Lt General AK Bhatt appointed as new DGMO

NEW DELHI: The government has cleared the appointment of Lt-General A K Bhatt as the next director-general of military operations (DGMO), even though it is yet to announce the names of the next Army and IAF chiefs despite both General Dalbir Singh Suhag and Air Chief Marshal Arup Raha slated to retire on December 31.

Lt-Gen Bhatt, who was commissioned into the Gorkha Rifles, will take over the crucial DGMO appointment from Lt-General Ranbir Singh, who captured the popular imagination after he declared at a hurriedly-called press briefing by the external affairs ministry that Army Special Forces had conducted "surgical strikes" against terror launch pads in Pakistan-occupied-Kashmir on September 29.

Lt-Gen Bhatt, who has earlier served in the military operations directorate as a brigadier, is currently posted as the additional director general of the complaints and advisory board at the Army HQ here after he commanded the 21 Division in Assam.

Source:-timesofindia

J-K: Army launches massive assault along LoC a day after Pakistan mutilates soldier

The Army has pushed a huge strike on Pakistan along the Line of Control in Poonch and Rajouri locales, a day after three Indian warriors were killed and the grouping of one of them was destroyed in Machil division of Kupwara range in northern Kashmir. The counter-unfriendly takes after the Army Northern Command guarantee that "response will overpower for this frail show".

Brigadier, Northern Command, S Gotra said that a counter-antagonistic, in striking back to Tuesday's catch on the Army watch in Machhil portion of Kashmir, is under way. Defend PRO Manish Mehta, too, said Indian Army posts are responding immovably and giving a befitting answer.

Pakistan Army has in like manner purportedly let go at Indian posts along the LoC in Bhimber Gali, Krishna Ghati and Nowshera zones.

This is the second such event of mutilation of the body of an Indian contender in a comparative division since October 28 when mental activists had crossed the LoC and killed an Indian Army trooper and demolished his body.

Source:- indianexpress

End ‘discrimination’ against farmers: Siddaramaiah to FM

BENGALURU: Karnataka Chief Minister Siddaramaiah has declared that the Modi government has taken up an "insightful approach of detachment" against the rural division and agriculturists as region central accommodating banks have been kept from enduring investigated coin notes from their customers.

"While benefactors of business banks will have time till December 30 to store their old cash observes, the financial specialists of the DCC banks have no such window open to them.

In reality, even inside the accommodating part, this blacklist has been made important quite recently to the DCC banks which, as it were, advantage the nation agribusiness territory and not to Urban Cooperative banks.

I consider whether this isolation is a discerning procedure of the Union Government; and if that is thusly, I might need to know the clarifications behind the same," Siddaramaiah said in a letter to Finance Minister Arun Jaitley and RBI Governor Urjit Patel.

Source:- timesofindia.indiatimes

Banks Have Received $80 Billion In 500, 1000 Notes, Says RBI: 5 Points

NEW DELHI: The Reserve Bank of India today said banks have wound up 5.45 trillion rupees or 80 billion dollars in 500 and 1000 rupee notes from November 10 to 18, after the affiliation together pulled back high regard bills to discard decrease or untaxed money and fake coin.

Here are the 5 latest developments in this principal issue:

1-The entire wires 5.12 trillion rupees ($75.1 billion) in bank stores and 33,000 crore rupees ($ 4.85 billion) thusly of old notes with new ones. The connivance had negated 500 and 1000 rupee notes on November 8.

2-The national bank has besides impelled a change of expressions today, in one, allowing banks to give borrowers an additional 60 days for repayment of hotel, auto, make and organized credits under one crore.

3-The RBI said banks and fluctuating moneylenders will get an additional 60 days for seeing these credits as non-performing assets or substandard. The relaxing up will apply to right payable between November 1 and December 31, it said.

4-The RBI has in like way sustained cash withdrawal rules for affiliations, saying overdraft and cash credit account holders can now pull go down to Rs. 50,000 in a week now.

5-It had earlier allowed starting late current record holders to pull back Rs. 50,000 in a week. The national bank said this would be considered records that have been operational all through the past three months. People can pull back Rs. 24,000 a week from their wind account.

Source:- NDTV