Federate all rural poor households into SHGs: Dr Sehrish

SRINAGAR: Mission Director, Jammu & Kashmir Rural Livelihoods Mission (JKRLM), Dr Syed Sehrish Asgar today convened a virtual meeting of all the officers and officials of JKRLM (Umeed) across J&K to discuss the action plan & implementation of Chief Secretary’s instructions for the formation of 11,000 SHGs by September 30th 2021. The meeting was attended […]

VC SKUAST attends farmers scientists interaction at Leh

SRINAGAR: Vice Chancellor, SKUAST (K), Prof. J. P. Sharma attended farmers scientists interaction at High Mountain Arid Agriculture Research Institute, Stakna Leh Ladakh. Director Extension, SKUAST-K, Dr. Dil Mohd Makhdomi addresses the activities of KVKs of Ladakh region. He appreciated HMAARI and Research Station for adopting Singay Lalok area which is remote and underprivileged area […]

FinMin summons Infy CEO after income tax portal faces fresh glitches

New Delhi: With the new I-T portal remaining unavailable for almost two consecutive days, the Finance Ministry has “summoned” Infosys MD and CEO Salil Parekh on Monday to explain to Finance Minister Nirmala Sitharaman the reasons for continued glitches even after over two months of launch. Meanwhile, the company in a late-evening tweet said emergency […]

IBA seeks licence to set up Rs 6,000-cr bad bank, RBI nod soon: Report

NEW DELHI: The Indian Banks’ Association (IBA) has moved an application to the Reserve Bank of India (RBI) seeking licence to set up a Rs 6,000-crore National Asset Reconstruction Company Ltd (NARCL) or bad bank, according to sources. NARCL was incorporated last month in Mumbai following the registration with Registrar of Companies (RoC). According to […]

Major tariff hikes by telcos unlikely in the short-run: Analyst

NEW DELHI: Telecom operators are likely to continue with minor tweaks in mobile plans but may avoid significant hike in broader tariffs in the short-run, as they prioritise market share gains amid ongoing sectoral challenges, according to a senior analyst at Deloitte India. Deloitte India, Partner and Telecom Sector Leader, Peeyush Vaish told PTI that […]

Seven of top-10 companies add Rs 1.31 lakh-crore in m-cap; HUL, TCS lead chart

New Delhi: Seven of the 10 most valued domestic companies together added Rs 1,31,173.41 crore in market valuation last week, with HUL and TCS emerging as the biggest gainers. Reliance Industries, Infosys, HDFC, Bajaj Finance and Wipro also saw a rise in their market valuations, while HDFC Bank, ICICI Bank and SBI suffered losses. The […]

Indian startups raised $6.5 bn funding in Q2 2021, 11 new unicorns created

New Delhi: Indian startups received about $6.5 billion in funding in the April-June 2021 quarter, while 11 of them entered the coveted unicorn club, a report by Nasscom-PGA Labs said. During the second quarter, 160 funding deals were closed — up 2 per cent from the January-March period. “Q2 2021 has been impeccable for the […]

MG Motor to invest Rs 2,500 cr by 2022-end to ramp up Halol plant capacity

Mumbai: MG Motor India is investing Rs 2,500 crore by the end of next year to increase the production capacity at its Halol plant in Gujarat, as it gears up to launch its mid-size SUV Astor, according to a top company official. Despite the worsening semiconductor shortage situation, which is likely to continue for at […]

Government fixes MSP for hand spun, hand woven Pashmina

SRINAGAR: In a significant step towards promotion of Handicrafts, the Directorate of Handicrafts and Handloom, Kashmir has announced a Minimum Support Price (MSP) for GI certified Pashmina shawls. The decision was taken considering the importance for promotion of GI for hand spun and hand woven Pashmina. GI has acquired importance due to assured quality and […]

DC Gbl reviews progress of works under District Capex Budget

1893 works to be completed under DCB GANDERBAL: The Deputy Commissioner (DC) Ganderbal, Krittika Jyotsna today reviewed the progress of works proposed under District Capex Budget (DCB) 2021-22. The meeting discussed detailed proposals under the District Capex Plan, 2021-22 including physical status of projects targeted for completion in the current fiscal and took a comprehensive […]