Deptts told to furnish answers on time; orders foolproof security SRINAGAR: Speaker, Jammu and Kashmir Legislative Assembly, Abdul Rahim Rather, Tuesday convened a meeting...

SRINAGAR, SEPTEMBER 15: Chief Minister Omar Abdullah Tuesday inaugurated the guest house of The Institution of Engineers (India) (IEI), ‘IEI GHAR’, at Church Lane, Sonwar, here on the occasion of the 59th Engineers’ Day. Advisor to the Chief Minister Nasir Aslam Wani, MLA Lal Chowk Sheikh Ahsan Ahmed (Pardesi), Commissioner Srinagar Municipal Corporation Faz Lul Haseeb, Chairman, IEI J&K State Centre, Er. Ferdous Ahad Bhat, Honorary Secretary, IEI J&K State Centre, Irfan Ahmad Reshi, members of the Executive Committee of IEI J&K State Centre and senior engineers were present on the occasion. The Chief Minister cut the ceremonial ribbon to formally inaugurate the facility and also took a tour of the guest house. Appreciating the facility, the Chief Minister...

New Delhi: The Reserve Bank of India (RBI) on Tuesday said that the introduction of MDR on large-value UPI transactions is an important step towards strengthening the long-term sustainability of India’s digital payments ecosystem. It will help UPI in continuing to scale, innovate and serve consumers and businesses across the country, Central Bank said in a statement. “A fair and appropriate distribution of MDR across ecosystem participants will support continued investment in technology, infrastructure and acceptance networks. This, in turn, can enable wider UPI acceptance, deepen the customer base and support sustained growth in transaction volumes,” the RBI posted on X. Importantly, all UPI transactions - P2P and P2M - will remain free for users....