Rupee is not sliding, dollar is strengthening: FM Sitharaman
Washington: Finance Minister Nirmala Sitharaman has said that the rupee has not weakened but it is the dollar that has strengthened, as she defended the 8 per cent slide in the value of Indian currency against the greenback this year. Speaking to reporters after attending the annual meetings of the International Monetary Fund (IMF) and […]
ED is ‘completely independent’ in what it does; not used for vindictive purpose: Sitharaman
Washington: The Enforcement Directorate is “completely independent” in what it does, Finance Minister Nirmala Sitharaman has said, refuting allegations that it is being used by the government for political or vindictive purposes. Speaking at a news conference on Saturday towards the end of her trip to Washington where she attended the annual meetings of the […]
Economic security of small and marginal farmers our priority: Atal Dulloo
Inaugurates Rabi campaign 2022-23 in Maha Kisan Sammelan at Kupwara
KUPWARA: Additional Chief Secretary (ACS), Agriculture Production Department, Atal Dulloo today inaugurated Rabi campaign 2022-23 at Maha Kisan Sammelan held at Kuligam here. Addressing the huge gathering of farmers at the Samellan, Atal Dulloo highlighted the importance of various long-term initiatives to help the farmers double their income. He appreciated the role of PRIs in […]
Youth of Baramulla taking up fish farming to defy unemployment
Last Year, under PMMSY, 18 trout units, 1 carp unit, and 1 biofloc unit set up in Bla: Director Fisheries
BARAMULLA: The youth of Baramulla have defied all odds by carving a niche for themselves by setting up fish farming units to earn for themselves and create jobs for others. Baramulla has been bestowed with famous water bodies having great potential for fisheries. Angling and fish farming is fast emerging as a potential sector for […]
DoH&H Kashmir participates in 25th edition of CII Chandigarh Fair
SRINAGAR: The Department of Handicrafts and Handloom (DoH&H) Kashmir is participating in the 25th edition of CII Chandigarh Fair at Sector 17 in Chandigarh from October 14-17. The four-day fair which is hosting 10 concurrent expos, including Handicrafts/Handloom, Home Decor, Realcon (Real Estate), Persona, Kitchen Central and International Arcade was today inaugurated by the Punjab […]
Ajaz Ahmad Bhat reviews functioning of JKEDI
Directs to start free counseling control rooms across UT
SRINAGAR: The Director Jammu & Kashmir Entrepreneurship Development Institute (JKEDI), Ajaz Ahmad Bhat, on Saturday chaired a review meeting at the Institute’s Pampore campus. During the review meeting, the functioning of the Institute, progress made under different self-employment and entrepreneurship development schemes being implemented by the institute, and other related issues were discussed threadbare. The […]
Despite global headwinds, Indian economy will stay on course: FM Sitharaman
Washington: The Indian economy will stay on course despite global headwinds and is projected to grow at seven per cent in fiscal 2022-23, Finance Minister Nirmala Sitharaman has said, attributing this to the conducive domestic policy environment and focus on key structural reforms. Sitharaman’s remarks came during her intervention at the plenary session of the […]
IMF asks countries to preserve vital foreign reserves amidst appreciating dollar
Washington: The IMF has urged countries to preserve vital foreign reserves to deal with potentially worse outflows and turmoil in the future, amidst appreciation of the US dollar and depreciation of other major currencies, including the Indian rupee. In a blog post by the First Deputy Managing Director of the IMF Gita Gopinath and the […]
Sitharaman urges World Bank to avoid unidimensional view of subsidies
Washington: Finance Minister Nirmala Sitharaman has urged the World Bank to avoid a “unidimensional” view of the subsidies provided by the Indian government and asserted that it is important to differentiate between “distortive subsidies” and “targeted support” to the vulnerable households. Speaking at an intervention of the World Bank Development Committee’s meeting on Friday, Sitharaman […]
UN chief: 20 leading economies must help developing nations
United Nations: Secretary-General Antonio Guterres sent a letter to finance ministers and central bankers from the world’s 20 leading economies on Thursday urging they change course and steer a global economic recovery that includes developing countries hit hard by the COVID-19 pandemic, the impact of the war in Ukraine and escalating climate emergencies. The UN […]