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Note ban: Centre may still get a windfall

Note ban: Centre may still get a windfall

Bank deposits may touch Rs 17 lakh crore by December 30 The theory that all banned notes will come back into the system may not be true.Anup Roy/Business Standard finds out. With the government deciding to remain silent on the exact amount that banks have received in deposits through old currency notes by now, speculation is rife that the entire money scrapped could be coming back to the Reserve Bank of India by December 30. Therefore, questions could be raised about the utility of the ..., 11 minutes ago

'60% of MLAs and MPs are there because of Sasikala'

IMAGE: Sivaji Ganesan, M Karunanidhi, MGR and Jayalalitha in happier times. 'A person who came to take care of Jayalalithaa's personal needs slowly took control of her political life.''Today, 60% of MLAs, MPs and office-bearers have reached there because of Sasikala and only the rest are the followers of MGR and Jayalalithaa.' In 1972, Durai Karunanidhi, all of 18, joined the newly formed All India Anna Dravida Munnetra Kazhagam launched by movie superstar M G Ramachandran, which is why the 62 ...
 Rediff.com42 minutes ago

Trump may move closer to India to 'suppress' Beijing: Chinese media

The Indo-United States relations will become an important part of President-elect Donald Trump’s diplomacy to ‘suppress’ China, but it will have limited impact on Beijing as New Delhi may not accept a ‘quasi-alliance’ with Washington, DC to retain its independent foreign policy, the Chinese state media commented on Tuesday. 'US-Indian relations will become an important part of Trump’s diplomacy. With the purpose of stabilising the external situation and ...
 Rediff.com44 minutes ago Carson Rose From Poor Childhood to Acclaimed Neurosurgeon  Epoch Times14 hours ago Donald Trump names man he once ridiculed to key post  WA Today14 hours ago Memo to Ben Carson: Push for a Repeal of the Community Reinvestment Act  National Review14 hours ago

Amid cries of 'Amma', sea of humanity throngs Rajaji hall

Cries of "Amma" rent the air as a sea of humanity thronged the Rajaji Hall grounds on Tuesday to pay their last respects to AIADMK supremo and Tamil Nadu Chief Minister J Jayalalithaa, whose body lay in state in Chennai where normal life virtually came to a grinding halt. As tributes poured in from far and wide after the actress-turned-politicians's death on Monday night, the body of Jayalalithaa, which was draped in her favourite green colour saree, was taken from her Poes Garden residence ...
 Rediff.com46 minutes ago

PM Modi pays tribute to Jayalalithaa, consoles Panneerdelvam

Prime Minister Narendra Modi on Monday visited Rajaji Hall in Chennai to pay his last respects to Jayalalithaa.Modi placed a wreath and paid tributes. Modi was seen comforting newly-elected Chief Minister O Panneerselvam.He also met Jayalalithaa's aide Sasikala.In a series of tweets last night, the Prime Minister, who enjoyed a good personal equation with the late leader, had said that he was "deeply saddened at the passing away of Selvi Jayalalithaa. Her demise has left a huge void in Indian ...
 Rediff.com46 minutes ago PM Modi to shortly leave for Chennai to pay tributes to Jayalalithaa  Rediff.com5 hours ago Deeply saddened at the passing away of Selvi Jayalalithaa: PM  Rediff.com13 hours ago

Why consumer companies are staring at a bleak Q3

Double whammy for consumer firms, where the top line will remain subdued due to demonetisation and margins will squeeze owing to a crude oil spike and rupee depreciation, reports Viveat Susan Pinto/Business Standard from Mumbai. IMAGE: The pressure to raise prices is growing as input prices shoot up. Photograph: PTI Photo. Demonetisation is not the only worry for consumer companies in the December quarter. Operating profit margins could come under pressure as a spike in crude oil prices and ...
 Rediff.com1 hour ago

Tamil Nadu turns dry for three days

State-run retail liquor outlets in Tamil Nadu will be closed for three days from today as a mark of respect to departed AIADMK supremo J Jayalalithaa, the state government said. The Prohibition and Excise Department said in a communication that all shops of the Tamil Nadu State Marketing Corporation and bars throughout the state be closed on December 6,7 and 8 "as a mark of respect to late Selvi J Jayalalithaa." It also directed that other licenced premises selling liquor should also ...
 Rediff.com1 hour ago Shocked Tamil Nadu shuts down to mourn Amma's demise  Rediff.com3 hours ago Tamil Nadu's December jinx  Rediff.com6 hours ago O Panneerselvam sworn in as Tamil Nadu CM  Rediff.com12 hours ago

At Rajaji Hall, Sasikala stands by her 'akka'

Clad in a black saree, a sombre-looking Sasikala Natarajan, who remained a wall of support for Jayalalithaa through thick and thin, remained beside the casket of the departed leader as people filed past it paying their homage. Intermittently standing up and touching Jayalalithaa's face, which was kept in state at Rajaji Hall, Sasikala looked lost even as she acknowledged the condolences of visitors. Jayalalithaa's demise is seen as a personal loss for the 59-year-old Sasikala who was probably ...
 Rediff.com1 hour ago At Rajaji Hall, Sasikala's family stands by Jayalalithaa  Rediff.com2 hours ago

Is Zaheer Khan dating the Chak De! India girl?

Are they or are they not? In the age of social media, rumours become facts and facts become rumours. Though no one has confirmed that Zaheer Khan is dating Chak De! India actress Sagarika Ghatge, her Instagram pix suggests that something is brewing. Sagarika was seen at Zak's birthday party on October 7, but no one sensed she was dating the Indian pace bowling legend then. More pix of the duo have since emerged on social media, leading to the belief that they are now a couple. On the day of ...
 Rediff.com1 hour ago

Why this is the right time to buy your dream car

Discounts are at their highest levels around this time Maruti and M&M are offering cash benefits Prices will most likely go up in January Ajay Modi/Business Standard reports from New Delhi. "If I were in the market to buy a car, I would have bought it now," says Jnaneswar Sen, the senior vice-president (sales & marketing), Honda Cars India. Impacted by the cash crunch in the hands of buyers, car makers are doing their best to bring them back to the showrooms. From discounts to ...
 Rediff.com1 hour ago
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