Debt trap

JK’s total liabilities go up to Rs 24,275 cr

Govt pays Rs 11,400 cr interest in eight years

PRESS TRUST OF INDIAJammu, June 7: In a projection of Jammu and Kashmir's deteriorating financial setup, the state's total liabilities—including public debt – have increased to Rs 24,275 crore, constituting 70 per cent of the Gross State Domestic Product More
No increase in petrol, diesel prices for now

PRESS TRUST OF INDIA

New Delhi, June 7: A ministerial group today deferred a decision on freeing petrol and diesel prices from government control for want of quorum, but discussed the impact of such a move on inflation. Freeing petrol and diesel prices would mean an up to Rs 3.50 a litre hike in rates of these fuels More
Plan panel favours hike

PRESS TRUST OF INDIA

New Delhi, June 7: Ahead of the meeting of a ministerial panel on fuel prices, Planning Commission Deputy Chairman Montek Singh Ahluwalia today spoke in favour of a hike in petrol and diesel rates. "For six months, I have been saying we should...I haven't changed my mind," Ahluwalia replied More
Sensex tanks 337 pts

GK NEWS NETWORK

Mumbai, June 7: The BSE benchmark Sensex today tanked 337 points, mirroring sharp decline in world markets that were shaken by fears of widening financial crisis in Europe and fragile economic recovery in the US, besides a rush of public offers at home. The 30-share barometer of the Bombay Stock More
Gold futures down

GK NEWS NETWORK

 New Delhi, June 7: Tracking weak global trend, gold prices declined by Rs 26 or 0.14 per cent to Rs 18,768 per ten gram in futures trade today, as speculators reduced their holdings. At the Multi Commodity Exchange, gold for August contract declined by Rs 26, or 0.14 per cent to Rs 18 More
Govt proposes windfall tax on miners

PRESS TRUST OF INDIA

New Delhi, June 7: On the heels of Australia announcing 40 per cent tax on bumper profits of miners, India said it proposes a similar windfall tax on iron ore."We have already moved the Finance Ministry...we are for it (windfall tax). We have sent the letter," Mines Minister B K Handique told PTI in More
India signs food processing pact with Canada

PRESS TRUST OF INDIA

New Delhi, June 7: The government today signed a MoU with Canada for cooperation in the food processing sector, which would involve student and faculty exchanges between the two countries. Food Processing Minister Subodh Kant Sahai and Canadian Education and Law Minister Rob Norris signed the More
  • Kashmir

SHOPIAN LOCALS HOLD PROTEST, DETAINED

UMER MAQBOOL DAR

Srinagar, June 7: On the arrival of Prime Minister Dr Manmohan Singh in the valley, scores of people from Shopian including the family of Asiya and Neelofar tried to stage a sit-in at press enclave here More


  • Srinagar City

Restrictions play spoilsport for tourists

‘We have only seen such scenes while viewing news about trouble-torn Afghanistan, Palestine and Iraq’

ARIF SHAFI WANI

Srinagar, June 7: It was a nightmarish experience for hundreds of tourists putting up in hotels in and around Boulevard as authorities had blocked all the roads leading towards the tourist hub to facilitate More



  • Jammu

4 ticketing agents held

PRESS TRUST OF INDIA

Jammu: Four railway ticketing agents were arrested in a raid at a station counter here, police said. Police and CRPF men raided the counter and arrested four agents while allegedly booking and black More


  • South Asia

Involve people for PaK development: Thomson

ROSHAN MUGHAL

Muzaffarabad, June 7: The British High Commissioner to Pakistan, Adman Thomson today said Pakistan Administered Kashmir could be developed by involving communities in the development process. “Due More


  • Business

Debt trap

JK’s total liabilities go up to Rs 24,275 cr

GOVT PAYS RS 11,400 CR INTEREST IN EIGHT YEARS

PRESS TRUST OF INDIAJammu, June 7: In a projection of Jammu and Kashmir's deteriorating financial setup, the state's total liabilities—including public debt – have increased to Rs 24,275 crore, constituting More


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