Assembly takes up JJM report, Cooperative Bill Srinagar: The Jammu and Kashmir Legislative Assembly on Monday took up the House Committee report on alleged...

Says works sanctioned under RDSS; Rs 14.74 cr allocated Srinagar: Chief Minister Omar Abdullah, who also holds the Power Department portfolio, Monday informed the Legislative Assembly that electrification works covering 29 habitations and 1,936 households in Kupwara district are under implementation under the Revamped Distribution Sector Scheme (RDSS). Replying to a starred question raised by MLA Mir Mohammad Fayaz during Question Hour of the Autumn Session, the Chief Minister said Letters of Award (LoAs) have already been issued for 10 blocks of Kupwara district for works amounting to ₹14.74 crore. The works cover identified un-electrified habitations in Moori, Manigah, Kumkadi, Tangdar, Reday Chokibal, Wavwoora, Machil, Keran, Hyhama, Karoos, Teatwal, Sogam and Qadirabad. He said the survey, drawings and final...

Mumbai: The Reserve Bank of India (RBI) on Monday accepted bids worth Rs 25,000 crore in the second tranche of its ongoing open market operation (OMO) sales programme, as the central bank continued efforts to absorb surplus liquidity from the banking system. The auction witnessed robust investor participation, with total bids amounting to Rs 84,982 crore, more than three times the notified amount. The strong response highlights sustained demand for government securities despite the RBI's liquidity-tightening measures. According to the auction results, the RBI accepted bids worth Rs 11,512 crore for the 6.10 per cent Government Security (GS) 2031 and Rs 8,758 crore for the 7.95 per cent GS 2032. The central bank also accepted...