Biz and Economy

 KV News

Navin Choudhary inaugurates Buyer- Seller meet at Srinagar

Navin Choudhary inaugurates Buyer- Seller meet at Srinagar

SRINAGAR: Principal Secretary, Horticulture Department, Navin Kumar Choudhary, today inaugurated a Buyer- Seller meet-cum-Horticulture Mela organized by the Department of Horticulture Kashmir on the pattern of Sunday market in the premises of Directorate of Horticulture Rajbagh Srinagar today. Director Horticulture Kashmir, Ajaz Ahmad Bhat and other concerned officers and officials were present on the occasion. […]

 KV News

Maximum halt time reduces at Lakhanpur with effective measures

2500 LMVs, 2800 trucks pass in 24 hours; 6000-7000 people cross Lakhanpur everyday

KATHUA: With improvement in situation at Lakhanpur, the authorities have managed to reduce halt timing of the commuters to 10 – 15 minutes as a result almost 2500 LMVs and 2800 trucks passed through the inter-UT/State border in last 24 hours. The process of entry and exit of passengers has been improved by augmenting covid-19 […]

 KV News

Advisor Bhatnagar visits construction site of Z-Morh Tunnel in Ganderbal

Inspects ongoing works, other allied infrastructure

GANDERBAL: Advisor to Lieutenant Governor, Rajeev Rai Bhatnagar today visited the construction site of Z- Morh tunnel  and inspected the ongoing works there. During the visit, Advisor Bhatnagar was briefed about the current status of the project and the expected date of completion. He was also briefed about the safety features of the project and […]

 KV Correspondent

HDFC Bank reports 18.4% jump in Q2 profit

HDFC Bank reports 18.4% jump in Q2 profit

Srinagar: The Board of Directors of HDFC Bank Limited approved the Bank’s (Indian GAAP) results for the quarter and half year ended September 30, 2020, at their meeting held in Mumbai on. The Bank’s net revenues grew to Rs 21,868.8 crore for the quarter ended September 30, 2020 from Rs19,103.8 for the quarter ended September […]

 KV News

J&K Bank opens fresh currency counter at Vaishno Devi Bhawan

Jammu: In view of Navratri, J&K Bank Business Unit Vaishno Devi Bhawan (SMVDB) Saturday established a special counter to offer Fresh Cash Currency and Note Exchange to the devotees visiting Shri Mata Vaishno Devi Shrine. The facility of fresh currency notes has been started to facilitate the large number of devotees coming here from different […]

 KV News

65 hectares of land being brought under Pea cultivation at Organic Village

SRINAGAR: As an alternative to the traditional crops, the Director Agriculture Kashmir, Altaf Aijaz Andrabi Saturday kick started sowing of peas over an area of 65 Hectare at Organic Vegetable Village Patalbagh Pampore. Director on the occasion highlighted the need of adopting modern and smart agricultural practices with latest trends around the globe, to earn […]

 KV News

Registration on GeM portal: DIC Anantnag kick starts e-Training

ANANTNAG: District Industries Center Friday launched one day online training programme for registration of MSME units on GeM portal at District Headquarter Anantnag. This programme, initiated by Government e-Market place (GeM), Union Ministry of Commerce, is aimed at to facilitate MSME unit holders of J&K with ample opportunities of national market. District Development Commissioner, Anantnag, […]

 KV News

Comprehensive strategy to boost sale, marketability of Handicraft products: Govt

SRINAGAR: Advisor to Lieutenant Governor, K K Sharma Friday directed for framing a comprehensive marketing strategy so that the handicraft, handloom and other handmade craft items from J&K can be marketed in very effective manner pan India and globally increasing their reach and also contributing to their market increase. The Advisor was speaking at the […]

 Press Trust of India

Countries need to rebuild fiscal buffers: IMF

Countries need to rebuild fiscal buffers: IMF

Washington: The International Monetary Fund said on Wednesday that the governments around the world have responded to the COVID-19 pandemic with discretionary fiscal measures amounting to USD 11.7 trillion and now they will have to rebuild the fiscal buffers over the medium-term to long-term period. Swift and decisive fiscal action was crucial to save lives, […]

 Press Trust of India

Indian economy to bounce back with 8.8% growth in 2021

Indian economy to bounce back with 8.8% growth in 2021

Washington: The Indian economy, severely hit by the coronavirus pandemic, is projected to contract by a massive 10.3 per cent this year, the International Monetary Fund said on Tuesday. However, India is likely to bounce back with an impressive 8.8 per cent growth rate in 2021, thus regaining the position of the fastest growing emerging […]