Says Kashmir Marathon showcases unity SRINAGAR: The Lieutenant Governor, Manoj Sinha Thursday graced the closing ceremony of the Kashmir Marathon- Run for Unity. He commended...

Extends Gandhi Jayanti greetings SRINAGAR, OCTOBER 1: Minister for Food, Civil Supplies & Consumer Affairs, Information Technology, Youth Services & Sports, and Science & Technology, Satish Sharma, Thursday extended his warm greetings to the people of Jammu and Kashmir on the eve of Gandhi Jayanti, which will be observed across the country on October 2. The Minister paid rich tributes to Mahatma Gandhi on his 157th birth anniversary, recalling his profound contribution to India’s freedom struggle and the enduring relevance of his ideals of truth, non-violence, self-reliance, Swadeshi, cleanliness and Sarvodaya. In his message, Satish Sharma said that Mahatma Gandhi’s life and philosophy continue to inspire generations and remain deeply relevant in addressing the challenges facing society today. “Gandhiji...

Mumbai: The Reserve Bank of India (RBI) on Thursday eased the approval process for mutual funds, insurance companies and pension funds seeking to make subsequent acquisitions of major shareholding in banks, allowing eligible investors to obtain a one-time approval for purchases of up to 10 per cent of a bank’s paid-up share capital or voting rights. The revised framework, which came into effect immediately, was notified through the Reserve Bank of India (Commercial Banks – Acquisition and Holding of Shares or Voting Rights) Amendment Directions, 2026, issued on October 1. Under the earlier framework, investors were required to obtain prior RBI approval for an initial acquisition of major shareholding in a bank. If their aggregate...