Biz and Economy

 KV News

J&K Bank approves plan to raise 4500 Cr Capital

J&K Bank approves plan to raise 4500 Cr Capital

Srinagar: The Jammu & Kashmir Bank’s Board-of-Directors have approved the bank’s plan to raise capital up to Rs 4500 Cr in the current financial year. During a meeting chaired by the bank’s CMD R K Chhibber at the bank’s headquarters through video conferencing, the board approved the proposal of ‘raising Equity Share Capital up to […]

 KV News

SKUAST-K conducts training programme on ‘achieving zero hunger by 2030’

SKUAST-K conducts training programme on ‘achieving zero hunger by 2030’

Srinagar: An online Training Programme on “Achieving Zero Hunger by 2030” organized by Faculty of Veterinary Sciences and Animal Husbandry, SKUAST-Kashmir with support of world bank funded National Agricultural Higher Education Project ended on Friday. The programme was organized from 17th of this month and ended after ten days of brain storming sessions, a spokesman […]

 KV News

Advisor Sharma meets Business Community in Jammu

Advisor Sharma meets Business Community in Jammu

Assures relief and revival of business sector in JK

JAMMU: Advisor to Lt Governor, KK Sharma Saturday met various Business Associations at Udhyog Bhawan here to discuss revival of Business Sector in Jammu and Kashmir. Financial Commissioner, Finance, Dr Arun Mehta, Commissioner Secretary Industries and Commerce, Manoj Kumar Dwivedi, Commissioner Secretary Tourism, Zubair Ahmad attended the meeting through video conferencing while other senior officers […]

 KV News

Official stresses on revitalization of Super Bazaars on commercial lines

SRINAGAR: Principal Secretary Animal/Sheep Husbandry, Fisheries and Cooperative Departments, Navin Kumar Choudhary Thursday sought revitalization of the Super Bazars of Cooperative department on commercial lines. Chairing a meeting held to review the working of these business units, he asked the management to adopt the modern technology of doing business, including interlocution of online service and […]

 KV News

First virtual edition of Indian carpet expo concludes

First virtual edition of Indian carpet expo concludes

NEW DELHI: The first Virtual Edition of 40th Indian Carpet Expo, an exclusive trade fair for Handmade carpets and other floor-coverings, organized by Carpet Export Promotion Councilx concluded here Wednesday. This initiative of CEPC was aimed at to bridge the gap between Indian products and demand of Handmade Carpets and floor coverings across the globe […]

 Press Trust of India

Covid-19: RBI says demand recovery taking more time

Covid-19: RBI says demand recovery taking more time

Mumbai: The Reserve Bank of India (RBI) on Tuesday said demand in the economy will take quite some time to mend, and regaining pre-COVID-19 levels will depend on government consumption. In its latest annual report, RBI said “deep-seats and wide-ranging” reforms are needed to regain losses and return to the path of sustainable economic growth. […]

 KV News

FCS&CA department suspends four officials, black lists dealer

FCS&CA department suspends four officials, black lists dealer

SRINAGAR: The Department of Food, Civil Supplies and Consumer Affairs, Monday suspended four officials in connection with the issues pertaining to black marketing of Kerosene Oil in Pulwama District and Jammu and Kashmir Food Entitlement Scheme Ration (JKFES Ration) in Jammu District. Three officials who have been suspended in connection with the black marketing of […]

 KV News

Digitisation of revenue records : All Jamabandies to be prepared by September end: Officials

Say E-stamping would help govt save Rs 30 cr

SRINAGAR: Principal Secretary and Financial Commissioner Revenue, Dr Pawan Kotwal, Monday asked the revenue officials to gear up for the new system of land measurement that is more prompt and highly accurate. Pertinently, Continuous Operating Reference Station (CORS) is the modern system of measuring land that is equipped with a dish antenna linked with a […]

 KV News

LMD penalizes retailers for inadequate labeling on face masks

SRINAGAR: On Monday, The department of Legal Metrology (LDM) Srinagar unit said that it booked and penalized 26 drug stores and departmental stores/retailers in the current financial year 2020-21 for over-charging/ labeling norms and collected penal sum of over Rs. 50,000. Due to Covid19- pandemic, Government of India, under Essential Commodities Act, 1955 declared Hand […]

 KV News

‘Virtual Indian Carpet Expo’ Day 2: 321 overseas buyers registered in two days

‘Virtual Indian Carpet Expo’ Day 2: 321 overseas buyers registered in two days

There is huge demand of hand-knotted high end, tufted Carpets in major importing countries--Exhibitors

NEW DELHI: The Day 2 of the first Virtual Edition of 40th India Carpet Expo, an exclusive trade fair for handmade carpets and other floor-coverings, today witnessed encouraging response with almost every participant having substantial online meetings with overseas buyers and buying representatives. The expo has received overwhelming response from around 321 overseas buyers from […]