PM Modi to inaugurate 75 digital banking units today

Two JK Bank units feature in the list

Srinagar: Prime Minister Narendra Modi will dedicate two digital banking units of Jammu and Kashmir Bank to the nation on Sunday via video conferencing, officials said. To deepen financial inclusion, the prime minister on Sunday will inaugurate 75 digital banking units (DBUs) of different banks across the country of which two are of Jammu and […]

Efforts on to make infiltration from Pakistan impossible: BSF

Says effective measures taken to tackle drone threat

Udhampur/Jammu: The Border Security Force (BSF) is taking steps to make infiltration of terrorists impossible besides tackling the challenge posed by the use of drones to smuggle weapons and narcotics from across the border, a senior BSF officer said on Saturday. BSF Additional Director-General (Western Command) PV Rama Sastry said the force was fully alert […]

Mercury rises slightly in JK, hovers below normal at some places

Srinagar: The weather department has forecast mainly dry weather in Jammu and Kashmir even as night temperatures recorded a slight improvement in the Valley but hovered below normal in some places on Saturday. A meteorological department official here said that while dry weather was expected to continue till October 17, light to moderate rain or […]

Preserve vital foreign reserves amidst appreciating dollar: IMF to countries

Washington: The IMF has urged countries to preserve vital foreign reserves to deal with potentially worse outflows and turmoil in the future, amidst appreciation of the US dollar and depreciation of other major currencies, including the Indian rupee. In a blog post by the First Deputy Managing Director of the IMF Gita Gopinath and the […]

Govt hikes windfall profit tax on export of diesel, ATF

Tax on domestic crude oil also raised

New Delhi: The government on Saturday hiked the windfall profit tax on the export of diesel to Rs 12 per litre and that on jet fuel exports to Rs 3.50 a litre with effect from October 16. The levy on domestically produced crude oil too has been increased by Rs 3,000 per tonne to Rs […]

Despite global headwinds, Indian economy to stay on course: FM Sitharaman

Washington: The Indian economy will stay on course despite global headwinds and is projected to grow at seven per cent in fiscal 2022-23, Finance Minister Nirmala Sitharaman has said, attributing this to the conducive domestic policy environment and focus on key structural reforms. Sitharaman’s remarks came during her intervention at the plenary session of the […]

Pak ‘one of the most dangerous nations in the world’: Biden

Says country possessing nukes should not be ‘without cohesion’

Washington: US President Joe Biden has said Pakistan is “one of the most dangerous nations in the world” as it has “nuclear weapons without cohesion”. He made the remarks while addressing a Democratic Party congressional campaign committee reception on Thursday. “And what I think is maybe one of the most dangerous nations in the world: […]

Jammu reports four fresh covid-19 cases

Srinagar: Jammu and Kashmir reported four fresh covid-19 cases even as there was no death due to the virus during the past 24 hours, officials said on Saturday. They said all the cases were reported from Jammu division and none from Kashmir, taking the overall tally to 479245. Among the cases, 174024 are from Jammu […]

IED detected in north Kashmir’s Bandipora

Srinagar: Security forces on Saturday detected an improvised explosive device (IED) in Bandipora district of north Kashmir, officials said. The IED, weighing around 16 kg, was fitted with two gas cylinders, they said. A joint team of police and Army detected the IED in Astango area of the north Kashmir district, they said. A bomb […]