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 […]
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 […]
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% […]
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 […]
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 […]