TOP STORY OF THE DAY |
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| J&K Bank mostly prefers non-state subjects for loans, other credit facilities | | 59 percent goes to corporates, meager 17 percent to locals | | | Syed Junaid Hashmi
JAMMU, Sept 11: While extending loans and other credit facilities, Jammu and Kashmir Bank has given far-reaching preference to non-state subjects especially corporate houses over local business entrepreneurs and small unit holders.
Bank has cited credit risk as reason for not extending hassle free loans to state subjects and maintained that it has only small portion of credit mix directly exposed to credit risks from political disturbances in the state. Figures released indicate that 59 percent of the bank's loan book as of financial year 2011 is outside the state of Jammu and Kashmir, of which 57.5 percent is towards corporates.
These revelations have been made by Angel Broking, a respected national stock-broking and wealth management company, in its credit report of Jammu and Kashmir Bank released on August 9, 2011. The report is based on technical and derivative analysis centered on studying charts of a stock's price movement, outstanding positions and trading volume, as opposed to focusing on a company's fundamentals and, as such, the report may not matc... | |
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FRONT PAGE STORIES |
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| Delhi HC terror email: Parents of detained youth slam police, media | | NIA team leaves Kishtwar with seized hard disks, CPU | | | Asif Iqbal Naik
KISHTWAR, Sept 11: Investigating agencies and media have been slammed by the parents of the youth detained in connection with the Delhi high court terror email traced to global internet cyber cafe in the town here. Ashwani Kumar, an employee of the cyber cafe, and Shoaib Mushtaq (18) were detained after the email was traced to Kishtwar.
Ashwani's father Hukum Chand, who runs a teastall here, said his son was not an employee of the cyber cafe as was being claimed by police and media.
He said cyber cafe owner Mehmood Khawaja was a regular visitor to his shop. "As my son was interested in doing a course in computer education, Khawaja promised to teach him if he sat in the sh... | |
| | | | Wikileaks spares central govt; also forgets CMs promoting land grabbing, loot | | | | Early Times Report
JAMMU, Sept 11: Wikileaks has not spared anyone. From deported Pakistani General Musharraf to flip-flop separatist Mirwaiz Umer Farooq, all have been exposed in one way or the other but surprisingly it is silent over `misdeeds' of the government of India.
About Mayawati, the Wikileaks quoting Bahujan Samaj Party (BSP) general secretary Satish Chandra Misra said Uttar Pradesh Chief Minister Mayawati was corrupt. Satish has strongly contested the report. "Well, Mayawatiji took oath as the chief minister on May 13, 2007, and the Wikileaks cable is purported to have been sent barely two weeks after that... can you imagine anyone in my position making that kind of a statemen... | |
| | | | Equitable development or equitable neglect? Omar must ponder | | | | Early Times Report
JAMMU, Sept 11: While his government cannot fill potholes on city roads, the Jammu and Kashmir Chief Minister Omar Abdullah Sunday said his government is striving for equitable development of all regions of the state and the amelioration of general public is the most important part of the development policy.
A cursory look at the city roads in many parts of Jammu and Srinagar shows their appalling condition. Pedestrians and motorists have to walk and drive cautiously not to fall into uncapped manholes , vehicles take bumps strong enough to dislodge the kidney stones of patients and we have an unmindful Chief Minister talking of equitable development for far flung areas ... | |
| | | | Sense of alienation in Kashmir too deep, says Wajahat Habibullah | | The Dying Of The Light | | | Rustam
JAMMU, Sept 11: Former bureaucrat and the so-called expert in Kashmir affairs Wajahat Habibullah, who once recommended creation of five regional assemblies in the state, two each in Jammu and Ladakh and one for the Kashmir, has come out with a new book dealing with the circumstances leading to the "conflict in Kashmir". He has also suggested a solution to the Kashmir issue. The book is titled "My Kashmir: The Dying of the Light". It was published by Penguin Books this month.
I have not studied this book so far. I have read only what he told media persons the day before yesterday, which was carried by a section of print media. Hence, it would not be possible for me make an elaborate... | |
| | | | Bhim forgets Agenda 2011, PP back to square one | | Dogras' Empowerment | | | Neha
JAMMU, Sept 11: It was in January this year that the Jammu and Kashmir National Panthers Party (PP) of Bhim Singh adopted with much fanfare Agenda 2011. It was adopted after due deliberations and it was indeed a very comprehensive Agenda.
"No truck with Kashmir and Kashmiri leadership. Enough is enough. Kashmiri leadership has converted Jammu into a colony. Kashmiri leadership has destroyed Jammu socially, culturally, politically and economically and the Jammu leadership has always sided with the Kashmiri leadership to jeopardize the Jammu's general political and economic rights. The Jammu leadership has played foul with Jammu to promote its self-interests. New Delhi has abandoned Ja... | |
| | | | Who will the Dogras of Jammu vote for in future? | | | | Early Times Report
JAMMU, Sept 11: We are a democratic nation, with the right to return to the assembly and parliament persons of our choice. We expect our representatives to take up our cause in the assembly or parliament and help the respective governments to evolve and implement policies that take care of our legitimate aspirations and general civil, political, economic and social rights and interests.
Jammu & Kashmir is part of the system that empowers people to elect a government of their choice and return to the assembly persons through whom they want to be represented. The people of Kashmir, barring those who quit the valley in early 1990 to save their lives and dignity and preserv... | |
| | | | Omar leaves for cold desert | | | | JAMMU: Chief Minister Omar Abdullah today ledft for 6-day tour of Ladakh by road. He will not be able to tweet till he returns, he informed in a tweet this morning.
Official sources said the Chief Minister headed to Drass and Kargil via road early sunday morning and after a night halt at one of the places the CM is expected to visit Zanskar during his week long visit of the Ladakh region.
Omar, who was present in New Delhi in connection with the meeting of the National Integration council, reached Srinagar early morning and after a brief halt headed straight to Drass and Kargil.
Before leaving for his six day long trip out of the summer capital Omar wrote on the micro blogging socia... | |
| | | | Sarpanch alleges humiliation by police | | | | UDHAMPUR: The sarpanch of Bain in Chenani here today alleged that he and panchs of his panchayat were humiliated, abused and harassed by the SHO of Chenani police station.
Talking to media here, Bain sarpanch Rakesh Chand Anthal said he and panchs gathered outside the village school building to oppose its inauguration by the MLA concerned.
He said they were against the inauguration ceremony because the school building was "unsafe" as its lantern had collapsed few days back.
However, before they could bring the matter to the notice of the MLA, Chenani police station SHO reached there and allegedly abused them, asking them to leave the spot, he added.
Anthal alleged that the SHO threatene... | |
| | | | Appeal to Hon'ble speaker by Shri Chaman Lal Gupta BJP MLA | | | | Sir,
I had raised a question during the last session of the state assembly seeking a reply from the government regarding the decision to stop government advertisements to the daily Early Times published from Jammu.
I had also spoken about the highhandedness of the government and its arbitrary, whimsical dispensation regarding distribution of official advertisements to the various newspapers published in the state.
Despite repeated requests, the state government did not come forward with any reply to my question and the result has been that through its decision to ignore my question the state government has covertly accepted that it does not have a reasonable answer to my question.
Hon'b... | |
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