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1st March News in Nutshell: Important news of the day

National News-Uproar in parliament over massive overseas business empire of Chidambaram's sonAll India Anna Dravida Munnetra Kazhagam (AIADMK) members created huge uproar in both houses of parliament today demanding action against the role of former

India TV News Desk [ Updated: March 01, 2016 20:14 IST ]
1st march news in nutshell important news of the day
1st march news in nutshell important news of the day

National News-

Uproar in parliament over massive overseas business empire of Chidambaram's son

All India Anna Dravida Munnetra Kazhagam (AIADMK) members created huge uproar in both houses of parliament today demanding action against the role of former Finance minister P Chidambaram's son Karti in the Aircel-Maxis deal and his massive overseas business empire. Read More

Markets bet big on RBI rate cut, Sensex rallies over 777 points

Finance Minister Arun Jaitley's decision to stick to the fiscal deficit targets of 3.9 per cent and 3.5 per cent for this year as well as the 2016-17 financial year respectively has sent markets expecting Reserve Bank of India governor Raghuram Rajan to put his rate-cutting scissors to use sooner than later. Read More

Asia Cup: India win toss, Sri Lanka to bat first

In their third match of Asia Cup, Indian has won the toss against Sri Lanka and elected to field first. Read More

Facing flak, govt says will consider rollback of tax on EPF withdrawals

Under all-round attack following its Budget proposal to tax 60 per cent of withdrawals from provident fund and a ceiling on employers contribution, the government today promised to consider demands for a rollback of the proposal to tax but made it clear that PPF will continue to be exempt from tax. Read More

PPF withdrawal out of tax ambit; only interest to be taxed in EPF: Govt

Seeking to dispel fears of the salaried class following the Budget announcement, the government today clarified that the popular Public Provident Fund (PPF) scheme will continue to stay out of the tax ambit and that tax will be levied only on accrued interest on 60 percent of employee provident fund (EPF) contribution. Read More

International News-

Republican presidential hopeful Donald Trump 'Misquotes' Mahatma Gandhi

Republican presidential front runner Donald Trump on Monday posted a quote on Instagram attributing it to Mahatma Gandhi, but the American media said there is no evidence that the Indian leader had ever used these words. Read More

Women allegedly shouting ‘Allahu Akbar' with child's severed head in her hand detained (Watch video)

A black burqa-clad woman today was seen roaming outside a metro station in the Russian capital carrying a severed head of a child, according to eyewitnesses. Read More

Business News-

Budget 2016: Despite a hike of around 10%, 'defence' fails to find a mention in Jaitley's speech

In a surprising move, Finance Minister Arun Jaitley did not mention allocation to the defence sector in his budget speech delivered in Lok Sabha on Monday. Read More

5 new features expected from iPhone 5SE (Special Edition)

Everyone is eagerly waiting for Apple's March launch with new round of rumors each day. Read More

Entertainment News-

OMG! Salman Khan gives an UNEXPECTED response to Shah Rukh's 'Fan' trailer

The trailer of Shah Rukh Khan starrer ‘Fan' released yesterday amid great frenzy of fans. SRK enthusiasts have been gibbering for the trailer like there's no tomorrow. Read More

Confirmed: Preity Zinta marries boyfriend Gene Goodenough in Los Angeles

Actress Preity Zinta has ditched her singlehood to get hitched to American boyfriend Gene Goodenough, suggest media reports. Read More

Sports News-

BCCI in fix as Himachal doesn't want to host Indo-Pak WT20 match

The much-awaited India-Pakistan World Twenty20 clash is in jeopardy after the Himachal Pradesh government expressed its inability to provide security for the match, leaving the BCCI in a bind with Board Secretary Anurag Thakur saying that the state should not "play politics". Read More

Bangladesh are ready to tour Pakistan

Pakistan Cricket Board (PCB) chairman Shahryar Khan has revealed that Bangladesh have agreed to play in Pakistan, but he didn't disclose the schedule of the matches. The 81-year-old said that the Bangladesh cricket team were willing to play in Pakistan, with matches expected to be played in Karachi and Lahore, the Express Tribune reported.

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