JAMMU — Jammu and Kashmir has registered over 17.20 lakh unclaimed accounts with an outstanding amount of Rs 465.79 crore, prompting the Reserve Bank of India (RBI) to encourage banks to actively contact rightful claimants of these deposits for the return of funds in a time-bound manner. RBI Regional Director Chandra Shekhar Azad said Jammu […]
SRINAGAR, Raouf Dar (KIMS) — The Kashmir Chamber of Commerce & Industry (KCC&I) on Thursday welcomed the Union Cabinet’s approval of the Export Promotion Mission (EPM), calling it as a timely intervention for Jammu and Kashmir’s export sectors. KCC&I said the mission will boost export competitiveness, particularly for MSMEs, first-time exporters and labour-intensive sectors such […]
SRINAGAR (KIMS) — A delegation of the Executive Committee of the Kashmir Chamber of Commerce and Industry (KCCI), led by its President Javid Ahmad Tenga, met Lieutenant Governor Manoj Sinha at Raj Bhawan for an introductory interaction with the newly elected office bearers and executive committee members. The Lieutenant Governor congratulated the new team and […]
SRINAGAR — Maruti Suzuki India Limited (MSIL) has become the country’s first automobile manufacturer to transport vehicles to Jammu and Kashmir by train. The first consignment of 116 vehicles—including Brezza, Dzire, WagonR, and S-Presso—was dispatched from the company’s Manesar plant and reached the Anantnag Railway Terminal in South Kashmir on Friday. The automobile carrier train […]
SRINAGAR — Jammu and Kashmir Bank, which crossed the Rs 2,000-crore profit mark in fiscal year 2024-25, aims to cross the Rs 5,000 crore profit milestone by 2030, its Managing Director and CEO Amitava Chatterjee has said. Chatterjee emphasized on the need for the bank to focus more on supporting the agriculture sector, while expanding […]
SRINAGAR — The terror attack on tourists in Pahalgam that killed 26 people might affect the local economy but it will not have much impact on Jammu and Kashmir Bank as the lender’s exposure to the tourism industry is around one per cent of the total portfolio, MD & CEO of the bank Amitava Chatterjee […]
SRINAGAR — Jammu & Kashmir Bank on Monday reported over 8 per cent decline in net profit to Rs 584.54 crore for the January-March quarter of 2024-25 compared to Rs 638.67 crore in the year-ago period. On a sequential basis, net profit rose by 10 per cent compared to Rs 531.51 crore in the previous […]
NEW DELHI — Gold prices soared by Rs 1,650 to hit an all-time high of Rs 98,100 per 10 grams in the national capital on Wednesday amid a global rush for the safe-haven asset triggered by an escalated trade war between the US and China. According to the All India Sarafa Association, the precious metal […]
NEW DELHI — Gold prices rose by Rs 50 to revisit the all-time high level of Rs 96,450 per 10 grams in the national capital on Tuesday, according to the All India Sarafa Association. On Monday, the yellow metal of 99.9 per cent purity fell by Rs 50 to settle at Rs 96,400 per 10 […]
NEW DELHI — With the IPL season up ahead, Jio has announced a 90-day free JioHotstar subscription for existing and new Jio SIM customers who opt for or recharge with a plan of Rs 299 or above. Existing Jio SIM users recharging with Rs 299 (1.5GB/day or more) or above plan between now and March […]