Diesel price hits record high after rates hiked for 14th day in a row; petrol up 51 paise

New Delhi: Diesel price on Saturday hit a record high after rates were hiked by 61 paise per litre while petrol price was up 51 paise, taking the cumulative increase in rates in two weeks to Rs 8.28 and Rs 7.62 respectively. Petrol price in Delhi was hiked to Rs 78.88 per litre from Rs […]

Mukesh Ambani wins half of 2020 deals in global telecom

MUMBAI: Billionaire Mukesh Ambani’s Jio Platforms Ltd. has attracted more than half the $30 billion investment into telecom companies globally this year, on bets the wireless and digital services firm will disrupt India’s massive consumer market. Ten firms including Facebook Inc., General Atlantic, Silver Lake Partners and KKR & Co. have poured a total $15.2 […]

LG releases Coffee Table Book of JKIDFC

JAMMU: Lieutenant Governor, Girish Chandra Murmu Friday released the Coffee Table Book of Jammu & Kashmir Infrastructure Development Finance Corporation Ltd. (JKIDFC), a compilation of 500 completed projects of public importance funded by the Corporation during Financial year 2019-20, which were languishing earlier due to financial and other execution bottlenecks. While the first milestone of […]

SKUAST-K holds conference on combating desertification and drought

Srinagar: Sher-e-Kashmir University of Agricultural Sciences and Technology, Kashmir held an online conference on, ‘Food, Feed and Fibre: Linking Production and Consumption’ with an aim to create ‘positive environmental action’ to protect soil from desertification and drought. The event was organized by the SKUAST-K’s Faculty of Agriculture, Wadura in collaboration with ICAR-World Bank funded National […]

Evacuee Property Departmenst to launch drive for recovery of rentals

JAMMU: Custodian General J&K, Suraiya Jabeen on Thursday reiterated to launch a special drive against the defaulters for recovery of rental arrears from individuals and other entities while directing officers to identify the illegal encroachment made on evacuee land. This after a detailed review during an introductory meeting regarding functioning of Evacuee Property Department here.Speaking […]

Trade unions serve 3-day strike notice in Coal India

Kolkata: Coal trade unions Thursday said they are going ahead with their three-day nationwide strike from July 2 in Coal India and SCCL against the government’s move to open the coal sector to private players. It is not clear whether officers will be joining the strike. The strike may cause production loss of nearly four […]

Gold rises Rs 280; silver gains Rs 260

New Delhi; Gold in the national capital gained Rs 280 to Rs 48,305 per 10 gram on Thursday reflecting rally in international prices of the yellow metal, according to HDFC Securities. On Wednesday, it had closed at Rs 48,025 per 10 gram. Silver also rose by Rs 260 to Rs 49,452 per KG from Rs […]

Saudi wealth fund PIF takes stake in Jio Platforms for Rs11,367 crore

NEW DELHI: Jio Platforms has signed up Public Investment Fund (PIF) as its tenth foreign investor in just over 8 weeks. The Saudi Arabian sovereign wealth fund will pick up 2.32% stake in the Reliance Industries subsidiary for Rs11,367 crore ($1.5 billion), a release issued by the Mukesh Ambani company said today. The latest investment, […]

Major focus on providing agriculture inputs and developing horticulture in District Baramulla

BARAMULLA: Amid Covid-19 lockdown, distribution of 1665 quintals of High Yielding Variety (HYV) of paddy, 650 quintals of maize, 3.15 quintals of sweet corn seeds, 2.62 quintals of vegetable seeds, establishment of model orchards and nurseries of kiwi, grapes and walnut are among the slew of measures taken for welfare of farmers by Agriculture and […]

Municipal bodies to use Accrual-based double entry accounting system

Jammu: The Jammu and Kashmir administration on Wednesday accorded sanction to adoption of the J&K Municipal Accounting and Budgeting Rules, 2020 to facilitate implementation of Accrual Based Double Entry Accounting System (ABDEAS) in Urban Local Bodies (ULBs). The approval was given by the Administrative Council (AC) which met under the chairmanship of Lt Governor G […]