Chairs high-level meeting at Pahalgam Visits Nunwan base camp SRINAGAR: Lieutenant Governor Manoj Sinha on Thursday chaired a high-level meeting at Pahalgam and reviewed the preparations...

RAJOURI: Deputy Chief Minister Surinder Choudhary today continued his extensive public outreach programme across Rajouri district, interacting with the people at various locations and listening to their concerns and developmental aspirations. The Deputy Chief Minister held a public interaction at Nowshera, where individuals and various delegations apprised him of issues concerning their respective areas. He assured them that the government remains committed to responsive governance and prompt redressal of genuine public grievances. On his way to Dalhori (Dhangri), the Deputy Chief Minister met the local residents at Dalogra and listened to their concerns, reiterating the government’s commitment to inclusive development. Later, he addressed a massive public gathering at Dalhori (Dhangri), where he thanked the people for their overwhelming...

Mumbai: The Reserve Bank of India (RBI) on Thursday proposed opening the term money market to a wider range of financial institutions and companies in a move aimed at deepening market liquidity and improving monetary policy transmission across different maturities. Under the draft directions released by the central bank, non-banking financial companies (NBFCs), housing finance companies (HFCs), All India Financial Institutions (AIFIs), and companies would be allowed to participate in the term money market, which is currently accessible only to banks and standalone primary dealers. The RBI said the proposed framework is intended to strengthen the transmission of policy rates across various tenors and promote the development of a more active term money market. The...