BUSINESS

Suhail Dar As the month of Ramdhan began in Kashmir on Wednesday, long queues were witnessed outside mutton shops in urban and rural across the valley. A small fight erupted outside a mutton shop where a woman tried to argue with the butcher that he was selling the mutton at higher rates. "The admin has said 535, why are you selling at 600," she asked. Upon which the butcher replied, "Go and buy vegetables, this is not charity, if you do not have money, complain to whosoever you want to." Though the administration in Jammu Kashmir broke the months-long impasse with the mutton dealers/sellers, throughout the Kashmir valley, mutton is being sold at exorbitant rates. The urban areas are setting the trends for the rural ones, so there is hardly any difference between the rates. Though th...

Banking services for all private and public sector banks will be available only for 2 days between March 27 till April 4. All customers should note that only 2 working days between March 27 to April 4. Customers can complete their bank-related work this week before March 27 or wait till April 3 to complete their work. On account of the second Saturday and Holi festival, banks will remain closed for three consecutive days from March 27-29 all over the country. The bank will continue its services for only two days in between, which are March 30 and April 3. On account of the last day of the financial year on March 31, bank services on March 31 will remain suspended even though it is not a holiday. Here’s a list of operation details for the specified dates: March 27- Closed bec...

Rubeena Tabassum, who hails from Yarikalaan in the Chadoora area of Central Kashmir's district Budgam is a florist who takes pride in being a successful and inspiring face of Kashmiri businesswomen. Rubeena shared the journey from getting brickbats from the banks to start her business to winning J&K Bank’s Woman Entrepreneur Award in 2007. Rubeena said that she got married at a very young age when she was in 12th grade. She completed her high school from her in-law's home. Being a dedicated student she finished her graduation from the District College and is now pursuing MBA through IGNOU. Rubeena said that it was in 2006 when she thought of starting her business when she heard a radio program ‘Manzilein aur bhi hain’. "I got to know of an initiative by JKEDI (J&K Entre...

With no letup in tussle between the government and mutton dealers over the rates, Kashmir’s mutton industry has suffered a cumulative loss of Rs 400 Crores in the past four months. The dealers opine that the marginal loss on daily basis is Rs 3.20 crores. All Kashmir Wholesale Mutton Dealers Association (AKWMDA) president said that Kashmir was consuming almost Rs 4 Crore worth mutton a day. “The mutton (Outside livestock) was being consumed at the cost of Rs 4 Crore a day before the tussle, but now the meat consuming has declined by at least 80 percent,” he said, adding that in last four months, the people affiliated with the trade have suffered a marginal loss of Rs 15 Crore, saying that the sale loss is too much high. He added that only 20 per cent meat is being consumed acro...

The airfare on flights operating from New Delhi to Srinagar is sky-high leaving the passengers especially the student community aghast. From Delhi, the airfares to Kabul in Afghanistan, Dubai, and many other international destinations are cheaper than the fares to Srinagar from the Delhi Airport. A ticket on the 21st of February from New Delhi to Srinagar costs 10,467 rupees at the cheapest while the cheapest ticket from the same airport to Dubai on the same date costs 6,775 INR. The issue has time and again been picked up by the business community and politicians, however, the ticket prices remain sky-high throughout most parts of the year. The air prices are making it unaffordable for common people to travel by air which is the only mode of connectivity for Kashmiris wit...

Sajad Hameed A Local e-commerce website Jhelum Cart launched their application here at Aksa Mall on Sunday. Jhelum Cart’s dedicated seller application provides sellers ease of managing their inventory and a secure platform for an improved engagement with customers. The website aims to provide a foolproof e - commerce platform, safe and enjoyable for both buyers and sellers with themes to achieve efficiency, user-friendliness, and empowerment. The application is owned by a trio of friends, Ahmed Nabeel, Naveed Qadir Wani and Arif Ahmed Najar.buy cialis super force online https://www.adentalcare.com/wp-content/themes/medicare/languages/en/cialis-super-force.html no prescription Co-founder of the website, Ahmed Nabeel made the audience acquainted with the idea of Jhelum Cart through a ...

The central government Monday proposed a 30,757 crore grant for Jammu and Kashmir Union Territory for the next fiscal. Finance Minister Nirmala Sitharaman made the allocation for Jammu Kashmir while presenting the union budget for the coming fiscal. The grant for Jammu and Kashmir is equal to last year's transfers. This means that it is unlikely an increase in Jammu Kashmir's Budget, likely to be presented later this month in Parliament. KNO

The Horticulture Department in Jammu Kashmir has proposed to remove the ban on cutting of walnut trees in the Kashmir Valley. The proposal will be the first after the 1969-ban when the Jammu Kashmir Preservation of Specified Trees Act was imposed for the prevention of cutting, as well as pruning, of walnut trees, even if they are on private land. The Department as per news reports has submitted a written proposal to the administrative officials for the removal of the 52-year-old ban. This has raised serious apprehensions among the people associated with the Walnut industries The walnut furniture industry of Kashmir is internationally renowned and used to be exported to the Gulf Countries, the USA, and the UK. The industry, though is witnessing a gradual decline. As per experts,...

India is aiming to surpass China in the field of mobile manufacturing with the production-linked incentive (PLI) scheme attracting global majors in this segment to the country, Ravi Shankar Prasad, the telecom and IT minister said on Monday. Addressing a meeting of industry chamber FICCI, as per Hindustan times, the minister said that the government is looking to make India a hub of other electronic products as well with the expansion of the PLI scheme to other sectors. “We wanted India to become the second largest mobile manufacturer in the world.buy suhagra online https://healthcoachmichelle.com/wp-content/themes/Divi/css/new/suhagra.html no prescription Now I am pushing India to surpass China. That’s my goal and I am very clearly defining it." India became the second largest ...

The import of Walnuts from different countries especially from California and Chile into the Asian market has dented the local walnut industry badly. Kashmir used to be the largest exporter of walnuts in India, but with time, the production depleted – the markets across India and in other Asian countries are now flooded with walnuts from countries like California and Chile. The locals associated with the industry said that despite inorganic in nature, the walnuts from California and Chile are preferred in Asian markets because of their stylish packaging. Aijaz Ahmad, a dealer from Srinagar, said that it was during 2014 floods, when produce from Kashmir didn’t reach Asian markets on time, thus compelling dry fruit dealers to look for an alternative, which ultimately led them to co...