Business Archives | Page 34 of 102

Srinagar Downtown; Once a commercial hub now a victim of frequent restrictions

October 20, 2018 Editor

An eerie calm, spools of concertina wire, forces personnel in riot-gear dotting the deserted streets and traumatised faces of young and old: This is the most simplified description of Srinagar’s Downtown—once a bustling commercial hub—by its residents braving the brunt of frequent restrictions imposed by the forces there. According to residents of Downtown areas, the frequent imposition of curfews and disallowing of congregational Friday prayers at Jamia Masjid have taken a serious toll on people of all ages and professions. The worst-hit, the residents say, are once-bustling markets of Mahraj…

Despite test run, night flights yet to take off at Srinagar airport

September 24, 2018 Editor

It has been over 40 days, but the Srinagar International Airport has failed to launch the night flight operations even after a successful test run on August 10. The airport authorities say everything is ready on the ground to start the night flights but the airlines concerned are yet to submit their proposals for starting the flights. “The Airports Authority of India is ready with the infrastructure needed to start the operations. The state government is also ready. The night flight operations have been delayed only because the airlines concerned…

Bollywood’s comeback a boost to Kashmir Tourism

September 22, 2018September 22, 2018 Editor

Bollywood is slowly returning to the Valley after staying away from it for quite a long time. A few film crews have shot in Kashmir this year, including at Srinagar Airport after more than three and a half decades. To attract more film crews, tourism department officials will soon visit Mumbai to extend a fresh invite to actors and filmmakers. “This year, Salman Khan and John Abraham shot here. Filmmakers Bunty Walia and Vidhu Vinod Chopra also shot here and we are getting more queries. We are planning to go…

Fuel prices continue northward march, Soaring prices set commuters pockets on fire

September 14, 2018September 14, 2018 Editor

The soaring prices of diesel and petrol is proving to be a burden for commuters and transporters in Kashmir, many of whom say their monthly expenses have shot up due to the fuel price hike. Several commuters who spoke to Kashmir Post said they are spending almost double of what they used to shell out for petrol and diesel and are now looking for ways to save some money. Petrol which was priced at around Rs 75 per litre last month in Srinagar has witnessed a spike and is now…

Kashmir Tourism goes in for fresh marketing

September 7, 2018 Editor

As Kashmir tourism sector is on a revival path, the government and private stakeholders on Thursday embarked on a fresh countrywide promotional campaign. The tourism department will focus on wooing south Indian tourists in the first phase. “We will be making a presentation and have also set up a stall at the three-day 34th Indian Association of Tour Operators’ (IATO) Convention that started at Vishakapatnam on Thursday. We have started a fresh promotional campaign and we will go to all major cities across the country. However, we will concentrate on…

Spike in fuel price continues, Petrol price goes up 30 paise, Diesel rises 40 paise

September 3, 2018September 3, 2018 Editor

Petrol prices in Delhi breached Rs 79 a litre on Monday, continuing a rising streak in prices across metros. At Rs 79.15 a litre in the national capital, the price of petrol hit a fresh record high on Monday, more than 31 paise over Sunday’s price of Rs 78.84. Under the dynamic pricing system for transport fuels, the Indian Oil Corporation (IOC) revises fuel prices based on global crude oil prices every day at 6 am. In Mumbai, Kolkata and Chennai, petrol prices went up by in the range of…

Why J&K Tourism lags far behind Kerala and Gujarat?

August 31, 2018 Editor

In 2017, a record 10 million foreign tourists visited India. As many as 103 million domestic tourists visited the picnic spots and health resorts within India, the same year. The hospitality sector contributes 6.88 percent to India’s GDP and is estimated to earn 27 billion dollars, the next year. It was the Incredible India campaign launched by Government of India in 2002 that helped India pitch itself as a high-end destination. In fiscal 2017-198, Ministry of Tourism spent Rs 300 crore to promote the campaign on various media. Central Tourism…

Post test run, night flights to operate at Srinagar airport from today

August 10, 2018 Editor

In the run up to commencement of night flights at Srinagar airport, the authorities on Thursday conducted its test. Director Srinagar International Airport Akash Deep Mathur said they would take off a test flight. “Around 8 pm the IAF (Indian Air Force) will conduct a trial run of the night flight. And Go Air airline is operating its first commercial night flight to Srinagar,” he said. Mathur said currently the last flight from the Srinagar International Airport takes off at 5.45 pm. “Once night flying operations begin, this will be…

Valley based traders body to chalk out plan to safeguard Article 35A

August 9, 2018August 9, 2018 Editor

Valley-based traders’ organisations, which remained at the forefront of the recent protests, are now on the job to form a fresh strategy to oppose the attempts towards the abrogation of Article 35A. After taking out a series of protests, the traders will chalk out a fresh plan of action to “safeguard” Article 35A, which was added to the Constitution by a Presidential Order in 1954, and accords special rights and privileges to the citizens of the state. “We are having a meeting on August 9 and will discuss the way…

Trader’s Body ready to follow Joint Resistance Leadership on Article 35A Row

August 7, 2018 Editor

Representatives of traders and businesses Monday said they will consult the Joint Resistance Leadership for a future strategy to thwart efforts for abrogation of Article 35A. Several representatives of Kashmir-based trade bodies who hit the streets protesting the “assault” on the special constitutional provision said they were ready to adhere to any programme announced by the JRL to protect special status of the state. A group of traders representing a faction of Kashmir Traders and Manufacturers Federation (KTMF) who held a press conference here said they will be “consulting the…