Biz and Economy

 KV News

Mutton rate fixed at Rs 480 per Kg across Kashmir

Mutton rate fixed at Rs 480 per Kg across Kashmir

SRINAGAR: Government on Monday announced the rates of mutton in Kashmir valley, an official spokesman said here. He said that Divisional Commissioner, Kashmir Pandurang K Pole chaired a meeting of Rate Fixation Committee and fixed rates of mutton at Rs 480 (retail) and Rs 450 as (wholesale) rates in Kashmir. At the outset, the Div […]

 Press Trust of India

Slump in economy: NPAs delaying recovery, say Ex-RBI governors

Mumbai: Domestic banks, which have the highest bad loan pile in the world, pose a huge risk to the recovery of the pandemic-ravaged economy unless the government rescues them, four former Reserve Bank governors warn in a soon-to-be-released book. While Raghuram Rajan blames excessive investments by companies and the exuberance of bankers, coupled with inability […]

 KV News

LMD books 205 erring traders

LMD books 205 erring traders

SRINAGAR: The field executives of the Legal Metrology department has conducted 2605 market inspections, booked 205 erring traders and penalized for violating Legal Metrology Laws during the month of October, 2020. During the inspections, a sum of Rs. 65,200 was recovered from the erring traders including grocery-shops, vegetable-sellers, mutton-sellers, poultry-sellers etc. And in addition to […]

 KV News

HDFC Bank offers cash backs, prizes for merchants to encourage digital transactions

HDFC Bank offers cash backs, prizes for merchants to encourage digital transactions

Srinagar: With a view to further drive digital payment adoption among the merchant segment, HDFC Bank has launched cashbacks/offers for small and medium sized merchants across metro, semi urban and rural markets. The campaign, called ‘Tees pe Treat’, for merchants, began in October will cover the entire festive season till the end of the year. […]

 Press Trust of India

At ‘Ekta Mall’ inauguration PM Modi visits JK stall

At ‘Ekta Mall’ inauguration PM Modi visits JK stall

Kevadiya (Guj): Prime Minister Narendra Modi on Friday inaugurated ‘Ekta Mall’, a special store constructed near the Statue of Unity here where tourists can buy handloom and handicraft products belonging to different states under one roof. After inaugurating the outlet, Modi spent a considerable amount of time at stalls selling traditional items from Jammu and […]

 KV News

Udhampur tops list in transparent distribution of rations

UDHAMPUR: District Udhampur has managed to create a niche in transparent distribution of ration with almost 100% implementation of Adhar based transaction and real time monitoring through a well established ombudsman. For ensuring ration distribution to every eligible person, District Development Commissioner, Dr Piyush Singla has constituted a permanent committee to monitor the dispensing of […]

 Press Trust of India

China setting up world’s highest-altitude data centre in Tibet

China setting up world’s highest-altitude data centre in Tibet

Beijing: China is building the world’s highest-altitude cloud computing data centre in Tibet that will meet the data storage needs of the country and South Asian nations like Nepal, Bangladesh and Pakistan, official media reported On Thursday. The data centre is located in a high-tech zone of the Tibetan regional capital city of Lhasa located […]

 Jahangeer Ganaie

Too late for introducing MIS scheme, say apple growers

Too late for introducing MIS scheme, say apple growers

Pulwama: Apple growers from different areas of south Kashmir have questioned the government’s move of introducing the Market Intervention Scheme (MIS) for the apple crop. The growers say that most of the produce has already been sold in different markets or stored in cold chains. “This year the apple produce in most of the areas […]

 KV News

Govt’s 5 % interest subvention a game-changer: JK Bank CMD

Govt’s 5 % interest subvention a game-changer: JK Bank CMD

‘More than 2 lac J&K Bank borrowers to benefit from it’

Srinagar: Hailing the J&K government, under the leadership of Lieutenant Governor Manoj Sinha, for its timely intervention through an economic package for the business community of the Union Territory, J&K Bank Chairman and Managing Director R K Chhibber asserted that the bank will ensure that all relief measures, including the interest subvention is promptly passed […]

 Press Trust of India

Centre amends law to establish JKIDC

Jammu: The Centre on Tuesday amended the Jammu and Kashmir Development Act, 1970 for setting up an industrial development corporation for rapid establishment, growth and development of industries in the union territory. The amendment to the Act was made through a notification issued by the Ministry of Home Affairs, which inserted a new chapter in […]