BUSINESS NEWS

KHARA shifts office to Rajbagh

SRINAGAR: Kashmir Hotel and Restaurant Association (KHARA) has shifted its office to Rajbabh, opposite Radio Colony near girls higher secondary school, Rajbagh. General Secretary, Adil Khan has requested all to send in all the communications to their new office henceforth.

CM grieved over demise of Maqbool Shaw

JAMMU: Chief Minister, Mufti Mohammad Sayeed, has expressed grief over the demise of noted Kashmiri businessman, Mohammad Maqbool Shaw, who breathed his last in New Delhi yesterday. In his message of condolence, Mufti Sayeed conveyed his sympathies to the bereaved family members in their hour of grief and prayed for peace to the departed soul.

ADA Group’s 500-seater call centre in offing

SRINAGAR: As a sequel to Chief Minister Mufti Mohammad Sayeed’s meeting with Anil Ambani, owner of ADAG  (Anil Dhirubhai Ambani Group) in Mumbai last month, Reliance Communications will make its 500-seater Call Centre functional here from April next year. This was revealed in a meeting chaired by the Chief Minister with a high-level team from […]

CM to head skill development mission

SRINAGAR: Government Thursday granted sanction to the constitution of J&K Skill Development Mission, which will provide broad policy guidelines to be implemented by Technical Education Department in coordination with other concerned departments, Institutions and Autonomous Bodies. The Chief Minister will head the Mission while as Ministers for Finance, Technical Education, Labour & Employment and the […]

KCCI discusses business avenues with Australian High Commissioner

SRINAGAR: A delegation of The Kashmir Chamber of Commerce & Industry (Inc) led by Gowher Maqbool the Sr. Vice President, KCCI had an interactive meeting with the High Commissioner of Australia on his visit to Srinagar on the 9th of December 2015. Various important trade related issues, the issues related to the economic development of […]

SADIA: Smashing Taboos

With Kashmir coming out of the throes of decades long conflict situation youth are fast taking a front seat in shaping both political and economical landscape of this tormented but beautiful land. Women in Kashmir have always played a key role in shaping the society here be that in social arena or business. Young women […]

Oil drops again below $40 as OPEC ramps up production

LONDON: Oil prices went below the $40-mark for the second time within a month on the previous trading day on Monday, following a decision of the Organisation of Petroleum Exporting Countries (Opec) late last week to keep producing optimally in an already saturated market. As per latest OPEC data, its new reference basket of 12 […]

Parliament logjam and dip in oil stocks subdue markets

NEW DELHI: The prevailing logjam in parliament coupled with prospects of a US rate hike and the decline in oil and gas stocks subdued Indian equity markets, leading to a barometer index to provisionally close 253 points down on Tuesday. Initially, both the bellwether indices of the Indian equity markets opened on a negative note […]

ECHBO seek financial assistance

Srinagar: While seeking financial assistance from the government Economic Class House Boat Owners Tuesday said that they are yet to receive any sort of post September 2014 flood relief due to which they are facing tremendous hardships. Addressing a news conference in Srinagar, president ECHBO, Noor Muhammad Zaindari said they are beset with multiple problems […]

LMD to establish advanced labs to improve accuracy of weighing, measuring instruments

JAMMU: The Legal Metrology Department (LMD) is set to establish technically advanced laboratories in the State to improve the accuracy of weighing and measuring instruments. “While Secondary Standard Laboratories, with one each at Srinagar and Jammu, would be established by LMD at provincial level, Working Standard Laboratories would be established in each district,” Minister for […]

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