Valley wedding industry in doldrums

Faces losses worth crores of rupees

RABIA NOOR

Srinagar, July 13: Where the weather vagaries this year consumed much of the marriage season in the Valley, the turbulent situations prevailing over past about a month now, took away the remaining sheen; the people associated with wedding industry incurred huge losses.  Amid the shutdowns More

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Industrialists call for Kashmir resolution

GK NEWS NETWORK

Srinagar, July 13: The unit holders of IE Zainakote under the banner of Small Scale Industries’ Association today appealed the people from different walks of life in Kashmir to form a pressure group to impress upon government of India to “resolve Kashmir issue once and for all.” According More

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ED Bank has a new Chairman

GK NEWS NETWORK

Srinagar July 13:  A K Razdan has been appointed as chairman of Ellaquai Dehati Bank, a Regional Rural Bank sponsored by State Bank of India. He has already taken over the charge of the bank relieving A U Tak of the responsibility. A small but impressive function was organized to welcome the More

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Growth in Telecom slows by 2.5 pc

PRESS TRUST OF INDIA

Bangalore, July 13: The telecom services industry posted a meagre growth rate of 2.5 per cent in revenues at Rs 1,59,510 crore in 2009-10 due to intense domestic tariff war, says a survey by telecom industry journal Voice & Data.  The industry had seen a robust growth of 20 per cent in revenues More

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'8 Indian states in acute poverty'

PRESS TRUST OF INDIA

London, July 13: Acute poverty prevails in eight Indian states, including Bihar, Uttar Pradesh and West Bengal, together accounting for more poor people than in the 26 poorest African nations combined, a new 'multidimensional' measure of global poverty has said. The new measure, called the Multidimensional More

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Be an enlightened cardholder

Customers should not pay any kind of commission to the merchant establishments while making purchases through credit card.

Bank Watch By Sajjad Bazaz

IN response to last week’s column in which readers were cautioned against the cloned credit cards, some of the readers have asked about the percentage of commission to be paid on credit card usage. Do we have to pay commission on goods purchased through a credit card? What is the percentage which More

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