50% fee cut in nursing, architecture studies in cluster varsities in J-K

Jammu and Kashmir government on Monday announced a 50% fee cut for students in nursing and architecture courses in constituent colleges of cluster universities in the twin capitals of Srinagar and Jammu. The announcement was made by Education Minister Syed Mohammad Altaf Bukhari in Srinagar during a meeting to review the functioning of Cluster University Srinagar (CUS) and Cluster University Jammu (CUJ) and to discuss the action plan for the speedy growth and development of these varsities. The minister directed the officers concerned to cut down the existing annual fee…

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Seven simple ways to cut your spending in 2017

With the Brexit process set to begin in earnest, next year could be tough on many people’s finances. Guardian Money is here to help: Car insurance Car insurance premiums are set to break through the £600 barrier for the first time next year, as insurers pass on big cost increases and the fresh hike in insurance premium tax announced last month. Premium costs alone are up 16% over the past 12 months, meaning most us are likely to get a nasty surprise when the 2017 renewal lands on the doormat….

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Bank of England sticks with rate cut signal despite Brexit bounce

The Bank of England said on Thursday it was still likely to cut interest rates to just above zero later this year, even though the initial Brexit hit to Britain’s economy was proving less severe than it had predicted only last month. The BoE’s rate-setters voted unanimously to keep Bank Rate at 0.25 percent, the lowest level in the BoE’s 322-year history, after cutting it in August for the first time since 2009 to tackle the shock of Britain’s vote to leave the European Union. Policymakers also voted 9-0 to…

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Bank of England set to cut rates as survey flags sharpest UK downturn since 2009

Britain’s economy is shrinking at its fastest rate since the financial crisis after last month’s Brexit vote, making a Bank of England rate cut on Thursday a “foregone conclusion”, a closely watched survey of businesses showed. Financial data company Markit said its monthly all-sector Purchasing Managers’ Index chalked up the steepest month-on-month decline on record after big falls in activity at private-sector services, manufacturing and construction firms. “The unprecedented month-on-month drop in the all-sector index has undoubtedly increased the chances of the UK sliding into at least a mild recession,”…

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