Govt starts centralised processing of filings under companies law

New Delhi: The government has operationalised the central processing centre for processing filings under the companies law and LLP Act in a “time-bound and faceless manner” as part of efforts to further improve the ease of doing business. Initially, 12 forms and applications under the companies law will be processed at the Central Processing Centre […]

JD Horti urges farmers to avail benefits under various progs

SRINAGAR: A one day J&K Apple Conclave was on Thursday organized by Confederation of Indian Industry on the theme of ‘Sustainable Innovations for Apple Growers of Kashmir,’ here. Joint Director Horticulture Kashmir, Zahoor Ahmad Bhat participated in the conclave. During the proceedings of the programme various vital and important deliberations were made in technical sections […]

Steel sector witnesses Rs 12,900 cr investment till Dec-end, another Rs 3,000 cr likely till March

New Delhi: Under the production-linked incentive (PLI) scheme for specialty steel, till December, selected companies have invested about Rs 12,900 crore in the domestic steel sector while another Rs 3,000 crore is expected during the current financial year (FY24), the government said. The government is hoping to see an investment of Rs 15,900 crore under […]

RBI Guv asks banks to remain vigilant against build-up of risks

Mumbai: RBI Governor Shaktikanta Das on Wednesday asked banks to remain vigilant against build-up of risks in the banking system as there is no scope for any complacency. The Governor held meetings with MD and CEOs of public sector banks and select private sector banks as part of RBI’s continuous interaction with the senior management […]

First repo rate cut by RBI expected only in 3QFY25, say analysts

New Delhi: India’s January CPI inflation moderated to 5.1 per cent, in line with expectations, while core inflation remained subdued at 3.5 per cent. The inflation trajectory has begun softening although the risks remain skewed towards the upside, Kotak Institutional Equities said in a report. “We maintain our FY2024-25 headline inflation estimates at 5.4 per […]

Wholesale inflation eases to 0.27% in Jan as food prices moderate

New Delhi: India’s wholesale inflation stood at 0.27 per cent in January, better than 0.73 per cent in the previous month, official data released on Wednesday showed. Positive rate of inflation in January 2024 is primarily due to increase in prices of food articles, machinery & equipment, other manufacturing, minerals and other transport equipment. The […]

Horti P&M conducts awareness prog at Fruit Mandi, Handwara

KUPWARA: As part of Atma Nirbhar Bharat Abhiyan, the Department of Horticulture Planning and Marketing (HP&M) District Kupwara, on Tuesday, organized a one-day awareness programme regarding Pradhan Mantri Formalization of Micro Food Processing Enterprise Scheme (PM-FME) at Fruit Mandi, Handwara. At the outset, Nodal Officer PM-FME/Area Marketing Officer Kupwara, Mushtaq Ahmad Kumar highlighted the scope […]

Secretary Planning for collaborative efforts to achieve targets

JAMMU: Secretary Planning Development, and Monitoring Department, Aijaz Asad on Tuesday chaired a review meeting regarding functioning of Border Area Development Programme. District Development Commissioners and Chief Planning Officers of BADP districts of UT of J&K including Director General (PMCE) and Deputy Director (BADP), among other officials from PD&MD were present in the meeting. The […]

Paytm stock witnesses nearly 8% fall after Macquarie downgrades rating

New Delhi: The crisis for Paytm continues to worsen as the One97 Communications reached yet another all-time low of Rs 386.25 in Tuesday’s trading session, marking an 8.60 per cent decrease. This is the first instance since its listing that the stock has fallen below the Rs 400 threshold. In a recent report, global brokerage […]

Adani Electricity unveils India’s first Advanced Distribution Management System in Mumbai

Mumbai: The Adani Electricity Mumbai Ltd has launched the country’s first state-of-the-art Advanced Distribution Management System to fix power supply glitches within a short time for its 31.50 lakh consumers, officials said here. The Network Operations Centre (NOC) — which can locate a power disruption within seconds in its entire jurisdiction before it can lead […]

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