BUSINESS

On Monday, the Jammu and Kashmir administration fixed the rates for sacrificial livestock in the Kashmir Valley ahead of Eid-ul-Adha. According to an order, a copy of which lies with the news agency—Kashmir News Observer (KNO), the director Food Civil Supplies and Consumer Affairs department has revised and re-fixed the rates of Qurbani (sacrificial) livestock in the valley. “Consequent upon the decisions taken in the meeting, regarding fixing/ review of rates of sacrificial (Qurbani) livestock, held today on 27-06-2022 and in supersession of all previous notifications issued on the subject and in the exercise of the powers conferred upon me under Jammu Kashmir Mutton Licensing & Control Order, 1973 read with SRO - 31 dated 1974, I, Dr. Abdul Salam Mir, Director Food, Civil Suppl...

The Central Bureau of Investigation on Sunday raided the residence of Muhammad Showkat Choudhary, owner of Hatric Group of Companies, as part of its investigation in Roshini land act, days after it registered a case against six officials including three former IAS officers for giving him ownership rights on a piece of land under the Roshini Act despite the fact that the original lease was in the name of Mehboob Afzal Beigh. Highly placed sources told news agency—Kashmir News Observer (KNO) that anti-corruption branch of CBI carried out searches today at the residence of Showkat Choudhary after the CBI registered an FIR against six officials who were part of the committee which approved ownership rights on piece of the land to him under Roshini Act. According to preliminary investigat...

After an increase of ₹ 1324.5 in its cost over the past two years, the price for a commercial LPG cylinder has been reduced by Rs 135 with immediate effect from today. This reduction on Wednesday has brought down the price of 19 KG LPG commercial cylinder in Delhi will now cost Rs 2219. As per news agency ANI, prior to the reduction in costs on Wednesday, the commercial LPG cylinder was priced at Rs 2454 in Kolkata, Rs 2306 in Mumbai, and Rs 2507 in Chennai. After the respite, the rate for a commercial LPG cylinder in Kolkata is now Rs 2322, Rs 2171.50 in Mumbai, and Rs 2373 in Chennai. This reduction in price is only valid for commercial ones, and not the domestic LPG cylinders. In Delhi, the 19 kilogram LPG cylinder cost 1029.5 ₹ in May 2020. The latest hike in the prices came o...

Shoppers in Anantnag have been mandated by the local administration to keep their shops shut once a week. According to an order by Assistant Labour Commissioner Anantnag, accessed by The Kashmiriyat, the shoppers in the south Kashmir district to close their Shop/Establishment on Sundays or Fridays. "The owners of shop/establishment who have opted Sunday as weekly close day are hereby directed to keep their shop/establishment close on Sundays and similarly the owners who have opted Friday as s close day shall remain closed on Fridays, anybody violates this order shall be dealt as per law," the official order read.    

The costumers of Jammu Kashmir Bank were on Tuesday put to a lot of inconveniences after services went down once again across the Kashmir Valley on Sunday. Reports reaching Kashmir News Service (KNS) said that J&K Bank services including ATM and mPay services were down since early morning today, thereby putting costumers into a lot inconveniences. They said that the services were down at most places and costumers had to face lot of difficulties while withdrawing cash and do any online transactions. “Even as money was deducted from our accounts, but we were unable to collect the cash from the ATM. Same is the case with mPay service as it is also not working since morning, thereby leaving customers high and dry,” said Manzoor Ahmad from Srinagar. The customers said that bank ...

Jammu Kashmir administration ordered a comprehensive restructuring of the government departments dealing with various sub sectors of the agriculture sector. According to a press release, the administration has created a restructured Agriculture Production Department by merging the three existing line departments namely Agriculture Production and Farmers Welfare, Animal, Sheep Husbandry & Fisheries and Horticulture. “[This step] is likely to synergize efforts of government in achieving the target of doubling farm income, set by the Prime Minister. The restructuring shall ensure that all schemes for welfare of the population engaged in these sectors are available under one umbrella in a single department. The benefits of various schemes available in these sectors can be converged a...

In the ensuing month of Ramadhan, Kashmir is consuming at least 100 trucks of watermelon per day at the cost of Rs 5 crore. Talking to the news agency—Kashmir News Observer (KNO), Bashir Ahmad Bashir president of Fruit and Vegetable Association Kashmir said that a week ago, they were receiving a supply of 50 to 60 trucks of watermelon from various states of India but the demand went up and has exceeded 100 trucks as of now. “Every vehicle contains 15 to 20-ton watermelon. In the next few weeks, we expect that number of vehicles will reach 200-250,” he said. “Product is coming from Madya Pradesh and Gujarat. The produce is yet to come from Punjab and other states.” The rates are coming down with each passing day, he said. “People associated with watermelon trade and business ar...

The Government of India has announced a 10.7 percent increase in the Wholesale Price Index (WPI) for the calendar year 2021 over the corresponding period in 2020. The prices of nearly 800 scheduled medicines on the National List of Essential Medicines, which are used to treat the majority of common ailments, will rise by 10.7 percent starting from April 1, 2022, PTI reported. "Based on the WPI data provided by the office of the Economic Advisor, Ministry of Commerce and Industry, the annual change in WPI works out as 10.76607% during the calendar year 2021 over the corresponding period in 2020," the NPPA notice said. Now the prices of medicines used to treat fever, infections, heart diseases, high blood pressure, skin diseases and anemia will increase. This includes drugs like Par...