Category: Business

Business

Jewellers remain on strike

Editor

There is no let-up in the ongoing strike by jewelers with the traders saying the strike is causing daily loss of Rs 1.5 crore in Kashmir. Meanwhile, a team of Valley jewellers will leave for New Delhi tomorrow to participate in the protest at the Jantar Mantar. “Our strike entered day 33 today and we will not call it off till our demands are met. Tomorrow, president of the association Bashir Ahmad Rather will lead a team from here to the Jantar Mantar in New Delhi where jewelers and gold…

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Jewellers continue protest

Editor

25th-day on Strike  KEA demands rollback of act While the Valley jewelers strike against government’s proposal to levy 1 per cent excise duty on gold, entered 25th day on Monday, the association held protests march from Saraf Kadal to Baba demb and were demanding rollback of the act. The jewelers who have pegged their tents in Srinagar city at Saraf Kadal marched towards Khanyar via Baba Demb and were chanting slogans like ‘we want justice’. Led by Kashmir Economic Alliance (KEA) president, Muhammad Yaseen Khan, the protests were holding banners…

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Expert panel to help walnut, Kernel sector

Editor

Governor NN Vohra has directed the Agriculture Production Department to establish a committee of experts to look into all problems being faced by the walnut and kernel sector in the state. The committee will be headed by Prof Nazeer Ahmad, Vice Chancellor, Sher-e-Kashmir University of Agricultural Sciences and Technology, Kashmir, said a Raj Bhawan spokesperson. It will include the Director, Horticulture (Planning and Marketing), J&K; Director, Horticulture, Kashmir; Director, Horticulture, Jammu; Director, Central Institute of Temperate Horticulture, Kashmir; representatives of the industry and any other officer who may require to…

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Kashmir civil society opposes proposed power tariff hike

Editor

Strongly opposing the Power Development Department’s proposed power tariff hike, a Kashmir-based civil society group has petitioned the State Electricity Regulatory Commission (SERC) and advocated increase in power tariffs for army and other forces’ establishments, also stating that general consumers cannot be burdened for “failure” of the State to reduce the Transmission and Distribution losses. The Kashmir Centre for Social and Development Studies (KCSDS)— in its petition—has expressed concern over the “failure of authorities” to curb and control the “perpetuating and ever-growing T&D losses incurred in power sector which is…

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Steep airfares hit tourism, Kashmir economy: KCCI

Editor

Expressing serious concern over steep hike in airfares, Kashmir Chamber of Commerce and Industry today lashed out at the central and state governments for “failing to prevent loot by airlines.” In a statement, president, KCCI, Mushtaq Ahmad Wani said the steep hike in airfares is a serious concern as it hits Kashmir tourism industry and its economy badly. “The Valley does not have the direct railway connectivity with rest of the country. Jammu-Kashmir highway remains blocked most of the time due to inclement weather during winters. This makes air travel…

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CAPD dept fixes food rates in dhabas

Editor

In a bid to tighten noose around the dhabas which continue to fleece customers by charging exorbitant rates for food items, the Consumer Affairs and Public Distribution (CAPD) Department, Jammu, has revised and fixed the sale rate of both vegetarian and non-vegetarian dishes. The dhaba owners have also been instructed to display the rate list of food items at their business establishments within the municipal limits. Sources said the rates were fixed by the department after reports poured in about alleged fleecing of customers by dhaba owners by charging rates…

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Seasonal mushroom Shajkun sells like hotcakes in north Kashmir

Editor

Shajkun, a seasonal mushroom found in the coniferous forests of Kupwara, Baramulla and Bandipora in March and April months, is selling like hot cakes in north Kashmir. As the weather has improved here, the women folk venture out in the nearby thick forests of Deodar in Kupwara, Lolab, Handwara, Kralpora and Kandi to collect the rare mushroom locally known as Shajkun. According to the locals this mushroom generally grows in the shape of an ear and is rich in protein, iron and calcium. The locals believe this golden colour mushroom…

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Jewellers’ strike enters 19th day

Editor

Strike by jewellers against government’s proposal to levy 1 per cent excise duty on gold, entered 19th day on Monday. Despite repeated pleas by the jewellers for rollback of the union budget proposal, the central government has paid no heed to “our pleas,” the jewellers here said. The jewellers carried out a protest rally from the retail gold market here to press for their demand. Bashir Ahmad Rather, president All Kashmir Gold Dealers and Workers Association said the national media wrongly reported that the strike was called off across India.…

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‘Tulip garden conversion will deprive Kashmir of its USP’

Editor

Taking strong exception to the government proposal to turn Tulip garden into a ‘round-the-year tourist spot’, the Valley-based tourism traders today said it will deprive Kashmir of its USP. The tourism players said the move would prove counter-productive for the Tulip garden which is known for its serene locales and variety of tulip bulbs attracting hordes of backpackers during spring to Kashmir. On the foothills of Zabarwan, the Indira Gandhi Memorial Tulip Garden has been ranked among ‘Top 5 tulip gardens’ to be visited across the globe, by the World…

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On Navroz eve, Dal Nadroo missing from Kashmir markets

Editor

Nadroo—lotus stems or upper root—figuring most prominent in Kashmiri cuisines kept the date with all the big festivals ranging from Eid to Navroz. But since the great floods of 2014, it has disappeared from the markets. Ahead of this Navroz, the local Nadroo was again off-the-shelf in Srinagar markets for the second consecutive year after 2014 floods. Nadroo—lotus stems or upper root—figuring most prominent in Kashmiri cuisines kept the date with all the big festivals ranging from Eid to Navroz. But since the great floods of 2014, it has disappeared…

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