No Limit on Cash Withdrawal from Feb 1- RBI

Soon after it was announced by Prime Minister Narendra Modi that highest currency notes will not be a legal tender, the common man of India faced numerous trouble. People all around the nation stood in long queues in front of banks and ATM's. The banks and ATM's remained closed for a day after the decision of demonetization was announced. After that, cash withdrawal limit was placed on transactions leading to a cash withdrawal of Rs 2000 per day. But according to the leading news aggregator, it is known that Reserve Bank of India has announced to withdraw limits placed on cash withdrawal from February 1, 2017. This is a good news for the people of India and they can get the desired amount of money through bank or ATM transactions. At present, the daily cash withdrawal limit from ATM's is Rs 10,000 per day. However, weekly transactions of Rs 24,000 will continue for now on savings account. On the other hand, there is no limit of cash withdrawal from current or cash credit accounts. 

The decision was taken by Reserve Bank of India on Monday after reviewing the pace of remonetization. The Central Bank has said that banks at their discretion have their own operating limits. The banks are encouraging their customers to go for cashless transactions than cash transactions as it will help controlling the problems of corruption and black money. Another major news that is coming along the way is about the note design approval. Recently, RTI has revealed that the new note design was approved in May, 2016. After the completion of the process of note making, Prime Minister Narendra Modi announced his decision of demonetization and new notes came into effect instantly. 

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68th Republic Day Celebration: Terror Alerts

We all are aware that Republic Day is falling this week and the nation is busy making preparations for the celebrations. The latest India news is, the Intelligence Bureau has declared terror alert for the Republic day celebrations this week. The officials of Intelligence Bureau have said that they have got information about various terrorist groups such as Lashkar-e-Taiba to disrupt the function.

The full dress rehearsal for the Republic Day is going on. It is believed that it will pass through the same routes as it used to earlier. It will start from Vijay Chowk and will proceed to the Red Fort. The officials of Intelligence Bureau have informed the security agencies that Pakistani terrorist groups are planning and may carry out a terror attack on the occasion of Republic Day. According to the information, ISIS is planning to carry out attacks by planting IED (Improvised Explosive Device). They may launch wolf attacks, the kinds, which they have done several times in the Middle East and Europe. IB has also predicted that terror groups may make use of spoofed telephone numbers to elicit information from security agencies about their mattes of interests. Use of paragliders, drone camera enabled objects and remote controlled flying objects may be used to carry out the dreadful operations.

The save the capital city from terror attacks, Delhi police has made extensive security arrangements. The rail traffic may be suspended on 26th January from 9 am to 12 noon. It will be suspended during the time when full dress parade will be conducted. Earlier this month, flying mini or micro aerial vehicles is already banned by Delhi police when IB suggested that terrorists may use similar means to carry out their operations.

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Glimpse of 62nd Jio Filmfare Awards

The major wait of the individuals has been over who were waiting for a long time to win their favourites celebrities best titles they could. The 62nd Jio Filmfare Award Event was conducted on January 14th. The event was graced by the most actors of the Bollywood film fraternity and the event was hosted by actor Shah Rukh Khan. According to the latest news aggregator, the film Dangal swept away three major awards. Actor Aamir Khan won the best Actor, Nitesh Tiwari won the award for best director. On the other hand, Actress Alia Bhatt won Best Actor Award for her smashing performance in “Udta Punjab”. 

 Alia Bhatt graced the event with her Mother Soni Razdan and sister and received the Best Actor award from Boney Kapoor and Shridevi. Very talented and beautiful actress Sonam Kapoor won the Critics Award for her amazing performance in the movie “Neerja”. On the other hand, actor Shahid Kapoor and Manoj Bajpayee won the award for their portrayals in “Udta Punjab” and “Aligarh’ respectively under the male category. While the movie “Neerja” grabbed home “Best Film” award again. The best Debut Awards were won by Diljit Dosanjh (Male) for “Udta Punjab” and Ritika Singh (female) for “Saala Khadoos” respectively. Payal Saluja won the best costume for Udta Punjab. Stunt coordinator and Acion Director Shyam kaushal won the “Best Action” award for the movie “Dangal”. Ae Dil hai Mushkil- a Karan Johar film grabbed home four awards. 

Singer Arijit Singh won the “Best Plackback” for his title song “Ae Dil Hai Mushkil”. Best Music Album award and best Music director award was bagged by Pritam. On the other hand, Amitabh Bhattacharya won the Best Lyrics award for song “Channa Mareya”. Neha Bhasin won the best Plackback Singer (female) for the song “ Jag Ghoomeya” from the movie Sultan. Those were several highlights from the Jio Filmfare awards. For more political, science and technology and business news India, stay tuned with us.

BSF to Hold Fair Enquiry on Soldier Food Matter

You might have seen a video going viral on all social media platforms about a soldier making plea to the prime minister of India for being served low quality food, which is the latest news India. Soldier Tej Bahadur Yadav, who is a part of Border Security Force said the troops are ill treated and are served bad quality food. Not only this, sometimes they have to make it empty stomach. 

Following this incident India's Home Minister- Rajnath Singh said in a tweet that he has asked for a report from BSF and would take immediate actions. Junior Home Minister Kirren Rjju also replied in a tweet that they have taken serious note of the issue and would appropriate steps. Also he mentioned that he found high level of satisfaction among soldiers during his visits. BSF also responded in a tweet that they have already sent a senior officer to investigate into the matter. The Inspector General of Police DK Upadhayay said Mr. Yadav has several complaints against him and he has already faced disciplinary action in 2010. He has been shifted to headquarters so that fair enquiry can be conducted. DIG BSF Mr. Mann said he has four bad entries in his 20 years of service, because of which he was not promoted, which could the reason of frustration. He has been found to be indulged in the past too in various inter disciplinary actions. He was about to be court-martialed but considering his family he was not. 

Upadayay also said that the quality of the food might not be great but nobody else has made complaint on this. The matter has took serious turn and outcomes are yet to be revealed. Mr. Yadav has been shifted to headquarters so that fair investigation can be carried out. For more sports or business news India, stay tuned with us.

US Intervenes to Solve Indus Water Issue Between India and Pakistan

There is a dispute going on over the indus water between India and Pakistan. According to the latest reports, it has been known that US has shown willingness to resolve the indus water issue between both the countries, according to latest news India. The current disputes has taken a worse shape because Islamabad does not want India to initiate the construction of Kishanganga and Ratle hydroelectric power plant. Pakistan has objected because they believe that construction of these projects would violate the laws of Indus water treaty. It is a bond signed between both the countries and is brokered by world bank. 

Recently, US has intervened into the matter stating they have an amicable solution to the problem. It has been known that US secretary state John Kerry called Pakistan finance minister Ishaq Dar told that they wanted an amicable solution to the problem. Following the conversation, Dar told the media that they appreciate the concern of the US but stated it is the responsibility of World Bank to ensure India honour the IWT. US is intervening to solve the matter and suggest both the countries to bilaterally solve their differences. 

The Indus Water Treaty is a water agreement signed between both the countries about the distribution of Indus water. The agreement was signed between both the countries in 1960 and ia brokered by World Bank. The current dispute is about the construction of hydroelectric plants, on which Pakistan claimed the violation of Indus Water Treaty agreement. The Indian officials said that they want bilateral solutions. But change in agreement policies is not acceptable to Pakistan and they are not ready to accept the changes in the agreement. 

Now when US has intervened into the matter, lets see how the things take place and if it is able to solve the matter between both the countries. For more business, science and technology or sports news in Hindi, stay tuned with us.