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3-tier Panchayati Raj powered J&K’s growth: LG Sinha

‘Grassroots feedback shaped governance’SRINAGAR: The Lieutenant Governor, Manoj Sinha Tuesday addressed “Seva Se Samriddhi- Panchayat-led Service Delivery” Regional Workshop organised by Union Ministry of...

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Jammu & Kashmir

Govt focusing on enhancing employability of students: Sakeena

Reviews admissions in Govt Degree Colleges across J&KSRINAGAR: Maintaining that student welfare should remain the top priority, Minister for Higher Education, Sakeena Itoo Tuesday said that sustained reforms in the higher education sector are essential to make colleges more accessible, inclusive and responsive to the aspirations of students.The Minister made these remarks while addressing a comprehensive review meeting held to assess the ongoing admission process in the Government Degree Colleges across Jammu and Kashmir.During the meeting, Sakeena Itoo had a comprehensive review of the admission status across Government Degree Colleges. She directed the Higher Education Department and college authorities to strengthen awareness and outreach initiatives in the institutions with comparatively low enrolment to ensure wider...

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BUSINESS

RBI clarifies FCNR-B rules, fresh NRI inflows may support Rupee

Mumbai:  The Reserve Bank of India (RBI) on Tuesday issued clarifications on the operational aspects of Foreign Currency Non-Resident Bank (FCNR-B) deposits, addressing queries raised by banks regarding the mobilisation of such deposits and related lending activities. The clarification is expected to encourage greater inflows through the FCNR-B route, which could provide support to the rupee in the near term. According to a document released by the central bank, all Indian banks, including their overseas branches, are permitted to extend loans to non-residents or issue standby letters of credit (SBLCs) in favour of overseas lenders against FCNR-B deposits mobilised by them. The RBI clarified that banks can also extend loans to FCNR-B account holders and...

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