BUSINESS

ADDC Kulgam stresses for timely availability of quality fertilizers, seeds

KULGAM: In order to ensure timely availability of quality fertilizers and seeds for the farmers of the district at government approved rates, the Additional District Development Commissioner Kulgam,   today convened a meeting of concerned officers, fertilizer dealers,  farmers and horticulturists, here at Mini Secretariat. The ADDC stressed upon the officers of horticulture and agriculture […]

Iran rejects oil freeze call as ‘joke’

Tehran:- Iran on Tuesday vehemently rejected any possibility that it will stop increasing its oil production with the country’s oil minister Bijan Zangeneh mocking any request on Tehran to that effect as “a joke”. “Some countries that are producing above 10 million barrels per day (bpd) have called on Iran to freeze its production at […]

US spied on UN to protect oil firms: WikiLeaks

New York:- According to WikiLeaks which published highly sensitive documents on its website on Tuesday, NSA had bugged meetings between UN Secretary General Ban Ki-Moon and German Chancellor Angela Merkel, between Israeli Prime Minister Benjamin Netanyahu and former Italian Prime Minister Silvio Berlusconi, as well as talks of key EU and Japanese trade ministers on […]

Chairman JK Bank calls on Guv

JAMMU:-Mushtaq Ahmad, Chairman, Jammu and Kashmir Bank, called on Governor N. N. Vohra, at the Raj Bhavan, here today and apprised the Governor about Bank’s financial results for the 3rd Quarter.  The Governor complimented Chairman Mushtaq Ahmad over the significant enhancements achieved in several areas of functioning during the 3rd Quarter, particularly in regard to […]

Market Checking intensified in Srinagar. Rs 1 lakh realized from defaulters

SRINAGAR:- On the directions of Divisional Commissioner Kashmir, a market checking squad conducted checking at various areas in Srinagar city. The joint checking squad comprising officials of SMC, CA&PD and Legal Metrology headed by Sub Divisional Magistrate Srinagar Syed Haneef Balkhi inspected various markets of Srinagar city including Hari Singh High Street, Karanagar, Soura, SMHS, […]

7.6 per cent growth for this year very, very significant: Finance Ministry

NEW DELHI:-Terming the projected 7.6 per cent growth for the current fiscal as “very, very significant”, Economic Affairs Secretary Shaktikanta Das on Monday expressed the government’s commitment to work towards boosting economic growth. The statement assumes significance as it comes just a week before the presentation of Budget 2016-17 by Finance Minister Arun Jaitley in […]

Four banks planning to sell Kingfisher Airlines’ assets to ARCs

As many as four banks are contemplating selling assets of beleaguered air carrier Kingfisher Airlines to asset reconstruction companies (ARCs) to recover part of their dues. Led by SBI, the 17 bank consortium is struggling to recover Rs 6,963 crore debt due from Kingfisher Airlines. “Three-four banks are looking for stake sale to ARCs to […]

IMF gives Christine Lagarde second term as managing director

The International Monetary Fund said Friday it is giving managing director Christine Lagarde a second five-year term. Lagarde, the first woman to hold the post, was the only candidate nominated. Her new term starts July 5. Lagarde, 60, was named the IMF’s 11th managing director in 2011. She has led the multinational lending agency through […]

J&K receive encouraging response at OTM travel trade show

JAMMU:  The stalls set up by the Department of Tourism Jammu and Kashmir and various organisations associated with travel trade and hospitality sector during the OTM Travel and Trade show at Mumbai received an encouraging response from the visitors who showed keen interest in the destinations and tourism products showcased . Pertinent to mention that […]

Matching infrastructure key to industrial growth: Ganai

Jammu: Maintaining that infrastructure is key to development and catalyzing industrial growth, the Advisor to Governor, Mr Kurshid Ganai today said J&K should take cue from other states and countries with similar agro-climatic conditions to augment industrial infrastructure in the State in tune with its environment. The Advisor was speaking at a seminar titled “Sustainable […]

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