RBI allows NRIs to exchange old notes till June 2017

The Reserve Bank of India said on Saturday, the Non-resident Indians (NRIs) can exchange old Rs 500 and Rs 1000 notes till June 30, 2017. However, Indian citizens in Nepal, Bhutan, Pakistan and Bangladesh cannot avail this facility. “Resident Indian citizens who were abroad during November 9, 2016 to December 30,…

New Schemes announced by PM Modi on New Year’s eve address

Prime Minister Narendra Modi announced on Saturday two new housing schemes benefiting the economically backward sections as well as financial aid for pregnant women. Wishing the nation a happy new year, Modi assured that his government’s efforts in 2017 would be to bring the banking system to normal at the…

Trump tweets: Happy New Year to ‘my enemies, who fought him and lost badly’

On New Year’s Eve, President – elect Donald Trump sent New Year’s greetings to his “many enemies” in a backhanded tweet Saturday in which he gloated over his political conquests. He posted: “Happy New Year to all, including to my many enemies and those who have fought me and lost so badly they just…

New Year celebrations: Cities around the world welcome 2017

Australia rang in the New Year with a spectacular fireworks display in Sydney, sending rainbow-coloured showers into the night sky and defying the global terror attacks that cast a pall over 2016. Around 1.5 million people packed Australia’s biggest city to watch as the seven tons of midnight fireworks erupted…