‘Allow charter flights from CIS, other states to Sgr Int’l Airport’

JKTA suggests steps to CM for increasing tourist flow to Kashmir

GK NEWS REPORT

Srinagar, May 15: The J&K Tourism Alliance, a representative body of tourism trade bodies, has urged the government to permit charter flights from Commonwealth of Independent States (CIS), South East Asia and Middle East to Srinagar International Airport. At a meeting with chief minister More

---

‘Software parks will create 10,000 jobs in JK’

Microsoft Dream Spark Yatra Srinagar 2011 held at Kashmir University

GK NEWS NETWORK

Srinagar, May 15: Minister for Information Technology, Aga Syed Ruhullah Mehdi today said in order to encourage private businesses the government was in the process of creating software parks that would create 10,000 jobs in IT sector in J&K.  Ruhullah said the J&K youth were intelligent More

---

Oppn slams govt for petrol price hike, seeks rollback

PRESS TRUST OF INDIA

New Delhi, May 15: The steep rise in petrol prices drew sharp criticism from major opposition parties which today slammed the government for putting "unprecedented burden" on the common man and demanded reversal of the de-regulation policy. Hitting out the government, BJP National Vice President More

---

‘TVS King’ rolled out in Valley

Company announces ‘welfare schemes’ for operators

MANZOOR-UL-HASSAN

Srinagar, May 15: TVS Motor Company Limited, one of India’s largest 2-wheeler manufacturers that recently entered into the 3-wheeler business, rolled out its new passenger auto rickshaw ‘TVS King’ here today. Minister for Transport Qamar Ali Akhoon flagged off the auto rickshaw which has More

---

Jora for judicious use of funds

Inspects works at Pahalgam

GK NEWS NETWORK

Srinagar, May 15: Minister for Tourism & Culture, Nawang Rigzin Jora today visited Pahalgam and inspected various ongoing development works. He inspected the construction work of JKTDC Club and Golf Course Pahalgam and took stock of the pace of work. The Minister, according to an official More

---

Tourism backbone of JK economy: Mirwaiz

GK NEWS NETWORK

Srinagar, May 15: Chairman, Hurriyat (M) Mirwaiz Umar Farooq Sunday said that tourism was the backbone of J&K’s economy. “Economic stability is a must for taking the freedom movement to its logical conclusion. Tourism is vital for our economy so it is necessary to boost this sector for More

---

Left demands relief for affected farmers

GK NEWS NETWORK

Srinagar, May 15: Jammu and Kashmir unit of CPI(M) today demanded an early compensation for the farmers, whose crops were affected due to recent hailstorm and rains in the Valley. "Whenever natural calamities cause damage to the fruit and crops, the worse affected are assured compensation and More

---

Rangarajan favours law-backed autonomy for Reserve Bank

PRESS TRUST OF INDIA

New Delhi, May 15: Chairman of the Prime Minister's economic advisory panel and former RBI chief C Rangarajan has strongly supported Reserve Bank Governor D Subbarao's demand for law-backed autonomy to the central bank.  "I think we really need to move towards a situation in which the central More

---

‘Allow NBFCs to access global market borrowings’

New Delhi, May 15: Industry chamber ASSOCHAM said that non-banking financial companies (NBFCs) should be allowed access to international and other sources of borrowings at competitive rates in the interest of overall credit system.  "NBFCs serve vital lending needs of under-served sectors More

---

Free markets not solution to all problems: SC

PRESS TRUST OF INDIA

New Delhi, May 15: The pillars of modern economy -- liberalisation, privatisation and globalisation -- have come under sharp criticism from the Supreme Court which has favoured a relook into the functioning of free markets and suggested its regulation. "Unregulated laissez faire free markets More

---

IMF chief arrested; charged with attempted rape

PRESS TRUST OF INDIA

New York, May 15: IMF chief Dominique Strauss-Kahn, a likely candidate for French President in 2012, was arrested today and charged with attempted rape and sexual assault on a hotel maid here, after being pulled out from a Paris-bound airplane, minutes before it was to take off. 62-year-old More

---

Locker business

In the event of any theft or loss the locker holders can go to court but won’t have any evidence to back-up their claims.

Bank watch By Sajjad Bazaz

Recently one of my acquaintances went to a bank branch to avail safe deposit locker facility. Though he is an account holder of the branch, yet he was asked to park Rs.50,000 in one of the fixed deposit schemes of the bank. Precisely, it was a pre-condition to avail the locker facility. Since my acquaintance More

---

• Kashmir

• Srinagar City

• Jammu

• Briefs

• Business

• News