Biz and Economy

 KV News

J&K Bank receives additional capital of Rs 500 Cr from govt

J&K Bank receives additional capital of Rs 500 Cr from govt

Capital will give impetus to our business expansion plan: CMD

SRINAGAR: In a major boost to its capital adequacy, J&K Bank Thursday received Rs 500 Cr from Government of J&K UT as capital to acquire over 16.76 Cr shares in the Bank. Pertinently, Reserve Bank of India (RBI) recently allowed the J&K UT Government to acquire over 16.76 Cr shares in the Bank on preferential […]

 KV News

Union MoS, Som Parkash interacts with representatives of Trade bodies

SRINAGAR: Union Minister of State for Industries and Commerce (I&C), Som Parkash Thursday interacted with the representatives of various trade bodies of Kashmir at SKICC, Srinagar. The delegation comprised of the representatives of Federation Chamber of Industries Kashmir (FCIK), Kashmir Chamber of Commerce and Industry (KCCI), PHD Chamber of Commerce and Industry (PHDCCI), Confederation of […]

 KV News

Pine needle based handicraft training conducted

RAJOURI: Handicrafts Training with Pine (Chir) needles as raw material was conducted in Sunderbani Range with the aim to generate livelihood among local youth and to prevent the forest fires, for which chir pine needles act as fuel. Every year forest fires occur in Nowshera Forest Division causing loss of forest and wildlife. Collection and […]

 KV News

UMEED scheme turns housewife turns into successful entrepreneur

SRINAGAR: A Self Help Group (SHG) member, Koushaliya Devi shares her inspiring story from rags to riches with the assistance of UMEED scheme of J&K Rural Livelihoods Mission. Koushaliya, who belongs to village Bali, Chenani of district Udhampur was living a very hard life and it was very difficult for her to make both the […]

 KV News

J&K Bank conducts DLRCC meet in Srinagar

SRINAGAR: To review the progress of banks in Srinagar district under Annual Credit Plan (ACP-2021-22) for the quarter ended June 2021, the J&K Bank Wednesday conducted District Level Review cum Consultative Committee (DLRCC) meeting. The meeting was chaired by District Development Commissioner (DDC) Srinagar, Muhammed Aijaz Asad. The meeting was attended by Chief Planning Officer […]

 KV News

J&K Bank opens new business unit at Arai in Poonch

POONCH: Continuing with its policy of extending state-of-the-art banking facilities to the people irrespective of location and status, J&K Bank Tuesday commissioned a full-fledged Business Unit (BU) at Arai in Mandi tehsil of District Poonch. The opening of this new Business Unit takes the number of Business Units in the Bank’s Jammu (West) Rajouri Zone […]

 Press Trust of India

Retail inflation eases to 5.3 pc in Aug as food prices soften

New Delhi: Subdued prices of food items like vegetables pulled down retail inflation for the third month in a row to 5.3 per cent in August, within the RBI’s comfort zone. While the Consumer Price Index (CPI)-based retail inflation declined to 5.3 per cent in August from 6.69 per cent in the same month a […]

 KV News

Union Minister for Railways, Communications visits Reasi

Convenes Public outreach camp

REASI: As part of Union Government’s public outreach programme for Jammu and Kashmir, the Union Minister for Railways and Communications, Ashwini Vaishnaw visited the Reasi district on Monday. The Union Minister inspected exhibition stalls installed by various departments showcasing their activities, schemes and hand-made products of Self-Help Groups (SHG) supported under Jammu and Kashmir Rural […]

 KV News

Union Minister of State for Defence, Tourism reviews Tourism landscape

Flags off Mountain Biking expedition, meets stakeholders of Tourism sector

SRINAGAR: As part of Union Government’s public outreach programme for Jammu and Kashmir, Union Minister of State for Defence and Tourism, Ajay Bhatt Saturday had a detailed interaction with the officials of Jammu & Kashmir Tourism Department at Royal Springs Golf Course at Srinagar. Besides, Bhatt met various stakeholders associated with the tourism sector of […]

 KV News

Tourism Deptt concludes promotional campaign at Kolkatta

Chariot ride, interactions part of the concluding programme

SRINAGAR: Tourism Department concluded its successful promotional campaign in Kolkatta by organizing a unique, colorful Chariot ride at the famous Victoria Palace. The innovative method of promotion mesmerised the locals and invoked huge response from the local media, travel trade fraternity especially TAAB, TAAI and other travel bodies of Kolkatta. The chariots were decorated with […]