Operational independence of J-K Bank will remain key objective of admin: Governor Satya Pal Malik

Operational independence of J-K Bank will remain key objective of admin: Governor Satya Pal Malik

Jammu and Kashmir Governor Satya Pal Malik on December 4 allayed fears of J&K bank employees and said safeguarding the autonomy and operational independence of the institution would remain the key objective of the state administration. Malik gave the assurance to a delegation of bank employees who called on him here, an official spokesman said. Last month, the State Administrative Council (SAC) headed by the governor approved a proposal for treating the J&K Bank Limited as a PSU, bringing it under the purview of the Right to Information Act, the…

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Urjit Patel: An RBI governor who doesn’t talk but acts

Urjit Patel: An RBI governor who doesn’t talk but acts

Raghuram Rajan had taken over as governor of the central bank in the world’s fastest-growing major economy in the thick of the taper tantrum in September 2013 when the local currency was depreciating every day against the dollar and inflation was in double digits. His predecessor D Subbarao had witnessed the collapse of iconic US investment bank Lehman Brothers a few days after he had taken over, leading to the transatlantic financial crisis. In contrast, Urjit Patel, the Reserve Bank of India’s (RBI’s) 24th governor who completes first year in…

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Ayurveda Should be Included in Mainstream Medical Care: HP Governor

Ayurveda Should be Included in Mainstream Medical Care: HP Governor

Himachal Pradesh Governor Acharya Devvrat today said keeping in view the increasing burden of existing and emerging diseases, and gaps in modern medicines, there was a dire need to include indigenous systems in mainstream medical care. “Ayurveda has identified congenital factors and is science of life. The role of this medicine in management of the disease had been limited to the minimum,” he said at the closing ceremony of the three-day State level Arogya Fair here. The fair was jointly organised by the State Ayurveda department, Ministry of AYSUH and…

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