Russia on Tuesday denied holding any “secret talks” with Pakistan on China-Pakistan Economic Corridor (CPEC). “The possibility of Russia joining this initiative is not being discussed with Islamabad,” Russian Ministry of Foreign Affairs said in an statement. Rubbishing the Pakistani media reports, the statement said: “Secret talks between Russia and Pakistan on the CPEC do […]
Union Minister of State for Finance Santosh Gangwar on Tuesday said that the Reserve Bank of India (RBI) was focussing all efforts to bridge the shortfall of the new Rs 500 currency notes. “There is a shortfall of Rs 500 notes. But RBI is making all efforts and printing is on in full force. The […]
Three weeks after demonetization of high value currency, people in both Telangana and Andhra Pradesh continue to face hardships. There was no relief for the common man on the 20th day on Tuesday as people stood in long queues at banks and ATMs to draw cash. At the regional office of Reserve Bank of India […]
The Lok Sabha on Tuesday passed by a voice vote a bill to amend the income tax laws to facilitate levy of 60 per cent tax on undisclosed income or investment or cash credit deposited in banks after the November 8 demonetisation. The bill was passed even as the opposition members protested and raised slogans […]
Suicide bombers carrying guns and grenades stormed a military base near Jammu on Tuesday, triggering a fierce pre-dawn gunfight that left three soldiers and two attackers dead, officials said. Three more militants died in another shootout near the International Border with Pakistan. The attacks at the army base and a BSF camp – both on […]
Google Doodle pays tribute to “Little Women” creator Louisa May Alcott to mark her 184th birthday. The doodle shows the creations of Alcott — Meg, Jo, Beth, Amy and Jo’s best friend Laurie, their neighbour in a scene from the “Little Women” which is considered as Alcott’s semi-autobiographical. The novel was very well received and […]
Two militants were killed and three soldiers injured in a gunfight on Tuesday after heavily armed suicide attackers stormed into an army camp in a garrison town near here, officials said. A police officer said the group of an unknown number of militants entered the field regiment camp of the army around 5.30 a.m. in […]
There is a cash crunch in Parliament, the temple of Indian democracy. With a severe cash crunch, staff at the reception where various souvenirs are sold, the canteens in the premises as well as tea vendors are battling a difficult time. Even the few ATMs in the premises frequently run out of cash. The Rajya […]
Opposition party activists were arrested on Monday in Tamil Nadu for protesting against the demonetisation of 500 and 1,000 rupee notes. DMK Treasurer M.K. Stalin, Tamil Nadu Congress Committee President S. Thirunavukkarasar and CPI-M Tamil Nadu Secretary G. Ramakrishnan were among those taken into custody. Educational institutions, shops and other offices worked as usual across […]
The robust economic growth coupled with low oil prices will make India’s automobile asset based securities (ABS) or vehicle loans stable, said Moody’s Investors Service on Monday. According to Moody’s India’s securitisation markets will perform in a stable manner with good credit quality across most asset classes. “In India, robust growth and low oil prices […]