India

New Delhi, Nov 24: Prime Minister Narendra Modi has called Cabinet meeting tonight, possibly to discuss the penal 200 per cent tax that is keeping away the scrapped 500 and 1000 rupees notes from entering the formal system. The meeting, summoned at a very short notice, comes amid reports of high tax penalty terrifying people from putting their cash savings into the formal banking system. Sources

Mumbai, Nov 24: The rupee today collapsed to a fresh life-time low of 68.86 against the dollar by crashing 30 paise amid sustained foreign capital outflows with investors being inclined towards US dollar hoping protectionist measures by President-elect Donald Trump. Investors also remained cautious weighing the impact of government's demonetisation move. Surging US bond yields have also

New Delhi, Nov 24: The Lok Sabha was adjourned for nearly an hour soon after it met for the day as a determined opposition once again pitched for discussing the demonetisation issue under adjournment motion. It was pandemonium from the word go as high drama was witnessed when SP member Akshay Yadav tore some papers next to the chair of the Secretary General and flung it across, as several members

New Delhi, Nov 24: Ending speculation, former BJP leader Navjot Singh Sidhu's wife Navjot Kaur Sidhu and Awaaz-E-Punjab leader Pargat Singh will be formally join the Congress on November 28, while her husband is also likely to follow suit. Announcing the decision, Punjab Congress chief Amarinder Singh welcomed them in the party fold, saying Congress will be further strengthened ahead of the Punjab

New Delhi, Nov 24: The Supreme Court on Wednesday refused to stay the cases in High Courts against the demonetisation of Rs. 500 and Rs. 1,000 notes. A Bench led by Chief Justice of India T.S. Thakur said the petitions in the various High Courts highlighted the different inconveniences across the country. “Maybe some relief can be had by these people.” Earlier, the Supreme Court had refused to

New Delhi, Nov 24: The government informed Parliament on Wednesday that around 200 terrorists were active in Jammu and Kashmir out of which 105 had infiltrated into India from Pakistan this year. In a written reply in Rajya Sabha, minister of state for home affairs Hansraj Gangaram Ahir said 105 terrorists had infiltrated into India till September this year. "As per available inputs, nearly 200

New Delhi, Nov 23: In a show of strength, West Bengal Chief Minister Mamata Banerjee today rallied four parties behind her with a demonstration against demonetisation and attacked Prime Minister Narendra Modi saying the government must go because the country was not safe in his hands. Flanked by leaders of SP, JD-U, NCP and AAP, Banerjee addressed a gathering at Jantar Mantar where she alleged the

Jammu, Nov 23: Army today launched a counter offensive against Pakistan along the LoC after three Indian soldiers were killed, with body of one of them mutilated in a cross-LoC attack, even as Pakistani troops continued to shell Indian positions, injuring two BSF jawans. The offensive came hours after the Indian Army vowed "heavy retribution" to the attack on its soldier. Brigadier General Staff

New Delhi, Nov 23: Opposition parties today came together to protest against demonetisation outside Parliament, with Congress vice president Rahul Gandhi describing it as the world's "biggest impromptu financial experiment" and said they are firm on their demand for a JPC probe into the "scam". With a united opposition protesting and almost 200 MPs from various parties participating in the

Srinagar, Nov 22: Three Indian soldiers were killed and body of one of them was mutilated by Pakistan troops on the Line of Control in Machhal sector of Kashmir, army said today. This is the second such incident of mutilation of the body of an Indian soldier on the LoC since October 29. "Three soldiers killed in action on LC (Line of Control) in Machhal. Body of one soldier mutilated," the Army