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 […]
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 […]
SRINAGAR: A Kashmiri students of Aryans Group of Colleges, Chandigarh was felicitated by the Punjab Chief Minister Prakash Singh Badal for creating android app. According to a spokesperson of Aryans Group, Rumaisa of Aryans College of Engineering, Chandigarh’s was honoured by Badal for her innovation of “Aryans Android App” helping students to keep in touch […]
SRINGAR: J&K Bank has reported growth in its net profit by over 11 percent during the third quarter (Q3) ending on December 31. Banks’s net profit grew to Rs 321.29 crore in third quarter of 2013-14 as against Rs 289.40 crore during a year ago. Commenting on the result, Bank’s Chairman and CEO Mushtaq Ahmad […]
SRINAGAR: Expressing its disappointment and resentment against what it called ‘callous ineptitude’ towards handling the cross-Line of Control trade imbroglio, Kashmir Chamber of Commerce and Industries (KCCI) has impressed upon the government of India and Pakistan to take the issue at higher decision making level for immediate resumption of trade. “KCCI seeks to impress the […]
SRINAGAR: Finance Minister Abdul Rahim Rather Thursday said that agriculture is the important sector of the state economy and government is committed to revolutionise it by providing all possible facilities to the farmers of the state. Rather, according to an official spokesperson, was addressing a pre-budget interactive session here, which was attended by progressive farmers […]
Jammu: Jammu and Kashmir has vast potential of wind energy and wind masts have been installed at Bidda in Reasi, and Tatapani in Rajouri to tap this renewable energy, Union New and Renewable Energy Minister, Dr Farooq Abdullah said on Wednesday, according to an official spokesperson. He also said places of wind energy potential in […]
SRINAGAR: Valley based tour operators and mountaineers have asked Jammu and Kashmir government to desist from any plans to construct a road in world famous ski resort Gulmarg. In an emergency joint meeting of Adventure Tour Operators Association of Kashmir (ATOAK) and J&K Ski and Mountaineering Association (JKSMA) the office bearers and members of ATOAK […]
SRINAGAR: In the context of Reserve Bank of India’s directions to the banks to phase out the banknotes issued prior to 2005, J&K Bank has directed all its business units to stop reissuing the pre-2005 currency notes, a spokesperson of the bank said. However, the bank shall be accepting the notes from the public till […]
SRINAGAR: Ford on Monday unveiled the global Ford Figo Concept sedan in India, a move aimed at strengthening the company’s compact car portfolio. With the global unveiling of the sub 4-meter concept car, Ford is aiming for a substantial presence in the B segment, which is expected to touch 2 million units annually in India […]