5th international ‘Buyer-Seller Meet’ begins

5th international ‘Buyer-Seller Meet’ begins

SRINAGAR: With an aim to promote and find new markets for the world famous Kashmir handicrafts, the fifth international ‘Buyer-Seller Meet’ in which more than 75 foreign participants from about 25 countries are participating has commenced here on Saturday. The three-day meet organized by Kashmir Chamber of Commerce and Industries (KCCI) will conclude on Monday, […]

J&K’s deficit on constant rise, says Principal Accountant General

J&K’s deficit on constant rise, says Principal Accountant General

JAMMU: Expressed his dismay over the diversion of plan grants for non-plan purposes by the Jammu and Kashmir government, the Principal Accountant General Audit (PAG), Subhash Chander Pandey Saturday said ‘J&K’s own deficit is on a constant increase and the revenue deficit has not been brought down as required by the FRBM Act’. Pandey was […]

SBI mulls selling bad assets to ARCs in Jan-Mar quarter

KOLKATA: India’s largest bank SBI is considering partial sale of non-performing assets to asset reconstruction companies. “We are considering some proposals to sell NPAs in the current quarter (Jan-Mar 2014). This is the first time we would be selling NPAs to ARCs,” SBI chairman Arundhati Bhattacharya said here on Saturday. NPA reduction is a major […]

Japan sees future business in Fukushima cleanup

CHIDAMBARAM There is something surprising in the radioactive wreck that is the Fukushima Dai-ichi nuclear power plant: opportunity. To clean it up, Japan will have to develop technology and expertise that any nation with a nuclear reactor will one day need. Eyeing dozens of ageing reactors at home and hundreds of others worldwide that eventually […]

Govt to set up inflation target, RBI to implement: Chidambaram

NEW DELHI: The government of India has the right to set the country’s inflation target, while the Reserve Bank of India’s (RBI) role is to implement the decision, Finance Minister P Chidambaram said in a joint news conference with the RBI governor. The comment by Chidambaram comes after a RBI panel in January proposed moving […]

Silk Road initiatives help boost Asia renewal: China

KJM VARMA BEIJING: China Saturday said its initiatives of building Maritime Silk Route connecting Asian states besides reviving the centuries old Silk Road through the Central Asian states were aimed at boosting the renewal of Asia. “We want to work with relevant countries to add two powerful wings to the rejuvenation of Asia,” Foreign Minister […]

Street on fire; Sensex, Nifty scale new peaks on FII buying

MUMBAI: Stocks Markets ignored the anxiety caused by the geopolitical tension over Ukraine and spurted to all-time highs on a slew of positive domestic factors and robust FII buying ahead of high-stake elections. The benchmark indices – S&P BSE Sensex and the CNX Nifty – were in a record-breaking spree. The former hovered near the […]

Mansbal trout feed mill operational

Mansbal trout feed mill operational

SRINAGAR: The department of Fisheries, has started to supply trout feed from the its newly established Trout Fish Feed Mill at Manasbal with the department now saying it is in a position to meet export orders. The mill  established at the National Fish Seed Farm Manasbal has been imported from Netherland  that produces the highly […]

Govt has right to set inflation target, RBI’s role is to achieve: FM

NEW DELHI: Finance Minister P Chidambaram Friday said the government had the right to set a target for inflation and the Reserve Bank of India (RBI) could decide on its monetary policy in line with the target. “I think that is the correct approach. The sovereign has the right to set the target and then […]

UP clocks maximum food grain production in India

LUCKNOW: The food grain production in Uttar Pradesh during 2012-13 crop year (July-June) has once again topped its peers at about 50.84 million tonnes (MT). During 2009-10, 2010-11 and 2011-12, the state food grain production stood at 43.20 MT, 47.14 MT and 50.29 MT respectively. This shows that there has been sustained increase in food […]