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    Equity Investors’ Wealth Plunges Rs 1.36 Lakh Cr Amid Sell-Off In Markets

    MARKETS Bazar Observer -
    New Delhi- Investors became poorer by Rs 1.36 lakh crore on Friday as the markets witnessed a sell-off amid weak global trends. Benchmark stock indices...
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    Industrial Production Growth Perks Up Slightly To 5.2% In January

    MARKETS Bazar Observer -
    New Delhi- India's industrial production growth perked up slightly to 5.2 per cent in January from 4.7 per cent in December 2022, mainly due to...
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    J&K To Launch Commercial Farming Of Shiitake Mushroom In September

    MARKETS Bazar Observer -
    Jammu- Jammu and Kashmir’s agriculture department will launch commercial farming of one of the costliest mushrooms Shiitake in September after successful field trials of the...
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    Jammu, Feb 22 (PTI) The Jammu and Kashmir administration has approved the setting up of seven new industrial estates at a cost of Rs 304.51 crore, an official spokesperson said on Thursday. The estimated investment in these industrial estates, spread over 5,290 kanal across six districts, is Rs 8,700.16 crore with employment potential of 28,376 people, the spokesperson said. He said the administrative approval for the development of seven new industrial estates was accorded by the administrative council that met here under the chairmanship of Lt Governor Manoj Sinha. The seven new industrial estates will be developed at Sempora Medicity and Khunmoh-Panthachowk in Srinagar, Banderpora in Budgam, Bhagthali in Kathua, Karandi in Samba, Trenz in Shopian, and Hariparigam Tral in Pulwama. The new industrial estate at Sempora on 517 kanal of state land shall be developed by IRCON at an estimated cost of Rs 22.60 crore, and the project will attract an investment of Rs 1,825.45 crore, having an employment generation potential of around 11,643. The industrial estate at Khunmoh, Pantha Chowk, on 600 kanal of land shall be developed at an estimated cost of Rs 45.36 crore by IRCON, he said, adding the project will attract investment of Rs 465 crore and has employment potential of around 355. He said the industrial estate at Bhagthali, Kathua, on 2,949 kanal shall be developed at an estimated cost of Rs 83.13 crore by NBCC. The project will attract an investment of Rs 4,599.89 crore and has employment potential of around 8,278, the spokesperson said.

    I&C Dept Seeks Public Feedback On Industrial Policies

    MARKETS Bazar Observer -
    Jammu- The Jammu and Kashmir Industries and Commerce (I&C) department has sought public feedback on various industrial policies, including the Industrial Land Allotment Policy 2021-30. After...
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    Efforts Afoot To Revive Art Of Making Fancy Wicker Products In J&K: Govt

    MARKETS Bazar Observer -
    Srinagar- Falling returns and lack of incentives had brought the art of making fancy wicker products to the verge of extinction, but timely intervention by...
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    India Can Become 3rd Largest Economy By Skilling Youth: PM

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    Ahmedabad- Prime Minister Narendra Modi on Monday said skilling the youth holds the key to India becoming the third-largest economy in the world from...
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    Govt To Bring Retail Trade Policy To Promote Ease Of Doing Business For Traders

    MARKETS Bazar Observer -
    NEW DELHI- The government is working to bring a national retail trade policy for brick-and-mortar retail traders with an aim to promote ease of...
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    India’s Per Capita Income Doubles Since 2014-15

    MARKETS Bazar Observer -
    New Delhi- India's per capita income in nominal terms doubled to Rs 1,72,000 since 2014-15 when the Narendra Modi-led NDA came to power but...
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    LPG Gets Costlier After Rs 50 Hike

    MARKETS Bazar Observer -
    New Delhi- Cooking gas LPG price on Wednesday was hiked by Rs 50 per cylinder — the first increase in rates in almost eight months...
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    Decks Cleared For USD 100 Million Support By IFAD In J&K

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    Jammu-  The Jammu and Kashmir administration has cleared decks for USD 100 million support by International Fund for Agricultural Development (IFAD) through implementation of...
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