Ashok Leyland reports Rs 389 crore net loss for June quarter

NEW DELHI: Hinduja Group flagship firm Ashok Leyland on Wednesday reported a consolidated net loss of Rs 388.82 crore for the first quarter ended June 30, owing to the coronavirus pandemic. The commercial vehicle maker had posted a net profit of Rs 274.96 crore for the April-June 2019 quarter. Revenue from operations in April-June 2020 […]

GeM has potential to handle transactions up to USD100 billion per annum: official

Kolkata: The Government e Marketplace (GeM), a portal floated for government offices to buy goods and services, has the potential to handle transactions up to USD 100 billion per annum, an official said on Tuesday. The portal, launched in August 2016, has so far handled transactions of Rs 1,800 crore, processing 1.5 lakh orders, he […]

Director Horticulture Kashmir reviews functioning of the department

SRINAGAR: Director Horticulture Kashmir, Ajaz Ahmad Bhat today reviewed the functioning of department here. The meeting discussed progress of developmental activities and advisory, guidance provided to fruit growers vis-à-vis spray schedule and pesticides that are to be used to contain different types of disease. All the concerned district heads and field functionaries were instructed to […]

Rupee settles 12 paise higher at 74.78 against US dollar

Mumbai: The rupee appreciated 12 paise to close at 74.78 (provisional) against the US dollar on Tuesday tracking weakness in the greenback and gains in the domestic equity market. At the interbank forex market, the local unit opened at 74.83 against the US dollar, then gained further ground and finally settled at 74.78, up 12 […]

Navin Choudhary visits B’la; reviews functioning of Agriculture, allied sectors

BARAMULLA: Principal Secretary Agriculture, Horticulture, Animal and Sheep Husbandry, Navin Kumar Choudhary, today visited Baramulla where he chaired a meeting with the concerned officers and had a holistic review of agriculture and allied sectors. Deputy Commissioner Baramulla, Dr G N Itoo, presented a detailed account of progress cum performance recorded in various sectors through a […]

Advisor Sharma for providing a friendly eco system to entrepreneurs

SRINAGAR: Advisor to Lieutenant Governor KK Sharma today directed for framing a comprehensive mechanism for promoting Small, Medium and Large scale industrial sector in Jammu and Kashmir so that a friendly ecosystem is provided to the entrepreneurs and industrial scenario effectively catalysed. The Advisor was speaking at a meeting convened to discuss the Draft of […]

Gold declines Rs 1,317; silver also plunges Rs 2,943

New Delhi: Gold prices in the national capital declined Rs 1,317 to Rs 54,763 per 10 grams on Tuesday in line with a drop in international prices of the precious metal and a rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 56,080 per 10 gram. Silver […]

India plans Rs 10,000 cr transshipment port at Great Nicobar Island: PM

New Delhi: India is considering investing Rs 10,000 crore for building a transshipment port at Great Nicobar Island in the Bay of Bengal to provide shippers an alternative to similar ports in the region, Prime Minister Narendra Modi said on Monday as he inaugurated the first undersea optical fibre project to provide high-speed internet to […]

Advisor Sharma for making JKHPMC more vibrant, financially Viable

SRINAGAR, AUGUST 10:-Advisor to Lieutenant Governor, KK Sharma, today underscored the need for making the Government Corporations more vibrant and financially viable so that they can effectively contribute to the economy by promoting and marketing the local produce maintaining that the government prioritized Horticulture and Agriculture development in Jammu and Kashmir. Advisor was speaking at […]

DDC Kulgam calls for cent percent saturation under KCC scheme

KULGAM: The District Development Commissioner (DDC) Kulgam, Showkat Aijaz Bhat today chaired a meeting of Officers and Bankers to review the progress made under Kisan Credit Card (Atma Nirbar) scheme in the district. On the occasion, the DDC directed for cent percent coverage of all farm operating families under the KCC scheme in the district […]