A look at the headlines right now:

  1. Pakistan flight with 48 people on board crashes near Abbottabad: The Pakistan International Airlines plane PK-661, which was heading to Islamabad, had reported engine problems shortly before it was declared missing.
  2. Monetary Policy Committee keeps RBI’s key repo rate unchanged at 6.25%: Factors such as the impacts of the US elections worldwide, domestic financial concerns as well as the modest Q2 global growth were taken into account.
  3. In suicide note, man claims Janardhan Reddy laundered Rs 100 crore for daughter’s wedding: He alleged that the mining baron had given a Karnataka Administrative Service officer, for whom he worked, a 20% cut for helping him convert the black money.
  4. Donald Trump is TIME’s Person of the Year 2016: The US president elect ‘found a way to woo white evangelicals by historic margins’, the magazine said.
  5. Cyrus Mistry rejected offer to voluntarily step down as Tata Sons chairman, says Ratan Tata: The ousted chairperson was a ‘disruptive influence’ on the working of the group’s firms where he was still the director, he said in a letter to shareholders.
  6. Government has people’s support on demonetisation, says Narendra Modi: The prime minister asked BJP legislators to reach out to citizens and explain how his decision to denotify Rs 500 and Rs 1,000 notes will help the country.
  7. Supreme Court orders BCCI to release Rs 1.33 crore for two India-England Test matches: The bench also allowed the sports body to disburse Rs 25 lakh each for three ODI and three T20 games between the teams.
  8. Musician of Indian origin Shri Sriram wins British Composer Award: His album ‘Just A Vibration’ bagged the honour in the ‘Wind Band or Brass Band’ category.
  9. Mulayam Singh Yadav appoints Amar Singh to Samajwadi Party’s parliamentary board: Uttar Pradesh Chief Minister Akhilesh Yadav had referred to the senior leader as an ‘outsider’ who was creating a rift in the party.
  10. Allahabad court dismisses plea against Narendra Modi’s election from Varanasi: The judge said Congress leader Ajay Rai had not placed on record any material to make the petition ‘triable’.