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Business Standard News Digest: 'Economists talking nonsense' and more

Your daily dose of handpicked news from Business Standard and elsewhere

PM Modi wants $400 bn Amazon-like market place for all govt purchases

BJP leaders and ministers have decided to take on the task of educating public on how to make digital payments

Twitter accounts of Congress, Rahul Gandhi hacked again, abusive tweets posted

Gandhi's twitter account was also hacked on Wednesday evening and expletives and abuses were posted on the handle

Petrol pumps, airlines will accept banned Rs 500 notes only till Dec 2

Earlier Dharmendra Pradhan had announced that petrol pumps and LPG stations will continue to accept old Rs. 500 notes till Dec 15

Did Trump call Nawaz Sharif a terrific guy? Pak govt says he did

Trump reportedly had high praise for both Sharif and the people of Pakistan

Banks, ATMs run out of cash on Pay day, chaos continues

Banks ran out of cash within hours of opening

Dense fog in Delhi: Flight operations suspended, trains delayed

Movement of traffic in Delhi slowed down, especially on the Delhi-Noida and Delhi-Gurgaon expressways

From GDP growth concerns to note ban's impact on GST roll-out: 5 key developments

In other news, Donald Trump's Treasury pick outlines the President-elect's economic policy

Rahul Gandhi's twitter account hacked, obscenities posted

Twitter handle name changed to 'Retard Gandhi'

Coolpad Note 3S, Mega 3 launch exclusively on Amazon

Both the phones, Note 3S (Rs 9,999) and Mega 3 (Rs 6,999), will be available exclusively on Amazon from December 7

Ratan's half-brother Noel a contender for top job at Tata Sons: All you need to know about him

Like Tata and Mistry, Noel also prefers to keep a low profile and is rarely seen in public

What will RBI do with scrapped currency notes?

According to reports, the central bank has chalked out unique ways for innovative use of banned notes

3 armymen dead, 1 JCO injured in helicopter crash in Bengal

The officers were on board the Cheetah helicopter which crashed at 10.30 am

National anthem must be played in theatres before screening of movies: SC

SC said that everyone present in the cinema halls must rise and pay respect to the national anthem

J C Bose: One of India's greatest scientists with many facets

Google remembers Bose with a doodle on his 158th birth anniversary

RBI caps withdrawals from Jan Dhan accounts at Rs 10,000 a month

Move aimed at protecting account holders from being used for money-laundering and benami transactions

From Tata Power EGM to Colombia plane crash: 5 key developments

In other news, Prime Minister Narendra Modi tells BJP MPs, MLAs to come clean on transactions

Suspend AAP MP Bhagwant Mann for one day, says MPs' panel

He was found guilty by MPs' panel for breaching Parliament security in mobile video

BJP makes clean sweep in Gujarat local body polls, wins 109 seats

Riding high on the Narendra Modi wave, BJP gets another reason to cheer; Congress bags 17 seats

How to go cashless? Learn it from PM Modi

As his govt pushes for more cashless transactions to tide over currency shortage, PM takes to Twitter to teach how it's done