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BRICS Summit- India grows as world faces instability: PM Modi

‘Rising trade barriers call for economic bridges’ New Delhi: Prime Minister Narendra Modi said on Friday that India is keeping up its fast pace of...

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Jammu & Kashmir

Kashmir Expo to showcase J&K’s craft, enterprise: Dy CM

Inaugurates Kashmir Expo 2026 at Zabarwan Park SRINAGAR, SEPTEMBER 11: Jammu and Kashmir Trade Promotion Organization (JKTPO) under the aegis of the Department of Industries & Commerce, organized three day Kashmir Expo, 2026 being held from 11th to 13th September 2026 under the theme “Celebration of Craft, Culture & Cuisine – Showcasing Rich Kashmir’s Heritage by Empowering Golden Hands & Talent.” The expo was inaugurated by Deputy Chief Minister, Surinder Kumar Choudhary today at Zabarwan Park, Boulevard Road here. The Expo is being attended by the artisans, craftsmen, weavers, entrepreneurs, businesses and other stakeholders. The event will provide a platform to showcase the distinctive products, craftsmanship and cultural heritage of Jammu and Kashmir. Speaking on the occasion, the Deputy Chief...

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BUSINESS

RBI imposes Rs 27.30 lakh penalty on ACRE for management fee violations

Mumbai:  The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 27.30 lakh on Asset Care & Reconstruction Enterprise Limited (ACRE) for non-compliance with regulatory requirements related to the charging of management fees. The central bank said the penalty was imposed through an order dated September 8, 2026, following its statutory inspection of ACRE, an asset reconstruction company (ARC), with reference to its financial position as of March 31, 2025. "RBI has imposed a monetary penalty of Rs 27.30 lakh on Asset Care & Reconstruction Enterprise Limited for non-compliance with certain provisions of the directions issued by RBI on income recognition," the central bank said. "This penalty has been imposed in exercise...

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