The big news: Chidambaram says demonetisation worse than a natural calamity, and 9 other top stories
In other headlines: CBI arrested an RBI official for allegedly laundering demonetised notes, and 10 people have been killed in Cyclone Vardah so far.
A look at the headlines right now:
- Demonetisation worse than a natural calamity, has caused great distress to Indians, says Chidambaram: The Congress leader criticised the Centre’s implementation of the move and said it would have a negative impact on the country’s GDP in the long term.
- CBI arrests senior RBI official, two others for allegedly laundering demonetised notes in Bengaluru: Investigators also recovered Rs 16 lakh in new denominations from K Michael and his accomplices.
- Cyclone Vardah will reach Karnataka today, south Goa on Wednesday: Ten people have died because of the cyclone so far.
- Kiren Rijiju named in Arunachal hydro project scam involving more than Rs 450 crore: Chief Vigilance Officer Satish Verma of Eastern Electric Power Corporation has named the Union Minister in a report pertaining to the Kameng Hydro Electric Project, reported The Indian Express.
- Six days after plane crash, Pakistan International Airlines chairperson resigns: A spokesperson for the company said Azam Saigol had cited personal reasons, but news reports suggested he was pressured to step down.
- Hyderabad twin blasts: NIA court convicts five Indian Mujahideen members: The sentence against IM co-founder Yasin Bhatkal and four others will be pronounced on December 19.
- CBSE asks schools to go cashless from January 1, 2017: The move has been welcomed since many schools already offer digital modes of payment of fees.
- Saudi woman who stepped out without abaya arrested for ‘violations of general morals’: Malak al-Shehri had announced her plan on Twitter, and posted her photos in a jacket and dress on a Riyadh street in November.
- Home ministry renews foreign funding licence of Teesta Setalvad’s NGO: The organisation, Citizen for Justice and Peace, was put under the prior permission category, but the renewed documents do not mention this.
- Chinese media says Donald Trump has ‘overestimated the US’ capability of dominating the world’: An editorial in the state-run Global Times said Beijing had a ‘whole raft of tools to fight’ the president-elect’s economic and trade threats.