Biz and Economy

 Press Trust of India

SpiceJet opens booking for domestic flights

Mumbai: No-frills carrier SpiceJet on Friday announced the opening of booking for its domestic flights as it resumes operations with a little over 200 daily flights to 41 destinations after a hiatus of almost two months. Operations of commercial passenger flights were suspended from March 25 in the wake of COVID-19 and subsequent lockdown. The […]

 KV News

JK to get Ola, Uber type Radio Taxi service soon: Official

JK to get Ola, Uber type Radio Taxi service soon: Official

SRINAGAR: In order to strengthen public transport system, Principal Secretary Transport, Asgar Samoon, Monday, has said that radio taxi service on patterns of (Ola & Uber) will be started soon across the Union Territory of Jammu and Kashmir. This was stated by the Principal Secretary while chairing an officers’ meeting here convened to review establishment […]

 KV News

Govt issues new guidelines over incentives to dairy farmers

Govt issues new guidelines over incentives to dairy farmers

JAMMU: To promote Dairy Sector in a big way and ensure hassle free assistance in terms of subsidy and incentives to the dairy farmers in the most transparent manner, the Animal/Sheep Husbandry Department Monday issued new guidelines. Giving details, Principal Secretary to Government, Animal/Sheep Husbandry Department, Navin K. Choudhary, said that the Lieutenant Governor attaches […]

 Press Trust of India

Kashmir’s netpreneurs’ stare at bleak future sans high speed internet

Kashmir’s netpreneurs’ stare at bleak future sans high speed internet

Srinagar: Many online businesses in Kashmir are on the verge of closing down after the Supreme Court last week refused to direct for restoration of high speed internet. Iqra, a young woman who started her e-tail business in clothing in 2015, wants the government to restore 4G internet in the Union territory if it really […]

 KV News

Don’t delay payment to MSMEs: Chairperson MSEFC

Don’t delay payment to MSMEs: Chairperson MSEFC

JAMMU: The Micro & Small Enterprises Facilitation Council (MSEFC) has warned that the delay in payments for the supplies received from the Micro Small and Medium Enterprises (MSMEs) will invite heavy penalty against the defaulting buyers under the MSMED Act. A circular issued by Chairperson, Micro & Small Enterprises Facilitation Council (MSEFC), Anoo Malhotra, stated […]

 KV News

Div Com reviews functioning of JK State Cooperative Bank

SRINAGAR: Consequent upon constitution of new Board of Management of J&K State Cooperative Bank, the Divisional Commissioner, Kashmir, Pandurang K Pole who is also chairman J&K State Cooperative Bank Saturday convened a meeting to review the functioning of the Bank. The meeting held threadbare deliberations on various issues of the bank and took some decisions […]

 KV News

RK Chibber appointed as chairman of J&K Bank, Zubair Iqbal as MD

RK Chibber appointed as chairman of J&K Bank, Zubair Iqbal as MD

Srinagar: The Jammu & Kashmir Government on Friday appointed RK Chibber as chairman of J&K Bank for next three years and Zubair Iqbal Bhat as its first full-fledged managing director. According to Finance department’s communiques to J&K Bank- copies of which are in possession of news agency KNO, RK Chibber and Zubair Iqbal would respectively […]

 Press Trust of India

Coronavirus: Indian gets USD 1 bn loan from WB to fight the pandemic

Coronavirus: Indian gets USD 1 bn loan from WB to fight the pandemic

New Delhi: The World Bank on Friday approved a USD 1 billion loan to support India’s efforts for providing social assistance to the poor and vulnerable households, severely impacted by the COVID-19 pandemic. The “Accelerating India’s COVID-19 Social Protection Response Program” will support the government’s efforts towards a more consolidated delivery platform accessible to both […]

 KV News

1450 fruit trucks dispatched from cold stores: Govt

1450 fruit trucks dispatched from cold stores: Govt

SRINAGAR: With Government relaxing lockdown measures to permit gradual resumption of activity in certain sectors, Industries & Commerce Department in Kashmir Division has been taking steps to resume industrial activity in areas which are not designated as Red Zones. Priority is being given to restart units manufacturing essential commodities and medical supplies. The efforts are […]

 Press Trust of India

COVID-19 wreaks havoc for tourism Industry

COVID-19 wreaks havoc for tourism Industry

International tourism could decline by 80 per cent in 2020: UN

United Nations: International tourism could decline by 60-80 per cent in 2020 due to the COVID-19 pandemic, resulting in the revenue loss of USD 910 billion to USD 1.2 trillion and placing millions of livelihoods at risk, the World Tourism Organization (UNWTO) has said. The global international agency said that the pandemic has caused a […]