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Future belongs to those who see possibilities: LG

JAMMU: Cluster University, Jammu Friday celebrated a historic occasion as Lieutenant Governor, Manoj Sinha inaugurated a series of groundbreaking academic programmes designed to redefine...

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Jammu & Kashmir

Provide greater employment opportunities to local youth: Dy CM

Reviews industrial development, restoration works in KathuaKATHUA, JULY 31: Deputy Chief Minister Surinder Choudhary Friday visited Bhagthali Industrial Estate in Kathua district to inspect the progress of infrastructure development and flood protection works being executed in the area.During the inspection, the Deputy Chief Minister took serious note of the delay in execution of development works worth around ₹60 crore being undertaken by IRCON, including creation of industrial infrastructure, civic amenities and flood protection measures.Expressing concern over the delay, he directed the concerned authorities to issue notices to the executing agency for failing to adhere to the original completion timelines fixed for 2025. He also called for third-party scrutiny of the works executed so far and fixed October...

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BUSINESS

RBI directs banks in border districts to install note authentication, sorting machines

New Delhi: The Reserve Bank of India on Friday directed banks to equip branches in districts bordering other countries with note authentication and sorting machines.The direction came after the central bank noticed that some lenders’ efforts to detect counterfeit currency were inadequate.In a circular, the RBI said banks must ensure all banknotes received are examined for authenticity using machines and that counterfeit notes be impounded in all cases.It directed banks to train every employee handling cash about the security features of genuine banknotes to enable them to detect counterfeit notes.Counterfeit notes must not be returned to the tenderer or destroyed at the bank, the RBI said, adding that detected Fake Indian Currency Notes (FICNs) must...

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