Live Breaking News Headlines Update: Road map and agenda for economic changes can always be laid, says Arun Jaitley

By: | Updated: December 7, 2016 7:50 PM

Earlier mindset of policymakers was that just be dishing out a few favours to the affluent changes can be brought in country’s economy, says Finance Minister Jaitley.

Most remarkable factor in the last two and a half years is the emergence of an aspirational India, says Arun Jaitley. (ANI)Most remarkable factor in the last two and a half years is the emergence of an aspirational India, says Arun Jaitley. (ANI)

7:47 PM: Central govt administrative offices in New Delhi to observe non-working day on December instead of December 13 in view of Eid-e-Milad.

7:15 PM: Ratan Tata says Mistry was voluntarily asked to step down as chairman, several attempts to remediate went unheeded

6:30 PM: CBI has arrested five then Directors of a Madhya Pradesh-based private firm during on-going investigation of a Chit Fund case

5:47 PM: It is being reported the PIA plane has crashed near Pipplian that is a suburban village of Havelian, says Pakistan media.

4:48 PM: Most remarkable factor in the last two and a half years is the emergence of an aspirational India: Finance Minister Arun Jaitley.

4:45 PM: Economic changes don’t happen overnight, but the road map and agenda for them can always be laid, says Finance Minister Jaitley at Petrotech 2016, being held in the national capital.

4:15 PM: Disbursal of funds to BCCI: Supreme Court orders to release Rs 1 crore and 33 lakhs for 2 Test matches between India and England.

3:42 PM: Manish Pandey replaces Ajinkya Rahane and Shardul Thakur comes in place of Mohd Shami ahead of 4th test in Mumbai.

3:40 PM: I think its a spelling mistake, Hurriyat must have meant terrorists: Ram Madhav of BJP on Hurriyat inviting tourists to Kashmir.

3:37 PM: The benchmark BSE Sensex was down by over 150 points to close at 26,236.87, while NSE Nifty settled at 8,102.05.

3:19 PM:

Also Read: RBI credit policy review 2016: Why Urjit Patel and MPC did not cut repo rate post demonetisation

3:16 PM: Watch this video

Also Read: RBI on demonetisation: Adequate supply of notes but would advocate people to shift to digital payments mode

3:13 PM: No fundamental trust deficit, most people think demonetisation is a good decision as it fights fake currency, black money and terrorism: Urjit Patel.

3:12 PM: Demonetisation: Delhi HC dismisses PIL seeking grant of parole to jail inmates who had to exchange their old currency and deposit money.

Also Read: RBI keeps repo rate unchanged at 6.25%: Read full statement

3:10 PM: Watch this video

3:06 PM: Between November 10-December 5, RBI supplied 19.1 billion pieces of denominations to public,which is more than total of last 3 years: RBI Deputy Governor R Gandhi.


3:04 PM: Old notes worth Rs 11.55 lakh crore recovered after demonetisation: RBI Deputy Governor R Gandhi.

3:03 PM:

3:02 PM: Union Minister Mahesh Sharma‘s reaction on Kashmir tourism issue. Watch this video

3:00 PM: Demonetisation decision not taken in haste: RBI Deputy Governor R Gandhi.

2:58 PM: SC reserved order in connection with the selling of liquor by vendors on National Highways in Tamil Nadu, Punjab, Haryana and Puducherry.

2:52 PM: RBI withdraws the incremental Cash Reserve Ration (CRR): Governor Urjit Patel


2:50 PM: Decided to keep retail inflation at 5 per cent in the fourth quarter of current fiscal: RBI Governor Urijit Patel.

2:49 PM: Lowered GDP growth estimate to 7.1 per cent in 2016-17 from the earlier projection of 7.6 per cent: Reserve Bank of India.

2:47 PM: NSE Nifty was trading down by 0.30 per cent at 8,119.00.

2:41 PM: BSE Sensex plunged following RBI’s announcement.

2:39 PM: ED registers FEMA case to probe alleged fraudulent transactions of Rs 22 crore involving AirAsia; summons airline officials, according to PTI.

2:32 PM: RBI keeps repo rate unchanged at 6.25 per cent.

2:30 PM:


2:27 PM: Rajya Sabha adjourned for the day as Opposition raises “PM house me aao” slogans.

2:25 PM: There’s no precedent in house since 1952 that PM must be here to listen to each & every member: FM Arun Jaitley.

2:24 PM: PM cannot listen to each and every member of the house, he has many other big responsibilities: Arun Jaitley.

2:21 PM: Halfway through debate you (opposition) disrupt it. Then you raise conditions that have never been raised in history: Arun Jaitley in Rajya Sabha.

2:15 PM: Opposition and Govt are not able to run the house: Senior BJP leader LK Advani to Union Minister Ananth Kumar.

2:04 PM: Lok Sabha adjourned for the day.

1:38 PM: Tourism is ideal for economic revival of Kashmir. It is in the interest of everybody, said MoS Home Kiren Rijiju on Hurriyat’s invitation to tourists.

1:37 PM: I campaigned for him being MP, but if he does something wrong then must be punished. What is interesting is one of those arrested Krishnakant went in 2014 to Singapore as part of Mamata Didi’s delegation, MP Babul Supriyo said on WB BJP leader arrested.

1:35 PM: Congress leader Mallikarjun Kharge has written a letter to PM Narendra Modi on CBI chief appointment issue.

1:32 PM: Senior BJP leader L K Advani expressed disappointment over how Parliament is functioning.

1:05 PM: Mohammad Shahabuddin case: Supreme Court defers hearing till tomorrow as argument from the CBI was inconclusive today.

1:03 PM: Checking records of 50 branches of 10 banks all over India where maximum amount of cash in old currency has been submitted. We have started checking up those account who have suspicious transaction post demonetisation: ED Sources, according to ANI.

Also Read: Subramanian Swamy: No BJP leader in Tamil Nadu will be accepted by the people

1:00 PM: DGCA asks Air India/ SpiceJet/ Indigo to suspend their pilots over WB CM Mamata Banerjee flight controversy.

12:58 PM: Security forces cordon off Anzawalla village in Anantnag district in Jammu and Kashmir. Search operation underway, according to an ANI report.

12:55 PM: “Sent letter two days after the decision to chief of protocol expressing concern. Also wrote to External Affairs Minister Sushma Swaraj. We as ambassadors are responsible for our nationals visiting India. 50,000 a week for the operation of an embassy is not enough. According to Vienna convention this our fund,” said Frank Castellanos, Dean of Diplomatic Corps.


12:48 PM: Controversy erupted over former Maharashtra minister and senior NCP leader Chhagan Bhujbal‘s extended hospital stay. Watch this video.

12:45 PM: A woman gets her head tonsured as a mark of respect for Jayalalithaa.


12:43 PM: Hurriyat leaders appeal for tourism in Jammu and Kashmir.

12:36 PM: People getting their heads tonsured as a mark of respect for Jayalalithaa at Marina Beach in Chennai.


12:35 PM:

Also Read: Why Jayalalitha’s death is a wake-up call for Mamata, Mayawati and Naveen

12:28 PM:

12:27 PM: Bank, realty and auto stocks today surged nearly five per cent in morning trade on BSE ahead of the Reserve Bank’s policy review meet. Among bank stocks, State Bank of India rose 1.06 per cent, while PNB jumped 2.01 per cent, Federal Bank (4.39 per cent) and Yes Bank (2.05 per cent) on BSE. Shares of ICICI Bank went up by 0.95 per cent and Bank of Baroda saw a rise of 1.38 per cent.

12:18 PM:

Also Read: Arvind Kejriwal: Narendra Modi will never make ‘muslim’ Najeeb Jung VP even as he sells his soul

12:12 PM: Meeting of Committee on demonetisation and digital transactions to be held in Mumbai tomorrow. Andhra Pradesh CM Chandrababu Naidu will chair the meeting.

12:08 PM: Panneer, that’s what I call him, will not be able to do what Sasikala tells him to, then the party will split, said BJP MP Subramanian Swamy.

12:05 PM: Rajya Sabha adjourned till 2 PM.

Also Read: Jayalalithaa’s coffin maker also made caskets for former PM Narasimha Rao and actors Sivaji Ganesan, Manorama

12:04 PM: “Must push for digital revolution,” PM Narendra Modi said even as Opposition sought apology from him.

11:38 AM:

11:37 AM: Lok Sabha adjourned till 12 noon.

11:33 AM: BJP MPs raised ‘Himmat hai toh charcha karo’slogans in Rajya Sabha.

11:32 AM: But it seems the opposition just wants to disrupt proceedings for one reason or the other: Arun Jaitley

11:30 AM: Rajya Sabha adjourned till 12 pm after uproar over demonetisation

11:21 AM: PM Narendra Modi condemns Opposition parties for creating impasse and not allowing debate on major reforms like demonetisation in Parliament.

11:16 AM: Govt took this decision without planning, who is responsible for so many deaths?: Ghulam Nabi Azad.

11:12 AM: Its been a month now and 84 people have died: Ghulam Nabi Azad in Rajya Sabha.

11:07 AM: Old 500 notes worth Rs 35 lakhs seized from an abandoned bag in Jan Shatabdi express train in Gaya.

11:06 AM: Prime Minister Narendra Modi is present in Lok Sabha.

11:03 AM: Supreme Court to hear on Friday December 9 a plea challenging appointment of Rakesh Asthana as interim Director of CBI.

10:55 AM: BCCI moves SC seeking disbursal of approximately Rs 1.33 crores for 2 tests between India and England to be held in Chennai and Mumbai.

10:50 AM: Watch this video

10:40 AM:

10:30 AM: Indian Space Research Organisation (ISRO) launched its PSLV C36 Resource Sat-2A today from the Satish Dhawan Space Centre in Sriharikota.


10:16 AM: “Cho Ramaswamy was a multidimensional personality, towering intellectual, great nationalist & fearless voice who was respected and admired. Cho Ramaswamy was insightful, frank & brilliant. Pained by his demise. Condolences to his family & countless readers of Thuglak,” PM Narendra Modi tweeted.

10:14 AM:

10:09 AM: Ramaswamy never compromised on his writings for anybody’s sake. May his soul rest in peace: Rajinikanth.

10:02 AM:

10:00 AM: Had come to offer my condolences and pay tribute to Cho Ramaswamy: Rajnikanth.

9:57 AM: PM Narendra Modi is present at the ongoing BJP parliamentary meeting.

9:53 AM: Rajnikanth at the residence of actor and political analyst Cho Ramaswamy to pay tribute. Ramaswamy had passed away earlier this morning.

9:40 AM: BJP Parliamentary meet underway.

9:35 AM: The benchmark Sensex opened in positive and was trading up by over 35 points at 26,430.35, while, NSE Nifty was trading 0.17% up at 8,157.05.

9:28 AM: “LG is acting like Hitler, following in footsteps of his masters Mr Modi n Amit Shah,” Delhi Chief Minister Arvind Kejriwal tweeted.

9:27 AM:

8:46 AM:

8:14 AM:

8:12 AM: Veteran actor Dilip Kumar was admitted to Mumbai’s Lilavati Hospital yesterday after he complained of swelling in his right leg and had fever.

8:10 AM: People block track as trains on Titwala-Kandiwali route were delayed due to technical glitch, services suspended after protest in Maharashtra.

8:00 AM: Visibility dropped as a thick blanket of fog engulfed Delhi-NCR. 81 trains were running late, 21 rescheduled and 3 cancelled due to poor visibility. Five domestic flights, 8 international flights delay, 3 diverted, a report said.

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