Asia

J&K: Kashmir valley celebrates International Mountain Day 2020
23Dec mmBy Joe RodriguezNo Comments
Asia

J&K: Kashmir valley celebrates International Mountain Day 2020

The International Mountain Day 2020 was celebrated with great fervour by adventure lovers in the Kashmir valley with the main function organised by the Directorate of Tourism, Kashmir at TRC, Srinagar.IPS officer Aparna Kumar, the first woman IPS officer to complete “Seven Summits” challenge, was present as the chief guest on the occasion.Aparna Kumar was left impressed by the presence of large number of girls amongst the participants and said that adventure knows no gender. “If one has the passion and will, nothing is impossible,” she said.She also exhorted on preserving mountain biodiversity by practicing sustainable tourism and adventure tourism activities.Director Tourism, Nisar Ahmad Wani said that besides other tourism products, adventure tourism in Kashmir has immense potential for ...
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J&K: IIP Mumbai conducts workshop on customized packaging to boost export
23Dec mmBy Joe RodriguezNo Comments
Asia, Market

J&K: IIP Mumbai conducts workshop on customized packaging to boost export

In order to boost global exports of famed handicrafts and handloom products from the Indian union territory of Jammu and Kashmir (J&K), the Indian Institute of Packaging (IIP), Mumbai, in collaboration with Handicrafts and Handloom Department, Kashmir, conducted a workshop with craft entrepreneurs on customized packaging.The workshop laid emphasis on standard packaging of various Kashmir-based craft products like Pashmina and Kani Shawls, Papier Mache, Walnut Wood Carving, Carpets, Sozni, Crewel and Chain-Stitch embroidery for stimulation of customer interest in the national and international markets.Director, Ministry of Commerce, Praveen Kumar; Director, IIP Mumbai, Tanweer Alam; Director, Industries, Kashmir, Mahmood Ahmad Shah; Director, Handicrafts & Handloom, Kashmir, Mussara...
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Need to develop, promote children’s literature in mother-tongue: Kashmiri scholar
22Dec mmBy Joe RodriguezNo Comments
Asia

Need to develop, promote children’s literature in mother-tongue: Kashmiri scholar

At a book release function organized by the University of Kashmir, renowned Kashmiri scholar and writer Prof Shafi Shauq said that developing genuine children’s literature in their mother-tongue is one of the important ways to promote the language and help youngsters to stay rooted to their culture.However, Prof Shauq cautioned that objectivity and description must not be compromised while creating such literature.Two books titled ‘Achre Moth’—a collection of critical essays—and ‘Jiger Khante’—a collection of rhymes and poems for children—were released on the occasion. Both are authored by noted Kashmiri writer, Showket Ansari.Prof Shafi Shauq was the chief guest on the occasion, while Prof Gulshan Majeed presided over the function, organised by the varsity’s Department of Kashmiri in coll...
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J&K: Unanimous HC lifts the cup at Shopian hockey championship
22Dec mmBy Joe RodriguezNo Comments
Asia

J&K: Unanimous HC lifts the cup at Shopian hockey championship

In the Shopian district of the Indian union territory of Jammu and Kashmir, the District Hockey Championship concluded with Unanimous HC defeating Shopian HC by 2-0.The first goal was secured by Abid Hussain by beating the goal keeper in a close range, whereas in second half of the game, it was Rahil Gulzur who secured penalty corner for his team and won the match by 2-0 goals.Man of Match was awarded to Abid Hussain for his outstanding play in the game while Man of the Series was given to Khalid Bashir who secured five goals during the tournament.On the occasion joint secretary J&K Hockey RGN Wani and vice president J&K Hockey Syed Talib, who were guests on the occasion distributed prizes among the winners. The tournament was organized by J&K Hockey.
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Up to 1 billion people in Asia to face lethal heatwave conditions by 2050 due to climate change: Report
20Dec By Desk TeamNo Comments
Asia, China, Singapore, World

Up to 1 billion people in Asia to face lethal heatwave conditions by 2050 due to climate change: Report

BANGKOK: Up to 1 billion people in Asia could live in areas experiencing lethal heatwaves by 2050 as a result of worsening climate change, according to a new report by consulting firm McKinsey Global Institute (MGI). The modelling in the report outlines that severe heat is just one of the major risks forecast for the continent under RCP8.5, a worst-case scenario situation that could result without collective action to reduce carbon emissions. Without vastly improved action to reach the goals of the Paris Agreement, Asia is expected to see temperature rises of more than two degrees from pre-industrial levels. While much of the risk lies in subcontinental Asian countries such as India, Bangladesh and Pakistan, Southeast Asia would also face more frequent, dangerous heat conditions, ...
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Union Secretary DPIIT chairs meet regarding registration of manufacturing, service sector units under IDS-2017 of J&K
18Dec mmBy Joe RodriguezNo Comments
Asia

Union Secretary DPIIT chairs meet regarding registration of manufacturing, service sector units under IDS-2017 of J&K

Union Secretary of Indian Department for Promotion of Industry and Internal Trade (DPIIT), Dr Guruprasad Mohapatra recently chaired a meeting of Empowered Committee for consideration of registration of manufacturing and service sector units under Industrial Development Scheme-2017 of Jammu and Kashmir (J&K), Uttarakhand and Himachal Pradesh.Joint secretary DPIIT, Rajinder Ratnoo made a detailed presentation on the subject.Commissioner Secretary Industries & Commerce, J&K Manoj Kumar Dwivedi; Director Industries & Commerce, Jammu, Anoo Malhotra; and Director Industries & Commerce, Kashmir, Mehmood Shah attended the meeting through video conferencing while Director DPIIT, Sampa Saha, officers of DPIIT, concerned officer of J&K, Uttrakhand and Himachal Pradesh particip...
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UAE-India Food Security Summit: Lulu group inks MoU with Fruit Master Agro Fresh J&K
18Dec mmBy Joe RodriguezNo Comments
Asia, Market

UAE-India Food Security Summit: Lulu group inks MoU with Fruit Master Agro Fresh J&K

In a significant development, Jammu and Kashmir’s Fruit Master Agro Fresh and Dubai based Lulu group signed an MoU during the UAE-India Food Security Summit for supply of apple and other fruits for super markets of Lulu group across the Gulf Countries.During B2B sessions in the Summit, a meeting between a delegation from Jammu and Kashmir led by Navin Choudhary, Principal Secretary Agriculture and Horticulture, and top management of Lulu group led by its Chairman and Managing Director, Yousuf Ali, several decisions were taken to promote export of agriculture and horticulture products from the Indian union territory of Jammu and Kashmir to entire gulf region using stores of Lulu group.Group of leading entrepreneurs from Jammu and Kashmir made representation to potential UAE importers where ...
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Singapore revises growth outlook again as Q3 GDP shrinks at slower 5.8% amid COVID-19
18Dec By Desk TeamNo Comments
Asia, China, Market, Singapore, World

Singapore revises growth outlook again as Q3 GDP shrinks at slower 5.8% amid COVID-19

SINGAPORE: The Singapore economy is expected to shrink between 6 per cent and 6.5 per cent this year, said the Ministry of Trade and Industry (MTI) on Monday (Nov 23) in another revision to its 2020 outlook after growth data confirmed a smaller-than-expected contraction in the third quarter. Its previous estimate, announced in August, was for the economy to contract between 5 per cent and 7 per cent amid the blow from the COVID-19 pandemic. Policymakers also offered for the first time a glimpse of their economic forecast for 2021 – a recovery into positive growth territory, with the economy envisaged to expand between 4 per cent and 6 per cent next year partly on the back of a low base. For the third quarter, Singapore’s gross domestic product (GDP) contracted by 5.8 per cent on a y...
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Don’t chase India’s market rally — the good news is ‘already priced in,’ HSBC says
18Dec By Desk TeamNo Comments
Asia, Market, Singapore, World

Don’t chase India’s market rally — the good news is ‘already priced in,’ HSBC says

A pedestrian speaks on a mobile phone as he looks at share prices on a digital broadcast outside the Bombay Stock Exchange (BSE) in Mumbai on November 10, 2020. SINGAPORE — India's markets may have rallied to historic levels, but investors may want to stay away from chasing the rally for now, says HSBC Private Banking, which is currently underweight on India. "Our view at this stage is that a lot of the good news is already priced in to the Indian market as of now," James Cheo, chief market strategist for Southeast Asia at the firm, told CNBC's "Street Signs Asia" on Monday. As of Friday's close, both the Nifty 50 and S&P BSE Sensex sat close to all-time highs that were touched on Nov. 25, according to Refinitiv Eikon. India's markets were closed on Monday for a holiday. The recent ral...
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J&K: Winter sports activities commence at Gulmarg
16Dec mmBy Joe RodriguezNo Comments
Asia

J&K: Winter sports activities commence at Gulmarg

In the Indian union territory of Jammu and Kashmir, Tourism Director of Kashmir, Nisar Ahmad Wani kick started winter sports activities at Gulmarg.With early snow coming as a blessing, tourism stakeholders are upbeat to welcome the tourists and ski enthusiasts this season to Gulmarg.“Early snow has come as a blessing and we are ready to host tourists and winter enthusiasts in Kashmir Valley in general and Gulmarg in particular and today we are officially beginning. The Ski resort is ready and in coming days, many more events will be organized,” said Nisar Ahmad Wani.He said that this season, number of Ski courses for boys and girls are slated to be organized for which large number of applications have already been received.He said initially, four groups from within J&K and two groups f...
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