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“Pahalgam Attack Was A Major Setback To J&K: Farooq Abdullah

Srinagar, Apr 21: Former Jammu and Kashmir chief minister Farooq Abdullah on Tuesday termed the Pahalgam terror attack a major setback for Jammu and Kashmir as he paid tributes to those who lost their lives in the incident last year.
Speaking to reporters, Abdullah said he wishes to pay homage to all those who were killed, particularly those who stood up against terrorism.
Commenting on the proposed second round of US-Iran talks, he expressed optimism that continued dialogue would eventually lead to peace, stating that there is no alternative to peaceful resolution.
“Multiple rounds of talks may take place, but peace will ultimately prevail. The world can only be saved through peace,” he said.
On the Women Reservation Bill, the NC president said his party is not opposed to reservation, recalling that the bill, when introduced in 2023, was passed with a majority. (KNC)

Acai Theory raises  Rs 4 crore in pre-seed funding

NEW DELHI, Apr 21:  Acai Theory, a health-focused quick service restaurant (QSR) brand, announced on Tuesday it has secured Rs 4 crore in a pre-seed funding round.
The investment was led by All In Capital and TDV Partners, with participation from angel investors, including Rinshul Chandra, former COO of Zomato Food Delivery; Harpreet Grover, founder of Curious Parent; Anurag Prasad, CEO of Visit Health; Harish Varadarajan, CEO of Fragaria; and others.
The fresh capital will support the company’s expansion, team building and brand visibility, as well as improvements to its supply chain and research and development. The company plans to open 8-10 stores in Bengaluru in 15-18 months, establish a central kitchen for consistent quality, and introduce AI-led tools to boost operational efficiency and scalability across outlets.
“With this capital, we are focused on growing our footprint in Bengaluru and setting up the right foundation to expand into other key markets. Our goal is to make ‘healthy indulgence’ an everyday choice, not an exception,” Rishav Ranjan and Akash Kyal, Co-founders of Acai Theory, said. (PTI)

PNB Housing Finance shares  jump 11 pc post Q4 earnings

NEW DELHI, Apr 21:  Shares of PNB Housing Finance on Tuesday jumped 11 per cent after the firm reported a 19 per cent rise in net profit in the March quarter.
The stock surged 11 per cent to Rs 1,006 on the BSE.
At the NSE, it climbed 11 per cent to Rs 1,007.
PNB Housing Finance on Monday reported a 19 per cent rise in net profit to Rs 656 crore in the March quarter.
The housing finance company promoted by Punjab National Bank, had earned a net profit of Rs 550 crore in the same quarter a year earlier.
Total income during the fourth quarter of the previous fiscal year rose to Rs 2,172 crore from Rs 2,037 crore in the year-ago period, PNB Housing Finance said in a regulatory filing.
The lender’s interest income in Q4 FY26 was higher at Rs 2,054 crore, as against Rs 1,906 crore in the same period a year ago.
Net interest income grew 11 per cent to Rs 813 crore at the end of March 2026 as against Rs 734 crore a year ago.
However, the net interest margin declined to 3.69 per cent from 3.75 per cent in Q4 FY25.
The gross non-performing assets (NPAs) eased to 0.93 per cent as against 1.08 per cent at the end of March 2025, it said. (PTI)

Welspun One leases 2.10 lakh sq ft of  warehousing space at JNPA SEZ to Indev Infra

MUMBAI, Apr 21:  Warehousing and industrial real estate platform Welspun One on Tuesday said it has leased 2.10 lakh sq ft of space at the JNPA special economic zone to Indev Infra for warehousing and allied logistics operations.
As part of the deal, Indev Infra will leverage the facility as a strategic hub to scale its Free Trade Warehousing Zone (FTWZ) capabilities, Welspun One said in a statement.
Indev has expertise in developing and operating FTWZ units.
The Grade A+ facility will deliver end-to-end integrated logistics and warehousing solutions, Welspun One said, adding the development will offer a comprehensive suite of value-added services, including cold chain/temperature-controlled storage, vendor-managed inventory (VMI), and EXIM cargo handling.
With a project outlay of Rs 2,700 crore, WTC Nhava Sheva (JNPA SEZ) is being developed as an integrated ecosystem for warehousing, manufacturing and commercial operations, supported by NaBFID-backed financing and designed to enable large-scale, trade-led activity.
This strategic partnership reinforces Indev Infra’s footprint at a critical trade gateway, enhancing its ability to deliver seamless, port-linked supply chain solutions and support growing international trade flows across key markets, Welspun One said.
“WTC Nhava Sheva offers a strong platform for our next phase of growth in SEZ and FTWZ-led logistics. This partnership strengthens our ability to manage trade flows more effectively and deliver integrated, value-added logistics solutions to our customers,” said S Xavier Britto, Chairman, Indev Infra Pvt Ltd.
JNPA handles approximately one-third of India’s container traffic and is scaling toward a capacity of 10 million TEUs (twenty-foot equivalent units).
“Spread across 55 acres with a development potential of 4.45 million sq ft, the project is designed as an integrated, port-linked ecosystem,” said Neeraj Balani, Chief Customer Officer, Welspun One.
For Indev Infra, this provides a high-quality operating base with SEZ advantages such as duty efficiencies, faster clearances and operational flexibility, enabling them to scale efficiently, he added. (PTI)

Pak receives second tranche of  USD 1 bn loan from Saudi Arabia

KARACHI, Apr 21:  Pakistan has received the second and final tranche of USD 1 billion from Saudi Arabia, as part of a USD 3 billion aid package aimed at boosting its foreign reserves, the state bank said on Tuesday.
Last week, Saudi Arabia pledged USD 3 billion in deposits for Pakistan and extended its existing USD 5 billion facility for a further three years.
The State Bank of Pakistan (SBP) confirmed through a social media post that it has received the second tranche from Saudi Arabia, completing the USD 3 billion transaction after it received USD 2 billion last week.
“State Bank of Pakistan has received funds of USD 1 billion from Ministry of Finance, Kingdom of Saudi Arabia in the value date of 20 April 2026,” the bank said.
The fresh loan came after Prime Minister Shehbaz Sharif visited Saudi Arabia to push diplomatic efforts for promoting peace in West Asia.
With this, Saudi Arabia has become the single largest country to have placed a total of USD 8 billion in cash deposits with the central bank.
Riyadh agreed to make the deposit at a time when Islamabad had to return a USD 3.5 billion loan to the United Arab Emirates.
Pakistan returned USD 2 billion to the UAE last week, after it failed to secure an agreement with them to roll over the loan.
Pakistan is also seeking to keep its foreign exchange reserves stable with a USD 1.2 billion loan from the International Monetary Fund (IMF), but has to ensure that it meets the staff loan programme targets.
The country’s external account has come under pressure due to the conflict in West Asia, which has also led to strained relations with the UAE.
According to official figures, Pakistan’s foreign exchange reserves stood at USD 16.4 billion as of March 27, sufficient to cover close to three months of imports. (PTI)

Renewable energies overtook global electricity  demand last year, led by solar growth in China, India

WASHINGTON, Apr 21: Record growth in solar, especially in China and India, was a driving factor for clean energy sources surpassing the world’s strong demand for electricity in 2025, according to a new global power analysis.
Clean power generation grew 887 terawatt hours last year, exceeding overall global electricity demand growth of 849 terawatt hours, according to a report by energy think tank Ember, released after midnight Tuesday London time.
Ember analyzes electricity data from 215 countries, and studied 2025 data for 91 countries, which the firm says represents 93% of global demand.
Overall, the share of renewables – including solar, wind, hydropower and other clean energies – hit more than one-third of the world’s electricity mix for the first time in modern history last year, growing 33.8% to 10,730 terawatt hours.
It’s promising news for a world embattled by climate change that’s driven by the burning of fossil fuels such as coal, oil and gas to meet growing needs from economic growth, rising populations and electrification. The analysis is also especially timely amid a global energy crisis exacerbated by the US war in Iran.
In another historical first, coal power saw its share fall below one-third of global generation, dropping 0.6% to 63 terawatt hours.
“We’re coming from a period over the last few decades where new electricity demand growth meant growth in fossil generation,” said Nicolas Fulghum, Ember senior data analyst and lead author of the report. “We’re now moving into a world where that’s no longer the case.”
Also: “Milestones like renewables overtaking coal mark an occasion, but they don’t tell us everything about the story in the power sector,” Fulghum added. “The big difference to 10, 15 years ago, where governments were pledging a build out of renewables, is that now those pledges are much more believable.”
Solar and wind overall
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Solar, which grew 30% in 2025, alone met three-quarters of last year’s net rise in electricity demand – and combined with wind power generation, met 99% of it.
Though solar overtook wind power globally for the first time last year, and gained on nuclear power, Ember expects the two to overtake nuclear this year.
Meanwhile, fossil fuel generation essentially halted, and fell about 0.2% in 2025, or 38 terawatt hours – making last year one of only a handful of years without a rise this century.
Growth in battery storage accompanied the acceleration of solar around the world; as battery costs fell 45% last year, storage grew 46% in 2025. Ember estimates that enough battery capacity was added last year to shift 14% of the solar generation added from midday to other hours of the day.
That’s an important part of using solar generation beyond the daytime, when it can be collected.
So, “Despite the accelerated growth and electricity demand that comes with added electric vehicle build out, of heat pumps, industrial sector electrification,” Fulghum said, “clean power will be able to structurally meet that increase in demand going into the next few years, before then bending the curve and reducing the amount of fossil generation we’re using. And that is a stark departure from the last few decades.”
Regional impact
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Last year also marked the first time this century that both China and India – historically major contributors of fossil power – saw declines in fossil fuel generation. In China, the decline was 0.9%, or 56 terawatt hours, and in India, 3.3%, or 56 terawatt hours.
Instead, they’re “now aggressively pursuing a strategy of diversification through bringing renewables into the mix. And those are the sources that are the biggest drivers of change in their power system today,” Fulghum said.
China led the globe in solar, and is responsible for more than half of the world’s growth in both solar capacity and generation last year. China also accounted for most of the world’s rise in wind, with 138 terawatt hours added.
India, meanwhile, saw record increases in both solar and wind generation, along with strong hydropower output. In a reversal from fossil fuel generation increases – which for years, were driven by an economic rebound following the pandemic – India also saw lower-than-average demand growth.
The US and Europe added 85 terawatt hours and 60 terawatt hours, respectively, of solar last year as fossil fuels saw small increases.
President Donald Trump’s administration has placed pressure on industry leaders to boost coal, oil and gas production and reduced support for renewables; but in Europe, fossil generation is generally trending down. The analysis suggests that despite efforts attacking clean energy in the US, and war-related challenges, the transition continues to make headway around the world.
“As we’re seeing the cost of oil be incredibly volatile right now because of the war, I think more and more people are looking to that national security argument as a reason to think about how we electrify more and and how we’re able to take advantage of additional solar and wind, which does not rely on other countries,” said Alexis Abramson, dean of the Columbia University Climate School, who was not involved in the study.
“We’ve really crossed this important threshold that clean energy now can meet rising demand economically and at the same time really help address national security concerns,” she added. “The next challenge is really turning that into a steady decline of fossil fuel use as well. So it’s a great step in the right direction.” (AP)

LG unveils Statue Of Renowned Social Worker Shri Vijay Bahadur Singh In Ghazipur

Jammu, Apr 21: Lieutenant Governor Manoj Sinha on Tuesday called for building India which our freedom fighters once dreamed of and in which every section and every individual is part of the mainstream of progress.
“India is moving decisively towards becoming a developed nation. The goal of 2047 is not merely a date; it is a national resolve,” the Lieutenant Governor said.
The Lieutenant Governor was speaking at the statue unveiling ceremony of Shri Vijay Bahadur Singh, a well‑known social worker and the founder of Mahamandaleshwar Shri Bal Krishna Yati Inter College at Ghazipur, Uttar Pradesh.
Paying homage to Shri Vijay Bahadur Singh, the Lieutenant Governor that he discharged his duties without any expectation, served without any desire for fame, and built not for himself but for the coming generations.
The Lieutenant Governor emphasized that we must carry the ideals of Shri Vijay Bahadur Singh Ji, a true karma‑yogi, to every segment of society.
“I feel particularly proud that Shri Vijay Bahadur Singh Ji did not ask what Bindravan could do for him; instead, he showed what Bindravan and the Jakhania region could do for themselves. This Inter College, born of a people’s movement, is just a small symbol of his transformative work.
Shri Vijay Bahadur Singh Ji did not merely establish a college; he made a pledge, a promise to the future. In 1974, when he laid the foundation of this institution, there was no major financial support and no assurance of success. All he had was an unshakeable belief that education is the power which can change society,” the Lieutenant Governor said.
In his address, the Lieutenant Governor spoke about service, sacrifice and nation‑building.
He highlighted that under the leadership of Hon’ble Prime Minister Shri Narendra Modi, India has taken development beyond mere statistics and carried it to every doorstep.
The Lieutenant Governor said that Crores of families who once had no roof over their heads now have their own homes, and this has brought them dignity and security in society.
“Roads have reached every village, the number of airports has doubled, the digital revolution has connected every section of society. Today the marginalised section have bank accounts, they have an identity, they hold smart mobile phones for financial transactions, and in my view this is not merely technological progress but social empowerment
In far‑flung regions of the country, new schools, new universities and a new education policy together have begun to build an India in which the hands of the youth hold the reins of the future. The facilities now available particularly for girls are unprecedented in our history, and the purpose of education through innovation and research is no longer merely to pass exams but to create an aware and responsible citizen,” he further said.

J&K | Unseasonal Snow Adds To Hardship Of Gujjar, Bakerwal Tribes’ Seasonal Migration

BHADERWAH, Apr 21: Amid unseasonal snowfall, hundreds of Gujjar and Bakerwal tribes have begun their centuries-old biannual migration to the highland pastures of Jammu and Kashmir’s Chenab Valley, braving harsh conditions.
The nomads and their livestock embarked on their traditional routes last week, signalling the start of the seasonal transhumance. The movement comes notwithstanding fresh, or rather unusual, snowfall in several higher-altitude areas, which has made the passage particularly risky.
Hundreds of families have been traversing through the plains of Kathua, Samba and Jammu districts towards the high-altitude meadows of the Chenab Valley, a journey that would take at least a month to reach the summer pastures.
According to official figures, in the past 10 days, 250 nomadic families have crossed the 10,500-foot-high snow-bound Chattergalla check post, connecting Bhaderwah in Doda district with Basohli in Kathua district.
Accompanied by herds of sheep, goats, and horses, the families have been navigating steep mountain trails, swollen streams, and slippery tracks, exposing themselves to significant challenges.
Officials said the migration is crucial for the sustenance of these communities, as they depend on highland grazing grounds during the summer months. Each year, as winter recedes and spring sets in across the Jammu region, the Gujjar and Bakerwal tribes embark on their centuries-old migration, revitalising the highland pastures of Doda, Kishtwar and Ramban districts in the Chenab Valley.
“Though we face numerous life-threatening challenges during migration, we have been in this profession since time immemorial. We have no option but to continue this extremely difficult way of life, which has been passed down by our forefathers,” Abdul Majeed (85), a resident of Basholi in Kathua who is leading his group to Paddar in Kishtwar, said.
Majeed said that every year, the community loses livestock, including goats and horses, during the arduous journey due to harsh weather conditions, adding that even children and the elderly have, at times, lost their lives. He also said that there have been little to no government assistance.
“Due to snowstorms along the 15-km route between Sarthal and Guldanda, several of our goats died. Food was also scarce for three consecutive days (last week). We now hope to reach our destination in Machail safely,” Nishata Begum (63) said.
She said what was once a time of joy during migration has now turned into a period marked by the loss of hard-earned livestock, compounded by instances of hostility and discrimination from locals.
Begum said despite her two sons being graduates and belonging to the Scheduled Tribe category, they were unable to secure government jobs and were ultimately compelled to continue the centuries-old occupation of their forefathers.
Saddam Chohan (14) said the journey to the high-altitude meadows brought him face-to-face with harsh realities at Chattergalla, where several goats perished in a snowstorm before his eyes, leaving him helpless.
He said the family has little choice but to continue the profession practised by his father and grandfather.
Bhaderwah Divisional Forest Officer Devinder Kumar has formed a team of officials, led by Range Officer Sameer Rishu, to ensure that the nomads do not face any hostility from anyone while passing through forest areas.
“Several hundred families have entered the Bhaderwah forest range over the past fortnight, and our team is there to receive them round the clock, as many continue their journey even during night hours,” Rishu said.
The officer urged locals not to view the nomadic tribes as trespassers but to welcome them as guests, emphasising that they are an integral part of the forest ecosystem.
He said the communities share a centuries-old, symbiotic relationship with the forests — relying on them for food, shelter and livelihoods while also conserving biodiversity through sustainable practices.
“Their culture, beliefs and traditional knowledge are deeply rooted in nature, making them custodians of the forests rather than mere users,” Rishu said.
Tribal nomads traditionally move with their livestock to the upper slopes of the northern Himalayas during the summer, and return to the plains in winter after covering hundreds of miles on foot along serpentine tracks. (Agencies)

Security Of Key Installations Reviewed In J&K’s Reasi

JAMMU, Apr 21: Security of several vital installations, including the world’s highest railway arch bridge over Chenab, was reviewed during a high-level inspection in Jammu and Kashmir’s Reasi district on Tuesday, police said.
Senior Superintendent of Police, Reasi, Mukund Tibrewal conducted the comprehensive security review of Chenab bridge, Dugga railway station and Sawalakote hydro-electric project in Arnas sub-division, a police spokesman said.
At Chenab bridge connecting Kouri and Bakal, the SSP interacted with CRPF and Government Railway Police (GRP) deployed for security of the bridge and adjoining areas, emphasising the need for strong inter-agency coordination to ensure effective joint area domination of nearby villages and forest belts.
Tibrewal also sought strict access control measures and the use of modern surveillance systems to prevent any untoward incidents, the spokesman said. At Dugga station and Sawalakote, the officer interacted with deployed security personnel and members of the Village Defence Groups.
He directed that all area domination exercises be documented daily and stressed the importance of regular engagement and training, including firing practice for Village Defence Guards.
The SSP also visited the Dhansal police post and Arnas police station. At the Arnas police station, he issued directions to improve the maintenance of police records and ensure cleanliness of the premises. Investigating Officers were instructed to focus on expediting inquests, tracing missing persons, and apprehending absconders to reduce pendency, the spokesman said. The SSP said the security of vital installations, including religious sites, remains the top priority for the district. (Agencies)

Two PCCF-Rank Officers To Continue In J&K After Promotion

JAMMU, Apr 21: The Ministry of Environment, Forest and Climate Change has ordered the promotion and posting of three Indian Forest Service (IFS) officers in the AGMUT cadre, with two of them set to continue in the Union Territory of Jammu and Kashmir.
As per the order, Sandeep Kujur (1995 batch) and Chaturbhuj Behera (1996 batch) have been promoted to the rank of Principal Chief Conservator of Forests (PCCF) and will continue their postings in Jammu and Kashmir.
Meanwhile, Ravi Horo (1996 batch) has been transferred from Mizoram to Andaman and Nicobar Islands.

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