Loss from House logjam greater than Bofors scandal: Ex-SC judge

New Delhi, Dec 9 : Former Supreme Court Judge N Santosh Hegde on Friday flayed the opposition for stalling Parliament over demonetisation, saying the loss due to the disruptions is greater than the money lost in the Bofors scandal. “The sad part of our politics is if you are in the opposition, you have to […]

85% ATMs recalibrated till November 30

New Delhi, Dec 9 : As many as 85 per cent ATMs have been recalibrated by November 30 for the new currency notes, Parliament was informed on Friday. “Till November 30, a total of 179,614 ATMs have been recalibrated. There are 211,594 ATMs of scheduled commercial banks and 14,324 white label ATMs in the country […]

CBI arrests former IAF chief S.P. Tyagi

New Delhi, Dec 9 : The CBI on Friday arrested former Indian Air Force (IAF) chief S.P. Tyagi on charges of corruption in its ongoing probe into the Rs 3,600-crore AgustaWestland helicopter deal. S.P. Tyagi was arrested from Delhi along with his cousin Sanjeev Tyagi alias Julie Tyagi and a Delhi-based lawyer, Gautam Khaitan. S.P. […]

Less cash economy to take India to developed world levels: Assocham

New Delhi, Dec 9 : Exhorting its members to shift to digital format for business, industry chamber Assocham on Friday said the demonetisation drive would not only check the menace of black money and corruption but would also bring a large part of the informal economy into the organised sector. “The digital transactions through banking, […]

SAARC going through teething problem: Akbar

New Delhi, Dec 9 : Minister of State for External Affairs M.J. Akbar has said the South Asian University (SAU) is functioning better than SAARC — its parent organisation. “While SAARC is going through teething problem… South Asian University is functioning far more smoothly than the regional body itself,” the minister said on Thursday. The […]

IAF chief reviews security scenario in Northeast

Shillong, Dec 9 : Indian Air Force chief Air Chief Marshal Arup Raha on Friday reviewed the security scenario in the Northeast with commanders from the Eastern Air Command. Raha, who is here on a two-day visit, inaugurated the Commanders’ Conference at the Command Headquarters here in Meghalaya. The Conference is being hosted by Air […]