Biz and Economy

 KV Network

Goyal to present interim Budget 2019-20 on Feb 1 

Goyal to present interim Budget 2019-20 on Feb 1 

New Delhi: Keeping up with the tradition, the Narendra Modi-led government ahead of the general election will present an interim Budget on February 1, which is widely expected to contain certain sops for farmers and middle class. The last Budget of the present NDA government is likely to be presented by interim Finance Minister Piyush […]

 KV Network

J&K Bank inks MoU with Infomerics

J&K Bank inks MoU with Infomerics

Srinagar: J&K Bank entered into an MoU with Infomerics, a SEBI registered and Reserve Bank India accredited rating agency at the Corporate Headquarters of the Bank at Srinagar today. The MoU was signed by Bank’s Vice President and Chief Risk Officer, Fayaz Ahmad Zargar and Director, Infomerics Suraj Pratap Malik in presence of Chairman & […]

 KV Network

Indigo to operate daily direct Srinagar-Bengaluru flights

Indigo to operate daily direct Srinagar-Bengaluru flights

Advisor welcomes, says Govt keen to increase tourist inflow from South India

Jammu: Advisor to the Governor, Khurshid Ahmed Ganai, Tuesday welcomed the decision of Indigo Airlines to operate daily direct flights between Srinagar and Bengaluru from February 15 next month. In his message, Ganai, who is in-charge of the Tourism Department, said direct flights from Bengaluru to Srinagar on daily basis will give a huge fillip […]

 KV Network

SAC nods Toll Tax exemption for special development projects

SAC nods Toll Tax exemption for special development projects

Jammu: The State Administrative Council (SAC) which met here today under the chairmanship of Governor, Satya Pal Malik accorded sanction to the exemption of Toll Tax on machinery, equipment and key input materials being brought to the State for special projects like those under PMDP, National Highways, Airports, Railways, Educational and Medical Institutions etc. Such […]

 KV Network

J&K Bank 9 months profit grows 43% to 250 Crore

J&K Bank 9 months profit grows 43% to 250 Crore

Targeting a profit of  Rs 2000 Cr in FY 2022: Bank

Jammu: J&K Bank, the state owned premier financial institution today announced its results for the quarter & 09 months ended 31st December 2018 after the reviewed results of the Bank were adopted by the Board of Directors of the Bank in a meeting held at the Jammu. The Bank reported a 43% increase in its net […]

 KV Network

J&K Governor’s Admin opts to enhance threshold, composition limit under GST

J&K Governor’s Admin opts to enhance threshold, composition limit under GST

New Delhi: &K Governor’s Administration has decided to enhance threshold, composition limit under GST as proposed by the GST Council in its 32nd meeting held here today. The 32nd GST Council meeting was held under the Chairmanship of Union Finance Minister, Arun Jaitley. The State of Jammu and Kashmir was represented by Advisor to Governor, […]

 KV Network

J&K Bank inaugurates ATM at Khyber Medical Institute

J&K Bank inaugurates ATM at Khyber Medical Institute

Srinagar: With a view to facilitate patients and their attendants as well as general public, J&K Bank on Wednesday commissioned an Automated Teller Machine (ATM) inside the premises of Khyber Medical Institute here at Srinagar. Zonal Head Kashmir Central 1 Tabassum Nazir inaugurated the ATM in presence of Cluster Heads Bashir Ahmad Sundroo and Fayaz Ahmad, […]

 KV Network

Socio-economic development State is paramount for us: CEO J&K Bank

Socio-economic development State is paramount for us: CEO J&K Bank

Kashmir Traders & Manufacturers Federation delegation meets Chairman & CEO J&K Bank

Srinagar: Kashmir Traders & Manufacturers Federation called upon the Chairman & CEO J&K Bank Parvez Ahmed today at the Corporate Headquarters. The delegation discussed various issues faced by the business community of the state in presence of Bank’s Executive Presidents P K Tickoo, R K Chibber, Abdul Rashid Sheigan, Presidents Mohammad Younis Pattoo, Mohammad Maqbool Lone […]

 KV Network

State Tax deptt continues drive against tax defaulters

State Tax deptt continues drive against tax defaulters

Srinagar: Continuing with the drive against the tax defaulters, the Enforcement team led by Manzoor Ahmad Bhat, Additional Commissioner, State Taxes, (Administration & Enforcement) Kashmir along with State Taxes Officers of the department carried out inspections of dealers falling within the territorial jurisdiction of Districts of Srinagar and Ganderbal. The documents of the defaulting dealers […]

 Press Trust of India

Quota Bill: Muddled thinking, may have serious political, eco impact: Amartya Sen

Quota Bill: Muddled thinking, may have serious political, eco impact: Amartya Sen

Kolkata: Nobel laureate economist Amartya Sen Wednesday described the proposed 10 per cent reservation for economically backward people in the general category as a “muddled thinking” that raises serious question about its political and economic impact. He also said the Modi government sustained the “high economic growth” achieved during the UPA regime, but that did […]