The encounter took place after a joint team of the police and the army cordoned off the area and launched a search operation on the basis of specific information about the presence of terrorists.
He was a relative of one of the accused of the 2019 Pulwama terror attack.
The Civil Aviation Ministry issued a notification declaring the airport of Srinagar as a major airport under the Airports Economic Regulatory Authority Act, 2008.
"It is suspected that a few men travelling in a vehicle opened indiscriminate firing on some persons travelling in another car. Two young men were killed and another seriously injured in this firing incident," a police official said.
Scripting history this year, three students in India have managed to score a perfect 720 in the National Eligibility Cum Entrance Test (Undergraduate) or NEET UG.
Prime Minister Narendra Modi announced an ex-gratia of Rs 2 lakh each from the Prime Minister's National Relief Fund for the next of kin of the deceased.
"In 2014, we were at 11th place in the world's economies, today we are at 5th-6th, by 2024 we will definitely reach the third place which will be a big milestone."
Shah is likely to meet the families of the terror attack victims.
Sagir Ahmad, a carpenter from Uttar Pardesh was killed by terrorists in South Kashmir's Pulwama district on Saturday.
In the last 16 days, terrorists have killed 11 non-local individuals in the Valley.
"The situation is bad. Non-locals are being targeted. Vendors and labourers are being targeted. We cannot stay back in Kashmir in these conditions,"
Panic has gripped Kashmir valley after the targeted killings of non-Kashmiris by terrorists over last few days. Out of fear, a group of migrants from Rajasthan who were working in Kashmir's Srinagar are returning to their native places.
This is the third attack on non-local workers in less than 24 hours and is the latest in a series of shootings targeting civilians in recent weeks. A street vendor from Bihar and a carpenter from Uttar Pradesh were shot dead by the ultras on Saturday evening.
"LeT terrorist Umar Mustaq Khandey who martyred our 2 colleagues in Baghat, Srinagar while they were having tea, neutralised in Drangbal, Pampore " police said.
During the searches conducted on Tuesday, several electronic devices, incriminating Jehadi (holy war) documents and records of suspicious financial transactions were seized, the NIA spokesperson said.
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