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PM Modi launches RBI schemes to ease access to invest in government securities market

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Indian Prime Minister Narendra Modi on Friday launched two customer-centric initiatives of the Reserve Bank of India. The Prime Minister said the two schemes will ease access to government securities market for retail investors and increase investment avenues. Indian security forces neutralised another terrorist in a gunfight that broke out on Thursday evening in Jammu and Kashmir's Kulgam district, taking the number of terrorists killed in the firefight to two, police said on Friday. The encounter broke out after police cordoned a house on the information of the presence of terrorists there and the terrorists opened fire on the security forces. Pakistan Peoples Party Chairman Bilawal Bhutto-Zardari held a meeting with Maulana Fazlur Rehman, the chief of Pakistan Democratic Movement on Friday months after parting ways with the multi-party Opposition alliance. The development comes amid close coordination among the Opposition parties in the Parliament to adopt a joint strategy against the PTI government over rising inflation and other issues. An explosion hit a mosque in the Spin Ghar district of Afghanistan's eastern Nangarhar province on Friday, wounding at least 12 people till the last reports came in. There was no immediate claim of responsibility for the attack, the latest in a series of blasts to hit mosques in Afghanistan over recent weeks, undermining the Taliban claim to have restored security after decades of war. Several areas in Sri Lanka have continued to remain submerged in knee-deep floodwaters, while the weather forecasters say the downpour is expected to ease in the next few days. The days of unexpected late monsoon rains have killed more than 38 people in the island nation and neighboring India's Tamil Nadu state. The northern hill town of Shimla is among the top tourist destinations in India. Concerned about the rise in use of plastics, a hotel in Shimla has created a wall with plastic waste material artistically, which has been attracting visitors. Around 500,000 plastic bottle caps have been used to make the wall, which is being called 'The Great Wall of Shimla’. The 10-day Alpasi festival at the Sree Padmanabhaswamy temple in southern India concluded with the traditional 'Arattu' procession this week. The priests took the idols of Hindu God Vishnu from the royal palace of Travancore to the temple in a colourful procession on Thursday and local residents and tourists gathered to witness the event.
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