JK Minerals sets `19 cr sale target

On path towards self-reliance

GK NEWS NETWORK

Srinagar, Aug 11: J&K Minerals Limited has set an ambitious Rs 1900 lakh target for production and sale of coal, gypsum and sapphire corundum for the current fiscal.  In its 163rd meeting of Board of Directors, Managing Director JK Minerals Limited said the corporation has generated all More

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Workshop on Lab–to-Land Project inaugurated

GK NEWS NETWORK

Jammu, Aug 11: Joint Secretary, Ministry of Rural Development, Government of India, Niten Chandra today inaugurated one day orientation workshop organized by J&K Institute of Management Public Administration (IMPA). The workshop was aimed to educate the government functionaries and other More

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Estimates Committee for timely compensation to land owners

GK NEWS NETWORK

Srinagar, Aug 11: Estimates Committee today called for paying adequate compensation to the land owners, whose land is acquired for construction of PMGSY road projects. “The timely compensation to the farmers will facilitate fast acquisition of land”, it observed. Headed by its chairman More

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Implement assurances on time: LC panel

Srinagar, Aug 11: Assurance Committee (AC) of Legislative Council has called upon the Department of Roads and Buildings and other related agencies to implement government assurances given on the floor of the house from time to time in a time bound manner so that benefits of various projects percolate More

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Food inflation rises to 4-month high of 9.9 pc

PRESS TRUST OF INDIA

New Delhi, Aug 11: Food inflation climbed to a four-and-half month high of 9.90 per cent in the last week of July, increasing the burden on households on the back of costlier onions, fruits and protein-based items. Experts said food inflation is expected to remain volatile, but added that More

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‘Low-cost mobiles to drive 3G growth’

New Delhi, Aug 11: Sweden-based telecom equipment maker Ericsson Thursday said the third generation (3G) services in India are in a pick up mode and it will be accepted widelye if low-cost handsets come in. “The first and second quarters of this year have seen the pick up of deployment of 3G,” Fredrik More

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Fake currency pumped into India as policy matter: Pranab

PRESS TRUST OF INDIA

New Delhi, Aug 11: In a veiled reference to Pakistan, Finance Minister Pranab Mukherjee today said pumping of counterfeit currency is used as a “policy matter” by some countries to destabilise the Indian economy. Responding to concerns of members in the Rajya Sabha over the problem of counterfeit More

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Govt permitted to mint Rs1,000 denomination coins

PRESS TRUST OF INDIA

New Delhi, Aug 11:  Parliament today permitted the government to mint coins of Rs 1,000 denomination even as nostalgia over withdrawal of 25 paise coins (chawani) was witnessed among Rajya Sabha members. The Coinage Bill, 2009 passed by the Upper House, limits payment by an individual More

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SBI raises lending rates by 50 bps

PRESS TRUST OF INDIA

Mumbai, Aug 11: Country’s largest bank SBI on Thursday raised lending rates by 50 basis points, making its home, auto and corporate loans costlier.  The bank revised the base rate, or the minimum lending rate, upwards by 50 basis points from 9.50 per cent to 10 per cent, effective from August More

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