Kishtwar sapphire auction today

GK NEWS NETWORK

Jammu, Feb 7: Jammu and Kashmir will put world famous Kishtwar Sapphire worth millions on auction tomorrow in winter capital of the state. Officials sources in the Jammu and Kashmir Minerals Limited said that the auction of 22,000 grams of rough Sapphire Corundum of Paddar mines in Kishtwar More

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FCIK concerned over declining skilled work force

GK News Network

Srinagar, Feb 7: The Federation Chamber of Industries Kashmir today expressed concern over the declining local skilled workers in the state and called for a well defined policy for enhancing such labour force.  Addressing a meeting organized by the Technical Education Department to review the More

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Make essential commodities available to people: Sagar to Admn

GK News Network

Srinagar, Feb 7: The Minister for Rural Development, Ali Muhammad Sagar today asked the Divisional Commissioner to ensure availability of essential commodities to the people and keep all the ration ghats open.  Chairing a meeting, he asked the government employees to ensure presence in their More

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Corporate tax cut not likely in Budget

New Delhi, Feb 7: The government may not tinker with the corporate tax rates in the Budget 2010-11 despite pressure from India Inc to slash rates or at least do away with surcharge and cess.  The industry has been clamouring for a reduction in corporate tax rate to 25 per cent from the current More

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RBI says it will target inflation soon

Chennai, Feb 7: The Reserve Bank of India (RBI) will target inflation in the coming months, Governor Duvvuri Subbarao said on Monday. "It is the responsibility of the Reserve Bank to manage expectations about inflation and what we are going to do in the next few months is to target inflation More

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Pakistan's business community welcomes talks with India

Islamabad, Feb 7: Pakistan's business community Sunday welcomed the upcoming foreign secretary-level talks with India, terming it a highly positive step that could result in many benefits for the people of both countries. At a meeting here of the Islamabad Chamber of Commerce & Industry More

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PM refers BSNL tender issue to Pitroda committee

Press Trust of India

New Delhi, Feb 7: Prime Minister Manmohan Singh has asked the Department of Telecom to refer the controversial BSNL tender issue to the Sam Pitroda committee for urgent consideration. Singh had constituted a committee under Pitroda last month to look into the functioning of two telecom PSUs More

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Food inflation rises to 17.56 pc

Press Trust of India

New Delhi: Food inflation inched up to 17.56 per cent for the week ended January 23 on account of rising prices of potato and pulses. The wholesale price-based food inflation was 17.40 per cent in the previous week. Potato prices jumped by 44.91 per cent over the last year, while pulses More

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'RBI may not increase policy rates in April'

Press Trust of India

New Delhi, Feb 7: The country's largest private sector lender ICICI Bank today said that the Reserve Bank may further tighten money supply to tame inflation by asking banks to keep more cash with it, rather than raising policy rates in its annual policy in April. "My feeling is based on market More

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Rupee hits 5-week low

Mumbai, Feb 7: The Indian rupee today plunged by 48 paise to 5-week low of 46.73/74 against the US dollar amid the US currency surging to a fresh high level against its rival euro in the overseas foreign exchange market. Global shares hit three-month lows and the euro fell to an eight-month More

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