ATMs soon to fork out cash without bank account too

MUMBAI: People without a bank account in India would soon be able to withdraw cash from an automated teller machine (ATM) with the use of mobile technology, Reserve Bank of India Governor Raghuram Rajan announced here Wednesday. At present, only bank account holders can withdraw cash from an ATM. “We have recently approved the in-principle […]

China world’s top gold consumer as sales cross 1,000 tonnes

BEIJING: China’s gold consumption crossed 1,000 tonnes for the first time ever in 2013, reinforcing its status as the world’s top consumer. China’s gold consumption touched 1,176.4 tonnes from 832.2 tonnes, a year-on-year increase of 41.4 percent, latest statistics released by China Gold Association showed. The statistics show although the gold output and consumption in […]

ACB files FIR in Reliance issue; names Moily, Ambani, Deora

NEW DELHI: Petroleum Minister Veerappa Moily, RIL Chief Mukesh Ambani, former Union Minister Murli Deora and retired Director General of Hydrocarbons VK Sibal were Wednesday named in an FIR by Anti-Corruption Branch of Delhi Government in the Reliance gas issue. The FIR by the ACB was registered a day after Chief Minister Arvind Kejriwal said […]

Punjab CM felicitates Kashmiri student for creating android app

Punjab CM felicitates Kashmiri student for creating android app

SRINAGAR: A Kashmiri students of Aryans Group of Colleges, Chandigarh was felicitated by the Punjab Chief Minister Prakash Singh Badal for creating android app. According to a spokesperson of Aryans Group, Rumaisa of Aryans College of Engineering, Chandigarh’s was honoured by Badal for her innovation of “Aryans Android App” helping students to keep in touch […]

J&K Bank earns 11% profit in q3

SRINGAR: J&K Bank has reported growth in its net profit by over 11 percent during the third quarter (Q3) ending on December 31. Banks’s net profit grew to Rs 321.29 crore in third quarter of 2013-14 as against Rs 289.40 crore during a year ago. Commenting on the result, Bank’s Chairman and CEO Mushtaq Ahmad […]

India, Pak must take up LoC trade issue at higher-ups level: KCCI

SRINAGAR: Expressing its disappointment and resentment against what it called ‘callous ineptitude’ towards handling the cross-Line of Control trade imbroglio, Kashmir Chamber of Commerce and Industries (KCCI) has impressed upon the government of India and Pakistan to take the issue at higher decision making level for immediate resumption of trade. “KCCI seeks to impress the […]

J&K Budget 2014-15: FM holds pre-budget consultation with farmers

SRINAGAR: Finance Minister Abdul Rahim Rather Thursday said that agriculture is the important sector of the state economy and government is committed to revolutionise it by providing all possible facilities to the farmers of the state. Rather, according to an official spokesperson, was addressing a pre-budget interactive session here, which was attended by progressive farmers […]

Efforts afoot to tap wind energy in J&K: Dr Farooq

Jammu: Jammu and Kashmir has vast potential of wind energy and wind masts have been installed at Bidda in Reasi, and Tatapani in Rajouri to tap this renewable energy, Union New and Renewable Energy Minister, Dr Farooq Abdullah said on Wednesday, according to an official spokesperson. He also said places of wind energy potential in […]

Tour operators, mountaineers oppose construction of road to Affarvat ridge

SRINAGAR: Valley based tour operators and mountaineers have asked Jammu and Kashmir government to desist from any plans to construct a road in world famous ski resort Gulmarg. In an emergency joint meeting of Adventure Tour Operators Association of Kashmir (ATOAK) and J&K Ski and Mountaineering Association (JKSMA) the office bearers and members of ATOAK […]

Ford unveils Figo Concept compact sedan

SRINAGAR: Ford on Monday unveiled the global Ford Figo Concept sedan in India, a move aimed at strengthening the company’s compact car portfolio. With the global unveiling of the sub 4-meter concept car, Ford is aiming for a substantial presence in the B segment, which is expected to touch 2 million units annually in India […]