Gold price falls Rs 1,000 to Rs 70,650: sluggish demand, global cues

NEW DELHI: Gold prices continued to fall for the third day and tumbled Rs 1,000 to Rs 70,650 per 10 grams in the local market here on Thursday amid heavy selling by jewellers, triggered by a fall in rates in overseas markets. According to the All India Sarafa Association, the yellow metal prices had closed […]

Govt plans test run to make ration shops more efficient

NEW DELHI: The government will conduct a pilot study to improve the viability of Fair Price Shops (FPS), the Ministry of Consumer Affairs, Food and Public Distribution said in a release. Aiming to improve the viability of 60 FPS, this study is being organised across Hyderabad, Ghaziabad, Jaipur and Ahmedabad. The Ministry said, the central […]

PLI booster: 32 firms invest Rs 8,282 crore for large-scale electronics manufacturing

NEW DELHI: In a fillip to local manufacturing, 32 companies have invested Rs 8,282 crore under the production-linked incentive (PLI) scheme for large-scale electronics manufacturing till June 30, the Parliament was informed. The IT Ministry said that 27 companies have cumulatively invested Rs 464.66 crore under the PLI scheme for IT hardware and PLI scheme […]

India’s textile sector set to gain pace with 28 pc increase: NITMA

NEW DELHI: India’s textile sector is poised for growth with a 28 per cent increase in the Budget allocated for the sector for 2024-25, said Northern India Textiles Mills Association (NITMA ) President Sanjay Garg. This significant boost in funding is expected to drive innovation, enhance productivity, and create new opportunities for the textile industry […]

World’s 1% richest record $42-trillion surge in wealth in last decade: Oxfam

World’s 1% richest record $42-trillion surge in wealth in last decade: Oxfam

NEW DELHI: Wealth of the richest 1% globally surged by a staggering $42 trillion in the last decade, according to a recent report by Oxfam. The $42 trillion amassed by the ‘richest’ is nearly 36 times greater than the wealth accumulated by the poorest half of the world’s population. Despite this, billionaires globally have been […]

KCCI holds meeting with DGP, raises concerns on various issues

KCCI holds meeting with DGP, raises concerns on various issues

Chamber discusses with police chief issues affecting businesses, tourism, other matters SRINAGAR: The Kashmir Chamber of Commerce & Industry (KCCI) delegation, led by President Javid Ahmad Tenga, visited the Police Headquarters in Srinagar to address the long-standing issues affecting businesses and daily life in Kashmir. The delegation consisted of over 20 members, each representing a […]

Budget 2024-25 has given huge fillip to job creation in India: CEO NSE

Budget 2024-25 has given huge fillip to job creation in India: CEO NSE

SRINAGAR: Managing Director and CEO National Stock Exchange (NSE) Ashishkumar Chauhan has said that the budget for the financial year 2024-25 presented by Finance Minister Nirmala Sitharaman has given a huge fillip to job creation in India by ensuring that the private sector also participates in job creation in addition to the government sector. He […]

Dir Agri interacts with farmers at Harwan

Says integrated farming system IFS bearing fruits SRINAGAR: Director Agriculture Kashmir, Chowdhary Mohammad Iqbal on Wednesday toured Harwan area of district Srinagar, visited the farms of different progressive farmers and interacted with the farming community members of the area. While interacting with the farmers, the Director Agriculture highlighted the importance of an integrated farming system […]

JKEDI signs MoU with GPC Samba, MIET Jammu, FICCI FLO-JKL

JAMMU: In a significant step towards fostering a robust startup ecosystem and promoting entrepreneurial activities in the UT of J&K, the Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) on Wednesday signed Memorandums of Understanding (MoUs) with the Government Polytechnic College, Samba, Model Institute of Engineering and Technology (MIET) Jammu, and FICCI FLO- Jammu-Kashmir & Ladakh […]

Vaishnaw assures UP Rs 92,000-crore investment for dev of railways

NEW DELHI: Union Minister for Railways, Information and Broadcasting and Electronics & IT Ashwini Vaishnaw said a total investment of Rs 92,000 crore is being made for the development of railways in Uttar Pradesh. He said during the tenure of the UPA, from 2004 to 2014, Rs 1,109 crore was allocated for the development of […]

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