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World Bank allows India to construct Kishanganga, Ratle projects in J&K

Washington, August 2 : India is allowed to construct hydroelectric power facilities on tributaries of the Jhelum and Chenab rivers with certain restrictions under the 1960 Indus Waters Treaty (IWT), the World Bank has said. The World Bank’s comments came as officials from India and Pakistan concluded the secretary-level talks over the IWT. Pakistan opposes the […]

Sidhu asks CM to take call on recovery of ‘tax evasion’ by Fastway

Chandigarh, August 2 : Local Bodies Minister Navjot Singh Sidhu on Wednesday asked the Chief Minister’s Office to take a call on the recovery of alleged tax evasion of Rs 20,000 crore by Fastway Transmissions Private Limited. Addressing a press conference here, Sidhu quoted the rough figures provided by Supreme Court advocate Vineet Bhagat. Hinting […]

RBI cuts key rate by 0.25 points; to lower home, auto EMIs

New Delhi, August 2 : The Reserve Bank on Wednesday slashed benchmark lending rate by 0.25 basis points to 6 per cent citing reduction in upside risk to inflation, a move that will lower EMIs for home, auto and personal loans. This is the first rate cut since October 2016 and the interest rate is […]