BUSINESS

Parliament Passes Law Allowing Auction And Mining Of Lithium Reserves

Parliament Passes Law Allowing Auction And Mining Of Lithium Reserves

SRINAGAR: The Parliament on Wednesday passed a law allowing the government of Jammu and Kashmir to auction and mine its newly-discovered reserves of lithium, among other minerals, thereby increasing the mining of the critical raw material for electric vehicle batteries. Under the law, lithium, along with other minerals, was removed from a previous list of atomic […]

Srinagar airport is 3rd highest prof-making airport for AAI

Srinagar airport is 3rd highest prof-making airport for AAI

Srinagar, Aug 01: Srinagar airport is the third highest profit-making airport for the Airport Authority of India (AAI) which maintains 133 airports across India. Details available reveal that Srinagar airport is the third highest profit-making airport for the AAI after Netaji Subash Chandra Bose Airport, Kolkata and Pune airport. Srinagar airport generated profit of Rs […]

‘Reduction in import duty on Washington apples’

‘Reduction in import duty on Washington apples’

Srinagar, Jul 06: Apple industry in Kashmir which has been suffering losses for the last many years is again caught in the throes of crisis since the government ordered the reduction of import duty on Washington apples. The apple growers across Kashmir said that the industry which is considered the backbone of J&K’s economy has […]

KTMF calls for simplified and trader friendly tax system

KTMF calls for simplified and trader friendly tax system

Srinagar, July 04 : Kashmir Traders & Manufacturers Federation (KTMF) called for a simplified and a trader friendly tax system here at a function on part of GST week celebrations. The event was organised by State Taxes Department with Stakeholders at Excise & Taxation Complex Solina. President KTMF Mohammad Yaseen Khan in his address to […]

Wild boars a new threat to agriculture sector in Kashmir

Wild boars a new threat to agriculture sector in Kashmir

Srinagar, May 11: With Kashmir’s agriculture sector already battling the post COVID-19 challenges, transport blockade and the unusual climatic change, now wild boars are threatening the agriculture and horticulture sector. Villagers from Chalkloo area of Baramulla said that wild boars have damaged their paddy fields, causing huge losses to them. “These boars destroy our fields […]