KV Network

Govt Authorizes 50% Funds under Revenue Budget, orders avoiding ‘wasteful expenditure’

Govt Authorizes 50% Funds under Revenue Budget, orders avoiding ‘wasteful expenditure’

Srinagar, Mar 31: The government on Thursday accorded authorization of 50% of funds under Revenue Budget for the financial year 2022-23 except for nine ‘detailed heads’ and ordered that “focus of expenditure should be outcome based and wasteful expenditure should be avoided.   “Sanction is hereby accorded to the authorization of 50% of funds under Revenue […]

 KV Network

India logs 1,225 fresh COVID-19 cases, 28 deaths

India logs 1,225 fresh COVID-19 cases, 28 deaths

New Delhi, Mar 31 (PTI) With 1,225 new coronavirus infections reported in a day, India’s infection tally rose to 4,30,24,440, while the active cases dipped to 14,307, the Union health ministry said on Thursday. The death toll climbed to 5,21,129 with 28 fresh fatalities, the ministry data updated at 8 am stated. The active cases comprise […]

 KV Network

20 residential houses damaged in midnight blaze at Noorbagh in old city

20 residential houses damaged in midnight blaze at Noorbagh in old city

Srinagar, Mar 31: At least 20 single—storey residential houses were damaged in a fire incident at Noorbagh area of Srinagar. An official said that a massive fire broke out at Gata Colony at Noorbagh area in the intervening night of Wednesday-Thursday. In the incident, 20 residential houses belonging to Bashir Ahmad Sheikh, Ghulam Ahmad Sheikh, […]

 KV Network

Three-headed sculpture of Lord Vishnu recovered from Jhelum in South Kashmir

Three-headed sculpture of Lord Vishnu recovered from Jhelum in South Kashmir

Jammu, Mar 31 (PTI) In a rare archaeological find, a three-headed sculpture of Lord Vishnu, which dates back to 9th century, was found in Jhelum river during extraction of sand in South Kashmir’s Pulwama district, officials said on Wednesday. The sculpture was recovered by some labourers and was handed over to officials at Kakapura police […]

 KV Network

India has safeguards in place to mitigate risks from capital flows: IMF

India has safeguards in place to mitigate risks from capital flows: IMF

Washington, Mar 31 (PTI) India, which has received a record number of foreign direct investment during the last few years despite COVID-19 crisis, has quite a few safeguards in place to mitigate the risks from capital flows, the International Monetary Fund said Wednesday. Capital flows have several benefits. They finance needed investments. They help insure […]

 KV Network

Petrol, Diesel prices hiked by 80 paise

Petrol, Diesel prices hiked by 80 paise

New Delhi, Mar 31 (PTI) Petrol and diesel prices were on Thursday hiked by 80 paise a litre each, taking the total increase in rates in the last 10 days to Rs 6.40 per litre. Petrol in Delhi will now cost Rs 101.81 per litre as against Rs 101.01 previously while diesel rates have gone […]

 KV Network

Jmu—Sgr Highway reopens for traffic

Jmu—Sgr Highway reopens for traffic

Udhampur, Mar 31: The Jammu-Srinagar highway was reopened for vehicular movement on Thursday after remaining closed for few hours due to massive landslide in Udhampur district, officials said. “Jammu—Srinagar National Highway which was closed last evening as major landslide struck the highway at Dewal bridge near Samroli around 08:00 pm, is now partially through (single […]

 KV Network

CS urges banks to ramp up lending: Terms it necessary for increased economic activity

JAMMU: Saying that credit contraction is a big drag on growing economy like J&K, the Chief Secretary, Dr. Arun Kumar Mehta Wednesday asked the banks to ramp up lending to enable J&K to keep up the ongoing growth momentum. He said that rising tourist arrivals and plummeting unemployment rate would start showing results, if banks […]

 KV Network

Capitalise on the gains

Capitalise on the gains

Who would have though just a few months or even weeks back that Srinagar airport will emerge as one of the busiest airports in the country? Just on th first day of this week the Srinagar International Airport marked the busiest day in its history, handling 15,0 14 passengers who boarded 90 flights to travel […]

 KV Network

Significance of Ramadhan

Significance of Ramadhan

Vinod Chandrashekhar Dixit Ramadan – for Muslims, the month long celebration which commemorates Allah, the Arabic name for God, giving the first verses of the Quran, the Muslim holy book, to the Prophet Muhammad (PBUH) in the year 610 A.D. The date of Ramadan varies each year and is determined by the cycles of the […]