Govt slashes windfall tax on domestic crude to Rs 5,700/tonne
New Delhi: The government has slashed windfall tax on domestically produced crude oil to Rs 5,700 per tonne, from Rs 8,400 per tonne, with effect from Thursday. The tax is levied in the form of Special Additional Excise Duty (SAED). The SAED on the export of diesel, petrol and jet fuel or ATF, has been […]
SBI raises FD rate on select short-term maturity up to 75 bps
New Delhi: The country’s biggest lender State Bank of India (SBI) has hiked fixed deposit rate on select short-term maturity up to 75 basis points, a move likely to be followed by other lenders. For term deposits of 46-179 days, the rate has been increased by 75 basis points to 5.50 per cent, as against […]
Silver surges Rs 1,800 to hit all-time high; gold jumps Rs 650
New Delhi: Silver soared by Rs 1,800 to hit a fresh record high of Rs 88,000 per kg on Thursday, while gold prices jumped Rs 650 to Rs 74,050 per 10 grams in line with strong global trends. According to HDFC Securities, rising for the second straight session, silver prices surged Rs 1,800 to hit […]
VC KVIB reviews bankers’ performance under PMEGP, JKREGP
SRINAGAR: Vice Chairperson of Jammu & Kashmir Khadi and Village Industries Board (KVIB), Dr Hina Shafi Bhat, today chaired a Bankers’ meeting to review progress on schemes being implemented under the Prime Minister’s Employment Generation Programme (PMEGP) and Rural Employment Generation Programme (JKREGP) at Civil Secretariat here. The KVIB officers gave a detailed presentation on […]
Team J&K to participate in India Skill Competition 2024 in New Delhi
JAMMU: The India Skills Competition 2024, the nation’s largest skill event, is set to kick off in New Delhi. Over 900 students from more than 30 states and Union Territories, along with 400 industry experts, will participate in this four-day extravaganza. The competition spans 61 skills, ranging from traditional crafts to cutting-edge technologies. Around 250 […]
Encash Automotive Pvt. Ltd. registers over 24 bookings within 60 minutes of launching
Mahindra Encash Automotive unveils all-new Mahindra XUV 3XO in Srinagar Srinagar: Mahindra Encash Automotive proudly introduced the all-new Mahindra XUV 3XO, an innovative addition to Mahindra’s esteemed line up of SUVs. Designed for the modern adventurer, the XUV 3XO combines cutting-edge technology with superior performance, redefining what it means to drive an SUV at its […]
Congress wants budget allocation on basis on religion, but I will not allow it, asserts PM
Nashik: Prime Minister Narendra Modi on Wednesday accused the Congress of wanting to allocate 15 per cent of the central government budget for minorities and vowed not to allow splitting of budget or reservation in jobs and education on the basis of religion. The Congress, when in power at the Centre between 2004 and 2014, […]
Exports up 1% to USD 35 bn in April; trade deficit widens to 4-month high at USD 19.1 bn
New Delhi: India’s merchandise exports rose by 1 per cent to USD 34.99 billion in April even as the trade deficit widened to a four-month high of USD 19.1 billion during the month, according to government data. Healthy growth in sectors such as electronics, chemicals, petroleum products and pharmaceuticals has helped register growth in exports […]
Not necessary to make arrest in all GST cases, says SC
New Delhi: The Supreme Court on Wednesday told the Centre that there is no need for making arrests in all Goods and Services Tax (GST) cases and that it can be done only if there is credible evidence and tangible material to prove culpability. A bench of Justices Sanjiv Khanna, MM Sundresh and Bela M […]
Jamkash Vehicleades (Kashmir) Pvt Ltd unveils ‘The Epic New Swift’
Srinagar: Leading Maruti Suzuki Dealership of the state Jamkash Vehicleades (Kashmir) Pvt Ltd, Srinagar unveiled The Epic New Swift. The Chief Guest for the occasion was Mr Riyaz Ahmad Wani (AGM) J & K Bank and a large gathering of Auto lovers and the Managerial staff of Jamkash were present during the occasion. One Hundred […]
