Thursday, November 24, 2016

No more exchange of old Rs 500 and Rs 1000 notes

No more exchange of old Rs 500 and Rs 1000 notes

NEWSPAPER HEADLINES
The Director Generals of Military Operations of India and Pakistan talking to each other on cross border shelling, Nikki Haley being named by US President- elect Donald Trump as the UN envoy and the Supreme court pulling up the government for delay in appointing a Lokpal are some lead stories across papers today.
"Pak says 14 killed in Indian shelling-LoC bleeds: DGMO's have unscheduled talk at Pak's request" writes the Hindustan Times.
"Jan Dhan soars enormously " is the lead story in the Pioneer. The paper writes that 21,000 crore rupees have been deposited in accounts since demonetisation, while the Financial express adds "Money launderers used accounts to sidestep demonetization; of this, 4,500 crore rupees withdrawn".
The Hindu reports that the Comptroller and Auditor General of India has pulled up the Income Tax department for giving hundreds of crores in tax exemption to several companies by extending benefits available only for infrastructure projects and that the biggest beneficiary of this exemption was Reliance Industries.
Reporting on the PM app survey on demonetization, the Indian Express writes that opposition parties have questioned the credibility and the kind of questions asked in the survey.
The Asian Age writes that in fresh moves to boost startups, SEBI has relaxed funding rules for them and allowed foreign investment in unlisted corporate bonds while banning private equity funds and promoters of listed firms from side deals for profit sharing.
And finally, in good news for copyright advocates, the Times of India writes that Chinese scientists have developed an innovative optical watermark that can be used to prevent photos, videos and books from being illegally copied and distributed.

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