Tuesday morning news brief, November 14

Tuesday morning brief Nov 14 2017
Good morning!
Here’s everything you need to know to start your day…
Sasikala’s clan invested Rs 1,430 crore of ‘dirty money’ in realty. I-T sleuths have seized papers revealing Rs 1,430 crore worth of “unaccounted-for” investments in real estate, Rs 7.14 crore in cash, and jewellery valued at Rs 5 crore during their five-day searches. Most of the property-related documents were seized from the properties of Sasikala’s nephew and Jaya TV CEO Vivek Jayaraman, his sister Krishna Priya and their auditor. Read more
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Patidar leader Hardik Patel is embroiled in controversy as his ‘sex clip’ has gone viral &quot;The video is fake and morphed. It is part of dirty politics by the BJP that has stooped down to the lowest level to attack me,&quot; he said. About ten days ago, Hardik said that he would soon be defamed with a &ldquo;doctored&rdquo;<a href=”https://timesofindia.indiatimes.com/india/sex-clip-goes-viral-hardik-patel-cries-foul/articleshow/61636240.cms”> sex CD</a>.<br />
The BrahMos missile will be tested from a Sukhoi fighter jet for the first time this week. The sleek BrahMos supersonic cruise missile flies almost three times the speed of sound, at Mach 2.8, and will be test-fired from a Sukhoi-30MKI fighter jet. The air-to-ground BrahMos missiles can be used, for example, for pinpoint strikes on terror camps located deep inside enemy territory, say sources.
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Congress leaders have put off the election for the post of party president. With no indication when a meeting of the Congress Working Committee will take place, Congress leaders said election of the party chief may now happen after the Gujarat elections. A senior leader said vice president Rahul Gandhi’s elevation to the post, amid a tight campaign schedule in Gujarat, would create an “unnecessary distraction” for party workers.
Finance minister Arun Jaitley yesterday hinted at further trimming of GST rates. “Rationalisation process in a transition (phase) will continue… Such rationalisation in future will depend on revenue buoyancy,” the finance minister said. He also slammed opponents, like Congress vice president Rahul Gandhi, who have been advocating a shift to a single-rate regime. On Friday, the GST Council, led by Jaitley, slashed rates on over 200 items with the levy on 176 reduced from 28% to 18%, leaving just 50 in the highest slab.
Copyright @ 2017 Bennett, Coleman & Co. Ltd.

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