Eyes global investment, cites talent pool JAMMU, OCTOBER 10: The Lieutenant Governor, Manoj Sinha Saturday addressed the Valedictory Session of the J&K Global Capability...

Kulgam: Education, Social Welfare, Minister for Health and Medical Education, Sakeena Itoo on Saturday inaugurated Multipurpose Indoor Sports Hall at Government Degree College (GDC), Frisal. The occasion marked a significant milestone in the college’s efforts to promote sports, physical fitness and the holistic development of students with the facility coming up at the estimated cost of Rs.1.94 crore. The ceremony as attended by MLA Devsar Peerzada Feroze Ahmad Shah, Secretary in Higher Education Department Shafqat Iqbal, Nodal Principal Kashmir Division Colleges, Dr. Seema Naz,  DPO, Zaheer Ahmad Kaifi, CEO, Kulgam Fayaz, Ahmad Mir, CMO, Dr. Showkat Ahmad Parray, Principals GDC, Frisal, D. H. Pora & Kilam, DSWO Rameez Ahmad Ganie BDO, and senior officers of the Higher Education...

New Delhi: The Reserve Bank of India (RBI) on Saturday announced fresh regulatory curbs -- cutting the unhedged foreign exchange derivative transaction threshold from $100 million to $5 million and introducing a 20 per cent Foreign Exchange Risk Reserve (FERR) -- to curb currency speculation and ensure an orderly market. Under new directions, authorised dealers shall not permit users to rebook any foreign exchange derivative contract involving the rupee whether deliverable or non-deliverable, which has been cancelled with any authorised dealer after issuance of directions. However, rollover of contracts on maturity will continue to be permitted. RBI sharply reduced threshold for undertaking foreign exchange derivative transactions without establishing underlying exposure from $100 million equivalent to...