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Chinar Book Festival-III; Making J&K knowledge hub our goal: LG Sinha

Says fest a movement, not just an eventSRINAGAR: Lieutenant Governor, Manoj Sinha Saturday attended the third edition of Chinar Book Festival in Srinagar...

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Jammu & Kashmir

CS directs early setup of JK Project Monitoring Group

Assesses framework to accelerate infra development SRINAGAR: In a major step towards strengthening governance and ensuring time-bound execution of infrastructure projects in Jammu and Kashmir, Chief Secretary, Atal Dulloo, Monday chaired a high-level meeting with senior officers of the Project Monitoring Group (PMG), Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, at New Delhi to deliberate upon the establishment of a Union Territory-level Project Monitoring Group (UT-PMG) on the lines of the Central PMG mechanism here. The proposed JK-PMG aims to institutionalize a technology-driven project monitoring system for expediting implementation of major developmental projects across Jammu and Kashmir. The Central PMG is designed to facilitate milestone-based monitoring and resolution of regulatory bottlenecks in...

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BUSINESS

RBI swap facility attracts forex inflows to tune of $20 billion in 5 weeks

New Delhi:  The Reserve Bank of India’s swap facility for offering concessional swaps for fresh foreign currency non-resident bank deposits deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs), has succeeded in attracting forex inflows to the tune of $20,718 million as on July 17, 2026, according to the Central Bank statement issued on Monday. The amount has flowed in since the scheme was operationalised on June 8 this year. The figures are based on the data received from Authorised Dealer Banks show that as much as $17,406 million of this amount was mobilised through FCNR(B) deposits, while another $1.970 million came via OFCBs while ECBs accounted for the remaining $1,342 million....

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