Saturday, July 2News That Matters

Business

Tata Steel to spend Rs 1,200cr on new technology development over 4 years, non-steel materials in focus

Business
Ranchi: Tata Steel Ltd is betting big on new technology development over the next three to four years and has firmed up plans to pump in around Rs 1,200 crore as a part of its endeavour to enter materials beyond steel , a top company official said. In the new materials business, the steel giant has been focusing on graphene, which can be mixed with plastic and recycled like brand-new products, among other attributes, he said. Tata Steel is a leading global producer of graphene-enriched products – the biggest in the country and among the top 10 in the world. “As far as the new materials business is concerned, the outlay in entire technology development, including incubation, over the next three to four years is about Rs 1,200 crore,” Vice-President, Technology. & New Materials Business,...

Delhi: Markets buckle up for July 1 plastic ban with posters, awareness campaign

Business
New Delhi: Markets in the national capital are gearing up for the ban on single-use plastic from July 1 with traders putting up posters outside their establishments asking customers to bring carry bags, and traders’ associations urging the shopkeepers to avoid using banned items. The associations said they are also organising awareness campaigns to inform all the traders about the single-use plastic (SUPs) ban, and alternative items they can use. In the latest notification of the Plastic Waste Management Rules, 2022, issued in February, all states and Union territories (UTs) were directed to phase out SUPs in a planned manner by July 1, 2022. The identified SUP items include earbuds, plastic sticks for balloons, flags, candy sticks, ice-cream sticks, polystyrene (thermocol) plates, cups, g...

CAIT (Kashmir province) holds meeting with district traders

Business
Srinagar: The recently nominated working body of the Kashmir province of the Confederation of All India Traders (CAIT), which is the apex body of the trade community in the country, held a meeting with traders from different districts of the valley. In a handout, the CAIT (Kashmir province) said: “The meeting held on June 26 discussed the stress situation of the markets in the valley and how to revive it with regard to all districts from Kulgam to Kupwara.” “The issues of financial institutions like banks, service taxes and awareness on GST were also discussed threadbare at the maiden meeting and all such issues will remain at the priority whenever any meetings are held with the administration,” the handout added. It’s pertinent to mention that the CAIT is apex body of traders in the count...

ADDC Shopian holds meeting with Traders Association

Business
Listens to their demands; assures action SHOPIAN: The Additional District Development Commissioner (ADDC) Shopian, Manzoor Hussain today held a meeting with a delegation of Traders Association Shopian, here. The delegation headed by Ghulam Nabi Turray raised several issues before the ADDC including beautification of the town, more washroom facilities in the town, more Snow Cutters for winters, better drainage system near IMGDC Shopian, repairs of lanes and bylanes, etc. They also highlighted other developmental issues like upgrading pathways for pedestrians. The delegation appreciated and thanked the District Administration Shopian for providing potable drinking water and uninterrupted power supply to the inhabitants of their respective areas of the district. The ADDC gave a patient hearin...

7 day NAHEP sponsored training concludes

Business
Srinagar: A Seven days National Agricultural Higher Education Project (NAHEP) sponsored training concluded at Faculty of Agriculture (FOA), SKUAST-K, Wadura. A NAHEP sponsored training programme was organised by Mountain Research Centre for Field Crops (MRCFC), SKUAST- Kashmir at FOA, Wadura on Skilling Students in Production and Protection Technology of Field Crops from 20-27, June 2022 for PG students. The training was organised with the twin objective of revising the basics and introducing the latest state of art in Plant Breeding, Agronomy and Plant Protection of field crops particularly rice, wheat, maize, rapeseed and pulses to the PG students of the Faculty. In the valedictory session of the training programme Prof. Sarfaraz A. Wani, Director Research SKAUST-Kashmir impressed upon t...

SKUAST-Jammu holds 35th Board of Management Meeting

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Awareness, motivational training, secondary agriculture key to prosperity: Atal Dulloo JAMMU: Sher-e-Kashmir University of Agricultural Sciences and Technology (SKUAST-Jammu) today held its 35th Board of Management Meeting (BoM) here at university’s main campus under the chairmanship of Vice Chancellor, Prof. J.P. Sharma. At the outset, the Chairman, of the BoM, SKUAST-Jammu highlighted various initiatives taken by the University in Academic, Research and Extension. Prof. Sharma also talked about the salient achievements of the University viz Vice Chancellor to Village Programme, release of 21 crop varieties, sanctioning of three new faculties which include Faculty of Horticulture and Forestry, Faculty of Agricultural Engineering, and Faculty of Dairy Technology, commencement of degree pro...

Dr Samoon chairs 16th governing body meeting of FCI

Business
SRINAGAR: Principal Secretary Skill Development Department, Dr Asgar Hassan Samoon today chaired 16th meeting of Governing body of Food Craft Institute (FCI) (Society) Jammu at Civil Secretariat here. The meeting was attended by Director Skill Development Department, Managing Director JKTDC, Principal Institute of Hotel Management Srinagar. Principal FCI, Jammu, President, Hotel & Lodges Association Katra, President, Hotel and Lodge Association Jammu and other officers from Jammu attended the meeting through video conferencing. While deliberating on agenda points it was decided that the Food Craft Institute, Jammu, which is the premium institute for conduct of courses in the fields of Hotel Management shall be upgraded to the level of Institute of Hotel Management. This will enable the...

CAIT opens Kashmir office, nominates office bearers

Business
Srinagar: The Confederation of All India Traders or CAIT -the apex trade body in the country has opened its Kashmir office here nominating some prominent traders as its office bearers. A spokesman said, the Kashmir chapter of the CAIT is being headed by Omar Mukhtar Bhat as the President, Pir Imtiyaz as Senior Vice President, Treasurer Farhat Koul, Chief Advisor Fayaz Khan, Joint Secretary Wasim Khan and Farhan Kitab as General Secretary. The office bearers of the CAIT in Kashmir said they will work for the cause of the shopkeeper community and will also launch awareness campaigns on issues related to trade especially tax and service charges for smooth functioning of the business activities. “Revival of trade sector and issues related to financial institutions are long pending. We’ll take ...

DC Kathua reviews minor mineral Mining scenario at DLTF meeting

Business
KATHUA: Deputy Commissioner Kathua, Rahul Pandey today convened a meeting of concerned officers to discuss and review the status of minor mineral mining in the District here at a meeting of Multi Departmental District Level Task Force for Geology and Mining. The meeting was attended by SSP Kathua, ADC Kathua, DMO Kathua, XEN Irrigation, XEN Flood Control, Range Forest Officer Lakhanpur and other concerned officers. At the Outset, District Mineral Officer Rajinder Singh Rana gave a detailed PowerPoint presentation and apprised the meeting about the latest status of the minor mineral blocks. Giving details, he informed that a total of 25 mineral blocks have been e-auctioned, 03 were rejected, 09 are operational and 10 are awaiting environmental clearance from JKEIAA. The Deputy Commissioner,...

Power tariff hike in Kerala after 3 years

Business
Thiruvananthapuram: The Kerala State Electricity Regulatory Commission on Saturday announced 6.6 per cent hike in power tariffs in the state. Revising the power tariff after three years, the Commission, however, said there would be no increase in tariff for the weaker sections, agricultural consumers, small scale industries and small farmers. State Electricity Minister K Krishnankutty said the commission revised the power tariff without incurring huge liabilities to the people. “The last increase in electricity tariff was on July 8, 2019. Since then, the wholesale price index has risen by 19 per cent in the last three years, while electricity tariffs have increased by only 6.6 per cent,” the minister said in a statement. —PTI   Press Trust of Indiakashmirreader.com