Biz and Economy

 KV News

JK’s first district Capex Budget approved

JK’s first district Capex Budget approved

Budget finalized with 67% hike: Govt

Reading Time: 3 minutes JAMMU: Lieutenant Governor, Girish Chandra Murmu Friday chaired a high level meeting to discuss and approve the First Capital Expenditure Budget (Capex) of Union Territory, J&K for the year 2020-21 here at the Raj Bhavan. The meeting discussed the finalization of District Capex Budget for the year 2020-21, to cater the developmental needs of J&K […]

 KV News

J&K Bank CMD inaugurates ATM in Jammu

J&K Bank CMD inaugurates ATM in Jammu

Reading Time: < 1 minute Jammu: J&K Bank Thursday commissioned an Automated Teller Machine (ATM) at Moyhal Sabha near Interstate Bus Stand on B C road Jammu. While maintaining the social distancing norms, the bank’s Chairman & MD R K Chhibber inaugurated the ATM in presence of Zonal Head Jammu-I Sunit Gupta, Vice-President Sareesh Sharma, Cluster Heads Vikram Malhotra, Satish […]

 KV News

J&K Bank sanctions 862.46 Cr under Atmanirbhar Bharat package

J&K Bank sanctions 862.46 Cr under Atmanirbhar Bharat package

CMD appeals eligible borrowers to avail the scheme

Reading Time: 2 minutes Srinagar: After stepping up its focus on the coverage of all its eligible borrowers under the central government’s Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS), J&K Bank today said that it has so far sanctionedRs 862.46 Cr in favour of 22084 borrowers under the scheme tailored for the businesses including MSMEs adversely affected […]

 KV News

HDFC Bank certified as a ‘Great Place to Work’ for 2020

Reading Time: 2 minutes Mumbai, June 17: HDFC Bank has emerged as the only Indian bank to be awarded ‘Great Place to Work’ certification by Great Place to Work Institute. The certification is the result of an anonymous employee survey conducted by the third-party global authority on recognizing high-trust and performance culture at workplaces. In HDFC Bank’s case, a […]

 Press Trust of India

Economy showing green shoots, PM tells CMs

Economy showing green shoots, PM tells CMs

Reading Time: 3 minutes New Delhi: Prime Minister Narendra Modi on Tuesday said the economy is showing “green shoots” as the country emerges from the coronavirus lockdown and asserted that the fight against the pandemic is a fine example of cooperative federalism where the Centre and the states are working together. In his opening remarks at a meeting with […]

 Press Trust of India

Gold prices decline by Rs 380 on subdued global cues

Gold prices decline by Rs 380 on subdued global cues

Reading Time: < 1 minute New Delhi: Gold prices fell by Rs 380 to Rs 47,900 per 10 gram in the national capital on Monday following decline in global prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 48,280 per 10 gram. Silver prices also dipped by Rs 590 to Rs 48,200 per […]

 Press Trust of India

Petrol price hiked by 59 paise per litre, diesel by 58 paise

Petrol price hiked by 59 paise per litre, diesel by 58 paise

Reading Time: < 1 minute New Delhi: Petrol price on Saturday was hiked by 59 paise per litre and diesel by 58 paise as oil companies for the seventh day in a row adjusted retail rates in line with costs since ending an 82-day hiatus in rate revision. Petrol price in Delhi was hiked to Rs 75.16 per litre from […]

 KV News

Advisor Sharma attends 40th GST Council Meeting

Advisor Sharma attends 40th GST Council Meeting

Reading Time: < 1 minute SRINAGAR: Advisor to Lieutenant Governor, KK Sharma, Friday represented Jammu and Kashmir at the 40th GST Council meeting held through video conferencing under the chairmanship of Union Finance Minister. During the course of discussions, the Council decided that no late fee will be levied on the registered entities with Zero Goods and Services Tax (GST) […]

 KV News

J&K Bank lowers interest rates on loans

J&K Bank lowers interest rates on loans

Extends electricity-bill submission date to last day of month in m-Pay

Reading Time: 2 minutes Srinagar: J&K Bank has lowered its marginal cost of funds-based lending rate (MCLR) by 0.05 percent for various tenors. Taken during the ongoing pandemic, the move to pass on the benefit of reducing cost of funds to the borrowers, is very much in line with the regulator’s directions. The bank after reviewing the MCLR lowered […]

 KV News

Mechanism worked out for transportation of Cherry, other fruit: Govt

Mechanism worked out for transportation of Cherry, other fruit: Govt

Reading Time: < 1 minute SRINAGAR: Advisor to Lieutenant Governor, K.K. Sharma Tuesday said that the government has worked out a mechanism for ensuring speedy transportation of the horticultural produce especially the seasonal fruit cherry by way of various interventions. The Advisor said this while interacting with the representatives of the cherry processing unit holders during his tour to the […]