RBI liberalises norms to boost forex inflows
Mumbai: Reserve Bank of India (RBI) on Wednesday further liberalised norms to boost inflows of foreign exchange, including doubling the borrowing limit under the ECB route, amid the rupee falling against the US dollar. In a statement, the central bank said it has been closely and continuously monitoring the liquidity conditions in the forex market […]
Ban on levy of service charge in food bills without any legal basis: NRAI
New Delhi: The National Restaurant Association of India (NRAI) on Wednesday said the government cannot make changes in levy of service charge in food bills by making guidelines and CCPA’s decision to bar hotels and restaurants from such practice has created unnecessary confusion amongst consumers and disrupted smooth operations of restaurants. It alleged that there […]
J&K government responds to BRAP 2020 rankings
SRINAGAR: The Government of Jammu and Kashmir on Tuesday said that the UT has come long way in establishing investment ecosystem in last more than one year. “A multi-pronged plan has been put in place to transform Kashmir into an investment hub in North India.” In the recently released BRAP 2020 report by Union Finance […]
Dr Mehta chairs ALAC for implementation of PMFME Scheme in J&K
Committee approves Rs 5778.76 lakh PIP for FYs 2022-23, 2023-24 & 2024-25
SRINAGAR: Chief Secretary, Dr. Arun Kumar Mehta today chaired a meeting of Apex Level Approval Committee (ALAC) for overseeing the Implementation of Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme in Jammu and Kashmir Union Territory. Additional Chief Secretary Agriculture Production Department, Atal Dulloo; Additional Chief Secretary Finance Department, Vivek Bhardwaj, Principal Secretary, […]
District Admin Srinagar intensifies Market checking ahead of Eid-ul-Adha
Fine imposed on erring business units, huge quantity of substandard food items, vegetables destroyed
SRINAGAR: In order to prevent profiteering and black marketing by certain business establishments operating in Srinagar, the special Market Checking teams of District Administration Srinagar Tuesday conducted intensified market checking across the Srinagar City to ensure all essential commodities are sold at Government approved rates as per the quality standards with sufficient availability of consumables. […]
Woollen industry witnessing massive revamp across J&K: Govt
SRINAGAR: J&K Government is devising a viable framework to give a massive revamp to Woollen industry across Jammu and Kashmir. The reformative policies of the UT Government are providing economic growth opportunities to around 50,000 families associated with woollen industry in J&K. To give boost to this sector, a Showroom cum Interpretation Centre at Government […]
Central Prabhari officer for Aspirational District Bla interacts with fruit growers
BARAMULLA: On the second day of his visit, Principal Commissioner, Delhi Development Authority, Ministry of Housing and Urban Affairs, Rajeev Kumar Tiwari, who is also the Central Prabhari officer for Aspirational District Baramulla, visited Fruit Mandi Sopore and interacted with various fruit growers and other stakeholders who apprised him about their issues and demands. During […]
D&FCO intensifies market checking on eve of Eid-ul Adha
SRINAGAR: In view of the ensuing Eid ul Adha, the Food Safety wing of the Drugs and Food Control Organization (D&FCO) has intensified market checking to prevent profiteering, black marketing, sale of meat, poultry and sacrificial animals in contravention of prices fixed by the government. Today, the inspections were carried out at Bemina, HMT, Zainakote, […]
Global shares mixed as inflation, energy weigh on growth
By: Yuri Kageyama Tokyo, Jul 5 (AP) Shares declined Tuesday in Europe after an upbeat session in Asia, while Wall Street futures slipped ahead of the reopening of U.S. markets from the Independence Day holiday. Benchmarks also fell in Paris, London, Frankfurt and Shanghai. But stocks gained in Tokyo, Seoul and Hong Kong. The war […]
ONDC can become next UPI, says Vaishnaw
Gandhinagar: Union IT minister Ashwini Vaishnaw on Tuesday exuded confidence that Open Network for Digital Commerce (ONDC) can become the next UPI, one of India’s most successful digital products. According to Vaishnaw, ONDC can help entrepreneurs who are into either e-commerce, B2B or dealing directly with customers. “Can we expand ONDC to make it the […]
