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PM Modi to attend SCO Summit in China later this month

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PM Modi's three-nation visit to Europe called off

Beijing, Aug 06: Prime Minister Narendra Modi is set to travel to China to attend the Shanghai Cooperation Organisation (SCO) Summit to be held in Tianjin City from August 31-September 1, reports cited on Wednesday. This will be PM Modi’s first visit to China since the Galwan clash in 2020, which severely strained bilateral ties.

PM Modi had earlier travelled to China in 2019. He also held a meeting with the Chinese President Xi Jinping on the sidelines of the BRICS Summit in Russia’s Kazan in 2024.

The breakthrough in bilateral talks, first after the Galwan Valley face-off between the soldiers of the two countries at the Line of Actual Control (LAC) in June 2020, was made possible after New Delhi and Beijing reached an agreement on patrolling along the nearly 3500-km Line of Actual Control (LAC) to end the four-year-long border confrontation.

In July, External Affairs Minister (EAM) S Jaishankar’s visited China to attend the Meeting of the SCO Council of Foreign Ministers in Tianjin. He also held discussions with his Chinese counterpart Wang Yi on the sidelines of the event. He also called on Chinese President Xi Jinping along with his fellow SCO Foreign Ministers.

Earlier in June, Defence Minister Rajnath Singh visited China to attend the SCO Defence Ministers Meeting. India had refused to endorse the joint declaration at the SCO Defence Ministers’ meeting, citing the exclusion of concerns around terrorism as a key reason.

India stated that it wanted concerns about terrorism reflected in the document, which was not acceptable to one particular country; therefore, the statement was not adopted. During his visit, Singh met his Chinese counterpart Admiral Don Jun and the two leaders had “constructive and forward looking exchange of views on issues related to bilateral ties.

National Security Advisor (NSA) Ajit Doval also visited China to attend the 20th meeting of the Security Council Secretaries of the SCO Member States in Beijing. In his intervention at the meeting, he highlighted the need to shun double standards in the fight against terrorism and take decisive actions against UN-proscribed terrorists and entities like LeT, JeM and their proxies and dismantle their terror eco-systems.

The SCO is a permanent intergovernmental international organisation established in Shanghai on June 15, 2001. The member states of SCO include India, Iran, Kazakhstan, China, Kyrgyzstan, Pakistan, Russia, Tajikistan, Uzbekistan and Belarus.

Greater Kashmir

26 per cent of Rs 70 crore went to 5 dailies

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J&K govt's print ad spend raises eyebrows: 26% of Rs 70 crore went to 5 dailies

Srinagar, Aug 6: The Jammu and Kashmir administration led by Lieutenant Governor Manoj Sinha spent at least 70 crore on print advertisements between April 2022 and October 2024, according to an analysis of two Right to Information (RTI) replies accessed by Newslaundry.

The data points to a highly skewed distribution pattern, with just five newspapers cornering more than a quarter of the total ad spend.

The analysis, as per Newslaundry is based on two RTI applications submitted by citizens in Srinagar.

The first, filed by Mohammad Iqbal Wani, editor-in-chief of Iqbal E Kashmir, provided details of government advertising given to 147 newspapers between April 2023 and October 2024.

The second, submitted by Bilal Ahmad Mir, offered data on ads issued to 140 newspapers from April 2022 to March 2023.

As the RTI responses listed only the size of ads in centimetres, Newslaundry calculated the approximate value by applying the lowest government-approved rates, which start at 75 per cm for black-and-white inner page ads. Premium rates go up to 135 per cm for colour ads on front pages, reported the news portal.

Top Gainers

The top five beneficiaries, based on estimated ad revenue, were:

Rising Kashmir – 7.73 crore

Aftab Daily – 3.7 crore

Srinagar News – 2.5 crore

Kashmir Images – 2.26 crore

Kashmir Monitor – 2.1 crore

These five — three English and two Urdu dailies — collectively received 26% of the total spending, highlighting a concentration of government advertising funds among a select few.

Greater Kashmir

Trump imposes additional 25 pc tariffs on Indian imports

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Trump tells BBC he is 'disappointed but not done' with Putin, backs NATO and UK ties

Washington, Aug 06: US President Donald Trump on Wednesday announced that he has signed an executive order imposing an additional 25 per cent tariff on imports from India, citing the country’s continued purchase of Russian oil.

The White House said the decision is aimed at strengthening measures taken under earlier sanctions against Russia following its actions in Ukraine. The US President had announced a 25 per cent tariff on India last week.

The order states that India is directly or indirectly importing oil from Russia, which the US considers a threat to its national security and foreign policy.

“Accordingly, and as consistent with applicable law, articles of India imported into the customs territory of the United States shall be subject to an additional ad valorem rate of duty of 25 per cent,” the order reads.

The new tariffs will be applied to all eligible Indian goods entering the US from 21 days after the order’s signing, except for shipments already in transit before the deadline and cleared before September 17.

“Subject to section 3 of this order, this rate of duty shall be effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12.01 a.m. Eastern Daylight Time 21 days after the date of this order, except for goods that (1) were loaded onto a vessel at the port of loading and in transit on the final mode of transit prior to entry into the United States before 12.01 a.m. Eastern Daylight Time 21 days after the date of this order; and (2) are entered for consumption, or withdrawn from warehouse for consumption, before 12.01 a.m. Eastern Daylight Time on September 17,” the order added.

These duties will be in addition to existing tariffs unless the goods fall under certain exemptions, including specific categories outlined in earlier trade executive orders.

Goods subject to this order must also follow strict customs rules, including being admitted into US foreign trade zones under “privileged foreign status”.

Trump has retained the authority to modify the order based on changing circumstances, retaliation from affected countries, or significant policy shifts by Russia or India.

The order also directs the US Commerce Department, State Department, Treasury, and other agencies to monitor other countries’ oil trade with Russia and recommend similar actions, if necessary.

Greater Kashmir

PM Modi to flag off Vaishno Devi Katra-Amritsar Vande Bharat train on Aug 10

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PM Modi to flag off Vaishno Devi Katra-Amritsar Vande Bharat train on Aug 10

New Delhi, Aug 06: Prime Minister Narendra Modi will virtually flag off a Vande Bharat Express train service between Amritsar in Punjab and Shri Mata Vaishno Devi Katra in Jammu and Kashmir on August 10, the Jammu Rail Division said on Wednesday.

“The Vande Bharat train will provide a comfortable and faster travel experience to the passengers going to Shri Mata Vaishno Devi Katra,” Uchit Singhal, senior divisional commercial manager, Jammu Division, said.

“Vande Bharat train No. 26406 will run from Shri Mata Vaishno Devi Katra to Amritsar while train No. 26405 will run from Amritsar to Shri Mata Vaishno Devi Katra six days a week except Tuesday,” he added.

According to a press note shared by Jammu Division, train No. 26406 will depart from Katra at 6:40 am and reach Amritsar at 12:20 pm, with stops at Jammu, Pathankot Cantt, Jalandhar City, Vyas etc.

The same train numbered 26405 will depart from Amritsar at 4:25 pm and reach Katra at 10 pm.

“The train will benefit passengers who plan to visit the Shri Mata Vaishno Devi shrine. It will take less time to cover the distance due to its advanced features,” Singhal said.

Greater Kashmir

Ahmad and Haris Khan Charitable Trust condoles sad demise of its Director on Board G A Peer

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Ahmad and Haris Khan Charitable Trust condoles sad demise of its Director on Board G A Peer

Srinagar, Aug 06: Ahmad and Haris Khan Charitable Trust has condoled the sad demise of G. A. Peer, former Secretary/Commissioner, who was also on board of the Trust for the last 10 years.

Chairperson of the Trust Mehbooba Khan expressed profound sorrow at the passing away of the fellow member G.A. Peer, who immensely contributed to the success of the Trust.

“G. A. Peer Sahib was an outstanding bureaucrat and worked tirelessly as one of eminent board members of the Trust. He loved to work close to the people and was always keen to extend helping hand to the poor and needy and alleviate their problems and suffering. His high level of integrity, intellect, knowledge and hard working nature will remain a constant guiding force for us in rendering services to the people of this region,” Mehbooba Khan expressed.

Mohammad Yousuf Khan (M Y Khan), one of the Trustees of the Ahmad and Haris Khan Charitable Trust has also expressed his deep sympathies with the bereaved family. “It’s a huge personal loss to me. His exemplary contribution to J&K’s bureaucratic governance will always be remembered and his passion for social service as one of the valuable board members of the Trust will continue to remain a beacon light for us to achieve our objective of serving to the poor and needy for all times to come,” said M Y Khan.

Greater Kashmir

CM Omar Abdullah meets public at Raabita Outreach Office

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CM Omar Abdullah meets public at Raabita Outreach Office

Srinagar, Aug 06: A number of delegations and public representatives called on Chief Minister Omar Abdullah at Raabita office here today to discuss a wide range of issues concerning public infrastructure, traders’ issues, higher education, and opportunities for technocrats.

The day’s engagements began with a meeting of Members of the Legislative Assembly—Farooq Ahmad Shah (Gulmarg), Sajjad Shafi (Uri), Irshad Rasool Kar (Sopore), Shafi Ahmad Wani (Beerwah), and Pawan Gupta (Udhampur West)—who apprised the Chief Minister of various constituency-specific issues requiring immediate attention.

Subsequently, a delegation from the Traders Federation of Shopian raised concerns of the local business community. They sought the government’s intervention to resolve logistical challenges and improve market access for Shopian-based enterprises.

A separate delegation from the School of Architecture, Kashmir, met the Chief Minister to highlight the lack of job opportunities for architects in Jammu and Kashmir. They urged the government to create posts and integrate architectural expertise for urban development planning.

A deputation representing transporters and shopkeepers of the Old Batamaloo General Bus Stand also met the Chief Minister. They demanded the revival of commercial activity along with basic civic restoration at the Batmaloo.

The Chief Minister also held a separate meeting with former Minister and senior political leader Sajjad Ahmed Kitchloo, who discussed the developmental scenario in the Chenab Valley.

Scores of individuals also called on the Chief Minister and apprised him of various personal and public concerns.

The Chief Minister gave a patient hearing to all delegations and assured that the issues raised would be appropriately addressed through the concerned departments.

Greater Kashmir

Develop skills, don’t rely on tech alone for Jobs

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Develop skills, don’t rely on tech alone for Jobs

Srinagar, Aug 06: As artificial intelligence continues to transform industries at breakneck speed, Microsoft co-founder Bill Gates has cautioned Gen Z that basic familiarity with AI tools won’t be enough to ensure job stability. While Gates acknowledges that AI can be “exciting and empowering,” he also points to its disruptive impact—especially on entry-level positions that are rapidly being replaced by automation.

“Embracing [AI], and tracking it, will be very, very important,” Gates said. “That doesn’t guarantee we’re not going to have a lot of dislocation.”

Despite growing emphasis on AI skills, many recent graduates are finding it increasingly difficult to break into the job market, which is becoming more competitive and less forgiving. Gates urges young professionals to stay curious and open to innovation, but he admits that even adaptability may not fully protect them from job displacement.

The unemployment rate for recent college grads has climbed above 6% over the past 12 months ending in May, while the overall national unemployment rate hovers around 4%.

AI replacing entry-level work is already being felt across all industries. At global investment firm Carlyle, previous entry-level hires who evaluated deals used to turn to Google for articles and request documents manually. Now the work is being done by AI, and the firm is shifting toward hiring junior-level employees who can ensure the work is accurate.

With companies leaning more heavily on automation, traditional entry-level roles that once served as stepping stones are disappearing—leaving many newcomers without a clear path forward. For Gen Z entering the workforce, the career game is shifting. In times of economic uncertainty, many younger workers are reveling in the security of blue-collar work and roles rooted in human connection like education or social work, creativity, and skill work.

 

Greater Kashmir

Gold rises Rs 200 to Rs 99,020/10 g; silver climbs Rs 500

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Gold halts record rally, drops Rs 2,400 to Rs 99,200 per 10 g amid easing US-China tensions

New Delhi, Aug 06: Gold prices rose Rs 200 to Rs 99,020 per 10 grams in the national capital on Wednesday due to continuous buying by stockists, according to the All India Sarafa Association.

The precious metal of 99.9 per cent purity had finished at Rs 98,820 per 10 grams in the previous market session.

In the national capital, gold of 99.5 per cent purity increased Rs 100 to Rs 98,600 per 10 grams (inclusive of all taxes) on Wednesday. It had closed at Rs 98,500 per 10 grams on Tuesday.

“Gold traded with a moderate positive bias on Wednesday as safe-haven demand continued to push precious metals higher,” Saumil Gandhi, Senior Analyst, Commodities at HDFC Securities, said.

US President Donald Trump on Tuesday issued fresh tariff threats on pharmaceutical imports. He said the tariffs would start off small but could rise up to 250 per cent over time.

Additionally, Trump indicated that an announcement regarding tariffs on semiconductors and chips would be forthcoming.

“This tariff-related uncertainty added a risk premium on precious metals,” Gandhi said.

As per Sarafa Association, silver prices climbed Rs 500 to Rs 1,12,500 per kilogram (inclusive of all taxes) on Wednesday. The white metal had ended at Rs 1,12,000 per kg in the previous market close.

Traders will monitor speeches by Federal Reserve members later in the day, which will provide further guidance on the trajectory of the bullion prices, he added.

Spot gold slipped USD 17.51 or 0.52 per cent to USD 3,363.35 per ounce in New York.

“Gold prices were weak as price as the precious metal prices in the international markets saw weak cues below USD 3,360 per ounce with dollar index showed positive rally in last few days,” Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities, said.

On the international front, spot silver fell 0.12 per cent to USD 37.76 per ounce.

“Trade tensions continue to escalate as President Trump has threatened to impose tariffs of up to 35 per cent on the EU, if they fail to meet their commitments.

“Meanwhile, investors are closely monitoring US trade negotiations with other countries, as any new tariffs could further weigh on the economy, driving inflation higher, and in turn, support gold prices,” Abans Financial Services CEO Chintan Mehta said.

Greater Kashmir

White Knight Corps GOC reviews security in J&K’s Poonch

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White Knight Corps GOC reviews security in J&K's Poonch

Jammu, Aug 06: General Officer Commanding (GOC) of Army’s White Knight Corps, Lt Gen P K Mishra, on Wednesday conducted a review of security situation in border district of Jammu and Kashmir’s Poonch, reinforcing focus on operational dominance and integrated threat response to thwart “nefarious designs” of the enemy.

Lt Gen Mishra was accompanied by GOC, Ace of Spades Division, also known as 25 Infantry Division, Maj Gen Kaushik Mukherjee, during the visit to the areas along the Line of Control (LoC) under the Poonch brigade, officials said.

“He (Lt Gen Mishra) was briefed on the current security situation, threat assessment and operational posture of own forces (during the visit),” Jammu-based White Knight Corps said in a post on X.

It said the GOC of White Knight Corps reinforced focus on operational dominance and integrated threat response to thwart “nefarious designs” of the enemy.

“The Corps Commander interacted with troops, commended their high morale and operational readiness in the face of evolving threats,” the post said.

Greater Kashmir

Anti-terror operation in J&K’s Kulgam enters 6th day

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Encounter breaks out in south Kashmir's Kulgam

Srinagar, Aug 06: The anti-terrorist operation in Jammu and Kashmir’s Kulgam district entered the sixth day on Wednesday as security forces continued to battle the ultras hiding in the deep forest area.

A senior police official said the security forces were using all means, including drones and helicopters, to track down the terrorists in the difficult terrain in the forest area.

“The operation has entered its sixth day and is going on,” the official said, adding intermittent exchange of firing is going on.

Two terrorists have been killed while at least two security forces personnel were injured in the gunfight which began on Friday after security forces launched a cordon and search operation in a forest area at Akhal in the south Kashmir district, following specific intelligence inputs about the presence of terrorists there.

After an initial exchange of fire between the two sides on Friday evening, the operation was halted for the night, but the cordon was strengthened, and additional reinforcements were rushed to the area, officials said.

Firing resumed on Saturday morning, during which the two terrorists were killed, they said.

The identity and group affiliation of the slain terrorists has not been ascertained so far, they added.

Greater Kashmir

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