NEW DELHI: Private-sector lender HDFC Bank has launched its toll-free banking service which will help customers in carrying out six basic banking transactions just by dialling the numbers. Customers will receive an instant SMS with the information requested including mini statement and balance enquiry on their registered mobile number, said Nitin Chugh, HDFC Bank head […]
NEW DELHI: Putting a question mark on the entire project of privatising six major airports developed by Airports Authority of India (AAI) including Kolkata and Chennai, the bidding process has been postponed once again till mid-March. This is the third postponement since November last year when the process was formally started. Problems have arisen on […]
We have a ‘reduce’ rating on Jammu and Kashmir Bank Ltd and maintain our negative outlook. We roll forward our target price to R1,300 (from R1,250), which would imply 1x P/B and 6x EPS. We are less comfortable on the growth within J&K in segments like priority sector where we believe that the NPL risk […]
SRINAGAR: The Valley hoteliers have welcomed the budget announcement by Finance Minister Abdul Rahim Rather terming it as ‘tourism friendly’. However, the hoteliers have urged government to provide industrial benefits also to the tourism sector for its promotion. In a joint statement, Kashmir Hotels and Restaurant Association (KHARA) and Kashmir Hotels and Restaurant Owners Federation […]
Jammu: Minister for Planning, Labour and Employment, Ajay Sadhotra has asked the authorities of the companies executing Rail, Road and Power Projects in the State to evolve a system to benefit the families affected during project implementation besides engaging maximum locals in skilled and unskilled jobs. This was stated by the minister while taking stock […]
NEW DELHI: State Bank of India, the country’s largest lender, has cut deposit rates by up to 0.50 per cent starting February 18. While deposit rates for maturities of three to five years have been lowered by 0.25 per cent, those for five years and above have been cut by 0.50 per cent, SBI said […]
By AIJAZ LONE The Omer Abdullah lead J&K government seemed to be in much hurry to present the state budget for financial year 2014-15. Being the last budget of NC-Congress lead collation government, preparations were more glowing than financial realities of the state. The state economy in the past has faced challenges with regard to […]
Anantnag: Directorate of Horticulture in collaboration with chief horticulture officer Anantnag Saturday conducted one day awareness camp for fruit growers of the district here. The camp was chaired by Deputy Director Horticulture Planning. The experts from Krishi Vigyan Kendra Dooru, SKUAST and Horticulture department made the growers aware about the pre and post harvest management […]
NEW DELHI: Gold and silver prices extended gains for the third straight day here Saturday on sustained buying by stockists for the wedding season and a firming global trend. While gold inched up by Rs 5 to Rs 30,985 per 10 grams, silver spurted by Rs 1,000 to Rs 47,000 per kg. Traders said sustained […]
BUDGAM: National Bank for Agriculture & Rural Development (NABARD) organised a Financial Literacy Workshop at ITI here on Saturday. The workshop was attended by young trainees of ITI Budgam engaged in Handicrafts, Handlooms and other allied activities. The Camp was inaugurated by District Development Manager NABARD Budgam and Officer in Charge NABARD Srinagar. Assistant Director […]