LoC-trade: Porters await wages for 8 months

UMER MAQBOOL DAR

Salamabad, Uri, Dec 27: For the poor porters at trade facilitation centre here the much-hyped cross-LoC trade has turned “an exploitation.” The porters at the centre, who haul, load and unload the goods traded across LoC, have not received the wages for the past many months. The porters told More

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JVs essential for sustainable, balanced business: FCIK

Hails Saifco-Taj tie-up

RABIA NOOR/GK NEWS NETWORK

Srinagar, Dec 27: Seeking to create a sustainable business system in the Valley, the Federation Chamber of Industries Kashmir today stressed the need for promoting joint ventures between local entrepreneurs and their outside counterparts.  President FCIK Shakeel Qalandar said the joint ventures More

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‘Register grievances with consumer foras’

GK NEWS NETWORK

Jammu, Dec 27: Reiterating the Government’s resolve to provide a responsible and accountable administration to the people  and  safeguarding the rights of  consumers, Minister for Consumer Affairs and Public Distribution (CA&PD) and Transport   Qamar Ali Akhoon has appealed More

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RBI likely to raise CRR by mid-Jan: JK Bank

PRESS TRUST OF INDIA

New Delhi, Dec 27: The Reserve Bank may raise the amount banks need to park with the apex bank (CRR) by up to 50 basis points in the second week of January to suck liquidity from the system, J&K Bank chairman Haseeb Drabu said on Sunday.  "Currently the liquidity conditions (are tight More

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Economy to grow by 7 per cent: PM

PRESS TRUST OF INDIA

Bhubaneswar, Dec 27: Economy is likely to grow by 7 per cent or a "little more" in the current fiscal returning to a fast expansion pace after a sluggish 2008 due to the global economic crisis, Prime Minister Manmohan Singh said today. "The momentum (of growth) was ...interrupted by the global More

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BSNL extends time for VAS bids

Press Trust of India

New Delhi, Dec 27: The state-owned telecom major Bharat Sanchar Nigam (BSNL) has extended the deadline till January 4 for submitting bids to provide interactive value added services. The last date for submitting the bids is December 29, which has now been revised to January 4, BSNL, which is one of the More

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'No Nano price hike'

PRESS TRUST OF INDIA

New Delhi, Dec 27: Tata Motors has said all the existing bookings of the Nano will be delivered at the current prices, notwithstanding the rising input prices.  "The current bookings will be executed at the price already committed and we have a long way to finish the current bookings. So, it More

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Poverty declined after reforms'

Bhubaneswar Dec 27: The economic reforms have helped in reducing poverty in India, Prime Minister Manmohan Singh said on Sunday. He, however, admitted to there being "some arguments that reforms have adversely affected the poor, making rich richer and poor poorer and it has created various differences More

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Sebi may allow higher stake for buyers

PRESS TRUST OF INDIA

Mumbai, Dec 27: Corporate acquisitions in India could become costlier with market regulator, the Securities and Exchange Board of India (Sebi), mulling making it mandatory for acquirers to make an offer for up to 100 per cent stake in any listed company. As of now an open offer for a minimum of 20 More

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State FMs may decide on GST rate on Jan 7

Press Trust of India

New Delhi, Dec 27: The state finance ministers are likely to finalise the rates for goods and services tax (GST) at the meeting of the empowered committee scheduled for January 7, said Jammu and Kashmir finance minister Abdul Rahim Rather here today. "Rates may be decided...We are working on More

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Markets closed Monday, Sensex up 75 pc since Jan 1

Mumbai, Dec 27: Indian equities markets will be closed Monday on account of Moharram before starting this year's last weekly trade. The bourses will function only three days this week -- Tuesday, Wednesday and Thursday. Markets will be closed on the New Year, Jan 1 (Friday).  The More

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Valuing coins

Let it be clear that apart from monetary value, it is also the historic significance each coin holds.

Bank watch by Sajjad Bazaz

ONE of the readers, Lone Imtiyaz, through email has sought information regarding transfer of the coins of British India dated early thirties. “I would like to get information regarding coins of British India dated something like 1930 containing the image of George King Emperor. The coins are round More

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