SBI donates computer equipment, accessories to Baitul Hilal Srinagar

Chairman JKYF extends gratitude, appeals well wishers, donors to contribute more Srinagar: Under its Corporate Social Responsibility (CSR), the State Bank of India (SBI) donated four new Branded Computer Systems with all accessories along with Computer Tables, to Baitul Hilal Jawahar Nagar, an orphanage under the aegis of J&K Yateem Foundation, here today. Anita Khara, […]

Flipkart to create 4,000 jobs by opening 4 new facilities in Maharashtra

Mumbai: Walmart-run e-commerce major Flipkart on Tuesday said it is creating 4,000 jobs in Maharashtra by opening four new facilities. These fulfilment and sortation centres are located in Bhiwandi and Nagpur, and aimed primarily at supporting the local sellers in the state and cater to the growing demand for e-commerce, a statement said. The facilities […]

2 MSME parks’ construction near Noida gains momentum; see Rs 2,345 cr investment

Noida: Construction of two micro, small and medium enterprise (MSME) parks near Noida has gained momentum with 812 investors buying lands at the proposed sites to set up units at a cost of Rs 2,345 crore, Uttar Pradesh government officials said on Tuesday. The proposed companies in these parks — coming up along the Yamuna […]

Govt announces rates for RoDTEP scheme for exporters; to cover 8,555 items

New Delhi: To boost exports, the government on Tuesday announced rates of tax refunds under the export promotion scheme RoDTEP for 8,555 products, such as marine goods, yarn, dairy items. The government has set aside Rs 12,454 crore for refunds under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for the current […]

Gold rallies Rs 446; silver zooms Rs 888

New Delhi: Gold prices in the national capital rallied by Rs 446 to Rs 46,460 per 10 grams on Tuesday, with recovery in global precious metal prices and rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had ended at Rs 46,014 per 10 grams. Silver also gained Rs 888 to […]

FM says no room for cut in excise duty on petrol, diesel due to oil bonds

New Delhi: Finance Minister Nirmala Sitharaman on Monday ruled out a cut in excise duty on petrol and diesel to ease prices, which have touched an all-time high, saying payments in lieu of past subsidised fuel pose limitations. Petrol and diesel as well as cooking gas and kerosene were sold at subsidised rates during the […]

Technical glitches in I-T portal to be sorted out soon

New Delhi: Finance Minister Nirmala Sitharaman on Monday said technical glitches in the new income tax e-filing portal will be largely fixed in the next couple of weeks and that she has been constantly reminding Infosys on the issue. “I have been reminding Infosys (the vendor which developed the new portal) constantly, and (Infosys head) […]

WPI inflation eases for second straight month to 11.16 pc in July on cheaper food items

New Delhi: The wholesale price-based inflation softened for the second straight month to 11.16 per cent in July, on cheaper food items, even though prices of manufactured goods and crude oil hardened. However, WPI inflation remained in double digit for the fourth consecutive month in July, mainly due to a low base of last year. […]

J&K Bank opens Business Unit, EBU in Ramban

RAMBAN: With a view to extend banking facilities and financial services further into the rural areas, J&K Bank commissioned a new Business Unit (BU) at Halla and an Easy Banking Unit (EBU) at Rajgarh of Ramban district. The total number of Bank’s business units has now reached 962 and the number of EBUs is 75. […]

Aviation Ministry grants permission to use drones to 10 organisations

New Delhi: The Civil Aviation Ministry on Monday gave conditional permission to 10 organisations, including Mahindra and Mahindra, Steel Authority of India (SAIL) and Bayer Crop Science, to use drones for various purposes. In a statement, the ministry said the Karnataka government is one of the 10 organisations and it has got the permission to […]