Centre rolls back 1 pc excise duty on jewellery

MUKEET AKMALI

Srinagar, May 7: Here is some good news for the jewellers. The centre government on Monday decided to roll back one per cent excise duty on branded or unbranded gold items.    According to reports moving the Finance Bill, 2012 for consideration in the Lok Sabha, Finance Minister More

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‘Gold imports could rise’

PRESS TRUST OF INDIA

Mumbai, May 7: Gold imports from India, the world's biggest buyer of bullion, could rise on pent-up demand from jewellers after the federal government decided to scrap an excise duty on jewellery it imposed in March, the head of a trade body said on Monday. The federal government will withdraw More

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JK Bank begins registration for Amarnath Yatra

GK NEWS NETWORK

Srinagar, May 7: J&K Bank has started registration for Amarnath Yatra 2012.  J&K Bank President & Zonal Head Jammu (Central) O P Sharma formally inaugurated the registration process from Bank’s counter at Residency Road, Jammu. Speaking on the occasion, Sharma said, “ More

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Govt enhances prize money on artisan awards

GK NEWS NETWORK

Srinagar, May 7: Here is some good news for the artisans in J&K. The government in a bid to encourage the talented artisans has enhanced the prize money of the annual state awards in handicraft sector from Rs 15,000 to Rs 50,000 from 2012-13 in each craft.  The prize money for More

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Arora is VC SKUAST-J

Srinagar, May 7: Eminent Agricultural Scientist Dilip K Arora has been appointed as Vice Chancellor of Sher-e-Kashmir University of Agricultural Sciences and Technology (SKUAST), Jammu, replacing Shaleen Kabra. Governor N N Vohra, who is Chancellor of SKUAST-Jammu, in consultation with Chief More

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Do even more to cut Iranian oil imports: Hillary to India

PRESS TRUST OF INDIA

Kolkata/New Delhi, May 7: US Secretary of State Hillary Clinton today pressed India to do "even more" to cut its oil imports from sanctions-hit Iran to keep pressure on Tehran to meet international demands on its disputed nuclear programme. Clinton, whose trip to India coincided with the More

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India for trade with Iran on items outside sanctions

PRESS TRUST OF INDIA

New Delhi, May 7: Amidst US pressure to cut oil imports from Iran, India today asked a visiting Iranian business delegation to focus on trade items which do not attract sanctions. In a meeting with Commerce Secretary Rahul Khullar, a delegation of the Tehran Chamber of Commerce, Industry More

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PDD heading for major overhaul

T&D wing to be bifurcated to reduce losses

ARUN SINGH

Jammu, May 7: In a bid to slash the ever increasing Transmission and Distribution losses (T&D) of power in the state, the Power Development Department has decided to bifurcate the Transmission and Distribution wings in the state. Sources in the PDD informed that the department has decided More

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Mir chairs 28th AGM of Agro Industries

Srinagar: Annual Accounts of J&K State Agro Industries Development Corporation limited (AIDCL) for 1995-96 were adopted in the 28th Annual General Meeting of the corporation here today. The meeting was chaired by Minister for Agriculture Ghulam Hassan Mir here this morning. The More

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JK seeks extension of industrial package

PRESS TRUST OF INDIA

Srinagar: The Jammu and Kashmir government has asked the Centre to extend the existing industrial package, which is expiring this year, by a few more years for the benefit of local entrepreneurs. "The state government is persuading the Centre to extend the existing industrial package for More

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Cooperative Banks issue 66,500 Kissan Credit cards in JK

GK NEWS NETWORK

Srinagar, May 7: Minister for Cooperatives, Dr Manohar Lai Sharma, today reviewed the working of the Cooperative Banks at Corporate Office of JKSCB here. The minister was informed that Cooperative Banks in J&K have issued 66,500 Kissan Credit Cards to farming community involving Rs 99 More

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Post Offices, Banks declared smoking free zones in JK

GK NEWS NETWORK

Srinagar, May 7: Chief Post Master General J&K, John Samuel has declared all the Post Offices and Administrative Offices in J&K Postal Circle as “Tobacco-free”.  He ordered that “no-smoking” signages would be displayed at all the Post offices.  Earlier, Chairman J&K Bank More

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Sensex recovers losses

PRESS TRUST OF INDIA

Mumbai: The BSE benchmark Sensex recovered from early lows to close higher by 82 points after the government deferred implementation of the General Anti-Avoidance Rules (GAAR) by one year. The 30-share barometer index had dropped by 317 points to intra-day low of 16,513.77 on fears that proposed More

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Delay in reforms inevitable: Pranab Mukherjee

PRESS TRUST OF INDIA

Manila, May 7: Sharing concern over slow pace of key reforms in India, finance minister Pranab Mukherjee said in Manila on Saturday that delays are inevitable in a coalition-run government as it has to take on board views of different ruling partners and the process is time-consuming. However More

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