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Kashmiri Craft Revivalist Invited To UK Parliament for Discussion On ‘Gender Inclusivity In UK-India Trade and Investment Relationship’

Kashmiri Craft Revivalist Invited To UK Parliament for Discussion On ‘Gender Inclusivity In UK-India Trade and Investment Relationship’ SRINAGAR: Kadri Mujtaba, a distinguished craft revivalist from Kashmir and founder of the luxury pashmina brand, Me&K, has received a prestigious invitation to the House of Lords in the UK Parliament. He will be participating in a roundtable discussion on...
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Business 

Reliance Jio Telecommunications Launched awareness rally from Budgam to Pampore,State head Shehzan Hameed flagged off the rally

Reliance Jio Telecommunications Launched awareness rally from Budgam to Pampore,State head Shehzan Hameed flagged off the rally Budgam,18 March: Reliance JIO telecommunications Budgam organized 5G awareness rally from DC office Budgam to Pampore.In this rally About hundred bikers participated and were holding hoardings,banners in their hands.In this awareness program State head "Mr.Shehzan Hameed" and other employees of...
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Kashmir  India  Business  Jammu  Regional News 

Latest Budget Fails To Address Unemployment, Poverty Alleviation in J&K: NC

Latest Budget Fails To Address Unemployment, Poverty Alleviation in J&K: NC SRINAGAR: National Conference on Tuesday said the budgetary allocations for J&K for the year 2023-2024 have failed to cater to the needs of people of J&K saying it has nothing substantial for J&K’s trade, industry and commerce. While reacting to the budgetary allocations for J&K, Party's State Spokesperson Imran Nabi Dar said that it's all flamboyance and wordplay. “There is nothing for unemployed youth. No Blueprint on job creation for youth. We have lakhs of unemployed youths in J&K. There was not even a single word about addressing the plight of contractual, daily wagers and need based employees.” “There is no ray of hope for our unemployed and skilled youth. They have been forsaken,’ he added. The budget, Imran said, is the fifth budget in a row which wasn’t passed by the elected legislature of Jammu and Kashmir. “The exercise itself raises a question why entire populaces of nearly 1.40 Cr people continue to remain without a representative Assembly. An elected Assembly could have discussed and ascertained the needs and aspirations of the people of JK before tabling annual budgetary allocations and estimates. It is again for the fifth time that the concerned stakeholders were not consulted before the tabling of the budget,” he said. He said that there is nothing substantial for the horticulture sector of J&K. We expected them to announce a waiver on the KCC loans and bring down the GST rates on packaging items. “Their claims of boosting horticulture and other allied sectors have remained restricted to statements only. No steps have been taken to augment fruit processing infrastructure either.” There is no handholding of artisans, marginal traders, transporters, hawkers, and start-ups, he said, adding that the budget has failed to fulfil the needs and aspirations of all the stakeholders across Jammu and Kashmir. Ruing the failure of the government in upgrading the connectivity of Kashmir with the rest of the country, he said that there is nothing substantial for the up gradation and augmentation of Mughal road, Kishtwar-Sinthan road, Sadna top, and other road projects. (GNS)
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Kashmir  Business  Regional News 

Investments worth Rs 1547.87 CR. received by J&K during 2022-23: MHA

Investments worth Rs 1547.87 CR. received by J&K during 2022-23: MHA SRINAGAR: The Ministry of Home Affairs, Government of India, on Tuesday said that during the year 2022-23, till January 2023, a record investment of Rs. 1547.87 crore has been received by Jammu and Kashmir. “The investment during the current financial year is the highest ever compared to any of the previous financial years,” Minister of State for Home Nityanand Rai said in the Lok Sabha. “The Government expects investments to further increase in the next five years in various important sectors like manufacturing, service sector, healthcare and pharmaceuticals, agro based industry, tourism (including film & medical tourism) etc,” he said, as per the reply, a copy of which lies with GNS, adding, “In this connection, the Government of Jammu and Kashmir has already received investment proposals worth Rs. 64,058 crore.” Responding to question about the steps taken by the Government in encouraging investments in the J&K, Rai said that the Government of India has notified the New Central Sector Scheme for Industrial Development of Jammu & Kashmir on 19 February 2021. Various policy initiatives have been taken by the Government of Jammu and Kashmir. Several policies are notified for making the J&K an investor friendly destination and counted J&K Industrial Policy 2021-30 among them. Others include J&K Industrial Land Allotment Policy 2021-30, J&K Private Industrial Estate Development Policy 2021-30 and fourth one is J&K Wool Processing, Handicrafts and Handloom Policy 2020, he said. In addition, various other measures have been taken to improve business environment through ease of doing business, economic package, operation of night flights from Jammu and Srinagar, etc,” he added. (GNS)
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Lead Stories  India  World  Business 

J&K Bank Speaks up on Loan to Adani that loans given to Adani Group are secure,

J&K Bank Speaks up on Loan to Adani that loans given to Adani Group are secure, HT NEWS Desk  Srinagar, Feb 3: Jammu and Kashmir Bank, which has an exposure of nearly Rs 250 crore in the Adani Group, on Friday said the bank investors have nothing to worry as its loans to the embattled business...
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India  World  Business 

Adani Enterprises will be removed from the Dow Jones Sustainability indices.

Adani Enterprises will be removed from the Dow Jones Sustainability indices. New Delhi Feb 03 : Dow Jones Indices declared that it would remove Adani Enterprises  from widely used sustainability indices with effect from February 7. This may make the Adani group share less appealing to sustainability-minded funds. The news came...
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Lead Stories  Kashmir  India  World  Business 

RBI Speaks up in Adani-Hindenburg Row, Say they are keeping vigil : Nirmala Sitaraman

 RBI Speaks up in Adani-Hindenburg Row, Say they are keeping vigil : Nirmala Sitaraman NEW DELHI: After 6 days of market rout, few of the Adani Group stocks rebounded on Friday after French energy company TotalEnergies' positive sentiment on the firm. However, the rebound wasn't sufficient enough to compensate the massive losses it has...
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Kashmir  India  Business 

J&K Bank Speaks: Rs 250 Cr exposure in Adani Power, receiving repayments regularly

J&K Bank Speaks: Rs 250 Cr exposure in Adani Power, receiving repayments regularly J&K Bank Speaks: Rs 250 Cr exposure in Adani Power, receiving repayments regularly
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India  Business 

2nd highest Gross GST collection in January 2023, breaching earlier 2nd highest record in the Month of October 2022

2nd highest Gross GST collection in January 2023, breaching earlier 2nd highest record in the Month of October 2022 The gross GST revenue collected in the month of January 2023 till 5:00 PM  on 31.01.2023 is Rs 1,55,922 crore  of which CGST is Rs 28,963 crore, SGST isRs 36,730 crore, IGST is Rs 79,599 crore Rs...
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Education  Business 

JKEDI in Poonch to generate awareness among Youth to go for Startups and Entrepreneurship.

JKEDI in Poonch to generate awareness among Youth to go for Startups and Entrepreneurship. MUKARAM ALI  HT Spl CORRESPONDENT Poonch,28-Jan:  To generate Mindset for startups and entrepreneurship a mega event was today frontier district of Poonch. As a part of his ongoing visit to the Pir Panjal region, Ajaz Ahmad Bhat (IAS), Director, Jammu...
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Business 

Maruti Suzuki commences exports of Grand Vitara from Kamarajar Port

Maruti Suzuki commences exports of Grand Vitara from Kamarajar Port Chennai, Jan 19 (UNI) India’s leading passenger vehicle exporter Maruti Suzukitoday announced that it has commenced exports of its highly successful premiumSUV, Grand Vitara to Latin America and other countries.The first shipment of Grand Vitara sailed to...
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Business 

Business booms as valley sees huge influx of tourists this year

Business booms as valley sees huge influx of tourists this year    SRINAGAR, Aug 24: Tourism in Kashmir has flourished this year as the valley marked a rise in number of tourists from the whole country. Number of foreign tourists visiting Kashmir has also increased this time Kashmir's tourism players are quite...
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