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Rs 14 lakh crore cash junked — what that means for black money

Rs 14 lakh crore — or $217 billion, 86 per cent of the value of Indian currency currently in circulation — became useless from midnight of November 8, 2016, part of the governments crackdown on black, or unaccounted, money. Rs 500 notes amount to Rs 7.85 lakh crore (approx. $120 billion), while Rs 1,000 add

‘Pot calling kettle black’: Amarinder on Badal’s divisive politics charge

Chandigarh: State Congress chief Captain Amarinder Singh on Sunday said Chief Minister Parkash Singh Badal’s charge that Congress pursued “divisive politics” was a classic case of “pot calling the kettle black”. Refuting Badal’s allegation that Congress was playing divisive politics over burning of ‘Chitta Raavan’ effigies, he said, “Rather, the burning of Chitta Raavan has

‘India’s 54 pc people giving bribe; 50 pc GDP is black’

Patiala: The School of Social Sciences at Punjabi University, in association with the Indian Institute of Public Administration , Patiala Branch on Wednesday organised a Guest Lecture on “ Strenthening of Ethical and moral values in Governance “ at the Punjabi University. The Lecturewas delivered by Prof V K Malhotra, head of the department of Economics

Black flags shown to Kerala CM, ministers

Thiruvananthapuram: Activists of Youth Congress and Kerala Students’ Union, the youth and students’ outfits of the Congress party, today showed black flags to Chief Minister Pinarayi Vijayan near the state Secretariat here as part of their agitation over the issue of fees and admission in private medical colleges. Police said some protesters showed black flags


Pak declares Wani as ‘martyr’; to observe July 19 as black day

Islamabad: Further needling India on the Kashmir issue, Pakistan Prime Minister Nawaz Sharif on Friday declared slain Hizbul commander Burhan Wani as a “martyr” and said July 19 will be observed as black day to express solidarity with people of Kashmir. Addressing a special cabinet meeting in Lahore to discuss the situation in Kashmir, Sharif

Black money: SIT for ban on cash transactions over Rs 3 lakh

New Delhi: In order to tackle black money, the Special Investigation Team (SIT) has recommended a total ban on cash transactions above Rs 300,000 and an act be framed to declare such transactions as illegal and punishable under law, an official statement said here on Thursday. The fifth SIT report has been submitted before the

Gravitational waves detected, merging black holes for second time

Washington: For the second time in history, an international team of scientists and engineers have detected gravitational waves — ripples in the fabric of space-time — and a pair of colliding black holes. Using the twin, US-based Advanced Laser Interferometer Gravitational-wave Observatory (LIGO) detectors, the second detection occurred on December 26 last year and is

JNUSU President Kanhaiya Kumar shown black flags in Patna

Patna: JNUSU president Kanhaiya Kumar was on Sunday shown black flags at a function here by two unidentified persons who were roughed up by his supporters before being detained by the police for questioning. The two persons belonging to a little-known outfit -‘Youth Swaraj’ – showed black flags to the JNUSU president, besides raising slogan