BUSINESS

ECHBO seek financial assistance

Srinagar: While seeking financial assistance from the government Economic Class House Boat Owners Tuesday said that they are yet to receive any sort of post September 2014 flood relief due to which they are facing tremendous hardships. Addressing a news conference in Srinagar, president ECHBO, Noor Muhammad Zaindari said they are beset with multiple problems […]

LMD to establish advanced labs to improve accuracy of weighing, measuring instruments

JAMMU: The Legal Metrology Department (LMD) is set to establish technically advanced laboratories in the State to improve the accuracy of weighing and measuring instruments. “While Secondary Standard Laboratories, with one each at Srinagar and Jammu, would be established by LMD at provincial level, Working Standard Laboratories would be established in each district,” Minister for […]

Japan set to clinch deal for India’s first bullet train

NEW DELHI: Japan is expected to win the right to construct India’s first bullet train, after losing an Indonesian high-speed rail deal to China, the Nikkei business daily reported on Tuesday. Japan will offer more than 1 trillion yen ($8.11 billion) in loans to construct India’s Rs 98,000 crore fast train, according to the report. […]

JK Excise Dept foils smuggling bid of willow clefts

SRINAGAR: Jammu and Kashmir Excise and Taxation department today foiled a bid to smuggle 4,450 willow clefts to NewDelhi from the state.  The alert team of Excise and Taxation department Lakhanpur foiled an attempt to smuggle 4,450 willow clefts from Jammu and Kashmir to New Delhi, an official spokesman said.  The clefts were found hidden […]

Emirates bags ‘Best Airline’ award

NEW DELHI: Emirates Airline, a global connector of people, places and economies, was recently honoured with the award for favorite international airline, 2015 category at the fifth Conde Nast Traveller Readers’ Travel Awards, India. Presented by the magazine’s India edition, the awards are globally renowned and considered among the most prestigious in the industry. The […]

Now Sajad Presents Vision Document For Live Stock Revival

JAMMU: In order to give fresh impetus to live stock sector in Jammu and Kashmir, a vision document 2025 was discussed at a high level meeting of Animal and Sheep Husbandry department officers here today.  Minister for Animal/Sheep Husbandry, Fisheries and Science & Technology, Mr. Sajad Ahmad Lone who has devised the vision document himself […]

Bhatinda-Srinagar gas pipeline: Mehbooba raises issue in Lok Sabha

New Delhi, December 7: The Government of India today said the route survey and Detailed Feasibility Report (DFR) has been completed for laying Bhatinda-Jammu-Srinagar gas pipeline. In a written reply to a question regarding the status of the Bhatinda-Jammu-Srinagar gas pipeline project, raised by Member Parliament, Ms Mehbooba Mufti in the Lok Sabha, the Union […]

India, Iran discuss undersea gas pipeline bypassing Pak

NEW DELHI: A senior Iranian official said on Monday that negotiations are being held to build a $4.5 billion undersea gas pipeline from Iran to Indian west coast following India’s rejection of the proposal for an onland pipeline that would pass through Pakistan. “Negotiations are under serious consideration,” said National Iranian Gas Export Company managing […]

Fitch says ‘stable’ India to grow at 7.5 percent

MUMBAI: Maintaining a stable outlook for India, ratings agency Fitch on Monday said the country’s economy will grow by 7.5 percent in the current fiscal that will stand out globally, but warned that its business environment would remain weak despite improvements. It has also forecast an 8 percent growth rate for India in 2016-17. The […]

Govt to Conduct Land Survey in Chenab Valley

JAMMU: Minister for Agriculture Mr. Ghulam Nabi Lone Hanjura Monday directed the Agriculture Department and SKUAST Jammu to conduct joint survey in Chenab Valley to give a boost to the production of maize and peas in the area. He asked to constitute a committee in this regard and submit a detailed report in this regard […]

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