National

December 9, 2016 8:11 PM

Committee on digital payments submits report to Arun Jaitley

The Committee on digital payments today submitted its final report to the Finance Minister Arun Jaitley in New Delhi. The Committee chaired by Ratan P.Watal principal advisor in NITI Aayog, in its report has recommended a medium term strategy to accelerate growth of digital payments in the country t...

December 9, 2016 8:10 PM

SC seeks centre's response on whether co-op banks can accept old notes

The Supreme Court today sought the Centre's response on issues like whether district cooperative banks could be allowed to accept deposits in demonetised notes and why banks are unable to allow minimum weekly withdrawals of Rs 24,000 to customers. <br/><br/>The bench headed by Chief...

December 9, 2016 7:43 PM

BJP criticizes Rahul Gandhi's remark in Parliament

BJP today criticized Congress Vice President Rahul Gandhi for his remark that he will reveal the truth behind demonetization in Parliament and his speech will cause tremor. <br/><br/>Party Secretary Shrikant Sharma said Mr. Gandhi's speeches cause tremors within the Congress and not...

December 9, 2016 7:40 PM

Industrial output contracts 1.9% in October

The country's industrial output contracted 1.9 per cent<br/>in October this year. This was mainly due to a sharp decline in the production of capital goods, and poor performance of the manufacturing sector. <br/><br/>Factory output, as measured by the Index of Industrial Produ...

December 9, 2016 7:39 PM

Nadda urges public to restrict use of newspapers as food packaging material

Health Minister J P Nadda has urged public to restrict the use of newspapers as food packaging material. Expressing concern over the practice of wrapping, covering or processing foods with newspapers, Mr Nadda directed Food Safety and Standards Authority of India to issue an advisory restricting the...

December 9, 2016 7:37 PM

Wastage of food grains in FCI decline

The wastage of food grains in Food Corporation of India has declined substantially. In a written reply in Rajya Sabha, Minister of State for Consumer Affairs C. R. Chaudhary today said that three thousand 115 tonnes food grains were damaged in 2015-16 as against 19 thousand tonnes in 2014-15. <br...

December 9, 2016 7:26 PM

Govt ready for demonetisation issue in parliament: Venkaiah Naidu

Union Information and Broadcasting Minister M Venkaiah Naidu today said the government is ready to discuss the demonetisation issue in the parliament. <br/><br/>Speaking to reporters in Bengaluru today he said that the opposition parties are disrupting the parliament proceeding and prote...

December 9, 2016 6:55 PM

Govt decides to print plastic currency note : Mos Finance Arjun Meghwal

Government has decided to print plastic currency notes and procurement of material has started for this purpose. Minister of State for Finance Arjun Ram Meghwal today said this in a written reply to a question in the Lok Sabha. <br/><br/>The Reserve Bank for long has been planning to lau...

December 9, 2016 6:32 PM

Telangana: Death toll rises to 4 due to building collapse at Nanakramguda

In Telangana, the toll has risen to four due to building collapse at Nanakramguda in Hyderabad while rescue operation is still underway to find others. <br/><br/>A total 13 persons are reportedly trapped under the debris when the seven storied building caved-in last night. Over hundred p...

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