Gondola type ropeway to join Yusmarg with Nilnaag

European consortium starts survey

GK NEWS NETWORK

Budgam, Aug 12: Minister for Finance, Abdul Rahim Rather today said a European Consortium through J&K Cable Car Corporation has started survey for construction of Gondola type ropeway between Yusmarg and Nilnaag.  The FM assured that every precaution would be taken to ensure the conservation More

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City markets in festive mood

Shoppers throng marketplaces

MUKEET AKMALI

Srinagar, Aug 12: In the run up to Eid-ul-Fitr, markets in Srinagar city today wore a festive look with customers shopping and preparing for the festive celebrations.  People of different age groups could be seen shopping in busy marketplaces at Jamia market, Sunday market, Lambert lane, More

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Next Showroom opens outlet in Srinagar

GK NEWS NETWORK

Srinagar, Aug 12: India’s largest electronics retail chain, Next Showroom, today opened a showroom at Regal Chowk, here.  The showroom was inaugurated by Vice Chairman, Srinagar Development Authority, Farooq Renzu in presences of company’s Marketing Head Sanjeev Kumar and Business Partner More

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Dr Farooq Abdullah inaugurates R&D conclave on renewable energy

GK NEWS NETWORK

New Delhi, Aug 12: In an attempt to boost the new and innovative technologies, Ministry of New and Renewable Energy (MNRE) kicked off a two-day seminar at Vigyan Bhawan, here. Minister for MNRE, Dr Farooq Abdullah, inaugurated the workshop “R&D Conclave on New and Renewable Energy-Prospects More

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Air India to resume flights to most global destinations

New Delhi, Aug 12: Come September, Air India will have all its Boeing 777s pressed into service and flights restarted to important destinations like Hong Kong, Seoul, Frankfurt and New York to regain lost international market share. The airline has eight 777 LR (long range) and twelve 777 More

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India's forex reserves rise to $289 bn

Mumbai, Aug 12: India's foreign exchange (forex) reserves grew by $502.2 million to $289.15 billion for the week ended Aug 3, 2012, the Reserve Bank of India's (RBI) data showed. The forex had increased by $1.31 billion to $288.64 billion for the week ended July 27, 2012. The forex had earlier More

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Kingfisher Airlines posts Rs651 cr Q1 loss

Mumbai, Aug 12: Cash-strapped Kingfisher Airlines Saturday reported a net loss of Rs.650.78 crore for the quarter ended June 30, 2012 from a loss of Rs.1,151 crore in the corresponding period of 2011-12. The company said in a statement that the impact of high fuel cost, high interest rate, expenses More

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Quack financial advisors

Bring operations of the local brokers and sub-brokers in the state, particularly in Kashmir under the ambit of law to protect the interests of investors.

Sajjad Bazaz

ONE of my acquaintances, a keen stock market watcher and possessing a reasonable investment portfolio having investment in some ‘quality’ shares, raised a question mark against the functioning of stock brokers and sub-brokers. He has his own reason to call them ‘unreliable’. On a few occasions, he More

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