5th January News in Nutshell: Important stories of the day
Important stories of the day
National News
Demonetisation may lead to temporary slowdown of economy, warns President Mukherjee
President Pranab Mukherjee on Wednesday warned that the Centre’s move to demonetise 86 per cent of total cash in circulation may lead to "temporary slowdown" of the economy while holding that the move will help in “immobilising black money and fighting corruption.”
After support to notes ban, Nitish Kumar praises Modi on prohibition; PM returns compliment
After Bihar Chief Minister Nitish Kumar’s public support to Prime Minister Narendra Modi on demonetisation move, both leaders were full of praise for each other for their respective actions taken for prohibition.
SP showdown: Akhilesh gets 206 MLAs, 55 MLCs to sign affidavits in his support
In a show of strength set to escalate into a full blown showdown, Uttar Pradesh Chief Minister Akhilesh Yadav today met loyalist party MLAs here and collected signed affidavits declaring him the president of ruling Samajwadi Party.
CBI denies Rajendra Kumar’s allegations that he was pressurised to implicate Kejriwal
The Central Bureau of Investigation (CBI) today strongly refuted allegations levelled by Delhi CM Arvind Kejriwal’s ex-principal secretary, Rajendra Kumar, that he was humiliated in the custody and was pressurized to implicate the AAP chief for alleged wrongdoings he is accused of.
Delhi shame: 200 drunk men ‘molest’ woman on New Year’s eve in Mukherjee Nagar
With Bengaluru molestation case gaining national media attention, a new video has emerged that shows a possible re-run of the shocking incident in national capital on the eve of the new year.
International News
Donald Trump appoints Indian-American to key White House position
US President-elect Donald Trump has appointed an expert on strategic communications and political research, Raj Shah, as his deputy assistant and research director on the White House staff.
Fight for Obamacare; don’t help Republicans on passing replacement measures, Obama tells Democrats
As Republicans prepare to take over the reins of power, outgoing US President Barack Obama has urged fellow Democrats to save his legacy and the signature healthcare reform law.
Edgy China asks India to ‘cool off missile fever’, warns of helping Pakistan build nuclear arsenal
Flustered with India’s missile program and successful test-firing of the Agni-IV inter-continental ballistic missile (ICBM), China has conveyed through its media that “India needs to cool its missile fever” and that continuing to ramp up its long-range missiles will help its “all-weather ally” Pakistan to do the same.
Business News
Won't interfere in RBI's refusal of old notes, clarifies Arun Jaitley
Finance Minister Arun Jaitley has ruled out interfering with the Reserve Bank of India's conditions barring anyone other than NRIs and Indians returning from abroad from depositing the junked notes in select central bank branches.
Estimates of scrapped notes back with banks may be incorrect, still collecting data: RBI
Falling short of rejecting the reported figures of demonetised currency that has been returned to the banks by the December 30 deadline, the Reserve Bank of India on Thursday said such estimates may not be correct as it is still in the process of counting scrapped notes of Rs 500 and Rs 1000 which have been deposited to banks.
Apple to invest Rs 6700 crore in Softbank's vision fund
Smartphone giant Apple has confirmed it plans to invest $1 billion (Rs 6700 crore) in Japanese telecom giant SoftBank's massive $100 billion(Rs 670000 crore) Vision Fund
Entertainment News
Father of a daughter Akshay, slams Bengaluru molestation case, calls animal better
The starting of the New Year was very traumatising for Banguluru with horrific incidents of molestation. Many celebrities have voiced their opinion on the issue and the latest one to take stand is actor Akshay Kumar.
Sonakshi opens up about her role in ‘Noor’
Actress Sonakshi Sinha who will be essaying the role of a journalist in ‘Noor’ recently revealed that people will not face any difficulty to relate to her character. The film is the adaptation of Saba Imtiaz's novel "Karachi, You're Killing Me!".
It seems that difficulties surrounding the release of Sunil Grover’s film 'Coffee With D' will not end soon. After receiving threat calls from underworld, now the release of the film is postponed. However, makers stayed mum on the entire issue
Sports News
Would have staged 'dharna' if MS Dhoni had retired, says Sunil Gavaskar
Veteran Indian cricketer Sunil Gavaskar may be okay with MS Dhoni’s decision to quit limited-overs captaincy, he believes that the Jharkhand boy still has a lot to offer to the Indian team. Retiring from the Indian side altogether is something he would not have been okay with.
As Dhoni quits, Virat Kohli to step in as skipper in all three formats
With Mahendra Singh Dhoni's surprise announcement of stepping down as the limited-over skipper, the national selectors are expected to name Virat Kohli as the captain when they pick the squad for three ODIs and three T20 Internationals against England.
SAFF Women's Championship: India beat Bangladesh 3-1 to win record fourth title in a row
A dominant India defeated Bangladesh 3-1 to win their fourth consecutive SAFF Women's Football Championship title at the Kanchenjunga Stadium, on Wednesday.