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Banks Not to Exchange Old Notes on Saturday, Only Senior Citizens Exempted

Banks Not to Exchange Old Notes on Saturday, Only Senior Citizens Exempted

India November 18, 2016 at 5:49 pm 0 comments

New Delhi: Banks will not exchange old Rs 500 and Rs 1000 notes on Saturday, but exemptions will be made for senior citizens. The Indian Banks Association (IBA) said it decided to stop over-the-counter exchange of old notes for a day so that banks can carry out their other functions.Read More

Modi Facing Threat to Life After Demonetisation: Ramdev

India November 18, 2016 at 5:48 pm 0 comments

Vadodara: Lauding government’s decision to demonetise high value bank notes, yoga guru Ramdev on Friday said Prime Minister Narendra Modi is facing threat to his life from drug mafia, terrorists and other economic offenders in the wake of this “historic” move. Ramdev also urged people to cooperate with the governmentRead More

AgustaWestland Scam: CBI to Seek Extradition of Chopper Deal Middleman

India November 18, 2016 at 5:48 pm 0 comments

New Delhi: The Central Bureau of Investigation (CBI) has decided to extradite alleged middleman Christian Michel James, an accused in the Rs 3,600 crore AgustaWestland helicopter deal, sources said on Friday. “CBI has decided to send a request for extradition of James to central authorities in the UAE,” an informedRead More

Asaram cases: SC Seeks Centre’s Response on Plea For CBI probe

India November 18, 2016 at 5:48 pm 0 comments

The Supreme Court on Friday sought the response of the Centre and five states on a plea seeking a CBI probe into the alleged murder of children through black magic and attacks on ten witnesses in Asaram Bapu rape cases. A bench of Justices A K Sikri and A MRead More

Pakistan Navy ‘Pushed’ Indian Submarine Clear of Its Waters

India November 18, 2016 at 5:47 pm 0 comments

The Pakistani navy detected an Indian submarine off the Pakistani coast and prevented it from entering its waters, it said in a statement on Friday, as tension between the nuclear-armed rivals simmers. The submarine was detected “south of the Pakistani coast” on Monday, the navy said in a press release.Read More

Karnataka HC Orders Winding up of Kingfisher Airlines Limited

India November 18, 2016 at 5:47 pm 0 comments

Bengaluru: In yet another jolt to beleaguered liquor baron Vijay Mallya, the Karnataka High Court on Friday ordered winding up of his now-defunct Kingfisher Airlines Limited for non-payment of dues to a UK-based firm. Pronouncing the judgement, Justice V Kothari observed that since KFA did not pay up dues toRead More

No Question of Rollback of Demonetisation, Says Arun Jaitley

No Question of Rollback of Demonetisation, Says Arun Jaitley

India November 17, 2016 at 7:30 pm 0 comments

New Delhi: Unfazed by combined opposition attack on Prime Minister Narendra Modi in and outside Parliament, Finance Minister Arun Jaitley on Thursday ruled out roll back of demonetisation saying the government is firm on cleansing politics and economy of the country. Rejecting the demand of political parties like Aam AdmiRead More

RBI Pumps New Currency Notes Worth Rs 5,000 Crore in Odisha

India November 17, 2016 at 7:30 pm 0 comments

Bhubaneswar: The post-demonetisation situation is gradually improving in Odisha with the Reserve Bank of India pumping over Rs 5,000 crore new currency notes into banks and state government’s making alternative arrangement for the people in unbanked regions of the state. “Around 50 per cent of the unbanked Gram Panchayats haveRead More

PM Modi Reviews Demonetisation Drive

India November 17, 2016 at 7:30 pm 0 comments

New Delhi: Prime Minister Narendra Modi on Thursday reviewed the status of the demonetisation exercise at a meeting with top officials of the government. Officials of the PMO and the Finance Ministry were present in the meeting where stock was taken about the availability of cash in banks and ATMsRead More

Pakistan Army Resorts to Firing Along LoC in Pallanwala Sector

India November 17, 2016 at 7:22 pm 0 comments

Jammu: Pakistani troops resorted to firing along the Line of Control (LOC) in the Pallanwala sector of the Jammu district, on Thursday evening prompting the army to give a “befitting response”. “Pakistan army resorted to unprovoked ceasefire violation in the Pallanwala sector at 1915 hours today, using automatic weapons andRead More