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Demonetisation was not required at all: Manmohan Singh

Demonetisation was not required at all: Manmohan Singh

Former Prime Minister Manmohan Singh today said the economy is on a "downhill path" because of the "adventure" of demonetisation undertaken last year which was not required at all, either technically or economically.Singh, a renowned economist considered to be the architect of the reforms of early 1990s, said demonetisation has not been successful in any civilised country, except some of the Latin American nation."I don't think demonetisation was at all required... I don't think it was ..., 5 hours ago

Doctor death case: BMC gives clean chit to its staff

The panel set up by the Brihanmumbai Municipal Corporation after the death of renowned gastroenterologist Dr Deepak Amrapurkar, who fell into an open manhole during the torrential rain of August 29, has given aclean chit to civic body employees.It said there were no "slip ups" on part of the BMC employees but some locals had opened the manholes of storm water drain.The committee was constituted on the orders of Municipal Commissioner Ajoy Mehta to ascertain the cause of the doctor's death and ...
 Rediff.com6 hours ago

No communication from Rane so far on joining party, says BJP

The BJP today said that although it has not received any formal communication from former Congress leader Narayan Rane, any decision about his joining the party will be taken by the top brass.Putting an end to months of speculation yesterday, Rane announced his resignation from the party amid indication that he was veering towards an innings in the ruling BJP. Maharashtra Revenue Minister Chandrakant Patil, when asked by reporters about Rane's entry into the BJP, said, "I have no authority to ...
 Rediff.com6 hours ago

CBI takes over probe into Ryan student's killing

The Central Bureau of Investigation on Friday took over the probe into the killing of a seven-year-old student of Ryan International School in Gurugram, hours after his father threatened to move the Supreme Court if the agency did not start the investigation by Saturday. CBI spokesperson Abhishek Dayal said the agency took over the probe after a notification from the central government was received on Friday. According to the procedure, it has re-registered the FIR of the Gurugram Police which ...
 Rediff.com6 hours ago

Hundreds of thousands sign petition to 'save Uber' in London

Uber, after losing its licence to operate in London, has stoked the rage of its customers by sending a strongly-worded email about TfL and encouraging them to sign a petition.A petition, on, was receiving about 1,000 signatures a minute Friday morning, as people reacted to the Sadiq Khan-endorsed decision to remove Uber from London's streets.The email, sent to UK customers, says: "As you may have heard, the Mayor and Transport for London have announced they will not be renewing ...
 Rediff.com6 hours ago Uber loses its licence to operate in London  Rediff.com12 hours ago Uber loses licence to operate in London  Rediff.com14 hours ago

Under-17 World Cup Digest: New Zealand first team to arrive

IMAGE: The official ball of the FIFA under-17 football World Cup. Photograph: FIFA.COM/Twitter The New Zealand team arrived in Mumbai for the upcoming FIFA U-17 World Cup, to be played across six cities in India. The team arrived on Friday afternoon and was taken to a hotel in suburban Andheri by the Mumbai District Football Association President Aaditya Thackeray. New Zealand are placed in Group B along with Turkey, Paraguay and Mali. They will play their first two group matches against ...
 Rediff.com6 hours ago FIFA U-17 World Cup Trophy makes pit-stop in Kochi  Rediff.com13 hours ago

Dawood's wife met her father in Mumbai last year: Kaskar to cops

Underworld don Dawood Ibrahim's wife Mehajabin Shaikh had visited Mumbai to meet her father last year, police officials said, quoting the fugitive gangster's brother Iqbal Kaskar, who has been held in an extortion case.The sensational revelation came after Kaskar had earlier told interrogators that Dawood, a designated global terrorist, is still in Pakistan.Kaskar, arrested by the Anti-Extortion Cell of the Thane police earlier this week, has given some vital information about Dawood and his ...
 Rediff.com7 hours ago

Sports Shorts: Holders ATK play runner-up Kerala Blasters in ISL 4 opener

 A summary of sports events and sports persons, who made news on Friday IMAGE: Atletico de Kolkata won the Indian Super League (ISL) final in 2014 and 2016. Photograph: PTI Two-time champions and holders ATK will take on runner-up Kerala Blasters in the opening match of the Hero Indian Super League season 4 at the Vivekananda Yuba Bharati Krirangan in Kolkata on November 17. The match is a re-run of last year's final and the Kerala outfit would be eager to make amends for that ...
 Rediff.com7 hours ago

PM Modi releases postage stamp on Lord Ram

Prime Minister Narendra Modi on Friday released a postage stamp on different aspects of Lord Ram’s life at the historic Tulsi Manas Mandir in Varanasi, and said he was a source of inspiration for every individual. “There have been many stamps on Lord Ram, but this is the first of its kind stamp, which depicts different aspects of his life. This has not been done in the past. I am happy that I have got the opportunity to do this from the holy soil of Manas,” he said.   ...
 Rediff.com7 hours ago

Note ban was a shake-up, achieved its main objectives: Jaitley

Finance Minister Arun Jaitley today said demonetisation was a shake-up which achieved its "principal objectives" of decreasing cash transactions,expanding the tax base and increasing digitisation."Confiscating" the money was not the aim, he pointed out."Demonetisation was certainly a shake-up," Jaitley said at the Bloomberg India Economic Forum here."I think the demonetisation debate in India actually is being held at two different levels. The first level was 'there's an inconvenience caused, ...
 Rediff.com7 hours ago
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