Air India asks US court to dismiss Cairn petition, says it is premature

New Delhi: Air India has asked a New York court to dismiss a petition filed by Britain’s Cairn Energy for seizure of its assets to enforce USD 1.2 billion arbitral awards against the Indian government, saying the litigation was premature as an appeal against the arbitration award was still pending. The petition by the airline, […]

Deadline for making payments under Vivad se Vishwas scheme pushed to Sep 30

NEW DELHI: The government on Sunday extended by a month the deadline for making payments under the direct tax dispute resolution scheme Vivad Se Vishwas till September 30. The scheme provides for settlement of disputed tax, interest, penalty or fees in relation to an assessment or reassessment order on payment of 100 per cent of […]

Govt announces MSP for Kashmiri hand knotted Carpets

SRINAGAR: In a landmark decision to promote GI certified hand knotted carpets, the Director Handicrafts & Handloom Kashmir has fixed Minimum Support Price (MSP) for different knottage/qualities of Silk Carpets (Rs. 2050/sq.ft for 16×16, 2500/sq.ft for 18×18, 3100/sq.ft for 20×20 and 4150/sq.ft for 24×24). The MSP was determined after wide range of consultations at Indian […]

Tata Steel to invest Rs 3,000 cr in Jharkhand in next 3 yrs to expand capacities

New Delhi: Domestic steel giant Tata Steel on Saturday expressed commitment to invest Rs 3,000 crore in Jharkhand in the next three years to augment capacities. The commitment was made at the launch of Jharkhand Industrial and Investment Promotion Policy (JIIPP) 2021 here, launched by Chief Minister Hemant Soren. The Jharkhand government aims to facilitate […]

SC asks Sebi not take coercive steps against NDTV promoters, adjourns hearing to Sep 3

New Delhi: The Supreme Court Friday asked markets regulator Sebi not to take any coercive steps against NDTV promoters Prannoy Roy and Radhika Roy till it hears their pleas on September 3 against the penalty proceedings related to alleged violation of securities norms by concealing information from shareholders on certain loan agreements. A bench headed […]

Govt releases draft of declaration to be given by cos to enable withdrawal of retro tax demands

New Delhi: In a move that will aid closure of retro tax demands against companies such as Cairn Energy and Vodafone PLC, the Income Tax Department on Saturday released draft of rules to drop such demands provided companies concerned give an “irrevocable” undertaking to withdraw all legal cases against the government as well as undertake […]

Six Days STRY Training concludes at KVK Bandipora

SRINAGAR: Six days Skill Training on Rural Youthon “Quality Seed Production of Cereal Crops” concluded at KrishiVigyan Kendra Bandipora. The programme was sponsored by MANAGE Hyderabad in collaboration with SAMETI Directorate of Extension SKUAST Kashmir under the chairmanship of Director Extension Prof. Dil Muhammad Makhdoomi.Validictory function was organized for the trainees in Hon’ble Vice Chancellor […]

Afghanistan’s economic crisis deepens as airlift winds down

Kabul: Hundreds of Afghans protested outside a bank in Kabul on Saturday and others formed long lines at cash machines as a UN agency warned that a worsening drought could leave millions in need of humanitarian aid. At the Kabul airport, thousands are still gathering in hope of fleeing the country, even after a suicide […]

DC Pulwama visits FM Prichoo, inspects ongoing works at Deg. Coll. Pul

Appeals people to avail benefits under Government Schemes PULWAMA: The District Development Commissioner, (DDC) Pulwama, Baseer Ul Haq Choudhary today visited Fruit Mandi (FM) Prichoo and took stock of ongoing developmental activities in the Mandi. On the occasion, the DDC held threadbare discussion with the fruit growers regarding the current status of ongoing developmental activities […]

NIT Srinagar hosts lecture on Innovation, Industry, and regional development

‘We need innovations and they are required as per the need of the society’: Prof Sehgal Srinagar: The National Institute of Technology (NIT) on Friday hosted an interactive session with ex-president Mahindra & Mahindra,SIAM, Rajan Wadhere on innovation, industry, and regional development. The event was organized by Innovation, Incubation, and Entrepreneurship Development Centre (IIEDC), Department […]