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1. Defence minister Nirmala Sitharaman said on Monday that Pakistan will pay for the terror attack by Jaish-e-Mohammed on the Sunjuwan military station in Jammu that left five soldiers and a civilian dead over the weekend.

2. India and Pakistan traded dire warnings on Monday in the aftermath of the weekend strike on Jammu's Sunjuwan military station, scaling up the prospect of a cross-border retaliation.

3. The Reserve Bank of India said late on Monday it was withdrawing all its existing mechanisms for tackling bad debt at Indian banks and replacing them with a harmonised and simplified generic framework for resolving stressed assets.

4. Home minister Rajnath Singh reviewed the security situation in Jammu and Kashmir on Monday, where two terror attacks in last three days have left nine people dead, including five soldiers.

5. Kashmir was draped in white on Monday after heavy snowfall through the day which also brought much cheer to the people reeling under a dry winter till now.

6. The two Houses of the Jammu and Kashmir state legislature were adjourned sine die by the Speaker and Chairman after nearly a month-long Budget Session.

7. Defence Minister Nirmala Sitharaman on Monday said Pakistan was resorting to ceasefire violations to assist infiltration and asserted that Islamabad was expanding its "arc of terror" to areas south of the Pir Panjal Range in Jammu region.

8. The Jammu and Kashmir Legislative Assembly on Monday passed the 37th Constitutional Amendment Bill 2018 to hike the salaries of the chief justice and judges of the high court in the state.

9. The National Investigation Agency on Monday took over the probe into Lashkar-e-Taiba terrorist Mohammed Naveed Jhatt's escape from the SMHS hospital Srinagar.


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