Altaf Bukhari replaces Dr Hasseb Drabu as Finance Minister

Haseeb Drabu

Endorsing the statement of Finance Minister, Haseeb A Drabu that Kashmir is not a political issue; Bharatiya Janata Party (BJP) on Monday said that the only issue is to get "PoK" back.

In a communique to Governor N.N.Vohra, Ms. Mufti also conveyed the People Democratic Party's decision to drop Mr. Drabu from the Council of Ministers.

Drabu earlier wrote on a Facebook post that he was quoted out of context and that his speech at a function in Delhi was carried "in bits and pieces" in a news report.

Explosion reported near Palestinian PM's convoy during Gaza visit
In late November, the two sides agreed to hold parliamentary and presidential elections in Palestine before the end of 2018. Several bystanders have reportedly been injured in the blast; their condition remains unknown.

Since yesterday, pressure was mounting on Drabu, who played a key role in stitching an alliance with the BJP during Mufti Mohammed Sayeeds tenure earlier and again when Mehbooba Mufti became the chief minister, after newspapers published his remarks that people were "barking up the wrong tree" as the Kashmir issue was not a political issue. "We seriously need to look at in terms of how it is a society that is in search of itself". Malik claimed Drabu used to talk to him for hours before joining mainstream and while "praising JKLF's efforts for liberation of Jammu and Kashmir from illegal occupation of India", he presented ideas and concepts for it. "Drabu has said that it is not just a political problem only but a social problem as well", said Kaul.

The PDP said it recognised the state as a political issue and had been pursuing its resolution through reconciliation and dialogue - both at internal and external levels. A favourite of the late Mufti Mohammad Sayeed, Drabu was made the finance minister after he impressed the former CM when he was economic adviser to the PDP government between January 2003 and 2008. He was also a consultant to the Economic Advisory Council of the Prime Minister and to the 10th Finance Commission. Later, he served as the CEO of the Jammu and Kashmir Bank from 2005 to 2010, but was sacked soon after the National Congress government came to power in 2008. The split will occur in coming months and may pose a serious challenge to PDP in Parliament Elections 2019. Many leaders of the PDP often complained to Mehbooba about the "arrogant" style and dealings of the finance minister, even with his own party workers.

Related:

Comments

Latest news

José Mourinho attacks 'worst manager' De Boer for Rashford comments
"It's a pity that the manager is Mourinho because (Rashford) is an English player and you want him to be given time", De Boer said, according to BT Sport .

KriArj Entertainment to remake the 1964 cult film, 'Woh Kaun Thi?'
Shahid Kapoor was last seen as Maharawal Ratan Singh in Padmaavat which was the most controversial movie in the longest time. Shahid, who is on a three-film contract with KriArj, has wrapped up the first film Batti Gul Meter Chalu .

No Untoward Incident in Mizoram-Assam Border
On March 8, nonconformists from Mizoram endeavored to "barge in" into Hailakandi region of Assam and the Assam Police ceased them. Assam Chief Minister Sarbananda Sonowal held telephonic discussions with his Mizoram counterpart Lal Thanhawla on Saturday.

Redmi 5 to be available on Amazon.in from tomorrow
Alternatively, you can manually verify for the presence of the update by tapping Software Settings from within your device. Notably, Xiaomi has reportedly already started rolling out the MIUI 9 to some of the mentioned smartphones.

(XOM) is Tdam USA Inc.'s 7th Largest Position
After $0.66 actual EPS reported by Sysco Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth. The stock of Exxon Mobil Corporation (NYSE:XOM) earned "Equal-Weight" rating by Barclays Capital on Monday, October 12.

The Driehaus Capital Management LLC Takes Position in American Tower Corp (AMT)
The real estate investment trust reported $1.59 EPS for the quarter, missing analysts' consensus estimates of $1.63 by ($0.04). The stock has a market cap of $63,297.39, a P/E ratio of 53.78, a price-to-earnings-growth ratio of 1.61 and a beta of 0.80.

(NYSE:ORI) Holdings Reduced by Advisory Services Network LLC
Why is EPS essential to watch? The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.49 and a current ratio of 0.49. The firm owned 9,023,085 shares of the insurance provider's stock after buying an additional 1,257,200 shares during the period.

Deepika Padukone is back
Deepika herself was suffering from severe neck pain but says she is fine now and there is nothing to worry about. Deepika said, "I think we should always pray for people and their good health".

I Am Being Myself in October - Varun Dhawan
Earlier in an interview while speaking about Varun, Arjun had said "I care for Varun on an emotional level". Not because one actor is doing good in films.

US budget deficit rose in February to $215.2 billion
The US recorded a US$215 billion (RM838.8 billion) budget deficit in February - its biggest in six years - as revenue declined. In February, employers started using tax tables that withhold less from paychecks based on the new law.

Palace still open to probe despite UN High Commissioner's remarks vs Duterte
The president gave permission to the police to ignore the human rights investigators and remain silent should the global rapporteur question their policing tactics.

French Connection defies United Kingdom retail gloom by narrowing financial losses
Overall, the group has 116 stores and concessions and a further 212 franchised outlets - down by 6.5% and 26% respectively over the past financial year.

Pakistan, Saudi Arabia will continue to strive for betterment of Ummah: COAS
While talking about the Kashmir issue, Imam-e-Kaaba said he considered Kashmir as a part of Pakistan and accepted this reality. He added that the strength of Pakistan is the strength of Saudi Arab and the power of Saudi Arab is the power of Pakistan.

Truewealth LLC Acquires Shares of 2582 Alibaba Group Holding Ltd (BABA)
Cleveland Todd M sold 10,000 shares worth $831,617. $162,523 worth of stock was sold by ROBINSON RAY M on Thursday, September 14. It worsened, as 74 investors sold CSCO shares while 637 reduced holdings. 66 funds opened positions while 193 raised stakes.

Jefferies Group Analysts Give Noble (NE) a $5.00 Price Target
Corecommodity Limited Liability reported 36,946 shares or 0.99% of all its holdings. 150,100 are held by Comerica Fincl Bank. Camber Capital Management Llc sold 1.50 million shares as the company's stock declined 8.05% while stock markets rallied.

Other news