3 Pak banks keen on India branches, but no application yet

LAHORE: India has not received any formal application from Pakistan banks to set up branches, though three of them, including Muslim Commercial Bank, have showed interest, a senior official said. “Central banks of both the sides have in-principle agreed to permit banks to set up branches. Three Pakistan banks, including Muslim Commercial Bank, have expressed […]

Pandits’ Return

Migrant Pandits have rightly rejected the government’s idea of outsourcing their rehabilitation in the Valley to a society. But several organizations claiming to speak on behalf of the displaced community continue to pursue the demand for “a separate homeland with constitutional guarantees” within the Valley.  Their self-styled leaders, especially those who subscribe to the RSS […]

We are missing out on IPL experience: Hafeez

KARACHI: Pakistan’s T20 captain, Mohammad Hafeez feels the PCB should sort out the issue of Pakistani players not being allowed to play in the cash-rich Indian Premier League (IPL). “It is strange that for years now Pakistani players have not been allowed to play in the IPL. Because it is a world class league and […]

Pakistan stops issuing NOCs for screening of Indian films

KARACHI: Pakistani authorities have stopped issuing “No-Objection Certificates” for the screening of Indian films, holding up the release of new movies like ‘Gunday’ and ‘Hasee Toh Phasee’. The Federal Information and Broadcasting Ministry has told distributors and exhibitors of Indian films that it is processing new laws and regulations and NOCs will not be issued […]

2005: India, Pak Agree on Cross-LoC Bus Service

India and Pakistan agreed on February 17, 2005, to run buses across the Line of Control that divides Kashmir. The accord was most significant since the nuclear-armed powers began negotiating early the previous year to end more than half a century of conflict, much of it turning on the status of Kashmir. It was one […]

For a change, KU refuses to entertain short-of-attendance students

SRINAGAR: Time for bunking and taking rules for a ride may be over for the college students in Kashmir with Kashmir University (KU), for the first time, going tough on those falling short of attendance. Hundreds of first year undergraduate students will not be able to appear in their upcoming annual examination for they didn’t […]

Bank hiring touches 3 lakh in 4 years: IBA

MUMBAI: State-run banks hired nearly 3 lakh personnel, including over 94,000 officers, in the last four years, according to data released by industry lobby IBA. The public sector banks hired 2,97,896 staff between April, 2009 and August, 2013, the Indian Banks Association (IBA) said, while refuting the reports that banks have gone slow or are […]

Bajaj offers Rs 10,000 hike to Chakan factory workers

MUMBAI: Amidst talks between unions for resolving the wage revision issue at Bajaj Auto’s Chakan unit, the company on Sunday said it has decided to give a hike of Rs 10,000 per month in a phased manner to workers at the plant. Even as a meeting between the employees union at Chakan and the Shramik […]

India records peak power deficit of 4 percent: CEA

NEW DELHI: Country’s peak power deficit — shortfall in electricity supply when the demand is at the maximum point — was 5,378 MW or 4% last month. The deficit was much lower than recorded in January 2013. According to the latest data by the Central Electricity Authority (CEA), the total peak power demand in the […]

MLAs allege discrimination in sanctioning of medical colleges

Jammu: Opposition members Sunday  raised the issue of discrimination in the setting up of medical colleges in the state in the Jammu and Kashmir Assembly, forcing the Speaker to adjourn the House briefly. PDP member Zulfilkar Hussain raised the issue of discrimination in the sanctioning of four medical colleges by the Centre and called for […]