JK Bank share hits 52-week high at Rs 930

Will Pass On Rate Cut Benefit To Borrowers: Mushtaq

GK NEWS NETWORK

Srinagar, Apr 17: J&K Bank share hit a 52-week high today at Rs 930. The rise in the share price came in the wake of policy rate cuts announced by Reserve Bank of India (RBI) in its Annual Monetary Policy 2012-13 today. With a view to boost growth, the RBI cut the policy rates by 50 basis More

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Tourist inflow encouraging: NC

Srinagar, Apr 17: National Conference today expressed satisfaction over the inflow of tourists to Kashmir.  Party spokesperson Tanvir Sadiq said the inflow of tourists is encouraging which will not only boost the economy but also help to people associated with tourism industry. Welcoming More

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JK gets trout fish feed mill from Holland

ANIL BHAT

Jammu, Apr 17: Jammu and Kashmir will have the latest Trout Fish Feed Mill (TFFM) by June this year as the mill, which has been shipped from Holland, is undergoing installation process. "This is first state of art technology based Trout Fish Feed Mill (TFFM) not only in J&K but in the More

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Villa India eyes Kashmir market

MUKEET AKMALI

Srinagar, Apr 17: Managing Director, Villa India, Narayan V L today said the company is looking forward to expand its market base in Kashmir. He said the company is supplying medical equipment to the government and private healthcare institutions across India. Narayan while talking More

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MummaZone forays into Valley

GK NEWS NETWORK

Srinagar Apr 17: Dubai’s famous specialized company dealing in mother baby and child care products, MummaZone, has finally landed in Srinagar.  The company opened its outlet, first in India, at posh Poloview lane here.  Spread on a sprawling 1900 Sq feet, MummaZone is going to make More

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Rate cut will raise investor confidence: Experts

MUKEET AKMALI

Srinagar, Apr 17:  Policy rate cut by the Reserve Bank of India today will boost the investor confidence, experts here said.  Terming the rate cut as “good sign”, Prof Nisar Ali, economist, told Greater Kashmir that the RBI decision will encourage investments.  He said the rate More

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RBI cuts interest rates

PRESS TRUST OF INDIA

Mumbai, Apr 17: In a surprise decision, the Reserve Bank today cut the benchmark interest rate for first time in three years by 0.5 per cent to provide relief to borrowers and revive the sagging economic growth. Unveiling the annual credit policy here, the RBI reduced the short-term lending More

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Cutting rates to boost growth: Montek

PRESS TRUST OF INDIA

Bangalore, Apr 17: Planning Commission Deputy Chairman Montek Singh Ahluwalia today said RBI reducing lending rates along with government efforts to bring down fiscal deficit should boost economic growth this year. "I think the lowering of the interest rate by the RBI combined with Finance More

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Home, auto, corporate loans likely to go cheaper

PRESS TRUST OF INDIA

Mumbai, Apr 17: Home, auto and corporate loans are likely to become cheaper as the Reserve Bank today slashed the short term lending rate sharply by 0.50 per cent to 8 per cent, signalling banks to cut rates. The reduced cost of borrowing is expected to be passed on partially by banks to More

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