Delhi Metro: Head Constable Caught On Camera 'Helping Tthieves Suspended

A Delhi Police head constable was suspended Wednesday for allegedly helping thieves at a Delhi Metro station after the act was caught on CCTV, the Hindustan Times reported. According to the report, the constable was caught on camera accepting something from one of the thieves and pocketing it.

A ‘gang’ of women was nabbed after a US-based woman complained that her valuables were stolen while traveling in Delhi Metro. After the CCTV footage was scrutinised by police, it was found that the gang consisted of six women and they were also seen with the head constable in question.

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TV's 10 highest paid actors in 2016, Kapil sharma, Hina khan and others on the list

India’s film industry might be the largest in the world. But who says the country’s television is lagging behind? It is fast growing and might just surpass Bollywood in no time. No wonder all our film celebs do not mind making their television debuts. Sometimes it is due to the content that clicks better with the audience than films, at others it is due to the remuneration. With the biggest Bollywood banners like Balaji, Rajshri and Vishesh Films not minding investing in television, the entire budget and production cost is growing with each new television show. So much so, that the makers are ready to sign TV actors for an enormous amount of money too.

Here is a list of the highest paid television actors, who walked home with the most moolah in 2016.

Kapil Sharma has been on top of this list for a while now. But what we saw this year can give anyone a run for their money, quite literally. According to reports, Kapil is getting a whopping Rs. 110 crore for his renewed year-long stint with Sony. Considering his show The Kapil Sharma Show is the top TRP generator not just on the channel, but on the Indian television currently, the comedian easily pockets Rs 60-80 lakh per episode.

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Demonetisation: Was RBI given enough time to discuss note ban, Manmohan Singh asks House panel

During a meeting of the Parliamentary Committee on Finance on Thursday, former Prime Minister Manmohan Singh sought to know whether the RBI was given sufficient time to hold deliberations on the government’s demonetisation move. He also suggested that the panel — which is looking into the demonetisation decision — call government officials to depose before it hears RBI Governor Urjit Patel.

The issue was being discussed in presence of independent experts, including economists Rajiv Kumar and Mahesh Vyas, former chief statistician Pronab Sen and Kavita Rao of National Institute of Public Finance and Policy, who had been called to offer their views to the panel. Three of the experts were critical of the demonetisation decision, sources said.

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Najeeb Jung VS Kejriwal Govt: 5 Issues Over Which They Fought Over

Delhi lieutenant governor Najeeb Jung’s shock resignation on Thursday came after months of acrimony with the Aam Aadmi Party government – a feud that saw governance in the Capital suffer.
Since chief minister Arvind Kejriwal stormed to power in 2014, his administration has been locked in a bitter power tussle with Jung that has ranged from control of police to bureaucratic appointments and clearance of files.
Here’s a look at the top five contentious issues:
1. The Anti-Corruption Bureau
The Delhi government appointed SS Yadav as ACB chief but the L-G rejected that appointment and replaced him with MS Meena. The ACB is a pet project of Kejriwal, who had promised during his election campaign that he would use the bureau to cleanse the Capital of corruption.
2. Appointment of senior bureaucrats

AAP government opposed the appointment of Shakuntala Gamlin as acting chief secretary and Dharam Pal as home secretary. Delhi government gave additional charge of home to principal secretary to CM, Rajendra Kumar. L-G refused to back down, creating a peculiar situation where the city had two home secretaries.

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Here is how to get RS, 2000 home delivered via snapdeal

Still facing a cash crunch following demonetisation? Snapdeal has you covered. The Indian e-commerce major has announced today the launch of a new service, dubbed ‘Cash@Home’ that will allow customers to order cash and have it delivered to them at their doorstep.
Snapdeal is calling the new service as a goodwill gesture to users, allowing for easier access to cash without the hassle of queuing up at banks or ATMs. Snapdeal will be using the cash it receives during Cash on Delivery (CoD) to provide other users with cash in wholly owned subsidiary in India. A user can now request Rs 2,000 with every booking and will be able to pay for it using an ATM card from any bank. Snapdeal adds that ‘customers are not obliged to order anything else to access this new facility’.

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Paytm Claims 15 customers cheated it of Rs 6.15 lakh, CBI registers FIR

Digital wallet company PayTM on Friday claimed that 15 customers had cheated it to the tune of over Rs 6.15 lakh following which the Central Bureau of Investigation (CBI) has filed a case against the customers.

CBI has registered FIR against 15 customers who are residents of Kalkaji, Govindpuri and Saket besides unknown officials of One97 Communications--parent company of Paytm.
The complaint from the Manager Legal, M Sivakumar, claimed that the company makes payment for defective products received by a customer and also arranges a reverse pickup of the damaged product which is sent to the merchant.

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Dangal Movie review: Aamir khan's future performances will be measured against this one,

 Dangal has real meaning but its message doesn't overwhelm. Aamir Khan knows exactly when to ratchet it up and when to let go. The first-timers shine and fight for real. Sakshi Tanwar is familiar enough and yet new enough.

There comes a time when a star gives in to the demands of a role which he knows will make him not-pretty: as a wanna be wrestler past his prime, Aamir Khan is squat, with a heavy belly, a deliberate gait, and a grizzled beard. Only his jutting ears are familiar: the rest of him is pure character.

We are going to have to measure Aamir Khan’s future performances with this one: as Mahavir Singh Phogat, failed wrestler, rough-hewn but caring husband and father of four girls, he scales it up to a point where you can see the star take on a character, try it for size, and make it his own.

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My Notes Ban Speech Will Cause Earthquake, Claims Rahul Gandhi: 10 Facts

Tens of thousands of villages will soon be equipped with card-swiping machines to boost cashless payments, the finance minister said on Thursday, a month after the government banned high-value banknotes.

Prime Minister Narendra Modi unleashed chaos with his shock announcement last month that all Rs500 and Rs1,000 ($7.30, $14.60) notes—some 85% of all bills in circulation—would cease to be legal tender.

The move triggered a chronic shortage of cash with people forming long queues outside banks across the country for hours to get rid of their old notes. Cash accounts for 90% of transactions in India where millions rely heavily on notes for their daily transactions.

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India's Jayaram Jayalalitha Still 'Critical' After Heart attack

One of India's most popular and powerful politicians, J Jayalalitha, remains in a critical condition after suffering a heart attack on Sunday night, the hospital treating her said.

The statement from the hospital added she was still on life support systems.

Ms Jayalalitha has been receiving treatment for months and was last seen in public in September.

The former film star has been Tamil Nadu chief minister four times and is revered in the state.

Original Source:- http://bbc.in/2h4Uk4J

Real Estate, Mobile Phones, Cars: Currency Ban Batters All Sectors

In the first real evidence of the impact of demonetisation on economy, data coming in on Thursday showed a sharp drop in consumer purchases in November, with mobile phones, FMCG, home appliances, real estate, and cars bearing the brunt.

There is hope of a recovery once the cash crunch ebbs, but, for now, the news is grim. Sales of fast-moving consumer goods (FMCGs) – soap, detergent, toothpaste and cosmetics – were down 30% in November over the period last year.

A drop in car sales varying from 15% to 40% has been reported by dealers. Small towns, where mobile phone business was booming just a few weeks ago, have seen a 70% drop while 35% fewer phones were sold in cities.

Real estate  reported a 50% fall in inquiries, 30% in resale prices, and 20% in searches online and air tickets sold 15% less in November, forcing carriers to cut average fares on the 11 busiest routes by 20% to 30%..

Original Source: http://bit.ly/2gszXRT

Auto majors sail through Nov, brace for note ban impact in Dec

While retail sales at dealerships have suffered the full impact of demonetisation, the growth in wholesale volumes comes as dealers had relatively lower inventory after Diwali in October.

The passenger vehicle market felt the jitters of the government’s move to demonetise high-value currency of notes Rs 500 and Rs 1,000, with wholesale volumes rising by just four per cent last month. 

However, some companies, including market leader Maruti Suzuki, Tata Motors and Toyota Kirloskar, managed to post double-digit increase in November, as dealers indulged in building the inventory after Diwali and also brace for the ongoing marriage season.

Original Source: http://bit.ly/2fNAf6H

Here's How Dalal Street is Reacting To The Passage of the GST Bill

The Goods and Services Tax has become a reality as the Rajya Sabha passed the GST Constitution Amendment Bill with unanimous votes on Wednesday. 

The amendment is the 122 nd to the Constitution and will now head to the Presdent of India's door after it was earlier passed in the Lok Sabha. 
Here's how Dalal Street reacted to the passage of the Bill: 

Mihir Vora- Director and Chief Investment Officer, Max Life Insurance 
The passage of the Bill further enhances confidence in India's commitment to economic reforms. 

While implementation will take a few quarters, the writing is now on the wall - the organized sector will gain at the cost of the informal sector. 
In the short-term there may be some fiscal strain (depending on the rate finally implemented) but in the long-term, tax buoyancy will help in narrowing down the deficit. 

Original Source: http://bit.ly/2gPfeWs

New Income Disclosure Scheme: Do or Die For Black Money Holders.

After PM Modi's surgical strike on black money, cases of cash crunch, money laundering, and illegal exchange of discontinued notes started to surface which led to economic fiasco. So, after analyzing the recent developments, a new scheme Pradhan Mantri Garib Kalyan Yojana, 2016 (PMGKY) for disclosure of unaccounted money has made its way through Lok Sabha . Pradhan Mantri Garib Kalyan Yojana, 2016 gives an opportunity to all the black money hoarders to come out clean by declaring their undisclosed income and paying heavy taxes and penalty. The provisions of scheme require declarations to pay-

Which amounts to approximately 50 % tax of the undisclosed income. Apart from paying tax and penalty, the declarants will also be required to deposit 25% of the amount disclosed in the Pradhan Mantri Garib Kalyan Yojana, which will be interest free deposits locked in for a period of 4 years. After analysing the provisions of the new scheme and the amendments made in the existing provisions of the Income Tax Law, a person holding black money is left with three options- (a)    Declaring income under PMGKY, by filling a declaration form attracting a tax of 50% (30% tax, 33% surcharge on tax, 10% penalty) and depositing an additional 25% of income in the Pradhan Mantri Garib Kalyan Yojana, 2016 (which is refundable after 4 years) 

Original Source:- http://bit.ly/2fNqhTa

Reliance Jio Adds Over 1000 Customers Per Minute Since Launch; What Makes it a Winner?

Reliance Jio has reportedly crossed the 50 million subscriber mark in just 83 following its 4G services launch. Jio has emerged as the biggest broadband operator in India. A PTI report said that Jio set a record of acquiring 1,000 customers each minute and 6 lakh each day, since its launch on September 05. A source told PTI, “Jio continues to be the fastest growing company in the world and has crossed 50 million subscribers in record 83 days.”

This is a landmark in the telecom world as other networks took years to reach the 50 million customers mark. While Vodafone took 13 years, Airtel achieved it in 12 years. Meanwhile, Reliance Jio which launched in September already had 16 million customers in the first month itself. Cellular association COAI has reported that altogether Vodafone had 201.9 million customers in October while Bharti Airtel had 262.67 million and Idea Cellular had 180.25.

Original Source: http://bit.ly/2gIrZkn

Demonetisation: Currency Recall Could Cost India a Massive Rs 1.28 lakh crore

The transaction cost of the government’s demonetisation exercise is projected to be about Rs 1.28 lakh crore during the 50-day window till December 30, 2016, according to Centre for Monitoring Indian Economy (CMIE) estimates. According to Mahesh Vyas, the managing director and chief economist of CMIE, the exercise can only be considered worth if the government is able to unearth unaccounted cash worth at least the transaction cost. “If the government succeeds in unearthing even Rs.4 trillion unaccounted cash, then the transaction cost of this exercise would be about 26 per cent. It would be over 43 per cent if the unearthed cash is Rs.3 trillion,” Vyas said in his research note.

Though welcomed by many across the country, the government’s decision to demonetise higher currencies has left many in the lurch and utter state of confusion. The study also warned the impact of the rudimentary step could impact the economy over a longer period.

Original Source: http://bit.ly/2gIqq5Y