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RBI Governor-headed committee reviews global, domestic economic situation

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Reserve Bank of India Governor Shaktikanta Das chaired a meeting of the sub-committee of the Financial Stability and Development Council, in which major developments in the global and domestic economy as well as in various segments of the financial system were reviewed.

The routine exercise was held on Tuesday at the Reserve Bank of India, the apex bank said in a statement. Certain inter-regulatory issues were also discussed at the meeting.
Further, the sub-committee reviewed the activities of various technical groups under its purview and the functioning of State Level Coordination Committees (SLCCs) in various States and Union territories.

“The members resolved to remain vigilant and proactive to ensure that financial markets and financial institutions remained resilient amidst the spillovers arising from evolving global macroeconomic situation,” the RBI statement added.

The meeting was attended by the members of the Sub-Committee — Ajay Seth, Secretary, Department of Economic Affairs; Vivek Joshi, Secretary, Department of Financial Services; Manoj Govil, Secretary, Ministry of Corporate Affairs; Sanjay Malhotra, Officer on Special Duty and Secretary (Designate), Department of Revenue; V Anantha Nageswaran, Chief Economic Adviser; Shashank Saksena, Senior Adviser and Secretary, Financial Stability and Development Council; Madhabi Puri Buch, Chairperson, Securities and Exchange Board of India (SEBI); Debasish Panda, Chairman, Insurance Regulatory and Development Authority of India (IRDAI); Supratim Bandyopadhyay, Chairman, Pension Fund Regulatory and Development Authority (PFRDA).

Deputy Governors of the Reserve Bank – Mahesh Kumar Jain, Michael Debabrata Patra and T Rabi Sankar; and Executive Directors of the Reserve Bank – OP Mall and Saurav Sinha – were among the others who were part of the meeting.

Awareness Camp on Osteoporosis held at GAMC Akhnoor

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Under the able guidance of Prof. (Dr.) Shashi Sudhan a awareness camp organized on Osteoporosis by Orthopedic Department, GMC Jammu. Osteoporosis is a silent epidemic having huge cost on individual and society arising out of it.
What has to be done for its prevention in society was discussed by Dr Bias Dev, Associate Professor, Department of Orthopedics GMC Jammu with students and faculty of Govt Ayurvedic Medical College Akhnoor on 15th November 2022.
In the presentation to the students and faculty, Govt. Ayurveda Medical College Akhnoor, the role of Peak Bone Mass (PBM) was discussed. It was told that the mass of bone achieved by middle of third decade is the peak bone mass which cannot be gained thereafter by any means and after mid thirties the individual’s bones gradually start losing their bone mass whose rate of loss is more in females. Since the PBM cannot be augmented in later life, the emphasis was laid for having good PBM through good amount of physical activities besides a balanced diet and avoiding bone resorptive fast foods, carbonated drinks and alcohol. Further, stress laid on preventive measures through holistic approach by improving lifestyle and adopting various principles viz. Dincharya, Ritucharya etc. mentioned in the Ayurveda.
The students were called upon to adopt life style which helps them prevent osteoporosis in their later life and become messengers to the general public for percolating the concept of peak bone masses among them when they start their clinical practice.
The program was attended by Dr. Narinder, Nodal Officer, Dr. Shailej Gupta, Dr Rajesh Sharma, Dr. Dheeraj Khajuria, Dr Tanvi Singh.

No change in reservation status of Gujjars, Bakerwals: LG Sinha

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JAMMU, Nov 15: The grant of reservation to the Pahari community in Jammu and Kashmir will not have any effect on the quota of the Gujjar and Bakerwal communities, Lieutenant Governor Manoj Sinha said on Tuesday.
Speaking to reporters on the sidelines of a programme here, he referred to Union Home Minister Amit Shah’s statement during his visit to Rajouri and Baramulla on the grant of reservation to the Pahari community.
“Some people are trying to mislead the communities for political reasons, but I again reiterate with confidence and responsibility that there will no change in the reservation quota of Gujjars, Bakerwals, Gaddis and Sippis,” Sinha said.
Gujjars and Bakerwals have been holding protests against the Centre’s move to give Scheduled Tribe (ST) status to Paharis. (Agencies)

Gujarat polls: 1,362 candidates file nominations for first phase

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As many as 1,362 candidates have filed the nomination forms for the first phase of Gujarat Assembly polls in 89 seats, state election officials said on Tuesday.

Among notable candidates who have filed their nomination for the first phase are Gujarat Chief Minister and Bharatiya Janata Party’s CM candidate Bhupendra Patel, who is contesting from Ghatlodia seat in Ahmedabad, and Aam Aadmi Party’s chief ministerial candidate Isudan Gadhvi, who is contesting from Khambhalia seat in Devbhumi Dwarka district.

The Election Commission started accepting the forms for the first phase on November 5 and Monday was the last day for filing the nominations.

The elections for 89 out of the total 182 seats in Gujarat will be held on December 1.

As per details shared by the office of the state Chief Electoral Officer, nominations have been filed for the first phase by candidates in Kutch, Surendranagar, Morbi, Rajkot, Jamnagar, Devbhumi Dwarka, Porbandar, Junagadh, Gir Somnath, Amreli, Bhavnagar, Botad, Narmada, Bharuch, Surat, Tapi, Dangs, Navsari and Valsad districts, under Saurashtra-Kutch and south Gujarat regions.

Besides, 95 candidates have also filed the nomination forms for the second phase of elections to be held in 93 seats on December 5.

These nominations have been filed for seats in Banaskantha, Patan, Mehsana, Sabarkantha, Gandhinagar, Aravalli, Ahmedabad, Kheda, Panchmahal, Mehsana, Dahod, and Vadodara districts in Gujarat’s north and central regions.

The last date for filing of nominations for the second phase is November 17.

The scrutiny of nominations for the first phase of polls is on Tuesday and for the second phase on November 18.

The last dates for the withdrawal of candidature for the first and second phases are November 17 and 21, respectively.

The counting of votes for all the seats will be taken up on December 8.

Consumers in Baramulla asked to pay pending electricity bill or face police case

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BARAMULLA: The Kashmir Power Development Corporation Limited has asked consumers in the old town area of Baramulla to pay pending electricity bills or face a police case.

A circular in this regard has been issued by the Kashmir Power Development Corporation Limited (KPDCL).

“It is to inform all Mohalla presidents to advise the defaulter consumers of your Mohalla to pay your pending electricity bills immediately, otherwise FIR in the police station Baramulla will be lodged against the defaulters”, reads the circular.

The official said that there are hundreds of consumers in the old town area of the district who have not paid any power dues for the last several years in the old town. He said that the defaulters include those who have not deposited electricity dues for 6 months to 10 years despite several notices.

The official added that at least 697 consumers have not paid their dues for the last several years, while around 130 consumers have availed of an amnesty scheme to date.

ADG BSF reviews security situation along International Border in Jammu

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JAMMU, Nov 15: BSF Additional Director General, Western Command, P V Rama Sastry has reviewed the security situation, including challenges related to drone activities and smuggling, along the International Border here with Pakistan, officials said.
Sastry, on his arrival in Jammu from Chandigarh on Monday, was welcomed by top officers led by Border Security Force (BSF) Inspector General Jammu Frontier D K Boora. He is on three-day visit.
Boora gave a detailed presentation to the additional director general (ADG) on the critical aspects, including those related to security, of the IB, officials said.
He described the general security scenario of the area covering the deployment pattern of BSF battalions and their robust domination aspects on the border, they said.
Boora also informed Sastry about the challenges being faced by the BSF, including tunnelling, drone activities and cross-border smuggling by the anti-national elements, the officials said.
Sastry also called on the Lieutenant Governor Manoj Sinha at the Raj Bhavan here and briefed him about the current security scenario on the IB in the Jammu frontier, they said.
The ADG felicitated and awarded students of the BSF Senior Secondary and Primary School in Paloura who performed well in academics and sports.
Sastry also visited frontier campuses and offices. He will visit Jammu border areas. (Agencies)

Modi interacts with Biden, Sunak and Macron on sidelines of G20 summit

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Bali, Nov 15: Prime Minister Narendra Modi had informal interactions with US President Joe Biden, UK Prime Minister Rishi Sunak, French President Emmanuel Macron and several other global leaders on Tuesday on the sidelines of the G20 summit here and exchanged views on a range of issues.
In an address at the G20 summit here, Modi said that climate change, the Covid-19 pandemic, the developments in Ukraine and the global problems associated with it have caused havoc in the world and rued that the global supply chains are in “ruins”.
Referring to India’s upcoming G-20 presidency, Modi said he was confident when the leaders of the grouping meet in the “holy land of Buddha and Gandhi, we will all agree to convey a strong message of peace to the world.” “PM @narendramodi and @POTUS @JoeBiden interact during the @g20org Summit in Bali,” the Prime Minister’s Office said in a tweet.
Modi also met UK’s Prime Minister Sunak, their first face-to-face interaction since he assumed power last month.
“Prime Ministers @narendramodi and @RishiSunak in conversation during the first day of the @g20org Summit in Bali,” the PMO said in another tweet.
“A brief discussion at the start of the @g20org Summit with President @EmmanuelMacron,” the PMO tweeted.
Modi is scheduled to hold wide-ranging talks with Sunak and Macron, apart from holding a meeting with host country’s president Joko Widodo on Wednesday.
He met Senegal President and Chairman of the African Union Macky Sall.
“@narendramodi interacted with President @Macky_Sall, the President of Senegal and Chairman of the African Union. @PR_Senegal,” the PMO said in another tweet.
Modi also met Netherlands President Mark Rutte.
“Multilateral summits present wonderful opportunities for leaders to exchange views on diverse issues. Prime Ministers @narendramodi and Mark Rutte interact during the @g20org Summit in Bali. @MinPres,” the PMO added.
India will assume G20 Presidency for one year, beginning December 1, 2022. The G20 comprises 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the USA and the European Union (EU). (Agencies)

Tehsildar held in graft case in Jammu

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JAMMU: A revenue officer in Bahu Tehsil of Jammu district was arrested by Anti-Corruption Bureau while accepting Rs 50, 000 from a complainant.

An official told that Rohit Sharma, Tehsildar Bahu had demanded a bribe of Rs 1 lakh from a person for issuing fard in his favour. He said that ACB received a complaint that a person living in R S Pura had bought land in City South and applied for a fard in respect of the land.

“Tehsildar demanded a bribe of one lakh while the deal to give Rs 50, 000 has been workout between the officer and the complainant. The complainant meanwhile approached the ACB and lodged a complaint against the officer for demanding a bribe,” he said.

He added that the ACB laid a trap and in the evening, signalled the complainant to visit his office on Monday.

“The complainant handed over Rs 50,000 to the officer. Soon as the bribe amount was given to Tehsildar, the ACB team that was already present there in civics entered the office and caught him red-handed,” he said. He further said that after apprehending Tehsildar, ACB raided his office and residence to collect evidence.

More investments in J&K since abrogation of Article 370: Hardeep Singh Puri

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Srinagar, November :

Union Minister for Petroleum Hardeep Singh Puri on Monday said people had been investing in J&K because of the Central Government’s “farsighted decision” to remove the bottleneck of Articles 370 and 35A. He said the PM’s commitment to the development of J&K was turning into a reality and the work had been in full swing. “Central schemes directly benefit people and I am glad that the work is going on at the ground level,” he said in Srinagar.

Highlighting the development works, he said 25 new highway projects costing Rs 11,721 crore had been sanctioned, 168 MoUs amounting to Rs 13,600 crore signed, seven new medical colleges sanctioned with medical seats increasing from 500 to 955, world’s highest railway bridge being constructed in J&K, Vande Bharat Express in operation from Jammu to Delhi and the tourist footfall had also been increased in the Union Territory. He further said some 12 lakh LPG connections had been provided under the Pradhan Mantri Ujjwala Yojana and 50,000 houses sanctioned under the PMAY-U.

On fuel prices, he said the Central Government was ready for bringing petrol and diesel under the GST regime but it was unlikely that the states would agree. “If the states make the move, we are ready,” Puri said.

The minister, however, pointed out it was unlikely that the states would agree to such a move as liquor and energy were revenue generating items for them.

The Union minister said the Kerala High Court had suggested that the issue be placed before the Goods and Services Tax (GST) Council for discussion at its last meeting in Lucknow. “The finance minister of that state did not agree…,” he said.

He said the petroleum prices had seen a sharp rise from July 2021 to August this year, recording 43% to 46% increase in the United States and Canada. India witnessed only 2% increase during that period, he said. “When many countries are witnessing fuel shortage and inflation, there is no shortage of fuel in India even in its remotest corners,” Puri said.

At a meeting, the minister said application of modern technology for solid waste management was the need of the hour and Srinagar would be among the cities where such strategies would be adopted on a priority basis.

Launching a scathing attack on the Congress, the Union minister said the decision of Jawaharlal Nehru to take the Kashmir issue to the international forum was a “monumental blunder”. (With PTI inputs)

Two IEDs detected, defused in Jammu: Police

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JAMMU: A major tragedy was averted by Jammu and Kashmir Police last night after they detected and defused two Improvised Explosive Devices (IEDs) with timers near Phallian Mandal in Jammu district

A top police officer told that the IEDs were found inside a black-coloured backpack lying near Phallian Mandal police post under Satwari Police Station in Jammu last evening. “The IEDs were recovered during routine searches.”

Subsequently, the officer said, a Bomb Disposal Squad was summoned and the devices were defused without any damage to life or property.

He said a case (FIR No. 211/2022) under section 4/5 explosives act 18/20 UAP Act has been registered in this regard. “Investigation has been taken up and police is working to nab the accused involved in it.” Meanwhile, sources said that security has been also beefed up in the Jammu district.