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Even though the JK Bank, the key builder of the Jammu and Kashmir economy managed a good profit on basis of its clean balance sheet, capital infusion and the impressive emotional investment of its staff despite adverse working conditions, the overall banking sector performance is not as impressive as it might appear, reports Masood Hussain JK Bank Headquarters in Srinagar The Jammu and Kashmir Bank stock has been an impressive performer lately after many years. After the bank declared its results and pocketed a profit of Rs 432.13 crore in 2020-21 – Rs 315.75 crore of it in the last quarter (January – March 2021) only, its shares were on a bull run. This has been the highest ever profit the bank posted since March 2014. ....
Haseeb A Drabu , asserting that the undoing of half capital status will help the City of Srinagar revive its inherent strengths Lt Governor Manoj Sinha visits Civil Secretariat as Darbar resumes full functioning at Jammu in the first week of November 2020. Pic: DIPR In the days gone by, a widely prevalent social tradition in Jammu was to bid a joyous farewell to the dead who had two generations of progeny. It was seen as a good fortune to have died after having grandchildren. Often one would see funeral processions humming “ mar gayajee mar gay, poatay wala mar gaye! The demise of the ....
Khalid Bashir Gura SRINAGAR: In a video gone viral, BJPs Mayor of Jammu, Chander Mohan Gupta is seen asserting and predicting that by 2031-32 the city of Jammu will witness the first snowfall and eventually the UT of Jammu and Kashmir will become the Switzerland of the world. An aerial view of the Wazarat road, Jammu. KL Image: Masood Hussain The video has made Gupta instantly famous on social media. “Post 370 abrogation, Jammu Mayor says, Jammu will be getting snowfall soon, Waw!” journalist Bashir Manzar tweeted. “Am planning to sell electric blankets, bukharis and heaters there. And Kangris too.” It is the afforestation drive in the Jammu city which has made the father of the city optimistic about snowfall in sultry Jammu in the next decade. “There is so much of plantation that we are witnessing frequent rains, and very soon, that day is not far when there will be snowfall in Jammu city also by 2031,” he said in an interview with a Hindi Ne ....
Masood Hussain SRINAGAR: With volunteers and officials making to the ill-fated Honzer village on foot Wednesday afternoon, the real situation has emerged about the tragedy that has killed around 27 people. So far seven bodies have been retrieved along with five injured as 19 residents are still missing. Funeral prayers being offered to one of the seven residents of Honzar Dacchan who was killed in a cloudburst on July 28, 2021. Picture by Ababeel The tragedy did not occur during the wee hours on Wednesday. It took place at around 8:30 am when a lot of youngsters from the village had gone to the cluster that lives on the banks of the stream. ....