Kashmir Trade

A decade after a 19.88-carat Kashmir sapphire shattered auction records in Geneva, the potential return of the priceless gems from the strife-torn region to global markets is on the horizon.

Jammu and Kashmir Police on Sunday announced cash rewards ranging from Rs 1 lakh to Rs 12.5 lakh will be given to people who provide information that will lead to tangible action against terrorism and drug trade.

The Income Tax Department unearthed unaccounted income exceeding Rs. 200 crore in search and seizure operations on persons engaged in the business of processing and trading dry fruits in Jammu and Kashmir and Punjab on October 28.

The National Investigation Agency (NIA) on Sunday conducted searches at nine locations in Poonch district in connection with a five-year-old case related to misuse of money generated from cross-LoC trade for fomenting terrorism in Jammu and Kashmir.

About 24 hours after military chiefs from India and Pakistan surprised the world last month with a rare joint commitment to respect a 2003 cease-fire agreement, the top diplomat of the United Arab Emirates popped over to New Delhi for a quick one-day visit.

The Income Tax Department on Wednesday conducted raids against three "prominent" businessmen based in Srinagar and Kupwara in Jammu and Kashmir on charges of tax evasion linked to the cross-border trade with Pakistan, which was suspended by India last year, officials said.

Replying to a question during a panel discussion at the event, he said that India has not put any curbs on imports from either Malaysia or Turkey - which have been critical of the Modi government's decisions on Jammu and Kashmir - nor does it plan to do so.

Kashmir's economy has suffered losses to the tune of Rs 15,000 crore since August 5 when the government scrapped the provisions of Article 370, a commerce body has claimed, saying that this is just a "conservative estimate".

Police arrested two alleged drug peddlers from Jammu and Kashmir's Uri region near the line of control today, and recovered firearms, ammunition and a large quantity of narcotics from their possession.

The economy of Jammu and Kashmir has been in tatters since August following the government's move to end the state's special status and bifurcate it into two union territories, businessmen in the state say. Its top trade body, the Jammu and Kashmir Chamber of Commerce, said since August 5, the state has sustained a loss of business worth around Rs ...

The shutdown in Jammu and Kashmir, after the Centre stripped its special status under Article 370, has led to losses to the tune of Rs 10,000 crore in three months, a trade body has said.

Malaysia is in talks with India and other countries to urge them to continue buying Malaysian palm oil, its trade minister said on Thursday, after calls for a boycott of the commodity by Indian traders.

The trade spat between India, the world's biggest palm buyer, and Malaysia seems to be escalating, with an influential processors' group in Mumbai asking its members to refrain from buying the tropical oil from the second-largest producer. Futures in Kuala Lumpur fell on Tuesday.

Malaysia's Prime Minister Mahathir Mohamad said his government will monitor the trade situation with India, which is reported to be considering trade curbs on the Southeast Asian nation over his criticism of actions in Kashmir, news wire Bernama reported.

Prime Minister Narendra Modi is starting on Friday for a hectic week-long tour of the US that includes two meetings with US President Donald Trump, nearly 20 other bilaterals, and address at the UN General Assembly. India is clear, however, that despite the international focus on Kashmir, it would not be on PM Modi's agenda and any offer of mediati...

A decade after a 19.88-carat Kashmir sapphire shattered auction records in Geneva, the potential return of the priceless gems from the strife-torn region to global markets is on the horizon.

Jammu and Kashmir Police on Sunday announced cash rewards ranging from Rs 1 lakh to Rs 12.5 lakh will be given to people who provide information that will lead to tangible action against terrorism and drug trade.

The Income Tax Department unearthed unaccounted income exceeding Rs. 200 crore in search and seizure operations on persons engaged in the business of processing and trading dry fruits in Jammu and Kashmir and Punjab on October 28.

The National Investigation Agency (NIA) on Sunday conducted searches at nine locations in Poonch district in connection with a five-year-old case related to misuse of money generated from cross-LoC trade for fomenting terrorism in Jammu and Kashmir.

About 24 hours after military chiefs from India and Pakistan surprised the world last month with a rare joint commitment to respect a 2003 cease-fire agreement, the top diplomat of the United Arab Emirates popped over to New Delhi for a quick one-day visit.

The Income Tax Department on Wednesday conducted raids against three "prominent" businessmen based in Srinagar and Kupwara in Jammu and Kashmir on charges of tax evasion linked to the cross-border trade with Pakistan, which was suspended by India last year, officials said.

Replying to a question during a panel discussion at the event, he said that India has not put any curbs on imports from either Malaysia or Turkey - which have been critical of the Modi government's decisions on Jammu and Kashmir - nor does it plan to do so.

Kashmir's economy has suffered losses to the tune of Rs 15,000 crore since August 5 when the government scrapped the provisions of Article 370, a commerce body has claimed, saying that this is just a "conservative estimate".

Police arrested two alleged drug peddlers from Jammu and Kashmir's Uri region near the line of control today, and recovered firearms, ammunition and a large quantity of narcotics from their possession.

The economy of Jammu and Kashmir has been in tatters since August following the government's move to end the state's special status and bifurcate it into two union territories, businessmen in the state say. Its top trade body, the Jammu and Kashmir Chamber of Commerce, said since August 5, the state has sustained a loss of business worth around Rs ...

The shutdown in Jammu and Kashmir, after the Centre stripped its special status under Article 370, has led to losses to the tune of Rs 10,000 crore in three months, a trade body has said.

Malaysia is in talks with India and other countries to urge them to continue buying Malaysian palm oil, its trade minister said on Thursday, after calls for a boycott of the commodity by Indian traders.

The trade spat between India, the world's biggest palm buyer, and Malaysia seems to be escalating, with an influential processors' group in Mumbai asking its members to refrain from buying the tropical oil from the second-largest producer. Futures in Kuala Lumpur fell on Tuesday.

Malaysia's Prime Minister Mahathir Mohamad said his government will monitor the trade situation with India, which is reported to be considering trade curbs on the Southeast Asian nation over his criticism of actions in Kashmir, news wire Bernama reported.

Prime Minister Narendra Modi is starting on Friday for a hectic week-long tour of the US that includes two meetings with US President Donald Trump, nearly 20 other bilaterals, and address at the UN General Assembly. India is clear, however, that despite the international focus on Kashmir, it would not be on PM Modi's agenda and any offer of mediati...