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Ratan Tata lauds PM Narendra Modi’s initiative, says demonetisation one of three vital economic reforms, along with GST and delicencing

Ratan Tata lauds PM Narendra Modi’s initiative, says demonetisation one of three vital economic reforms, along with GST and delicencing

Praising the implementation of the demonetisation policy by the Narendra Modi government, Tata Sons interim chairman, Ratan Tata, today said that the bold step taken by the Prime Minister, to curb the flow of blackmoney in the country, will need the whole nation’s support.

In a tweet, expressing support towards the initiative taken by the central government, Ratan Tata stated that the black money economy in the country had ‘fueled tax evasion, money laundering and corruption.’

Will kill 3 Indian soldiers for every Pakistani soldier killed: Pak Defence Minister

Will kill 3 Indian soldiers for every Pakistani soldier killed: Pak Defence Minister

Assuring severe retribution, Pakistan Defense Minister Khawaja Asif has asserted that they will kill three Indian soldiers for every Pakistani soldier they neutralise.

Speaking in the National Assembly on Friday, Asif said that dire consequences would be faced by India if it went to war against Pakistan.

Cuba's former president and iconic leftist revolutionary Fidel Castro dies at 90

Cuba's former president and iconic leftist revolutionary Fidel Castro dies at 90

Fidel Castro, the Cuban revolutionary leader who built a communist state on the doorstep of the United States (US) and for five decades defied US efforts to topple him, died on Friday, state-run Cuban Television said. He was 90.

Castro, in poor health since an intestinal ailment nearly killed him in 2006. The bearded Fidel Castro took power in a 1959 revolution and ruled Cuba for 49 years with a mix of charisma and iron will, creating a one-party state and becoming a central figure in the Cold War.

PM participates in yoga with top cops in Hyderabad

PM participates in yoga with top cops in Hyderabad

Prime Minister Narendra Modi on Saturday took part in an hour-long yoga session with top police officers of the country, who gathered at the Sardar Vallabhbhai Patel National Police Academy for an annual conference focusing on cross-border terrorism, infiltration and radicalisation of youth.

Later, he paid tributes to Martyrs Column at SVPNPA in Hyderabad, where he placed a wreath.

Andhra temple receives massive donations in Rs 500 and Rs 1000 notes

Andhra temple receives massive donations in Rs 500 and Rs 1000 notes

A Hanuman temple in Andhra Pradesh's Vijayawada city received a whopping Rs 1 crore and Rs 5 lakh in the past one month after the government scrapped Rs 500 and Rs 1000 currency notes.

The authorities of the ancient Dasanjaneya Swamy Temple at Machavaram claimed that they had never seen so much money, as the temple receives donations somewhere between Rs 1.5 lakh to Rs 3 lakh from its devotees in a month.

Demonetisation: 2 Axis Bank managers under I-T Department lens for reportedly helping to convert black money

Demonetisation: 2 Axis Bank managers under I-T Department lens for reportedly helping to convert black money

Cracking down on banking staff who are allegedly helping people convert their black money into white, the Income Tax Department has conducted a survey at the Kashmere Gate branch of Axis Bank in Delhi. According to various reports, the I-T department has conducted searches at the residences of two bank managers of Axis Bank. The searches happened after two people were caught with Rs 3.5 crore in new currency notes.

Dear Zindagi: Lengthy life lessons sans drama

Dear Zindagi: Lengthy life lessons sans drama

Gauri Shinde's "Dear Zindagi" is a youth-centric cathartic film which gives you a glimpse of how they deal with life, relationships and the issues that bog them down. Perhaps, it is only the youth who will relate to — the heartaches, seeking their dream job, problems with parents, et al.

Kaira aka Koko (Alia Bhatt) is a 25-year-old Mumbai-based cinematographer, who is independent, busy shooting ad films and longing to shoot her first full length feature. Carefree, happy-go-lucky, she is in and out of relationships, some unrequited, others unfulfilled.

Mobikwik receives NHAI nod to digitize payments for 391 pan India toll plazas

Mobikwik receives NHAI nod to digitize payments for 391 pan India toll plazas

Leading mobile wallet MobiKwik has announced that its wallet service will soon be live at 391 toll plazas in India.

The company has received an approval from the National Highways Authority of India (NHAI) to enable commuters across all toll plazas in the country pay cashless through its mobile wallet to avoid traffic congestion due to the cash crunch.

GMR Infrastructure to revise Indira Gandhi International Airport mall space auction; may build hotel

GMR Infrastructure to revise Indira Gandhi International Airport mall space auction; may build hotel

GMR Infrastructure is likely to revise its plans to auction the 2 million sq ft of mall space it has at New Delhi’s Indira Gandhi International Airport as potential bidders have expressed reservations to certain clauses relating to tenure of the lease hold, people familiar with the developments told FE. Sources said that GMR Infra is now likely to develop an office complex or a hotel on the plot.

BSE up 100 points on global cues; eyes on rupee

BSE up 100 points on global cues; eyes on rupee

The BSE Sensex and National Stock Exchange (NSE) Nifty opened on a positive note on Friday, tracking strength in the global markets.

According to a report by Angel Broking, the "Indian market was expected to open on a positive note tracking the SGX Nifty."

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