The Northern Herald

  • US sabotaging China-Pakistan Economic Corridor: Pakistan PM's aide

    Oct 24, 2021

    Islamabad: Chief of the China-Pakistan Economic Corridor (CPEC) Authority has accused the United States of sabotaging the multi-billion dollar project, the economic lifeline of Pakistan, a media report said. The ambitious CPEC was launched in 2015 when Chinese President Xi Jinping visited Pakistan.

  • Union Minister MSME visits Groovy's plant at Panthal, Katra

    Oct 18, 2021

    Ranjit Thakur Jammu: To give boost to Micro, Small and Medium Enterprises in Jammu and Kashmir, Union Minister Bhanu Partap Singh Verma visited Trikuta Agro Products Private Limited and Trikuta Pulp and Nectars Plant at Panthal, Katra last week to review the progress and possibilities of Sustainable and Environment-friendly Industrial Production in the Union Territory.

  • Hidden beauty of Bhaderwah Valley

    Oct 18, 2021

    By MOHD SADAQ The land of splendors and surprises, valley of Bhaderwah, located in the foothills of Himalayas is famous for its resplendent green and sparkling singing waters. A land of captivating cultural pageants and entrancing pilgrimages, Bhaderwah is also known as "Chota Kashmir " and some of the writers even call it the Switzerland of India .

  • Petrol, diesel prices hiked again

    Oct 14, 2021

    New Delhi, Oct 14: After two days of lull, petrol and diesel price was again hiked by 35 paise per litre, sending retail pump prices to their highest ever level across the country. The price of petrol in Delhi rose to its highest-ever level of Rs 104.79 a litre and Rs 110.75 per litre in Mumbai, according to a price notification of state-owned fuel retailers. In Mumbai, diesel now comes for Rs 101.

  • CCI delegation calls on Chief Secretary; holds discussion on traders issues

    Oct 09, 2021

    Jammu: Representatives of Chamber of Commerce and Industry Jammu led by its President Arun Gupta along with Senior Vice President Anil Gupta, Secretary General Gaurav Gupta and Secretary Rajesh Gupta called on Chief Secretary Dr Arun Kumar Mehta at Civil Secretariat Srinagar on Saturday and had an amicable discussion on the Charter of Demands already shared with Government.

  • UK wants trade and security pact with India, says minister Truss

    Oct 03, 2021

    London: The UK wants to strike agreements covering trade and security with India and other democratic nations in the strategic Indo-Pacific region to challenge the influence of authoritarian states, Britain's new Foreign Secretary Liz Truss said on Sunday.

  • CCI delegation calls on MOS Finance; submits memo, highlights issues of trade and industry

    Sep 28, 2021

    Jammu: Chamber of Commerce and Industries (CCI) Jammu delegation met the Union MoS Finance, Pankaj Choudhary in Jammu and submitted a memorandum of demands pertaining to the trade and industry sector of Jammu Province to the Union Minister. At the outset the delegation led by the Chamber President Arun Gupta thanked the Minister for providing them an opportunity to interact with him to convey their issues and problems.

  • Markets maintain record run; Sensex breaches 59k for first time

    Sep 16, 2021

    Mumbai, Sep 16: Market benchmark Sensex scaled the 59,000-mark for the first time on Thursday as investors remained in risk-on mode following the government's policy support measures for various sectors. Advancing for the third consecutive session, the 30-share BSE index climbed 417.96 points or 0.71 percent to its new closing peak of 59,141.16. It touched an intra-day record of 59,204.29. Similarly, the broader NSE Nifty surged 110.

  • CCI resents NHAI's anti-encroachment drive, seeks approach path for business establishments

    Sep 08, 2021

    Jammu: The Chamber of Commerce and Industries (CCI), Jammu on Tuesday resented the ongoing anti-encroachment drive led by National Highways Authority of India (NHAI) officials along NH-44 by terming it as arbitrary and sought provision to allow path for having access to business establishments on highway as already businessmen are passing through tough time due to pandemic COVID-19.

  • India, UK sign up to new climate finance initiative

    Sep 02, 2021

    London: The Indian and UK governments agreed on a new tie-up to finance inclusive, resilient, and sustainable infrastructure in India by harnessing public and private capital to meet the country's low-carbon goals.

  • Tata Steel to invest Rs 3,000 cr in Jharkhand in next 3 yrs to expand capacities

    Aug 28, 2021

    New Delhi: Domestic steel giant Tata Steel expressed commitment to investing Rs 3,000 crore in Jharkhand in the next three years to augment capacities. The commitment was made at the launch of the Jharkhand Industrial and Investment Promotion Policy (JIIPP) 2021 here, launched by Chief Minister Hemant Soren.

  • Make mandatory bumper-to-bumper insurance: HC

    Aug 26, 2021

    Chennai, Aug 26: In a significant order, the Madras High Court has ruled that "bumper-to-bumper" insurance should be mandatory whenever a new vehicle is sold, from September 1. This must be in addition to covering the driver, passengers and owner of the vehicle, for a period of five years.

  • Global markets lower amid China, Afghanistan unease

    Aug 17, 2021

    Beijing, Aug 17: Global stock markets and Wall Street futures sank Tuesday amid turmoil in Afghanistan and unease about China's economic outlook after weak July activity. Investors looked ahead to a speech by Federal Reserve Chairman Jerome Powell for an update on the health of the biggest global economy. Traders also awaited U.S. retail sales and factory data. Markets in London and Frankfurt opened lower.

  • PM transfers about Rs 19,500 cr to over 9.75 cr farmers under PM-KISAN

    Aug 09, 2021

    New Delhi, Aug 9: Prime Minister Narendra Modi on Monday virtually transferred about Rs 19,500 crore to over 9.75 crore beneficiaries farmers under the government's PM-KISAN scheme. With this, the government has so far transferred nine installments amounting around Rs 1.57 lakh crore to farmer families under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme.

  • Industrial Estate coming up at Sahar Logate, Kathua

    Jul 26, 2021

    SRINAGAR, JULY 26: The Administrative Council (AC) which met on 24th July under the chairmanship of the Lieutenant Governor, Manoj Sinha, gave administrative approval to the establishment of an industrial estate at Sahar Logate, Kathua. The project with a timeline of 3 years, envisages developing a land bank stretching over 900 kanals at an estimated cost of Rs. 63.

  • CCI team calls on MoS Finance, seeks package for Jammu

    Jul 16, 2021

    The Chamber of Commerce and Industry (CCI) delegation called on MoS Finance Pankaj Choudhary and demanded a special financial package for the business fraternity of the Union Territory in wake of snarling business activity witnessed due to restrictions which J&K saw in the last 18 months due to pandemic.

  • Petrol crosses Rs 100-mark in UP, Chhattisgarh, Nagaland

    Jul 10, 2021

    New Delhi, Jul 10: Petrol price on Saturday crossed the Rs 100-per-litre mark in some places in Uttar Pradesh, Chhattisgarh and Nagaland after fuel prices were hiked yet again. Petrol price was hiked by 35 paise per litre and diesel by 26 paise, according to a price notification of state-owned fuel retailers. This took fuel prices across the country to a fresh high. In Delhi, petrol price rose to Rs 100.

  • Economy treads cautiously optimistic on pent-up demand: ASSOCHAM

    Jul 09, 2021

    New Delhi: After a tough first quarter, the Indian economy is finding demand back on the back of a strong level of activities in a construction-related business, consumer durables like air-conditioners, refrigerators and other electrical gadgets and rural segments of the fastmoving consumer goods. Even domestic travel and tourism is witnessing an unleashing of pent-up demand, giving a pleasant surprise, as per an ASSOCHAM assessment.

  • Petrol hits Rs 100/litre in Delhi

    Jul 07, 2021

    New Delhi, Jul 7: Petrol price on Wednesday crossed the Rs 100-a-litre mark in Delhi after fuel prices were hiked again on the back of firming international oil rates. Petrol price was increased by 35 paise per litre, while diesel rates were increased by 17 paise a litre, according to a price notification from state-owned fuel retailers. In Delhi, the price of petrol soared to Rs 100.21 per litre and diesel rates rose to Rs 89.53 a litre.

  • Jammu's only Lilium garden attracting nature enthusiasts

    Jul 06, 2021

    Ranjit Thakur Jammu, July 6: Amid lush green woods with trekking trails, Floriculture Department has developed Jammu's first Lilium garden at Sanasar, attracting nature enthusiasts. Around 20,000 Lilium flowers standing bloomed are ready to welcome visitors amid COVID restrictions at the site located some 20-kilometres from the Jammu-Srinagar National Highway in Ramban.

  • Petrol crosses Rs 100 in Tamil Nadu after steep hike in fuel rates

    Jun 26, 2021

    New Delhi, Jun 26: Petrol price soared past Rs 100-a-litre mark in Tamil Nadu after fuel prices were hiked again on Saturday. Petrol and diesel prices were hiked by 35 paise per litre each - the steepest in recent times, according to a price notification of state-owned fuel retailers. The increase took rates across the country to fresh highs with Tamil Nadu becoming the latest state to see petrol cross Rs 100-a- litre mark.

  • Vi Introduces Fully Managed Voice Service for Enterprise Customers

    Jun 22, 2021

    Jammu, June 22: Vi Business, the enterprise arm of Vodafone Idea Ltd. (VIL), has introduced Managed SIP service for businesses for whom voice calls are a key business resource. Most Indian BPOs/KPOs, the BFSI and IT/ITES, telemarketers, VAS providers, conference service providers and similar sectors are currently relying on legacy TDM based PRI connections from multiple vendors and do not have a clear view on the efficacy of each service.

  • Sensex, Nifty scale new peaks; banking shares drive rally

    Jun 15, 2021

    Mumbai, Jun 15: Equity benchmarks Sensex and Nifty rose for the fourth straight session to settle at fresh life-time highs on Tuesday as investors shrugged off concerns over rising inflation to focus on positive cues coming from global markets. At the closing bell, the BSE Sensex quoted higher by 221.52 points or 0.42 per cent at a new peak of 52,773.05. The index also hit its all-time intraday high of 52,869.51 during the session.

  • GST revenues up 65persent in May at Rs 1.02 lakh crore

    Jun 05, 2021

    New Delhi: GST revenue mop-up remained above the Rs 1 lakh crore mark for the eight straight months in May at over Rs 1.02 lakh crore. The May 2021 collection is 65 percent higher than Rs 62,009 crore the Goods and Services Tax (GST) revenue of May 2020. Collections last year were impacted as economic activity took a hit due to the nationwide lockdown imposed to check the spread of COVID-19.

  • Markets reopen in Jammu and Kashmir as unlock process begins

    May 31, 2021

    Jammu/Srinagar, May 31: After a month-long lockdown imposed due to a surge in COVID-19 cases, markets reopened in Jammu and Kashmir on Monday as the process of partial unlock started in the Union Territory, officials said. According to new guidelines imposed by authorities on Sunday, shops have been allowed to open on alternate days.

  • Rupee gains 6 paise to close at 73.12 as dollar, crude oil decline in global market.

    May 20, 2021

    Mumbai, May 20: The rupee strengthened by 6 paise to end at 73.12 against the US dollar on Thursday, tracking the weakness in the American currency in the overseas market. At the interbank forex market, the local unit opened at 73.16 against the greenback and witnessed an intra-day high of 73.09 and a low of 73.17. It finally ended at 73.12 against the American currency, registering a rise of 6 paise over its previous closing.

  • GST revenue hits all-time high of Rs 1.41 lakh cr in April

    May 01, 2021

    New Delhi, May 1: GST collections in April touched a record high of over Rs 1.41 lakh crore, indicating sustained economic recovery, the Finance Ministry said on Saturday. The revenues for the month of April 2021 are 14 per cent higher than Rs 1.23 lakh crore collected in March. During the month, the revenues from domestic transaction (including import of services) are 21 per cent higher over the last month.

  • Blocked hashtag calling for PM's resignation by mistake, says Facebook

    Apr 29, 2021

    New Delhi, Apr 29: Social media giant Facebook on Thursday said it had temporarily blocked a hashtag calling for the Prime Minister's resignation "by mistake" and that it wasn't done on government orders. The development comes amid reports that social media companies are being asked to remove posts that are critical of the government's handling of the coronavirus pandemic.

  • Rupee tanks 52 paise as fresh lockdown measures unnerve investors

    Apr 19, 2021

    Mumbai, Apr 19: The rupee plunged by 52 paise to close at 74.87 against the US dollar on Monday as fresh lockdown measures by some states to control spiralling cases of COVID-19 unnerved investors and stoked fears of forex outflows. Losses in the domestic equity markets also weighed on the rupee which was the worst performer among Asian currencies on Monday, analysts said. At the interbank forex market, the local unit opened lower at 74.

  • Sensex crashes over 1,300 pts on spiking COVID-19 cases; Nifty below 14,300

    Apr 19, 2021

    Mumbai, Apr 19: Equity benchmark Sensex crashed over 1,300 points in early trade on Monday, tracking massive across-the-board selloff as mounting COVID-19 cases spooked investor sentiment. The 30-share BSE index was trading 1,318.21 points or 2.70 per cent lower at 47,513.82. Similarly, the broader NSE Nifty tanked 394.90 points or 2.70 per cent to 14,222.95. All Sensex components were in the red.

  • Rupee spurts by 58paise to over 1-week high on easing US yields

    Apr 16, 2021

    Mumbai, Apr 16: The rupee on Friday soared by 58 paise to end a more than one-week high of 74.35 against the US dollar on easing US bond yields and positive domestic equities. A weak dollar overseas and foreign fund inflows also supported the rupee. At the interbank forex market, the local unit opened at 74.76 against the greenback and witnessed an intra-day high of 74.28 and a low of 74.76. It finally ended at 74.

  • Gold falls Rs 57, silver declines Rs 270

    Apr 12, 2021

    New Delhi, Apr 12: Gold prices fell Rs 57 to Rs 46,070 per 10 gram in the national capital on Monday following weak global cues, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,127 per 10 gram. Silver also declined Rs 270 to Rs 66,043 per kg, from Rs 66,313 per kg in the previous trade. In the international market, gold was quoting lower at USD 1,738 per ounce and silver was flat at USD 25.

  • Sensex nosedives 1,708 pts amid massive selloff; Nifty plunges below 14,350

    Apr 12, 2021

    Mumbai, Apr 12: Equity benchmark Sensex plummeted 1,708 points on Monday following an across-the-board selloff as spiking COVID-19 cases in the country spooked investors. The 30-share BSE index sank 1,707.94 points or 3.44 per cent to end at 47,883.38. Similarly, the broader NSE Nifty plunged 524.05 points or 3.53 per cent to finish at 14,310.80.

  • Rupee slips below 75/USD level, logs 6th straight session of loss

    Apr 12, 2021

    Mumbai, Apr 12: The rupee fell for the sixth straight session and settled 32 paise down at 75.05 (provisional) against the US dollar on Monday amid a lacklustre trend in the domestic equities ahead of the release of key macro-economic data. Moreover, rising crude oil prices, foreign fund outflows and spiking COVID-19 cases weighed on the domestic currency. At the interbank forex market, the local unit opened at 74.

  • Sensex tumbles 871 pts; Nifty tanks below 14,650

    Apr 05, 2021

    Mumbai, Apr 5: Equity benchmark Sensex tanked 871 points on Monday, dragged by a selloff in financial stocks as spiking COVID-19 cases spooked investors and fanned concerns over economic recovery. After plunging over 1,400 points earlier in the day, the 30-share BSE index pared some losses to finish at 49,159.32, down 870.51 points or 1.74 per cent. Similarly, the broader NSE Nifty sank 229.55 points or 1.54 per cent to 14,637.80.

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