Monday, January 23, 2017

National

India National

India’s unprecedented ban on high-denomination currency bills has led to a mismatch in cash supply that has flummoxed some economists and data crunchers.Indians withdrew about 600 billion rupees ($9 billion) more than the 9.1 trillion rupees of currency in...
Gandhinagar: Goods and Services Tax will usher in a very simple and less burdensome taxation regime as it will be a single rate indirect tax which can be paid by debit/credit cards, cheque and NEFT, Revenue Secretary Hasmukh Adhia said...
Earlier this year, when the Narendra Modi government sought to advance the dates for presenting the annual union budget, the rationale was straightforward: The exercise should be over before the beginning of the new financial year.But when Arun Jaitley...
The board of India’s central bank approved the move to ban high-denomination notes less than three hours before Prime Minister Narendra Modi announced the decision in a televised address to the nation.Information on how many members favored or opposed the move...
NEW DELHI — On Nov. 8 — the same day American politics was upended — India's prime minister announced the sudden invalidation of all high denomination currency notes, accounting for a whopping 86 percent of the country's cash. Demonetization, as it is...
Govt. ends exchange of old notesFrom today, Rs. 1,000 notes can only be deposited in accounts.In further modifications to use and exchange of the demonetised Rs. 500 and Rs. 1,000 notes, the Centre on Thursday extended the exemptions for...
Indian shelling kills nine in Kashmir, Pakistan saysPassenger bus comes under attack by Indian soldiers in the Kashmir region, Pakistan army says, killing nine on board.At least nine civilians were killed and nine injured in Pakistan-administered Kashmir when an Indian...
JEDDAH: Police in Riyadh arrested an agricultural engineer who offended Muslim sentiments by posting a doctored photo of the Kaaba on social media. The accused is an Indian national who works on a farm in Tameer district of Al-Majmaah...
Police in India are looking for Sadhvi Deva Thakur, a self-proclaimed Indian god-woman, who is on the run after firing celebratory shots in the air at a wedding which killed the groom's aunt and critically wounded three of his...
This visit came as a surprise to the police in the city as they were not informed about the schedule of the Home Minister. Not only did it surprise the police, but also threw traffic out of gearThe presence...