BUSINESS

J&K Bank bags 4 excellence awards

Srinagar: The Jammu and Kashmir Bank has been awarded with four State Level Micro financing awards 2015-16 for its performances under promotion and financing of Self Help Groups (SHGs) and Joint Liability Groups (JLGs) in the Jammu and Kashmir State. The bank’s Executive President S S Sehgal received the awards on behalf of the bank […]

India budget to boost farm growth

Finance Minister Arun Jaitley said he planned to double the income of struggling farmers in the next five years. Having overtaken China as the world’s fastest-growing economy, India is seen as a bright spot in the global economy. But it has been hit by slowing global demand and severe droughts affecting rural areas. “We are […]

2016-17 Union budget a routine rhetoric: Tarigami

Jammu: CPI (M) senior leader and MLA Kulgam Mohammad Yousuf Tarigami has said the budget 2016-2017 presented by the union government today reflects rosy figures and is devoid of any relief for the common man. “The budget is a routine exercise of rhetoric.  It does not suggest anything substantial to provide relief to the common […]

Budget very disappointing for JK: Farooq Abdullah

Srinagar: Former chief minister and National Conference president Dr Farooq Abdullah Monday said that it was “very disappointing” that the Govenrment of Indian did not announce any special allocations for Jammu and Kashmir. “It is very disappointing that the Union Finance minister did not announce any special allocation for the state and especially for Kashmir,” […]

Div Com distributes relief cheques among traders

Srinagar: Divisional Commissioner Kashmir Dr. Asgar Hassan Samoon today distributed relief cheques among traders from Srinagar and Kulgam districts. The government has already ordered that all flood affected traders should be compensated within the next ten days and in the initial phase only non-insured shopkeepers are being covered whose business turnover is upto Rs 5 […]

Kashmir goods transporters blame tax officials of discrimination

Srinagar: Kashmir goods transporters today claimed that they are being harassed at different check points by sales and commercial tax officials from Punjab to Srinagar, and threatened that they will stop doing their business if the government does not address their issues. President J&K Goods Transport Companies Association, MS Ronga said in a press conference […]

NABARD organizes State Credit Seminar, felicitates SHGs

JAMMU:– Union Minister of State (Independent Charge) for Development of North Eastern Region and MOS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh  released the “State Focus Paper-2016-17” of National Bank of Agriculture & Rural Development (NABARD) for Jammu and Kashmir at a day-long seminar organized by the NABARD here today. […]

Federation of Industries Kashmir and Jammu meets Governor

Jammu:-A joint delegation of Federation of Industries, Jammu (FOIJ) and Federation Chamber of Industries Kashmir (FCIK), met Governor N.N Vohra, at the Civil Secretariat here today. The delegation discussed with the Governor various issues regarding the development of the industrial sector in the State. The matters raised included the need of taking various measures for […]

Agriculture dept takes stock of tree spray oil availability

SRINAGAR: Law Enforcement wing of Department of Agriculture Kashmir today took stock availability of various tree spray oils being distributed in various districts of Valley.   During the inspection in District Pulwama and Shopian, the team headed by District Law Enforcement  Officer Anantnag and Pulwama inspected the main Godowns of Manufacturing Companies of Bharat Petroleum […]

Economic Survey hints at higher tax on gold

The Economic Survey for 2015-16 has hinted at higher taxes on gold. While Survey has not pointed out in which form that could be, the analyst fraternity is ruling out a cut in import duty. Instead, a small excise duty, which could be around 2 per cent on jewellery manufacturing, looks possible. The Survey has […]

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