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State-Run Banks Have No Plans To Shut ATMs: Minister Tells Parliament

Saturday, December 15, 2018, 10:51 AM

The public Sector banks (PSB) have no plans to shut down 50% of their ATMs in the country, Minister of State for Finance Shiv Pratap Shukla told the Lok Sabha. Concerns were raised after the Confederation of ATM Industry (CATMi) last month said that nearly 50% of the Automated Teller Machines (ATMs) may close down by March 2019 due to unviability of operations.
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CAG to submit Rafale report by Jan-end

Saturday, December 15, 2018, 10:47 AM

The government's official auditor, Comptroller and Auditor General (CAG), is yet to finalise its report on the Rs 59,000 crore deal to acquire 36 Rafale jets in an inter-governmental agreement signed with France in 2016. The CAG report on the Rafale deal, expected to be complete by January-end, may be combined with several other defence acquisitions, sources said.
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Madras HC Rejects TTV Dinakaran Plea On Income Tax Reassessment

Saturday, December 15, 2018, 9:58 AM

The Madras High Court dismissed petitions filed by AMMK leader TTV Dinakaran challenging the reassessment of his income tax for 1995-96 and 1996-97 by the department. The I-T department had sought to re-open the income tax returns filed by Mr Dinakaran for assessment years 1995-96 and 1996-97 based on searches made by the Enforcement Department.

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