RBI’s rate-setting panel meets to finalise inflation report for govt
Mumbai: The Reserve Bank’s rate setting panel on Thursday met to finalise a report for the government on why it failed to keep retail inflation below the target of 6 per cent for three consecutive quarters since January this year, said sources. The report will be presented to the government as per the Reserve Bank […]
Par panel to seek FinMin’s explanation for rejecting proposal to raise pension under EPFO
New Delhi: A Parliamentary panel will seek explanation from the finance ministry for turning down the labour ministry’s proposal to increase the pension of EPFO subscribers from the current Rs 1,000 per month. The quantum of increase proposed by the labour ministry could not be ascertained. Top officials from the labour ministry and Employees’ Provident […]
Loan worth Rs 20 lakh crore disbursed under MUDRA scheme; Maha among major beneficiaries: PM Modi
Mumbai: Prime Minister Narendra Modi on Thursday said loans worth Rs 20 lakh crore have been disbursed so far under the Centre’s MUDRA scheme to provide self-employment opportunities to the youth, and added that Maharashtra was one of its major beneficiaries. In a video message aired during an event here to distribute appointment letters as […]
Mushroom farming emerging as new form of employment among J&K youth: Govt
SRINAGAR: With the latest technological interventions of the J&K Administration as well as subsidy for Mushroom growers, Mushroom production has registered a substantial increase across Jammu and Kashmir. Under the Rashtriya Krishi Vikas Yojna, a National Agriculture Development Programme, mushroom cultivation is the focus area, and Mushroom growers are equipped with quality seeds and trained […]
Dulloo reviews preparations for implementation of ODOP in J&K
JAMMU: Additional Chief Secretary (ACS), Agriculture Production Department, Atal Dulloo, today chaired a meeting to review preparations for the implementation of One District One Product (ODOP) in Jammu and Kashmir here at Civil Secretariat. The meeting was attended by Principal Secretary Industries and Commerce, Prashant Goyal; Directors Horticulture, Directors Agriculture, Director Horticulture (P&M), Managing Director […]
Govt hikes ethanol price, targets 12% blending in petrol next yr
New Delhi: The government on Wednesday hiked the price of ethanol used for blending in petrol as it looked to raise the doping quantity to cut India’s reliance on imported oil. The Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi, raised the price of ethanol from all three varieties, Oil Minister […]
Tourism Dept organises Saffron festival at Pampore
PAMPORE: The Directorate of Tourism, Kashmir today organised a saffron festival in the karewa of Pampore. The festival was organised in collaboration with the Agriculture Department, SKUAST Kashmir, Cooperative Societies, and local saffron growers. Speaking on the occasion, Divisional Commissioner, Kashmir Pandurang K Pole who was Chief Guest on the occasion said Kashmiri saffron is […]
‘RBI Kehta Hai: Jaankar Baniye, Satark Rahiye’ campaign launched in J&K
Srinagar: MD & CEO J&K Bank, Baldev Prakash Tuesday e-launched the Reserve Bank of India’s Nationwide Awareness Campaign (2022) – ‘RBI Kehta Hai: Jaankaar Baniye, Satark Rahiye’ – in Jammu and Kashmir here at the bank’s corporate Headquarters. Speaking on the occasion, MD & CEO directed all the concerned to ensure that the RBI’s month-long […]
GST collection at Rs 1.52 lakh crore in October, second highest ever
New Delhi: GST revenues registered the second highest collection ever at Rs 1.52 lakh crore in October, reflecting pick up in economic activity in the festive season. The collections in October this year recorded a 16.6 per cent rise over Rs 1.30 lakh crore collected in the same month last year. Goods and Services Tax […]
Oil giant Saudi Aramco has USD 42.4B profit in third quarter
Dubai: Oil giant Saudi Aramco on Tuesday reported a USD 42.4 billion profit in the third quarter of this year, buoyed by the higher global energy prices that have filled the kingdom’s coffers but helped fuel inflation worldwide. The oil firm’s profits will help fund the kingdom’s assertive Crown Prince Mohammed bin Salman’s plans for […]
