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Showing Way on Labour Reforms: Chairman PM’s Economic Advisory Council hails JK Govt

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Chairman Prime Minister’s Economic Advisory Council, Dr Bibek Debroy today hailed the Jammu and Kashmir Government for taking the lead in pioneering wide-ranging Labor Law reforms in the State. “While the whole country currently grapples with the issue of Labour Law reforms, J&K Government has taken the lead and is ...

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SBI discloses $212-mn exposure through PNB

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Country’s largest lender SBI today said it has an exposure of USD 212 million (about Rs 1,360 crore) in respect to letter of undertaking issued by Punjab National Bank to Nirav Modi, but does not have any direct exposure to the absconding jewellery designer. “We don’t have any direct exposure ...

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AAI to invest Rs 15,000 cr on airport terminals in FY19

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The Airports Authority of India (AAI) will invest Rs 15,000 crore in financial year 2018-19 to expand the existing terminal buildings and construct new ones. AAI chairman Guruprasad Mahapatra said the authority has decided to have additional facilities at all the terminal buildings across the country. “All our terminal buildings ...

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Gold climbs Rs 170 on global cues, wedding demand

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Gold advanced by Rs 170 to Rs 31,820 per ten gram at the bullion market today largely in sync with the overseas trend amid increased buying by local jewellers. However, silver met with resistance at higher levels and slipped by Rs 580 to Rs 39,380 per kg. Traders said sentiment ...

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Poll candidates must disclose source of income: SC

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The Supreme Court on Friday directed that all candidates contesting elections must disclose their “sources” of income, including those of their spouse and dependent children. In a landmark judgement, a bench headed by Justice J. Chelameswar said the candidate has to disclose his, his wife’s and dependent children’s source of ...

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India not reciprocating our commitment to peace: Pak

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Pakistan’s Interior minister has accused India of not reciprocating Islamabad’s commitment to peace with “unilateral actions” and warned New Delhi against “bullying” his country. Ahsan Iqbal said Pakistan is trying to overcome the “trust deficit” that exists in the region but India has disappointed Islamabad with unilateral moves like boycotting ...

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Kashmir problem won’t go away by closing down Jamia Masjid: Mirwaiz

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Hurriyat-M chairman Mirwaiz Umar Farooq today condemned the government for “repeatedly barring Muslims from offering obligatory Friday prayers at Jamia Masjid and other Masjids across the Valley by imposing restrictions.” Addressing the Friday gathering before prayers at Jama Masjid Srinagar, Mirwaiz in a veiled reference to the government said that ...

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SMHS Attack: NIA gets 7-day custody of 5 accused

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The five accused arrested in connection with Lashkar-e-Taiba terrorist Mohammed Naveed Jhatt’s escape from a city hospital were today remanded in seven-day National Investigation Agency (NIA) custody by a special court here, an official said. The special NIA court here granted seven days of remand of all the five accused ...

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HC dismisses KU VC’s continuation petition

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The High Court on Friday dismissed a petition by incumbent Vice Chancellor (VC), of University of Kashmir, Khurshid Iqbal Andrabi, seeking continuation of his term in view of a 2015 legislation that amended the State Universities Act. The petitioner VC is continuing in office by virtue of an interim court ...

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Militants give slip to forces in Palhalan

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While militants managed to give slip to government forces during a gunfight at Tantarypora of Palhalan in Pattan area of north Kashmir’s Baramulla district on Friday, many people were injured in violent clashes which broke out during the gunfight. Official sources said that acting on specific information about the presence ...

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