Biz and Economy

 KV News

In run up to Eid, bakery outlets attract people with innovative high-end products

In run up to Eid, bakery outlets attract people with innovative high-end products

Srinagar: With Eid-ul-Fitr just a few days away, bakery outlets and cafes in summer capital Srinagar are offering innovative high end bakeries to customers. People associated with several of these outlets that have forayed in Kashmir markets quite recently say response from shoppers has been overwhelming. Shariq Bhat, General Manager of ‘The Flora, German Bakery […]

 KV News

Airfares on Srinagar route giving sleepless nights to travelers

Jammu: Amid frequent closure of Srinagar-Jammu highway, the airfare to Srinagar has soared, thus leaving the passengers wondering. As a landslide hits Srinagar-Jammu highway, the only road connecting Valley with rest of the States, the airlines waste no time to cash in on the situation to arbitrarily increase the airfares. An unthinking peek at various […]

 KV News

Chairman JK Bank dedicates AAS to cancer patients of the state under CSR

Chairman JK Bank dedicates AAS to cancer patients of the state under CSR

Srinagar: Chairman and CEO JK Bank Parvez Ahmed Thursday dedicated AAS (All About Support) a Cancer Patients’ Hostel in Amboli, Andheri West Mumbai, to provide accommodation facilities to cancer patients of J&K state who visit Mumbai for treatment of the life consuming disease in TATA Memorial Cancer Institute and other renowned oncology centres in Mumbai. […]

 KV News

Admin claims giving fillip to tourism trade in JK

SRINAGAR: Advisor to Governor KK Sharma Thursday said that the government has already initiated several schemes for ensuring that the activities related to tourism trade and hotel business in State are effectively catalyzed as the industry is one of the major job creators in the private sector. The Advisor expressed these views during his interaction […]

 KV News

PHD Chamber Kashmir felicitates Chairman J&K Bank

PHD Chamber Kashmir felicitates Chairman J&K Bank

We need to maintain the positive business sentiment: Parvez Ahmed

Srinagar: PHD Chamber of Commerce and Industry Kashmir (PHDCCI) on Tuesday felicitated J&K Bank Chairman and CEO Parvez Ahmed for steering the Bank out of a tumultuous phase and spurring it to a profit of 464 crore rupees in the financial year 2018-19. A delegation of the chamber led by Chairman Mushtaq Chaya presented souvenirs […]

 KV News

Unemployed youth must reap benefits of floriculture industry: Div Com

SRINAGAR: The Divisional Commissioner Kashmir Baseer Ahmad Khan Wednesday said that the unemployed youth of the valley must reap benefits of booming floriculture industry. He further said that the sector of floriculture has immense potential for income and employment generation especially in the rural areas. Changing the living standard of the people and increasing urbanization […]

 KV News

Traffic mess affecting businesses, says trade body

Srinagar: Expressing serious concern over traffic chaos, the Kashmir Economic Alliance, Chairman, Haji Muhammad Yasin Khan said the mess on valley roads has badly affected business activities in the Valley. In a statement, Khan who also heads the Kashmir Traders and Manufacturers Federation said, prospective shopping ahead of the Eid was the time, when the […]

 KV News

MES contractors stage protest, seek release of payments

Srinagar: MES contractors of Kashmir Valley working with Defense held a protest in front of Chief Engineer Srinagar’s office. The protesters alleged from past three years no dues were released for them. They alleged that Military Engineering Service has miserably failed to address the problems of the contractors. Muhammad Afzal Wani, a contractor said that […]

 KV News

JKEDI holds Steering Committee meet under SCFS, YSLS

Saurabh Bhagat approves 341 cases of aspiring entrepreneurs

SRINAGAR: Three Hundred and Forty-One (341) cases of aspiring entrepreneurs sponsored by Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) under different schemes were approved by the Steering Committee which met here on Wednesday. The 120th Steering Committee meeting of Seed Capital Fund Scheme (SCFS) and 64th meeting of Youth Startup Loan Scheme (YSLS) was held […]

 KV News

Hostile Kashmir situation crippling Kashmir’s tourism Industry

Hostile Kashmir situation crippling Kashmir’s tourism Industry

Hotels at major tourist destinations in valley wear deserted look; tourist arrivals plunge

Srinagar: As the influx of holidaymakers to the Valley has witnessed a steep decline, tourism sector is in dire stress in Kashmir. Despite promotional campaigns launched by the tourism department and tour operators earlier this year in different states, tourists have mostly stayed away from the valley, especially in the aftermath of Pulwama attack in […]