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BRO achieves breakthrough of Kandi tunnel on Jmu-Poonch hwy

editor October 26, 2023

JAMMU: According to a defence official, the Border Roads Organisation made progress on the 260-meter Kandi tunnel on the Jammu-Poonch national highway on Wednesday. According to the spokesperson, despite challenging weather conditions such as heavy rainfall and landslides over the whole road stretch, the tunnel work, which started in March, has made exceptional progress. According to him, the first of the four tunnels has made progress towards its breakthrough, marking an important turning point in the ongoing "project Sampark" on the NH 144A Akhnoor-Poonch highway. It arrived ahead of schedule, showcasing the extraordinary know-how and tenacity of the BRO.According to the spokesman, the important project has been broken up into eight packages, and the BRO is significantly improving the road's vertical and horizontal profiles. Brigadier Tejpal Singh, Chief Engineer, Project Sampark, was present to witness this historic event. "Package 1 should be finished by June of the following year. After construction is finished, the tunnel will shorten the road by 2.5 kilometres, increasing connection and enabling quicker travel between Akhnoor and Poonch, according to the spokesperson. Additionally, he claimed that by facilitating faster and more seamless travel between Jammu and Poonch, this tunnel will be crucial in improving strategic connectivity for the military forces. "The BRO is committed to the timely and successful execution of all projects undertaken, and this achievement is a testament to its dedication to improving transport infrastructure and serving the nation," a spokeswoman stated. [caption id="attachment_4474" align="alignnone" width="300"] BRO achieves breakthrough of Kandi tunnel on Jmu-Poonch hwy[/caption]

Business header National

India poised to become third largest economy by 2030: S&P report

editor October 25, 2023

New Delhi October 25 : While global economic growth faced stagnation for the second consecutive month in September, India continued to shine as a beacon of economic resilience, expanding at one of the strongest rates…

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BYJU’s CFO Ajay Goel quits after audit, Golani gets additional charge of India CFO

editor October 24, 2023

NEW DELHI: Ajay Goel, the Chief Financial Officer of Edtech startup BYJU'S, has left the company and is going back to Vedanta after concluding the financial year 2022 audit process, the company announced in a statement on Tuesday. The edtech firm has brought in seasoned businessman Pradip Kanakia as a senior advisor, and President (Finance) Nitin Golani has been granted more authority as the Chief Financial Officer (CFO) of India to manage the company's financial operations. "I appreciate BYJU'S founders and colleagues helping me put together the FY'22 audit in just three months. During my brief but significant tenure at BYJU'S, I am grateful for the support I received," Goel stated.According to the statement, he will move on after the financial year (FY) 2022 audit procedures are over. Sources claim that because Goel's departure was still being processed, the company's scheduled board meeting to approve the outcome in the second week of October could not proceed. The company's audit process will be materially impacted by the CFO's resignation, therefore even if Goel's audit is complete, the auditor BDO (MSKA & Associates) will sign off on the audit after conducting due diligence. Following the completion of the procedure by BDO (MSKA & Associates), the FY 2022 result will be presented to the board of BYJU for adoption, the source stated.After working for the company for six months, Goel has resigned. In the first week of April, BYJU's announced his hiring as Group CFO; however, as a result of internal reorganisation, he was tasked with overseeing finance at the Indian level. Deloitte, BYJU's auditor, quit in June, two months after Goel joined the company, alleging a delay in the completion of the financial accounts for FY 2022. Deloitte Haskins and Sells announced in a letter to the board of Byju that it is leaving its position as Think & Learn's auditor three years before its contract expires because of a protracted delay in the edtech company's financial statement for the fiscal year ending March 31, 2022.Following the resignation of Deloitte Haskins and Sells, the company named BDO (MSKA & Associates) as its auditor. Kankia, a senior advisor at BYJU'S, has over 35 years of expertise, having held executive roles at Price Waterhouse and KPMG. Prior to moving into an operational role at Aakash following the acquisition by Byju for USD 1 billion in 2021, Golani served as Chief Strategy Officer at Aakash Education.He started his career with Grant Thornton Bharat and has since held positions at Accenture Strategy and MetLife. Byju Raveendran and Divya Gokulnath, the founders of BYJU, praised Goel for his work as CFO and showed faith in the new group. Golani declared he will assume the new position with a committed group of people. [caption id="attachment_4411" align="alignnone" width="300"] BYJU's CFO Ajay Goel quits after audit, Golani gets additional charge of India CFO[/caption]

Business header National Political

Coop Export Body NCEL Gets Rs 7,000 Cr Orders So Far; To Share Profit With Member Farmers: Shah

editor October 23, 2023

New Delhi, Oct 23: The recently formed National Cooperative for Exports Ltd (NCEL) has received orders of Rs 7,000 crore thus far, according to a statement made by Cooperation Minister Amit Shah on Monday. In addition to ensuring that the benefits of exports reach cooperative members, Shah announced the introduction of NCEL's new website and logo here. The cooperative will also share with these farmers approximately 50% of the export profit that exceeds the minimum support price.NCEL is now running its operations out of a makeshift office. We are hiring new employees. "NCEL has received orders totaling Rs 7,000 crore thus far," the minister stated at a national symposium. NCEL will support farmers in producing goods for the export market in addition to concentrating on increasing export revenue. According to him, it will also split profits with cooperative members who are farmers. At the MSP, NCEL will buy the goods that member farmers want to export. About half of the total earnings made by the NCEL from the exports will be deposited straight into the bank accounts of participating farmers. He stated that the profit will exceed the MSP.Five NCEL members received membership certificates from Shah during the symposium held at this Pusa site. Speaking at the event, Union Commerce Minister Piyush Goyal predicted that the establishment of NCEL will boost exports and support national development and rural transformation. As India is becoming more and more sought for on the international stage, the cooperative sector may take advantage of this opportunity, he said.The minister went on to say that the cooperatives should concentrate on producing high-quality goods that meet international criteria for the export market. Attendees included NCEL chief Pankaj Kumar Bansal, Cooperation Secretary Gyanesh Kumar, and Minister of State for Cooperation B L Verma. The Multi-State Co-operative Societies Act was used to register NCEL on January 25 of this year. It has an allowed share capital of Rs 2,000 crore, and cooperative societies engaged in exporting from primary to apex are able to join as members.It seeks to reach larger markets outside of India's borders in order to concentrate on exporting the excess that the country's cooperative sector has to offer. With approximately 29 crore members, there are over 8 lakh cooperative societies in the nation. [caption id="attachment_4371" align="alignnone" width="300"] Coop Export Body NCEL Gets Rs 7,000 Cr Orders So Far; To Share…

Breaking News Business header Jammu and Kashmir National Political

Winter Tourism: Dr. Syed Sehrish DC Baramulla conducts late Night visit of Tangmarg

editor October 23, 2023

BARAMULLA: The Deputy Commissioner (DC) of Baramulla, Dr. Syed Sehrish Asgar, made a late-night visit to Tangmarg today to identify additional parking space for the convenience of visitors and the general public. The purpose of this visit was to regulate and ensure additional parking facilities for the upcoming winter season in the tourist resort Gulmarg. Dr. Sehrish pointed out four excellent locations during the tour, and she gave SDM instructions to develop a comprehensive strategy for using the locations for parking facilities. The DC said at the time that the long-standing requests from the public for parking facilities have been tracked and will soon be fulfilled in order to guarantee Tangmarg has enough and more parking spaces.In addition to taking action to stop the annoyance of improper parking and roadside encroachments, the DC asked for concerted efforts to optimise and streamline the traffic system in the highly crowded area, highlighting the tourism aspects. During their interactions with members of various trade associations, the DC requested that they work with the Administration to ensure efficient traffic regulation in the city, especially on busy and congested roads in order to alleviate traffic bottlenecks. While this was going on, the DC and I talked about a number of other challenges impeding the area's general development, and during that conversation, the relevant officers received the required directives for their prompt resolution. Sub Divisional Megistrate Tangmarg, Executive Officer, MC Tangmarg, and other relevant officials accompanied the DC. [caption id="attachment_4344" align="alignnone" width="300"] Winter Tourism: Dr. Syed Sehrish DC Baramulla conducts late Night visit of Tangmarg[/caption]

Breaking News Business header Jammu and Kashmir National Political

Folk Festival-cum-Cultural Bonanza held at Bahu Plaza Jammu

editor October 22, 2023

JAMMU: Under the direction of Dr. Syed Abid Rasheed Shah, Secretary of Tourism, J&K, the Directorate of Tourism, Jammu organised a spectacular Folk Festival Cum Cultural Bonanza at Central Park, Bahu Plaza, Jammu. The principal guest of the event, Divisional Commissioner Jammu, Ramesh Kumar, praised the Tourism Department for the flawless planning of the grand event.He greeted everyone with heartfelt Navratra wishes, highlighting the cultural significance of this auspicious festival within the vivid fabric of Jammu. There was a soul-satisfying Ganesh Vandana performance and traditional welcomes paired to the rhythmic beats of dhols, creating a joyful ambiance throughout the auditorium.Vivekanand Rai, Director of Tourism in Jammu, stressed the importance of occasions such as these, which offer a platform for cross-cultural exchange and strengthen ties of fraternity, solidarity, and social peace. The department's unwavering commitment to increasing public engagement and bringing attention to underutilised skills was highlighted by Sunaina Sharma Mehta, Joint Director of Tourism. She further emphasised that Navratra celebrations this year went beyond Katra to include Jammu, Samba, Udhampur, and Kathua, where the magnificent Basohli Utsav was the main event. A number of acts were featured at the occasion, such as Ganesh Vandana and Mata ki Bhaint.The Open MIC platform gave the region's budding artists a platform to showcase their profusion of talent by entertaining the crowd with songs and dance routines. A stunning performance of the Kud dance, a traditional Dogri folk dance, captivated the crowd and was the festival's high point. High-spirited Dandiya-Garba performances were given in the evening by local performers such as Saras Bharti, Sonali Dogra, Ravi Raghuvanshi, Sourav Shivalaya, and artists from Tanseen Sangeet Vidayala. The joyful ambiance of the mixed rhythms of Kud and Dandiya beats set the tone for the Navratra celebrations, and the eager crowd joined in. The tourism department also celebrated the winners of the My Favourite Tourist Destination of Jammu Division online competition. The competition drew a large number of participants, demonstrating the department's dedication to educating the public and promoting lesser-known tourist attractions in the Jammu region. Travel aficionados were treated to a visual feast with an LED screen exhibiting Jammu's tourism destinations during the event. Attendees included Captain Anil Gour, President of the Travels Association of Jammu, Rajendar Sharma, General Secretary of TAAJ, Sanjay Gupta, Dalbir Sharma, Executive members, and Amit Sharma, Joint Commissioner of GST, Abdul Jabbar, Deputy Director of Tourism (Publicity), Neha Mahajan, Deputy Director Planning, Sugandhi Banotra, Assistant Director of Tourism in Jammu, and Arif Lone, Assistant Director of Tourism NHW Batote/Katra. [caption id="attachment_4313" align="alignnone" width="300"] Folk Festival-cum-Cultural Bonanza held at Bahu Plaza Jammu[/caption]

Business header Jammu and Kashmir National Political

DC Srinagar inspects progress of works of SDH Hazratbal, Multi-Level Car Parking Hazratbal,Additional Block of JLNM Hospital

editor October 22, 2023

SRINAGAR: The 50-bed Sub District Hospital in Hazratbal, the multi-level car parking complex in Hazratbal, the additional block of the JLNM Hospital Rainawari, and other development projects in the district were among the major developmental projects that the Deputy Commissioner (DC) of Srinagar, Muhammad Aijaz Asad, visited on Saturday. The Chief Planning Officer of Srinagar, the Superintending Engineer of R&B, the Block Medical Officer of Hazratbal, the Executive Engineers of R&B, the Officers of the JKPCC, the JK Housing Board, and other relevant parties joined the Deputy Commissioner during the visit. The Deputy Commissioner was informed during his inspection of the status of the 50-bed Sub District Hospital Project at Hazratbal that the first phase of the project's construction on the plinth and basement is ongoing at a cost of Rs 14.73 Crore. On this particular occasion, the DC requested that the executing agency responsible quicken the pace of work on the famous project in order to guarantee its timely completion and benefit the enormous population in and around the Hazratbal districts. In a similar vein, the DC examined the G+3Multi-Level Car Parking building project, which is expected to cost Rs 11.32 crore and is being carried out close to Hazratbal Shrine. During the event, the DC was notified that more than 90% of the construction work for the Multi-Level parking project, which can hold 164 cars across four stories, has been finished. During their interactions with the officers of the relevant executing agency, the DC emphasised the need for them to move quickly on the remaining portion of the project in order to guarantee that the facility is utilised for the benefit of the public. Afterwards, the DC also went to JLNM Hospital Rainawari to see the ongoing building of a new hospital block, which is being funded by the JK Housing Board and is expected to cost Rs 27.66 crore. On this particular occasion, the DC was informed about the current state of the building work by the Medical Superintendent and Deputy Medical Superintendent. The DC asked the people in charge of the site to expedite the work and guarantee the project's timely completion. Additionally, the DC requested that the hospital administration guarantee improved patient care. [caption id="attachment_4300" align="alignnone" width="300"] DC Srinagar inspects progress of works of SDH Hazratbal, Multi-Level Car Parking Hazratbal,Additional Block of JLNM Hospital[/caption]

Business header Jammu and Kashmir National Political

DC Rajouri inspects RDD works in Block Pangrain

editor October 22, 2023

RAJOURI: The Deputy Commissioner Rajouri, Vikas Kundal, examined the work being done by the Rural Development Department in block Pangrain today with the intention of evaluating the status of various developmental projects and guaranteeing their efficient execution for the benefit of the rural populace. The Deputy Commissioner examined a number of projects, one of which was the Panchayat Thandikassi segregation shed, which is expected to improve waste management techniques in the area. He also examined the protection work's completion, which represents an important step in defending the area's infrastructure from any threats. The B2V road, a vital conduit for connectivity, and the plastic waste treatment unit, a significant step towards environmentally sound practises, were both included in the inspection.During the visit, the Deputy Commissioner expressed satisfaction with the progress made and praised the teamwork of the officers and authorities involved in the works. The speaker underscored the significance of operating with increased fervour and embracing a mission-driven methodology in order to fulfil the high standards held by the rural populace. The CPO Mohammad Khurshid, ACD Vijay Kumar, XEN REW Zahir Khan, and BDO Pangrain, who offered insightful commentary and specialised knowledge throughout the visit, accompanied the Deputy Commissioner. During his visit to the Government Middle School in Katarmal, the Deputy Commissioner demonstrated the administration's dedication to education and creating a positive learning atmosphere for the children. The purpose of the school premises inspection was to find any possible areas for improvement and make sure the pupils' educational needs are being addressed. [caption id="attachment_4297" align="alignnone" width="300"] DC Rajouri inspects RDD works in Block Pangrain[/caption]

Business header Jammu and Kashmir National Political

DDC calls for efficient delivery under HADP

editor October 22, 2023

JAMMU: Given that India's agriculture is a significant economic sector, it is important that we make coordinated efforts to advance it. In today's meeting to assess the district's performance of the Holistic Agriculture Development Programme, Sachin Kumar Vaishya, the district development commissioner, emphasised the value of agriculture in India. During the discussion, the DDC emphasised that in order to enhance the lives of families who depend on agriculture, officials must carefully implement sector-specific programmes. He underlined that benefits under the HADP and other government programmes should be distributed fairly. Representatives from the departments of horticulture, fisheries, sheep husbandry, and animal husbandry gave information on the state of the programmes pertaining to their respective disciplines.The Animal Husbandry department covered the topics of subsidies, operational difficulties, and the approval procedures for programmes such as the Nationwide Artificial Insemination Programme and the Integrated Dairy Development Scheme in relation to the livestock and poultry industries. The department of Sheep Husbandry talked about programmes including Pashu Sakhi, MAITRI, Rashtriya Gokul Mission, National Animal Disease Control Programme, and Integrated Poultry Development Programme. The DDC recommended promoting Pashu Sakhi and giving women priority when it comes to benefits. He also emphasised the importance of making sure that government programmes benefit the most worthy individuals.The production of mutton, wool, and pelt, as well as processing and assistance for Farmers Producer Organisations and Self Help Groups, were also discussed during the meeting. Initiatives including the Mini Feed Mill, Bio Floc Unit, Backyard Mini Recirculating Aquaculture System, and Carp Unit Construction were discussed by the Fisheries department. The gathering also had the Pradhan Mantri Matsya Sampada Yojana as a major focal point. Information regarding polyhouses, root stock banks, farm mechanisation, automation, and other topics was presented by the horticulture department. The construction of rearing homes by the Sericulture department was also discussed at the conference. Yoginder Katoch, the chief planning officer, and representatives from the relevant departments attended the meeting. [caption id="attachment_4293" align="alignnone" width="300"] DDC calls for efficient delivery under HADP[/caption]

Business header National Political

PM Flags Off First Train Of Delhi-Meerut RRTS Service, Takes Ride In ‘Namo Bharat’ Train

editor October 20, 2023

SAHIBABAD Oct 20: On Friday, Prime Minister Narendra Modi rode aboard a "Namo Bharat" train that was operating on the 17-kilometer priority segment of the nation's first Regional Rapid Transit System (RRTS) track. To commemorate the opening of the RRTS in India, Modi waved the green flag to the train that ran between the Sahibabad and Duhai Depot stations. Trains operating in this corridor have a 180 kmph top speed. At the RRTS station at Sahibabad, the prime minister unveiled a plaque to officially launch the priority section.According to a top National Capital Region Transport Corporation (NCRTC) official, he also became the first individual to purchase a smart card utilising the UPI payment method in order to enter the concourse. An exhibition was also shown to Prime Minister Modi at the station. Following the flag-off of the first "Namo Bharat" train, Modi got on a train in Sahibabad and proceeded to travel by corridor. He had conversations with the train's crew and a few students while travelling. The NCRTC official stated, "During the flag off, many students from various Ghaziabad schools were present on the platform, and some other school students were present in the train which the prime minister boarded."There are five stations in the priority section between Sahibabad and Duhai Depot: Ghaziabad, Guldhar, Sahibabad, and Duhai Depot. The section of the main corridor that leads from Duhai to Duhai Depot is called a spur. According to the official, Prime Minister Modi rode the priority section from Sahibabad to Guldhar and then returned to Sahibabad station, where he got off. When the Delhi-Ghaziabad-Meerut RRTS corridor is finished, the distance between Delhi and Meerut will be somewhat less than one hour.At the opening ceremony of the Sahibabad station were Union Minister for Housing and Urban Affairs Hardeep Singh Puri, Chief Minister Yogi Adityanath, and Governor Anandiben Patel of Uttar Pradesh. October 21 will see the opening of India's first semi-high-speed regional rail service. The trains will include numerous passenger amenities and high-tech features. According to earlier statements from NCRTC officials, the services will start at 6 a.m. and last until 11 p.m.Constructed for the NCRTC's semi-high-speed regional rail service, the RRTS corridor is a collaborative effort between the Central government and the governments of Delhi, Haryana, Rajasthan, and Uttar Pradesh. The first RRTS in India will be built between Delhi and Meerut, and its development will be managed by the NCRTC. By June 2025, the full 82.15 km Delhi-Ghaziabad-Meerut RRTS is expected to be operational. Prime Minister Modi lay the foundation stone for the Delhi-Ghaziabad-Meerut corridor on March 8, 2019.The RRTS project is being built in accordance with his goal to improve regional connections in the nation through the creation of new, world-class transport infrastructure, the Prime Minister's Office (PMO) had stated in a statement on Wednesday. With a 180 kmph design speed, the RRTS is a brand-new, high-frequency, semi-high-speed rail-based commuter transport system. The PMO had stated that the Delhi-Ghaziabad-Meerut corridor, which is being created at a cost of more than Rs 30,000 crore, will connect Delhi to Meerut in less than an hour by passing via the urban hubs of Ghaziabad, Muradnagar, and Modinagar.On the eve of the RRTS's opening, Union Minister Hardeep Singh Puri declared that the trains will be dubbed "Namo Bharat." The NCRTC dubbed RRTS trains "RAPIDX" in April, with the goal of revolutionising transit in the area. [caption id="attachment_4229" align="alignnone" width="300"] PM Flags Off First Train Of Delhi-Meerut RRTS Service,…

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