KCCI deligation meets Advisor Baseer Khan, discuss issues of transport sector

Srinagar: A delegation of the Kashmir Chamber of Commerce and Industry led by its President Mr. Sheikh Ashiq Ahmad held an interaction with Advisor to LG Baseer A. Khan, at the Civil Secretariat along with representatives of the Automobile Dealers Association, Hotels and Houseboat Owners also participated in the meeting. Ashiq thanked the Advisor for […]

Wholesale prices plunge to 4.5-year low; WPI deflation at 3.21% in May

New Delhi: Prices in the wholesale market fell to a 4.5-year low level in May, recording a deflation of 3.21 per cent, due to sharp decline in fuel and power items even as food articles turned expensive. The Wholesale Price Index (WPI) has hit its lowest level since November 2015, when deflation was 3.7 per […]

Exports fall 36.47 pc in May, trade deficit narrows to USD 3.15 bn

New Delhi: Contracting for the third straight month, India’s exports declined 36.47 per cent in May to USD 19.05 billion, mainly on account of drop in shipments by key sectors such as petroleum, textiles, engineering, gems and jewellery. Imports too plunged 51 per cent to USD 22.2 billion in May, leaving a trade deficit of […]

JKAP censures government for hike in road tax on Sgr-Jammu highway

SRINAGAR: Jammu and Kashmir Apni Party(JKAP) leader and former legislator Rafi Ahmad Mir on Monday censured the government for a hike in road tax levied on the Srinagar-Jammu national highway at Awantipora, Nashree-Chenani Tunnel and Unhampur toll plazas and demanded immediate abolition of such avoidable tolls. In a statement issued here, Mir said imposing and […]

‘Agriculture department creating market avenues for vegetable growers’

Srinagar: Keeping in view the importance of vegetable grower’s interest, Department of Agriculture Kashmir has taken pro active steps for marketing of their crops. These views were expressed by Director Agriculture Kashmir Altaf Aijaz Andrabi while taking a meeting of various progressive vegetable growers of Pulwama District at meeting hall Agriculture Complex Lalmandi today. Director […]

Director Hoticulture take stock of activities at Zawoora centre

SRINAGAR: Director Horticulture, Ajaz Ahmad Bhat,KAS Monday visited Centre of Excellence being established at Zawoora Srinagar and inspected varietal profile of various fruit crops planted at the project site. He was accompanied by District Level Subject Matter Specialist Srinagar and other field officers. Directions were passed to the committee constituted recently to identify the varietal […]

Sahara Group says no layoffs; gives salary hikes, promotions to employees despite COVID

New Delhi: Even as COVID-related layoffs and salary cuts ensued across sectors, the Sahara Group on Monday said it has given pay hikes and promotions to its employees. Further, it said that there will be no layoffs of workers from any of its business vertical due to the coronavirus situation. The Sahara Group is also […]

Snacks industry expects Rs 35,000 cr revenue loss in FY21 due to COVID-19

Indore: The country’s snacks and sweets industry would suffer an estimated revenue loss of Rs 35,000 crore in the current financial year due to the coronavirus pandemic, an industry official said on Monday. Sweets and namkeen (snacks) manufacturers have reduced the production capacity due to the shortage of labourers in the midst of a slowdown […]

Markets open but cash and customers both missing

Srinagar: After reopening of markets in the city, traders are facing another challenge: neither there are customers, nor cash coming through. According to Abdul Rahman, a furnishing wholesaler in the city, the situation in markets is so bad that shopkeepers hardly see any customer for the entire day. Otherwise, he said, business used to be […]

3rd ‘free’ LPG refill under Covid relief package to be paid for first

3rd ‘free’ LPG refill under Covid relief package to be paid for first

Srinagar: Beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) scheme will not get advance amount for LPG cylinder refill in their bank account this month (June). Beneficiaries will have to pay for the refill from their own pocket and after that they will receive the money in their bank account. Under the Pradhan Mantri Garib […]