Tag: Eid

  • Eid Shopping: JK Bank Records Rs 564 Cr Transfer During The Day

    Eid Shopping: JK Bank Records Rs 564 Cr Transfer During The Day

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    SRINAGAR: The markets across Kashmir did not exhibit any indication of revival even after the delayed crescent added a day to the Eid shopping in the subcontinent. People remained busy in managing the basics including bread, mutton, vegetables and other foods.

    Jammu and Kashmir Bank that is the custodian of almost two-thirds of deposits in Jammu and Kashmir has made public some basic information about the transactions in their system. Till 5 pm, on April 21, the data suggested Rs 564 crore was transacted through a total of 16.72 lakh transactions. This includes Rs 331.89 crore of transactions using the MPay as the card transactions were at Rs 118.5 crore and UPI transactions at Rs 115.08 crore.

    In the last three days, as already reported, the bank transacted Rs 2510 crore.

    However, the business transactions were not very encouraging. Insiders in the banking sector told TheNewsCaravan that not much of the transactions took place using the POS (point of sale) machines that most of businesses use. During the entire day, one insider said Rs 8.51 crore was transacted in 60232 sales, which is very insignificant given the tradition and practices on the eve of Eid.

    Even the cash that moved out of the banking system during the day was too little – only Rs 89 crore in 177292 crore.

    “Transactions did take place but people avoided spending the money,” one banker said. “People tend to spend as less as possible. Most of the transactions did not result in movement of cash out of the system and the digital transfer in business was too little.”

    In the last three days, the traders thought that the inclement weather was playing the spoilsport but Friday exhibited that while people were out and there were no rains, people avoided markets. Most of the markets remained deserted for the entire day. “Compare the figures of last Eid with this Eid, you will come to understand where the economy is heading,” one senior trader said.

    Market insiders hope that the onset of marriage season may trigger some turnaround.

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    ( With inputs from : kashmirlife.net )

  • Eid Al-Fitr 2023: Where to watch fireworks in Saudi Arabia

    Eid Al-Fitr 2023: Where to watch fireworks in Saudi Arabia

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    Riyadh: The Kingdom of Saudi Arabia’s General Entertainment Authority has determined the locations for the dazzling fireworks display that will light up the sky of 13 cities in the Kingdom during the first day of Eid Al-Fitr, the Saudi Press Agency (SPA) reported.

    The fireworks display, which is part of the activities of the Eid 2023 program, is scheduled to start at 9 pm Saudi time on Friday, April 21.

    Places are

    • Boulevard Riyadh City, Riyadh
    • Jeddah Art Promenade, Jeddah
    • Al-Magwa recreational road, Hail
    • Prince Hussam Park, Al-Baha
    • Tabuk Central Park, Tabuk
    • Public park opposite Al-Othaim Mall, Arar
    • Al-Nahda neighborhood, Najran
    • King Fahd Central Park, Madinah
    • King Abdullah National Park, Buraidah
    • Northern Corniche walk, Jazan
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    #Eid #AlFitr #watch #fireworks #Saudi #Arabia

    ( With inputs from www.siasat.com )

  • Hyderabad: Traffic advisory for Eid Al-Fitr prayers

    Hyderabad: Traffic advisory for Eid Al-Fitr prayers

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    Hyderabad: The traffic police of Hyderabad issued an advisory for Eid ul-Fitr prayers, which will be observed on either Saturday or Sunday, at Mir Alam Eidgah and Hockey Grounds at Masab Tank. Restrictions or diversions will be in effect from 8 am to 11:30 am.

    Mir Alam Tank Idgah:

    The vehicular traffic (Namazees) from Puranapul, Kamatipura and Kishanbagh for prayers, will be permitted through Bahadurpura crossroads from 8 am to 11:30 am.

    General vehicular traffic will be allowed towards Eidgah and will be diverted to Kishanbagh, Kamatipura and Puranapul, among other locations, during the time of prayer.

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    Similarly, general vehicular traffic will be diverted at the Danamma Huts crossroads toward Shastripuram, NS Kunta, and other destinations.

    Vehicles will be diverted towards Kalapather L&O police station towards Mochi Colony, Bahadurpura, Shamsheergunj, and Nawab Saheb Kunta.

    During the entire Eid congregation, heavy four-wheeler vehicles including RTC buses from Puranapul towards Bahadurpura will be directed at Puranapul Darwaza towards Jiyaguda and the city college side until crowds disperse.

    From Shamshabad, Rajendra Nagar and Mailardevpally, vehicles will be directed at Armaghar Junction towards Shamshabad, Rajendra Nagar or Mailardevpally till the congregation disseminates.

    Hockey Ground, Masab Tank:

    At Hockey Ground, Masab Tank, namaz will be offered under the junction flyover. In the meantime, no vehicular traffic will be allowed under the flyover. Traffic will be allowed only for commuting on the flyover from the Mehdipatnam side and Lakdikapul, between 7 am to 10 am.

    Ayodhya Junction, Khairtabad, RTA Office, Khairtabad, Taj Krishna Hotel, and other locations will be used to divert traffic coming from Mehdipatnam toward Road No 1, Banjara Hills via Masab Tank. At Ayodhya Junction, traffic heading toward Nirankari, Khairtabad, VV Statue, Khairtabad RTA Office, and Taj Krishna Hotel will be diverted from Lakdi-ka-pul toward Masab Tank and Road No 1/12 Banjara Hills via Masab Tank.

    Until prayers are over, traffic will not be permitted to travel toward Road No. 1, Banjara Hills, from below the Masab Tank flyover.

    Traffic coming from Road 12 Banjara Hills will not be permitted to travel toward Masab Tank. Vehicles from NFCL Junction, Punjagutta will be diverted to the Taj Krishna Hotel in the direction of Errum Manzil Colony, RTA Khairtabad, Nirankari, Lakdikapool, and Masab Tank flyover, Mehdipatnam.

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    #Hyderabad #Traffic #advisory #Eid #AlFitr #prayers

    ( With inputs from www.siasat.com )

  • Eid Market: Three Days Saw Modest Rs 2500 Cr Expenditure

    Eid Market: Three Days Saw Modest Rs 2500 Cr Expenditure

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    SRINAGAR: With Eid being celebrated on Saturday, the markets are expected to make some good business on Friday, the last day of Ramzan fasting. Markets suffered severely in the last three days because of the downpour.

    In the last three days, Jammu and Kashmir Bank officials said the people withdrew an amount of Rs 2510 crore through 59.72 lakh transactions.  This was despite the fact that the bank’s online operations exhibited a serious crisis, putting its customers at embarrassment in the market.

    Officials said there were 1344650 card transactions – including the ATM card, that saw a withdrawal of Rs 548.18 crore. Besides, there were 21411158 UPI transactions involving the transfer of Rs 355.99 crore. Most of the transfers, however, took place through MPay which saw 2486449 transactions involving Rs 1605 crore.

    Markets sources said the transactions are actually indicating the market mess. “We used to have three times more of this expenditure in the few days ahead of Eid,” one major trader said. “It indicates that people lack enough resources and they are avoiding expenditure.”

    Besides, the markets saw very modest crowds in the last three days, apparently because of the frequent rains and fall in temperature.

    The priority of the people, however, is on purchasing the items of routine requirement, mostly flood. Only a small fraction of people are making purchases in apparel and other things.

    Till evening, it seemed as if it was the last day of Eid. However. The Shawaal crescent was not found anywhere. In Saudi Arabia, the Eid crescent was seen and the region will have Eid on Friday. Indian subcontinent usually celebrates Eid the day after. This day is expected to help markets in making some business.

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    #Eid #Market #Days #Modest #Expenditure

    ( With inputs from : kashmirlife.net )

  • Eid Sales Plunge 50% Amid Record Rainfall, Traders Say

    Eid Sales Plunge 50% Amid Record Rainfall, Traders Say

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    SRINAGAR: Rains drenched valley plains for the third day in a row on Thursday, with traders expressing disappointment over a “50 percent” dip in sales, ahead of Eid-ul-Fitr.

    Mohammad Yaseen Khan, a senior trade leader and chairman of Kashmir Economic Alliance (KEA) – an amalgam of various trade bodies said that the markets were struggling for quite some time now to gain sales momentum, but the rains ahead of Eid festival played a spoilsport.

    “It is just not like that our sales dipped due to rains only; we have been struggling for multiple reasons,” Khan said. “However, we were hopeful of picking up good sales ahead of Eid, but the continuous rainfall adversely impacted our sales.”

    KEA chairman said that ahead of the Eid festival, people mostly buy bakery and mutton products for which rains can hardly hamper people from coming out, but in other areas of the market, it made an effect. “The overall impact it made on sales is around 50 percent,” he added.

    “Clothing, footwear, communication, and other items which used to witness good sales on Eid witnessed sluggish sales due to rains,” he said.

    Mehraj-ud-Din Ahmad, general secretary of All Kashmir Wholesale Mutton Dealers Association said that although the rains did not make any negative impact on their sales, the brief closure of the Srinagar-Jammu national highway impacted the supply of stock.

    “On festivals, be it any situation, people come out to buy mutton,” he said, adding, “Rains did not make any such impact on their sales; however, a brief closure of the highway hampered the supply, and the stock which was scheduled for the day came another day.”

    Bashir Ahmad, who owns a prominent telecommunication showroom in Srinagar, said they were already struggling to stay afloat in the market but that the incessant rainfall for the last few days dampened the market spirit.

    “Rains prevented people from coming out and when there are fewer people in the market, there are fewer sales. Rains played a spoilsport. We were expecting good sales. It is just a helpless situation for us,” he rued.

    1. As officials at the J&K’s weather department have forecast intermittent light to moderate rain at scattered places on April 20 to 22, the intermittent downpour started early morning on Thursday.

    Meanwhile, the weatherman on Thursday predicted intermittent light to moderate rain at scattered places towards late afternoon and evening for April 21 and 22, and a decrease in precipitation, predicting mainly dry weather during the subsequent two days—(KNO)

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    #Eid #Sales #Plunge #Record #Rainfall #Traders

    ( With inputs from : kashmirlife.net )

  • Moon sighted in Saudi Arabia; Eid Al-Fitr on Friday

    Moon sighted in Saudi Arabia; Eid Al-Fitr on Friday

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    Riyadh: The Shawwal crescent moon has been sighted in the Kingdom of Saudi Arabia (KSA) on Thursday, April 20. This means Eid Al-Fitr will be on Friday, April 21.

    Qatar, UAE, Bahrain and Kuwait also announced that Eid Al-Fitr would be celebrated on Friday, April 21, following the sighting of the crescent moon.

    Therefore, Thursday was the last and 29th day of Ramzan 1444 AH.

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    The Shawwal crescent was observed using a technique of astronomical imaging. It was observed across the Kingdom in all observatories including Sudair and Tumair.

    The Saudi Supreme Court confirmed the sighting and announced Friday as the beginning of Eid.

    It is noteworthy that the Supreme Court on Wednesday called on all Muslims in all parts of the Kingdom to sight the crescent of the month of Shawwal 1444, on Thursday evening, the Saudi Press Agency (SPA) reported.

    On the other hand, Eid Al-Fitr celebrations marks the end of the month-long fast. Eid Al-Fitr is traditionally celebrated with large gatherings for worshippers to pray and break their fasts.

    In Islam, Shawwal is the tenth month of the Islamic calendar, also known as the Hijri calendar or lunar calendar consisting of twelve months beginning with Muharram, and ending with Zul-Hijjah. Each month starts with the sighting of the moon.

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    #Moon #sighted #Saudi #Arabia #Eid #AlFitr #Friday

    ( With inputs from www.siasat.com )

  • Increasing inflation hits Eid budget in Kashmir

    Increasing inflation hits Eid budget in Kashmir

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    Jahangeer Ganaie

    Srinagar, Apr 20: Markets in Kashmir witnessed thin footfall of shoppers ahead of Eid-ul-Fitr with many blaming inflation for hitting Eid budget.

    Shopkeepers from several markets told the news agency—Kashmir News Observer (KNO) that they were expecting a good sale but said the markets lacked enthusiasm.

    People were seen jostling and swarming around mutton and bakeries shops. But the overall market sentiment was low, said shopkeepers.

    Jahangir Ahmad, a shopkeeper at Pulwama town told KNO despite Covid restrictions in the last two years, sales were good and whosoever was visiting shop was at least purchasing an item or two at least.

    But he said that this time sales remained all time low because customers are not in a position to afford.

    “Inflation and poverty due to Covid-19 lockdowns have badly hit J&K and the poor are hardly able to fill their bellies,” he said.

    Javaid Ahmad, a shopkeeper dealing with readymade garments said that he used to sale lakhs on festive occasions and whosoever was visiting his shop used to buy at least an item or two. But this year very few customers are visiting his shop and one out of ten customers are able to afford an item.

    He said that unemployment is at its peak, poor people have become poorer in last few years and they are hardly able to cater to the requirement of essential items.

    They said that on one hand the rates of essential items like rice have doubled in last few months and on the other hand most people don’t have any are jobless.

    “Most people come to markets to purchase essential items only while sales for other shopkeepers is below par,” shopkeepers said—(KNO)

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    #Increasing #inflation #hits #Eid #budget #Kashmir

    ( With inputs from : roshankashmir.net )

  • Increasing Inflation Hits Eid Budget In Kashmir

    Increasing Inflation Hits Eid Budget In Kashmir

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    SRINAGAR: Markets in Kashmir witnessed thin footfall of shoppers ahead of Eid-ul-Fitr with many blaming inflation for hitting Eid budget.

    Shopkeepers from several markets said that they were expecting a good sale but said the markets lacked enthusiasm.

    “People were seen jostling and swarming around mutton and bakeries shops. But the overall market sentiment was low,” said shopkeepers.

    Jahangir Ahmad, a shopkeeper at Pulwama town said that despite Covid restrictions in the last two years, sales were good and whosoever was visiting shop was at least purchasing an item or two at least.

    But he said that this time sales remained all time low because customers are not in a position to afford.

    “Inflation and poverty due to Covid-19 lockdowns have badly hit J&K and the poor are hardly able to fill their bellies,” he said.

    Javaid Ahmad, a shopkeeper dealing with readymade garments said that he used to sale lakhs on festive occasions and whosoever was visiting his shop used to buy at least an item or two. But this year very few customers are visiting his shop and one out of ten customers are able to afford an item.

    He said that unemployment is at its peak, poor people have become poorer in last few years and they are hardly able to cater to the requirement of essential items.

    1. They said that on one hand the rates of essential items like rice have doubled in last few months and on the other hand most people don’t have any are jobs.

    “Most people come to markets to purchase essential items only while sales for other shopkeepers is below par,” shopkeepers said—(KNO)

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    #Increasing #Inflation #Hits #Eid #Budget #Kashmir

    ( With inputs from : kashmirlife.net )

  • No witness about moon sighting received in J&K; Eid to be celebrated on Saturday: Grand Mufti Nasir-ul-Islam

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    Srinagar, Apr 20 Jammu and Kashmir’s Grand Mufti Nasir-ul Islam Thursday said that no witness from any part of the J&K was received about moon sighting and hence a consensus was reached that the Eid-ul-Fitr will be celebrated on Saturday.

    “No evidence or any witness was received from any part of J&K about the sighting of the moon. Hence, Eid-ul-Fitr will be celebrated on Saturday,” Grand Mufti told news agency—Kashmir News Observer (KNO).

    He said the decision to announce Eid-ul-Fitr on Saturday was taken after consensus with the Ulema from Kashmir and Jammu region respectively that include head of Mutahida Majlis-e-Ulema (MMU) Mirwaiz Umar Farooq, patron of Darul Uloom Rahimiya Bandipora, Moulana Rehmatullah Qasimi, also from Darul Uloom Bandipora Mufti Nazir Ahmed Qasmi, Mufti Muzaffar, Mufti Abdur Raheem via Baramulla. Khateeb at the shrine of Hazrat Naqshband Sahab (RA) Prof Muhammad Tayib Kamili , Chairman Karwani-e-Islami Ghulam Rasool Hami, from Sautul Awliya Fayaz Ahmed Rizvi, Shia Scholars Aga Syed Al Hassan Mosvi, Aga Syed Haadi and Masoor Abbas Ansari, Muhammad Yaseen Kirmani, Gen Sec Muslim Personal Law Board, Mufti Himayon, Shabir Ahmed Geelani, Abdur Hameed Nayeemi, Moulana Younus and Abdur Rehman Ashrafi from Qazigund. From Jammu, Ulema’s who were part of the consensus include Mufti Nazir Ahmed, Mufti Shabir Ahmed Noori, Qari Ali Hussain, Haji Muhammad Shafi Nasri, Mufti Liyqat Ali Rajouri, Master Ashraf from Kathua, Moulana Muzaffar Hussian Rizvi from Jammu, Moulana Shafi Rizvi from Samba, Mufti Muhammad Iqbal from Poonch, Hafiz Syed Yasir from Udhampur, Bashir Ahmed Qadri and Reasi and Haji Muhammad Tariq from Jammu—(KNO)

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    ( With inputs from : roshankashmir.net )

  • Crescent moon sighted in Saudi Arabia; Eid to be on Friday

    Crescent moon sighted in Saudi Arabia; Eid to be on Friday

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    Riyadh: The Shawwal crescent moon sighted in the Kingdom of Saudi Arabia (KSA) on Thursday, April 20. Therefore, Thursday would be the last day of the holy month of Ramzan.

    It is noteworthy that the Supreme Court on Wednesday called on all Muslims in all parts of the Kingdom to sight the crescent of the month of Shawwal 1444, on Thursday evening, the Saudi Press Agency (SPA) reported.

    On the other hand, Eid Al-Fitr celebrations marks the end of the month-long fast. Eid Al-Fitr is traditionally celebrated with large gatherings for worshippers to pray and break their fasts.

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    In Islam, Shawwal is the tenth month of the Islamic calendar, also known as the Hijri calendar or lunar calendar consisting of twelve months beginning with Muharram, and ending with Zul-Hijjah. Each month starts with the sighting of the moon.

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    #Crescent #moon #sighted #Saudi #Arabia #Eid #Friday

    ( With inputs from www.siasat.com )