Tuesday Evening News Brief, November 7

Tuesday evening brief Nov 7 2017
Good evening!
Here’s everything that transpired during the course of the day…
Finance Minister Arun Jaitley today contested Congress leader Manmohan Singh for calling demonetisation an ‘organised loot’. The loot is what happened in 2G scam, commonwealth games and allocation of coal blocks, whereas demonetisation was an economic exercise based on ethical and moral rationales, Jaitley said, adding, “An anti-black money drive is (an) ethical drive, a moral step. And what is morally and ethically correct has to be politically correct.” Read
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The government has collected Rs 4.39 lakh crore in direct taxes, up 15.2 per cent year-on-year, during the first seven months of the current fiscal. The collection, which includes personal income tax and corporate tax, represents 44.8 per cent of the total budget estimates of Rs 9.8 lakh crore in direct taxes for 2017-18. Gross collections (before adjusting for refunds) have increased 10.7 per cent to Rs 5.28 lakh crore during April-October, 2017. Refunds amounting to Rs 89,507 crore were issued during the seven-month period.
Winning Asia Cup is great, but we need to succeed in 2018, Indian women’s hockey team captain Rani Rampal has said. “The next year is very important for us and as a team, we need to enter these tournaments with the same confidence we had entering the Asia Cup,” Rani told TOI Sports in an exclusive chat today. According to Rani, the catalyst for a change in the team was shift in the players’ mindset as well as the arrival of Harendra Singh, who in 2016 coached the junior men’s team to the World Cup title.
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Actor Kamal Haasan has clarified that his controversial ‘Hindu extremism’ remarks were misinterpreted as ‘Hindu terrorism’ by the media. Kamal, who celebrated his 63rd birthday today, said, “I have to ensure that the remarks I make about Hindus do not offend the Hindus in my own family.” I will travel around Tamil Nadu to understand people’s problems, following which I will name the party, the Tamil actor said. Asked if he would contest the approaching local body elections, Kamal said, “First we have to get ready and strengthen the party.”
Chinese President Xi Jinping has been ‘very helpful’ in dealing with the threat posed by nuclear-armed North Korea, US President Donald Trump has said. Pyongyang is “a worldwide threat that requires a worldwide action”, according to Trump, who believes that Xi “really has been very, very helpful”. We hope that Russia likewise will be helpful, the US president said, adding, “All nations must implement UN Security Council regulations and cease trade and business entirely with North Korea.”
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