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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
NEW DELHI: UK Foreign Secretary David Lammy arrived here on Wednesday morning on a two-day visit to India in the first high-level discussion between the two countries after the formation of the Keir Starmer-led Labour government in London. “Warm welcome to UK Foreign Secretary David Lammy as he arrives in New Delhi on his first […]
NEW DELHI: Benchmark indices ended lower a day after the Union Budget was presented in the Parliament. At close, the Sensex was down 280.16 points or 0.35% at 80,148.88, and the Nifty was down 65.50 points or 0.27% at 24,413.50. Among the sectors, Nifty Bank index fell 0.89%, while the Private Bank index and the […]