SRINAGAR: As a follow up of the recent initiative by the Kashmir Chamber of Commerce & Industry (KCCI) & the Gems & Jewellery Export Promotion Council (GJEPC) to forge partnership to boost Kashmir’s jewellery industry, the KCCI and GJEPC moved ahead to nurture the growth of Kashmir’s jewellery sector. In this context, a meeting organised […]
NEW DELHI: The government is working towards a comprehensive review of the Income Tax Act, and the first draft which will be prepared by an internal committee of the tax department will be put out for stakeholder consultation within the next 6 months, Revenue Secretary Sanjay Malhotra said on Thursday. Addressing FICCI’s interactive session on […]
NEW DELHI: Soon after the presentation of Union Budget 2024-25, the Foreign Institutional Investors (FIIs) resorted to offloading positions, who had turned aggressive buyers in calendar year 2024. As per the data with the depositories, FIIs had bought shares worth Rs 25,108.69 crore (net) until July 22, 2024. However, in the next three trading sessions, […]
BARAMULLA: Director Agriculture Kashmir, Chowdhury Mohammad Iqbal on Thursday visited Hi-tech Agro-Forestry Nursery (Sub mission on Agro-Forestry centrally sponsored scheme) at Jalsheeri, Baramulla. Speaking on the occasion, the Director highlighted the importance of centrally sponsored schemes, projects under HADP. He said that the effective implementation of different schemes, projects could only be achieved when the […]
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 […]
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 […]
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 […]