Business

RBI stops printing Rs 2000 notes, focus turns to new Rs 200 notes

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New Delhi, July 26: The Reserve Bank of India (RBI) stopped printing Rs 2000 notes about five months ago and is unlikely to print more in the current financial year, said people aware of the development. The central bank, however, has stepped up the printing of other denominations, including new Rs 200 notes, the people added on condition of anonymity. ...

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Modern Pavilion, Food Courts need to be put up at Bakshi stadium: Tassaduq Mufti

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Srinagar, July 26: Coordinator CM’s Grievance Cell, Tassaduq Mufti has called for upgradation of facilities at the Bakshi Stadium, Srinagar for promotion of sports activities. Taking cognizance of recurrent complaints from the sportspersons regarding poor facilities at the Bakshi Stadium, Tassaduq Mufti has asked the Sports Department to refurbish the stadium by constructing change rooms and modern bathrooms. He also called ...

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China mum over stopping Indian pilgrims to Kailash Mansarovar

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New Delhi, July 24: China mum stopping Indian pilgrims Kailash Mansarovar. Beijing, June 26 (IANS) China on Monday refused to tell why it had stopped a group of Indian pilgrims from travelling to Kailash Mansarovar, saying the foreign ministries of both countries are in touch over the issue.”According to my information, the foreign ministries of the two countries are maintaining ...

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Vaishno Devi Board investing Rs 100 crore in Nursing College

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New Delhi, July 23: Shri Mata Vaishno Devi Shrine Board had adopted the Master Plan as well as the architectural and structural designs of the Nursing College, an official spokesman said. To be set up at Kakriyal, the college was designed by School of Planning and Architecture (SPA), Delhi. From among various options presented by the Architect, appointed after following a ...

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J&K Bank back on growth trajectory

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Srinagar, July 23: In a significant development, the Jammu & Kashmir Bank, state’s premier financial institution, has successfully started pulling itself out of the financial stress by posting a net profit of Rs 30 crore for the quarter ended June 2017. Gross operating profit in the three months (April to June 2017) stood at Rs 368 Cr. The reviewed results were ...

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For 70 years, India has been funded by invisible money: Arun Jaitley

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New Delhi, July 23: Underlining the need to bring in more transparency and accountability in political funding, finance minister Arun Jaitley said Indian democracy has been funded by “invisible money” for the last 70 years and different institutions have failed to check it. He said the government is “actively working” on the electoral bond mechanism – which he announced in the ...

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Ajit Doval to visit Beijing for BRICS NSA’s meet on July 27-28

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New Delhi, July 21: Amid the ongoing stand-off between India and China over the Doklam issue, National Security Advisor Ajit Doval is set to visit Beijing to attend the BRICS NSA’s meeting on July 27-28. Meanwhile, yesterday, External Affairs Minister Sushma Swaraj said that all the countries, including Bhutan, are with India on the issue of the Doklam stand-off. Sushma’s response ...

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RBI To Release New Rs 20 Note In Mahatma Gandhi Series Soon

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Mumbai, July 20: The Reserve Bank (RBI) will shortly issue Rs 20 notes in Mahatma Gandhi series 2005 that will be similar in design to those currently in circulation. The new notes will be bearing inset letter ‘S’ in the number panel and signature of RBI governor Urjit Patel, the central bank said in a notification on Wednesday. “All the banknotes ...

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Won’t talk until India withdraws troops: China

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Beijing, July 20: China has repeatedly said the withdrawal of troops from Doklam was the precondition for any “meaningful dialogue” with India over the festering border row in the Sikkim section of the border. China on Thursday reiterated that it won’t talk to India until New Delhi withdraws troops from Doklam where both armies have been locked in a stand-off for ...

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