97.62 Pc Of Rs 2,000 Currency Returned; Rs 8,470 Cr Worth Of Notes Still...

Mumbai- The Reserve Bank of India (RBI) on Friday said nearly 97.62 per cent of the Rs 2,000 bank notes have returned to the...

J&K Bank Shines At MSME Banking Excellence Awards-2023

Wins Best MSME Bank Award, Second Best Award for Promoting Government Schemes Srinagar- Adding another feather of excellence to its cap, J&K Bank won the...

GDP Growth In FY24 Likely To Be Within Striking Distance Of 8%: SBI Report

New Delhi- The GDP growth for the current financial year could be within striking distance of 8 per cent, a study by the State...
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.

NC Demands White Paper On New Industries In J&K

Jammu- The National Conference on Friday asked the Jammu and Kashmir administration to issue a white paper on the number of new industries set...

Markets Record Rally Makes Investors Richer By Rs 4.29 Lakh Cr

New Delhi- Investors became richer by Rs 4.29 lakh crore on Friday as markets fired on all cylinders with the BSE Sensex rising sharply...

FIU Imposes Rs 5.49 Cr Fine On Paytm Payments Bank For PMLA Violations

New Delhi- Financial Intelligence Unit-India (FIU-IND) has imposed a Rs 5.49 crore penalty on Paytm Payments Bank for violating anti-money laundering rules, the Finance...

Maruti, Hyundai, Tata Motors Register Robust Sales In February On Strong SUV Demand

New Delhi- Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Friday reported robust sales for February as demand for sports utility vehicles continued...

Direct Benefit Transfer Worth Rs 34 Lakh Cr Facilitated By PFMS: Sitharaman

New Delhi- Finance Minister Nirmala Sitharaman on Friday said Direct Benefit Transfer of Rs 34 lakh crore has been facilitated by the Public Financial...

CBDT Identifies Mismatches In ITRs, Third Party Info

New Delhi- The Income Tax department on Monday said it has identified mismatches in ITRs filed by some taxpayers and information on dividend and...

RBI Permits Banks To Issue Pre-Paid Instruments For Payments Across Public Transport Systems

Mumbai- Reserve Bank of India (RBI) on Friday permitted banks and non-banking institutions to issue pre-paid instruments for making payments across various public transport...