Front Page / NATIONAL
2016 turns annus horribilis for security forces in J&K: The year 2016 is turning out to be the worst year for security forces in Kashmir in almost a decade. Number of deaths and injuries has been the highest since 2007.
Lashkar desperate for new notes: Terror outfit’s logistics and striking capabilities have been hit by demonetisation.
Lt-Gen. Qamar Javed Bajwa named Pakistan’s new army chief: He will replace outgoing army chief Raheel Sharif and is expected to help reset fraught relations between the military and the civilian govt.
Cuba loses its El Comandante, India a friend: India held a special place in the heart of the revolutionary icon, with a succession of Prime Ministers experiencing the warmth of his friendship.
GST transmission clause spooks industry: The Centre has empowered itself to impose penalties on businesses that fail to pass on the benefits of the new indirect tax regime to consumers in the form of lower prices, triggering concerns in industry about a return to the era of socialist controls and harassment.
RBI takes measures to absorb excess liquidity: The Reserve Bank of India (RBI) has taken steps to absorb excess liquidity in the banking system following demonetisation and said banks have to maintain 100 per cent cash reserve ratio (CRR) for the deposits they have received between September 16, 2016 and November 11, 2016.
‘Need stimulus to revive demand’: The Centre’s demonetisation of high-value currency notes had triggered a sharp drop in demand with several sectors recording more than 30 per cent fall in sales.
Demonetisation will bring economy to a new equilibrium, says NITI Aayog CEO: Demonetisation will bring the Indian economy to a new equilibrium with low tax regime and lower interest rates.
Science and Technology
The stealth superbug, decoded: Genome sequencing of Candida auris, a fungus that has caused disease outbreaks in five continents this year. Candidiasis is a fungal infection caused by Candida species, often seen in patients whose immune system is compromised.
H5N8 expands its reach: Health Ministry issues advisory despite the low risk this bird flu strain poses.
A Bill that falls short: The version of the HIV Bill to be tabled in Parliament is a watered down, emasculated and weak form which has too many flaws; it is no game changer.
No jobs, no credit growth, no private investments: The most pressing concerns that are uppermost in everyone’s mind are: jobs, credit growth and investment.
Noteworthy leak: Many myths on demonetisation have gone viral including presence of a chip in the new notes which can be downloaded by the Income Tax.