Death toll is 17, says govt

JAMMU: The untimely snowfall in Jammu and Kashmir claimed 17 lives and left nearly 2,000 houses damaged in Kashmir division, a high-level review meeting chaired by Chief Minister Omar Abdullah was informed Thursday. The meeting, convened to brief the Chief Minister about the situation following the recent heavy snowfall in state, was also told that […]

SNOWFALL AFTERMATH

SNOWFALL AFTERMATH

Srinagar: Ruling National Conference ministers Ali Muhammad Sagar and Sajad Ahmed Kitchloo Thursday refuted allegations of opposition parties that government was ill-prepared for the snowfall leading to massive power shutdown and road blockades in the Kashmir Valley Both the Ministers said that their “movement” was restricted  because of the Model Code of Conduct for the […]

Over-taxation hindering high growth in aviation

NEW DELHI: The high growth in Indian aviation market, which would in future be triggered by regional operations, was being restrained by over-taxation and lack of infrastructure in smaller cities, a recent study has shown. “It is a well known fact that the Indian aviation industry is overtaxed and this is being reflected in the […]

BGSBU holds seminar on impact of FDI on Indian economy

RAJOURI: To acquaint its students with the various aspects of FDI in India and its impact on the growth of economy, Baba Ghulam Shah Badshah University on Thursday organised a seminar on “Foreign Direct Investment in Indian Economy” in the campus here. According to a statement issued by a university spokesperson, the seminar was organised […]

Dept asked not to approach ED directly: GAD

JAMMU: As per circular issued by the General Administration Department (GAD) Thursday , Departments seeking clarifications on the Model Code of Conduct and other Election related issues have been asked  to abstain from approaching the Chief Electoral Officer J&K directly on their own. “As per the procedures, Heads of the Department seeking clarifications from another […]

Saudi Arabia loaned Pakistan $1.5bn to shore up economy

ISLAMABAD: Saudi Arabia loaned $1.5 billion to Pakistan last month to help Islamabad shore up its foreign exchange reserves, meet debt-service obligations and undertake large energy and infrastructure projects, Pakistani officials have told Reuters. The Saudi assistance has contributed to a sharp recovery of the Pakistani rupee, which rose to a nine-month high of 97.40 […]

Kashmir more advanced than USA, says Taj Mohiuddin

Srinagar: Senior Congress leader and Health Minister Taj Mohi-u-Din  was Thursday all praises for the ruling coalition’s “up-to-mark” performance in dealing with the situation arising out of heavy snowfall across Kashmir valley. “Despite heavy snowfall, electricity across Kashmir Valley was restored within just eight  hours which is not possible in even United State of America,” […]

WORLD TWENTY20

ISLAMABAD: Pakistan captain Mohammad Hafeez hopes Shahid Afridi will be fit in time for the World Twenty20 after the hard-hitting allrounder delayed his departure to Bangladesh. Afridi played in the Asia Cup final on Saturday with painkillers after he hurt his hamstring with some powerful late hitting during two nail-biting victories against India and Bangladesh […]

Cipla board approves retirement of YK Hamied

NEW DELHI: Drug firm Cipla Thursday approved the retirement of its Executive Vice-Chairman, YK Hamied with effect from March 31, 2014. Hamied, (73) however, will continue to be the Vice- Chairman of the company in a non-executive role effective April 1. “The board unanimously acknowledges the contribution of YK Hamied to the company over the […]

Gold falls on profit-selling, silver remains higher

NEW DELHI: Gold prices fell by Rs. 220 to Rs. 30,800 per ten grams here on Thursday on emergence of profit-selling at prevailing higher levels. However, silver gained for the third day by adding Rs. 200 to Rs. 46,900 per kg on sustained buying by industrial units and coin manufacturers. Traders said profit-selling by stockists […]