Performs 'Pratham Puja' at Holy CaveSrinagar: Lieutenant Governor Manoj Sinha on Monday performed the 'Pratham Puja' at the Holy Cave of Shri Amarnath Ji,...

Meets legislators, public delegations at RaabitaSRINAGAR, JUNE 29: Chief Minister Omar Abdullah Monday met several legislators, public delegations, the healthcare sector among other delegations at Raabita here, during which a wide range of public welfare, developmental and issues were discussed.A public delegation led by MLA Beerwah Shafi Ahmad Wani, comprising senior citizens, youth representatives, members of the Shia community from Magam and representatives of the Beerwah Traders Federation. The delegation projected various developmental requirements, public welfare concerns and constituency-specific issues. The Chief Minister gave a patient hearing to the issues raised and assured that all genuine concerns would be addressed in a phased and time-bound manner.The Chief Minister also met MLA Pahalgam Altaf Ahmad Wani and...

New Delhi: The Reserve Bank of India (RBI) has issued a compounding order under Section 15 of the Foreign Exchange Management Act (FEMA), in the case of Touras India Private Limited, which has resulted in the termination of proceedings against the company for contraventions of the law's provisions with a one-time payment of Rs 26,950, according to a statement issued by the Directorate of Enforcement (ED) on Monday The order has been passed by the RBI after issuance of a "no objection" by the ED. Section 15 provides a mechanism for individuals or companies to voluntarily admit to a violation of FEMA regulations, pay a penalty, and regularise the contravention without undergoing lengthy litigation or...