J&K Budget 2014-15 today

J&K Budget 2014-15 today

JAMMU: To present the annual budget today, Finance Minister Abdul Rahim Rather Wednesday gave final touches to    Finance Minister Abdul Rahim Rather Wednesday finalised the Budget 2014-15 at Civil Secretariat, here. This will be 6th in a row Rather will be presenting 6th budget . This is the 6th budget in a row Rather is […]

India Inc gives thumbs up to rail budget

NEW Delhi: India Inc Wednesday said the government’s focus on modernisation and expansion of the country’s vast rail network without touching passenger fares and freight rates was a step in the right direction. Expressing happiness on no populist measures being incorporated in the budget, PHD Chamber of Commerce President Sharad Jaipuria said: “The focus was […]

No ration cards for new families: Government

Jammu: Jammu and Kashmir government Wednesday said that no ration cards will be issued to new families, as government of India is providing food grains on the basis of projected population of year 2000 while the population has increased much more since then. While replying to a question in the House, The Consumer and Public […]

Bold reforms, tariff authority proposed in interim Rail Budget

NEW DELHI: The interim Railway Budget for 2014-15 today contained reforms proposals for opening the sector to domestic and foreign investors and a tariff authority to rationalise fares and freights, end cross subsidisation and enlarge the dynamic fare scheme. The vote-on-account Budget, presented by Railway Minister Mallikarjun Kharge, do not contain any revision of fares […]

Young entrepreneurs launch web-portal for tourism promotion

Young entrepreneurs launch web-portal for tourism promotion

SRINAGAR: To provide easy access and better services to tourists and travelers in Jammu and Kashmir, a local destination marketing organization launched a web portal ‘TravelNshop’ in collaboration with Tourism Department, Kashmir on Wednesday here at a local hotel. Joint Director Tourism Mohd Hussain Mir in presence of Deputy Director Tourism, Shabir Hussain Bhat, Assistant […]

Railways to borrow `13,800 cr in 2014-15

New Delhi: Indian Railways will borrow less at Rs 13,800 crore from market through its two companies IRFC and Rail Vikas Nigam Ltd for capital expenditure during 2014-15. In the current fiscal, as per the revised estimate, these two companies raised Rs 14,942 crore from markets. Indian Railways Finance Corporation (IRFC) will raise Rs 12,800 […]

J&K Economic Survey-2014 released

JAMMU: Governement on Wednesday released the Economic Survey-2014 in both the houses of legislature. Finance Minister Abdul Rahim Rather laid a copy of the survey in Legislative Assembly, whereas CAPD Minister Chaudhary Mohammad Ramzan laid the survey at Legislative Council. Government every year a day prior to releasing the annual budget, release the survey to […]

Indian Railway service for Vaishno Devi pilgrims to start soon: Railway Minister

NEW DELHI: Indian Railway connectivity to Katra, the base camp of Vaishno Devi shrine, has been completed and passenger services will start shortly, Railway Minister Mallikarjun Kharge today said. Listing out the achievements of Railways during UPA-II, he said the opening of the Udhampur-Katra section under the ambitious Kashmir Rail project will enable lakhs of […]

Retail inflation hits 2-year low of 8.79%

NEW DELHI: Retail inflation fell for the second consecutive month and eased to 24-month low of 8.79% in January mainly due to a drop in food prices.Inflation as measured by the Consumer Price Index (CPI) for December was 9.87% down from 11.16% in the previous month. Inflation in the food and beverages segment was 9.9% […]

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 […]