organized by Weavers Service Centre to mark the National Handloom […]

 INS Web Desk

Well oriented policy must to sustain Handloom sector: Nizamudin Bhat

Well oriented policy must to sustain Handloom sector: Nizamudin Bhat

SRINAGAR: Vice Chairman Handloom Development Corporation, Nizamudin Bhat today said that a well oriented policy is needed to put the handloom sector back on track and sustain it. On the occasion of National Handloom Day, the Vice Chairman said that Jammu and Kashmir seems losing against less-known states in the national market and there is […]

 INS Web Desk

‘Saffron Spice Park’ at Dussu to be commissioned soon : Hanjura

‘Saffron Spice Park’ at Dussu to be commissioned soon : Hanjura

SRINAGAR: Minister for Agriculture Ghulam Nabi Lone Hanjura today said that the Saffron Spice Park at Dussu, Pampore is likely to be completed by the end of this month. The park costing Rs 37 crore is getting constructed under National Saffron Mission (NSM). The information was revealed by the Minister while addressing a two-day national […]

 INS Web Desk

3-day Gurez Festival concludes

3-day Gurez Festival concludes

GUREZ: The 3-day long Gurez Festival organized by the Department of Tourism concluded here on Monday. The festival which started on August 5 saw an overwhelming response from the locals and the adventure enthusiasts. The festival saw various events including cultural programs by locals, adventure events like mountain biking in Dawar and Tulail Valley, white […]

 INS Web Desk

Abdul Haq meets Kashmiri students in Mumbai

Abdul Haq meets Kashmiri students in Mumbai

Srinagar: On the directions of Chief Minister Mehbooba Mufti, Minister for Rural Development Panchayat Raj, Law and Justice, Abdul Haq Khan today met Kashmiri students studying in various colleges of Mumbai to get the firsthand account of the issues being faced by the students outside their state. While interacting with the students, Minister asked the […]

 INS Web Desk

FCS&CA Deptt to implement GIS at FPS, Sale Centres: Zulfkar

FCS&CA Deptt to implement GIS at FPS, Sale Centres: Zulfkar

SRINAGAR: Continuing with his efforts to strengthen the monitoring system in the department, Minister for Food, Civil Supplies and Consumer Affairs (FCS&CA), Chowdhary Zulfkar Ali today informed that the department is gearing up for geo-tagging of its assets through Geographical Integration System (GIS). The announcement was made during a departmental review meeting, where the Minister […]

 INS Web Desk

Kansal reviews progress on redress of issues of Kashmiri artisans

Kansal reviews progress on redress of issues of Kashmiri artisans

SRINAGAR: Principal Secretary to the Chief Minister, Rohit Kansal convened a meeting here today to review the progress on the redressal of issues faced by Pashmina weavers, manufacturers of copper utensils and fur artisans. The meeting was attended by Deputy Commissioner Srinagar, Director Industries and Commerce Kashmir, Additional Commissioner Kashmir, Officers from Handloom, Power and […]

 INS Web Desk

Deputations of artisans meet CM

Deputations of artisans meet CM

Srinagar: Chief Minister, Mehbooba Mufti has stressed on preserving and promoting the handmade arts of Kashmir for which she asked the concerned agencies to take all possible steps. The Chief Minister was interacting with a series of deputations of artisans and dealers of handicrafts, Pashmina workers, copper workers and fur workers. The deputations were led […]

 INS Web Desk

Govt working on larger canvass to revive handicrafts sector: Drabu

Govt working on larger canvass to revive handicrafts sector: Drabu

SRINAGAR: Calling for revival of the traditional handicrafts sector in Jammu and Kashmir, Minister for Finance, Dr Haseeb A Drabu, today said the tax immunity enjoyed by the industry in the previous indirect taxation system will continue under the Goods and Service Tax (GST) regime. “I have already written to the GST Council and the […]

 INS Web Desk

Gulmarg Gondola reopens for tourists

Gulmarg Gondola reopens for tourists

GULMARG: The Cable Car at the ski resort of Gulmarg in north Kashmir was today reopened for tourists after reinforcing the necessary safety measures following the tragic accident which took place on June 25 this year. Legislator, Mohammad Abbas Wani, Secretary Tourism & Information, M H Malik, Managing Director State Cable Car Corporation, Shamim Ahmad […]

 INS Web Desk

JK Bank organizes car dealers’ meet at Jammu

JK Bank organizes car dealers’ meet at Jammu

Srinagar: With a view to educate relevant stake-holders about Car Loan and its hassle-free processing, J&K Bank organized a car-dealers meet at its Zonal Office in Jammu. Representatives of all the major car-dealers from Jammu like Jamkash Vehicleades, Peaks Auto, Jammu Motors, Pace Hyundai, Hill View Honda, Maple Honda, Shree Toyota, Tawi Ford, Nissan Shuhul, […]

 INS Web Desk

Govt to safeguard consumer rights during transition to new tax regime: Zulfkar

Govt to safeguard consumer rights during transition to new tax regime: Zulfkar

JAMMU: Minister for Food, Civil Supplies and Consumer Affairs (FCS&CA) and Information Choudhary Zulfkar Ali today chaired a meeting to discuss the impact of GST on unsold stock of pre-packed commodities. The officers of Commercial Taxes, Legal Metrology and FCS&CA discussed preventive measures to check profiteering on unsold stock of pre-packed commodities after the implementation […]

 INS Web Desk

JK bags best ‘Honeymoon destination’ award

JK bags best ‘Honeymoon destination’ award

NEW DELHI: Jammu and Kashmir has been conferred with the best Romantic Honeymoon destination award at 5th International Travel- Tourism Conclave & Travel Awards (ITCTA) ceremony held here the other day. The award was received by Additional Secretary Tourism, Gulzar Ahmad Shabnam on behalf of the Tourism Department. The Function was attended by Tourism stakeholders […]

 INS Web Desk

Tourism Deptt organizes maiden trek to Bangus Valley

Tourism Deptt organizes maiden trek to Bangus Valley

SRINAGAR: In order to promote new tourist destinations, the department of Tourism Kashmir and Jammu and Kashmir Mountaineering and Hiking Club flagged off 115 members to Bangus Valley for one day trekking. The members boarded the buses at Tourist Reception Center (TRC) Srinagar 5:30 am to reach Kupwara and from Chowkibal the participants trekked to […]

 INS Web Desk

Revamping JKSFC: Govt to start buyback of shares

Revamping JKSFC: Govt to start buyback of shares

SRINAGAR, JULY 30: Finance Minister Dr Haseeb A Drabu today called for exploring alternative fiscal models for revitalizing the Jammu Kashmir State Financial Corporation in order to make it profitable by exploiting its strong points. The Minister was speaking at the 57th Annual General Meeting of the Shareholders of the Corporation here today. The meeting […]

 INS Web Desk

Hakeem seeks CM’s personal intervention for Doodhpathri Gandola Project

Hakeem seeks CM’s personal intervention for Doodhpathri Gandola Project

Khansahib: The Chairman, J&K Peoples Democratic Front (JKPDF) and MLA Khansahib, Hakeem Mohammad Yaseen has sought personal intervention of the Chief Minister, Mehbooba Mufti for development of Doodhpathri Tourist place in Khansahib Constituency especially for construction of the proposed Cable Car Project, for which final DPRs are awaiting green signal of the Government since last […]

 INS Desk

Morocco approves Islamic banking service

Morocco approves Islamic banking service

Rabat: The Sharia Committee of the Moroccan government on Tuesday approved the operations of Islamic banks. The permit came in a book issued by Bank Al-Maghrib, the central bank in the country, for the participating banks which want to open Islamic channels within their services. Islamic banking institutions will begin marketing their services to the […]

 INS Web Desk

JK Bank Chairman inaugurates new premises, ATM at B B Cant

JK Bank Chairman inaugurates new premises, ATM at B B Cant

Srinagar: We are in the process of redefining our customer service. My vision for the bank is that customers across classes, geographies, age and gender should come to us out of choice. Our unique selling proposition (USP) is customer relationship and the best range of products and services we provide to the people of this […]

 INS Web Desk

Dy CM for expediting new initiatives in hydroelectric, solar power sectors

Dy CM for expediting new initiatives in hydroelectric, solar power sectors

SRINAGAR: Asking the officers to speed up the process of implementation of various initiatives in the power sector especially the hydroelectric and solar energy, the Deputy Chief Minister Dr Nirmal Singh today said these initiatives would ensure sufficient amount of electricity is generated and provided to the consumers. The Deputy CM was addressing officers during […]

 INS Web Desk

‘Governance deficit pushes people to wall’

‘Governance deficit pushes people to wall’

Banihal: National Conference District President Sajjad Shaheen on Wednesday slammed PDP-BJP duo for plunging Jammu and Kashmir into unprecedented political uncertainty and sowing seeds of discord among people. “The coalition seems to have been tailored to implement a peculiar agenda, which is why the governance is at the lowest ebb and development has taken a […]

 INS Web Desk

Abdul Haq highlights role of Gram Sabhas in rural development

Abdul Haq highlights role of Gram Sabhas in rural development

RAMBAN: Minister for Rural Development and Panchayati Raj, Abdul Haq, Wednesday highlighted the role of Gram Sabhas in the development of rural areas and stressed on the people to take active part in the base level institutions for ensuring desired infrastructural development. The Minister said this during a public meeting at Banihal in Ramban district […]

 INS Web Desk

Ashraf Mir chairs Estimates Committee meeting

Ashraf Mir chairs Estimates Committee meeting

SRINAGAR: A meeting of the Committee on Estimates of Jammu and Kashmir Legislative Assembly was held here today under the Chairmanship of MLA Mohammad Ashraf Mir to review the functioning of PHE, Irrigation and Flood Control Department. Legislators Mubarak Gul, Hakeem Mohammad Yaseen, Ch. Sukhnandan Kumar, Abdul Majeed Padder, R S Pathania, Altaf Ahmed Wani, […]

 INS Web Desk

JK Govt bans online sale of cigarettes

Srinagar: In order to discourage the consumption of tobacco products by the public, especially the younger generation of state, the Government today vide circular number HD/Coord/27/2017 dated 24/07/2017 has put a complete ban on the sale(including online sale) manufacture, distribution, trade, import and advertisement of Electronic Nicotine Delivery System (ENDS)/e-Cigarettes in the state with immediate […]

 INS Web Desk

J&K adjudged ‘Best Adventure Destination’

J&K adjudged ‘Best Adventure Destination’

Bangalore: J&K was adjudged yet another time as the Best Adventure Tourism Destination in one of the India’s largest travel shows – Indian International Travel Mart (IITM) – which concluded on Sunday in Bangalore. Director Tourism Kashmir Mahmood A Shah, received the award at the hands of Minister of Tourism Development and Christian Religious Affairs […]

 INS Web Desk

JK Bank signals commencement of turn-around, posts net profit of Rs 30 Cr for Q1

JK Bank signals commencement of turn-around, posts net profit of Rs 30 Cr for Q1

Srinagar: Inching closer to turnaround in its bottom-line J&K Bank today reported a gross operating profit of Rs 368 Cr and Net profit of Rs 30 Cr for the quarter ended June 2017. The reviewed results were declared by the Bank today after the Board of the Bank adopted the numbers in its meeting held […]

 INS Web Desk

Zulfkar for technological intervention to ensure transparency, accountability

Zulfkar for technological intervention to ensure transparency, accountability

JAMMU: Minister for Food, Civil Supplies and Consumer Affairs and Information Choudhary Zulfkar Ali today inaugurated ’Command and Control Centre’ at Directorate of Food, Civil Supplies and Consumer Affairs, Channi Himmat. Commissioner Secretary Food, Civil, Supplies & Consumers Affairs Shafiq Ahmed Raina, Director Food, Civil, Supplies & Consumers R A Inqlabi, Joint Director Information, Manisha […]

 INS Web Desk

2 liters of K-oil per ration card for Srinagar          

2 liters of K-oil per ration card for Srinagar           

SRINAGAR: The scale of Kerosene oil under PDS for the month of July 2017 has been fixed @ 02 liters (two liters) per ration card for district Srinagar. Accordingly, the ration card holders are informed to draw the Kerosene oil at the prescribed scale from their respective Kerosene oil depots on cash payment.

 INS Web Desk

Govt working towards JK sustainable development: Mir Zahoor

Govt working towards JK sustainable development: Mir Zahoor

SRINAGAR: Minister of State for Forest, Environment, Animal & Sheep Husbandry, Cooperative and Fisheries, Mir Zahoor Ahmad has said that the sustainable development of Jammu and Kashmir State is the mission of the present Government headed by the Chief Minister Ms Mehbooba Mufti. He said in this regard various initiatives are under way and the […]

 INS Web Desk

Drabu approves creation of Jammu & Kashmir Civil Supplies Corporation

Drabu approves creation of Jammu & Kashmir Civil Supplies Corporation

SRINAGAR: In a significant decision, Minister of Finance, Dr Haseeb Drabu, today gave approval to the creation of Jammu Kashmir Civil Supplies Corporation that will change the face of Public Distribution System in the State. The Minister said the Corporation will be the sole agency for procurement of food grains under Public Distribution System while […]

 INS Web Desk

Govt strengthening women SHGs to make them self reliant: Abdul Haq

Govt strengthening women SHGs to make them self reliant: Abdul Haq

PULWAMA: Minister for Rural Development Panchayat Raj, Law and Justice, Abdul Haq today said the government is committed to strengthen women Self Help Groups (SHGs) by providing every possible assistance to them aimed at eradicating rural poverty and to achieve overall development of rural economy. Minister said this while reviewing the functioning of State Rural […]

 INS Web Desk

Zulfkar for expediting shifting of oil depots from Jammu city

Zulfkar for expediting shifting of oil depots from Jammu city

SRINAGAR: Terming the safety of people prime concern of the government, Minister for Food, Civil Supplies and Consumer Affairs (FCS&CA) and Information, Choudhary Zulfkar Ali today asked the all the concerned agencies to expedite the process of shifting of oil depots from Jammu city to less populated areas. Speaking at a meeting convened to review […]

 INS Web Desk

Drabu for incentivizing JK’s skilled labour

Drabu for incentivizing JK’s skilled labour

SRINAGAR: Minister for Finance, Dr Haseeb Drabu today said the revision of minimum wages for the scheduled employments should be effected in accordance with the skills, inflation and other economic factors. “There should be reasonable hike for all labor classes in accordance with the inflation and other economic factors,” Dr Drabu said while chairing a […]

 INS Web Desk

Abdul Haq dismayed over unimpressive performance under MGNREGA in Pulwama

Abdul Haq dismayed over unimpressive performance under MGNREGA in Pulwama

PULWAMA: Expressing dismay over mediocre performance in implementation of MGNREGA in Pulwama, the Minister for Rural Development, Abdul Haq today took a serious note of fewer man-days generated in the district. He has ordered initiation of action against the non-performing officers in the district. Speaking at a meeting convened here to review the status of […]

 INS Web Desk

Zulfkar inaugurates FCS&CA surveillance system, TA centres

Zulfkar inaugurates FCS&CA surveillance system, TA centres

SRINAGAR: Minister for Food, Civil Supplies and Consumer Affairs (FCS&CA) and Information, Choudhary Zulfkar Ali today inaugurated Command Control Room and Tehsil Accounts Section here at FCS&CA Directorate. The Minister was accompanied by Secretary FCS&CA Shafiq Raina, Director FCS&CA Nisar Ahmad Wani and other concerned officers of the Department. The Minister was informed that the […]

 INS Web Desk

Veeri for institutional asset creation in JK

Veeri for institutional asset creation in JK

BUDGAM: Minister for Revenue, Relief, Rehabilitation, Reconstruction and Disaster Management, Abdul Rehman Veeri, today stressed on the need for institutional asset creation for the sustainable Development of the State. He was speaking at the inauguration of Revenue Complex Budgam here. Minister for Agriculture, Ghulam Nabi Lone Hanjura was also present on the present. The mega […]

 INS Web Desk

Mehbooba pitches for reopening of more trade routes along LoC

Mehbooba pitches for reopening of more trade routes along LoC

Uri: Echoing the former Prime Minister Dr Manmohan Singh, Chief Minister Mehbooba Mufti Tuesday said bordered cannot be changed but the physical line can be removed to allow the people of the divided Jammu and Kashmir to meet. “We cannot change the borders but we can remove the line (Line of Control) so that people […]

 INS Web Desk

Radiation from Mobile towers poses grave health risks: DC Shopian

Radiation from Mobile towers poses grave health risks: DC Shopian

Shopian: The Deputy Commissioner Shopian today convened a meeting to review the erection of mobile towers in the district. The meeting was attended by Managers od various Kashmir based tele companies like Reliance Jio, Airtel, Aircel, Vodafone, ATC, ITII, Tower Vision, ACHME and BSNL. It was informed that Birds are the worst victims of radiation, […]

 INS Web Desk

Vice-Chairman JKTDC inaugurates tourist Bungalow at Banihal

Vice-Chairman JKTDC inaugurates tourist Bungalow at Banihal

RAMBAN: Vice-Chairman JKTDC, Rafi Ahmad Mir today inaugurated refurbished JKTDC Tourist Bungalow here at Banihal. MLA Banihal, Vikar Rasool Wani, Deputy Commissioner Ramban, Tariq Hussain Ganai, Managing Director JKTDC Sarmad Hafeez and officers of other departments and general public were also present on the occasion. Describing tourism as core industry to promote economy of the […]

 INS Web Desk

Aadhaar seeding camps from July 25: Zulfkar

Aadhaar seeding camps from July 25: Zulfkar

SRINAGAR: Minister for Food, Civil Supplies and Consumer Affairs (FCS&CA) and Information Department Choudhary Zulfkar Ali today directed the concerned to hold three-day Aadhaar seeding camp from July 25 to accelerate the seeding of ration cards in the State. Expressing his concern over the current pace of the seeding, the Minister said the Aadhaar seeding […]

 INS Web Desk

SFC must ensure hassle-free timber distribution: Lal Singh

SFC must ensure hassle-free timber distribution: Lal Singh

SRINAGAR: Minister for Forest, Ecology and Environment, Choudhary Lal Singh today said that several innovative measures taken to revitalize State Forest Corporation (SFC) has begun to show positive results. Chairing a review meeting of SFC here, Singh vehemently called for strengthening the Corporation that would ensure sustainable development of huge natural resources for the State. […]

 INS Web Desk

GST Implementation: Div Com Jammu assures full assistance to industrialists, traders in transitory phase

GST Implementation: Div Com Jammu assures full assistance to industrialists, traders in transitory phase

JAMMU: Divisional Commissioner, Jammu Dr. Mandeep Kumar Bhandari today assured full assistance to industrialists and traders to solve the issues confronting them while switching over to Goods and Services Tax (GST) regime. “The issues of all stakeholders will be taken up at the appropriate level so that they don’t face any difficulty in shifting to […]

 INS Web Desk

Drabu sets operational target for businesses to migrate to GST

Drabu sets operational target for businesses to migrate to GST

SRINAGAR: Setting immediate operational target to achieve cent percent registration of businesses under GST, Minister for Finance, Dr Haseeb Drabu, today directed the district administrations to work towards successful implementation of the new tax regime in J&K which will be beneficial for the consumers. “The biggest deterrent in the implementation of GST was the apprehension […]