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Modi defends clampdown on cash economy | Reuters

Dec 3, 2016

Modi defends clampdown on cash economy | Reuters

NEW DELHI Prime Minister Narendra Modi on Saturday defended his crackdown on the cash economy that has left businesses, farmers and families suffering, saying it was necessary to keep inflation in check and ensure basic amenities for all.Modi's decision last month to scrap 500 rupee and 1,000 rupee banknotes as part of a crackdown on tax dodgers and counterfeiters has caused a currency crunch in a country where most people are paid in cash and buy what they need with cash.With a small stock of smaller notes available and new bills of 500 and 2,000 rupee in short supply, Indians are being forced to stand in queues outside banks and cash machines to change their old notes.Addressing his party's election campaign rally in the state of Uttar Pradesh, Modi said: "Please support me in curing the disease that has been afflicting this country for the last 70 years."I have put you all in a queue. But this is the last queue to end all the queues." While Modi has been praised for his intentions, he is facing flak from political opponents as well as prominent economists such as Amartya Sen and Paul Krugman for sucking 86 percent of the currency out of circulation virtually overnight.Nobel laureate Krugman on Friday said Modi's decision was "highly disruptive" and would result in "significant" temporary cost for the economy without producing major gains in the long-run. #Africa #Cash #Corruption #lifestyle #United States
Tennis legend Boris Becker to visit Kolkata on 18 December

Dec 3, 2016

Tennis legend Boris Becker to visit Kolkata on 18 December

German tennis icon Boris Becker will be in town on a two-day visit during the third edition of the Tata Steel Kolkata 25K run, to be held on December 18, organisers said on Saturday. #Athletics #Boris Becker #India #Kolkata #Lalita Babar #Novak Djokovic #OP Jaisha #Sourav Ganguly #SportsTracker #Tennis
Arunachal Pradesh: Two soldiers killed, eight injured as militants ambush Assam Rifles convoy

Dec 3, 2016

Arunachal Pradesh: Two soldiers killed, eight injured as militants ambush Assam Rifles convoy

Two soldiers were killed and eight others injured as militants, believed to be from the banned Naga outfit NSCN-K, ambushed a convoy of the Assam Rifles along the India-Myanmar border in Arunachal Pradesh on Saturday, a defence spokesman said. #Arunachal Pradesh #Assam #Assam Rifles convoy #Myanmar border in Arunachal Pradesh #NewsTracker #United Liberation Front Of Assam
Ruthless Chelsea fight back to sink Man City | Reuters

Dec 3, 2016

Ruthless Chelsea fight back to sink Man City | Reuters

Chelsea came from behind to secure a dramatic 3-1 win at Manchester City and forge clear at the top of the Premier League as their top-of-the-table clash ended in a mass brawl and two City players were sent off on Saturday.Diego Costa, the league's leading marksman, scored his 11th of the season on the hour to equalise, substitute Willian notched on the counter-attack 10 minutes later and Eden Hazard sealed Chelsea's eighth straight win in the 90th minute.Gary Cahill had given City a deserved lead just before halftime, slicing the ball into his own net with a clumsy attempted clearance, and the home side had chances to wrap up the points after the break as Kevin De Bruyne missed from three metres when it seemed easier to score.In stoppage time, with Chelsea already guaranteed a four-point lead at the top, mayhem broke out following a terrible tackle by Sergio Aguero on David Luiz.The Argentine was shown a red card and, as players piled in, Fernandinho was also dismissed for pushing Cesc Fabregas over the advertising hoardings.It was the first time a team had finished a game with nine men in the Premier League for eight years yet, for large parts, it had looked as if it could be the end of Chelsea's purple patch with City largely dominating until Pep Guardiola's men were again found out defensively. Several times, Aguero came close, thwarted by a brilliant Cesar Azpilicueta block and heading wide from De Bruyne's pinpoint cross.Yet City's goal was a soft one with Cahill displaying technical deficiency, trying to clear Jesus Navas's cross with his right foot when he needed to use his left.City piled on the pressure after the break with De Bruyne forcing a fine save from Courtois and more comedy defending almost gifting a goal for Aguero before De Bruyne's open-goal miss from Navas's cross. It was a costly error as Fabregas found Costa with a lovely, long ball which he controlled on his chest before outsmuscling Nicolas Otamendi and firing the equaliser.Costa then put Willian clean through, the Brazilian firing across Claudio Bravo into the corner before he marked his goal with an emotional raising of his black armband to honour those who died in the Chapecoense air crash.After Hazard had latched on to a long ball from Marcos Alonso to sprint clear of Aleksandar Kolarov and net the third, City's frustration got the better of them as Aguero's wild knee-high lunge on Luiz resulted in furious scenes with all 22 players and staff being involved in a melee. #brazilian #Italy #lifestyle #markets #United Kingdom
IPTL 2016: Indian Aces eke out one-point win over defending champions Singapore Slammers

Dec 3, 2016

IPTL 2016: Indian Aces eke out one-point win over defending champions Singapore Slammers

Kirsten Flipkens led India Aces to a tight one-point win over defending champions Singapore Slammers with her decisive victory over Kiki Bertens in the do-or-die women's singles clash in IPTL, in Tokyo on Saturday. #Carlos Moya #Feliciano Lopez #India #Indian Aces #IPTL #Ivan Dodig #Kiki Bertens #Kirsten Flipkens #Marcelo Melo #Marcos Baghdatis #Nick Kyrgios #Rohan Bopanna #Sania Mirza #SportsTracker #Tennis #Thomas Enqvist
Kashmir unrest: Omar Abdullah lets Pakistan off, says 'historic blunders' by India to blame

Dec 3, 2016

Kashmir unrest: Omar Abdullah lets Pakistan off, says 'historic blunders' by India to blame

Former Jammu and Kashmir chief minister Omar Abdullah said the unrest in Kashmir cannot be blamed on Pakistan, but was a result of "mistakes" made by the Indian government of not engaging with the people of the state #Jammu and Kashmir #Kashmir #National Conference #New Delhi #Omar Abdullah #Pakistan #PDP #People's Democratic Party #TheySaidIt
Counter-terror framework, regional connectivity to dominate Heart of Asia conference

Dec 3, 2016

Counter-terror framework, regional connectivity to dominate Heart of Asia conference

Finalising a counter-terror framework, ways to bring lasting peace to Afghanistan and boosting regional connectivity for the war-ravaged country's economic growth were some of the major focus areas during first day's deliberations at the Heart of Asia conference on Saturday, being attended by major regional and global powers. #Heart of Asia #India #India and Pakistan #Narendra Modi #Pakistan
When Lionel Messi, Neymar were beaten by little-known Malaysian player to a Fifa award

Dec 3, 2016

When Lionel Messi, Neymar were beaten by little-known Malaysian player to a Fifa award

A Malaysian footballer has beaten the likes of Neymar and Messi to score a place in Fifa's shortlist for top three goals of the year. #Barcelona #FC Barcelona #FIFA #Fifa Puskas Award 2016 #football #KickingAround #Lionel Messi #Mohamad Faiz Subri #Neymar