BUSINESS

 Press Trust of india

Kashmir’s tourism industry optimistic of turn-around despite COVID dampener

Kashmir’s tourism industry optimistic of turn-around despite COVID dampener

Srinagar: Hit hard by the twin-lockdowns since August last year, the tourism sector in Kashmir is cautiously optimistic about getting back on its feet in the coming months. The Valley did not see much tourist activity since August last year due to the lockdown imposed by authorities, first after the Centre revoked Jammu and Kashmir’s […]

 Images News Netwok

Dir Horti Kashmir finalises modalities for launch of MIS

Dir Horti Kashmir finalises modalities for launch of MIS

SRINAGAR: Director Horticulture Kashmir, Ajaz Ahmad Bhat today chaired a meeting of concerned officers, officers of the line departments, CA Stores Owners Association and fruit growers to finalise the modalities regarding preparations for launch of Market Intervention Scheme (MIS), by Lt. Governor, UT of J&K Manoj Sinha on 28th of October here. The Director informed […]

 Press Trust of india

India will drive global energy demand: PM Modi

India will drive global energy demand: PM Modi

New Delhi:  India will drive the global energy demand, Prime Minister Narendra Modi said on Monday as he showcased his government’s recent reforms in the sector to global investors. Speaking at the India Energy Forum by CERAWeek, Modi said the coronavirus pandemic had resulted in global energy demand falling by one-third, investment decisions being impacted […]

 Press Trust of india

NPAs not worth of vermiculture preserved at NHAI needs to be weeded out: Gadkari

NPAs not worth of vermiculture preserved at NHAI needs to be weeded out: Gadkari

New Delhi:  Unhappy over a ‘delayed’ work culture in NHAI, Union minister Nitin Gadkari on Monday said it was time to show exit door to ‘non-performing assets’ complicating and delaying projects by creating obstacles. The National Highways Authority of India (NHAI) has become a breeding ground for inefficient officials who are creating hurdles and referring […]

 Press Trust of india

Compound interest waiver: 75% borrowers to benefit, to cost govt Rs 7,500 cr, says report

Compound interest waiver: 75% borrowers to benefit, to cost govt Rs 7,500 cr, says report

Mumbai:  Over 40 per cent of the system credit and 75 per cent of the borrowers will benefit from the interest-on-interest concession for small loans which will cost the government around Rs 7,500 crore, says a report. Last Friday, the government informed the Supreme Court that it will reimburse the banks the compound interest on […]

 Press Trust of india

Staycations, nearby stays continue to trend in 2021: Report

Staycations, nearby stays continue to trend in 2021: Report

Mumbai:  As life is returning to normalcy gradually, so has travel as travellers are making plans for 2021 for destinations either close to home or in their home cities, according to a report. Travel is seeing a comeback, but a new trend continues to define consumer preferences to consciously and safely reconnect with the places […]

 Press Trust of india

Govt employees can submit multiple bills to avail LTC cash voucher scheme benefit

Govt employees can submit multiple bills to avail LTC cash voucher scheme benefit

New Delhi: Central government employees can submit multiple bills of goods and services purchased in their own name to avail the benefit of the LTC (Leave Travel Concession) cash voucher scheme, according to the Finance Ministry. The Expenditure Department, under the Ministry, has issued a set of FAQs (Frequently Asked Questions) on LTC cash voucher […]

 Press Trust of india

Govt to seek Par nod for Rs 37K cr infra push in 2nd supplementary demands for grant

Govt to seek Par nod for Rs 37K cr infra push in 2nd supplementary demands for grant

New Delhi: The government will seek Parliament’s approval for Rs 37,000-crore additional spending on infrastructure development in the second batch of supplementary demands for grant. Earlier this month, Finance Minister Nirmala Sitharaman had announced additional budget of Rs 25,000 crore as capital expenditure (capex) on roads, defence, water supply, urban development and domestically produced capital […]

 Press Trust of india

India economy on verge of slow recovery as worst is over: PHDCCI

India economy on verge of slow recovery as worst is over: PHDCCI

New Delhi: Industry body PHDCCI expects India’s GDP to contract by 7.9 per cent in the current financial year and grow by 7.7 per cent in 2021-22, assessing that the worst is over and the economy is on the verge of a slow recovery. The chamber, however, stated that unemployment remains a key challenge to […]

 Press Trust of india

Diwali gift to borrowers: Govt waives interest on interest for loans up to Rs 2 cr

Diwali gift to borrowers: Govt waives interest on interest for loans up to Rs 2 cr

New Delhi:  In a relief to borrowers at the onset of the festive season, the government on late Friday night announced waiver of interest on interest for loans up to Rs 2 crore irrespective of whether moratorium was availed or not. The Department of Financial Services came out with operational guidelines in the backdrop of […]

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