BUSINESS

Vi Strengthens 'Vi Hero Unlimited' Proposition with Data Delight

To ensure a worry free data experience for its prepaid users Vi, leading telecom service provider, has launched ‘Vi Hero Unlimited Campaign’ with yet another unique proposition, ‘Data Delight’. With this, Vi users can unlock up to 2GB of extra data every month, over & above their daily quota, at no extra cost.

Manik Batra appointed as Chairman J-K Council, Tashi Gyaltson for Ladakh Council

Jammu, May 19: The Associated Chamber of Commerce and Industries of India (ASSOCHAM) – One of the oldest industry body of the country has constituted office bearers of Northern states and Union Territories for the year 2022-23 under the Chairmanship of Sh. Amrit Sagar Mittal, Chairman ASSOCHAM Northern Region Development Council (NRDC) and Vice Chair, International Tractors Ltd (Sonalika).

Vi partners with ICRIER to set up InViCT

J-K emerging as top destination for foreign, domestic investments

SRINAGAR, APRIL 26: Jammu and Kashmir is set to become the top investment destination in the country as it races up to various infrastructure projects and is reaching out to foreign and domestic investors through several forums and industrial summits.

Elon Musk's plans for Twitter could make its misinformation problems worse

By Anjana Susarla, Professor of Information Systems, Michigan State University Michigan, Apr 26 (The Conversation) Elon Musk, the world's richest person, acquired Twitter in a US 44 billion deal on April 25, 2022, 11 days after announcing his bid for the company. Twitter announced that the public company will become privately held after the acquisition is complete.

Shilpkari Bazaar: Jammu Bags 'Kala Nidhi' Award at 35th Suraj Kund Mela at Faridabad

Jammu: ‘Shilpkari Bazaar’ which is a Channi Himmat based Jammu organisation run by Sanchaita Pradhan Khajuria and Arnab Khajuria received the coveted "Kala Nìdhi" Award on the concluding ceremony of this event for showcasing and bringing the forgotten wild grass crafts of Jammu region to limelight. The Jammu and Kashmir (J&K) was the ‘Theme State’ of the 35th Surajkund International Crafts Mela 2022.

Team of senior EPFO officials concludes 2-day visit to J-K

JAMMU, APRIL 08: On the 2nd day of their two-day visit, FA&CAO, EPFO, Hemant Jain, and ACC (HQ) – Delhi, Uttrakhand, Jammu & Kashmir, and Ladakh, K. L. Taneja today visited Regional Office, Jammu. Rajiv Bisht (Additional Central P.F Commissioner); Sanjay Bisht (Regional P.F Commissioner-I); M. M. Ashraf (Regional P.F Commissioner-I); Rizwan Uddin (Regional PF Commissioner-I) were accompanying them during the visit.

RBI extends rationalised home loan norms till March 2023

Mumbai, Apr 8 (PTI) Seeking to facilitate a higher credit flow of individual housing loans, the RBI on Friday extended the rationalised home loan norms by another year till March 31, 2023. In October 2020, the Reserve Bank as a countercyclical measure to deal with the COVID situation had rationalised the risk weights by linking them only with Loan to Value (LTV) ratios for all new housing loans sanctioned up to March 31, 2022.

BUDGET 2022-23: Union Govt allocates whopping Rs 9289.15 cr to J-K JJM

JAMMU, APRIL 5: The Union government, in its objective to give a push to Jal Jeevan Mission in Jammu and Kashmir, has allocated a whopping sum of Rs 9289.15 crore to the UT under Jal Jeevan Mission 2022-23, which is Rs.6412.71 crore more the previous year’s budget allocation. "In 2021-22, the Centre had allocated Rs 2747 crore which was nearly 4 times more than the preceding year 2020-21.

Raipur: CGST arrests private firm owner on charge of tax evasion

Raipur, Apr 1 (PTI) The Central GST Commissionerate here has arrested the owner of a private firm for alleged tax evasion after conducting a search operation at his premises, during which it recovered fake bills collectively worth over Rs 31 crore, an senior official said.

Central Trade Unions begin two-day nationwide strike

ew Delhi, Mar 28 (PTI) The joint forum of central trade unions on Monday said that bandh-like situation prevailed in at least eight states due to the nationwide strike against various policies of the government. The two-day strike began on Monday. "There is a bandh-like situation in Tamil Nadu, Kerala, Puducherry, Andhra Pradesh, Telangana, Odisha, Assam, Haryana and Jharkhand," the forum said in a statement.

Vi introduces Vi MiFi, a high speed connectivity solution for the entire family

Jammu, 25th March, 2022: Vi, India’s leading telecom brand, has launched Vi MiFi for its customers on Vi Family Plans and Individual Postpaid Plans. Vi MiFi is a pocket-sized 4G router that delivers reliable, high speed and secure connectivity for multiple devices, while also being ideal for individuals wanting to stay connected on the go.

Shree Toyota launches Much-Awaited The Cool New Toyota Glanza in Jammu

March 26, 2022 | Jammu : Shree Toyota on Saturday launched the most exciting and much-awaited offering in the hatchback segment – The Cool New Glanza. Toyota’s most affordable offering in India priced at Rs 6.39 Lakh*, the Cool New Toyota Glanza wins customers with additional affordable variants, advanced features, dynamic look, sporty design & low cost of maintenance, making it a perfect value proposition in the segment.

Diesel price for bulk users hiked Rs 25/ltr, pvt retailers stare closure

New Delhi, Mar 20 (PTI) The price of diesel sold to bulk users has been hiked by about Rs 25 per litre in line with a near 40 per cent rise in international oil prices, but retail rates at petrol pumps remain unchanged, sources said.

Working to improve tax literacy in country for widening taxpayer net: CBDT chairman

New Delhi, Mar 20 (PTI) The Income Tax department is working to improve the "abysmally poor" tax literacy in the country so that the number of tax paying people and entities can be increased leading to enhanced collections, CBDT Chairman J B Mohapatra has said.

J-K Bank loan case: Chairman Mushtaq Ahmad Shaikh, 18 others booked

New Delhi, Mar 18 (PTI) The CBI has booked former J&K Bank chairman Mushtaq Ahmad Shaikh and 18 others for a Rs 800 crore loss to the bank caused due loans to REI Agro, which were issued in violation of guidelines, without tangible security and on fake documents, officials said.

J-K Budget groundbreaking, growth oriented: Priya Sethi

Senior BJP leader Incharge BJP HQ and former minister Priya Sethi on Tuesday termed the Budget presented by Finance Minister Nirmala Sitharaman as 'groundbreaking', 'transformational' and 'growth oriented' with thrust on 'inclusive development'.

A futuristic budget for rapid transformation of Jammu-Kashmir: Lt Governor Manoj Sinha

JAMMU, MARCH 15: Lieutenant Governor Manoj Sinha has expressed gratitude to Hon’ble Prime Minister Shri Narendra Modi and Hon’ble Union Finance Minister, Smt. Nirmala Sitharaman for the progressive and futuristic budget for rapid transformation of Jammu & Kashmir. Lok Sabha on Monday passed Rs 1,12,950 crore Jammu & Kashmir UT budget for 2022-23.

India good at managing finances but global energy price rise will hurt it: IMF MD

Washington, Mar 11 (PTI) India has been very good at managing its finances but the surge in global energy prices after Russia's military operations in Ukraine is going to have a negative impact on its economy, according to IMF Managing Director Kristalina Georgieva.

GST collection up 18 percent

New Delhi, Mar 1 (PTI) GST collections in February stood at over Rs 1.33 lakh crore in February, an 18 per cent growth over the year-ago period, the Finance Ministry said on Tuesday. The February mop-up was impacted by the Omicron wave that swept through the country and hence, the gross sales tax collection was lower than the record Rs 1,40,986 crore netted in January.

Asian shares climb amid Russia-Ukraine talks, oil worries

Tokyo, Mar 1 (AP) Asian shares mostly rose Tuesday as global investors eyed talks aimed at ending the Russian military assault on Ukraine, which so far have yielded just an agreement to keep talking. Benchmarks were higher in early trading in Tokyo, Sydney and Shanghai. Hong Kong declined and markets were closed in South Korea for a holiday. U.S. futures edged lower and oil prices rose.

Centre to borrow Rs 11.6 lakh cr in FY'23 to meet expenses

ew Delhi, Feb 1 (PTI) The government will borrow about Rs 11.6 lakh crore from the market in 2022-23 to meet its expenditure requirement. This is nearly Rs 2 lakh crore higher than the current year's Budget estimate of Rs 9.7 lakh crore. Total market borrowings of the government for 2022-23 are estimated at Rs 11,58,719 crore, according to the Budget document.

400 new Vande Bharat trains to be introduced: FM

New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Tuesday proposed to introduce 400 new Vande Bharat trains and said contracts for multi-modal parks at four locations will be awarded next fiscal. She also said that a rationalised scheme to increase domestic oilseed production will be brought in to cut down imports.

Govt to pay Rs 2.37 lakh crore for procurement of wheat, paddy under MSP

New Delhi, Feb 1: Finance Minister Nirmala Sitharaman on Tuesday said the government will pay Rs 2.37 lakh crore towards procurement of wheat and paddy under MSP operations. The fiscal 2022-23 has been announced as International Year of Millets, the finance minister said while presenting the Union Budget for 2022-23.

SBI suspends circular on recruitment of pregnant women

New Delhi, Jan 29 (PTI) After facing criticism from various quarters, the country's largest lender State Bank of India (SBI) on Saturday decided to suspend its circular on recruitment of pregnant women. SBI recently reviewed its 'Fitness Standards for Recruitment in the Bank', including norms for Pregnant Women candidates.

Sensex skids for third day to close below 60k; RIL, IT stocks tumble

Mumbai, Jan 20 (PTI) BSE benchmark Sensex spiralled lower for the third consecutive session on Thursday to finish below the 60,000-level, weighed by hectic selling in IT, energy and finance stocks amid a sell-off in European equities. A depreciating rupee and continued selling by foreign investors also affected the market sentiment, traders said. The 30-share BSE index ended 634.20 points or 1.06 per cent lower at 59,464.62.

Baldev Prakash takes charge as J-K Bank's first MD-CEO

SRINAGAR, DECEMBER 30: Baldev Prakash today joined the J&K Bank as its first Managing Director & Chief Executive Officer (MD & CEO). Bank’s Executive President Sunil Gupta, who was flanked by Presidents, Vice-Presidents and other senior officers warmly welcomed the MD & CEO on his first day at the corporate headquarters here.

Asiya, a successful dairy farmer considers dairying a promising solution to growing unemployment

SHOPIAN, DECEMBER 27: Hailing from a family with agricultural background, there has been no looking back for Asiya Bashir who at the very beginning had the idea of becoming an entrepreneur, supporting her family financially.

ASSOCHAM organizes interaction with Principal Secretary Industries to mark second anniversary of J-K Chapter

Jammu, December 28: The J&K council ASSOCHAM organized interaction with Principal Secretary Industries and Commerce to mark its second anniversary in Jammu and Kashmir. Ranjan Prakash Thakur, Principal Secretary Industries and Commerce, J&K was chief Guest and Anoo Malhotra, Director Industries Jammu was special Guest on the occasion.

J-K received investment proposals worth Rs 31,000 crore: Govt to Rajya Sabha

New Delhi, Dec 22 (PTI) Jammu and Kashmir has received investment proposals worth Rs 31,000 crore and has notified a new central sector scheme worth Rs 28,400 crore which is likely to provide employment to over 4.5 lakh people, the Rajya Sabha was informed on Wednesday.

Irked by people's sufferings due to PDD employees' strike, CCI urges Govt to resolve issue without delay

Jammu: Irked by people’s sufferings due to PDD employees’ strike, CCI urges Govt to resolve issue without delay. the Chamber of Commerce and Industries Jammu (CCI) convened an urgent meeting of the members to discuss the current situation arising due to indefinite strike of power employees as a result of which the common man has suffered a lot.

Bharat Benz inaugurates new dealership in Jammu & Kashmir

Jammu, December 18: Expanding its footprint in the Northern region, Daimler India in association with PAL Trucking inaugurated the new BharatBenz dealership in Jammu. The opening of the new touchpoint in Jammu, a major construction hub these days, reflects the increasing demand for BharatBenz products in the UT of J&K and UT of Ladhakh. Speaking on the inauguration, Mr.

ASSOCHAM submits suggestion to Niti Aayog

Jammu, December 17: ASSOCHAM J&K Council today suggested Incentives for IT services and development of tourism circuit in Jammu to Dr. V K Saraswat, member of NITI Aayog in Jammu along with other suggestions for the holistic development of the Union Territory. Manik Batra, Chairman, ASSOCHAM J&K Council today briefed Dr.

Bank strike continues for second day; services across country hit

New Delhi, Dec 17 (PTI) Lakhs of employees of public sector banks continued their strike on the second day on Friday as well to protest against proposed privatisation of banks by the government impacting normal operation across the country.

Cabinet approves Rs 76,000 cr policy push for semiconductor, display mfg

New Delhi, Dec 15 (PTI) The Union Cabinet on Wednesday approved a Rs 76,000 crore policy boost for semiconductor and display manufacturing ecosystem in the country in an bid to position India as a global hub for hi-tech production. Announcing the decision of the Cabinet, IT and Telecom Minister Ashwini Vaishnaw observed that electronics plays an important role in everyday life, and semiconductor chips forms a crucial part of electronics.

Rupee unchanged at 75..78 against US dollar

Mumbai, Dec 13 (PTI) The Indian rupee gave up its early gains to settle unchanged at 75.78 against the US dollar on Monday as sell-offs in domestic equities and firming crude oil prices weighed on forex market sentiment. At the interbank foreign exchange market, the local currency opened on a strong note at 75.64 and traded between a high of 75.63 and a low of 75.78 against the US dollar in a highly volatile trading session.

J-K: GSI completes preliminary survey of scientific exploration for Paddar sapphire mines

Jammu, Dec 10 (PTI) The Geological Survey of India has completed the preliminary survey for scientific exploration of sapphire mines in Jammu and Kashmir's Kishtwar district, officials said on Friday. Sapphire found in the Paddar Valley in the district is famous world-over for its unique peacock blue colour, they said.

Delhi Police arrests former Religare CEO in Rs 2,300 crore RFL scam case

New Delhi, Dec 10 (PTI) The Economic Offences Wing of Delhi Police has arrested a former Group CEO of Religare Enterprises Limited in connection with siphoning off public money of over Rs 2,300 crore, officials said. The accused has been identified as Krishnan Subramanian, a resident of Rohini in north west Delhi, they said.

Gold slips, silver drops Rs 158

New Delhi, Dec 9 (PTI) Gold prices slipped marginally by Rs 6 to Rs 47,156 per 10 gram in the national capital on Thursday on mixed global cues, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 47,162 per 10 grams. Silver also declined by Rs 158 to Rs 60,230 per kg from Rs 60,388 per kg in the previous trade.

New Bill on cryptocurrency after Cabinet approval: Sitharaman in Rajya Sabha

New Delhi, Nov 30 (PTI) The government will soon bring in a new Bill on cryptocurrency after it is approved by the Union Cabinet, said Finance Minister Nirmala Sitharaman on Tuesday in the Rajya Sabha.

RBI supersedes board of Reliance Capital; appoints administrator

Mumbai, Nov 29 (PTI) The RBI on Monday superseded the board of Reliance Capital Ltd (RCL), promoted by Anil Ambani's Reliance Group, in view of the defaults in meeting payment obligations. The RBI said the board has been superseded "in view of the defaults by RCL in meeting the various payment obligations to its creditors and serious governance concerns which the Board has not been able to address effectively".

Sitharaman hands over credit sanction letters to 145 beneficiaries of Rs 306 crore in Jammu, launches new schemes for women entrepreneurs

Jammu: Union Finance and Corporate Affairs Minister, Nirmala Sitharaman in his two days visit to Jammu and Kashmir handed over Rs. 306 crore to 145 beneficiaries of central government schemes. Nirmala Sitharaman handed over sanction letters to 145 beneficiaries for Rs.

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

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.

DP World says committed to realise true biz potential of J-K through improved mkt connectivity

Srinagar, Oct 18 (PTI) DP World Dubai, one of the leading logistic companies, on Monday said it was committee to connect Jammu and Kashmir to rest of India and the world in terms of logistical services to realise the true business potential of the region. "We are committed to connect Jammu and Kashmir to the rest of India.

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

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

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

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

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

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.