The Indian Army said on Tuesday that the terrorists deliberately target the civilians during encounters to manage their escape. Defence ministry, spokesman said in a statement, “Based on an input of likely presence of terrorists in general area of Pandoshan, located approximately 4 kms south- east of Chaudhary Gund, Shopian, a joint cordon & search […]
Category: National
Gadkari pitches for entities engaged in alternative fuels
Union Minister Nitin Gadkari made a case for extending priority sector lending facilities for entities engaged in production and business of alternative fuels like bio- ethanol, CNG and LNG, a move that will help cut imports of fossil fuels. The Road Transport and Highways Minister further said the trial of bringing calorific value of ethanol […]
22nd National Rail Transportation seminar organised at Ambedkar Centre
22nd National Rail Seminar on leveraging Railways for Stranger and Vibrant Economy was organised by CREAM (Centre for Transportation Research and Management) at Dr Ambedkar International Centre in New Delhi. The Seminar was inaugurated by SK Mohanty, member operation and business Development Railway Board. Jaya Verma Sinha, Additional Member/Traffic Railway board and Rakesh Tandon, ED/ […]
Structural reforms, price stability key for sustained growth: RBI
Structural reforms and price stability are the prerequisites for achieving a medium-term steady economic growth of 6.5-8.5 per cent, according to a RBI report. The Report on Currency and Finance (RCF) for the year 2021-22 also emphasised that timely re-balancing of monetary and fiscal policy should be the first step in the journey towards sustained […]
Centre approves Rs 4,526.12 cr investment for Kwar hydro power project in J&K
The Union Cabinet on Wednesday approved a proposal to invest Rs 4,526.12 crore to construct 540 MW Kwar hydro electric project in Jammu & Kashmir. Cabinet has approved construction of 540 Mega watt Kwar Hydro Electric project at a cost of Rs 4,526.12 crore,” Union Minister Anurag Thakur said in a briefing on the cabinet […]
Two terrorists killed in J&K encounter
A Pakistani Lashkar-e- Taiba (LeT) terrorist was among two ultras killed in an encounter with security forces in Kulgam district of Jammu and Kashmir on Sunday, police said. The gunfight in the Cheyan Devsar area of the south Kashmir district broke out after security forces launched a cordon and search operation there following in puts […]
RBI modifies norms for banks on short-term crop loan scheme
RBI modified norms for banks to claim the amount of interest subvention provided to farmers under the short- term crop loan scheme through Kisan Credit Card (KCC) during the last fiscal. Pending claims for the 2021-22 financial year can be submitted by June 30, 2023 and those have to be duly certified by the statutory […]
Cyclone Asani unlikely to make landfall
The storm in the Bay of Bengal intensified into a cyclone on Sunday, packing wind speeds of more than 75 kmph, and is expected to get stronger, the weather office said. However, it is expected to fizzle out next week without making a landfall. Under the influence of the cyclone, northern Andhra Pradesh and Odisha […]
Indian economy may take 10 yrs to recoup pandemic losses: RBI report
The Indian economy may take more than a decade to overcome the losses emanating from the COVID-19 pandemic, said a report published by the Reserve Bank of India. In an analysis of the impact of COVID-19 on the economy, the report has estimated the output losses during the pandemic period at around Rs 52 lakh […]
5G spectrum auction likely in early June: Ashwini Vaishnav
The government is likely to hold a 5G spectrum auction in early June, telecom minister Ashwini Vaishnav said. The minister said that the Department of Telecom is working as per expected timeline and the process is on to resolve industry concerns around spectrum pricing. Asked about the schedule of the spectrum auction, Vaishav said that […]