The big news: Jaitley says changes been proposed to bankruptcy code, and nine other top stories
Other headlines: The US called the violence against Rohingya ‘ethnic cleansing’, and protests broke out at a Chennai university after a student’s suicide.
A look at the headlines right now:
- Bankruptcy Code likely to be amended in Winter Session of Parliament: The amendment will bar wilful defaulters from bidding for stressed assets.
- US calls violence against Rohingya in Rakhine state ‘ethnic cleansing’: Secretary of State Rex Tillerson had visited Myanmar last week.
- Violence breaks out at Sathyabama University after student’s suicide: The first-year student killed herself allegedly after she was caught copying during an examination.
- Cabinet approves setting up 15th Finance Commission and a task force to review the income tax law: While the panel will devise the revenue-sharing formula for the Centre and states, the task force will look into simplifying the direct tax law.
- Hafiz Saeed vows to fight for Kashmir’s independence after Pakistan court orders his release: The 26/11 Mumbai terror attacks mastermind, who has been under house arrest since January, will be out on Thursday.
- IIT-Bombay, IISc-Bangalore among the top 10 institutions in QS Brics University Rankings: The top four ranks are all held by Chinese universities.
- Lok Sabha panel seeks report from I&B Ministry and censor board over Padmavati row: Punjab CM Amarinder Singh said he does not support banning the movie even as his Haryana counterpart said the government will not take a call till Padmavati gets censor board certification.
- UN tribunal sentences ‘Butcher of Bosnia’ Ratko Mladic to life for genocide: The 74-year-old was removed from court after he started shouting at the judges before the verdict was read out.
- Cabinet clears proposal to raise salaries of Supreme Court and High Court judges: It proposes that the chief justice of India gets Rs. 2.8 lakh per month, while other Supreme Court judges and chief justices of High Courts will get Rs 2.5 lakh.
- Emmerson Mnangagwa will be sworn in as Robert Mugabe’s successor on Friday: The former vice president of Zimbabwe had fled the country earlier in November, claiming there were threats against his life.