Tuesday evening news brief, June 13 2017

Tuesday evening brief Jun 13 2017
Good evening!
Here’s everything that transpired during the course of the day…
A UK court has granted loan defaulter Vijay Mallya bail till December 4 and will hear the case again on July 6. He was appearing for his extradition case hearing based on a formal request made by India. The judge today set a timetable to hear the arguments for and against Mallya’s extradition. Mallya told reporters that he has enough evidence to prove that he is not guilty. Read
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The Reserve Bank of India today said it is launching a new batch of Rs 500 notes. The new notes will have the inset letter “A” in both the number panels, bearing the signature of RBI governor Urjit R. Patel. The design is otherwise similar to the Rs 500 banknotes in Mahatma Gandhi (New) Series which were first notified on November 8th last year.
Congress leader Jyotiraditya Scindia was arrested when he attempted to enter Mandsaur in MP. He was on his way to meet the families of the farmers killed in firing during a protest last week. He was stopped near a toll booth in Jaora area, where prohibitory orders under section 144 remained in place after the curfew was lifted.
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The government has emphasised that Good and Services Tax will be rolled out from July 1. Seeking to dispel rumours of a possible deferment, the finance ministry in a statement assured that preparations are in full swing for a smooth implementation. Certain sections of the industry and the West Bengal finance minister has proposed postponing GST roll out by a month.
A lawsuit has been filed against football star Cristiano Ronaldo for allegedly defrauding Spanish authorities. The lawsuit filed in Madrid alleged that the Portuguese footballer defrauded Spanish authorities of $16.48 million between 2011 and 2014, and had knowingly used a business structure created in 2010 to allegedly hide his income in Spain from his image rights.
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