JKEDI Screening Committee holds 2nd meeting at Jammu to evaluate Startups for Seed Fund
JAMMU: The Screening Committee constituted under the Jammu and Kashmir Startup Policy 2024–27 convened its second meeting at the Jammu and Kashmir Entrepreneurship Development Institute’s (JKEDI), Bari Brahmana campus Jammu to screen and evaluate the applications for grant of seed fund assistance to eligible startups of the Union Territory. The meeting was chaired by Khalid […]
RBI has kept possibility of future rate cuts open: Report
Kolkata: The Reserve Bank of India (RBI) has kept the possibility of future rate cuts open, with its monetary policy committee (MPC) sharply revising its inflation forecast downwards, according to a recent report by Crisil Intelligence. The central bank had on October 1 kept its policy interest rate unchanged at 5.5 per cent for the […]
Gold prices new barometer of global uncertainty like crude oil in past: RBI Governor
Says India anchor of stability in volatile world New Delhi: RBI Governor Sanjay Malhotra on Friday said perhaps gold price is acting as a new barometer reflecting global uncertainties as the crude oil used to be in the recent past. While mentioning that fiscally almost every country today is “quite stressed”, Malhotra also said current […]
BRO scripts history in Ladakh; surpasses its own Guinness World Record for highest motorable road
Leh: The Border Roads Organisation’s ‘Project Himank’ has once again created history by surpassing its own Guinness World Record for the highest motorable road. The team successfully reached Mig La Pass at an altitude of 19,400 feet on Likaru-Mig La-Fukche road alignment in Leh district, overtaking the previous record set at Umling La (19,024 feet), […]
FM introduces insolvency law amendment bill in LS
Says changes aim to reduce delays New Delhi: The government on Tuesday introduced a bill in the Lok Sabha to amend the insolvency law, proposing an out-of-court mechanism to address genuine business failures, group and cross-border insolvency frameworks. Finance and Corporate Affairs Minister Nirmala Sitharaman introduced the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, which […]
Sitharaman withdraws Income Tax Bill in Lok Sabha
New Bill to be introduced on Aug 11 New Delhi: Finance Minister Nirmala Sitharaman on Friday withdrew the Income Tax Bill, 2025, in the Lok Sabha, and the government will come out with an updated version of the legislation after incorporating changes suggested by the Select Committee. A new version of the Income Tax Bill […]
Losses on LPG: Cabinet approves Rs 30,000 Cr subsidy to compensate oil firms
New Delhi: The Union Cabinet on Friday approved Rs 30,000 crore LPG subsidy to state-run oil companies — Indian Oil Corporation (IOC), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) — to compensate for losses incurred from selling LPG at below cost over the past 15 months. The compensation to oil marketing companies (OMCs) will be […]
Aadhaar OTP verification now mandatory for online Tatkal booking: Railways
Jammu: Railway authorities have officially mandated Aadhaar verification through OTP for online ticket bookings under the Tatkal system across the country, a senior railway official said on Wednesday. Senior Divisional Commercial Manager, Jammu Division, Northern Railway, Uchit Singhal announced that from July 15 onwards, Aadhaar OTP verification became mandatory for online Tatkal booking. Singhal emphasised […]
Piyush Goyal Addresses Traders’ Conclave – 2025 in Srinagar
“Vocal for Local is the pathway to Viksit Bharat,” says Piyush Goyal Srinagar: Union Minister of Commerce and Industry, Piyush Goyal, addressed the Traders’ Conclave – 2025, organised by the Federation of Trade and Industry of India (FTII) at SKICC Srinagar today. The conclave celebrated the vital contribution of traders, entrepreneurs, and business leaders in […]
India records USD 13.5 bn current account surplus in Q4FY25: RBI
Mumbai: India’s current account balance recorded a surplus of USD 13.5 billion (1.3 per cent of GDP) in January-March quarter of 2024-25 as compared with USD 4.6 billion (0.5 per cent of GDP) in the year-ago period, RBI said on Friday. The current account was in deficit of USD 11.3 billion (1.1 per cent of […]