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FM Arun Jaitley Says Remonetisation Will Not Take a Long Time at FICCI event

- Sanjib Sharma   17-12-2016

Finance Minister Arun Jaitley on Saturday defended the government’s demonetization move, said while the developed world is turning protectionist and looking inward, India is an exception with its ability to take bold decisions. Addressing at the 89th annual general meeting of Federation of Indian Chambers of Commerce and

Demonetisation is unstoppable!

- Saurabh Sharma   16-12-2016

The Chaos that has been created after demonetization is unstoppable. Though, the ruling government BJP is obviously in support of vanishing Black Money,ending corruption but the other leaders on demonetization have opinions in contradiction. Recently,Congress vice-President Rahul Gandhi attacked   the PM claiming that he had "

Defence Min. Parrikar Says He Will Soon Name New Army, IAF Chief

- Sanjib Sharma   16-12-2016

Defence Minister Manohar Parrikar said on Friday that he will soon name the next Indian Army and Indian Air Force chiefs.The Defence Minister, however, did not give a timeline for naming the new chiefs.      He was speaking after paying tributes at the Amar Jawan

SC Asks Centre To Let People Use Scrapped Notes For Necessity

- Sanjib Sharma   16-12-2016

On Thursday the Supreme Court questioned Centre on the way it had handled the aftermath of demonetization and asked why there was unequal distribution of new currency notes among people. Hinting indirectly as the raids conducted recently by the Income-tax department which seized people with stashes of new notes, said

Crests and Trough of Demonetization

- Saurabh Sharma   15-12-2016

“Though Demonetization has affected a lot of businesses agency businesses in terms of client spending, but since all of our clients show agency fee as marketing spends, we get our fee through wire transactions as that can be shown in books. Therefore, we further prefer paying our employees through

Supreme Court: Liquor Shops will be ban On all national Highways From 1 April

- Sanjib Sharma   15-12-2016

NEW DELHI: All Liquor shops will be ban on all national highways from 1 April, the Supreme Court said today. The license of existing shops will not be renewed.     The apex court set April 1 as the deadline to ensure all such shops on all highways are

Demonetisation: Old Rs 500 Note Will Be Invalid From Dec 15 Midnight

- Sanjib Sharma   15-12-2016

The deadline for use of the scrapped Rs 500 rupee note which was declared December 15, but now Centre will not extend the use of the note for utility payments and hospital bills and purchasing cooking gas cylinders.      Economic Affairs Secretary Shaktikanta Das tweeted, “Exemptions for use of

Rs 3.25 crore in old currency notes seized in Delhi's Karol Bagh

- Sanjib Sharma   14-12-2016

NEW DELHI: Acting on a tip-off, a joint team of income tax and Delhi crime branch officials on Wednesday conducted a raid at a hotel in Delhi's Karol Bagh and seized Rs 3.25 crore in old currency notes.   Five people have been arrested and are being interrogated

Congressman Surjewala Demands Kiren Rijiju's Resignation

- Sanjib Sharma   14-12-2016

Congress leader Randeep Surjewala on Tuesday demanded the resignation of Union Minister of State for Home Affairs Kiren Rijiju for his alleged involvement in an Arunachal Pradesh hydro project scam.    Surjewala said: "The minister has no right to remain on his post. Prime Minister Narendra

Demonetisation: Centre says it received Rs 12 lakh crore in old notes

- Sanjib Sharma   14-12-2016

The government has told the Supreme Court that banks have received Rs 12 lakh crores in demoentised currency, and this has exceeded its expectations.   here are latest updates:   1- Banks issue notes worth Rs 4.61 lakh crore to public through ATMs & over the counter between Nov 10 & Dec 10: RBI &

Jaitley Slams Congress, Says Demonetisation Good for Economy and Nation

- Sanjib Sharma   14-12-2016

Union Finance Minister Arun Jaitley on Tuesday slammed the Congress for calling demonetisation the "biggest scam" and stressed that the move would benefit the economy and the nation in the long run.    The Finance Minister also assured that "significant amounts" of money

Rs 7.92 Lakh in New Notes Seized in Gurugram

- Sanjib Sharma   14-12-2016

Cash amounting to Rs 7.92 lakh in new currency notes of Rs 2,000 was seized here on Tuesday, police said. The Crime Branch found the money in a car of Vikas Gupta, a resident of upscale DLF area. "The amount was recovered from Rajiv Chowk here on Delhi-Gurugram expressway. On being

Demonetisation Aimed At Waiving Off Bank NPAs: Rahul Gandhi

- Sanjib Sharma   14-12-2016

Congress Vice President Rahul Gandhi on Tuesday dumped Prime Minister Narendra Modi's narrative behind the note ban and said it was done to waive off loans to big industrialists.   Interacting with traders and commoners here, Gandhi accused Modi of continuously changing his narrative on withdrawing Rs 500 and Rs 1,000

MGNREGA hires plummet by 23 per cent in notebandi November

- Sanjib Sharma   13-12-2016

The Modi government's demonetisation move seems to have taken the wind out of the sails of an already faltering job guarantee scheme. The number of households getting work in November dropped by 23% compared to the previous month and those being turned back empty-handed jumped to a staggering 23.4 lakh, almost

Delhi Government To Serve Food To Those 'Starving Due To Demonetisation'

- Sanjib Sharma   13-12-2016

The Delhi government on Monday started langars (common kitchens) at 10 places across the capital to serve food to those who have "lost their livelihood due to demonetisation", a statement said. "The government has decided to come forward to help those who are on verge of starvation due

Chinnamma's Name Suggested As Successor As Amma Said So: Thambidurai

- Sanjib Sharma   12-12-2016

AIADMK propaganda secretary and deputy speaker in the Lok Sabha M Thambidurai on Sunday requested late Tamil Nadu chief minister J Jayalalithaa's close aide VK Sasikalaa to lead the party.   On Saturday, several senior party leaders, including chief minister O Panneerselvam, pleaded with Sasikalaa to lead

Heavy rain lashes Chennai, wind speed likely to cross 100kmph

- Sanjib Sharma   12-12-2016

CHENNAI: Heavy rain accompanied by high-speed wind lashed Chennai and other northern coastal districts of Tamil Nadu on Mondaymorning even as very severe cyclonic storm Vardah+ , which is at present situated at 140km off Chennai coast, is set to make landfall in the afternoon+ . Vardah is moving at a speed

In third raid on Delhi lawyer, Rs 13.5 crore seized

- Sanjib Sharma   12-12-2016

: A little known lawyer whom many could not recognise by name in the Supreme Court or the Delhi high court where he claimed to have a "thriving practice" was caught by I-T authorities a third time with a hoard of unaccounted cash, stashed in bundles of banned Rs 500

Pranab Mukherjee turns 81 today; to launch Kailash Satyarthi’s ‘100 Million for 100 Million’ campaign

- Alive Correspondent   11-12-2016

The Rashtrapati Bhavan will mark the 81st birthday of President Pranab Mukherjee on Sunday with a number of functions. President Mukherjee will launch a ‘100 Million for 100 Million’ Campaign organised by the Kailash Satyarthi Children’s Foundation in which about 5000 children will participate.     The campaign aims

Cyclone Vardah likely to bring heavy rain to Chennai

- Alive Correspondent   11-12-2016

CHENNAI: Chennai and adjoining districts in north Tamil Nadu as well as south Andhra Pradesh coast will receive heavy to very heavy rain starting Sunday evening due to a severe cyclonic storm -- Vardah (pronounced vaardah, an Urdu word given by Pakistan) - which is likely to make landfall on


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