Business
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| | J&K Bank Chairman inaugurates 2 Business Units, 4 ATMs in Pulwama | | Our operations investment in prosperity of J&K - Parvez Ahmed | | | JAMMU, Apr 23 : J&K Bank Chairman and CEO Parvez Ahmed e-inaugurated two Business Units and three offsite ATMs today amid a huge round of applause at Pulwama in presence of Deputy Commissioner Ghulam Mohammad Dar, Bank’s Executive President Vagesh Chander, and a large gathering of valuable customers, senior citizens, representatives of various trade bodies and local residents.
The bank’s Presidents PK Tickoo, Abdul Rashid Sheigan, Zonal Head Kashmir South I Tasaduq Hussain, Vice-Presidents besides other bank officials also attended the inaugural ceremony in the lush green lawn of Zonal office Kashmir south-I. The number of business units increased to 67 with a total of 87 ATM’s in the district that falls within the jurisdiction of Zonal Office.
The two business units e-inaugurated are a... |  | |
| | | Fuel prices hit 55-month high; Petroleum ministry may approach FinMin for excise duty cut | | | | New Delhi, Apr 23 (Agencies) : Petrol and diesel prices touched 55-month high on Monday, renewing calls for a cut in excise duty to ease the burden on consumers. Sources told Zee Media that the government held meeting with chief of Oil Marketing Companies (OMCs) and reviewed daily pricing mechanism for petrol and diesel. The Petroleum ministry is also believed to be evaluating global price trend and the impact of daily pricing of fuel with OMCs.
State-owned oil firms have been revising auto fuel prices daily since June last year. Under the dynamic pricing scheme, petrol and diesel prices are revised on a daily basis in sync with global crude oil prices.
Sources further told Zee Media that the Petroleum Ministry may approach the Finance Ministry for cut in excise duties adding that the g... | | |
| | | 76% Indians want death penalty for child rapists: Survey | | | | New Delhi, Apr 23 (Agencies) : A day after President Ram Nath Kovind gave his nod to an ordinance confirming death penalty for those convicted for raping minors, a citizen survey has now shown that nearly 76 percent of the people agree with it. The survey, which was conducted by NGO LocalCircles, saw nearly 18 percent of the respondents voting in favour of life imprisonment without parole for convicted rapists while three percent said that they (child rape convicts) should be given a seven-year jail term (which is the current law).
To catch the citizens' pulse on the Union Cabinet's latest move to allow an ordinance to amend the existing Protection of Children from Sexual Offences (POCSO) Act in view of a national outrage over the Kathua rape-and-murder case and similar incidents from ac... | | |
| | | PM to visit China on April 27-28, to hold summit talks with President Xi Jinping | | | | New Delhi, Apr 22 (Agencies)) : Prime Minister Narendra Modi and Chinese President Xi Jinping will hold an informal summit in China's Wuhan city from April 27 to 28, China's Foreign Minister Wang Yi announced on Sunday.
PM Modi will be visiting the central Chinese city at the invitation of President Xi, he said at a joint media event with External Affairs Minister Sushma Swaraj.
"The two leaders will have communications of a strategic nature concerning the once in a century shifts going on in the world. They will also exchange views on overarching long-term and strategic matters concerning the future of China-India relations," Wang said.
"The informal summit will be an important occasion for them to exchange views on bilateral and international matters from an over-arching and long-te... | | |
| | | Central Railway to run 10 'Summer Special' trains between Mumbai and Varanasi | | | | MUMBAI, Apr 20 (Agencies): The Central Railway has announced that it would run 10 'Summer Special' trains between Mumbai's Chhatrapati Shivaji Maharaj Terminus and Varanasi from April 24.
News agency ANI reported that the weekly trains would run between the two cities between April 24 and May 23. Passengers can book a seat by paying a special fare. The decision to run these trains comes due to increased demand - especially during the holiday season. "Bookings for summer special trains on special charges leaving Chhatrapati Shivaji Maharaj Terminus will commence from 21.4.2018 at all PRS locations and booking can be done also online," a Central Railway spokesperson was quoted as saying.
The spokesperson also said that a special train (No. 01027) would depart from CST every Tuesday at 064... | | |
| | | India eyes AK-103 assault rifles, looks for deal to 'Make in India' | | | | NEW DELHI, Apr 20 (Agencies): As part of its modernisation process, the Indian Army is eyeing the Kalashnikov AK-103 7.62x51 mm assault rifles for its soldiers. The Army needs over 7,68,000 assault rifles for its soldiers.
According Russian news portal SputnikNews.com, senior Ministry of Defence officers along with a team of Ordnance Factory Board (OFB) officials will be in Moscow later in April to visit Kalashnikov rifle works at Izhevsk to discuss fast-tracking the government to government agreement for licensed production of the upgraded Kalashnikov AK-103 7.62x51mm assault rifles in India.
"A group of officials from the Ordnance Factory Board of Trichy and Rifle Factory Ichapore will be in Russia on April 24 to assess the Kalashnikov rifle works at Izhevsk. Later on, a defence minis... | | |
| | | US Admiral warns against sanctioning India over Russia defence purchase | | | | US, Apr 19 (Agencies): A top US admiral has warned Congress against imposing any sanctions on countries like India and Indonesia for purchasing defence equipment from Russia, saying any such move would pose a concern for America's defence ties in the Indo-Pacific and increase its partners' dependence on Moscow.
Admiral Philip S Davidson, the nominee for the US Pacific Command Commander (PACOM), told members of the Senate Armed Services Committee on Wednesday during his confirmation that India's military had long relied on the former Soviet Union and then Russia to follow with some of its technology and training.
"We have to break down that historical background to a certain extent, break down is not the correct work but be willing to work with that so that we can move forward with India... | | |
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