Investors Become Poorer By Rs 7.25 Lakh Crore In 2018

NEW DELHI — Investor wealth eroded by Rs 7.25 lakh crore in 2018 amid volatile broader market conditions. The market capitalisation (m-cap) of the BSE-listed companies slumped by Rs 7,25,401.31 crore to Rs 1,44,48,465.69 crore this year. The BSE benchmark Sensex has gained 2,011.5 points, or 5.90 per cent, in 2018. From its all-time peak of […]

J&K Bank Instrumental In State’s Economic Growth: Governor

JAMMU — Governor Satya Pal Malik today launched and unveiled the JK Bank Wall Calendar and Diary 2019 at Raj Bhawan in presence of K. K. Sharma. Advisor to Governor;  Parvez Ahmed, Chairman & CEO, J&K Bank; Umang Narula, Principal Secretary to Governor;Navin Kumar Choudhary, Principal Secretary Finance; and senior management of the Bank. The […]

Banking Sector On ‘Course To Recovery’ As NPAs Recede: RBI

MUMBAI — The banking sector is on “course to recovery” as the afflicting non-performing assets recede, but state-run lenders need reforms in governance, Governor Shaktikanta Das said on Monday. The weaker ones among the public sector banks need to be supported through recapitalisation, the Governor said in his foreword to RBI’s half-yearly financial stability report (FSR). […]

Subsidised LPG Price Cut By Rs 5.91;Non-Subsidised Rate Reduced By Rs 120.50

NEW DELHI — Domestic cooking gas (LPG) price was cut by Rs 5.91 per cylinder Monday, the second straight reduction in a month’s time due to tax impact on reduced market rate of the fuel. A 14.2-kg subsidised LPG cylinder will cost Rs 494.99 in the national capital from midnight tonight as against Rs 500.90 currently, […]

Governor Releases Compendium On Budget 2019-20

JAMMU — Governor, Satya Pal Malik today said the State Budget 2019-20 has laid a progressive roadmap for implementing a series of structural reforms to foster a new era of development, growth and prosperity in Jammu and Kashmir. “The Government has enumerated a slew of measures in the budget with adequate financial support to ensure that […]

Govt Hopeful Of Path-Breaking Tourist Inflow In 2019

SRINAGAR — Asserting that Gulmarg, a world-famed tourist destination—is offering wide-range of facilities, Advisor to the Governor, Khurshid Ahmad Ganai on Monday urged tourists to visit the State—having diverse tourism products and unmatched beauty. While kickstarting series of winter sports activities at Gulmarg— including national snow-skating championship, Ganai, said that this winter, Gulmarg is humming with life under a thick blanket of snow […]

‘Availability Of Quality Seed Material To Farmers Agri Dept’s Top Priority’

SRINAGAR — Director Agriculture Kashmir, Syed Altaf Aijaz Andrabi today said that the ensuring availability of quality and affordable seed material to farmers is department’s top priority, as the same will help in increasing the yield of crops year on year basis. The Director was speaking during a visit to Seed Multiplication Farm, Padgampora. Andrabi said […]

Govt To Setup Sheep Markets In Every District

SRINAGAR — For organized trade of livestock, Government to setup sheep Mandis in every district, besides slaughter houses in every block if the state. This was stated by Principal Secretary Animal, Sheep and Fisheries Department Dr Asghar HassanSamoon during a three-day tour of Chenab valley to access the sheep, animal, fisheries and transport department in the […]

May Good Sense Prevail In All Of Us!

We have been hearing lies and allegations by one Molvi Nauman Batakpuri alias Nomani which he has been frequently making on the pulpit of Prophet Mohammad (SAWW) at a mosque against all the sects of the Muslim Ummah. Unfortunately the pulpit which is to be used for the propagation of Islam is being used for […]

On A Wing And A Prayer

2018 has ended on a sombre note in Kashmir. This year again saw the violence take the centre stage. Militancy expectedly grew from strength to strength. The rising number of killings have led to corresponding replenishment. The beginning of 2019 thus eerily recalls the start of 2018. Militancy-wise, the Valley is poised precariously where it […]