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Rs 70 cr in new currency seized in Chennai

Income Tax sleuths busted a money exchange racket in Chennai on Thursday and seized Rs 90 crore in cash, of which 70 crore was in new notes, and 100 kg of gold in raids at eight locations.The locations where the raids were conducted included Anna Nagar and T Nagar, ANI reported.The IT Department also questioned several businessmen. -- ANIRepresentative image. ... Rediff.com, 5 minutes ago
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Urjit's 'no' foxes markets, divides bankers

RBI said the outlook for economic growth for 2016-17 has turned uncertain after the unexpected loss of momentum by 50 basis points in Q2 and the effects of the withdrawal of banned notes. Anup Roy/Business Standard reports from Mumbai. The monetary policy committee headed by Reserve Bank of India Governor Urjit Patel on Wednesday unanimously decided to keep the policy rate unchanged at 6.25 per cent, considering financial volatility related to an interest rate hike in the US and ...
 Rediff.com18 minutes ago
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PIX: Happy Birthday, Dharamji

Hema Malini and Esha Deol wish Dharmendra.Katrina Kaif poses for an underwater shoot.Akshay Kumar's Jolly LLB trailer set to release on December 19.Multistarrer Baadshaho to release on September 1, 2017.Abhishek's throwback picture with dadaji and sisters.Catch up with the top social media posts from your favourite celebrities. Hema Malini tweeted her birthday wishes for husband Dharmendra, 'Recalling today the best yrs of my career,best & happy yrs of togetherness till date ...
 Rediff.com22 minutes ago
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Paneerselvam holds discussions with Sasikala

Tamil Nadu Chief Minister O Panneerselvam today held discussions with his predecessor J Jayalalithaa's confidante Sasikala Natarajan for about two hours at the Poes Garden residence of the departed All India Anna Dravida Munnetra Kazhagam supremo in Chennai.Panneerselvam did not speak to the waiting media after emerging from the meeting.He was accompanied by senior ministers of his Cabinet including C Srinivasan and Edappady K Palaniswamy and P Thangamani.It was not known what was discussed in ...
 Rediff.com24 minutes ago
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Suspected militants loot another bank in Kashmir

Suspected militants on Thursday looted a bank branch in Pulwama district of south Kashmir and fired several rounds before fleeing with cash, police said in Srinagar. This is second incident of looting of a bank in Kashmir in a month. Four masked gunmen barged into the Jammu and Kashmir Bank branch at Arihal in Pulwama district and took away cash at gunpoint, a police official said. The gunmen fired five to six rounds before escaping from the spot, he said, adding, bank officials were ...
 Rediff.com44 minutes ago
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Only women wearing sari will be allowed in Padmanabhaswamy temple: Kerala HC

The Kerala high court on Thursday banned women from to wearing salwar kameez and churidar inside the Sri Padmanabhaswamy Temple in Thiruvanathapuram.As per the traditions of the temple, women devotees have to wear a mundu (dhoti) over their waist if they are attired in salwar or churidar.Only those women clad in saris would be allowed inside the temple, said the court.Earlier on November 30, 2016, temple executive officer K N Satheesh had allowed women to visit the temple wearing churidar.
 Rediff.com56 minutes ago
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The Shah Rukh Khan confession!

Yes, Shah Rukh Khan likes being "a very bad boy" in real life. No, he does not "consciously" decide to "play the bad boy" in his reel life. Yes, he thinks everyone should have a little bit of a "bad boy" in themselves.  IMAGE: Shah Rukh Khan arrives for the launch of the Raees trailer. As you can guess, 'being bad' was the overriding theme at the launch of the trailer for SRK's next film, Raees. His role here, as the "bad boy with the good heart" is in complete contrast to the ...
 Rediff.com1 hour ago
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Alert! Cyclone Vardah to slam into Andhra coast on Dec 12

The depression over southeast Bay of Bengal in Andaman and Nicobar Islands developed into a deep depression and intensified into a cyclonic storm "Vardah." The system is very likely to intensify into a severe cyclonic storm during the next 24 hours and it is expected to make a landfall in Andhra Pradesh coast on December 12, the Met Department said in Chennai on Thursday. Citing a less marked upper air cyclonic circulation over south Tamil Nadu and neighbourhood, the department said rain or ...
 Rediff.com1 hour ago
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Umpire Reiffel leaves the field after being hit by ball

On-field umpire Paul Reiffel was forced to leave the field on Thursday for medical attention after being hit on the back of the head by a throw from fielder Bhuvneshwar Kumar in the post lunch session on Day 1 of the fourth Test between India and England at the Wankhede Stadium in Mumbai.The former Australia fast bowler was standing at square leg when the ball thrown by Kumar from deep square leg hit him flush on the back of the head and he fell down on the turf. Play was halted for a while as ...
 Rediff.com1 hour ago Umpire Reiffel off field after being hit on head by ball  Rediff.com3 hours ago Bluesky's new look a hit with customers  Cook Islands News17 hours ago
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No service tax on debit, credit card transactions up to Rs 2,000

The government has been taking steps to promote cashless or digital transactions to take India towards a less-cash economy The government will waive service tax on debit and credit card transactions of up to Rs 2,000 in a bid to promote digital transactions amid cash crunch following withdrawal of old Rs 500 and 1,000 banknotes. The government has decided to "exempt services by an acquiring bank to any person in relation to settlement of an amount up to Rs 2,000 in a single transaction ...
 Rediff.com1 hour ago
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