INDIA
Top stories this morning.
Union Commerce Minister Nirmala Sitharaman on Friday wondered from where critics are getting the data that the economy will shrink and job losses will take place following demonetization.
"I am surprised that these assumptions are being made without any substantive data. The Chief Statistician of India has already stated that the data on the impact of the policy will be ready only by next year," she said. Read full story
Hitting back at BJP for its claim that army presence at toll plazas in West Bengal was routine exercise conducted in full knowledge of local authorities, TMC leader Derek O'Brien has asked the Centre to "show the document" which proves that the state had "invited" or given "permission" for it. Read more
All that the Income-Tax (I-T) Department could unearth from the residence and office of Mahesh Shah, a land dealer in Jodhpur Cross Roads, Ahmedabad, was some documents on land deals, though Shah had declared Rs 13,860 crore in cash under the Income Disclosure Scheme (IDS). Read more
Breaking decades of US diplomatic policy, President-elect Donald Trump spoke to Taiwanese President Tsai Ing-wen and a discussed various issues, a move which could infuriate China. Read more
Halfway through the winter session of Parliament, the government is planning to reach out to Opposition parties for their cooperation in the passage of non-controversial bills, even as the face-off over demonetization has paralysed both Houses. Read details