Penalty for holding old currency

Prime Minister Narendra Modi led the Union Cabinet has approved an ordinance to impose a penalty, including a jail term, for possession of the scrapped 500 and 1,000 rupee notes beyond a cut-off.

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He demands independent inquiry

Congress party vice president Rahul Gandhi has alleged that Narendra Modi as Gujarat Chief Minister had taken money from Sahara and Birla groups. He demanded an independent inquiry into it. Addressing a rally in Gujarat, Rahul Gandhi alleged that in the I-T records there are noting of Sahara officials’ claims that they had paid 9 times to Modi between October, 2013 and February, 2014. Similarly, as per documents with Income Tax department, the Birla group also paid Rs 12 crore to Modi when he was Chief Minister.

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Special court sentenced death to five militants in Dilsukhnagar blasts

The National Investigation Agency (NIA) Special Court in Hyderabad sentenced death to five Indian Mujahideen (IM) militants in the Dilsukhnagar twin blasts case. Asadullah Akthar, Zia Ur Rahman, Mohammed Tahseen Akthar, Ahmed Siddibappa Zarrar and Ajaz Shaikh were held guilty for the February 21, 2013 blasts in Hyderabad.

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Women literacy rate should be increase in the country: President Pranab Mukharjee

President Pranab Mukherjee gave a call that to improve the literacy rate among the women in the country and he expressed concern over the issue. He said that it is unfortunate that women's literacy is less than 65 percent, whereas overall literacy in India was 74 percent.

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He will be graced several programmes for 10 day

President Pranab Mukherjee has arrived in Hyderabad on Thursday on a 10 day winter holiday.The president was received at Hakimpet Airforce station by Governor ESL Narasimhan, Telangana Chief Minister K Chandrasekhar Rao and his cabinet colleagues besides Union Minister Bandaru Dattatreya and senior officials.

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Cash crunch continues until mid January

NITI Aayog Chief Excutive Officer Amitabh Kanth said that the cash crunch could be resolved by the middle or end of January 2017, with about Rs. 12 lakh crore in cash returning to the system by then. Mr. Kant also said that digital transactions and cash holdings could attract access.

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