Saudi King's Month-Long Journey In Asia With Traveling Court Of 1,000

Saudi King Salman bin Abdul Aziz's month-long journey through Asia has been eye-catching because of its scale. The world's most powerful royal is touring seven countries with a traveling court of more than 1,000 people, including 25 princes and 10 ministers. The entourage's total baggage weighs a reported 506 tons.

Saudi King Salman bin Abdul AzizSaudi King's Month-Long Journey In Asia With Traveling Court Of 1000international team of lawyersincluding Amal Clooney

Over 2 Crores In New Notes Seized From Businessman In Assam

In a major seizure, the Income Tax Department today recovered at least Rs. 2.3 crore cash in new currency notes from a local businessman. According to officials, I-T investigators raided the house and business entity of Amulya Das, owner of Mahim Enterprises in Nagaon town, this afternoon.

"The counting is not yet over. So far Rs. 2.3 crore have been recovered. All the cash are in new notes of Rs. 2,000 and Rs. 500. The amount may increase further," an official said.

When contacted, Nagaon Superintendent of Police Debaraj Upadhaya confirmed the development.

Income Tax2000000 and Rs. 500 currency

Francois Hollande Hails Slight French Jobless Fall

The number of unemployed in France fell by nearly 12,000 in October, bringing the total reduction this year to over 100,000 in what President Francois Hollande said Thursday was proof his policies were "bearing fruit".

The figures were eagerly awaited because Hollande has said he would only make a bid for re-election if he could make a "credible" reduction in unemployment by the end of his mandate.

The Socialist president is expected to decide next month whether to stand again despite the lowest popularity ratings of any post-war French president.

Franceunemployednearly12000PresidentFrancois Hollande

Old 500 Notes Can Be Used For More Transactions But Exchange Stopped

The government
in a decision taken on Thursday stopped the exchange of banned 500 and 1,000 currency notes at banks, effective from midnight of November 24. The government said that the exchange of old currency notes 500 and 1000 denomination "has shown a declining trend".  

"It has further been felt that people may be encouraged and facilitated to deposit their old Rs. 500 and Rs. 1000 notes in their bank accounts. This will encourage people who are still unbanked, to open new bank accounts," the government said in a statement.

Governmentdecisionstoppedexchangebanned 500 and 1000

Turkey Dismisses Close To 15,000 More In Post-Coup Probe

Turkey on Tuesday dismissed close to 15,000 more civil servants, military officials, police and others and shut down 375 institutions and news outlets in investigations over a failed coup in July, authorities said in two official decrees.

More than 110,000 people have been sacked or suspended in the military, civil service, judiciary and elsewhere, while 36,000 people have been jailed pending trial as part of the investigation into the failed putsch.

Turkeydismissed15000civil servantsmilitary officialsPolice

Arvind Kejriwal Demands Rollback Of Move To Scrap Old Notes, Calls It 'Huge Scam'

Delhi Chief Minister Arvind Kejriwal on Saturday said that the government's ambitious plan to withdraw 500 and 1,000 rupee notes from circulation was a huge scam and said it should be nixed immediately.

"Before the PM announced the move on Tuesday, the BJP and its friends had been alerted and they had already stashed their cash," he said.

Days before Prime Minister Narendra Modi made the dramatic announcement on Tuesday, a BJP official in Punjab posed on Twitter with bundles of the new 2,000 rupee notes, Mr Kejriwal said.

DelhiChief MinisterArvind Kejriwalimmediately500 and 1000Scrap Old Notes

Finance Minister Arun Jaitley Dispels Rumours Of 'GPS Chip' In Rs. 2,000 Note

 Finance Minister Arun Jaitley on Wednesday dispelled rumours of the Rs. 2,000 note having a 'micro nano GPS chip' to enable its tracking through satellite.

"From where did you come to know this? I haven't heard of it," Mr Jaitley said when asked whether the Rs. 2,000 currency note, being issued by the government, had a chip to enable its satellite tracking.

According to the rumours doing rounds on social media, the currency note carries a chip that makes it detectable when a pile is kept together, and it can be also tracked via satellite.

Finance MinisterArun JaitleyRs. 2000'micro nano GPS chip'

India, US Likely To Seal Deal Worth Rs. 5,000 Crore For 145 Ultra-Light Howitzers

 India and the US are likely to sign an agreement for the purchase of 145 American Ultra-Light Howitzers, worth about Rs. 5,000 crore, this fiscal, the first deal for artillery guns since the Bofors scandal in 1980s.

The Defence Ministry on Thursday cleared the file for M777 guns, which would now be sent to the Finance Ministry before being put up before the Cabinet Committee on Security.

Sources said the approval for certain "deviations" were made.

IndiaUSRs. 5000American Ultra-Light Howitzers

65,000 housing project: Cabinet papers to be submitted today

Papers with regard to the 65,000 housing project for the internal displaced people in the North and East are to be submitted to the Cabinet today (Oct. 18) by the Ministry of Resettlement.

The Cabinet Committee on Economic Management (CCEM) headed by the Prime Minister recommended this week for the project to be re-tendered in smaller packages.

French steel giant ArcelorMittal’s US$1 billion (Rs.146 billion) bid to singly erect 65,000 prefab dwellings in Sri Lanka for the war-affected in the North and East has suffered a blow.



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