Mukeet Akmali

Jammu

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Articles

JK Cement buys 60% stake in Kashmir-based Saifco cement for Rs 174 Crore

2 months ago | greaterkashmir.com | Mukeet Akmali

Srinagar, Jan 26: JK Cement has dramatically expanded its strategic footprint, signing a landmark deal to acquire a majority stake in Saifco Cements, a calculated move to penetrate the Jammu and Kashmir regional market. JK Cement Limited has announced the acquisition of a 60% equity stake in Saifco Cement Private Limited. This acquisition, valued at approximately Rs 174 Crore, was approved during the board meeting held on January 25.
How JKP turned tide against drug peddlers

Jan 24, 2025 | greaterkashmir.com | Mukeet Akmali

Srinagar, Jan 24: In a significant leap forward in the battle against drug trafficking, the Jammu and Kashmir Police, alongside various law enforcement agencies, reported a remarkable rise in the conviction rate of drug peddlers. This rate has soared to 54 percent in 2024, a substantial increase from just 23 percent in 2022. As per official figures accessed by Greater Kashmir, ANTF has conducted training for 2,737 officers in total, across the 20 districts.
Gold Hits `83,000: Demand in Kashmir crumbles as prices soar

Jan 24, 2025 | greaterkashmir.com | Mukeet Akmali

Srinagar, Jan 24: Gold prices in India continued their relentless climb, reaching a record Rs 83,000 per 10 grams in the national capital on Friday, marking the eighth consecutive session of increases. This surge, driven by global market uncertainties, has left many consumers and jewellers in Kashmir grappling with the harsh realities of soaring costs. In Kashmir, where gold has long symbolised prosperity and cultural heritage, the situation has become dire.
How Batamaloo’s Bus Stand Move Pulled the Plug on Local Trade

Jan 23, 2025 | greaterkashmir.com | Mukeet Akmali

Srinagar, Jan 23: In a community once thrumming with economic vitality, the aftermath of a pivotal decision made over five years ago continues to resonate painfully among Batamaloo’s traders. The relocation of the bus stand to Parimpora has cast a long shadow over the local businesses, much like a heart ripped from its source, leaving the traders struggling to survive in a drastically altered environment.
Silent Stakeholders: J&K’s PSU shake-up leaves locals out in the cold

Jan 23, 2025 | greaterkashmir.com | Mukeet Akmali

Srinagar, Jan 23: A significant controversy has erupted following the recent reconstitution of the Board of Directors for six public sector undertakings (PSUs) in Jammu and Kashmir and the relevant department concerned with handicrafts and industries. The government’s move has been criticised for excluding local stakeholders from the decision-making bodies, which will impact their livelihoods and industries.
J&K targets Rs 10,000 Crore in exports over next 5 years

Jan 21, 2025 | greaterkashmir.com | Mukeet Akmali

Srinagar, Jan 21: The Jammu and Kashmir government has announced a bold initiative to significantly boost exports, setting an ambitious target to reach Rs 10,000 crore over the next five years. This plan was detailed in the newly drafted Export Policy-2024, prepared by the Department of Industries and Commerce, which is currently available for public review.
Breaking Records & Barriers: J&K women’s MSMEs triple in 3 years

Jan 17, 2025 | greaterkashmir.com | Mukeet Akmali

Srinagar, Jan 17: In a remarkable transformation of Jammu and Kashmir’s entrepreneurial landscape, women-led MSME registrations have more than tripled from 13,352 in 2021-22 to 44,708 in 2023-24, with total registrations reaching 82,434 over three years. This unprecedented surge marks a revolutionary shift in a region traditionally known for its rich artistic heritage but historically challenged by limited economic opportunities for women.
Fae’rie: Kashmir’s iconic smoked fish delicacy faces uncertain future

Jan 16, 2025 | greaterkashmir.com | Mukeet Akmali

Srinagar, Jan 16: In Kashmir, where frost-laden mornings paint landscapes in white, an ancient culinary practice is keeping winter spirits high. As temperatures plummet and the Dal Lake shivers under winter’s grip, ‘Fae’rie or Pha’rie’ – Kashmir’s traditional smoked fish – emerges as more than just sustenance; it’s a testament to centuries of culinary ingenuity. Each dawn, fishermen like Muhammad Ramzan, wrapped in traditional pheran, brave the biting cold at Anchar Lake in Soura.
J&K sets the ball rolling for construction of Unity Malls in J&K

Jan 16, 2025 | greaterkashmir.com | Mukeet Akmali

Srinagar, Jan 16: Taking a significant stride toward establishing Unity Malls, the Jammu and Kashmir Government has initiated the construction process by appointing dedicated nodal officers for both divisions of the Union Territory. In a formal order, the Commissioner Secretary Industries and Commerce announced the appointment of two senior officials as nodal officers.
Kashmir's leather artisans fight for survival

Jan 14, 2025 | greaterkashmir.com | Mukeet Akmali

Srinagar, Jan 14: The once-thriving leather industry of Kashmir is facing a severe crisis as local artisans grapple with dwindling demand and fierce competition from Chinese and other foreign imports. As traditional craftsmanship struggles to keep pace with cheaper alternatives, the livelihoods of many local artisans hang in the balance. Ghulam Nabi Bhat, a seasoned leatherworker, lamented, “We are losing our market to foreign goods that are not only cheaper but also made from inferior materials.