SRINAGAR — Kashmir Chamber of Commerce and Industries (KCC&I) on Saturday demanded authorities that the operation of international flights be started at Srinagar international airport ahead of tourism season as well as the holy month of Ramadan. Addressing a presser here, KCC&I president, Sheikh Ashiq said that ahead of the holy month of Ramadan, the […]
Biz-Tech
KTA urges J&K Bank to extend OTS scheme to small traders
SRINAGAR — The Kashmir Traders Alliance (KTA) has urged the management of J&K Bank to extend its OTS scheme to small traders as well. In a statement, President KTA, Aijaz Shahdhar said that the unprecedented atmosphere since last many years has hit the small traders as well and they deserve to take advantage of this […]
Ilker Ayci turns down offer to be Air India’s new CEO
MUMBAI — Former Turkish Airlines chairman Ilker Ayci, who was named by Tata Group a fortnight back to head Air India, on Tuesday turned down the offer saying his appointment has been “coloured” by the Indian media. “My appointment at Air India within Tata Group was announced earlier in February, with a start date of […]
Amul hikes milk prices by Rs 2 per litre
AHMEDABAD — The Gujarat Cooperative Milk Marketing Federation (GCMMF), marketer of milk and milk products under the brand name of Amul, has decided to increase milk prices by Rs 2 per litre. The new rates will be effective from March 1, 2022 across India. In the Ahmedabad and Saurashtra markets of Gujarat, the price of […]
Asian stock prices fall after Western nations announce sanctions against Russia
TOKYO — Asian stock prices have fallen after Western nations moved to tighten sanctions against Russia and as President Vladimir Putin escalated tensions by ordering Russian nuclear forces on high alert. US futures fell, with the contract for the S&P 500 down 2.5% early Monday. The stock markets in Tokyo, Hong Kong and Shanghai declined […]
CS inaugurates J&K Bank GSS e-portal for tracking of loan applications under Government sponsored schemes
JAMMU — Continuing with the march towards cross cutting digitization in J&K, the chief secretary, Dr Arun Kumar Mehta today launched the J&K Bank GSS e-portal for real time tracking of credit applications under government sponsored schemes and described it as an important step towards transparency in the processing of loan applications in the bank. […]
Export Registration in J&K goes up by 173%
JAMMU — Jammu and Kashmir Trade Promotion Organization (JKTPO), a Government of Jammu and Kashmir Undertaking, collaborated with Directorate General of Foreign Trade (DGFT) to achieve the vision of Export promotion in UT of J&K with its registration drives for handholding the potential Exporters from J&K and facilitating them in getting new Importer-Exporter Code (IEC) […]
Gold price soars to Rs 51,750 per 10 gram, the highest in a year
MUMBAI — Gold price surged by nearly 3 per cent to Rs 51,750 per 10 gram at the Multi Commodity Exchange (MCX) on Thursday, the highest level in more than a year, after Russian President Vladimir Putin ordered a military operation in Ukraine. At 14.25 India time at the MCX, gold 5 April 2022 futures […]
J&K Bank bags Khadi India Award for PMEGP, among top 4 banks in the country
SRINAGAR — For its distinguished pan-India performance in implementing the Union Government’s flagship scheme of Prime Minister’s Employment Generation Programme (PMEGP) for the financial year 2020-21, J&K Bank has bagged 4th Position across the country under Khadi India Award. On behalf of J&K Bank, Zonal Head Mumbai Rajesh Malla Tikoo received the award during the […]
Free Fire Publisher Loses $16 Bn in Value After India Bans 54 More Chinese Apps
NEW DELHI — The central government has issued an order to ban over 54 Chinese apps, calling them a ‘threat to privacy and security of Indians,’ officials told The Economic Times. It has directed all app stores to block these applications. One of these apps, called Garena Free Fire, was the highest grossing mobile game […]