Business Archives | Page 17 of 102

Offbeat destinations in south Kashmir see a surge in tourist arrivals

July 7, 2023July 7, 2023 Editor

As Kashmir witnesses a tourist boom with all major attractions – Pahalgam, Gulmarg, and Sonmarg jam-packed, visitors are slowly turning to offbeat scenic destinations. Among them is Kokernag in the heart of Brengi Valley, known for its freshwater springs, virgin forests, and Brengi stream, a major tributary of River Jhelum. The water of its springs is believed to stimulate the digestive mechanism in humans. The botanical garden and Asia’s largest trout fish farm, remain the major attraction in Kokernag. It is connected on one side to Achabal and on another side to Daksum…

Discover the Himalayan Dream: Jammu & Kashmir’s Finest Golf Courses for Golf Enthusiasts!

July 6, 2023 Editor

Jammu & Kashmir, nestled in the breathtaking landscapes of the Himalayas, not only offers picturesque views but also boasts some of the most magnificent golf courses in India. Golf enthusiasts are in for a treat as they can indulge in their favorite sport while surrounded by the majestic mountains, serene lakes, and lush greenery. Here are six remarkable golf courses in Jammu & Kashmir that are every golfer’s dream: Royal Springs Golf Course, Srinagar: Situated in the capital city of Srinagar, Royal Springs Golf Course is a true gem. Designed…

Kashmir Tops List of Most Sought-After Destinations for Solo Travelers

July 3, 2023 Editor

Jammu and Kashmir is one of the most sought-after destinations for solo traveling, a latest travel report revealed. The research, carried out by a prominent travel fintech `SanKash’ found that almost “35 percent” of solo travelers prefer Jammu and Kashmir for vacationing, followed by Manali (25 percent) and Shimla (14 percent). Mussoorie, Sikkim, and Goa are among the other top preferred destinations, with bookings clocking in at nine percent, seven percent, and five percent, respectively. Amin Javid, travel blogger and founder of JKL Travels told The KIF that the term…

KCCI Reports 50% Decrease in Eid Sales across Kashmir Valley

June 30, 2023 Editor

Markets in Kashmir witnessed only 50 percent sales compared to previous years ahead on Eid-ul-Adha. Speaking to the news agency—Kashmir News Observer (KNO), Kashmir Chamber of Commerce and Industries (KCCI) president Javid Ahmad said they do not have a precise percentage of loss but there was a 50 percent decline in sales. “We cannot be sure about the exact percentage of loss on Eid ul Adha but the difference is more than 50 percent from the previous year. As compared to the previous Eid, Kashmir recorded a minimum of 50…

Kashmiri Growers express shock as GoI removes 20% Import duty on American Apples

June 28, 2023 Editor

The Centre’s decision to remove 20 per cent retaliatory import duty on American apples will pile on difficulties for the already stressed Kashmiri horticulture industry, fruit dealers and growers in the valley said. The farmers and dealers were suffering due to hail storms and unexpected weather conditions, including unseasonal rain, this year, Bashir Ahmad, president of the Fruit Growers and Dealers Association of Kashmir, told PTI. Reducing 20 per cent import taxes on Washington Apple will add more difficulties and have an adverse impact on the horticulture industry, he said.…

Kashmir markets see Unusually Low sales ahead of Eid

June 28, 2023 Editor

Trade leaders blame recession, inflation, online marketing Markets in Kashmir witnessed a thin footfall of shoppers ahead of Eid-ul-Azha, the festival of sacrifices, while the trade leaders term the recession, inflation and online marketing as the main reasons behind the sluggish market. The shopkeepers told the news agency—KIF that they were expecting a good sale but said the markets lacked enthusiasm. They said the flow is even low than Eid-ul-Fitr. People were seen jostling and swarming around mutton and bakeries shops; however, the overall market sentiment was low, the shopkeepers…

Seventeen Cricketers from six nations opt for Kashmir Willow in World Cup

June 17, 2023June 17, 2023 Editor

The demand for Kashmir Willow bats has increased in the global markets after the international cricket players from Oman and UAE used them in the T20 World Cups. Now, around 17 more players from six cricketing nations have got bats made from Kashmiri Willow for the ODI World Cup 2023 scheduled to be held in India this October. The people associated with this industry expressed happiness that more countries have started using Kashmiri Willow bats in the professional game. They expect more teams to procure the bats in the future.…

Domestic air travel rebounds, but higher ticket prices could dampen demand

June 16, 2023June 16, 2023 Editor

India’s domestic aviation sector experiences remarkable growth as the number of passengers carried by airlines from January to May grew over 36 per cent compared to the previous year, according to government data. Among domestic airlines, Indigo, Vistara, and Air Asia got an increase in market share. The many positives for the Indian aviation sector 1. Showing a recovery from Covid-19 induced slump, domestic airlines carried 636.07 lakh passengers from January-May, marking a 36.10% annual increase compared to the same period last year. 2. Passenger count rosed from 114.67 lakhs…

Kashmir Willow Bats to feature in ODI World Cup following successful trial during Qualifying Campaign

June 13, 2023 Editor

The Kashmiri Willow bats are set to feature in the upcoming ODI World Cup in India after they went under successful trials in the qualifying phase of the tournament. Manufactured in India’s Kashmir, the bats were first seen used by the Oman cricket team at a World Cup in 2022. They used it in the 2022 edition while bat’s performance saw it hit the longest six in the tournament. Now, used in the ongoing qualifying stage of the ODI World Cup in Zimbabwe, the bats will be a feature story…

Bungus Valley: A Picturesque Paradise witnessing surge in Tourist Footfall

June 13, 2023 Editor

Located in the higher ranges of the Shamsbari mountains at an altitude of 10,000 ft above sea level in northern district of Kupwara, Bungus Valley as a tourist destination has a lot to offer to visitors with its natural breath-taking beauty. Nested in the border district of Kupwara in the northern belt of Kashmir valley. Bungus since the 2021 ceasefire pact has seen a record number of tourist arrival. Apart from the increased footfall of tourists, small business units have come up in the nearest places. Existing markets are witnessing…